Financial Security

First Step To Financial Freedom

Financial freedom enables you to achieve your life goals.

Get an overview

The first step to financial freedom is to get an overview of what financial resources you have.

It is best if you use an Excel spreadsheet for this, which you can add to as your financial situation changes.

This overview includes

Your income – i.e. your salary, but also savings, interest income or investments that you have already made.

Your expenses – rent, living expenses, expenses for insurance, telephone and internet, leisure activities and all other plannable costs. Of course, this also includes loan repayments and other liabilities.

With such a financial plan, you can assess your current financial situation at a glance. You can also identify costs that you can easily do without. Unnecessary consumer spending can prove to be a major obstacle on your way to financial freedom.