Page 20 - English Book.cdr

MODULE 2

Short Term Medium Term Long Term
Goal Goal Goal

Buy a new toy in Get a new tablet or
Buy sweets tomorrow
two months mobile in one year

Explain:

Short term goals are something that we can get in short me and requires less money to buy
for example some days.
Medium term goals are things more expensive and may require some months.
Long term goals are even more expensive and may require one year or more me to be
accomplished.

Ask the following series of ques ons to par cipants:

Please iden fy if the following examples are short, medium or long term goals:

1) One goal is to buy pastries for the party next week. [this is a short-term goal]

2) Another goal is to buy a new bicycle in three months. [this is a medium-term goal]

3) Finally, yet another goal is to buy a new computer in one year [this is a long-term goal]

Remember that to accomplish a goal requires discipline to be consistent with your goals. If you have a
financial goal, avoiding unnecessary expenses will help you to accomplish your goals faster.

13 www.cyflp.com.pk Child & Youth Financial Literacy Program