Having dreams is part of people's lives, not everyone has the same caliber, there are some that require long-term plans, others in the short term, some achievable with our current means and others that require a boost, so finance your plans with a loan is the way to reach them.
The most important thing to keep in mind when you want to achieve a goal is that you need a planned scheme to achieve it, otherwise it will be a disorderly journey. You have to be aware of the time, effort and investment necessary for each type of plan, since not all of them occur at the same time.
Short or long term plans
The time that needs to be invested in a plan is not necessarily indicative of how much money it requires, that will depend on its nature, although it must be clear that many of the actions we do require capital, but it does not always mean it needs to be financed on credit .
On the one hand we have the small plans, or called by some short-term, these plans can include what you will do one day of lunch, what clothes you will buy for the dance to which you have been invited on the weekend. And the money you require for it will depend on its nature, not duration or promptness.
On the other hand, there are big plans, they are almost always set in the long term because they require a lot of planning to go as expected. These types of plans almost always need money and a lot of effort to put them in motion and continue with them until the goals set are achieved.
Achievable and not achievable plans?
Another way to differentiate the plans you have is based on whether they can be achieved or not. Although most of the time it would be better to make the statement that there are plans that can be achieved without leverage and other times you need to finance your plans with a loan.
There is the biggest difference in the things you can achieve. You also have to take care not to have an unrealistic plan, as it must be feasible, even when it can be financed on credit , at no time should it compromise your debt capacity. For example, you could dream of spending a whole year traveling around the world, but if you are not a person with enough resources, you will end up accumulating debt throughout that time, and even if you ask for a loan, you must consider how to pay it.
It is better to have realistic plans, with which you want to fulfill long-awaited dreams such as a home of your own for your retirement, start a company (which can grow in the future), send your children to a good university. In this case, you can afford to finance your plans with a loan , as a point to take into account is that you do a detailed planning of how you plan to invest that money and in what way you will restore what was granted. That is why you require first of all: To shape your plans, once done, to look for the best credit options for them.