We all have hopes and aspirations – to purchase a new car or a better house, to put the children through university or college, or to attain financial security and a comfortable standard of living in retirement – but realising these goals requires careful planning.
In particular, it means:
1. Setting specific goals – short, medium, and long-term financial and personal goals
2. Making a plan to achieve these goals
3. Implementing the plan and routinely revising it to reflect changes in circumstances