What is the First Step in Financial Planning? A Guide to Financial Success
Key Takeaways Assess Your Current Financial Situation: Begin your financial planning by thoroughly evaluating your income, expenses, assets, and liabilities to gain clarity and direction. Set Clear Financial Goals: Establish both short-term and long-term financial objectives using SMART criteria to create a purposeful roadmap. Emphasize Budgeting: Create and maintain a structured budget to track income […]