Financial goals describe the desired of your financial planning activities. Most financial advisors recommend developing goals with three broad categories of completion dates:

Long$-$term goals, which identify wants and needs that are expected to be realized $6-40$ years grad from now

Short$-$term goals, which address more immediate needs and wants, such as those occurring within the next ${12}_{?}$ months

Interactive$-$term goals, which identify wants and needs that occur between the other two categories

Your financial goals and aspirations can be differentiated according to several criteria, including their target completion dates, potential effectiveness, importance, and estimated cost, among others.

Identify whether each goal$-$writing practice will make the goal more or less effective.

$\backslash$table$[[$Goal$-$Writing Practice,$\backslash$table$[[$Less$],[$Effective$]]],[$Zane$\text{'}$s goals include target completion dates and are prioritized according to their perceived importance.,$],[$Sandra$\text{'}$s desired financial outcomes are not expressed in monetary terms and are not prioritized.,$],[\backslash$table$[[$Matthew recognizes that goals, particularly long$-$term goals, may have to be revised to accommodate changes$],[$in desires and life circumstances.$]],],[$Victoria$\text{'}$s financial goals are not consistent with her wants, needs, and financial resources.,$]]$