
How to Set Up Money Management Systems for Short-Term & Long-Term Goals
The Money with Katie Show
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Long and Short Term Goals
Think of short term savings as anything within the next 18 to 24 months, so two years out. Long term is a much larger bucket, both in the breadth of the years that it covers and the size of that pot of money. Now, before we go any farther, i want to help you visualize how you can think of these long and short term goals. Can i get some guitars? Some pia? Yes. All rightyouknow, thisis kind of sounding like the last song in a rom com. Think all we're missing is some leg wewew. So how shall we do this? Oh, ok, i got it. Can i gets a bas line? Yes
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