How to balance the short-term and long-term goals?

Contrary to what people think, goal setting is not always about finances, property or a comfortable retired life. Although, these aspects may be part of the plan, it is many a time about what you want to do at a certain stage in life. For example, start an art school for underprivileged children, a charity or write a book. These are not things that one can do overnight, without planning or having saved up for it. A dedicated plan for it over a few years is what will give these dreams concrete shape and change it into reality. So, how to manage your short-term and long-term goals? Do we need to relate the short term goals with long term goals?

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