Many people, it seems, have a fear of money. Does the thought of having to deal with money make you uncomfortable? Cause you anxiety? If so, it may be that you are clueless when it comes to managing your finances in order to meet your financial goals. Therefore, in order for you to become smart about your finances, you need to set S.M.A.R.T. (Specific, Measurable, Achievable, Realistic, Time-bound) financial goals!
Your Mind-Body Financial Fitness
To become financially fit, you need to take responsibility of your own future and develop the discipline and commitment needed in making plans for every stage of life. Most people only plan for the foreseeable future such as getting married, owning a home and a car, as well as paying for their children's education. Unfortunately, many fail to realize that they need to be responsible for their retirement, long-term medical care and succession plan.
Preparing your mind now to deal with these issues down the road will ensure you stay financially fit for life. Therefore you must be certain as to how much money you need in order to realize your goals. Be SPECIFIC (What, Why and How) in planning your goals for your future!
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