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Short Term And Long Term Personal Financial Planning Goals

854 words - 4 pages

The success of any project or goal requires good planning. The objectives that we set are for the short and/or the long term. In my case, I have short and long-term financial goals. All my short-term goals are already in the starting point, which means I already plan or started implemented the different steps to reach the final point or the expected outcome. On the other hand, for my long-term financial goals, I taught about them but I haven’t decided yet how I will process. Ever since I got here in the United States in 2009, I have been thinking about getting insurance coverage. For many reasons I have never had a chance to start a plan or initiate any type of work towards that goal.
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In order to reach these goals, I think working harder on getting my CPA license is the started point and to achieve these long term-goals. Certainly, I have made some simulation about if I get this type of job and getting pay this much this is the way I will process. Additionally, I already think about which neighborhood I would wish to buy my house. In the long run, I would wish to have the opportunity to travel every year to another country and having some type of relation with the world.
Financially, in a stand point of what regarding insurance I have a lot of work to do. One of my priorities after securing a job is to have good health coverage. When it comes to life insurance I still think about it; I haven’t decided yet if I will get one or not. Unexpected thing happens in life and I’m aware of what could happen if I don’t plan adequately. I think if I get hurt at work or anything else, the disability coverage through my employer may not be enough to maintain the same lifestyle. Also, in order to protect a portion of my income and be able to provide financial protection to myself, if ever something happens, as soon as I will start having a steady stream of...

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