A financial roadmap is a simple visual guide to help you remember your financial priorities and long-term goals. It’s designed to help you maximize your money by prioritizing short-term goals with longer-term goals in mind.
Your map may include points for:
- Conduct a spending analysis
- Creating savings strategies
- Professional growth
- Investing for long term
- Planning retirement
- Tax management
- Protecting assets
- Estate planning
When you look at your financial roadmap, you can ask yourself whether a financial decision you’re making today will take you off your desired path – or keep you on it.
