Saving to Meet My Needs and Goals

While it may seem far away, it's never too early to start planning and saving for your future beyond school. Planning for the future is like embarking on a financial journey. Like any trip, it's good to have a road map, which in this case is your financial plan.

To get started, list some long term goals for which you need to start saving in order of importance. Next to each item, list how many months or years you have to save money for it.

Does your list include any of the following?

Keep in mind that having the knowledge to secure your financial well-being is one of the most important skills you will need in life. You don’t have to be a genius to be financially successful—you just need to understand the basics, especially how to create a plan and follow it. Also, no matter how much or how little money you have, you need to know how to save and invest your money or you'll have no way to reach your financial goals. No one is born knowing how to save—every successful investor starts with the basics.

Saving and Investing to Meet Your Goals

This interactivity will help you to determine your short, medium, and long term savings and investing goals. Click the player button to begin.

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Savings and Investing Fundamentals

Now that you're committed to saving and investing your money, where do you start? Understanding how saving and investing differ is an important beginning. Also, it's crucial that you understand risk and how it helps determine your financial strategies. Click the player button to begin.

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