-An OVERWOOD Thread.
#OVERWOOD
![](https://pbs.twimg.com/media/EXPoJDvXQAE2cZk.jpg)
Financially dependent.ย
At this stage, your life and everything around you depends on the decisions of someone else.ย
#OVERWOOD
![](https://pbs.twimg.com/media/EXPoJ8JWAAUJxQw.jpg)
Financial novice.ย
At this stage, your income does not cover your expenses. So, there's a possibility of incurring debt to match your expenses.
#OVERWOOD
![](https://pbs.twimg.com/media/EXPoKdnWkAEr_1q.jpg)
Financially underwater.
This is the stage where debt increases exponentially and then begins to worry you.ย
#OVERWOOD
![](https://pbs.twimg.com/media/EXPoK7YX0AAtPfg.jpg)
Financially precarious.
Debt is still a factor, however, your expenses have greatly been reduced.
#OVERWOOD
![](https://pbs.twimg.com/media/EXPoLXDXkAICQB4.jpg)
Financially balanced.
At this stage, your debt is fully paid off and you have built a 6-month emergency fund.
#OVERWOOD
![](https://pbs.twimg.com/media/EXPoMAxXgAczVrH.jpg)
Financial progress.
At this stage, your expenses are lower than your income, your emergency fund is fully funded and then you start investing.
#OVERWOOD
![](https://pbs.twimg.com/media/EXPoMkKXgAE54uk.jpg)
Financial freedom.
At this stage, your investment income is able to cover all your expenses and you don't need to work for anybody.ย
#OVERWOOD
![](https://pbs.twimg.com/media/EXPoNGJXsAIs3tr.jpg)
Financial abundance.
At this stage, your investment income is so high that it gives you room to give back to society.
#OVERWOOD
![](https://pbs.twimg.com/media/EXPoNo3XsAE_NiR.jpg)
blog.overwood.ng/index.php/2020โฆ