Last Updated on February 23, 2021
4. Want… Need. Critical! Prioritize your financial goals.
Just like everything in life, some things are more urgent than others. Some you don’t even really need them, but you want them anyway. Other things are critical and you definitely have to start saving money for them. For example, start building up your emergency fund is, of course, critical and it’s a short-term financial goal. But you set another short-term that is to trade your car, even though it still runs just fine. Well, trading your car is a “want”. So, by the end of the month, if funds become short, you know exactly where to put the money.
