7 Levels of Financial Freedom
(1) Clarity: You should take a help of Financial Advisor to figure out where you are financially and where you want to go.
(2) Self-Sufficiency: You should control your expenses and avoid unwanted expenses.
(3) Saving habit: You should have a habit of Savings, Investments, and Protection of your future Income to survive your family.
(4) Stability: You have no "bad" debt and at least 12 months worth of expenses in case of emergencies.
(5) Flexibility: You should save at least 2 years of expenses as an emergency fund.
(6) Financial Independence: You can live off the income when your investments will generate the income.
(7) Abundant Wealth: Earning money is an important, but to manage the Money is far important than it. Always do investments for long term for creating a wealth.
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