Financial Milestones

Here are some financial milestones for you to work toward on your path to financial wellness:

Establishing your Savings Fund/Emergency Fund:

Life is unpredictable, which is why it is essential to ensure you have an emergency fund to fall back on. A good rule-of-thumb is to have at least 3-6 months of living expenses saved up, so that you have a cushion should something unforeseen happen.

Setting Financial Goals:

You cannot arrive at a destination if you don’t have an idea of where you are going, the same applies to your finances. Having a list of short and long-term financial goals helps you have a clear idea of what you’re working towards.

Knowing What FInancial Product Are in the Market:

Are you well-versed on the myriad of financial products out there to help you meet your goals? If not, become familiar with them. Liberty Life for example has a comprehensive suite of product offerings ranging from life insurance, disability cover and tax-efficient business investment options?

Learn more about how you can ensure you're on the right financial path by visiting www.liberty.co.na and downloading our financial education app, MindMyMoney, at mindmymoney.app