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12 February, 15:58

Saving $3,000 for a large, flat-screen TV within the next 3 years is an example of a short-term goal. True or false?

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  1. 12 February, 16:03
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    False

    Explanation:

    As for an individual, short term goal period does not exceed a time span of maximum 6 months.

    More than that will always be considered as long term goal.

    Buying a flat screen TV is short term but collecting money for that in term of 3 years is always long term as the period is more than 6 months.

    Therefore, the above statement is false.
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