🎯 Goal: Tell apart short-term and long-term financial goals.
You tell apart short-term goals (weeks/months) and long-term (months/years). Having both gives near joy and a path to big things.
Let’s explore
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Short-term: reached in weeks/months — e.g., buy a book.
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Long-term: needs many months/years — e.g., a bike, a laptop.
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Having both gives you near-term joy and a path to bigger things.
Practice activity
✏️ Write one short-term and one long-term goal of yours.
Worked example: You write: “Short-term: buy an 80,000d novel in 3 weeks. Long-term: buy a 1,500,000d bike in 1 year.” Note the amount and time for each.
Quick quiz
1. A short-term goal is?
→ Reached in weeks/months
2. Buying an expensive bike is usually a?
→ Long-term goal
3. Why have both kinds?
→ Near joy plus bigger aims
4. Saving for a book in 2 weeks is a?
→ Short-term goal
5. A university fund is a?
→ Long-term goal
🎯 Real-life mission
Write one short-term and one long-term savings goal.