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4 Pitfalls of Not Having a Financial Plan

Carson Wealth

Debt management: Develop a strategy to pay off existing debts efficiently, minimizing interest costs. Insurance coverage: Evaluate insurance needs for health, life, disability, long-term care and property, ensuring adequate coverage. What Could Happen if You Don’t Have a Financial Plan?

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How Will My Financial Plan Change Over the Course of My Life?

Carson Wealth

Now is when you should be more focused on managing debt and planning for – not just looking toward – the future. Debt management: In your 30s it’s important you manage debt obligations carefully. This can include reviewing what insurance you have and if it’s still needed or if you need more.

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12 Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

your short, mid-term, and long-term goals) The right types of insurance coverage (Life, health, disability, home, etc.) Pay off debt When you make your money plan, be sure it includes a debt management system and a plan for paying off debt.