G i v e   a   r e a s o n s   f o r   t h e   c h a n g e s   i n   a c h i e v i n g   s h o r t   t e r m   a n d   l o n g   t e r m   g o a l s   a n d   h o w   y o u ' l l   n e e d   t o   a d a p t   o r   a c h i e v e   y o u r   f i n a n c i a l   p l a n s   a s   a   r e s u l t . S h o r t   a n d   l o n g   t e r m   f i n a n c i a l   g o a l s   a r e : S t a r t i n g   a   e m e r g e n c y   f u n d  R e d u c e   u n n e c e s s r y   e x p e n s e s  S t a r t   i n v e s t i n g  B u y i n g   c a r / h o u s e S a v i n g   f o r   f a m i l y   t r i p  B u y i n g   j e w e l r i e s S t a r t   r e t i r e m e n t   p l a n

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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G i v e   a   r e a s o n s   f o r   t h e   c h a n g e s   i n   a c h i e v i n g   s h o r t   t e r m   a n d   l o n g   t e r m   g o a l s   a n d   h o w   y o u ' l l   n e e d   t o   a d a p t   o r   a c h i e v e   y o u r   f i n a n c i a l   p l a n s   a s   a   r e s u l t .

S h o r t   a n d   l o n g   t e r m   f i n a n c i a l   g o a l s   a r e :

  1. S t a r t i n g   a   e m e r g e n c y   f u n d 
  2. R e d u c e   u n n e c e s s r y   e x p e n s e s 
  3. S t a r t   i n v e s t i n g 
  4. B u y i n g   c a r / h o u s e
  5. S a v i n g   f o r   f a m i l y   t r i p 
  6. B u y i n g   j e w e l r i e s
  7. S t a r t   r e t i r e m e n t   p l a n 
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