What does financial freedom mean?

Financial freedom means that an individual or family's financial situation reaches a certain level, and they no longer need to maintain their lives through work or other means, and they can freely control their time and money and pursue deeper life goals. Specifically, the signs of financial freedom include the following aspects:

1. Sufficient savings and investment income can cover basic expenses in life, such as food, shelter, transportation and medical care.

You don't need to make money through work or other means, you can spend your time freely, do what you like and pursue your interests and dreams.

3. With enough investment assets, you can get stable passive income, and you don't need to work for a living every day.

Financial freedom cannot be achieved overnight, and it needs long-term accumulation and planning. To achieve financial freedom, we need to pay attention to the following points:

1. Save expenses, make reasonable financial planning, and ensure a certain income savings every month.

2. Invest in wealth management, gain more income through investment, and improve your asset level.

3. Increase passive income, such as renting, dividends, interest, etc.

4. Maintain a healthy lifestyle and reduce medical expenses and other unnecessary expenses.

In a word, financial freedom is a way of life that pursues the quality of life and freedom, which requires long-term efforts and planning, but once it is realized, people can get rid of economic pressure and enjoy a more free and happy life.