Robert Brokamp

Many of the dot-com darlings eventually disappeared.

which is why we here at The Fool recommend that you own at least 25 stocks across multiple sectors.

And I believe most investors in individual stocks should also complement that portion of their portfolios with a globally diversified mix of low-cost index funds.

In fact, that's what I do.

Next up, calculating and automating the amounts you need to save to accomplish your financial goals when Motley Fool Money continues.

Evening.

What?

Greetings, fools, and welcome to month two of our 2026 Financial Planning Challenge, which we're calling A Year Well Planned.

During this year, on the first Saturday episode of each month, we will focus on a key component of a financial plan, including spending, investing, insurance, retirement planning, estate planning, and taxes.

If you follow along with us throughout 2026, you will end this year in the best shape possible, perhaps in the best shape you've ever been.

Here to discuss this month's installment is my foolish colleague and certified financial planner, Stephanie Marini.

Welcome, Stephanie.

Hi, Stephanie.

So tell us about the main goal of this month's installment of The Year Well Planned.

Exactly.

So it's essentially the old pay yourself first, or as we're going to talk about, pay your debts first, making sure that your priorities are funded before your frivolities.

And you broke this month's segment into four steps.

So let's go through them, starting with step one, a January recap, map the entire flow.

Yeah, and just as a reminder, we talked last month too about finding a tool that will help you track your spending.

and your net worth.