Description: Practically Independent: Practical Advice to Become Financially Independent is a no-nonsense guide to help you take control of your finances, full of practical advice that you can use to immediately improve your personal finances. The book outlines the strategy I have used to escape living paycheck-to-paycheck, lower the cost of my debt, get paid for having money, and protect what I have built.Inside the book are tools, tips, and guides to help you manage cash, manage credit, manage investments, and manage risk.If you are looking for a get-rich-quick scheme, this book is not for you. On the other hand, if you are looking for financial independence made simple, with a practical approach to take control of your finances with real-world advice that you can start implementing today, then this is the book for you.The entire strategy to take control of your finances is in the book Practically Independent: Practical Advice to Become Financially Independent, available in both Paperback and eBook editions.Practical advice to become financially independent broken down into four steps.1. Managing Cash:Being trapped living paycheck-to-paycheck is absolutely awful. Find out how to break the cycle by treating personal finances like a small business. Nobody likes budgets, and any personal financial advice that starts with "create an in-depth budget" is the worst. This approach does not require building a budget for groceries, lattes, or anything else! Instead, separate income from expenses, learn budgeting basics, create an un-detailed budget and watch your savings grow.2. Managing Credit:The interest rate you pay when you borrow money depends significantly on your credit report and your credit score. This book outlines a specific strategy to build a credit report with a step-by-step checklist to build your FICO score and lower the cost of borrowing money.3. Managing Investments:Investing is not gambling. If your strategy leaves you hoping that markets go up and scared that they will go down, then you are gambling. Instead, learn how to build a strategy that works when the market goes up and when it goes down. You can invest in mutual funds and ETFs to build a portfolio that systematically and regularly pays you for having money. A strategy that will actually pay you more as you get older and further into retirement. It is investing, demystified.4. Managing Risk:When you have built up your savings, your credit, and your investments, then you have a lot to lose if something unexpected happens. To protect what you have built, it is important to have three kinds of insurance: Health, Property, and Life. But, what kind, how much, and for how long? This book has an approach to help you decide how much insurance is enough. We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers. To get started finding Practically Independent: Practical Advice to Become Financially Independent, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
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117
Format
Kindle Edition
Published
2018
Publisher
N/A
Language
eng
Original Title
Practically Independent: Practical Advice to Become Financially Independent