When it comes to financial planning, dividing your savings into short, medium, and long-term goals is crucial. Each category ...

Staying motivated to save for an upcoming vacation with friends or a wedding may be easier than doing so for a far-off goal like retirement, since you’ll soon get to enjoy the fruits of your labor.

Decide on your investing goals — for example, whether you’re saving for retirement, a big purchase or a child’s education. Determine whether these are short-, medium- or long-term goals and choose ...