Stable Emergency Fund: You have three to six months' worth of living expenses saved in an easily accessible account, ready for unexpected events.
Debt-Free: You have little to no high-interest debt, such as credit card balances, and manage any remaining debt responsibly.
Consistent Savings and Investments: You regularly contribute to retirement accounts, investments, or savings plans, securing your financial future.
Homeownership: You own your home or have a manageable mortgage, providing stability and equity growth compared to renting.
High Credit Score: You maintain an excellent credit score, which grants you access to better loan terms and lower interest rates.
Diversified Income Streams: You have multiple sources of income, such as investments, side businesses, or rental properties, beyond just your primary job.
Financial Literacy: You understand personal finance principles, including budgeting, investing, and tax strategies, and actively apply them to improve your financial situation.