Financial independence is a goal that many people aspire to achieve. It is the state of being able to support oneself and one's lifestyle without being reliant on a job or a steady income. It means having enough savings, investments, and passive income streams to cover all expenses and have the freedom to make choices based on personal fulfillment rather than financial necessity.

The path to financial independence requires careful planning, discipline, and smart financial decisions. It starts with setting clear financial goals and creating a budget to control expenses and save money. It also involves investing wisely to grow wealth, diversifying income sources, and managing risk.

Tags: financial independence, goal setting, budgeting