Mika
VIP Contributor
Financial independence is a popular term among freelancers, work from home professional, self employed individuals. When they refer to financial independence, what they actually mean is the ability to make money without directly being employed by a person or a company. For a lot of individuals starting a business is also linked to financial independence. Being your own boss is linked to financial independence. Freedom to work at any time is linked to financial independence.
Financial security is very different from financial independence. Financial security refers to a situation where you can manage your expenses well, you do not have any debt, you have money for emergency situations, and you are also saving money every month.
Between financial independence and financial security, which do you want?
Financial security is very different from financial independence. Financial security refers to a situation where you can manage your expenses well, you do not have any debt, you have money for emergency situations, and you are also saving money every month.
Between financial independence and financial security, which do you want?
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