Question

Select the correct answer.
Which statement describes a measurable financial goal?
A.
Open a 401(k) account to save for retirement.
B. Save for college using a 529 savings plan.
C. Transfer $50 per month into a savings account.
D. Use Form 1040 to file income taxes.
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Answer 1

Answer:

C. transfer $50 per month into a savings account

Step-by-step explanation:

A measurable goal is one measured in a manner that tangible evidence can be presented to show how it was achieved.For example, You can prepare for a Math test on Friday by studying Math every evening and then meeting with your Tutor on Wednesday.

In option C, there is an amount $50 transferred every month in a saving account.

Amount can be presented for checking, there is an element of time/duration for tracking and the destination