The Delgados are in the stage of the financial life cycle. This stage is the foundation for the efforts that continue during the latter two stages. It is crucial to have a sound financial plan, based on controlled goals and important spending important goals and controlled spending one goal and a large amount of spending , to guide them. The longer financial goals are postponed, the more impossible they may seem - another reason for continuedspending and saving inaction and procrastination action and success . Establishing a financial plan is the first step toward inaction and procrastination action and success making goals and spending . (Select from the drop-down menus.) Building personal financial knowledge will enable the Delgados.