Setting financial goals

Morataya Corp. Debt Solutions can help you plan to reach your financial goals.

It’s important to set financial goals for your future and to break them down by time frames. For example:

  • Short-term goals – Within the next year
  • Intermediate goals – In 2 to 5 years
  • Long-term goals – In 5 years or more

Examples of Financial Goals

  • Know where your money is going
  • Manage to live on your current income
  • Pay your bills on time
  • Pay off your debts
  • Allocate funds for emergencies
  • Maintain or improve your standard of living

Create a special fund for irregular expenses:

  • Vacations
  • Birthdays/holiday gifts
  • Car tires/vehicle maintenance
  • Special family events
  • Back to school expenses
  • Summer camp

Establish a regular savings program for long term goals:

  • Buying a home
  • Children’s education
  • Buying a car
  • Retirement investment program, RRSP
  • Increase your net worth