One of the most important parts of designing your lifestyle plan is to visualise the future you wish to achieve.
In this week’s show, I talk you through why this element of retirement planning is so crucial to the outcome you’ll achieve.
Key Takeaways
Reaching a state of financial wellbeing is when we get to the point in our lives where we have a sufficient level of income for our lifestyle needs.
We should never discount the fact that emergencies arise from time to time. We must endeavour to ensure that we have adequate finances in place to deal with these periods.
Budget plans can help us to keep control of our spending. Consider outgoings carefully, but also ensure that our family is well-protected.
Look for ways to grow your wealth over time. Take professional advice in these matters. We should always seek to grow our money, and never let it stagnate.
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