Tuesday, April 13, 2010

What’s next after the Closed Circle Budget?

Creating your Closed Circle Budget is your first step to financial freedom. It is in this initial step that you build on a solid financial foundation for you, your family and the future generations of your family. You must practice all the 5 Steps regularly before you can truly reach financial freedom. Here’s an overview of what these steps are:

  1. Develop a Closed Circle Budget
  2. Eliminate Bad Debt
  3. Legally Minimize Taxes Paid
  4. Wealth Accumulation and Increase Passive Cash Flow
  5. Wealth Preservation

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