Understanding Financial Goals
This worksheet helps 6th-grade students understand what financial goals are, how to set them, and the difference between short-term and long-term goals.
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Understanding Financial Goals
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Read each question carefully and answer to the best of your ability. This worksheet will help you learn about setting and achieving financial goals.
1. A financial goal is a specific target you want to reach with your .
2. Saving money for a new video game console is an example of a -term financial goal.
3. Saving for college tuition is an example of a -term financial goal.
4. To achieve a financial goal, it's important to create a and stick to it.
1. Which of the following is the BEST example of a financial goal?
Playing video games every day.
Saving money to buy a new bicycle.
Eating healthy foods.
Getting good grades in school.
1. All financial goals take a long time to achieve.
True
False
1. Name one short-term financial goal and one long-term financial goal you might have.
Match the type of goal with its description.
1. Short-term goal
a. Takes more than a year to achieve.
2. Long-term goal
b. Can be achieved in less than a year.
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