Tips for investing for your financial future

Where do you see yourself five years from now? How about 10? Maybe you plan to purchase a home by then or hope to fund a loved one’s college education. You might be considering longer-term goals as well, like building wealth to establish a legacy or enjoying a dream retirement.No matter your future plans, investing can help you achieve those goals. Here are six tips to help you get started and take your planning to the next level: Build an emergency fund. Saving and investing are both important strategies for reaching your financial goals, but they have different purposes. Saving cash can help keep you covered in the short term while investing can help you potentially grow your money to reach your long-term goals. Consider saving an emergency fund to cover 3-6 months of expenses, or perhaps a bit longer, depending on your situation, for any unexpected emergencies. You don’t want to be in a situation where you’re forced to sell your investments to cover an emergency. Pay down high-interest debt. Not all debt is created equal. It’s possible to invest for the future while you’re paying down debt. A good practice is to pay down any high-interest debt before...