The Fourth of July is almost here. As you prepare to celebrate the anniversary of our nation’s independence, we’re asking you to think about your own independence – specifically, your financial independence.
Simply defined, “financial independence” refers to the point at which you can afford your basic necessities without help from others. In the ideal sense, that might mean having enough money so that you no longer need to work. Or you might think of financial independence as the moment you can stand on your own two feet without monetary support from Mom and Dad.
How do you define financial independence? When did you become financially independent?