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The 7 levels of financial freedom

Fundación MAPFRE

Created on January 31, 2023

The 7 levels of financial freedom

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Transcript

THE 7 LEVELS OF FINANCIAL FREEDOM

Money isn't a concern.You have more that you'll ever need.

Abundant wealth

Financial independence

You can live off the incomeyour investments generate.

You have at least two years of expenses saved.You could take a year off work.

Flexibility

You have no "bad" debt and six months' worth of expenses for emergencies.

Stability

You're saving some money and no longer living paycheck-to-paycheck.

Breathing room

You've moved out of mom and dad's and can cover your expenses.

Self-sufficiency

You figure out where you are financially,and where you want to go.

Clarity