Achieving life goals through financial planning

[klassicdoll]

Throughout your life, a financial plan serves as a roadmap. Financial planning makes it possible for you to reach your financial objectives. Basically, it helps you take charge of every aspect of your finances so that you can manage your finances and succeed. It also helps you get ready for crises and unanticipated events. Therefore, achieving your life goals requires a sound financial planning strategy.

 

[Starmix]

Financial planning is very important to be able to budget our expenses effectively. It also requires discipline because without it, it's hard to achieve our goal.

 

[Stardom22]

The financial planning is indeed a very tricky exercise that most people do find it difficult to cope with it

 

[eLdavis]

When it comes to achieving your goals, you will definitely need money to do so, and the only to make is possible is through planning.

 

[Suba]

Very good advice, but unfortunately @klassicdoll doesn't explain what kind of good financial planning strategies we should implement in our lives to be successful in the future.

 

[Starmix]

Very good advice, but unfortunately @klassicdoll doesn't explain what kind of good financial planning strategies we should implement in our lives to be successful in the future.

I think it relates about a goal to do budgeting, live in frugality or work double to attain the financial goal to live in financial freedom.

 

[Suba]

I think it relates about a goal to do budgeting, live in frugality or work double to attain the financial goal to live in financial freedom.

You are right, but budgeting is only one strategy of financial planning, maybe there are many other strategies that I don't know about, and this should be explained by the creator of this thread.

 

[Starmix]

You are right, but budgeting is only one strategy of financial planning, maybe there are many other strategies that I don't know about, and this should be explained by the creator of this thread.

To live in frugality or live within the means is one way to accumulate finances, avoid debts or pay off debts before starting a new adventure to make money.

 

[Suba]

To live in frugality or live within the means is one way to accumulate finances, avoid debts or pay off debts before starting a new adventure to make money.

I agree with you, if we live fugally, of course there will be excess money from our income after we spend it, so that means our expenses will not be more than our income. You can save or invest this excess money.

 

[Starmix]

I agree with you, if we live fugally, of course there will be excess money from our income after we spend it, so that means our expenses will not be more than our income. You can save or invest this excess money.

Yes you're so right, we'll expect a little saving after disciplining the self to live within the means or without means if possible, lol.

Post automatically merged: May 12, 2024

Yes you're so right, we'll expect a little saving after disciplining the self to live within the means or without means if possible, lol.

 

[King Belieal]

Any life goals that you want to achieve, it requires finances. You should be able to intentionally tailor your financial life to be able to meet those goals.

 

[Springtime]

Financial freedom is one of the life goals many people would like to achieve. Without money, you cannot achieve many other goals including running a business or doing charity work.

 

[Starmix]

Financial planning is essential to improve the condition of our finances. No planning means retention of your forever financial status struggling to live.

 

[Stardom22]

I have realized that the financial plans are the most game changers for the successfulness of the people with their life.

 

[Nomad]

Financial planning starts with saving and then investing. You need to fist save and then invest your saving.

 

[Stardom22]

I have realized that most successful people in my country are the ones that are very smart on the management of their personal finances.