At FFLS, you will hear us talk a lot about “tools.” For any major project, you need an array of tools you can depend on, tools built for each purpose.
Attaining financial freedom depends on how many of these free tools you take advantage of. The less you have to start with, the more you need the tools.
These tools are ideal because you sign up for them yourself directly with the financial companies themselves. We do not earn a single penny from you using these tools, and on the contrary: you will earn the most return for your investments because you aren’t paying middlemen.
THE TOOLS
Emergency Fund
FSA and Dependent Care Flex Account
Roth IRA
Traditional IRA
529 College Savings Plan
401(k), TSP, 457 or similar
Taxable Brokerage Account
High Yield Savings Account or Money Market Account
Life Insurance
Revocable Living Trust
Last Will and Testament
Precious Metals and Cryptocurrency