4
Think about purchases you made over the last week and categorize them using the Spend | Save |
Share | Splurge model:
SPEND
SAVE
SHARE
SPLURGE
SETTING FINANCIAL GOALS
What does it mean to “pay yourself first”?
What are your goals for the income that you earn? As you set goals, think about what you want
and when you want it. Make sure your goals are realistic and attainable:
Be specific
— What do you want?
Set a deadline
— When do you want it?
SHORT TERM GOALS
(UP TO 2 YEARS)
TARGET DATE
SAVINGS PLAN
MEDIUM TERM GOALS
(3–5 YEARS)
TARGET DATE
SAVINGS PLAN
LONG TERM GOALS
(6 OR MORE YEARS)
TARGET DATE
SAVINGS PLAN
SAVINGS AND EXPENSES
