According to Money & Career Cheat Sheet, a recent survey from December 2016 found that the top 3 money concerns facing Americans are saving for retirement (and making sure there is enough money to last), health care/medical expenses, and not having enough in emergency savings.
We are often told to set personal budgets and save…but why? The answer varies from individual to individual. And that is when financial goals come into play. Financial goals are target that you would like to reach with your money. They can be as big as having a million dollars by the time you retire at age 65 or as small as saving enough money to buy that pair of shoes you really want.