You probably know that you should be investing and saving for the future, but it can be tough to get started.Financial goals can help you stay on track.
A financial goal is any time-bound plan to save and spend money. It can be short-term financial goals, long-term financial goals, and everything in between.
A short-term goal could be as simple as saving $1,000 in six months.A long-term goal could be something like planning for retirement. There are many reasons for having a financial goal.
Just telling yourself that you want to save money for a vacation or a new car is usually never good enough. It is best to write down financial goals and keep those goals in plain sight.