Setting Sail for Success: Charting Your Course with Medium-Term Financial Goals

It’s no secret that financial goals can be daunting. Having grand ambitions, such as paying off your mortgage or retiring early is admirable. But, at the same time, some of these goals can sometimes feel distant and overwhelming.

Imagine there was a bridge that connected the excitement of a quick win with the distant shores of a long-term goal. Well, fortunately, there is.

A medium-term financial goal is something you want to accomplish in one to five years, such as saving for college, purchasing a car, or starting a business. As a result of these goals, you are usually exposed to moderate risk, which means that your income, expenses, or returns

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

10 Lessons I Learned From Failing My First Acquisition

Opinions expressed by Entrepreneur contributors are their own. Entrepreneurship Through Acquisition (ETA) is quickly becoming a household term among aspiring entrepreneurs who...

Embrace Your Fears — How Top Entrepreneurs Use Doubt to Drive Growth

Opinions expressed by Entrepreneur contributors are their own. Taking big leaps toward growth as an entrepreneur can bring on a lot of...

Add the Refreshingly Bold Fabuloso Cologne to Your Collection for Just $48

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may...