financial goal planning

A Beginner’s Guide: Set Up Your Financial Goals

Establishing financial independence is a rewarding feat, which is why most of us are constantly looking for ways to stand on our own feet. However, reaching financial security in today's age takes time, patience, and effort. Setting financial goals is the first step in achieving financial stability. If you're one of those people that is itching to reach their financial goals, continue reading over this beginner’s guide where we’ll break down how you can set and accomplish these goals. Furthermore, here’s how you can find fast emergency money in a pinch with either payday loans or car title pawns Alabama.

How to Set Up Your Financial Goals

Step One: Be In The Right Mindset

The first step is to simply be in the right mindset. There is no point in trying to set up your financial goals if your head isn't in the right place. Speaking about the right place, you need to get comfy too. Whether it's on the couch or sitting at your dining room table, choose somewhere comfortable to help keep your focus.

Oh, if you live with your life partner, it's a good idea to involve them in this process too. That way, you can support each other so you can both achieve your goals.

Step Two: Write Down Your Goals

Now it's time to set your goals. Whatever you want to do in the future, write it down. Whether it is traveling the world, staying at giraffe manor, or buying a brand-new gaming computer, you need to jot it down.

Step Three: Write Down Your Monthly Income and Expenditure

Keeping track of what comes into your bank account and what goes out is key. Why? Because then you can clearly see whether you are living above your means. But what does that mean? Well, if you are spending more than you are making each month, then you are living above your means. This will have to change if you want to meet your financial goals. To cut down your expenditure, try the following:

  • Always grocery shop with a list. Do not enter a store without one.
  • Use discount codes when you do your grocery shopping.
  • Cancel all subscriptions that you are not using.
  • Turn lights off when you leave a room.
  • Unplug appliances when they are not in use.
  • Turn the central air down.

Step Four: Rank Your Goals

At this stage, you need to take a look at all the goals and decide which is the most and least important. Writing them down in order will help you stay on track.

Step Five: Breakdown Your Goals Into Smaller Chunks

Your goals are likely rather large. So, to make them more manageable, break them down into chunks. This way, you can feel accomplished at the end of every month when you save the predetermined amount. For example, you might want to save $100 a month to get you where you want to be. Ensuring you can monitor this is key to success.

These goals take time to reach, however, which isn’t helpful when you encounter a financial emergency that requires same-day emergency cash. When this happens, Alabama Title Loans, Inc. can offer you two loans to help you when you need it most.

Your Loan Options

We offer two different loan types that you can apply for and be approved for in a pinch and here’s how they both work!

Car Title Pawns in Alabama

A title pawn is a short-term loan option type that specializes in granting you up to $15,000 when you offer up the title to your vehicle as collateral. Because the title pawn is based on your title and the condition of your car, you can secure this loan without a great credit score. We won’t even check your credit score in order to determine your eligibility. Here’s what you need to supply in order to secure it:

  • Your driver’s license
  • The title to your vehicle
  • Your vehicle for inspection

That's all you need to supply and the funds are deposited directly into your bank account for you to use as you see fit. We make finding title pawns online easy and painless. 


 Payday loan and title loan


Payday Loans in Alabama

No car? No problem! Another short-term loan type is payday loans which allow you to be approved based on your employment. With payday loans, you can receive up to $500. Payday loans are based on your employment which is why they aren’t based on your credit score. Like title pawns, we won’t use your credit score to determine your eligibility. Here’s what you need to supply in order to secure it:

  • Your driver’s license
  • Your most recent paystub
  • A blank check to your bank

Serving several locations throughout the state of Alabama, we make your search of finding title pawns near me and payday loans near me easy. We also match you to your closest store location. Start your fast application today by navigating over to our homepage where you can fast track your financial relief.


Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.