You need to set goals for every part of your life.
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o set up goals is another way to talk about vision. To be financially free, you have got to develop both a saving culture and an investment culture. The saving culture is about keeping something (Money) possibly in the bank within your reach in case of emergency. You save against the raining day. Whereas investment culture is a long term financial deposit that can not be easily reached. It is meant for multiplication.
The crux of the matter is your answer to the following questions.
What is your goal for saving and investing?
Why do you put money in the bank?
Why must I put money in the bank?
Why do you need to invest?
What must you invest in?
What percentage of your income do you save every month?
What percentage of your income do you invest?
What is your monthly cost of living?
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