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Saving $3,000 for a large, flat-screen TV within the next 3 years is an example of a short-term goal. True or false?

User Eric Dand
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1 Answer

3 votes

Answer:

False

Step-by-step explanation:

As for an individual, short term goal period does not exceed a time span of maximum 6 months.

More than that will always be considered as long term goal.

Buying a flat screen TV is short term but collecting money for that in term of 3 years is always long term as the period is more than 6 months.

Therefore, the above statement is false.

User Toughy
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