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What are some common financial goals?

Curious about financial goals

What are some common financial goals?

Some common financial goals are:

1. Building an emergency fund: This involves saving enough money to cover at least 36 months' worth of living expenses.

2. Paying off debt: This could include credit card debt, student loans, car loans, or a mortgage.

3. Saving for retirement: This involves setting aside money in retirement accounts such as a 401(k) or IRA.

4. Saving for a down payment on a home: This involves setting aside money to make a down payment on a home.

5. Saving for a child's education: This involves setting aside money for a child's college education.

6. Starting a business: This could involve saving money to start a business or investing in a business.

7. Travel: This could involve saving money for a specific trip or for travel in general.

8. Buying a car: This involves saving money for a car or car payments.

9. Saving for a big purchase: This could involve saving money for a home renovation, wedding, or other large purchase.

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