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You certainly know that every human being has a needs. Needs of adults will always increase over time. From the need to get married, buy homes, private vehicles, having and raising children, and enjoying a happy retirement.

However, to be able to meet all those needs, of course, you need a fund. For example, maybe you know if the current price of a house with an area of ​​96 m2 is expensive. Not to mention the thought of children's school fees are becoming increasingly suffocating your bag. Currently, the fund of a private junior high schools has reached every year, imagine that much money just for education for three years.

This situation certainly raises questions for you, how can I meet all these needs? The answer is to do financial planning as early as possible, and later for fun.

And this is 5 Steps in your financial planning.

1. Check your financial health

Not only your physical health is important, but the health of your financial condition could not be ignored. Actually, the latter case this should be your first priority before maintaining a healthy body, because maintaining a healthy body also requires funding.

The first step is pretty easy. Record with either all of your expenses in one month. You'll be amazed when doing this, because you will see where your money during this drift. In addition, count the entire wealth and debts you have. Pay off all your debts - if necessary by selling your property - before you plan to have something new. If you no longer have the debt, then you have a healthy financial condition.

Do not be afraid if you do not have saving after you pay all debts, because even if you do not have a saving yet, you will do something much better for your own.

2. Dream on!

The second step is to plan your needs. This step is done with dreaming. Yes, you are not wrong, dreaming! Ask in your heart, whatever you want in life. The house? Jaguar cars? Five-star apartment? Having a number of shoes, clothes, and handbags branded? or even a honeymoon to Paris?

Well, if it is, wake up from your dream to see the reality if all your dreams are in accordance with the conditions of wealth and income? If not, go back to dream. However, this time with a more realistic dream. Do not forget to prioritize things what you want to get it first.

One thing to remember, besides the things that please you, put your priority needs in an emergency fund. Emergency fund is a fund for the purposes that you did not expect, such as the cost of inpatient care in hospitals. Surely this is not expected to occur, but there is no harm in just in case.

3. Categorize your financial needs

This step is easy. Simply classify your needs based on the time period. Period is divided into three, namely short-term needs between 1-3 years, medium term needs between 3-5 years, and long term needs for more than 5 years.

4. Identify the type of investment that fits your needs

This step is quite difficult to do, because for some of you, this is a new thing. You can learn it with the help of relatives or friends who have planned their finances very well, hire a financial planner, consultant, or you can learn it on website.

Once you understand the benefits of each type of investment, choose one that best suits with your financial needs.

5. Discipline

All the steps that you apply will be in vain if you do not do it with discipline and high commitment. These two important things that will make everything run smoothly. You want to honeymoon in Paris and enjoy your jaguar, is not it? Be patient! The more you discipline yourself and maintain the commitment, then it is the faster your dreams into reality.

So, begin your financial plan as soon as possible. The sooner you make your financial planning and start to invest, the less funding is needed. This course will benefit you because the more needs you can plan. For example, we give an illustration of financial planning for your child's education fund below.