The term ‘adulting’ means to adopt habits to help you create and maintain a long-term lifestyle of your choosing while acting responsibly as an ‘adult’. One of the most important actions you can take to meet this goal is to create short and long-term personal financial plans. What follows are some valuable suggestions for moving your financial security forward.

Open a savings account and have a set amount of money taken out of your paycheck each pay period. You will be surprised how quickly it can add up. For example, if you set $50 aside twice a month you will have $1200 in a year and $12,000 (not including interest) in a decade. Most people work at least two decades if not more so that $50 can become a nice little nest egg. Remember – don’t touch it unless there’s an emergency!

Start your retirement planning early as well. Think ahead about where you would like to be financially and physically by the time you are 55, 65 or 70, then work backwards to figure how you will get there. Do you want to buy a home? Do you want vacation property? Rental property? Vehicles? Watercraft? Do you want to travel? Put your retirement plan in writing somewhere where you can see it regularly as a reminder that you are working towards a goal.

If you choose to invest in stocks, bonds or similar financial items be sure to diversify. Do not put all of your investments into one financial instrument. That will help ensure you won’t lose everything in the case of a catastrophic event.

Work with a financial planner or consulting group that specializes in financial planning. For instance, ORT Consulting Group has an excellent history and can attend to multiple financial needs, including tax consulting and preparation, business services and more.

Contact the experts at ORT Consulting Group to setup an introductory meeting; consider it the beginning of your education in the financial world. In fact, always be learning – there is a lot to know about personal financial security. We look forward to working with you.