Short-term goals typically range from three months to three years. Examples include building an emergency fund, paying off credit card debt, and saving for a vacation.
Medium-Term Goals
Medium-term goals have a time horizon of three to ten years. Examples include saving for a down payment on a house, funding a child's education, or starting a business.
Long-Term Goals
Long-term goals have a time horizon of more than ten years. Examples include saving for retirement, paying off a mortgage, or
