emergency

Step 4 automate Your Savings

Step #4 is crucial: Automating your savings can significantly enhance your path to financial independence. By setting up automatic transfers to your savings or investment accounts, you ensure that saving becomes a priority, not an afterthought. This strategy takes the willpower out of the equation, allowing you to build wealth Read more…

By farhad, ago

Step 3 build an Emergency Fund

An emergency fund is your safety net during unforeseen circumstances, preventing you from derailing your financial plans. Aim to save at least three to six months worth of living expenses in a separate account. This fund should be easily accessible but not too convenient to dip into for non-emergencies. Regular Read more…

By farhad, ago