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4 ways to create your own luck with money
“Luck is what happens when preparation meets opportunity” – Roman philosopher, Seneca
Follow these handy tips to create your own good luck with money.
- Make a budget and stick to it – the aim is to spend less than you make, list out all your regular expenses and look at where you can cut costs.
- Build up your emergency savings – for those ‘bad luck’ occasions (broken down car, flooded home or unexpected injury) aim to have saved 3-6 months worth of living expenses.
- Invest wisely – seek financial advice on what’s best for you and look at having a diversified portfolio.
- Put a plan in place for your financial future – with a strategy that includes measurable goals so you can track your progress. Need some tips on how to set goals and achieve them, read our article here.
Once you begin to view your wealth as a tool for fulfilling your lifestyle experiences and desires, taking steps to plan for and manage your wealth becomes a priority.
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