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Period: to
5 year mark
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Started Kindergarten
Youth
Estimated Cost- $100(school supplies).
Years of Saving- 0
Importance- This is an important milestone because it marks the start of my education. -
Period: to
5 year mark
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Period: to
5 year mark
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Get First Job
Youth
Importance- This is a big milestone in my life because it will be the first job in which I have a stable income and develop more responsibilities when having to go to school and report to work. -
Get My First Car
Youth
Estimated Cost- $4,000
Years of Saving- 1
Importance- This is an important milestone because it marks me gaining more independence by being able to travel on my own -
Graduate Highschool
Youth
Estimated Cost- $0
Years of Savings- 0
Importance- This is an important milestone since it marks the end of my education and leads into my next milestone (college). -
Period: to
5 year mark
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Graduate College
Young adult
Estimated Cost- $50,000
Years of Savings- 4 (saving and seeking scholarships in earlier years).
Importance- this is an important event because it marks the end of my college education which should help me to find a job and financially support me in later years. -
Get first job out of college
Young Adult
Importance- this is an important milestone because this will be my first job I could get with my college education and past experiences. This could possibly also be a job I keep for many years. -
Rent First Home
Young Adult
Estimated Cost- $1500 a month
Years of Savings- 8 years (savings spanning from my first job).
Importance- This is a major milestone in most peoples lives and marks me as becoming more independent. This may also be the place I live for years. -
Period: to
5 year mark
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Get Married
Adult
Estimated Cost- $5,000
Years of Savings- 1
Importance- This is an important milestone because it marks me settling down and starting to make a plan with not just me, but also my partner. -
Have my First Child
Adult
Estimated Cost- $200,000 (from birth to 18yr).
Years of Savings- 10
Importance- This is important because it is a huge and rewarding responsibility to raise a child and bond with this child. -
Period: to
5 year mark
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Period: to
5 year mark
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Period: to
5 year mark
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Period: to
5 year mark
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Period: to
5 year mark
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Period: to
5 year mark
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Period: to
5 year mark
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Period: to
5 year mark
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Retire
Senior
Years of Saving- The years since I started working
Importance- This is important because retirement marks the end of my career and the start of getting to fully pursue any passions I wish.