Financial Freedom / Independence (Retirement)

Financial freedom or independence is the status of having enough residual income to pay for your living expenses for the rest of your life. You don’t necessarily have to be very rich or have tons of money, but rather enough to cover your expenses so that you don’t have to work anymore or even be dependent on others. Your precious time can instead be spent doing things that you like (i.e. hobbies), rather than doing things just to earn money (and survive).

Here are some tips to keep in mind as you start preparing for financial freedom / independence (or in other words, retirement) :

What is Financial Independence?
The 5 Stages of Financial Independence
The Simple Path To Financial Independence | Ryan Sterling | TEDxFarmingdale