how do long - term financial goals differ from short - term financial goals?\n○ long - term goals require…

how do long - term financial goals differ from short - term financial goals?\n○ long - term goals require more money than short - term goals.\n○ long - term goals are more stable over time than short - term goals.\n○ long - term goals are less attainable than short - term goals.\n○ long - term goals require less preparation than short - term goals.

how do long - term financial goals differ from short - term financial goals?\n○ long - term goals require more money than short - term goals.\n○ long - term goals are more stable over time than short - term goals.\n○ long - term goals are less attainable than short - term goals.\n○ long - term goals require less preparation than short - term goals.

Answer

Brief Explanations:

Long - term financial goals span a longer time horizon, making them more stable as they are less affected by short - term market fluctuations or changes in personal circumstances compared to short - term goals. They don't necessarily always require more money (e.g., long - term goal of saving for a small retirement home vs short - term goal of buying an expensive gadget), aren't always less attainable (just take longer), and usually require more preparation.

Answer:

Long - term goals are more stable over time than short - term goals.