Financial Freedom

Financial freedom is the state of having enough wealth to live on without having to actively work for a living. This typically means having enough passive income to cover one's living expenses, such as from investments or rental properties. Achieving financial freedom typically requires saving and investing a significant portion of one's income over an extended period of time, and often also involves reducing expenses and living below one's means. There are many different strategies and approaches to achieving financial freedom, and what works best will depend on an individual's personal circumstances and goals.