#1. Set Financial Goals
As an entrepreneur it is very important for you to develop clear financial goals – short-term, medium-term and long-term.
Consider what financial milestones you want to hit in six months, a year, 5 years and 10 years from now, and write them all down.
Setting financial goals helps to guide and motivate you, and also helps you track your progress per time.

#2. Have a Plan of Action
Now that you have set your financial goals, the next thing is to have a plan for achieving those goals. Your plan should be clear and realistic enough to guide you on the necessary steps to take towards achieving your goals.
You could for instance have a ‘Daily Action Plan’ detailing what you must do everyday to enable you achieve your set goals.
Also review your plan from time to time and adapt as your situation changes.

#3. Always Have a Budget
A budget is a fundamental tool to help you reduce debt, save money, and plan for big expenses.
Make a plan for your money so you’re spending less than you earn.
Spending less than you earn is the very cornerstone of financial success.
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