IDNLearn.com provides a collaborative environment for finding and sharing knowledge. Discover the information you need from our experienced professionals who provide accurate and reliable answers to all your questions.

Why are short term and long term goals important when it comes to money? Give an example of each

Sagot :

Answer:

bc will need for emergency in short time and long time for collage

Explanation:

Answer:

The precision of planned statistics that relate to future activities is a benefit of short-term planning. Long-term planning may be less trustworthy due to the inaccuracy of longer-term projections.

Long-Term Financial Objectives For most people, the most important long-term financial objective is to save enough money to live comfortably.

Virtually all organizations, from small startups to huge established firms, require short-term money management. Even huge corporations with seemingly strong financial accounts have declared bankruptcy because they were unable to pay their existing obligations.

Explanation: