Your Financial Goals Deserve a Christmas Gift Too
Do you want to save/invest more towards your financial goals - your real estate goal, higher education goal, retirement goal, new car, child’s education or wealth accumulation goal? You can do just that by keeping within your budget this Christmas.
Think about this:
• Every dollar you save or invest, towards your financial goals = you achieving your goals
• Every dollar someone gives you or spends in your business = you achieving your goals
• Every dollar you give or spend as a customer = someone else achieving their goals
• Every dollar you give as a Pixie, Secret Santa, or gift giver = someone else achieving their goals
We will always be contributing towards each other’s goals. The question is, “When you think of your various bills and the gifts you want to buy, whose goals currently receive more of your earnings? If the answer is “someone else’s goals” and you would like to prioritize the achievement of your goals, here is what you should do.
Therefore, challenge yourself to prioritize investing in achieving your goals. Here are three (3) easy steps to ensure that, while you spread love to others and their goals, your goals also get a Christmas gift, because you deserve it.
STEP 1: Gift to your goals first. Allocate a portion of your net salary towards your goals and expenses.
|
INCOME |
- |
YOUR GIFT TO YOUR GOALS |
- |
REGULAR EXPENSES |
= |
CHRISTMAS BUDGET |
|
Net Salary (Excluding Bonus) $ |
$ |
$ |
$ |
|||
|
Bonus $ |
$ |
$ |
$ |
|||
|
TOTAL =$ |
$ |
$ |
$ |
STEP 2: Determine the best account to save or invest your money. This will also help you to determine which savings account/s are ideal for you, as well as which combination of stocks, bonds and/or or other assets are the most appropriate, based on your risk profile and timeline. We will also eliminate the hassle of managing it yourself as we will do it all for you.”
STEP 3: Determine your budget for each gift, this could include a JMMB Gift Certificate. After factoring in your goals, your monthly expenses and Christmas expenses; determine how much you will spend on gifts and then allocate a budget for each gift.
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NAMES OF LOVED ONE |
BUDGET FOR GIFT |
WILL YOU CONSIDER A JMMB GIFT CERFITCATE |
|
|
|
(Yes/No) |
|
|
|
(Yes/No) |
|
|
|
(Yes/No) |
|
|
|
(Yes/No) |
|
|
|
(Yes/No) |
|
TOTAL |
|
(Yes/No) |
Do you want this Christmas and beyond to be merry and bright, for you too? Gift your financial goals too, after all you deserve it. To get started please call (876) 998-5662.
Written by Michelle Sinclair-Doyley
Manager, Group Financial Partnership Support & Financial Education, JMMB Group