Develop a longterm financial plan for security from "summary" of The Total Money Makeover: Classic Edition by Dave Ramsey
To truly achieve financial peace, you must think long term. It's not just about making a budget for the month or even for the year. You need to develop a plan that will provide you with security for the long haul. This means looking at your financial situation not just in terms of what you need now, but what you will need in the future. Creating a long term financial plan involves setting goals that go beyond just paying off debt or saving for a vacation. You need to think about retirement, emergencies, and unexpected expenses. By having a solid plan in place, you can ensure that you are prepared for whatever comes your way. One key aspect of a lo...
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