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.
38
435 reads
CURATED FROM
IDEAS CURATED BY
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:
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.
I agree to receive email updates