Investors Centre is the tool that can help you turn your big dreams into a reality. It can help you make sure you have the funds to pay for them, set clear short-term and long-term goals, and provide strategies to reach them.

1. Start With Clear Goals

Every successful journey starts with a plan. Whether it’s a road trip or your career, a financial plan is a tool that can help you achieve your aims and get you to where you want to be.

2. Develop a Budget and Manage Debt

The first step in creating a financial plan is to assess where you are now. This includes your income, expenses, assets, and liabilities. Then you can identify areas where you could cut back on expenses or direct more to savings or debt pay-down. A good budget can also help you create immediate, medium and long-term goals that are aligned with your values and life’s priorities.

3. Identify and Track Milestones

Once you have your goals outlined, it’s time to start working on them. For short-term goals that will take two years or less to complete — paying off a credit card, saving for an emergency fund, investing in your first stocks — use a simple percentage-based system. For longer-term goals like saving for a down-payment on a house, or retiring by a specific date, you’ll want to think about it more strategically and potentially incorporate other investment vehicles that can help you reach those objectives faster.