Financial independence is a great goal to have. But it’s also one of the hardest goals to achieve.
Why? Because financial independence means doing what you want, when you want to do it. It means being able to choose where you live and work, and how much money you make. That’s pretty hard to do when you’re still working at a job that isn’t exactly fulfilling or pays well. So how do we get there?
The first step is figuring out what you want out of life—and then making sure that the things that are holding us back from those goals are removed from our lives. For example: if you want to be an entrepreneur but don’t have enough capital yet, then maybe it’s time to start saving up some money so that your dream job can become a reality (or at least closer).
Once we’ve taken care of those things, we need to figure out what kind of lifestyle we want for ourselves now and in the future. Do we want a house? A car? Kids? If so, when do we want them? And how much will those things cost us? Once we know these things about ourselves—and about our lives overall—we can start making decisions about how much money we need each month.
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