By Debi Keay
We start the new year with fresh inspiration on many fronts. Perhaps this year, you’ve vowed to give your personal finances some needed attention.
Yes! But where to start?
Renovating your financial life is a great idea! Unfortunately, for many, that initial rush can quickly give way to a sense of futility. Desmond Henry, a Certified Financial Planner (CFP) in Topeka, Kansas, knows that for many of his clients, getting started is the hardest part.
"Sometimes focusing on lofty money goals like building a retirement nest-egg and paying down hefty student loan debt can feel so impossible to achieve that it actually paralyzes us and we end up doing nothing," says Henry. "Instead, create baby steps and focus on accomplishing small money wins.”
"Sometimes focusing on lofty money goals like building a retirement nest-egg and paying down hefty student loan debt can feel so impossible to achieve that it actually paralyzes us and we end up doing nothing," says Henry. "Instead, create baby steps and focus on accomplishing small money wins.”