To be financially successful, one should live below their means by spending less than they earn and investing extra money. They should also set realistic financial goals broken into milestones, ask experts questions to expand their knowledge, and create an emergency fund of at least $1,000 but ideally three to six months of living expenses to cover unexpected costs.

1. HOW TO BE
FINANCIALLY
SUCCESSFUL IN
YOUR PERSONAL
LIFE
WRITTEN BY: PAUL
SAUNDERS

2. LIVE BELOW
YOUR MEANS
SET
FINANCIAL
GOALS
ASK FOR HELP
FROM
EXPERTS
CREATE AN
EMERGENCY
FUND
STEPS

3. LIVE BELOW YOUR
MEANS
That means be frugal with your money
and don’t worry about impressing
others with physical objects that will
lose their novelty over time. Investing
your money in items that don't offer
anything in return will lead to
temporary satisfaction instead of long-
term stability. Instead, put your extra
earnings in the stock market, a 401(k),
or your savings account.

4. SET FINANCIAL
GOALS
Obtaining financial wealth will
require setting goals to ensure that
you have a plan of action and that you
understand the necessary steps to
implement your vision. The goals
should be realistic to ensure that you
stay motivated and don't become
discouraged. When you have a huge
goal, break them down into milestones
so that they are in easy to reach steps.

5. ASK FOR HELP FROM
EXPERTS
When you ask questions or get help
you are expanding on the knowledge
you have. The more you get into the
practice of asking questions the more
financially literate you become. Ask
questions, find a mentor, and get
different opinions to ensure that you
can become more knowledgeable
about how to grow your money over
time.

6. CREATE AN
EMERGENCY FUND
Most financial experts will tell you to
save at least $1,000 for an emergency
fund, which will allow you to pay for
unexpected costs. If you don’t have
something created, you could end up
opening credit cards, or taking loans to
cover the cost. You should also save at
least three to six months of income to
use if you suffer from a job loss to
ensure that your bills can continue to
be paid until you secure employment.