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In the 21st century the concepts of time and money are being redefined. ''Financial Freedom'', is one such term that has gained much importance in the changing financial scenario.

''Financial Freedom'' means the freedom from continuous financial responsibilities through a planned management and allocation of assets. It frees a person from back-breaking work by giving him a steady source of income for life.

One must not think that a financially free person is also debt free. However, his prudent asset management ensures that his debts do not become a burden but only a part of his over-all expenses. In this way, his debts do not hinder his long term financial goals.

Financial freedom cannot be equated with being rich. One must not forget that surplus wealth requires constant supervision. In the long run, a rich man's obligations do not make him ''financially free'' in the true sense.

Thus, financial freedom maybe defined as a lifestyle that blends expenses and income according to the individual preference. This makes ''financial freedom'' a more possible and convenient state of being.

Sneak Peak: Table Of Contents

What is Meant By Financial Freedom? 5
Financial Freedom is Time Freedom 5
Achieving Financial Freedom 6

Realities of Financial Independence 7

Start Your Journey on the Path to Financial Freedom 9
Health is Wealth (take care of yourself) 9
Define Your Vision 9
Invest Your Money Wisely 9
Save Your Money 10
Power Trait 5 - Spend Your Money Wisely 10

Tips To Ensure a Successful Financial Independence Plan 11
Working to Achieve Financial Independence 13

New Trends Towards Financial Management 15
High Demand Services 15
Best Chances of Success 16
Where to Look 16

Money Matters 17
Distinguishing Between Wants and Needs in Life to Attain Financial Freedom 19
Organizing Your Debts for Financial Freedom 21
6 Ways to Teach Children About Money and Financial Markets 23
Financial Independence for Seniors 25
Financial Independence and Retirement Planning 27
Financial Freedom Comes With a Price 29
Goal Setting for Financial Independence 31

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Keywords: business & finance;business finance;finance;financial
File Size: 1300 KBytes