Rùa Vàng › Content › Mid-term financial planLevel 3 · ages 13–15 OECD PM Save
Mid-term financial plan
🎯 Goal: Know how to make a mid-term plan (6–24 months): set a goal, break it down monthly, track it.
A mid-term goal (e.g., a laptop, a summer camp) needs a multi-month plan. Break the goal into a monthly amount to make it doable.
Let’s explore 🗓️
Mid-term = 6–24 months; needs more persistence than short-term.
🧮
Monthly = Goal ÷ months. E.g., 12M in 12 months → 1M/month.
📈
Track each month and adjust if income changes.
Practice activity ✏️ Goal 6,000,000d in 6 months — how much to save monthly?
Worked example: A laptop goal of 6,000,000d in 6 months → 6,000,000 ÷ 6 = 1,000,000d/month. You make a 6-month table, save 1M each month, and mark progress.
Quick quiz 1. A mid-term goal usually lasts?
→ 6–24 months
2. Monthly saving = ?
→ Goal ÷ months
3. 6M in 6 months → monthly?
→ 1,000,000d
4. Breaking a big goal into months helps?
→ Make it doable
5. If income changes midway, you should?
→ Adjust the plan
🎯 Real-life mission Make a savings plan for a 6–12 month goal.
‹ Emergency fund (expanded) · Track & adjust your budget ›