Journey
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How to Gain Financial Literacy
Stage 1 on the financial wellness roadmap is financial literacy. Financial knowledge supports our journey to achieve our life goals. It begins with financial education and heightened literacy. What is Financial Literacy? Financial literacy is understanding personal finance basics and recognizing the products, services, and tools needed to manage your economic life. Becoming financially literate is an ongoing process, but…
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How to Reach Financial Freedom
Stage 5 on the financial wellness roadmap is financial freedom. From financial independence to being financially free, it’s the stage where you can be and live how you want without the trappings of finances. You’re living the life you choose. What is Financial Freedom? Similar to financial independence, financial freedom means your wealth covers lifestyle choices and expenses. Making money is not a…
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How to Achieve Financial Capability
Stage 2 on the financial wellness roadmap is financial capability. From financial literacy to being financially capable, your ability to use financial products and access tools effectively means you’re onto becoming financially capable. It’s an important stage for economic prosperity. What is Financial Capability? Financial capability is being knowledgeable and capable of making better decisions with your money. You’re knowledgeable…
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How to Achieve Financial Security
Stage 3 on the financial wellness roadmap is financial security. From financial capability to becoming financially secure, the third stage is about peace of mind to meet the financial needs of life and unforeseen circumstances. What is Financial Security? Financial security means enough income to cover your monthly expenses and debt obligations. Being financially secure gives you the power and…
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Your Simple Path to Financial Independence
From financial security to become financially independent. Welcome to Stage 4 on the Financial Wellness Roadmap. Your path to financial independence includes when you have the security of assets and income streams to cover your living expenses for a period of time (or the rest of your life) without having to depend on a paycheck. Stage 4: Financial Independence Financial…
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