Steps to Financial Empowerment

To build a solid financial foundation, it is crucial to adopt a structured approach. One effective strategy involves paying yourself first by saving at least 20% of your after-tax income, ensuring you prioritize your own financial needs. Following this, it is important to invest that saved money in areas you understand, like index funds, which can lead to more informed decision-making. Automating these investments can significantly enhance consistency, keeping you on track to achieve your long-term financial goals.