Depending on your goals, values and life stage, being financially independent can look different. For some it might be about paying off debt. For others it might be about improving their financial literacy or buying their first home.
In this edition of The Beforepay Beat we look at different ways you can boost your financial independence.
Career development and skill training could lead to a boost in your income and financial independence by helping you with responsibilities like paying off debts and building an emergency fund.
And with everything going digital, it’s now easier and more convenient to balance your learning with full-time work and other commitments through platforms like:
Check out our latest blog to find out more about how to increase your salary with career development and skill training!
Starting the journey into homeownership might feel a bit overwhelming, especially with various myths floating around. One common misconception is that you need a perfect credit score to buy your first home. In reality loan lenders look at other things such as your income and spending habits.
Believing these myths can make decisions take longer, causing stress and possibly missing out on home ownership opportunities.
We've debunked some common home-buying myths to help you feel confident and in control when it comes to decisions about buying your first home in your journey towards financial dependence.
For more myths explained, check out our blog!
In our latest chat with the community, we picked up some life lessons about money and happiness, including why saving for retirement is important.
Tap below to see what they had to say.
Handling your debt wisely is a key step toward financial freedom. Since you’re not tied down to anything, this can help you cover other financial obligations or build an emergency fund.
Here are simple practices to weave into your routine, paving the way to financial independence:
For more useful tips on how to manage your debt check out our blog.