Which option is the best example of a short-term savings goal?A.Paying for graduate schoolB.Buying a new carC.Buying a video game consoleD.Starting your own businessSUBMITarrow_backPREVIOUS

Which action is an example of a short-term savings goal?A.Saving to buy a houseB.Saving to buy a new carC.Saving for a new smartphoneD.Saving for collegeSUBMITarrow_backPREVIOUS

You are developing a savings plan and using short-, medium-, and long-term goals to motivate you. Which represents possible goals from short-term to long-term? Save for…*1 pointRetirement, a house down payment, college tuitionA new cell phone, college tuition, a house down paymentA new cell phone, dinner with friends this weekend, a new bikeRetirement, college tuition, a vacation

A short-term savings strategy is most useful for people who want to:A.avoid putting their money into banks or credit unions.B.withdraw their savings to pay for unexpected expenses.C.increase the value of their investments as much as possible.D.create a household budget that uses all of their monthly income.

One example of a short-term savings strategy is:A.an employer-sponsored 401(k) plan.B.a high-risk stock market investment.C.a free checking account.D.a low-interest bank account.

Long-term savings strategies include:A.opening up a low-interest savings account.B.investing money in a 401(k) plan.C.setting aside money for an emergency.D.making a household budget each month