SELECT YOUR LANGUAGE

Whether you are trying to save to open up a business, buy a car, pay for a wedding, pay for college, or purchase a new home, it is best to start by establishing a financial goal.  To establish a financial goal, write down what your financial goal is.  Give yourself a tentative time line for achieving your goal and be flexible with that date.  You will also need to factor in your monthly expenses when establishing your financial goals, so that you can consider how quickly and how attainable your goal is to achieve.  After you have established your financial goal, stick to the plan.   There maybe things that happen in life that cause your finances to change and may shift your financial priorities, so allow yourself room to adapt /modify your original plan as needed.  No matter what, just Don’t let distractions get in the way.

​

Don’t let what you want right now, deter you from what you need in the future.  You cannot attend every event, you cannot shop frivolously when you have a financial goal that you are working towards.  You have to be willing to sacrifice having immediate temporary gratification, so that you can have permanent gratification from goal achievement. 

 

Sometimes, it might be easier to open up an account that is separate from your own personal account that you use on a regular basis to avoid taking out money that you are trying to save.  When you don’t have easy access to the money, you might be less inclined to withdraw money.  It is important to stick to the plan when you have financial goals; if you don't, you will never get to where you want to be. Watch this YouTube video below to learn more strategies to achieve your financial goals:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

By Jason Torrents