Solidify Your Foundation: Your Budget, Money & Journey
Justin Hearty
With endless information available related to finances, key foundational points are often missed. In order to properly progress through Your Money Journey, a household budget becomes critical.
Take Control Of Your Finances
Creating a budget may seem time-consuming, but there are many ways to simplify this process. If you don’t know where to start or have fallen off track, this article is for you. We will focus on three key points listed below:
- What is a Household Budget?
- The “Less Is More” Mentality
- Forming Realistic Expectations
Your Money Journey
You may be asking yourself “Now that I have money, what should I be doing?” We have created Your Money Journey to answer this and help track your financial progress throughout life. In this article, we will discuss progressing to Mile 3. This grouping captures the beginning of your journey before diving into maximizing your investments. The initial stages are as follows:
- Trailhead – Base Reserves
- Mile 1 – Utilize Employer Match
- Mile 2 – Fully Funded Emergency Account
- Mile 3 – Pay Off High-Interest Debt
About Strategic
Founded in 1979, Strategic is a leading investment and wealth management firm managing and advising on client assets of over $2 billion.
OverviewDisclosures
Strategic Financial Services, Inc. is a SEC-registered investment advisor. The term “registered” does not imply a certain level of skill or training. “Registered” means the company has filed the necessary documentation to maintain registration as an investment advisor with the Securities and Exchange Commission.
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