You are working on financial stability. You are in the red every month. Feel out of control and unorganized with your finances.
In the Explorer stage you may feel out of control or unorganized when it comes to your finances. It’s a struggle to pay your living expenses, minimum debt payments and save for the future. You may be at the beginning of your journey but the fact that you’re reading this right now means that you’re taking the necessary steps to reach your ultimate goals of Financial Freedom & Financial Independence
In this stage, you should focus on getting organized and out of the “red” with your money. You want to focus on getting a budget to help you get and stay on track with managing your money. Your main goal in this stage is to be able to pay for your living expenses, minimum debt payments without accumulating more debt every month “getting out of the red”. It’s also important that you surround yourself with positive influences to keep you motivated on your journey so that you can achieve financial stability.