Unit 1 · Level 3 · Goals & horizons
Review: the map
Money gets sorted into buckets by WHEN you need it. Emergency cash comes first, expensive debt dies second, and only then does long-term investing start. Each bucket gets assets that match its horizon, and every goal becomes a number with a date. That's the map. Everything else in this league is route-finding.
Free to play. No ads, no token, no account needed to start.
What you get asked
Match each situation to the right move
Four situations, four different answers, and the horizon plus the debt's interest rate did all the deciding.
Paying off an 18% credit card instead of investing is smart because…
High-interest debt is a guaranteed loss running in reverse. Clearing it is the one 'investment' with a certain double-digit payoff.
A complete goal has an amount, a ___, and a monthly contribution connecting the two.
No date, no plan. The deadline is what turns a wish into a monthly number you can automate and track.
Tom, 28, has 6 months' expenses saved, no debt, and won't need his spare €300/month for decades. Where does it point?
Foundations done, horizon measured in decades: that's exactly the money long-term stock investing exists for. Waiting for crashes is market timing; League 2 covered how that usually goes.
What's the correct ORDER of questions when planning?
Horizon → bucket → assets. Next unit: how to slice the long-term bucket itself between stocks and bonds, the allocation decision. 🐜
The rest of this unit
Before you pick a single fund, decide what the money is FOR and when you'll need it.