Most people struggle with the ability to plan long-term, particularly when it comes to their finances. But learning to set some money goals, no matter how small, is a crucial first step on the journey towards building one’s wealth and financial confidence.

On this week’s episode of It All Adds Up, The Sydney Morning Herald and The Age's senior economics writer Jessica Irvine and money editor Dominic Powell run through some money goals listeners may consider setting for themselves, depending on what life phase they are in.

It All Adds Up is the podcast where we make money easy to understand so that listeners can begin building their financial wealth. You can submit questions via email or voice memo to italladdsup@nine.com.au for Jess and Dom to answer each week.