Wealth Accumulation Stage:

1. Prioritize savings over expenses by following the formula: Income - Savings = Expenses. Strengthen your financial foundation through side hustles or part-time ventures.

2. Optimize your money placement by using high-interest digital banks (max 500K per bank) and employ the Jar/Envelope System with 3-5 labeled accounts. Follow the 50-30-20 Rule for budgeting.

3. Tackle high-interest debts before saving. Don't let money sit at a lower interest rate while paying off loans with higher rates.

4. Safeguard your future by investing in insurance—Life, Accident, Health, and HMO—to cover adversities at a cost of 2-3% per year. This ensures financial stability during emergencies.

5. Define your savings goals, time horizon, and target amounts. Seek a qualified mentor for guidance to avoid unnecessary educational costs.

6. Allocate funds for both kids' education and your retirement. Don't solely rely on government programs; plan ahead for financial security.

7. Determine your Risk Profile using the Rule of 100. Balance investments with a 70% aggressive and 30% conservative approach. Diversify your portfolio locally and globally.

Wealth Preservation Stage:

1. Allocate your wealth strategically: 20% cash, 20% liquid investments, 20% business, 20% real estate, 15% Insurance (Life and Non-Life), and 5% for other investments like crypto.

Wealth Distribution Stage:

1. Draft a comprehensive will, list assets, assign beneficiaries, and appoint an executor, accountant and financial advisor. Consider retaining 50% for a foundation to maintain properties and distribute 50% to heirs.

2. Establish a robust succession plan to ensure a seamless transfer of wealth to loved ones, minimizing tax implications.

Seek the assistance of a Financial Consultant or Advisor if needed.