Financial goal setting refers to the process of identifying and establishing specific financial objectives that an individual or household aims to achieve within a given timeframe. It involves clarifying one's financial aspirations, determining the steps required to accomplish them, and creating a roadmap to guide financial decisions and actions.

By setting meaningful and attainable financial goals, individuals can gain greater financial security, freedom, and the realization of their financial dreams.

DISCLAIMER: The information provided here is for general informational purposes only and should not be considered as financial advice. Receiving financial advice from a qualified professional is essential for making informed financial decisions. Consult with a professional who can consider your unique circumstances and provide personalized guidance tailored to your specific needs and goals.