Here are a few ways you can make an investment plan that can support you for years to come.
But, if you think of conquering it the same way people think about planning a vacation or wedding, it can be easier to deal with.This article is a contributed piece as part of a series focused on millennial financial empowerment called I often hear millennials talking about spending time, energy, and money on planning vacations and weddings, but very little time on their investment plans.
You can think of this as all the modes of transportation that would be used to get to the destination. Time is your friend in reaching your goals. Goals must be achievable within a realistic time period, and the more time you give yourself, the loftier goals you can set.You can and should expect to hit bumps in the road along the way, and with that in mind, you'll need a contingency plan.
But, don't get frustrated! When this happens, I adapt and adjust my plan and work as hard as I can to get back on track. I might have to sacrifice a little by saving more money , but I move forward. When my outbound flight for vacation gets delayed, I don't give up and cancel the whole trip.Focusing on cost is very important, but sometimes some extra money spent is well worth it.
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