Checklist to achieve Financial Freedom

Here are a few steps which will not only help achieve financial freedom, but also change your life

• Set Emergency Fund – Save at-least 3 to 6 month worth of living expenses in a separate savings account for those unexpected events in your life .
• Set short and long-term financial goals
• Re-balance your portfolio and boost retirement savings
• Work toward being and staying debt free
• Review Your Financial Situation – Get the right kind of financial help
• Track your spending and identified ways to save money
• Avoid late payment – Enroll in automatic bill payment when you can
• Shop and compare your auto insurance every 6 months
• Save on auto, home insurance – buy all policies from the same carrier with multi-line discount(Multi Car Discount etc)
• Teach your kids about financial responsibility
• Save for your kids college education – with Education Savings Accounts (ESAs) and 529 plans