PLAYING THE MONEY GAME
The
Six Areas of Financial Planning Your Master Plan Financial Independence |
Goal
Setting The Financial Pyramid Credit Cards |
financial independence is the overall goal of financial planning
The objective is to turn Cash Flow into Net Worth over time.
There are two things that make you money:
• You at work• Your money at work
1. Increase Your Income
2. Decrease Your Spending
• Distinguish between “needs” and “wants.”
Ask
yourself, “Do I really need this, or do I just want it?” Learn
to tell the difference.
•Unwise Spending
• Reduce Taxes
• Unforseen Loss
- Bad investments
- Unexpected expenses
• Loss of Purchasing Power through Inflation
3. Invest Wisely
Next Goal
Setting
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