Unconventional Financial Goals of Present Generation
Each and Every Individual work to earn a living. And everyone wanted to have the financial freedom to fulfil most of their dreams. Of course, fulfilling all the dreams of a human being is impossible as there comes another as soon as one is achieved – Human Greed.
But among all the goals the present generation people have, there are few of the things that are common among most of them and they are on the top priority for most of the individuals.
The below are the top 10 Financial goals that are on the list of most of the individuals.
1.World Tour
Most individuals these days with no doubt love to travel to different places across the globe. And having a plan of a world tour in the goals list is so popular among the present generation at least. And the Bollywood movies have their role having a huge effect on the life of a traveller travelling the different parts of the world exploring different places and people.
Travelling the world is one of the tops and most sought financial goal. This goal needs huge financial backing as the cost of travel is very expensive and stay across countries will cost you a fortune. You should save a lot for this goal and this with no doubt has in the list of most of the people, keeping aside whether they are saving for this goal or not.
2.Early Retirement
Unlike the earlier generation, whose retirement age is fixed by the companies in which they work, the individuals of present wanted to retire at a time when wanted to and have a peaceful and happy life with good financial support. And it is retirement planning which is the first thing most of them plan when they started to earn a good salary.
With no further thought, it is agreed that the maximum life expectancy is reducing because of the increasing health effects and environmental challenges. In the midst of all these individuals wanted to retire as soon as possible and enjoy their life.
3.Medical Corpus
A medical emergency is one thing that you wanted to have enough financial support to come out of it. It is and the must for everyone to plan for all the medical situation that may arise in the future and all individuals who can sense the changing scenario’s around all and the changing health problems, starting to plan for their medical expenses early in the life and is on the list of most of the individual’s financial goals.
4.Road Trips
A Road trip through the mountains in the north or from London to India, whatever is the length of the journey is, is a dream for most of the young generation. A batch of people who are together will always plan a Road Trip at some point in time. And having a long Road trip to places far from home is a dream that every individual dream of.
5.Start Farming
As it is popularly said, as we become more developed, we at some point in time come back to our old traditions and old Cultures. Farming is by far one occupation that has reduced its working population. But the present generation is starting to develop a keen interest in farming by making use of the new technology in Farming.
And in most of the individual’s goals, maximum individuals at some point in time, leave all the corporate jobs and move back to home town and do farming. This is one thing that might get the attention of most.
Other Financial Goals which are Popular are
6.Own Startup or Business Establishment
Starting a startup or a business is the goal of most of the graduates of the present generation But financial pressure is one thing that stops them from taking the risk. But most of them wanted to save enough to start their own startup or business at some point in time in the future.