The term financial goals can seem vague and in the distant future, but in reality, your financial goals are a result of the choices you are making today about:
The level of attention you give to your money
Your daily spending habits
Your daily earning habits
(Days turn into weeks, then months, then years, right?)
This paradigm can easily be seen when you look to see how much your money will be worth at a certain future date, based on the amount of money you put away to grow, and the earnings you achieve from investing that money. The importance of this concept led me to create a calculator for you on the Financial Woman website; just click the calculator tab to play with it.
Did you know that if you:
Put away $50,000
Add just $500 a month
Grow that money at 10%
And don’t withdraw any of the money, it will be worth almost $613,000 in 20 years?
Assign some dollar amounts and time frames to each of your money reasons. Use this calculator to help you get what you REALLY want in your life that money can buy. If you aren’t already receiving the Financial Woman Nest Egg Newsletter, be sure to sign up today so you can get the videos that step you through this dynamic wealth building tool in the newsletter over the next few weeks.