Step 1: Plan your goal

Having a goal is an important step in understanding and planning your finances. It gives you something to aim for and forces you to prioritise. The chances are you won't be able fix everything at once, but if you plan well, you'll be a lot closer to ticking one thing off the list - and a step nearer to good financial health.

Things to consider when you're choosing a goal

Make a list of your short and long term financial ambitions

Seeing them on paper makes them more real, and will help you work out which are achievable.

Focus on one thing that's your biggest priority

You'll find it easier to achieve your goals if you tackle them one at a time.

Be realistic and honest with yourself

If you have debts, you're unlikely to achieve a goal that involves making a large investment.

Not ready to do the 6 step process, skip it.