Question

Which of the statements describes a medium-term financial goal

Answer 1

1st sentence: He already knew that he wanted to buy a house on his own at some point. He wanted to save enough money for this.

Step-by-step explanation:

I got it right on the test

Answer 2

The answer is Personal

Short-term goals - These are the goals you intend to accomplish in less than a year. For example: emergency booking, a small house renovation, a buffet birthday party, etc. Medium term goals - These are the goals you expect to achieve within one to five years.