What is your financial goal answer?
Financial goals can be short-, medium- or long-term. These goals can help you succeed in your personal and professional life and save for retirement. Examples of financial goals include creating an emergency savings account, building a retirement fund, paying off debt and finding a higher-paying job.
What is a good example of financial goal setting in detail?
Pay Off Debt
Paying off debts is one of the most common financial goals. No one feels comfortable knowing that they owe large sums of money. And because the amount you owe is already a specific number, paying off debt can easily be translated into a financial goal.
Which of the following is the highest goal of finance?
The goal of financial management is to maximize shareholder wealth. For public companies this is the stock price, and for private companies this is the market value of the owners' equity.
How do you write financial goals?
Write down specific details about each goal, such as the timeline, the amount of money you'll need and how much you've already saved. This will help you understand what it will take to achieve each goal and build a plan.