Today we will talk about the Nine Steps To Financial Freedom. What I will do is give a clear game plan from start to finish, that will help you get from where you are, to financial independence (if you are not already there). Here are the steps:
I. Vision
II. Spending Plan
III. Proper Life Insurance
IV. Emergency Fund
V. Debt Elimination
VI. Retirement Planning
VII. Children0s College Planning
VIII. Advanced Retirement Planning
IX. Mortgage Acceleration
With the exception of the first two steps, the point is not to be anal about them and say that you absolutely can0t begin one until the previous one is finished. This is a general order to follow. You should at least have a game plan to conquer each step before you move on to the next. Let us begin.
I. Vision
I0m sure that you have heard 0where there is no vision, the people will parish0. It0s funny, a lot of people spend a lot of money on financial advisors to help them, but the question is this. Help you do what?! In order to reach a goal you have to KNOW WHAT THE GOAL IS! So before you begin, ask yourself these two questions.
1. What do you plan to do when you retire? Do […]

Full Article At: KnowHow-Now.com Articles

Bookmark to: