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Goal Setting. Explain why having very specific goals is important for financial

ID: 2793332 • Letter: G

Question

Goal Setting. Explain why having very specific goals is important for financial planning Your financial plan is: (Select the best answer below.) O A. a roadmap or blueprint that you use to accomplish your goals. Having some goals with an approximate time horizon and general costs assigned to those goals O B. a roadmap or blueprint that you use to accomplish your goals. Having clear goals with fixed time horizons and specific costs assigned to those goals makes it C a roadmap or blueprint that you use to set your goals. Having clear goals or he long-term and specific costs ass ned those as makes easier O des an O D. a roadmap or blueprint that you use to accomplish your goals. Having clear goals with fixed time horizons and specific costs assigned to those goals makes it makes it easier to design the plan of action needed to achieve those goals. easier to design the plan of action needed to achieve those goals. the plan of action needed to achieve those goals before retirement. harder to design the plan of action needed to achieve those goals.

Explanation / Answer

Option B
a roadmap or blueprint that you use to accomplish your goals. Having clear goals with fixed time horizons and specific costs assigned to those goals makes it easier to design the plan of action needed to achieve those goals

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