Which situation BEST describes saving for a long-term goal?
(1 point)
Osaving to start a business at retirement
Osaving to pay for household expenses
Osaving to go on vacation
Osaving to make a student loan payment
1 answer
Saving to start a business at retirement is the best situation that describes saving for a long-term goal, as it requires planning and saving over a lengthy period of time in order to achieve the goal of starting a business after retirement.