How to begin a long-term goal conversation
A useful goal starts with a time horizon, a reason and the next small question.
- 01
Describe the purpose
- 02
Write down the time frame
- 03
Identify missing information
Describe the purpose
Start with what the goal would make possible for your household. Avoid choosing a financial product before you understand the purpose.
Write down the time frame
A goal needed soon may call for different questions from one many years away. Record whether the timing is fixed or flexible.
Identify missing information
List the questions you need answered before making a decision. Costs, uncertainty and access to money may all matter.
Your take-away checklist
- Name the goal in one sentence.
- Note its timing and flexibility.
- Choose a review date.
Print this page or copy the checklist to your own notes; no personal information is required.
Further reading & source
Financial Consumer Agency of Canada — Setting savings and investment goalsThis is an educational summary. The Vietnamese text is not an official Government of Canada translation.
General education, not individual financial, tax, legal or insurance advice. Examples are illustrative.