Create a Financial Plan

We've all heard the saying: failure to plan is a plan for failure. If you are not actively setting a financial plan then you are already a step behind the curve.

So what should be in this Financial Plan. Let's walk through this together.

1. What are your financial Goals.

Take a couple of minutes and write down all of your financial goals. After you have written them down, I want you to put them in order and list out your top 3 goals. Here are some ideas of possible Financial Goals:

• Buy a House

• Save 6 months savings

• Save up for a car

• Save $20,000

• Create an investment account

• Create a budget

• Stick to budget

• Live below means

• Increase savings

• Save for college fund

• Pay off Medical Bills

• Pay of Credit Card Bills

• Pay of Student loans

• Track every dollar spent

• Build up Retirement Account

• Save up for a Moving Expenses

• Reduce Spending

• Open a Savings Bank Account

• Become a millionaire

• Save up in preparation for job search

• Save up for home improvement

• Stop Going Further in Debt

• Get Passive Income

• Increase credit score

• Start a Side Job

• Read Financial Planning and Budgeting Book

• Listen to Financial Planning and Budget Book

• Pay off Debt

• Learn an income producing skill