In financial planning, the first step is knowing where you stand. We’ve listed four life stages as guide for you to identify your current status, which we will roll out in the coming days. For our first roll, we shed light on the GETTING STARTED life stage.
Up to beat with the times, the Getting Started life stage is about finding yourself and breaking boundaries. Here, one builds assets for their own needs. At times, the motivation is about keeping up and even surging ahead of the pack – no matter the cost.
It is the era of accumulating debts, burgeoning responsibilities, and a general sense of being disoriented when it comes to priorities. Thus, spending becomes the ultimate goal of the money they earn, instead of a means to bigger dreams. But as one learns to support himself, Getting Started becomes the jumping point towards financial maturity.
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