#2/15 How much do you need?
Now that you know what you want to do, the next step is figuring out how much will you need to do it. Again, depending on your inclinations the amount will vary. A very wise and practical advice is creating an emergency fund, a small well of money for a rainy day. Saving 6 months worth of expenses is practical and that way you’ll have a safety cushion and feel safer while pursuing your goals. Having a plan and set short-term goals is an important aspect for getting a better handle of your money.