After taking this course, you have decided that a year after graduating you would like to have an emergency fund in place. By age 25, you would like to have enough money saved to buy a new car. Which stage of creating a financial plan does this represent?

Question

Quizplus · Accepted Answer

Setting goals is the stage where you identify and prioritize your financial goals. In this scenario, the goal of having an emergency fund and saving for a new car by a certain age is being set.

After Taking This Course, You Have Decided That a Year