Healthy Finance

Financial Goals are Important

Written by Healthy Living

It’s never too early to set financial goals. You can even teach children the value of money with an allowance. In a recent press release, Lakeland Bancorp, Inc. offered these simple tips for healthy finance in your life.
• Create a personal balance sheet to track income and spending.
• Make each goal SMART: Specific, Measurable, Attainable, Relevant, with a Timeline.
• Write down each goal.
• Create a savings bucket (real or virtual) to track how you are saving.
• Set smaller goals that lead to larger ones.
• Include investments in your long-term strategy.
Though it’s not on the list, be prepared for setbacks. When they occur, just revise your timeline and keep going. Do an annual review to see your progress.

About the author

Healthy Living

Healthy Living is unique in a sea of health magazines that only present information on nutrition and exercise. Published by Akers Media Group, Healthy Living goes much farther by focusing on the four pillars of a true wellness — physical, mental, spiritual and financial health.

Healthy Living promotes a healthy, well-balanced lifestyle with easy-to-read features, try-it-at-home exercise programs, and expert advice from financial planners, mental health professionals, and a variety of other leaders in their respective fields.

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