Kaylee will save her allowance of $25 per month to purchase a $150 mp3 player in six months. What type of goal does this represent?

This situation illustrates a short-term goal because Kaylee plans to save for the mp3 player within a six-month period. Short-term goals are typically defined as objectives that can be achieved in a relatively brief timeframe, often within a year. In Kaylee's case, her monthly savings of $25 towards a total of $150 means she has a clear plan to achieve her goal in a matter of months.

A long-term goal, in contrast, typically spans over a year or more, such as saving for college or a house. While this saving plan is also a financial goal, the term specifically refers to the duration of the goal, making "short-term goal" the most precise classification in this context. Career goals are focused on professional aspirations or advancements, which is not relevant to Kaylee's saving plan for the mp3 player. Therefore, her saving strategy aligns perfectly with the definition of a short-term goal.