Achieve Financial Independence Week
October 18, 2006
Stowers Innovations and American Century Investments have teamed up for the 2nd straight year to promote “Achieve Financial Independence Week” during the 3rd week of October. According to the website, www.afiweek.com, the goal is to “help raise Americans’ awareness of their own spending and saving habits, and provide people of all ages with the strategies and information they need to achieve financial independence.”
What a wonderful idea! Of course, ideally, people would focus on their financial independence every week but raising awareness of it every year is a good idea.
Contract for Success
The site provides a personal contract they call a “Declaration of personal finance independence“. People can print it out and sign it, committing themselves to follow its principles. The first step of achieving a goal is to put it in writing. Well, they’ve already done that for us, all we have to do is sign it, AND mean it!
The contract addresses issues such as financial priorities, credit usage, budgeting, emergency planning, saving, and investing. If we can just follow these basic principles, we’re on the road to a money smart life!
Last updated by.
All posts by Ben Edwards