Financial freedom is when an individual has enough financial resources to cover their basic needs and still has enough left over to invest, save or spend as they wish. Set financial goals The first step towards achieving financial freedom is setting financial goals. Create a budget Creating a budget is a critical step towards achieving financial freedom. Save and invest …
A personal finance expert has listed five smart financial strategies everyone should be doing as interest rates and the cost of living continue to rise. Melissa Browne, founder of My Financial Adulting Plan, encourages others to become financially literate to reach personal money goals by saving for an emergency fund, thinking long-term, diversifying investments and living below your means. Australian …
