Moneypenny Minute: Your Finance MomentJuly 20, 2022
Financial Freedom vs Financial Independence –
Financial Freedom – living the life you want in a state of financial comfort and liberated state of mind.
Financial Independence – the state of having enough wealth to pay for your living expenses for the rest of your life without employment.
We find financial freedom on our way to financial independence. Whether you’re managing a family inheritance or tackling a retirement fund, you can take steps toward financial freedom by setting up a strong financial plan.
When you achieve financial independence, you no longer must work to pay the bills. You can pay for your lifestyle with your wealth and passive income.