Prioritise, prioritise, prioritise
Otherwise known as the Three P’s. Here’s a cold reality: you don’t need to smoke, drink, eat out, or go on holiday. You don’t need a flat screen TV bigger than a NASA space mission tracker. So if you’re committed to financial freedom, start of by cutting out all the unnecessary cappuccinos, tequila shots, movie tickets and taxi rides. Work first on clearing debt, then assign whatever you can afford to an emergency fund. In the UK, one in three families admit to not being able to get hold of £500 in an emergency. A little over a pound a day, though, can put that in place.