Just as you wouldn’t set out on a trip without a road map to guide you, you need a plan in order to achieve financial success. Now success means different things to different people. There is no ‘one size fits all’ definition or path. Today’s post will be the first of a six part series.

The first step of your journey is answering the question – What is your financial mission? Companies find it hard to succeed without defining a mission statement and the same applies to individuals. People often confuse a mission with a goal. A mission generally ISN’T a finite goal like buying a home. Your financial mission is a broad statement that identifies your long-term purpose for developing a financial plan. An example (and my personal mission) to be financially independent. I would urge you to take some time and really think about what your mission is. It may be retiring with two million dollars or it may be as simple as living a comfortable lifestyle and never really retiring. Stay tuned and tomorrow I will discuss setting financial goals.