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1.03 Vocabulary
Setting Goals
| Term | Definition |
|---|---|
| Goal | the end result of something a person intends to acquire, achieve, do, reach, or accomplish sometime in the near future. |
| Financial Planning | managing money continuously through life in order to reach financial goals |
| Financial Goal | specific objectives that are accomplished through financial planning |
| Short-term Goal | can be achieved in less than a year |
| Long-term Goal | can be achieved in over a year |