Financial Planning: SMART Goals Quiz
Do you know what makes a SMART goal? Use your knowledge to identify and advise on the cases below.
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Question 1 of 5
1. Question
Fatima decides to save her monthly income to buy a car in the next 18 months.
How can she be more specific with her goal? Select one answer only.
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Question 2 of 5
2. Question
How can Ahmed NOT make his goals more measurable? Select one answer only.
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Question 3 of 5
3. Question
Mariam and Salem plan to save for next year’s vacation, how can they make sure their goal is achievable?
Select 2 answers
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Question 4 of 5
4. Question
Badriah wants to save an emergency fund to cover 6 months’ expenses.
How can she make her goal more time-oriented? Select one answer only.
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Question 5 of 5
5. Question
Marwan wants to set a goal for a new sports car. Although it is not something his family needs, he really wants it.
He knows exactly the car he wants and has set a goal with clear timelines that takes an affordable amount from his savings every month. He checked his budget and will adjust his income to make the savings.
What might be an issue with Marwan’s goal? Select one answer only
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