5 Financial Tips to Master Before You're 30 - 3
- 29 Dec 2020
3. Get Real About Your Financial Goals
If you dream about getting wealthy — that’s great. However, “wealthy” is too abstract and cannot be measured by an actual money amount. Take a pencil and a pad and write out your monetary goals.
For instance, you need to pay a mortgage. Calculate the monthly payment and see how it affects your overall budget, which expenses you could cut, and so on. Apply the same technique if you want to go on a vacation, pay your kid’s tuition fee or save up money for investing in stock.
