Question

In this section, you’ll consider how to set a financial goal and the reasons for doing so.

You're doing well in your courses and spend most of your free time at home with your family or playing basketball with your friends, Elena, Usain, and Brianna.

You babysit for your neighbors to earn your own money. You feel good about it, and you’ve been thinking about how to manage your money and set financial goals for yourself.

Which of these is an example of a good short-term financial goal you could set?
Question 1 options:

Join a basketball team


Get an associate's degree


Find a part-time job

Answer 1

Find a part-time job.

Reason: it’s a specific, achievable short-term goal that helps you earn money. Getting an associate’s degree is long-term, and joining a basketball team isn’t primarily a financial goal.