Crown Financial's blog posted a thought recently about a concept called, "Flexicurity" - a government established, 3-legged financial program in Denmark.
Crown suggests doing a personal Flexicurity program (which is actually the first 3 destinations of the Crown Money Map):
- Save $1,000 for emergencies (Destination 1)
- Save one month's living expenses (Destination 2), then
- Save three month's living expenses (Destination 3)
This is more doable than jumping to Destination 3 all at once. And if you need to, add your own pre-destination (no pun intended) of saving $500 for emergencies.
A strong financial position will help ensure we are Serving Strong!
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