5 things you must do to achieve financial success
Personal finance can be intimidating especially if you are a first time investor. But you can now stay on top of your personal finances by following this 5-point checklist.
1. List down your personal finance goals:
The first step to achieve financial success is to define what exactly financial success means to you. What are the 5 (or even 10, 15, 20) monetary things that you would like to achieve in your lifetime. However, be careful; do not just specify vague goals like “I want to be wealthy”. Go for something specific and measurable like “I want to be a millionaire when I am 40”. The latter are easier to track and achieve.
2. Have a specific portfolio for each goal:
3. Hold a diversified mix of investments:
4. Spend what is left after investing:
5. Stay away from biased investment advice:
You can now plan for your goals with ORO goal advisory services. Further because ORO only offers 0-commission, direct plans of mutual funds, you can be rest assured that we are working only for you and not for commissions. Login to preview ORO goal advisory for FREE