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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
