Financial Independence

Financial independence means having enough personal wealth to live without having to work actively for basic necessities. This typically involves accumulating savings and investments that generate income, allowing individuals to cover their living expenses without relying on a job. Achieving financial independence often requires careful budgeting, investing strategies, and a disciplined approach to spending. It allows individuals the freedom to pursue their passions, retire early, or take risks in their careers without financial pressure. Ultimately, it provides security and flexibility in how one chooses to live their life.