A proposed initial personal financial plan for a young graduate.
1. Get a job that you enjoy and are passionate in..
2. Grow in your chosen career.
3. Save as much as you possibly can.
4. Start investing in your financial education early.
5. Start investing early once you know how to and safely.
6. Compound your investments at > 15% per year.
7. Buy a small car initially.
8. Stay with parents or rent initially; even for those who are married.
9. Build and grow a big initial investment capital first.
10. Acquire your first home once you have reached this level.
11. Continue to invest and acquire more assets subsequently.
12. Periodically, reassess your career, business and financial situation.
lotsofmoney
Have a rich father like Mr.M and everything will be kowtim !
2013-10-31 11:13