A Beginner’s Guide to Setting Up Financial Goals
October 13, 2020 | Mason Roberts
Financial goals will get you to where you need to go, but it takes guts to start the process. If you don’t have financial goals set, don't worry, it is not too late! We are going to guide you through the process so you can find financial freedom in your future and show you what to focus on now so you can experience a brighter and more secure future. We’ll also show you what you can do in the event of an emergency so you’re not scrambling to locate fast cash.
How to Set Financial Goals
Step 1. Grab Some Quiet Time
Sit somewhere where you are comfortable. Whether it is under a tree, at your desk, on the sofa, or at your favorite cafe, make sure you are nice and comfy so you have enough time to get your financial priorities in order. If you are in a serious relationship, you might want to do this with them. Ask yourself the following questions:
- Is my life how I want it to be?
- What do I want my life to look like in 5 years?
- What do I care about?
- What would I do if I had all the money I could possibly need?
These questions will help you to realize what is important to you and your future, making it easier to establish goals.
Step 2. Rank Your Goals
Now that you know the things you want to spend money on, you can rank them. Place the most important ones at the top, and the least important at the bottom. For example, if you would rather buy a motorbike than travel the world, put the former higher up on your list.
Step 3. Research
Research your main goal. This will give you smaller steps you can achieve to get you there. If your biggest goal is to open up a cafe on the coast, you need to know all of the costs associated with the setup and running. This way, you will find a way to be successful.
Step 4. Set Up a Budget
Whether it is super simple or complicated, create a budget that is 100% right for you. Include your expenditures and your monthly income. If you live with your life partner, you should include their income too (if you share it, that is).
After you've jotted this down, you'll be able to see if you are currently living above your means. If you've found that you can't afford to save for your goals, then you need to cut costs elsewhere in your life.
Step. 5Ensure Your Plan is Flexible and Quantifiable
Finally, break your goals and savings into manageable chunks. Most people set monthly amounts, but you can set weekly ones if that works better for you. Our advice is to make sure these small, broken down goals are realistic. It also helps to have short-term and long-term goals that give you something to work to. Otherwise, you are only going to get discouraged and potentially give up.
Despite all of your financial planning, emergencies have the power to ruin your budget, your plans, and your bank account. Instead of letting that happen, however, taking out a title loan can be an option to help you sort your problems.
Car Title Loans
What is a Title Loan?
A car title loan is a short-term loan option type that allows you to leverage the title to your vehicle in order to secure up to $15,000. Because title loans are based on your title, your credit score isn’t taken into consideration. We welcome all credit scores – good, bad, average, and nonexistent.
The Benefits of Title Loans
There are a few benefits to online title loans and using one when you are in an emergency. For starters, they’re fast. Boasting a short, online form that takes minutes to complete followed by our representatives contacting you almost immediately after you submit, the entire process can take as little as 30 minutes. This means that, in just 30 minutes, you can receive your emergency funds. You also get to keep and operate your car as you normally would for the duration of the loan.
Applying for a Title Loan
You already know that you have to fill out a quick online form in order to secure your title loan in Arizona and you already know that you’ll receive a phone call from a representative who will invite you to your nearest store location for a face-to-face meeting. During this meeting, you’ll be asked to provide a few pieces of information, which include:
- A valid driver’s license
- Proof of income
- Proof of residency
- The vehicle title that’s in your name
Once the information is reviewed, you’ll find out how much money you’ll receive and the funds will be deposited directly into your bank account in a few hours. Yes, it really is that simple to find title loans near me, we promise. What are you waiting for? Fastrack your financial future by handling your emergency today.