Personal Finance 1 Worksheet 1

Personal Finance 1 Worksheet 1 - you can live at your...

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W1 GOAL PRIORITY LEVEL (1, 2, 3, . ..) DESIRED ACHIEVEMENT DATE Accumulate emergency funds equal to 3 months' living expenses 2 7/1/11 Pay off outstanding bills 0 monthly Pay off outstanding credit cards 0 monthly Purchase adequate property, health, disability, and liability insurance 0 X Purchase a major item 0 12/1/11 Finance a vacation or some other entertainment item 1 6/1/11 Other short-term goals (specify) 3 (New phone) 6/1/11 Save funds for college for an older child 0 5 years Save for a major home improvement 0 4 years Save for a down payment on a house 1 3 years Pay off outstanding major debt 0 no debt Finance very large items (weddings 0 1 year Purchase a vacation home or time-share unit 3 (Boat) 6 years Finance a major vacation (overseas) 2 2 years Other intermediate-term goals (specify) Save funds for college for a young child 1 18 years Purchase a second home for retirement 2 35 years Create a retirement fund large enough to supplement your pension so that
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Unformatted text preview: you can live at your current standard 3 40 years Take care of your parents after they retire 20 years Start your own business 25 years Other long-term goals (specify) Short-Term Goals (less than 1 year) PERSONAL FINANCIAL GOALS WORKSHEET Long-Term Goals (greater than 10 years) Make sure your goals are realistic and stated in specific, measurable terms. In addition, prioritize your goals and identif within which you would like to accomplish them. The listing below is not meant to be all-inclusive, but merely to provide a goals can be formalized. Intermediate-Term Goals (1 to 10 years) ANTICIPATED COST $5,000 $3,000 $1,000 $1,500 $5,000 $2,000 $200 $250,000 $15,000 $45,000 $0 $10,000 $15,000 $4,000 $150,000 $300,000 $1,500,000 $500,000 $1,000,000 ify a specific time frame a framework within which...
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Personal Finance 1 Worksheet 1 - you can live at your...

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