Understanding Your Current Financial Situation

Before you can unlock your wealth, you need a clear picture of where you stand. This means honestly assessing your income, expenses, assets, and debts. Create a detailed budget that tracks every dollar coming in and going out. Identify areas where you can cut back on spending, and prioritize paying down high-interest debt. Knowing your net worth – your assets minus your liabilities – gives you a benchmark to measure your progress against.

Building a Solid Emergency Fund

Financial security starts with an emergency fund. Aim for 3-6 months’ worth of living expenses saved in