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9 Links that Teach About Personal Financial Independence

Personal financial independence can mean different things to different people. But at the end of the day, the goal is to achieve some level of independence where you can manage and/ or achieve some things on your own. One of my goals that is directly related to personal and financial independence, is to own my own home. I’m glad that my sacrifices have paid off and I’m well on my way to achieving this goal.

If you’re working towards achieving personal financial independence, keep on fighting. At times it may seem as though it’s taking long to reach your goal. But look at it as practice for when you achieve the immediate goal and start working on future goals. Although people will give you advice on how to get where you want to go, you must find the right approach that works in your situation.These links teach you how to achieve about personal financial independence and the steps that are required to get there.

1. Nine Skills Worth Teaching Your Children to Build Personal and Financial Independence

It’s never too early to teach your children about personal finance or financial independence. As a parent or guardian, it is your responsibility to give your children the best financial knowledge footing, so that they can make good money choices.

2. 8 Secrets to Achieving Financial Independence

To achieve financial independence, requires thought about the key factors that impact your ability to get there. This step by step guide introduces readers to the key factors including starting a business in the right niche and developing a tax strategy.

3. How to Become Financially Independent in 5 Years

If you’re familiar with SMART goals and planning on becoming financially independent in 5 years, this article is a must-read. If this is a goal that you’re working on, you may be pushing hard on saving funds to make this dream a reality.

4. A Non-Crazy Person’s Guide to Financial Independence

Sometimes people find themselves paying off mortgages long after they’ve retired. That’s why financial independence and early retirement require good coordination and planning. Find out how you can achieve both by using the 4% rule.

5. Shortest Path to Financial Independence

What’s the shortest path to financial independence? It may vary depending on one’s financial situation. But the starting point is the same for everyone. You have to list all of your current essential expenses and then predict your future expenses.

6. Financial Independence versus Financial Freedom

Do you know the difference between financial independence and financial freedom? This is an interesting article that forces readers to re-think what they know about both terms. Can I financially dependent, but still financially free?

7. You Don’t Need a Retirement Plan — You Need a Financial Independence Plan

When I was a child, I thought that retirement was something that happened to old people and was associated with grey hair. Now that the national retirement age is over the horizon, I’m more focused on how to become financially independent.

8. How to Become Financially Independent Quickly Using the FI Formula

What does financial independence mean to you? Do you even know how to calculate it? In this article, you will learn the financial independence formula and what you will need to do to successfully reach that point in your financial life.

9. What’s Your Financial Independence Number? Here’s Mine.

Have you ever calculated your financial independence number? Wouldn’t it be amazing to know if you can adequately support your ideal life? Your “number” may require that you take some new steps to get the life that you want.

Do you think that you can be financially independent in the next five years? If that’s one of your medium term goals, but you’re not quite on the right track, start with the Seven Step Financial Makeover