🚀 Build Your Wealth on Autopilot 🚀

Do you feel stuck when it comes to your finances? Maybe you're making progress, but it’s inconsistent. Or you’re saving a little here and there but not sure if it’s enough. That’s where a 5-year financial plan comes in!

A strong plan isn’t about micromanaging every dollar—it’s about creating a system that grows your wealth automatically so you can stress less and enjoy life more. Let’s break it down step by step.

Step 1: Define Your 5-Year Financial Goals 🎯

Start by asking yourself:
✅ Where do I want to be financially in five years?
✅ What major milestones do I want to hit? (Debt-free? First home? $50K in investments?)
✅ What does financial freedom mean for me?

💡 Pro Tip: Be specific with your goals. Instead of saying, “I want to save more money,” say, “I want to save $25,000 for a house down payment.”

👉 Want a guide to setting goals that stick? Read How to Set Financial Goals That Stick.

Step 2: Create a Spending Plan That Supports Your Goals 💸

A solid spending plan ensures every dollar has a job. Start by:
📌 Tracking your expenses – Know where your money is going each month.
📌 Finding areas to cut back – Identify unnecessary spending that’s not serving your goals.
📌 Allocating money toward your future – Use your spending plan to prioritize saving and investing.

💡 Use your Mojo Number! This gives you a clear amount of guilt-free spending money each week so you can enjoy life without wrecking your progress.

👉 New to the Mojo Number? Check out Find Your Mojo Number to learn how it works!

Step 3: Automate Savings & Investments 💰

The easiest way to build wealth is to set it and forget it!

✅ Set up auto-transfers to your savings and investment accounts.
✅ Use employer-sponsored retirement plans (like a 401(k) or 403(b))—especially if there’s a match!
✅ Open a Roth IRA or brokerage account and contribute consistently—even if it’s just $50/month.

💡 Pro Tip: If you get a raise, increase your savings rate before adjusting your lifestyle.

👉 Want an easy way to invest? Read Smart Investing Steps: Automate & Diversify to learn how to make investing simple!

Step 4: Pay Off Debt the Smart Way 🚫💳

Debt can hold you back from wealth-building, so have a plan to eliminate it efficiently.

🔹 Use the Avalanche Method (paying off high-interest debt first) to save the most on interest.
🔹 Or try the Snowball Method (paying off the smallest balances first) for quick wins and motivation.
🔹 Automate minimum payments and add extra payments toward your target debt.

💡 Balance is key! Keep saving while paying off debt so you don’t fall behind on your goals.

👉 Not sure which method to use? Read Debt Snowball vs. Debt Avalanche: Which One Works Best? to decide the best strategy for you.

Step 5: Track Your Progress & Adjust as Needed 📊

Your plan doesn’t need to be perfect—it just needs to be consistent!

✅ Check in quarterly – Are you hitting your savings/investing targets?
✅ Adjust as life changes – A new job, a baby, or unexpected expenses may require tweaks.
✅ Celebrate milestones – Hitting a $10K savings goal or paying off a credit card? Acknowledge your wins! 🎉

💡 Remember: Small, consistent progress beats short bursts of effort every time.

👉 Need help tracking your progress? Download Your Money Mastery Checklist for a step-by-step guide!

Final Thoughts: Start Today & Let Your Money Work for You!

A 5-year financial plan isn’t about perfection—it’s about creating a system that builds wealth automatically so you don’t have to stress about money. Start today by setting clear goals, automating savings, and tracking your progress. Your future self will thank you!

Want a guided path to financial freedom? Check out Money Mastery Bootcamp to take control of your finances with expert coaching and a supportive community! 🚀