In recent times, several readers have posted queries on the approach they need to adopt to set their financial goals and work towards achieving them. Typically, financial goals depend on the life stage one is in. For instance, over one’s life one will have goals like buying a house, buying a car, go on a family vacation, save for children’s education and one’s own retirement. Although these needs are fairly universal, yet, each individual’s goals would vary based on the money needed to achieve them and the time needed to reach each goal. Whatever is the stage of your life or circumstances, the process to achieve any financial goal is the same.