Starting out with a new set of financial goals can be overwhelming. So how do you stay on track and moving forward?
Reaching Your Financial Goals: Step #1
The first step is to clearly define what your financial goals are. You have to know what you want to do before you can figure out how to get there. You can’t plan for your trip until you know where you’re going!
Reaching Your Financial Goals: Step #2
The second step is to automate your finances. The best thing you can do is to take yourself out of the financial equation. You don’t want to consciously think about sending money to savings each month. Make the decision, set up the transfer, and get on with your life! Whether you’re saving toward something specific like a car or a vacation or simply focusing on your Pay Yourself First account, once you’ve set them up, let your finances look after themselves.
There are much more important things for you to do than worry about money. Take these two steps, and you’ll achieve your goals without even realizing!
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Dr. Tony is the co-founder of MindShift.money and the best-selling author of three books on personal and business finances. Having achieved Financial Freedom at 27, Dr. Tony believes that through Financially Fit Bootcamp and Cash Flow Cure everyone can get there. He has made it his life’s mission to help others live a life where their money works for them—not the other way around.