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Financial Literacy

 



The first step to success in financial planning, as well as in life, starts with setting goals. One important thing to remember in setting goals is that you need to know what it is that you really want. And another is that you have to believe that you can make the changes you need to make, and that you can and you will succeed. When you set financial goals for yourself, try to state them as specifically and as positively as you possibly can. It may also be useful to state your goal as if it were already happening. For example, I am saving $100 a month for 10 months so that I will have the $1,000 I need for the down payment on a car. If things don't go as you planned, don't look at it as a failure, instead, look at it as a learning experience. Perhaps, all you need to do is to fine tune your financial plan a little. And remember to reward yourself for small successes. The most important factor in making your goal a reality is your attitude, and luckily that is something that you have complete control over.

Additional Resources:

EDWISE: EDFUND'S Online Financial Planning Guide

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Studentdebthelp.org: Budgeting

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How Small Cuts Become Huge Savings

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First Step in Personal Financial Planning

click here

Future Plans for Your Money

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Budget Myths

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Plan for Savings by Making a Written Plan

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Quiz--What's Your Spending Style?

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Financial Education and Tools

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Find Out How to Set and Keep Realistic Financial Goals and Budgets

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Top Ten Features of a Successful Budget

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The Advantages of Living on a Budget

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Why You Need a Personal Budget

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7 Affirmations that Can Lead You to Financial Well-Being

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The Secret to Budgeting Successfully: It's All in the Attitude Dude!

click here

Twelve Reasons Budgeting Can Improve Your Life

click here

How to Talk about Money

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7 Steps for Prioritizing Your Finances

click here

 


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