In order to have a short term financial plan, I find it is easier for me to begin with the big picture. What do I want my finances to look like in 10 years…in 15 or 20 years? This makes it easier for me to cut back to real life and plan for tomorrow.
Long Term Goals:
-Pay off House by 2020
-Have enough in 401ks and IRAs to retire without changing lifestyle (more on retirement later)
– Do not borrow money. Period. For any reason.
I know there are more goals in my mind and I will keep adding to the list, but for now, that is a lot for me to swallow.