Financial Independence - Deepstash
Financial Independence

Financial Independence

Financial independence implies not having to worry about money anymore, but rather focus on what you want to do, in your free time and your passions.

However, being financially independent is not to be perceived as having an infinite amount of money, so you should not spend everything in one go.

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summers_wdd

"Money does not guarantee success." ~ Jose Mourinho

The idea is part of this collection:

No More Broke

Learn more about moneyandinvestments with this collection

Identifying and eliminating unnecessary expenses

How to negotiate better deals

Understanding the importance of saving

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Think about financial independence

...instead of thinking about retirement. The goal shouldn’t be about making it to a certain age so you can ride off into the sunset, but rather getting to the point where you don’t have to worry about money anymore.

Financial independence and retirement

The right to financial independence needs to be asserted—the right to work, exchange your labor for money, and to control the fruits of your labor

This necessarily includes the right to plan and save for your own retirement, free from coercion or interference.

Financial Well-Being

Financial Well-Being

Financial security is the perception that you have enough money, so you don't routinely worry about it.

Financial well-being enables people to enjoy everyday pleasures of life: seeing your children do well, having friendships, good relationships, being abl...

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