An important step toward becoming financially secure is setting long-term financial goals and having a long term financial perspective. You might wind up spending more than you should if you aren’t working toward anything specific. Preparing in the right way will ensure that you have money for unexpected bills, and that you're on the right track to retirement. You don't want to get stuck in a vicious cycle of credit card debt, feeling like you never have enough cash to get properly insured, or enough to handle some of life’s major risks. In this episode of The Money and Business Hour, Roy Matlock Jr. explains how to set long-term goals and how to get a long-term financial perspective.