teamwolf33
Answered

Activity: Set Goals and Create a Financial Plan

Part A: Note down one personal goal and one career/school goal that you want to set for the short-term, medium-term, and long-term. Also, assign a cost to achieving each goal.

| Time | Personal Goal | Career or School Goal | Cost |
|------------|------------------------|---------------------------|-------------|
| Short-Term | | | |
| Medium-Term| | | |
| Long-Term | | | |

- Short-Term: ___ years
- Medium-Term: ___ years
- Long-Term: ___ years



Answer :

GinnyAnswer

Final answer:

Setting short-term, medium-term, and long-term personal and career goals with associated costs is essential for effective financial planning.


Explanation:

Setting Personal and Career Goals with Financial Planning

Setting short-term, medium-term, and long-term goals is crucial for personal and career growth. For example, a short-term personal goal could be saving for a vacation, while a long-term career goal might involve advancing to a leadership position requiring further education.

Assigning a cost to each goal helps in financial planning. It's essential to align your financial resources with your goals to ensure successful achievement.

Financial planning involves steps like goal setting, evaluation, planning, implementation, and monitoring, ensuring a structured approach to managing your finances for a secure future.


Learn more about Setting personal and career goals with financial planning here:

https://brainly.com/question/49837496