Financial Independence

"Your economic security does not lie in your job; it lies in your own power to produce - to think, to learn, to create, to adapt. That’s true financial independence. It’s not having wealth; it’s having the power to produce wealth." – Stephen Covey Introduction - Do You want to know What Does FINANCIAL INDEPENDENCE actually means and how can you achieve it ? Then , in that case this blog is especially designed for you by keeping in mind your environment surroundings. Definition - Financial independence is the status of having enough income to pay one's living expenses for the rest of one's life without having to be employed or dependent on others. Income earned without having to work a job is commonly referred to as passive income. Achieving financial freedom is a goal for many people. It generally means having enough savings, investments, and cash on hand to afford the lifestyle we want for ourselves and our families—and a growing nest egg that will allo...