A Foundation To Financial Freedom

We all know that if we want to build our dream home strong enough to endure all weather, it should have a strong foundation or else it will not last longer than expected.

It is the same with our finances.

If we are committed to be rich, we have to build a strong financial foundation or else any amount of money that we currently have will never last longer than we needed and wanted.

Financial foundation is a must to every individual who wants to change their life. Building a strong financial foundation is simple but not easy.

Let's start defining this financial foundation.
First, we have to have a protection.
Second, we have to eliminate our bad debt.
Third, we have to have our emergency fund.
Lastly, we have to accumulate long-term assets.

I will expound more on each of this foundation in my next posts.