<u>Short-term financial goals might include buying movie tickets.
</u>
Further Explanation:
Short-term financial goals: Short-term financial goals are the goals that a person or entity has to achieve in a definite period of time, and by spending a relatively smaller amount. Short-term financial goals of a person can be defined as day-to-day expenditures such as groceries shopping, fixing the furniture, payment of the mobile bill.
In the current case, the short-term financial goals might include buying a movie ticket because the purchase of a movie ticket can in a short period of time by spending a small amount.
Justification for the correct and incorrect options:
Spending less on gas: This is an incorrect option.
Spending less on gas is a continuous process until unless a person does not reduce the use of gas or finds other alternatives for gas.
Buying a movie ticket: This is the correct option.
Purchase of a movie ticket is a short-term financial goal as it can be achieved in a shorter time by spending a small amount of money.
Purchasing a new car: This is an incorrect option.
Purchasing a new car would require a study such as a requirement and preparation of the budget. The value of a car is an amount. So it will be considered as a long-term financial goal.
Saving up for a vacation: This is an incorrect option.
The duration and time of the vacation are not defined. Generally, the cost of saving is high, so it should be classified as a long-term financial goal.
Learn more:
1. Learn more about the objective of the budget
brainly.com/question/1226004
2. Learn more about the revenue and expenditure
brainly.com/question/1890422
3. Learn more about the large expenditures
brainly.com/question/7744644
Answer details:
Grade: High School
Subject: Financial Accounting
Chapter: Financial goals
Keywords: Short-term financial goals, long-term financial goals, spending, less on gas, buying, movie tickets, purchasing, a new car, saving up for, vacation, expenses, aim, objectives, might include.
