Once you have a clear picture of your current financial health, it's time to set financial wellness goals. These goals should be specific, measurable, achievable, relevant, and time-bound (SMART). They should also be aligned with your overall financial objectives, such as saving for retirement, buying a home, or starting a business.
Begin by identifying your short-term, medium-term, and long-term financial goals. Short-term goals may include paying off credit card debt
or building an emergency fund, while medium-term goals might involve saving for a down payment on a house or funding a child's education. Long-term goals could entail saving for retirement or becoming financially independent.
Once you have identified your goals, prioritize them based on their importance and urgency. This will help you allocate your financial resources more effectively and create a roadmap for achieving financial wellness.