If you want to get started on planning for your financial goals, here’s a list that you can begin with. The list is sorted out in terms of various time frames.
|Short Term Financial Goals||Medium Term Financial Goals||Long Term Financial Goals|
|Making a contingency fund or emergency fund for family.||Retiring a loan or debt.||Building retirement corpus. (both, expenses and medical included)|
|Saving for school admission of kids.||Planning for a foreign trip or a vacation.||Saving for providing inheritance.|
|Saving for a purchase in near term like a domestic appliance or for treatment of a recently diagnosed ailment.||Saving for college or pre college expenses for your kid.||Saving for daughter’s marriage etc.|
|Saving for life insurance premiums.||Saving for starting a family in coming years.||Planning a home for post-retirement life or a farm house.|
|Investments for tax planning. (actually it’s a mean but people think it’s a goal)||Planning for a new or change of vehicle.|
|Saving for home/property investment.|