December 4, 2019
023 – How to Balance Short-Term vs Long-Term Goals
- Understand the purpose of what you’re saving for
- Know your short to medium term goals
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- Emergency Fund
- Home purchase fund
- Other goals? Travel, new car, etc…
- Start with the short-term goals. Can you save enough to these goals and still save enough for your retirement needs? If so great. If not then something needs to give.
- General guidelines:
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- If you have a 401k match, take it.
- Make sure you have an emergency fund
LET’S CONNECT!
James
Scott
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