Setting Up a Better Future
Current Financial Situation-
Determine your current financial situation with regards to income, savings living expenses and debts.
Develop Financial Goals-
Periodically analyse your financial values and goals. This involves identifying how you feel about money and why.
Alternative Courses of Action-
Continue the same course of action. Expand the current situation. Change the current situation.
Evaluate courses of action, considering your life situation, personal values and current economic conditions.
Implement a Financial Action Plan-
As you achieve your immediate or short-term goals, the goal next in priority will come into focus
Revise Your Plan-
This process does not end when you take a particular action. You need to regularly assess your financial decisions