You are a young lad studying to earn your degree. Lately you are starting to think about your future and you also aware that saving is a crucial part of successful financial life. With this awareness you started to get a Roth IRA, or perhaps to invest in the stock market in the long term most likely a index fund or a portfolio of low risk companies. It seems that everything are working well.
However there’s one important thing you might forget: What is the main purpose of your savings? Remember that without having clear goals in mind, it’s incredibly easy to make very poor choices when it comes to saving for the future.
