It's important to have short term and long term money goals if you want to save enough money to buy what you want and need and most importantly, have money for the future. You can totally avoid financial uncertainty by doing this. My Belle De Jour Power Planner is so useful in this area because it offers a lot of tips concerning financial matters. Here are but a few:
Evaluate the way you spend your cash (prioritize needs over wants), then come up with resourceful ways to turn spending to saving (go for DIY instead of buying). Set aside a fixed amount (at least 20% of your monthly income) and allocate these resources to important funds or investments that will provide you with financial security.
Think about your priority (is it to buy a house, start a family, invest in stocks, or prepare for your retirement?) and carefully weigh all your options before moving forward. Invest in stocks, bonds, mutual funds, and other growth investments or talk to a financial adviser to help you find the best match. Take charge and you'll reap the rewards!
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