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.
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