My 2024 Financial Goals | Savings, Investing, NEW Debt Plans | Turning 40 Is A Big Deal!
Turning 40 is a big deal in my life because it means we have been doing this for 10 years. It's a time to reflect on past accomplishments but also to set new money goals for the future. For me, we want to focus on saving, investing more into stocks, increasing dividend income and taking on new debt to gain an asset.
One of my top financial goals for 2024 is to increase my savings. I plan to do this by cutting back on unnecessary expenses and putting more money into my emergency fund. I also want to explore different ways of investing my money, such as more ETFS, stocks and more dividend income, to help grow my wealth over time.
In addition to saving and investing, I'm also planning to take on some new debt. While this might seem counterintuitive, I've done my research and found that taking on certain types of debt, such as a mortgage or a business loan, can actually be beneficial in the long run.
Overall, I'm excited to take control of my finances and work towards a brighter financial future. With careful planning and hard work, I know I can achieve my goals as I turn 40 in 2024 and set myself up for success in the years to come.
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Disclaimer Regarding Financial Advice: Please note that the information provided is for entertainment purposes only and should not be construed as financial advice. It is presented without considering the investment objectives, risk tolerance, or financial circumstances of any specific investor, and may not be suitable for everyone. Keep in mind that past performance is not a guarantee of future results, and all investments carry some level of risk, including the potential loss of principal.
Before making any financial decisions, it is important to consult with a licensed financial advisor who can provide personalized advice based on your individual circumstances. Additionally, it is important to do your own research and fully understand the risks involved with any investment before committing your money. Remember, investing is a long-term game and success is often achieved through patience, discipline, and a well-diversified portfolio. So, take your time, educate yourself, and make informed decisions that align with your financial goals and values. 00:00 Introduction 01:15 2024 Money Goals - Background 01:29 Our Money Past 03:38 Starting at age 30 05:55 Our 2024 Word of the year and why 08:20 New debt? 09:11 1st Money goal 11:54 2nd Financial Goal 15:14 3rd Financial Goal 16:33 4th Financial Goal 18:05 5th Financial Goal 19:08 Quick surprise... 19:50 6th Financial Goal 20:14 Some personal goals 22:37 Final Tidbits
