At the heart of every good financial plan is a basic strategy for spending and saving. But budgeting doesn’t have to be complicated. Learn a two-step approach to budgeting that can work for you long-term and isn’t time consuming.
One major component of financial wellness is being prepared for large, unplanned expenses. Learn what an emergency fund is and how it can help, a benchmark for how much you should set aside, and where to keep it.
Some people have different types of debt, such as credit cards, mortgages, auto loans, or student loans. Learn how you can approach paying down your debt based on interest rates and prioritize what is considered “toxic debt”.
FIRE stands for Financial Independence Retire Early. This movement is all about being financially free. Once you define what financial freedom means to you, think through your current cost living and retirement goals to determine what a plan to work towards this goal would look like for you.