Learning how to wade through the financial world-one bursting with abstract advice, long-winded explanations, and complicated jargon-is no simple task. This straightforward guide simplifies the process by showing you how to identify your personal finance goals and laying out a specific path to reach them. The "ideal" approach has five components:
I
ncrease credit score and limit
D
ecrease debt with high interest rates
E
stablish a realistic budget
A
ccumulate wealth via saving and investing
L
ive below your means
After her own financial struggles as a young adult, Yveline L. Dalmacy, MBA, MA, made it her mission to learn the ins and outs of personal finance. She turned her life around with these five strategies and achieved long-term financial freedom. Setting up your own financial future requires making a myriad of decisions. In this book, your options for budgeting, saving, and investing are presented in a practical and accessible way.
Without good money-management techniques in place, your debts can easily hold you back. But armed with the right plan and healthy financial habits, you can avoid common pitfalls. A strong financial foundation will allow you to live freely, grow more, and worry less.