Financial independence is the ability to live off of your investments or other sources of passive income without having to work for someone else. It is a goal that many people strive for, as it can provide financial security and freedom. There are many different ways to achieve financial independence, but some of the most common include saving, investing, and starting a business.
There are many benefits to achieving financial independence. For one, it can give you peace of mind knowing that you will never have to worry about money again. It can also allow you to pursue your passions and interests without having to worry about making a living. Additionally, financial independence can give you the freedom to travel, spend time with family and friends, or simply enjoy your life without having to worry about work.