A. My goal:______________________________________
(Example: Go on a round-the-world trip)
B. When do I want this to happen? _______years__________months
(Example: In 2 years)
C. How much do I think it will cost? $ ______
(Example: $10,000, variable budget)
What will I need to have in place in order to achieve this goal?
A. My finances: ______________________________________
(Example: I need to have saved $10,000 and have all my credit cards paid off and set up a line of credit
for emergency funds.)
B. My Work:____________________________________________
(Example: I need to arrange for a leave of absence closer to the time.)
C. Family:____________________________________________
(Example: My spouse will also need to prepare for the trip.)
C. Other: ____________________________________________
(Example: I need to plan out the itinerary and create a comprehensive "to-do" list)
Using Your Savings Tool, I can see that I will need to save $_____ a month in order to achieve this goal.
A.(Example: I need to open a TFSA (Tax-Free Savings Account) with a safe investment like a GIC because I’ll need to access the funds in less than two years. I also need to set up a Pre-authorized Transfer Service. I need to boost my credit card payments to get the balance paid down.)
B. My Work:____________________________________________
(Example: No action needed yet.)
C. Family:____________________________________________
(Example: I need to see if my spouse can take time off work too.)
D. Other: ____________________________________________
(Example: I need to start doing research about where I want to go, and reassess my plan in six months.)