Step 1: Determine Your Financial Goals
Make up a list of your long-range and immediate financial goals. Create this list together.

Long-Range Financial Goals
What do you see money offering you in the future? Your list might include:
  • Retirement
  • College education for children
  • Ability to take long vacations when the kids are much older
  • Charitable donations
Immediate Financial Goals
What do you want from your money today? Your list might include:
  • Mortgage
  • Private school tuition for children
  • School supplies
  • Food
  • Clothing (business and casual)
  • Household supplies
  • Summer camp
  • Vacations
  • Car payments
  • Utilities
  • Dry cleaning
  • Newspaper delivery, magazine subscriptions
  • Entertainment (movies, dinner)
  • Personal grooming (haircuts, manicures, massages)
The next step: Calculate your costs
Reprinted from Emotional Infidelity by M. Gary Neuman. Copyright © 2002.
Published by Three Rivers Press, a division of Random House, Inc.