NGE Money #1: 7 Financial Phases

Andy talks about the 7 main Financial Phases of getting out of debt and becoming wealthy.

Phase 1: Save $1,000.

Phase 2: Pay Off All Debt (Except the House)

Phase 3: Save 3–6 Months of Expenses in your Fully Funded Emergency Fund

Phase 4: Invest 15% of Your Household Income in Retirement

Phase 5: Save for Your Children’s College Fund

Phase 6: Pay Off Your Home Early

Phase 7: Build Wealth and Give