How do I create a long-term financial plan?

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How to save $1,000 this year

Q: How do I create a lifelong finance plan and how much money will I need for all of those things? Emergency fund, wedding, buying a house, retirement, college savings for my future kids (how much do kids cost?), elder care for my parents (god forbid, but just in case)? –Delilah

Life is full of big-ticket purchases: moving expenses, school tuition, weddings, honeymoons, buying a house, kids, retirement … the list goes on and on.

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