The real value of goals

Say, the total cost of going on a vacation to Kashmir with your entire family for four days is ₹1 lac.

For instance, the current level of inflation is, say, around 8%, and you wish to achieve this goal after two years.

This is because, with the rise in prices, the value of goods and services used during your vacation will also increase.

Therefore, it is important to invest based on the real value of your goals.

That’s a lot of new information! Let us help you recap it quickly.

Your financial goals should be SMART (Specific, Measurable, Achievable, Relevant and Time-bound).
Buying a car is just a dream or wish because you have no other details, like the price of the car, your income when you want to buy the car
With the rise in prices, the value of goods and services used during your vacation will also increase. Therefore, it is important to invest based on the real value of your goals.

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