SETTING FINANCIAL GOALS
India Today|July 25, 2022
Listing all that one aims for with how much to save and invest every month towards each target makes it easy to track the progress
Narayan Krishnamurthy
SETTING FINANCIAL GOALS

We are all unique and so are our financial goals. One should not confuse the similar desires that many of us may have owning a house, buying a car, saving for children's education and more-with having the same financial goals. As none of us have the same bills, rent, debts or lifestyle, we need a plan that will address our specific circumstances and not that of our neighbour's. Aiming for a financial goal involves saving and investing money to realise that goal.

Step 1: List your financial goals and categorise them based on a timeline as short-, medium- or long-term.

Step 2: Put in the target sum you need for each goal and the number of years you have to achieve them.

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