Where are you in your financial journey?
The 5 Stages of Financial Independence: From Relying on Debt to Living on Investments.
The journey to financial independence begins in the Dependent stage, where you rely on others (or debt) to cover your expenses because your income isn't enough.
You achieve Solvency Stage when your own income is sufficient to cover all your monthly bills, making you self-sufficient but often still living paycheck-to-paycheck.
The next major milestone is Stable Stage, which means you have your bills covered and have built up an emergency fund (3-6 months of expenses) to protect you from unexpected events.
You reach the Secure stage when your passive income from investments is large enough to cover your basic living essentials (like housing and food) even if you lose your job.
Finally, Independent is the ultimate goal: your investment income is large enough to cover your entire current lifestyle (both needs and wants), giving you the choice to stop working forever.
Wherever you are in your journey, remember that you are here now, and that alone is a big jump forward
What’s next?
Ready to begin? Book your 3-session Financial Basics course today. Below, you'll find an overview of each session and an extra topic on kids & finance. Since every financial journey is unique, consider these descriptions a basic guide—we will fully tailor the course around your specific needs. Keep scrolling to sign up!
