which action is an example of a short - term savings goal? a. saving to buy a house b. saving for a new…

which action is an example of a short - term savings goal? a. saving to buy a house b. saving for a new smartphone c. saving for college d. saving to buy a new car

which action is an example of a short - term savings goal? a. saving to buy a house b. saving for a new smartphone c. saving for college d. saving to buy a new car

Answer

Brief Explanations:

Short - term savings goals are typically achieved within a year or less. Buying a house, saving for college, and buying a new car are usually long - term goals due to the high cost and time required. Saving for a new smartphone is more affordable and can be achieved in a shorter time frame.

Answer:

B. Saving for a new smartphone