How to invest and set up a financial plan – a starter guideM
By The Cash Cottage  •  June 26, 2022

How to invest and set up a financial plan – a starter guide

Have you recently heard of the term “F.I.R.E”- Financial Independence Retire Early? If you are reading this, congrats! You have taken your first step towards retirement! While it is important to invest, earning big bucks from investments alone is not an easy thing to do for an average joe like you and me. However, investing is a necessity. Quoting Warren Buffet, “If you don’t find a way to make money while you sleep, you will work until you die.”

Set a financial goal

An objective comes with every plan, financial planning is no exception. Your first step is to have a clear financial goal allows you to stay emotionally invested, understand your financial situation, and the path the way ahead. You can use a mind map or a timeline to achieve this. A financial timeline example....
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By The Cash Cottage
I am a 26-year-old “Young” adult, working and doing part-time University studies. My story started when I came across the topic of personal finance at the start of this year. After the banks reduce their interest rates, I poured my time and effort to look deep into saving and investing my hard-earned money. I believe many young adults who are stepping into the world of adulting are as lost as me when I first started. My inspirations come from Youtubers and fellow financial blogs, for which I am very grateful for their guidance and now I would like to pass on the knowledge. I hope that this blog will help you in your quest for FIRE and make smarter, informed financial decisions.

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