How to Set Up Money Management Systems for Short-Term & Long-Term Goals
The Money with Katie Show
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Saving for the Short Term
Big expenses that take years to save for and aren't going to be funded from 200 to 300 dollars per month in automatic transfers. These are things that will take more than a year or two to save for, but are happening much sooner than something like retirement. So i would keep that in mind and kind of pay attention to that as you'r setting up these accounts. If you have zero dollars to your name and you are planning to throw yourself in my super sweet 16 style, 80 thousand dollar wedding next year, unless you are raking in a shiton of cash, that's going to be hard. Those are some examples of relatively short term saving. Schools that may warrant their own
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