HOW TO ACHIEVE TRUE FINANCIAL FREEDOM
Date: May 2021
Duration: 0 hours 34 minutes
Realities of Financial Independence
Independence is a state of being that every living being strives to attain, and to maintain forever. From the moment a child sets foot in school, he is made to understand that the knowledge he acquires from this point onward is for him to make use of intelligence, to shape his own future.
When one lives with one's parents, one tends to take a lot of things for granted. Once you start earning a living, you are faced with two diabolical aspects: financial independence and responsibility.
It is not enough to earn money. Many factors arise when you (sometimes arrogantly) decide to separate from the family and move into your own home. True, now you don't have to think twice about buying that extra pair of shoes; after all, there's no parent waiting at home to look at the package in your hand.
But one has to think about the electric bill due next week, the phone bill that now seems to be at an astronomical level, and other expenses that have to be paid. Money that has been earned after hours of work seems to fall into oblivion.
In Economics, we learn that a country grows only through investment. And investment is the direct result of savings.