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The Five Foundations
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The five foundations
Presentation by Emily cannon and Grace hart
Save $500 emergency fund!
The First Foundation
This is the first of the five foundations. Emergencies are going to happen, so you need to be prepared. A stash of just-in-case money will help if you lose your job, end up in the ER, or need emergency repairs on your car.
Get out of and stay out of debt!
The Second Foundation
If you don't have any debt, that's good! To stay out of debt you should avoid high interest rates and credit cards.
Pay cash for your car!
The Third Foundation
Paying cash for your car is a great way to avoid leashes and loans
Pay cash for college!
Paying cash for college can help avoid student loans.
The Fourth Foundation
Build wealth and be generous!
By building money you can give money.