What Are The Short Term And Long Term Goals

The first concept that will be covered is the category of setting goals. With concern to this concept there are two different types of goals that can be used as a means of assisting the individual in accomplishing their financial goals, as well as other goals, in their life. The two separate types of goals include; short term and long term goals. Short term goals are defined as goals that can be accomplished in the near future. Short term goals are goals that an individual wants to achieve either; this week, this month, and in some instances over the next few months. Whereas, long term goals are defined as goals that can be accomplished over a much longer period of time. Long term goals are ones that an individual wants to achieve either; in the next year, five years from now, or even ten years or more in the long term future. With concern to both short and long term goals, it is important that the individual actually sit down and make out a list of both their short term goals for their personal life. Their list needs to additionally include; each of their goals, the steps in which they are going to use to achieve their goals, and actually dates that they plan on achieving their goals in their life. The concept of setting both short and long term goals that is important for two key reasons; the first reason is that it

There are two different ways in which money can be invested. The first way that money can be invested is through stocks. Stocks are defined as a mean by which money can be invested. The two different types of stocks are; common, and preferred. This type of investing involves the individual actually putting money toward a company that they want to invest in, some of these include companies like; Wal-Mart, among many others. The other way that money can be invested is through bonds. There are many different types of bonds that can be invested in today. Some of these include; personal bonds, as well as many