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True or False: To get the best outcome while trying to reach a financial goal, you should estimate the cost of the goal and how long it will take to save enough money to accomplish that goal.

User Chalasr
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4 votes

Answer:

Yes It is true that to get the best outcome while trying to reach a financial goal, you should estimate the cost of the goal and how long it will take to save enough money to accomplish that goal.

Step-by-step explanation:

Financial goals are targeted towards specific future financial needs.

A typical example of an individual's financial goal could be to buy a house, a dream car and saving for children's Education.

The best outcome while trying to reach a financial goal is

  • Cost estimation
  • Time required to raise capital

when this two factors is in place, then the timeline for accomplishing that financial goal will be determined.

User Alena
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2 votes

Answer:

True

Step-by-step explanation:

Estimating the cost of a financial goal and time it will take to save sufficient money to execute the goal is important to get the best outcome

User Vlad Cazacu
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