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Receiving higher education Age 15-25
This requires advanced planning on where to go to college and the cheapest plan. This is a savings option -
Buying a vehicle Age 15-25
This requires planning since you need to get the best vehicle that fits your budget and this is an investment option since you will need a car -
Starting a career ages 26-45
This is an investment option since you are going to be giving your time but gaining money for the work you put in. You should begin planning for this since you need a job -
Establishing a savings funds 26-45
People should be planning for it when they get a job because they'll need somewhere to save the money they receive from that job. This would require a short amount of time, This is an savings option -
Buying a home age 26-45
This requires advanced planning an you should begin planning for it when you get a job. this would take about 1 year to plan -
Getting married ages 26-45
This requires planning for the wedding and your bank accounts. this will take about 6 months of planning and this is an investment option for your capital. -
Starting a family ages 26-45
Starting a family requires planning for the child and the money you will need. this is a savings option and you should start planning from the moment of pregnancy, this is an ongoing savings option -
Building net worth ages 46-65
This does not require advanced planning and this is a savings option to save money for gaining net worth. this usually requires years of working and saving after you have started your career -
Retirement ages 65+
This requires advanced planning throughout life so you can live with no worries after retiring from your job or career. -
Going on vacation ages 65+
This requires about 4 months of planning to plan where to go and what to do while you are there.
