It’s been an incredible 10-day journey exploring financial tips. But the most valuable tip was saved for the last: Have a Plan.
Financial tips are like valuable ingredients, but without a recipe, they can’t create a delicious meal. A clear plan is your personalised recipe for financial independence. You can have all the tips in the world, but if you don’t have a documented plan to guide you on this journey, it will be quite fruitless.
Here’s how you can develop a plan
- Evaluate your current situations – Consider a “SWOT analysis”
- Set “SMART” goals: SMART stands for Specific, Measurable, Achievable, Relevant, and Time-bound.
- Create a budget – Read Day-2
These three points are the keys to having a well-thought-through plan – Don’t forget to document your plan and visit it often.
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Here’s a recap of our past 10 days;
- 10 Days of Financial Tips: Day 1 – Park Your Car
- 10 Days of Financial Tips: Day 2 – Create a Budget
- 10 Days of Financial Tips: Day 3 – Understand the Rules of Money
- 10 Days of Financial Tips: Day 4 – Eat Home, There’s Rice at Home
- 10 Days of Financial Tips: Day 5 – Save Your Future
- 10 Days of Financial Tips: Day 6 – Kick Back and Save: Fun, Money-Saving Activities for Your Public Holiday
- 10 Days of Financial Tips: Day 7 – Relationships, The Currency of Connections
- 10 Days of Financial Tips: Day 9 – Respect Money: The Key to Financial Freedom
Financial tips are non-exhaustive, however, we carefully curated these 10 tips to guide and assist you in your financial journey. All the best.
Thank you for tagging along. LetsSaveMoneywithAccraTimes