Reevaluate Regularly

Treasure map- it's good to have direction to get startedLife and minds change. When they do, sometimes goals become obsolete. When that happens, it becomes necessary to set new goals or update old goals.

Additionally, it’s good to periodically take a look at how you’re doing in achieving your goals, and to see where your finances are.

Because of that, it’s a very good idea to periodically essentially start the process over again, by first figuring out where you are financially, setting new goals or updating goals to reflect your current financial situation, and then achieving those new, or updated, goals.

For a 16-minute PowerPoint video presentation from professors at California State University, Northridge about the financial planning process, click here.

 

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