What is The Fifth Foundation?
Pay cash for college.
Save for retirement.
Build wealth and give.
Pay cash for your home.
1 answer
The Fifth Foundation is a financial philosophy that emphasizes the importance of paying cash for major expenses, such as college tuition, home purchases, and retirement savings. It encourages individuals to build wealth through sound financial management and to give back to their communities. By following these principles, individuals can achieve financial security and independence.