Last Updated on February 23, 2021
3. Every financial goal needs to have a target date.
Like I said before, when it comes for financial goals you need to use a time measurement. Having specific times will help you during the process of saving money. For example, if you have a 10 years old child, you know that in 9 years he will go to university and you need to have money to pay university fees. If you want to celebrate your 20th wedding anniversary with a trip around Europe, you know exactly when it will happen and the money you have to save for it. As soon as you define a timeframe for your life and financial goals, you’re one step closer to make them come true when the time comes.
