Baby steps to financial security

August 9, 2009 in Money

Lately, I’ve been thinking a lot about the future and financial security.

I guess when you’re single, it’s much easier to live by the day carefree.

But when you’ve got a family, you tend to think more about financial stability not just today but for the days to come.

Yesterday, someone asked me how old I was and I paused for a moment and said, “27.”

It got me thinking how I’m nearing the end of the calendar mark and I’ve got to get serious about managing my finances.

I have to admit, I still have to learn how to save and invest. I have yet to get a stable savings account, life insurance or investments portfolio.

Though I have a regular job, my end goal is to have my own business where I get to earn passive income long after I’ve stopped working.

Knowing me, I could get overwhelmed thinking about all the things I need to do so I’m taking the baby steps to secure my finances and my future.

Like implementing the cash allocation method I read in T. Harv Eker’s Secrets of the Millionaire Mind, getting a life insurance quote, learning about mutual funds, and drafting a plan for my online business.

I will take this one at a time and see how it works.

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