Question

saving money as a plan to buy a house in 10 to 20 years is an example of what type of goal?

short - term

medium - term

long - term

rainy day

Explanation:

Short - term goals are usually achieved in less than a year. Medium - term goals are typically achieved in 1 - 5 years. Long - term goals are those that take 5 or more years to achieve. Saving for a house in 10 - 20 years fits the definition of a long - term goal as it has a time horizon of more than 5 years. "Rainy day" goals are for unexpected expenses and not related to this time - based classification.

Answer:

C. long - term