ENTREPRENEURSHIP

Detailed explanation-1: -Financial goals should be set before personal goals, because your personal goals will be dependent on them. A financial planner who profits from the investments a client chooses is more likely to recommend investment products that best meet the needs of the client.

Detailed explanation-2: -Financial goals can be short-, medium-or long-term. These goals can help you succeed in your personal and professional life and save for retirement. Examples of financial goals include creating an emergency savings account, building a retirement fund, paying off debt and finding a higher-paying job.

Detailed explanation-3: -A financial goal is any plan you have for your money. You can have short-term financial goals (like saving up $1, 000) or long-term financial goals (like investing for retirement). You should set goals for every area of your life, but having specific financial goals helps you literally put your money where your goal is.

Detailed explanation-4: -List and prioritize your financial goals. Take care of the financial basics. Connect each financial goal to a deeper motivation. Make a financial plan to reach your financial goals. Revisit your financial goals regularly.