Mistakes To Avoid

Failure to Plan is a Plan for Failure: People often spend more time planning a summer vacation than they do their financial future.

Failure to implement a plan: It's like plotting a route on a map and then driving in the opposite direction.

Failure to begin planning early: Generally, the sooner you start, the easier it is to pursue the goals you desire. Saving and investing especially work best if you can start early to allow your investments to grow through the power of compounding.

Failure to organize financial records: Records provide the benchmark for determining where you are and evaluating the progress you make.

Failure to be informed and involved: Ask questions and make sure you know what all of your options are.