You will need to assess your financial situation, define your goals, develop a strategy, create a plan and put that plan into action.
Sounds like a lot of work but it doesn't need to be. Me and Money's 9 Step Money Program guides you and provides templates to help you put a plan in place.
Once your plan is written and implemented though there is no such thing as set and forget in managing your financial affairs. You must maintain the solid footing on which you have placed your finances. Over time, circumstances change, goals change, tax laws change and financial markets of all types change (yes, even real estate under performs sometimes).
Taking an active approach to managing your financial situation must become a part of your lifestyle, not a short term activity that you take up every once in a while like a fad diet or exercise.
The good news is maintaining your financial situation doesn’t have to take up a lot of your time and effort and it can provide personal satisfaction and peace of mind much like maintaining a welcoming home or tidy garden.
Module 9 of MaM’s 9 Step Money Program will help you protect your money into the future so that you can enjoy the results of your savings and investments. If you would like to learn more, join Me and Money now as a Companion to get access to our 9 Step Money Program and become part of a community where you can find out anything you need to know about money.