Financial Literacy Workbook

Page 11

AREYOU

?

CREDITWISE

*

ACTIVITY 2: Goal Setting Worksheet—Long-term goals

It’s a little harder to do with long-term goals because there’s no time limit. However, you can set up an open-ended plan to achieve your goals:

GOAL

Pay off my school loans within 5 years

COST

$20, 000

AMOUNT TARGET NEEDED TO LENGTH OF SAVE EACH TIME MONTH

5 years

$333 (5 years=60 months)

WAYS YOU’LL SAVE (Increasing Income or Decreasing Expenses)

Live in a cheaper neighborhood to make up the difference in rent

P.9


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