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Every journey starts with one step, then another, then another. Be prepared not for what you have but for what you do not and want to plan in future.
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Check your Finances • This can be as simple as listing all your assets, including incomes and work out your expenses. • This will give you an idea how much cash you have available to invest
Get a pre-approval • Going through a broker before applying for a pre-approval can be beneficial if you’re not sure you’re financially ready to invest. • Find out if you qualify for a loan • Consider if your debt or credit card limit can reduce or not.
Set Your Goals • In order for you to achieve your goals, you must first articulate what your goals are. • Make assure that you have a complete backup regarding your goal plan.
Start Budgeting • It’s not quite sexy if you start budgeting for your investment. • It allows you to see where you’ve been spending your money. • It helps you to plan for bigger expenses down the line.
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