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Ch. 8

Establishing your financial goals

Alexa Potter

on 29 April 2010

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Transcript of Ch. 8

Establishing Your Financial Goals important to your future Savings or investment goal starts with a specific measurable goal Emergency Fund- a savings account that you can access quickly to pay for unexpected expenses or emergencies goals should correspond with you values Outline Your Goals How do I want to spend my money? How much money do I need to satisfy my goals? How will I get the money? How long will it take to save the money? How much risk am I willing to take when I invest? What conditions in the economy or in my life could changemy investment goals? Are my goals reasonable, considering my circumstances or future circumstances? Am I willing to make sacrifices to save? What will happen if I do not meet my goals? If you want to end up as happy as this guy...
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