We all have goals that we want to fulfil in life, the purchase of your first home, getting married to the love of your life, having your first child, upgrading your car, furthering your education and most importantly achieving a life filled with financial wellness.
Who wants to be constantly stressed about money at the end of every month?
Here at Victoria Mutual we believe you can achieve all your life goals by making moves like setting clear financial goals, documenting specific plans towards achieving these goals and acting on these plans.
Achieving financial wellness and being able fulfil our life goals without stress can mean enjoying them so much more.
We recommend making the move towards saving toward, or investing in, the following:
Emergency Fund: Setting aside money means you are financially ready for anything that comes your way. Starting and maintaining an emergency fund may sound difficult at first, but it just requires a little bit of discipline. Just imagine how much safer your family will feel, knowing there is money tucked away for emergencies or opportunities that arise.
Education Plan: Create a savings account to fund furthering your education, if desired, and an account for your children, even if they are not yet born. By doing this, you are creating a future that is stress-free, for both you and the children.
Personal Investment Plan: This helps you create a pathway that will lead to where you want to go with your finances, and guides you in getting there with investment opportunities. By having a personal investment plan, you are setting yourself up for a prosperous future.
Retirement Plan: Let your future self thank you by putting away funds now, so you can enjoy the golden years of your life. We are living longer, thanks to healthier lifestyles and access to modern medicine. This simply means retirement is not the end, but the beginning of new chapter in the journey to explore the world on your time. It helps to have a retirement savings plan, that will help you live a healthy and happy life during retirement.