Path to Financial Freedom

Ronald Man

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€2,99

ath to Financial Freedom" usually refers to the step-by-step journey of moving from financial stress to financial independence and eventually wealth building. The highlights (or milestones) along this path typically include:

1. Foundation Stage

Mindset shift: Understand the value of money and delayed gratification.

Budgeting & tracking: Know where every dollar goes.

Emergency fund: Build 3–6 months of essential expenses.

Debt management: Pay down high-interest debt (like credit cards).

2. Stability Stage

Positive cash flow: Spend less than you earn consistently.

Insurance coverage: Protect against health, life, disability, and asset risks.

Credit health: Maintain a good credit score.