Step #0: Give to God a monthly love offering
Step #1: Free yourself from all bad debt
Step #2: Increase your income and start a sideline
Step #3: Get protection equal to 10 times your annual expenses
Step #4: Create an emergency fund in the bank equal to six month's expenses
Step #5: Create a retirement fund saving 20% of your monthly income in various growth funds
Step #6: Create passive income via businesses and investments equal to or more than your expenses
On which step of this ladder are you now? As for me, I guess I still have to make better, wiser financial decisions to achieve a more secured, rewarding future. In my mind, I know something is for sure. I will not belong to the 30% Filipino parents who depend on their children for a living. I would rather leave my kids with inspiring, wonderful memories than inherit them with a burden. If you're in with me, taking the tagline of one credit card TVC, "let's get it done"!