How to Plan for the Future


The future, or the final frontier, is a big question mark. You may see some things you wish to have for the future, like money, security, a family, but you won't make those things happen unless you have a plan to ensure their probability.

  • Set reachable goals for yourself. Plan for your immediate future first. Write down the goals that you can reach within the next six months, and then move on from there. By the time you are finished, you'll have a clear view of where you wish to be in ten years and how to get there.

  • Plan for your financial future. Look at all of your current expenses and your income and find out where you can cut unneeded expenses. You should also look at diligently paying down any outstanding debts you currently have. Credit card debts can eat you alive in interest, so these should be the first to go.

  • Begin a savings plan that covers six months of your expenses should any catastrophes occur. It may mean living lean for a while, but having a cushion in your monetary accounts gives you security and peace of mind.

  • Start with your job. Whether you are looking for work, or looking to get promoted to a better paying job, you need to have a plan of action that can put you where you need to be. This means taking into account what type of courses, certifications or degrees you may need to get the job or position you want.

  • Map out any family plans that you and your spouse hope for. As a woman, you need to take an assessment of your current health. If you could use to lose a few pounds or have a healthier diet, that is something you can begin taking control of one to two years before you hope to conceive. It is also a good idea to begin planning for savings and college funds for the children in your future.

  • Save for your retirement. By using your company's 401k plan, or your own IRA or other savings account, you can begin saving for your retirement at any age. With the cost of living increasing, and the stock market's ups and downs, saving for your retirement in your twenties is not too soon. Even if you are older, talking to a retirement planner can help you get back on track for an enjoyable retirement.

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