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3 types of financial goals
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There are 3 types of financial goals in business:
1. Growth goals, such as winning new clients or increasing revenues.
This means prioritizing the financial growth of the business.
2. Security goals, such as building an emergency fund or saving for retirement.
These goals are all about making sure that both your household and your business are prepared for the inevitable shocks of life.
3. Lifestyle goals, such as working less or traveling more.
Goals in this category are all about finding positive reasons to care about money management.
All these goals are fine. You probably have some combination of the three.
Just think about what your priority 1 actually is. Growth, security, or lifestyle.
No wrong answer.
#freelance #agency #consulting #coaching #finance
1. Growth goals, such as winning new clients or increasing revenues.
This means prioritizing the financial growth of the business.
2. Security goals, such as building an emergency fund or saving for retirement.
These goals are all about making sure that both your household and your business are prepared for the inevitable shocks of life.
3. Lifestyle goals, such as working less or traveling more.
Goals in this category are all about finding positive reasons to care about money management.
All these goals are fine. You probably have some combination of the three.
Just think about what your priority 1 actually is. Growth, security, or lifestyle.
No wrong answer.
#freelance #agency #consulting #coaching #finance
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