Financial goals are how you prioritize and balance what’s competing for your two most limited resources: time and money. You spend one to save on the other.

Financial goals can be almost anything whether it’s retiring early, buying a home, sending a child to college, taking a trip to Spain, supporting charitable causes, renovating the bathroom, a down-payment on your first home, or even an annual budget for shoes or video games, you name it!—your goals are the framework that guide your financial plan and your financial life.

“Financial goals are how you allocate your most precious resources: time and money.”