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5 Long-Term Financial Goals and How to Achieve Them

Success

Pay off major debts Expected time: 5+ years Account types: Credit card debt, mortgage, student loans, car loans Getting out of debt is essential to the success of your other long-term financial goals. Opening a college savings fund for your child when they’re young can help you save for their future college expenses.

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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That keeping up with the Joneses can lead to expenses surpassing income—and the debt that comes with it. The same study from Debt.com found that one in three credit card holders in the U.S. have maxed out their credit cards to cover expenses due to inflation. While the average age in the U.S.

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Lessons From Past Recessions

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Having a plan in place can also help you find some silver linings and free your mind to see some of the opportunities a downturn can present. How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? Where can I cut back on the rest of my spending if it becomes necessary? Beef up your emergency fund.

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Do you know your numbers? Revenue vs. Income – The difference can make or break your company

Stephanie LH Calahan

I recently had the honor of presenting as part of Fire Up Your Biz – Enrich Your Life.    Those deposits could have been any of the following; cash, check, wire transfer or the processing of credit card payments.   The company’s expenses are even higher than their revenue.  How is that possible? 

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44 Ways to Kick-Start Your New Year

Success

I want to evaluate my cost-of-living expenses and see where I can cut back. I just started my own business, and I want to evaluate my income versus my expenses to see where I am currently, with the ultimate goal of hitting the salary I want to make. Review your expenses as a couple. Cut up credit cards.

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