Many of us dream of the days of not having to work and traveling whenever we please. Some of us dream of living in a home owned outright. Some are looking for the security of a large nest egg to know loved ones will be taken care of when we are gone.
Whatever financial freedom means to you, there are a few important habits to help get you there.
Automate Savings and Payments
We live in a digital world and with it comes helpful tools, such as automation. Set up an automatic withdrawal from your paycheck to your retirement and savings accounts to make it feel like it was never there in the first place. Avoid unnecessary fees and keep your credit score high by setting up automatic payments for your mortgage, insurance and credit cards. These small things can help reduce stress and keep you on track to financial freedom.