So, I was discussing about the financial planning and the first thing to have a good finance plan is to have good, long term goals.

Here I have mentioned some of the financial goals that you can consider as few examples or you can include in your financial goals if needed.

So, have a goal before you save or spend. Keep in mind that, these goals should be long term. so that you can have better plan and easy to execute.

Why having a goal is important?

Suppose you need to go for a vacation. What will be your first thought? Is it how much expense? What should be the mode of travel? I hope these questions are secondary, first would be Where to go, so this is your destination and based on this destination you will plan mode of travel, budget etc.

I hope the above example might gave you answer. So, a goal or destination is important and based on this goal only you can plan and execute. So that you will be motivated always and we can plan accordingly.

Let me conclude this writing, so having a goal is important for good planning and execution! Once you got your goals then we can work for finance planning!