NextPrevious

Saving, Managing Debt, and Budgeting

Setting Your Investing Goals

How does creating specific investment goals help me achieve my overall goals?

When you have a specific goal in mind, the goal provides you needed direction, so that you may focus your attention and behaviors toward attaining this goal. A goal may help motivate you to make necessary changes so that you may attain it. Goal-setting forces you to take responsibility for your ultimate financial situation, and with this stronger feeling of ownership of your goal, you will feel successful when you achieve it.