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As a guide for people navigating their financial environment, these objectives give them focus and direction. Financial objectives can be divided into three primary categories: short-, medium-, and double diamond slotslong-term. different kinds of financial objectives. Short-term objectives could be paying off a credit card or saving for a trip, while medium-term objectives could be financing a child's education or saving for a down payment on a house. Planning for retirement or assembling a sizeable investment portfolio are common examples of long-term objectives. establishing sound financial objectives.

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