The Simple Path to Financial Freedom
Personal finance is a complicated subject, and the path to financial freedom littered with those who have given up somewhere along the way.
On the next slides are a few simple (but not necessarily easy) steps to financial freedom. So what are you waiting for? Read on!
Before you run out and get a side hustle or cut the cable, you need to spend some time thinking through WHY you want to get your financial life under control.
Make a Plan (Find Your Why)
Think of this as the research phase. You can’t know where you’re going until you know where you are.
Track Your Spending (Where are You Now)
Controlling your spending in one category allows you extra room in another.
Make a Budget
If you’re just getting started with getting your finances under control, I recommend you scrimp, save, borrow, and steal to put $1000 into an emergency fund.
Establish an Emergency Fund
The first 4 steps were all about breaking the consumer debt cycle so you aren’t constantly financing your lifestyle with high interest credit card debt.
Pay off Debt
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