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Set financial goals to stay motivated from "summary" of Debt Free for Life by David Bach
Setting financial goals is a critical step in achieving financial freedom. Without clear goals, it can be challenging to stay motivated and focused on your journey to becoming debt-free. When you have specific targets to work towards, you are more likely to stay on track and make progress towards your ultimate goal of financial independence. It's essential to set both short-term and long-term financial goals. Short-term goals can help you stay motivated in the present and provide you with a sense of accomplishment as you reach each milestone. Long-term goals, on the other hand, give you a clear direction and purpose for your financial journey. They can serve as a roadmap to guide your financial decisions and keep you focused on the bigger picture. When setting financial goals, it's important to make th...
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