How to Create an Effective Long-Term Financial Plan

Long-term financial planning is a key part of building wealth over time and creating your own success.

Creating an effective long-term financial plan can seem like a daunting task, however. In fact, many people get scared of the idea of creating such a plan, unsure of how they will be able to plan that far in advance.

If you want to create an effective long-term financial plan, here are a few steps you can follow:

1. Determine your goals.

Your first step is to figure out what you want to do with...