Which is the best way to achieve long-term financial goals? a. spend less on mandatory expenses. b. eliminate short-term financial goals. c. increase discretionary expenditures. d. save more money from net income.

The correct answer is D: Save more money from net income. It is important to set financial goals. To do that you should have a working budget. A budget allows you to control your money and doing that you do not spend more money than you earn giving you the opportunity of saving money from your income. Although a budget may seem basic when you think about creating a financial plan, it could be the key to real financial success.