Posted By: Admin
Most people use the word Independence & freedom interchangeably. It is a fact that India gained its independence from the British Rule on 15th August 1947 and its people gained freedom from tyranny & Oppression. Of course India has gained its independence but what about us, have we gained our financial independence?
Financial independence is the status of having enough income to pay for one's reasonable living expenses for the rest of one's life without having to rely on formal employment. The core path to achieve financial independence focuses on maximizing one's savings rate through lower spending and/or higher income. Source : Wikipedia
Answer these three questions to judge your financial independence quotient:
No, there are no Metrics to the above questions. We are just attempting to show you the mirror that one rarely gets to see.
Financial Independence gives you the ability to pursue what you truly desire in life without the pressure of having to do something just to pay your bills. It is advised for everyone, but surely a must for people who are over the age of 40 years… if nearly two decades of working hasn’t made a difference, what else will ? take a few moments to introspect.
Achieving Financial independence is an interplay of the following factors
So this August 2020, take a little time out of your webinars and meetings to introspect about your passion and if you have the financial independence to chase your dreams ? After all we all have one life , why waste it living someone else’s dreams, when you can live your own dream.
Reach out to us at firstname.lastname@example.org if you are keen on achieving your financial independence.