embrace your personal financial journey
A round figure is not the answer. Understanding your needs and your goals and your road map is .
This involves letting go of a well-known number like 1 million and embracing your personal financial journey . Goals such as establishing an emergency fund or improving your credit score, when reached, can help you feel wealthy without having to build a huge net worth.
take advantage of time
When you’re in your 20s and 30s, you may not have a ton of cash on hand yet. However, you do have an extremely valuable asset: time. If you start saving early and invest consistently, time and compound interest can turn a relatively small amount of money into a considerable sum.
work with a finance professional
at any income level, if you understand exactly how much you have and what your options are, you may find that your money can go further than you think.
At its core, financial planning is about how to best make your money work toward your goals, whether it’s buying a house, saving for retirement or feeling less anxious about money. Understanding what your specific road map is is very helpful.
