Four Steps to Financial Success Pittsburgh PA

If you’re a college student who wants the guidance of a financial planner but can’t necessarily afford the high price tag, then follow these four simple steps and take charge of your own financial plan. 

Step 1: Take Your Financial Snapshot

First, you need to know exactly what you’re working with: your assets, liabilities, income, and expenses.  Recognizing these items is very important if you want to manage your money the right way.  First, focus on your assets and liabilities.  Assets are the things you own and liabilities are things you owe.  Write all of your assets and liabilities on a sheet of paper and assign dollar values to each of them.  Next, you can calculate your net worth by subtracting the value of your liabilities from your assets.

Step 2: Define Your Goals

Take the list of assets and liabilities you wrote down and next to them write what you would like to own and what you owe.  There’s no wrong answer and your goals don’t have to be limited to just assets and liabilities.  Think of vacations, gifts, and family, too.  Once you’ve written down your list of goals, rank them in order of importance.  By writing down your goals and prioritizing them, you’re already on your way to achieving them.  If you don’t believe in the importance of writing down your goals then consider this: A famous Yale study found that the 3% of Yale graduates who had writ

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