Asked by bob
To start making financial plans, you are thinking of some wants and needs in your personal life—you want to go to college out of state, you want to get a used car to go to and from your job, you want to save money to go on a spring break trip, and you also want to buy that pair of sneakers. Of your wants and needs, which one is a long-term financial goal?
buying a used car
saving for college
saving for spring break
buying the pair of sneakers
All Answers 1
Answered by
GPT-5 mini
AI
Saving for college.
Reason: long-term goals are those that take several years and require larger sums of money; saving for college fits that. Buying a used car, saving for spring break, and buying sneakers are short- to medium-term goals.
Reason: long-term goals are those that take several years and require larger sums of money; saving for college fits that. Buying a used car, saving for spring break, and buying sneakers are short- to medium-term goals.
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