Long term and short term planning animated

Video Source:

Nedoshepa, A. (2016, July 7). Long term and short term planning animated [Video]. YouTube. https://www.youtube.com/watch?v=De0HyiqRXIU&feature=youtu.be

Why is long-term financial planning important for companies and individuals?
As you begin your career, what are two things that you can do to prepare for your personal, long-term financial goals?
What is one short-term financial goal you have for yourself as you begin your career?
What is one long-term financial goal you have for yourself as you begin your career?