How can you define the term ‘financially freedom’?The term 'financially freedom' differs from person to person.
Suppose if we ask a beggar, when and how you'll be financially freedom. S/he may say 'I just need 100 Re a day, so that I can run my small family easily. I don't have any dreams till now.' If we ask the same thing to a lower class person, s/he may speak the same with some more desires. Like s/he want to make some money for his/her daughter's marriage or to build his thatched house etc. For a middle class family their desires are unlimited, build a house, higher education of their children, large amount of insurance & deposits in banks, grand marriage of their children, etc. However, their income sources are limited and they never make themselves 'financially freedom'.
As per my opinion, 'financial freedom' means nothing but a mindset where one shouldn't think s/he will do something to get some monetary benefit or s/he is bound to do a job for monetary requirement. If a person never thinks how much money in his pocket and travels the world without any anxiety, then s/he is 'financially freedom'.
Please share your thoughts.