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Personal life choices

This section will help you think about different needs at different life stages. It will also help you plan for you and your family's future in the short, medium and long term.

There are different planning needs for things you need in the near future, things you need in the next few years and things you need in many years - e.g. a pension.

• short term - 1 years time
• medium term - 5 to 10 years time
• long term - 10+ years time

Choose from any of the following:

• See some examples
• Preparing a personal choice plan
• Do you make financial decisions in the short, medium or long term?
• Setting a budget for short, medium and long term needs
• Financial decisions in the short, medium and long term
• Buying a car
• Are you a spender or a saver?
• Short term needs
• Long term needs
• Repaying debt

All of the above planning methods will include an aspect of budgeting. Once you have looked at this section you may want to also see the spending and budgeting section to get more detailed budgeting information.