Does this story sound familiar
I recently had lunch with a friend who just got an inheritance. She wanted to use it to pay off some student loans, but her husband wanted to buy a four-wheeler. What should they do? I told her they had some much bigger questions to answer first. Because before you can begin to answer a specific financial question, you must first understand what you want it to accomplish. And that has to do with your goals.
You hear a lot about financial goals, but so many of them connect to life goals. What would you like your life to look like in the future, and how will the financial decisions you make now impact that vision? It's important to zoom out and look at the big picture, and to do that, you need a financial plan. You might be thinking a financial plan is only for people with a lot of money or that it'll cost too much. Neither is true.
If you're just starting out, having a plan will help give you a sense of direction, kind of like a roadmap. If you have a spouse or partner, it will help make sure you're in agreement on that direction. Then, when you're confronted with fork-in-the road financial decisions like a job change, what to do with a 401(k), or how to handle an inheritance, you'll have a bigger context to help you decide.
Check out this article on LinkedIn DYI Financial plan
Are you ready to take control of your financial future and guide your loved ones to do the same? Achieving financial independence is not just about managing money—it’s about empowering yourself and your family to thrive.
Our books provide answers by breaking down essential financial concepts into easy, actionable steps for everyone in your family. From teaching your children and teens to building a secure future for yourself, our collection offers focused education tailored to specific audiences:
Raising Financially Independent Children: Fun and engaging ways to teach kids the basics of money management, setting them up for success.
Financially Independent Teens: Essential tools for middle and high schoolers to make informed decisions about finances during these formative years.
Financial Independence Essentials: A foundational guide for anyone starting out on their financial journey.
Financial Essentials for Couples: Practical advice on managing finances together, cohabitation agreements, and building a strong financial partnership.
Financial Essentials for Women by Women: Insights and strategies to help women set and achieve financial goals.
Budgeting for Women by Women: Straightforward budgeting techniques designed with women’s unique challenges in mind.
Investing for Financial Independence: An approachable guide to understanding investments and growing wealth.
.
Explore real-life stories and examples to make financial concepts relatable and easy to understand. Whether you're a parent looking to educate your child, a couple navigating finances, or someone planning for retirement, we have the resources to help you.
Discover the power of financial literacy today!
Visit us at https://parentsfin.wixsite.com/website/books or find our titles on Amazon .
#FinancialIndependence #MoneyMatters #FinancialLiteracy #ParentingTips #TeenFinance #CouplesFinance #WomenAndFinance #RetirementPlanning #Budgeting #Investing #MoneyManagement
Comentarios