Short-term goals might be within the year, while long-term goals could pertain to five or 10 years later. A solid SMART financial goal for creators is boosting income by 20% by the end of the year.

For example, if one of your long-term savings goals is being able to pay for your child to go to college, it would be helpful to have a specific college fund account.

Stocks, for example, are a common investment used for long-term goals. Find Out: 10 Things You Should Do When Your Child’s 529 Account Reaches $20,000 Create an Overall Savings Budget ...

Goals and dreams have crucial differences. Dreams are wishes and fantasies; for example, many of us long to be rich, fam ...

Setting a short-term financial goal can be a smart money move when it comes to your overall financial planning objectives. Unlike long-term financial goals, which typically have bigger objectives ...

In this episode of Invesco Mutual Fund we walk you through how to identify, categorize, and achieve your short, medium, and long-term financial goals using the power of mutual fund investing.

Unlike a long-term portfolio, which has a timeline of 10-plus years, the main goal of a short-term portfolio should be to outpace inflation while protecting what you’ve saved.

Unlike a long-term portfolio, which has a timeline of 10-plus years, the main goal of a short-term portfolio should be to outpace inflation while protecting what you’ve saved.