What does financial independence mean?

Definitions for financial independence
fi·nan·cial in·de·pen·dence

This dictionary definitions page includes all the possible meanings, example usage and translations of the word financial independence.

Wikipedia

  1. Financial independence

    Financially independent people have assets that generate income (cash flow) that is at least equal to their expenses. Financial independence means you have enough wealth to live on, without working. Income you earn without having to work a job is commonly referred to as passive income.There are many strategies to achieve financial independence, each with their own benefits and drawbacks. To achieve financial independence, it will be helpful if you have a financial plan and budget, so you know what money is coming in and going out, have a clear view of your current incomes and expenses, and can identify and choose appropriate strategies to move towards your financial goals. A financial plan addresses every aspect of your finances.

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Numerology

  1. Chaldean Numerology

    The numerical value of financial independence in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of financial independence in Pythagorean Numerology is: 5

Examples of financial independence in a Sentence

  1. Hagai Misgav:

    It seems that Elihana maintained her right to property and financial independence even after her marriage and therefore her father’s name was retained; however, we do not have sufficient information about the law in Judah during this period.

  2. Tim Sweeney:

    We're still a highly independent company who's not beholden to public markets in which we have to show ever-increasing profits, and anything like a fight like this [ with Apple Inc. and Google ], which loses us money for a year or more, would never be tolerated. So we have the financial independence to do that.

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"financial independence." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/financial+independence>.

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