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"How much money a person needs to earn in their lifetime to achieve financial freedom is a topic I want to discuss with you. But before diving into that, let's first talk about what financial freedom is. Many people might have misconceptions about financial freedom, so today, I, as a professional in finance, will explain what financial freedom means. Financial freedom refers to the state where a person doesn't need to work hard for money to cover their living expenses. In simple terms, a person's passive income from their assets should be equal to or exceed their daily expenses. If you achieve this state, you can call it financial freedom.
In simpler words, what does it mean?
It means you don't have to work for a few thousand or even tens of thousands of dollars in monthly living expenses, running around from nine to five. In other words, the money in your bank account should be enough to support your daily spending and activities. You can do what you want without worrying about money. From the above description, a further understanding of financial freedom's concept is that you can choose not to do anything if you don't want to. This is the latest definition of financial freedom in 2023. The money in your bank account should be enough for you to comfortably relax at home, and you can simply lie down, enjoying life without worries.
So, in life, you still need to keep working and striving. Keep pushing forward and accumulate wealth little by little. Believe that one day, we will achieve financial freedom." |
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Post time 18-10-2023 13:05:21
