12 steps to financial independence

12 steps to financial independence

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12 steps to financial independence
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Are you working towards financial independence? In this video, we outline the 12-step process that will help you get there. Whether you're just starting out or already on the right track, these steps will put you in a better financial position and help you achieve your goal of becoming financially independent.

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Time codes:

0:00 – Introduction
0:18 – #1 Create career capital
2:02 – #2 Master Budgeting
2:55 – #3 Keep cash
3:40 p.m. – #4 Pay off high-interest debt
4:28 – #5 Control your spending
5:45 p.m. – #6 Have good insurance
7:01 – #7 Increase your savings rate
8:51 – #8 Maximize your tax-advantaged accounts
10:14 a.m. – #9 Create a taxable investment account
11:34 – #10 Diversify your investments
12:29 – #11 Redemption of time
13:21 – #12 Define your ideal lifestyle

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DISCLAIMER: I am not a financial advisor. These videos are intended for educational and entertainment purposes only. I'm just sharing my personal opinion. Please seek professional help if needed.

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