What is true about the way you should approach financial goals across different stages of your life?

A. Failure to meet a financial goal is a sign of personal weakness, so you should never alter a goal until you have completed it exactly as you imagined it.

B. You need to be consistent and determined when it comes to financial goals. The financial goals you make as a young adult should stay in place for the rest of your life.

C. Most people tend to make more money as they grow older and more experienced. After a certain point in your life, you should have enough money to meet all of your financial goals, at which point you will no longer need to concern yourself with long-term goals.

D. As you progress through life, your values and financial possibilities will gradually change, which leads to an evolution of your financial goals over time.

Question

13-08-2024
Business

Answered

What is true about the way you should approach financial goals across different stages of your life?

A. Failure to meet a financial goal is a sign of personal weakness, so you should never alter a goal until you have completed it exactly as you imagined it.

B. You need to be consistent and determined when it comes to financial goals. The financial goals you make as a young adult should stay in place for the rest of your life.

C. Most people tend to make more money as they grow older and more experienced. After a certain point in your life, you should have enough money to meet all of your financial goals, at which point you will no longer need to concern yourself with long-term goals.

D. As you progress through life, your values and financial possibilities will gradually change, which leads to an evolution of your financial goals over time.

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-08-13T14:23:43-04:00

Final answer:

Financial goals should adapt with changes in values and circumstances, reflecting on goals periodically is crucial, and setting both short and long-term goals helps in achieving objectives.

Explanation:

Financial goals should evolve over time as your circumstances and values change. It is important to periodically reflect on your goals to ensure they align with your current values and priorities. Setting both short-term and long-term goals allows you to break down larger aspirations into manageable steps while staying focused on your ultimate objectives.

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