Short-term goals, such as saving for a vacation, typically span a few months to a couple of years. In contrast, long-term goals, like buying a house, often require a commitment of several years or ...

Short-term goals typically include building an emergency fund, paying down debt or buying a new car. Longer-term goals can range from contributing to a child’s college fund to saving for retirement.

Short-term and long-term goals are connected. There are often steps towards your future plans that you can start taking immediately. These are little checkpoints along a longer journey ...

A long slow grind, with minor bumps, but you eventually get to your retirement savings goal. That’s good investing. However, it’s not the only way to use your investing dollars.

Defining goals will help in having clarity on short-term and long-term needs and will enable in identifying the right asset classes. Photo: iStock I am 33 and wife and daughter (5) are dependant ...

There is a big difference between changing the action and changing the goal. When you constantly avoid pain, you constantly change your goals. You want to be a plan-of-action changer.

Salting away money for short-term needs requires a different strategy than investing for the long haul. In the short term, you will undoubtedly face unexpected expenses like that leaky roof ...

Guofang Huang, Ahmed Khwaja, K. Sudhir, Short-Run Needs and Long-Term Goals: A Dynamic Model of Thirst Management, Marketing Science, Vol. 34, No. 5 (September-October 2015), pp. 702-721 ...