Introducing 

Prezi AI.

Your new presentation assistant.

Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.

Loading…
Transcript

Save a $500 Emergency Fund

Get Out of Debt

Pay Cash For Your Car

Pay Cash For College

Build Wealth And Give

Getting out of debt is very important. Getting out of debt allows for you to actually begain to build wealth. It also eliminates the stress of trying to pay everything.

An emergency fund is for unexpected financial emergencies. As an adult your emergency fund should cover three to six months worth of expenses. Keep emergency fund in a seperate bank account and don't use for every day things. With an emergency fund you don't have to worry about going into debt because you expect the unexpected and you are ready for it.

Paying cash for your car is a good practice. When you buy a car with cash you end up paying less them with monthly payments and you also don't have any payments that need to be paid.

Pay cash for college is a big one. This is what gets lots of people into debt early in life. Paying cash for college allows for you to be able to do things you want and not have to pay off loans for years after you graduated.

Once the other foundations are fulfilled you can begin to build wealth and enjoy life without worrying of debt and payments. You can also give to others witch is always a good thing and can make you feel more accomplished.

The Five Foundations

by Dakota James D. Stiltz

Learn more about creating dynamic, engaging presentations with Prezi