5. Build Long-Term Savings

By Cheryl Sperling 

Savings. We need to have savings to take care of our short, medium, and long term plans. Short term savings may be for financing your travel plan in the coming months or for the tuition of your kids this coming school opening. The medium term savings may be for your plan of buying a car or a house in 2 to 3 years time. And the long term savings goes towards your retirement.

6 Steps to Financial Freedom

By Cheryl Sperling 

When I was growing up and seeing people well groomed and working, made me wish that one day I will be like them, too. I wanted to be financially free ... and more! I wanted to have more than enough money so I can help the poor. So many wishes! ... I saved ... and gave, but it wasn't easy making your money grow especially with not much guidance and information at hand, then. But these days, thanks to the internet, we can find endless information on how to achieve financial freedom. For the last 19 years, I have been educating myself to achieve my dream of being there by consistently saving and investing long term in the right vehicle (not in banks)... and living a very simple life made me reach there faster!