Re: What is "Financially Free"?
I would define financial freedom for myself as being the point where my passive income (investment returns from a fairly predictable source) exceeds my expenses. I'm nowhere near that point yet!
When I get to that point (if it ever happens) I will no longer have to work for money. I could choose where to work, what to do, and if to work at all. I could spend all my time volunteering, or working on projects I saw fit. I wouldn't have to worry about losing my job.
That, to me, is financial freedom.
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