How to make a plan for your goals, no matter how big or small - Business Insider

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How to make a plan for your goals, no matter how big or small MasterYourMoney

, which read in part: "Feeling concerned about what's going on is normal and not a problem. What can pose a problem is acting on those emotions and deviating from the set course of action you have in place as part of your long-term plan."

That's why every financial plan starts with naming your goals. The more specific you are, the more tailored your plan can be. Your answers to these questions will help you form a list of goals; the next step is prioritizing them. Roberge challenges his clients to go through theirs and ask, if I could do only one of these things, what would it be? Next, move that goal to a priority list.

If you're creating a financial plan yourself, you can use apps to track your cash inflows and outflows and monitor your net worth. Any investment accounts, such as a 401 through your job or a taxable account where you trade stocks, will be considered assets along with any savings accounts or personal property you own. Credit-card balances and student, car, and home loans are your liabilities.

 

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