July tends to be a significant month for all Americans, as it marks the annual celebration of our nation's independence. However, it also plays host to a lesser-known event—National Financial Freedom Day, which takes place on the first of the month. Both occasions pay tribute to a common thread: the pursuit of freedom.
Indeed, true financial freedom means having the financial resources to cover your living expenses indefinitely without having to actively work to generate income. When you are financially free, you can live life on your terms and spend your time as you wish without worrying about money.
For many people, financial freedom is within reach. However, it typically requires careful planning and discipline. In this blog article, we’ll explore five steps you can take to set yourself on the path to financial independence.