Budgets, Debt Management and Financial Planning for Women

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  • Step 8: 2013 Financial Plan

    Step 8

    Take another look at your goals as well as the cost and timeline associated with each one. For example, if you’d like to replace your car in 2 years and know that you will be able to sell your current vehicle for $10,000 and expect the new one to cost $25,000 (including taxes and other costs), you will target savings of $15,000 over 24 months which equals $625 per month.

    Do this for each of your objectives and review the order of priority.

    You’re almost finished!

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