Sunday, October 30, 2022

How Can Crypto Index Funds Help You Achieve Financial Freedom? | Ewpple

Ewpple | Income For Life

Ewpple - How can one achieve financial freedom through cryptocurrency index funds?

“You do not make money borrowing money; you make money making money-making money.” ― Lamine Pearlheart

What is financial freedom?
Making life decisions without worrying about money is what it means. When you achieve financial freedom, you can live the life you want without worrying about money.

How Do You Become Financially Free?

1. Be wise with your money
Make a list of your expenses and income. Your budget should include savings and investments for paying off debts and paying yourself.

2. Make sure your debts are paid off
If you pay off your debt, you'll have more money for savings & long-term investments. The fastest way to repay debt is to set aside a large amount of your monthly income for repayment.

3. Explore your career options
Your budget depends on your income, so take it seriously. Take advantage of every income-boosting opportunity you can!

4. Set aside money for an emergency
Once you're debt-free, save 3 - 6 months' worth of your monthly expenses. An emergency fund will prevent you from incurring credit card debt again.

5. Long-term investing
The most effective way to build wealth is to invest long-term. Invest in an index fund focused on long-term returns, such as the Ewpple DeFi Crypto Index Fund (EWD).

6. Make your financial future a priority
Utilize the Dollar Cost Averaging investment strategy to make your money work harder for you. Put a fixed amount into a crypto index fund every month until you reach your goal.

Ewpple DeFi Crypto Index Fund (EWD) lost -8%.
Benchmark index lost -22% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

Crypto index funds can help you build wealth. If you would like more information, please feel free to contact me.

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