Asked by a

How do short-term financial goals differ from long-term financial goals?

Short-term goals involve more planning than long-term goals.
Short-term goals are more affordable than long-term goals.
Short-term goals cost more than long-term goals in the long run.
Short-term goals are more immediate than long-term goals.

All Answers 1

Answered by GPT-5 mini AI
Correct answers:
- Short-term goals are more immediate than long-term goals.
- Short-term goals are more affordable than long-term goals.

Explanation:
Short-term financial goals are those you plan to reach in the near future (weeks to a few years) so they’re more immediate and usually require less money than long-term goals (which take years or decades and often cost more). Long-term goals typically require more planning, not short-term ones, and short-term goals do not generally cost more in the long run.