What Financial Freedom is: I just realized. I’ve been writing a lot of things about financial freedom, and how to reach it. But I’ve never actually given a definition for what I mean by the term “financial freedom”.A definition for Financial Freedom: If a person is 100% financially free, it means that person can support himself (and all his dependents) financially, without having to actively do anything to earn an income, for the rest of his life.Financial Freedom by Your’s Truly .Financial Freedom is Progressive: I specifically said 100% financially free, because financial freedom is progressive. It is possible to have partial financial freedom.If you cannot afford to skip a single month’s pay-cheque, you have 0% financial freedom. In this situation, you are completely dependent on your next pay-cheque. If you miss a single month, you won’t be able to pay your bills, buy your food, etc.The in-between levels of financial freedom are a bit harder to nail down.One way to think of it is like this: If you are 50% financially free, it means that you can support yourself (and all your dependents) financially, without actively earning an income, for half of your remaining life. Another way to think of it is: If you are 50% financially free, it means that you can support yourself (and all your dependents) financially, and work half-as-hard (e.g. only two and a half workdays per week) for the rest of your life. What is Financial Freedom?
What Financial Freedom is: I just realized. I’ve been writing a lot of things about financial freedom, and how to reach it. But I’ve never actually given a definition for what I mean by the term “financial freedom”.A definition for Financial Freedom: If a person is 100% financially free, it means that person can support himself (and all his dependents) financially, without having to actively do anything to earn an income, for the rest of his life.Financial Freedom by Your’s Truly .Financial Freedom is Progressive: I specifically said 100% financially free, because financial freedom is progressive. It is possible to have partial financial freedom.If you cannot afford to skip a single month’s pay-cheque, you have 0% financial freedom. In this situation, you are completely dependent on your next pay-cheque. If you miss a single month, you won’t be able to pay your bills, buy your food, etc.The in-between levels of financial freedom are a bit harder to nail down.One way to think of it is like this: If you are 50% financially free, it means that you can support yourself (and all your dependents) financially, without actively earning an income, for half of your remaining life. Another way to think of it is: If you are 50% financially free, it means that you can support yourself (and all your dependents) financially, and work half-as-hard (e.g. only two and a half workdays per week) for the rest of your life. 
