When it comes to starting one’s own financial journey, many people often ask the following questions. How much should I save? How much should I invest? What to invest in? Crypto? Stocks? Options? And yada yada yada…

While such questions are not wrong per se, it misses one critical fundamental aspect, which is that of financial foundation.

Put simply, the term financial foundation refers to the bedrock and footing that would shape and support one’s financial journey. This typically consists of physical actions such as investing, saving and getting adequate insurance.

However, for this post, I will instead be focusing on the mental side of things when it comes to personal finance. More specifically, good financial mindsets and habits that one should adopt in their own financial journey.

Thus, if you are just starting out or already in the midst of managing and growing your own wealth, I hope