What is your plan for Financial Independence Day?
Introduction. Financial independence is a goal that many people aspire to achieve throughout their lives. It represents the freedom to make decisions and live life on your own terms, without being tied to the demands of a traditional nine-to-five job. Just as the Fourth of July symbolizes a nation's independence, a "Financial Independence Day" can represent a personal milestone in which you gain control over your finances. In this blog post, we'll explore what financial independence means, why it's important, and how you can create a plan to celebrate your own Financial Independence Day. Understand financial independence. Financial independence is often defined as the point at which your passive income (income earned without actively working) covers your living expenses. Achieving financial independence doesn't necessarily mean you have to be a millionaire; It is about having enough financial stability to maintain the desired lifestyle without depen...