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Tip: Make an appointment with a financial counselor if you do not know where to start.ģ. There’s always something new to learn when it comes to personal finance. Tip : has a list of five principles to consider for managing and growing your moneyĢ. Once you figure out a new healthy way to think about money, you’ll be able to succeed in your financial wellbeing. Taking control of your finances requires much more than counting dollars and cents: it requires developing a new mindset, new systems, and new habits. It sounds contradictory, but financial awareness is about more than just finances. What is missing there? When it comes to being financially stable, it’s important to understand that sometimes a change in our mindset about money may be what’s needed to see real change. Sadly, at NYLAG we have worked with many people who make a lot of money but have no savings or a lot of debt. Often, people think that the only way to achieve financial stability and freedom is by making more money. If this is your first time doing this, do not worry, we are here to help answer some common questions and start your financial planning today.
Some ways to start building a strong financial foundation are to create plans, draft goals, or start putting into motion the plans you have already created to manage your finances effectively. By Gwen Hartstein, NYLAG financial counselorĪugust 14 ویں was National Financial Awareness Day: a holiday dedicated to developing the financial know-how and practices that build a solid foundation for your financial future.