Financial Literacy Month

 

The first step to achieving financial success is setting a goal that's within your reach. Some debt may take years to pay off, and saving for a big ticket item may take longer than you would like.

 

Set some short-term goals for yourself, such as saving $X per month to build an emergency fund. If you save $50 per week, you could have $600 saved in the next 3 months!

 

Break down your long-term goals into separate short-term goals. For example, a goal of buying a house within the next year seems intimidating, but is easier when you break it down to saving $X per month and improving your credit score at the same time.

 

What short-term and long-term goals have you set?