determining and mutually agreeing on my wants (to travel) , needs (new car, new laptop, my own apartment), values (tithing, giving up time to volunteer, pursue god) , goals (make $80,000 for the year, take two trips), Priority (what should be saved first, paid off first, bought first, invested in, etc.)
These things must be in the interest of my values and attitude about it to be in order to stick to it and make the commitment to these things.
Goals and objectives provide focus, purpose, vision and direction for the financial planning
process.