In order to achieve your financial goals, I urge you to adopt the following steps as you seek to make your initial FOOTPRINTS on the Home Ownership and Financial Independence journey.
Step 1: Create an Emergency Fund
The first step in the financial planning process is to make sure you are prepared for emergencies. Before you start working towards your major financial goals, it is very important to save at least 3 months of your living expenses in an emergency fund account. This will provide you with some money to fall back on in case you lose your job, have an illness or need to do major repairs to your house or car. Try not to use these funds for any purpose other than a real emergency.
Step 2: Identify your priority goals
Setting goals establishes the framework for future success. It is through goal setting and remaining focused, that we can begin to develop a strategy for financial success.
• Write down your goals
• Establish your priorities
• Have an action plan
• Monitor your progress Victoria Mutual has a Team of expert financial advisors that can help you along the way.
Step 3: Determine the products and services to help you
Ensuring that you can access the best products and services will go a far way in helping you achieve your financial goals. The Victoria Mutual Group has a wide range of offerings for savings and loans, real estate and property services, wealth management, money transfer, pension management services and general insurance. Contact a member of the Family and let us help you achieve your goals.
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