What Are Your Financial Milestones?
Whether you’re trying to avoid common money mistakes or planning a unique milestone, you most likely have at least one big financial goal to focus on. We’ve already talked about the financial milestones you should have made by age 30 , but what about you? Do you have any financial goals to reach by a certain age?
For example, I am now saving to increase my emergency fund. When I first established my emergency fund a few years ago, I had a lower rent and lived in a less expensive area. I now live in a more expensive city with a higher rent, but I haven’t bothered to increase my emergency fund to match. My goal is to roughly double my fund by the end of the year. What are your financial goals and how do you plan to achieve them?