Your Money Journey: Simple Steps to Financial Freedom

Ankur Nikam

Track Your Money: Write Down Every time you Spend Money

Follow The Rule of 50/30/20: 50% Spend on Needs, 30% on Wants and 20% Savings that includes Investing

Build a Safety Net: Save enough to cover 3 to 6 months of living costs

Pay off bad Debt First: Focus all the extra money on the Debt with the highest interest rate

Make Your Money work for you: Invest it, Your money earns money and more money earns more money.

Start investing: Public Provident Fund and Mutual Funds can be great start

Follow the Discipline: Build the small but consistent habits of money tracking and investing

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