When it comes to financial independence, people often talk about increased salary or how much they need for a comfortable retirement.
It’s good to have goals for your savings, income and retirement fund, but it’s unhelpful when we don’t consider why we’re working towards financial independence in the first place.
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The idea is part of this collection:
Learn more about moneyandinvestments with this collection
How to manage risk
How to analyze investment opportunities
The importance of long-term planning
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Similar ideas to The need for financial independence
The independence premium refers to the financial discount people willingly accept for autonomy. This economic paradox reveals:
It’s much easier for employees to weather emergency pay cuts if you’ve set them up to be financially stable. Small-business owners need to prepare thorough financial well-being programs.
If you don’t have a plan in place that helps take care of your employees and their fin...
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