Money & Career: Roadmap to Saving and Investing: Define Your Goals

To end up where you want to be, you�ll need a roadmap, a financial plan. To get started on your plan, you�ll need to ask yourself what are the things you want to save and invest for. Here are some possibilities:

• A home
• A car
• An education
• A comfortable retirement
• Your children
• Medical or other emergencies
• Periods of unemployment
• Caring for parents

Make your own list and then think about which goals are the most important to you. List your most important goals first.
Decide how many years you have to meet each specific goal, because when you save or invest you�ll need to find a savings or investment option that fits your time frame for meeting each goal. To save more, you'll need to figure out your current finances and where you can achieve real savings.
See also:
Roadmap to Saving and Investing: Saving
Roadmap to Saving and Investing: Investing
Roadmap to Saving and Investing: Diversification