Let’s say you have big dreams that you want to go after, you will need to create a plan, strategy, and budget to allow you do achieve that dream. So, how do you do that?

It depends on what your dreams are and what they will require. It will also depend on your current personal finances and where those are at. Will you be able to cash flow your big dreams, can you create a vision and plan going forward so you can use your personal finances to make your dreams a reality? Or will you be looking at taking out a loan to make your dreams come true? 

Planning ahead for this big dream and starting to save for it as soon as possible will be important. If your big dream is a tropical vacation, you can save up money for a couple of years and go. If your big dream is a lake home, well this is going to take a little, (ok, a lot) longer and you will likely need to save for a down payment plus take out a mortgage. If your big dream is to start or grow your own business, is this something you want to pay for in cash or are you willing to take on a business loan? 

Take a listen to the whole episode to Learn How to Budget for your Big Dreams. 

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