The first stage is all about building a solid financial foundation. Your focus should be on increasing your emergency savings, aiming for at least 6 to 12 months’ worth of living expenses. This safety net will give you peace of mind as you begin your investment journey.

Additionally, it's crucial to reduce your monthly financial commitments by optimizing and paying off personal bad debts, such as car loans, credit cards, or personal loans. By cleaning up your financial profile, you’ll be in a better position to take the next step towards property investment.

Once you’ve established your financial foundation, the second stage is about leveraging property investments to create passive income and wealth. Here, you can take advantage of purchase incentives when buying properties to ensure you get the best deals. If you’re ready to expand your portfolio, this stage is ideal for using purchase incentives for your second property during a property bull run.

Additionally, it’s a great time to consider using your investments to support a side business or hustle. This stage gives you the opportunity to gradually build wealth and may even provide the freedom to "fire your boss" as your income streams grow.

In the third stage, you’re focused on securing your financial future. This means making decisions that will help you build long-term wealth, such as saving for your children’s education fund by owning a property for each child (for example, 1 child = 1 property).

Additionally, this stage is about establishing a retirement fund that generates enough cash flow to cover at least half of your current monthly expenses. The long-term strategy is all about sustainability and setting yourself up for financial freedom, so you can live comfortably without relying solely on active income.