Financial goals setting: theoretical and practical aspects

In this article, the author makes a comprehensive analysis of the issues of setting financial goals. The theoretical aspects of the flow of these processes are emphasized, a list of features that must be taken into account when setting financial goals is formed, and the conditions for the direct implementation of this area of activity are recreated. At the same time, the practical result of the study was the author's algorithm for setting financial goals, taking into account external and internal factors that affect their final composition, risk level, time to achieve, and so on. As a result of the analysis, it can be emphasized that: today, the management of financial assets is becoming increasingly important; setting financial goals is seen as a fairly effective way to manage finances; at the same time, it is individual, which makes it impossible to create a unified interpretation of the financial goal.