5 Simple Steps to Make a Long-Term Financial Plan

Queer Money

Full show notes: https://queermoneypodcast.com/podcast/long-term-financial-plan/ ‎

On this episode of Queer Money, we share five steps to creating a successful long-term financial plan, explaining how your long-term, short-term and daily goals influence each other.

Topics Covered

• Why we have such a hard time reaching long-term financial goals
• How long-term, short-term and daily financial goals influence each other
• The 5 steps to creating your own long-term financial plan
• Choosing 1 to 3 QUEER money goals (Quantifiable, Understandable, Executable, Exciting and Relevant)
• The value of knowing the WHY behind your long-term financial goals
• Why we suggest opening separate accounts to fund each goal
• How to automate the process of saving for your long-term money goals
• Why we recommend sharing your financial goals with your LGBTQ friends and family

Resources

• Credit Card Debt Slasher Toolbox
• Go Bigger by Setting Goals the QUEER Way on Queer Money EP076
• 7 Quick Tips to Eliminate Debt Fast on Queer Money EP287
• What’s the Difference Between a 401(k) and 403(b)? on Queer Money EP166
• CreditWise
• Debt Free Guys on Facebook
• Debt Free Guys on Twitter
• Queer Money Facebook Group
• Queer Money on Instagram
• Queer Money on YouTube
• Subscribe on iTunes