Francesca is making a list of her long-term goals. What advice will you give her?

It is best to .

Assign a time frame to your long term goals

Explanation:

When Making your long term goals it is important to assign a time frame to your long term goal. Assigning time frame to your long term goals will help you in determining your short term goals that your need to reach in order to achieve your long term goals and it would be easier to check your progress from time to time.

The trick is, if you set your long term goals with appropriate time frame you will be able to determine short term goals that you need to achieve in order to achieve you long term goals. This will allow you to measure your progress towards achieving your long term goals by checking the progress you are making on your short term goals.

Let us assume my Long term goal is to buy my self a house costing $720 000 in 5 years from now, i will now determine what my short term goals should be in order to reach this long term goal. I will need to make $144000 a year and $12000 monthly. The monthly target and yearly target are short term goals that will help me reach my ultimate goal of owning a house costing $720 000, if i do not achieve these short term goals it means i am not making any progress towards achieving my long term goals

[ACCORDING TO PLATO]

Make them time bound

answer; buying the bill at a discount from the face value to be received at maturity;