Living a Richer Life: 7 Steps To Financial Freedom [Infographic]

LIVING A RICHER LIFE

7 STEPS TO FINANCIAL FREEDOM

1) CLARITY

When you figure out where you are and where you want to go

2) SELF-SUFFICIENCY

When you earn enough money to cover your expenses on your own

3) BREATHING ROOM

When you escape living paycheck to paycheck

4) STABILITY

When you have six months of living expenses saved and bad debt, like credit card debt repaid

5) FLEXIBILITY

When you have at least 6 months to one year of your income saved

6) FINANCIAL INDEPENDENCE

When you can live off the income generated by your investments forever so work becomes optional

When you have more money than you'll ever need