What Financial Freedom means?
Financial freedom refers to a state of being where an individual or household has enough wealth, assets, and income to sustain their lifestyle and meet their financial obligations without being dependent on a regular paycheck. It is the ability to make choices and pursue one's dreams without being constrained by financial limitations.
Financial freedom can be achieved through various means, including saving and investing money, starting a business, creating multiple streams of income, reducing debt, and living within one's means. It involves having control over one's financial situation and making conscious decisions about how to allocate resources to achieve one's goals.
Financial freedom is often associated with a sense of security, independence, and peace of mind. It allows people to have more time and resources to focus on their passions, hobbies, and personal growth.