It also means budgeting to grow a nest egg allowing you to retire or pursue any career you want — without being driven by the need to earn a certain amount each year.

Unfortunately, too many people fall far short of financial freedom. Even without occasional financial emergencies, escalating debt due to overspending is a constant burden that keeps them from reaching their goals. When a major crisis — such as a hurricane, an earthquake, or a pandemic — completely disrupts all plans, additional holes in safety nets are revealed.

Trouble happens to nearly everyone, but these 12 habits can put you on the right path.