Sally wants to buy a home in five years and start saving for retirement as soon as possible. She should

1.) develop specific financial goals, estimate how much of her budget she can allocate to each goal, and start saving.

2.) save 10 percent of her paycheck each month.

3.) delay saving for retirement until she has enough saved to buy the house.

6 Wk 2 Ch. 4 Practice [due Sat] 1.1 What Is Personal Financial Planning? Sally wants to buy a home in ve years and start savingfor retirement as soon as possible. She should 0 develop specic nancial goals, estimate how much of her budget she can allocate to each goal, and start saving. O save 10 percent of her paycheck each month. 0 delay saving for retirement until she has enough saved to buy the house. 0 cut out all of her entertainment expenditures and put the money toward these long-term goals. Save for Later