TIME TO CHANGE YOUR FINANCIAL PLANS | Marvin Germo

TIME TO CHANGE YOUR FINANCIAL PLANS

By: Marvin Germo | February 9, 2019

When is the right time to change your financial plans?

Is it 30, 40, or 50 years from now? The answer varies and most of the time, it’s now. There is no concrete timeline for you to change your financial plans and goals. Life just happens and you need to make an adjustment. It is for you choose, are you going to let your future financial troubles drain your pockets? Or are you willing to add more on the list of your plans to become financial free sooner? If you think you are on the verge of losing from your financial mistakes, here’s the top reasons why now is the time for your financial plans make over.

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You have kids and you’re the breadwinner?

Having to provide the needs of your family is quite a tough challenge. Whether you have kids or you are the breadwinner, you need to list them as part of your long-term plans. If you’re anticipating that there is still a long road ahead of you, it’s now time to amend your financial plans you made when you were still single. Start looking for ways to preserve your assets so you can take care of their long-term needs.

You’re experiencing financial setbacks

Financial troubles are inevitable. Even rich people experience being in a situation where they need to adjust and cope from financial setbacks. If you are losing a significant amount from your investment, expecting a decrease in income or increase in expenses, or even losing your job, now is the perfect time to think about changing your ways. As soon as you change your financial game plan, the impact of these setbacks will be lesser than what it could do to you if you don’t make an immediate action. Being prepared is a key.

You’re aiming for early retirement

Choosing retirement over temporary great lifestyle is a wise choice. Now that you’re aiming to retire early, it is best to improve your financial goals and focus on your dream financial freedom. If your financial plan is still set to achieving luxuries and temporary material stuff, change your game. Look for more channels where you can grow the money that you set aside for upgrading your car or buying a new phone. Rather than losing your income to the things that will soon wither or lose value, put it into something that you can sow when your age of retirement comes.

New book and other books on Investing, Business and Finance.

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
For more details and to order my other books: Marvin Germo Book Orders
Stock Smarts Book