This week, we’re talking about financial goals.
When putting your budget together, you should have come up with your financial goals. These goals are objectives or milestones that you want your money to cover at a specific time. Most financial goals fall into either short-term and long-term goals.
Short-term goals are your more immediate expenses. These are the things you’ll spend money on within a few months or years. Examples of short-term goals are:
Long-term goals are your big-picture costs. These goals may take several years or even decades to reach. Examples of long-term goals are:
Everyone usually has a combination of short- and long-term goals. Make sure your budget and goals are realistic and work with your usual expenses such as food.
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