Question

What are some of the resources that families and individuals can use to reach their financial goals? Why is it important to take stock of these resources when planning financial goals?

Answer 1

Answer:

There are many ways one can reach their financial goals, to start off, you need a plan, think through what you want to do in order to succeed and have a better future. take time to organize you documents; such as credit card and tax papers you need in order to make a better plan and save up, which is another good recourse, saving up is a good way to fanatically improve your profile. Keep track of your expenses and find your spending leaks, this means to spend less if you want to save up for future travels or such. Create a spending plan; Use a spending plan to ensure your daily spending habits don't overwhelm your goals. Think through what you really want to do and best of all, invest money to reach your goals! Put simply, you have many ways to reach your financial goals, there are options like  maintaining a strong credit report.