Since it’s in our nature to seek for security and stability you’re trying to make some savings from your first earnings. As your savings account gets bigger and you’re feeling more secure you’re starting to ask yourself- What should I do now? Should I save some more money? Should I start investing money?
Financial experts helped us in our search for answers. Although financing is an individual matter, they gave us a 9-step guideline which can be used by anyone in any financial situation. Invest your money smart!
1. What’s the goal?
Before raising any money from your savings account you must know what you really want and where are you headed. Sit down and write a list of all your goals. After you’ve got all your goals in front of you- prioritize them. Calculate how much money would take each one of them and give them their deadlines.