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Bankrate's 2008 Financial Forecast
Strategies
Knowing what's coming is good. Knowing what to do about it makes it even better.
A 12-step program
   Select a step:
     
12 step program to fiscal health
Stop overspending Save for retirement
Spend within means Improve credit score
Pay off debt Use debt wisely
Develop your core Body building
Identify needs/wants Save even more
Pay yourself first Avoid scams
Get right insurance Financial plan up to date
Keep your financial plan up to date.

When you finally complete the financial regimen you put together, you can't sit back and eat bonbons. It's time to review what you've accomplished, tweak your goals and go back in for another round. 

The goals you started out with may not be the ones you have now. The apartment you first rented turns into the house you own, and could blossom into money-making rental properties of your own. As your financial goals evolve, so should your plan for achieving them.

Although your life is bound to change, it usually doesn't change that fast. You don't have to correct course every day, every week or even every month. A yearly tune-up is enough, unless a major event arises like losing your job, having twins or winning the lottery.

So go ahead, admire your new financially fit shape!

-- Posted: Dec. 10, 2007
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