Earnest money is normally held by the seller.

Generally, you can invest in higher-return assets for goals that are further out in the future

Indicate whether the statement is true or false.

For purposes of annual budgeting, it is better to

A) express goals very broadly to allow for flexibility. B) ignore goals altogether and focus instead on savings. C) express income goals concretely and expense goals broadly; this usually assures adequate savings. D) express all goals concretely, which then reduces all goals to yearly consumption and savings targets.