Explain financial freedom like I’m five.

In this post, I’m going to jot down a few facts about “financial freedom”.

As Dave Ramsey, repeats his golden steps of ending financial miseries:

1. Clear all your debts first.
2. Save up for emergency funds.
3. Save by paying yourself first.

The world of financial freedom awaits!

How to grow your assets even further?

Invest your money, wisely! Understand the meaning of compounding.

Note:

Avoid online/offline impulsive buying.

Understand the true meaning of assets and liabilities.

That’s it! simple, isn’t it?

Start planning for a better future of yourself and for your loved ones. Feel free to share your experience or wisdom, if I forgot to add something you already know to make it simple in the comments.