Hello, many youths nowadays have a slogan that they say. " They must be financially free to start living on their own" As I can say to be financially free is to have a regular and dependable income that fits all your expenditures. With this, a person especially the youth can comfortably move out from the parents' house. What do you think about financial freedom?
How do you define financial freedom?
- Thread starter Kerryjoy
- Start date
Financial freedom is attained when savings, investments, and other resources ensure worry-free support for everyday living expenses. I believe I have achieved financial freedom when I can easily acquire what I need and pay bills without any difficulty.
It's our way of thinking and our reaction towards financial condition. As you may see some millionaire would be saying yes, I have financial freedom but on the same time some billionaires would be shouting on the media as I don't have much money.
Financial freedom happens when a person doesn't really have to bother about basic expenses and that is always constantly sorted out.
To me, financial freedom means having enough money in the form of cash and investments to do whatever you want. You do not need to worry about not having money to pay your bills, can travel overseas once in a while, buy what you want and live your dream lifestyle.
Financial freedom is the ability to bear expenses without needing the help of any other human being. Being richer is also a sign of financial freedom.
Being rich and having enough money to buy your own properties, cars, etc is what I call true financial freedom. When you don't rely on anyone except Allah Almighty, you tend to gain financial freedom. You have to work hard a lot and always ask Allah Almighty to offer sustenance to you.
