Creating a Personal Financial Plan
A roadmap to wealth is essential.
Action:
Draft a financial plan that includes your income, expenses, investments, and strategies for growth.
2
27 reads
CURATED FROM
IDEAS CURATED BY
The Wealthy Code is a stepping stone towards financial enlightenment and wealth. Implementing these ideas can set you on a path to achieving financial freedom and joining the ranks of the wealthy
“
Similar ideas to Creating a Personal Financial Plan
Create a Spending Plan
Know your income, your expenses, how much is earmarked for additional expenses and how much for other financial goals.
Budgeting = creating a plan to spend your money
Budgeting is simply balancing your expenses with your income.
It's a plan for the coordination of resources and expenditures. When you budget your money, there’s a desired outcome. And being able to track your spending should ultimately move you in the right direction towar...
Score a Two-Fer Toward Financial Independence
Lifestyle inflation is an insidious killer of your financial wellbeing and eventual financial independence.
What it is: allowing your expenses to grow along with increases in your income.
How preventing it helps:
- Using increases in income t...
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