It is important to re-evaluate financial goals periodically. In which of the following situations would it be necessary to change an existing financial goal?
a.
You fell sharply behind your expected schedule with regard to saving.
b.
You recovered from an unexpected expense and are rattled that you did not see it coming.
c.
You married, and your spouse has a similar financial goal.
d.
You came across unexpected income.

Question

felixthird09 felixthird09

11-08-2022
Mathematics

contestada

It is important to re-evaluate financial goals periodically. In which of the following situations would it be necessary to change an existing financial goal?
a.
You fell sharply behind your expected schedule with regard to saving.
b.
You recovered from an unexpected expense and are rattled that you did not see it coming.
c.
You married, and your spouse has a similar financial goal.
d.
You came across unexpected income.

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okpalawalter8 okpalawalter8 · Answer 1 · 2022-08-12T19:39:18+02:00

It is important to re-evaluate financial goals periodically, in a situation, you fell sharply behind your expected schedule with regard to saving. Option A

This is further explained below.

What are financial goals?

Generally, Targets for your savings, investments, or expenditures that you want to accomplish over a certain amount of time are examples of financial objectives. The phase of life you are now in will almost always influence the kinds of accomplishments you have your sights set on.

Personal financial goals are long-term objectives that you establish for yourself on how you will save and spend money in the future. It's up to you if these are things you want to do in the near future or later down the line. In any case, setting your objectives in advance will almost always make it simpler to achieve them.

In conclusion, In case you've fallen far behind your intended saving timeline, it's a good idea to reevaluate your financial objectives on a regular basis. Plan A