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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
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