Tools and Calculators
Setting Financial Goals
The first step in turning your dreams into reality.
A new computer. College tuition. A renovated kitchen. Whatever the dream is, achieving it starts with setting financial goals. Step one is having a clear idea of what it is you want. Step two is figuring out how to pay for it. Fill out the charts below and you may be pleasantly surprised. Things that once seemed out of reach may now be possible.
Your financial goals should be:
- Put down in writing
- Precise, practical, and positive
- A family affair with input from children
- Achievable, believable and conceivable
- Reviewed every six to eight months
- Adjusted as necessary
Print this page and keep it with your financial materials for help in sticking to a regular savings plan.
SHORT-TERM GOALS (Less than a year)
|
Goal |
Date Needed |
Cost Estimate |
Amount Already Saved |
How to Achieve |
MID-RANGE GOALS (Within 1 to 3 Years)
|
Goal |
Date Needed |
Cost Estimate |
Amount Already Saved |
How to Achieve |
LONG-RANGE GOALS (Within 3 to 5 Years)
|
Goal |
Date Needed |
Cost Estimate |
Amount Already Saved |
How to Achieve |
