GOALS SIMPLE MONEY SEVEN SMART · create a plan of action. Whether it be to get rid of debt...
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SEVEN SMART & SIMPLE MONEY GOALS FINANCIAL HOUSE IN ORDER by Award-Winning Financial Coach & Writer Patti Fagan PattiFaganCoaching.com to get your
Transcript of GOALS SIMPLE MONEY SEVEN SMART · create a plan of action. Whether it be to get rid of debt...
SEVEN SMART &SIMPLE MONEY
GOALS
FINANCIAL HOUSE IN ORDER
b y A w a r d - W i n n i n gF i n a n c i a l C o a c h & W r i t e r
P a t t i F a g a nP a t t i F a g a n C o a c h i n g . c o m
t o g e t y o u r
"To be truly powerful in your liferequires making money moves that
work for you. By taking care of yourself
financially, you will truly be able totake care of those you love ."
~Suzy Orman
85% of Americans
...suffer from some form offinancial anxiety. The top 3
causes were cited as:1-Never being able to retire;
2-Living paycheck to paycheck;3-Living in debt forever.
Here's why I care...
78% OF AMERICANS LIVEPAYCHECK TO PAYCHECK
7 Out of 10 couples do not budget consistently
66% of Americans would struggle to pay for an
$1000 Emergency
But Here's the Good News!
With a little focus andplanning, financial peace is
definitely within your reach.However, it will take some
work and sacrifice. Let these 7 smart and simple
goals guide you along the way.
MONEY GOAL #1
Do what ever it takes to createa beginner emergency fund of
$1000. Do this as quickly asyou can. Even if you have to
take on side jobs or sell stuff inorder to do it.
MONEY GOAL #2
Pay off all debt (outside ofmortgage) using the debt
snowball process. Getserious and get aggressive
about getting debt-free!
MONEY GOAL #3
Fully fund your emergencysavings with 3 to 12
months of living expenses.
MONEY GOAL #4
Save enough in your 401Kto get the match. And/orfund a tax-free Roth IRA.
Work toward saving 10% -25% of your income.
MONEY GOAL #5
Save for your children's college.Consider scholarships andgrants. Create a plan to getyour child through collegewithout incurring a lot of
student loan debt.
MONEY GOAL #6
Now that your credit carddebt is paid off and you're
contributing to yourretirement, pay off your
home early.
MONEY GOAL #7
Seven out of 10 retirees will needlong term care at some point.
Have a plan to pay for long termcare expenses (which are not
covered by Medicare).
Your Retirement Roadmap
Of course, you'll need a strategy and actionplan for achieving each of these goals. As well
as accountability. Possibly mentoring, too.But at least you now have a general idea ofwhat needs to happen in your finances in
order to retire well.
"Things do not get better by beingleft alone."
~Winston Churchill
“Money is one of the mostimportant subjects of your entire
life. Some of life’s greatestenjoyments and most of life’sgreatest disappointments stemfrom your decisions about money.
Whether you experience greatpeace of mind or constant anxiety
will depend on getting yourfinances under control.”
~Robert G. Allen
Feel the fear and do it anyway
When it comes to women and money,sometimes the only thing holding them backfrom taking a look at their finances (whetherit’s their debt or retirement savings) is fear.
Ladies, our financial security tomorrow isway too important to allow an emotion to
stop us from taking action today.I say FEEL THE FEAR
and do it anyway.
Financial Peace is within Reach
A financial coach can help you reach your goals.A financial coach does not sell investments and is,
therefore, non-biased. A financial coach can help you get clarity, sort
things out, set priorities, determine next steps andcreate a plan of action. Whether it be to get rid of
debt that’s weighing you down, get a handle on yourspending, find ways to increase savings, buy a
house, save for college or make a plan to retire inthe next 5 to 10 years….It’s totally doable!
Get accountability! Hire a Coach!
Want more tips and free resources?
Visit me online:
PattiFaganCoaching.com
