5 levels of financial freedom

I was listening to one of the podcasts I follow regularly.  Follow the Money with Jerry Robinson.

In last week's episode, Jerry outlines his 5 step approach to financial freedom:

1. Emergency reserves and preparedness
2. Asset, income and life protection
3. Diversified financial reserves
4. Build and diversity investments
5. Advanced investing and speculation

I like Jerry's philosophy because its based on taking precautions and being careful and conservative.

He's got a whole website set up to take people through it.

http://ftmdaily.com/five-levels-of-financial-freedom-overview/