“Financial Freedom” is a loaded phrase. People define it differently, depending on their present circumstances, desired goals and behavioral biases (which have an even greater impact than the former 2 aspects). Here's a working definition.





Comments


Written by bigmoneyweb
4314 days ago

Very comprehensive. For many… financial freedom equals money. To others freedom equals time. In my personal opinion, true freedom and achieving true success happens when you have enough money at your disposal and plenty of time to use that money doing what you want to do. Living your ideal lifestyle. thanks for sharing.



Written by jennybhatt
4314 days ago

Thanks, Valentine. I agree - financial freedom is both a matter of money and time. And, everyone's mileage on those 2 big drivers varies greatly.

Thanks for the comment. Appreciate that you liked the post.



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