Saving For the Future is About More Than Just Oil
What is Your Plan to Safe Guard Your Life Goals?
I have been thinking about this a lot lately. It has probably been apparent from reading some of my previous posts. I am very excited about the prospect of alternative fuel vehicles, but also things as simple as saving money on clothes and other daily needs.
In the past few weeks I have been mulling over a lot of things relating to this. How secure is my job? Were can I cut expenses in my home, and life. How can I make extra streams of income? Is my home secure? These are all important questions people should be asking themselves in light of the current economy in our country.
Lately I have been digging around for different ways to manage money. I have come across some good resources which help you to save more money, but looking at all these questions has made me realize I do not have a clear vision of what might come in the long term.
Now none of us can know what to expect down the road, but there are things we can do to try and prepare for the future. In addition to saving money, having a survival plan in the back of our minds is very important. I found a great resource at Bills.com when I was researching long term financial plans on Google.
I stumbled across their Bills IQ test which is actually pretty cool. It is a quick test that you can do in about 3 minutes that rates your financial knowledge on things like Credit counseling, Budgeting and Planning for the Future. I took the test and scored a 91% A, and most of my suspicions were confirmed when I scored the lowest on the “Life Plan” section. I definitely need to start looking toward the future.
I also realized that most my short term financial decisions are pretty good. I think having recently purchased a house, and paying close attention to the news and economy has really helped me focus on good short term planning.
The main thing I’ve learned,
Is to look to the Future.
Long term can start now.
I think people should really start looking toward the future. I see too many people I know squandering money day after day as though they just need to make it to the end of the month. The things I have learned lately makes me realize that planning for the unknown is just another important part of life. Regardless of what it relates to.
