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.
Catch me in my live training events! (quick plug)
The heart of why I do this seminars is I want to build a generation of Filipinos with the right foundation in stock investing. I want to bring smart investing to every Filipino around the world! If you would like to know more on how you could time the market checkout the trainings below.
Stock Smarts Qatar — February 5 – 10, 2019
Make Money, Grow Money (Manila) – February 13, 2019
Investing Insights (Dubai) – March 1, 2019
Stock Smarts Manila — March 9, 10, 16, 17 & 23, 2019
Stock Smarts Cebu — April 6 & 7, 2019
Investing Insights Japan – April 13, 2019
Stock Smarts Singapore — May 18 & 19, 2019
Stock Smarts Iloilo – July 6 & 7, 2019
Stock Smarts Cagayan De Oro – July 20 & 21, 2019
Stock Smarts Hong Kong – August 11, 2019
Stock Smarts Taiwan – November 2, 2019
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.
