Why only reading this? Let's take action and make a plan to develop your wealth mindset!
Your way to financial success
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- Financial
- Mindset
- Career development
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- Financial and wealth situation (How much do you have: all bank accounts, all assets etc.)
- Income situation (How much do you earn per month? Is this stable?)
- Cost situation (How much do you need per month?)
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Set specific targets for mid- and long-term (e.g. 5.000€ more in assets in one year)
Here is an interesting article on how to set targets to build generational wealth.
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- Make a concrete action plan to achieve your goals
- Prioritize your goals according to your preferences and the expected outcome
You can use this template to get started.
Precision your plans!
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Conduct you plan and do not fall for obstacles!
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- Review when major changes occur (e.g. raise in wage)
- Set yourself review dates to rework your plans based on the current situation
Financial Targets
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- Do not over-manage, do not panic, when you lose something.
Source of content: https://www.youtube.com/watch?v=ensZI-0zAhs
Source of image: https://www.factorone.net.au/blog/factorone-finance/how-long-is-too-long-to-wait-for-payment, https://www.freepik.com/free-vector/two-employees-with-obstacles-their-way_901524.htm