Business
January 06, 2022
Millennial Talk: Setting Financial Goals - Financial Planning 101
The importance of goal setting can never be over-emphasized, especially when we look at it from the financial perspective. Money always comes and goes, and we spend without keeping record of our spending, until we realise, we have spent so much with nothing to show for it. 

This is not to say that miscellaneous expenses are not important, but it is equally important to add value to our lives through our finances. Financial planning gives us the opportunity to spend with a goal/purpose, that would yield results. 

With economic uncertainties, the rising cost of living, currency devaluation, high inflation, the possibilities of the Federal Government taking decisions on the fuel subsidy removal, and a market-based electricity tariff, millennials need to prioritize their financial health to navigate the socio-economic storm. 

In this edition, the anchor Josephine Eriyo highlights the value of "Setting Financial Goals - Financial Planning 101".


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