I started to include this a previous post, Making Better Financial Choices, but it made it way too dense. Today we’re going to be looking at how to develop strong financial goals.
Types of Goals
There are typically 3 groups of goals: Short-term, Mid-term, and Long-term. I break them like this:
Short-term goals can be completed in less than 2 years.
Mid-term goals will take somewhere between 2 & 4 years to complete.
Long-term goals will take 4 or more years to complete.