Debt Management
The Situation of Most Households
The Situation of Most Households
Most Families
- Live with too much debt and not enough insurance protection
- Have little to no savings and don't have clear understanding of how much savings is enough
- Don't make enough money and are not sure how to fix the problem
What is the result of living like this?
- Stress and frustration
- Negative impact on family
True Financial Independence means to:
- Save money and spend less
- Live within one's means
- Protect loved ones should the "worst case scenario" occur
- Systematically reduce and eliminate debt
- Have sufficent funds to cover expenses for six months to year
- Build long-term saving that protect you and your family for life
