Financial Goals Worksheet
Financial Goals Worksheet
1. What are the time frames (or the time it will take to achieve them) for short-term, intermediate and long-term goals?
Short-term –
Intermediate –
Long-term –
2. Define the terms service and good.
Service - ________________________________________________________________
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Good - _________________________________________________________________
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How are they similar and different?___________________________________________
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3. Look back in your notebook at the financial goals you set at the beginning of the section. For each goal, write down what it was and whether the goal was consumable, durable, or intangible.
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4. Now that you understand goals and Opportunity Costs, briefly explain what types of Opportunity Costs their might be in reaching/choosing your Financial Goals. (Remember, Opportunity Cost is what is given up when you make a decision. For example if I chose to miss another day of school for my family, I miss out on being here to teach you and spend time getting to know you.)
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