What is difference between “tactics” and “strategy”?
If my strategy was to get out of my rented appartment and buy a home in 5 years My tactics would be to: Postpone having kids until after 5 or 6 years Save 1/2 of my monthly income for the next 5 years Invest the money in some safe mutual funds or other safe and profitable financial instruments Take public transportation and sell my car Carry out research to find out houses that would match my savings and budget in a neighbourhood that would satisfy my needs including parks, good schools for my kids, supermarkets Find a banker to finance my project To sum it up then my stategy is my final long range objective and my tactics are the ways and means to achieve that long term goal
