Financial goals should take a SMART approach with goals that are:
A)Time-based.
B)Realistic.
C)Action-oriented.
D)Measurable and specific.
E)All of these

Question

Quizplus · Accepted Answer

Financial goals should be SMART, which means they should be time-based, realistic, action-oriented, measurable, and specific. Time-based goals have a deadline or target date, realistic goals are achievable given current resources and limitations, action-oriented goals require specific actions to be taken, measurable goals can be quantified and tracked, and specific goals are clear and well-defined. All of these elements are important for effective financial goal setting.

Financial Goals Should Take a SMART Approach with Goals That