My 2024 Financial Goals (in my 30s!!)

TL;DR

Justine shares her financial goals for 2024, focusing on budgeting, debt, saving, income, and investing.

Transcript

I'm going to expose my biggest financial goals for 2024 plus I'll share an easy toimplement exercise so that you can come up with your own money goals so that you can spend and save with ease hey guys welcome back to the debt free Millennials Channel I'm your host Justine here we talk about all ways to Achieve Financial confidence Crush debt that l... Read More

Key Insights

• 😫 Categorizing financial goals can help in setting clear priorities and identifying areas of focus.
• 🙈 Ethical considerations can impact spending decisions, as seen in Justine's decision to reduce Amazon purchases.
• 👪 Saving for moving expenses, home furnishings, and emergencies is crucial for financial stability.
• 🎏 Generating passive income through automated systems can provide a scalable revenue stream.
• 🥅 Tracking net worth regularly and seeking coaching for financial guidance can facilitate goal achievement.
• 😘 Moving to a lower cost of living area can positively impact overall financial health.
• ❓ Selling unused items and maximizing income potential are strategies to boost savings.

Questions & Answers

Q: What are Justine's main financial categories for setting goals?

Justine's main financial categories for setting goals include budgeting, debt, saving, income, and investing. She believes in breaking down her financial goals into these areas for better focus and clarity.

Q: How does Justine plan to reduce her Amazon purchases?

Justine plans to reduce her Amazon purchases due to ethical concerns related to Jeff Bezos and treatment of employees. She aims to prioritize buying from companies directly to support them more effectively.

Q: Why does Justine want to save a significant amount for home furnishings?

Justine plans to save a substantial amount for home furnishings as she and her husband are moving to a larger house. They want to ensure they have quality items they love and that will last long, reflecting intentional spending habits.

Q: How does Justine intend to automate her business for passive income?

Justine is working on implementing automated systems in her business to generate passive income. This approach will allow her to scale her business without having to invest more time actively, following advice from her business coach.

Summary & Key Takeaways

• Justine breaks down her financial goals into different categories like budgeting, debt, saving, income, and investing.

• She aims to rethink her budgeting, research mortgage lenders for a new home, save for moving expenses and home furnishings, and automate business income.

• Justine plans to track her net worth regularly, prioritize financial goals, and offer coaching services for those seeking help.