Set Your Goals
You need to decide what you WANT and what you NEED.
Evaluate your current financial situation. Take a broad look at the way things are now. You can call this step taking stock, taking inventory, or even taking a step back to see the big picture. Whatever you call this step - don't skip it.
Make two lists: a WANT list and a NEED list. As you decide what to add to your lists, ask yourself the following questions:
- Why do I want it?
- How would things be different if I had it?
- What other things would change if I had it? (for better or worse)
- Which things are truly important to me?
- Does this match my values?