Anong age mo gustong mag-retire?
How much ang gusto mong maipon by the age of 50?
Ano ang dream vacation mo?
Saan mo gustong mag-invest?
Anong pinag-iipunan mo?
Saan mag-aaral ang mga anak mo?
Regardless of what life stage you are in, you are likely to have some short and long-term personal financial goals. Setting clear and realistic goals and following them is the key to success in achieving them.
Pero ano nga ba ang financial goals?
Pang-mayaman lang ba ‘yun or para lang sa mga malaki ang sinasahod?
Financial goals are targets, usually driven by specific future financial needs.
Some financial goals you might set as an individual include saving for a comfortable retirement, saving to send your children to college, or managing your finances to enable a home purchase and more.
Maliit o malaki man ang kinikita natin, it is very important for us to have a goal, so we would know where we are going.
When defining our financial goal, ito ang mahalaga.
IT SHOULD BE ACHIEVABLE, SPECIFIC, AND REALISTIC.
We should set goals that are specific and measurable. Instead of saying you want to have enough money to retire comfortably, think about how much money you’ll need. Your specific goal may even be to save P1 million by the time you’re 50.
Our goals should be based on our current financial situation.
Hindi ito dapat suntok sa buwan o wishful thinking lang.
Dapat makatotohanan. Isipin kung how much ang maari mong itabi buwan-buwan para ma-achieve ang goal na ito.
Based on how much you can afford to save, you have to decide which goals are most important to you.
You can also try asking yourself these questions to help you determine your goals:
- Kailan mo gustong ma-achieve ang financial goal mo?
- How much money will it take to reach each goal?
- How much ang kailangan mong maipon para makamit ang bawat goal?
- What choices will help you enjoy a better quality of life today? In the future?
Identifying goals and a plan to support them can bring us assurance of a sound financial future. ‘Ika nga: If we fail to plan, we plan to fail. Without clearly identified goals and a supportive plan, there’s the tendency to mismanage our money with fruitless spending – leading to the potential for financial trouble.
For us to enjoy our future, we should start determining our financial goals.
THINK. REFLECT. APPLY.
Do you have a financial goal?
Is it achievable, specific, and realistic?