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Writer's pictureJoseph Duran

Want Success? Get Some Goals!



What are some examples of personal finance goals?


Immediate:

  • Establish a budget and put it to use

  • Increase your retirement savings by $100 per month

  • Save $1,000 for emergencies

  • Open a college savings account for your child(ren)


Short-Term:

  • Save up a down payment for a house

  • Pay off remaining student loan debt

  • Increase your retirement savings by $200 each month

  • Save six-to-12 months’ worth of expenses for emergencies


Long-Term:

  • Pay off a mortgage

  • Get retirement ready

  • Have an emergency fund that could cover a year of expenses

  • Have a plan for long term care


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