Which of the following best describes a realistic goal?

Study for the WebXam Financial Test. Leverage flashcards and multiple-choice questions, each featuring hints and explanations. Prepare thoroughly for your exam success!

A realistic goal is defined as one that is achievable and considers the necessary trade-offs involved in reaching it. This option highlights the importance of setting goals that are not only aspirational but also grounded in what is feasible given the individual's circumstances, resources, and constraints. When setting a realistic goal, individuals are encouraged to evaluate what sacrifices or adjustments they may need to make in order to reach their objectives. This strategic approach ensures that the goal can be pursued effectively without setting oneself up for failure through unrealistic expectations or lack of planning.

In contrast, the other options describe goals that lack practicality or proper evaluation of circumstances, thus reinforcing why those do not qualify as realistic. An overly ambitious goal may lead to disappointment due to its unattainable nature, while a goal that ignores consequences lacks a crucial element of foresight needed for planning. Additionally, a goal without measurable outcomes makes it difficult to assess progress, thereby reducing motivation and clarity in pursuing the objective.

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