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Twelve Months of Financial Milestones Working with Financial and Legal Advisors Taking Control of Your Financial Future How Much Money Will
I Need to Achieve How Should I Manage
My Money to Reach Determine Your Net Worth and Cash Flow
Adopt and Stick with a Financial Strategy |
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taking CONTROL
OF YOUR FINANCIAL FUTURE
It’s very important to keep some assets easily accessible, or “liquid,” in case of emergency, such as an unexpected expense or being unable to work due to illness or accident. Experts recommend having an emergency fund equal to three to six months’ worth of expenses. If you don’t have that much cash saved in liquid accounts (checking, savings, money markets), make it a priority to save until you do. One of the best ways to build savings is to “pay yourself first.” In other words, put a certain amount of each paycheck into a savings account, even if it’s only $10 or $20, right away.
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Establish an Emergency Fund
