What is financial Freedom ?

What is Financial Freedom. Let me explain you with  an example. Assume today person A is doing job and earning money sufficient for his monthly expenses. He is enjoying his life till he continue his job. This is something

like he has to work harder and harder till he is alive. One day some mishap happens with him and he doesn’t have any backup for his monthly expenses and cannot continue his job. that person and family will have to suffer

from financial problems. as he was living his life paycheck to paycheck. So to take care of this situation one and only solution is Financial Freedom.

Why does it matter ?

What are the benefits of Financial Freedom ?

Financial freedom itself is a big benefit, that one person doesn’t need to worry for his entire life.
A person can fulfil his lifetime dreams.

Steps to achieve Financial Freedom:

• To achieve Financial freedom, very first step is to start investing as early as possible once starts earning, if one starts save money and investing in young age, before having more dependency with him(marriage expenses, loans, Kids). He will have enough money invested and compounded with interest.
• There is one rule, if a person is able to save 70 % of his salary every month and invest that money, before he plans to retire or plan for Financial freedom, he will have enough money.
• There is one calculation, if you are able to save enough money and your capital’s 3-4% interest is equal to your annual expenses, that means you already achieved Financial freedom, that means you no longer need to work for you annual expenses.