Beyond the basics of personal financial management
Beyond the basics of personal financial management #1. Stop and smell the roses Getting the essentials of your financial plan in place is a HUGE accomplishment. So before you start stressing about the next step, take some time to reflect on the journey you took to get to this point and allow yourself to feel good about where you are. The fact that you’ve already made so much progress means that the pressure is off. You no longer HAVE to do anything. Now you get to decide what you WANT to do. That’s a great place to be. Enjoy the moment at least a little bit before diving right into the next thing. #2. Revisit your personal priorities You’ve already made a lot of good decisions. Your family is financially secure. You’re working towards financial independence. You’re in good shape. You no longer have to worry about making the “optimal” financial decision or choosing the “right” thing. Instead, take a step back and think hard about what you ...