How do you build a personal financial system?

[Kera]

To achieve financial freedom, experts say that one should build a personal financial system. How does one go about building the personal financial system? What is the starting point and how can it be further developed?

 

[Augusta]

Setting realistic and achievable expectations and goals.
Creating a budget and tracking system that is easy to use and maintain

 

[Springtime]

To achieve financial freedom, you have to set goals. Work hard and smart to earn, save habitually, and invest to grow your wealth.

 

[Suba]

If you are going to build a personal financial system, the first thing you have to do is change your mindset to be more disciplined and consistent, make plans and goals both short term and long term and set specific time targets such as 6 months, 2 years etc. Make a budget. save, invest and manage debt, Conduct regular evaluations and adjustments.

 

[Augusta]

You have to establish and follow a budget. Build an emergency fund. and Manage debt.