Financial Stage 2: Stabilizing

Are you in Financial Stage 2: Stabilizing? You are at Financial Stage 2, Stabilizing, once you have calculated your personal net worth, developed your financial plan and budget, and you are working on a positive money mindset.  You will remain in this stage until you have achieved a few more financial milestones.  Financial stability is …

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Where to Save Your Financial Independence Fund

Your Financial Independence Fund is your moat.  It is where you first decide to start with the end in mind - Financial Liberation.  I believe there is no more important contributor to your financial future. So, where should you save it? I encourage saving it in a place that isn’t easy to access.  No, not …

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Financial Independence or Emergency Fund?

The words we choose matter. When you save money, would you rather that money be used for your financial independence or for an emergency? I believe when you have your Financial Independence Fund there will be no such thing as an emergency.  Your mindset shift will result in emergencies finding somewhere else to happen. Plus, …

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Financial Independence Fund – How much money?

Your Financial Independence Fund delivers your first taste of financial liberty.  Warren Buffett always looks for a moat around a business to protect it from competition, you should look for the Financial Independence Fund to be your moat protecting you from financial stress.   The amount to keep as a minimum in your Financial Independence …

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The Foundation to Financial Liberation

Without a doubt, the single most important piece to most people's finances is what I call the Financial Independence Fund. I believe when you are looking at your finances you should begin with the end in mind, Stephen Covey lays out this principle in his bestselling book The 7 Habits of Highly Effective People.  To …

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