7. Create a Financial Plan - Deepstash
7. Create a Financial Plan

7. Create a Financial Plan

Develop a financial strategy that prioritizes long-term stability over short-term indulgences. Save and invest wisely to secure your financial future.

36

442 reads

CURATED FROM

IDEAS CURATED BY

soul7

ˢᵉˡᶠ-ᵈⁱˢᶜᵒᵛᵉʳʸ φ 𝚙𝚑𝚒𝚕𝚘𝚜𝚘𝚙𝚑𝚢 | ⚖ 𝒑𝒔𝒚𝒄𝒉𝒐𝒍𝒐𝒈𝒚 𝚿 | ѕριяιтυαℓιту 𖦹 + 𝕹𝖚𝖒𝖊𝖗𝖔𝖑𝖔𝖌𝖞

Choosing long-term growth over short-term pleasure involves intentional decision-making, a focus on delayed gratification, and a commitment to enduring development. Here are practical steps to guide this choice

Similar ideas to 7. Create a Financial Plan

Plan it Out

Give yourself time to plan it out and accept that your financial goals are long-term strategies. Don't put your trust in luck.

Those with financial freedom are patient, persistent, and farsighted. They discipline themselves to save and accumulate money over many years.

Create a simple investing strategy

A good early retirement investing strategy should be simple, focused on stocks, bonds, and real estate, and be executed consistently.

  • Ensure to have both a short- and long term investing strategy.
  • Only invest in what you understand.
  • Stick with asset...

4. Financial Goals:

4. Financial Goals:

Setting Goals: Define short-term and long-term financial objectives

Budget Alignment: Align your budget with your goals to achieve them

Monitoring Progress: Track your financial journey and adjust as needed.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates