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What element is missing from the following financial goal?

""I will save $75 each week to go on a vacation to Hawaii.""

User Aminesrine
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1 Answer

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Final answer:

The missing element from the financial goal is a specific time frame which is needed to make the goal SMART, particularly 'Time-bound'.

Step-by-step explanation:

The element missing from the following financial goal "I will save $75 each week to go on a vacation to Hawaii" is a time frame. A time frame is crucial for setting a SMART goal, which stands for Specific, Measurable, Achievable, Relevant, and Time-bound. To complete the goal, it could be revised to: "I will save $75 each week for the next year to go on a vacation to Hawaii." This adjustment adds a specific time frame that allows for planning and tracking progress towards the goal.

User Stonedonkey
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