Staying motivated to save for an upcoming vacation with friends or a wedding may be easier than doing so for a far-off goal like retirement, since you’ll soon get to enjoy the fruits of your labor.

Goals are usually defined according to the time available to achieve them. Short-term financial goals fall within a 1 to 3-year horizon. Whether it’s saving for a vacation, buying a gadget, or ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...