13 Aug '17, 12am

A Guide for Young Adults to Financially Plan for Getting Married, Renovation and Baby

A Guide for Young Adults to Financially Plan for Getting Married, Renovation and Baby

These steps will work to plan for milestones that are close together but also if they are spaced out. This is not just for wedding, baby and home renovation The goal is always to live a life within your means. This means not to live a life that as a couple you are unable to service You are matching your cash inflows (typically your job) with the two main categories of outflows: your annual expenses to live a life and the cash outflows required for these early financial milestonesIf your cash inflow is too little that cannot support your cash outflow, reduce your cash outflow If your annual expenses to live a life is too much relative to your cash inflow, you will not have enough to meet these milestones If you have too wild of a requirement for the milestones, you need to severely reduce your annual expenses to live a daily life or you need more cash inflow. Otherwise you ...

Full article: http://investmentmoats.com/uncategorized/guide-for-young-...

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