1.5 Budgeting to reach your goals

In this section:

Introduction

Someone thinks about how to plan savings for a vacation.

"I want to buy a bicycle to get to work." "I want to renovate the kitchen." "I want to retire by 60." We all have goals—small and large, short- and long-term. Reaching them takes planning and saving. Budgeting can help.

In this section you will learn:

  • how to identify short-, medium- and long-term financial goals
  • how to define your goals so they are achievable
  • how to use your budget to help you reach your goals.
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