Your Financial Type
When it comes to money, what kind of financial person are you? Experts say that there are generally three kinds of people when it comes to money. There are those who live paycheck to paycheck. There are those who simply never have enough money, those that put the minimum away in their TSP and finally those who absolutely get it.
Those who get it just didn’t suddenly wake up one morning in Oz, a realm off limits to the rest of us; they had a financial plan and they followed it. Remember the equation below. Put it in a heavy traffic area of your home so that you can see it and let it be a constant reminder of your desire to retire in comfort and security.
Your plan is an achievable and trackable, weekly or monthly financial goal. Â Set the Goal – pay down your debts (those with the highest interest rates first), put money aside for a rainy day and then save for retirement (every little bit helps).
Having a Plan + Following the Plan = Retiring Well.
We are off to a good financial start!!
P. S. Always Remember to Share What You Know.