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What does it mean to be financially free? Does it mean that you are no longer dependent on your weekly or monthly paycheck? Does it mean having the capacity to eat at an expensive restaurant just because you feel like dining there? Or does it mean the freedom to travel and enjoy the world? It’s actually all that and more. Being financially free is allowing yourself to breathe and live free from the shackles of monetary constraints. Budgeting for Financial Freedom Most people interpret financial freedom as being rich. But being affluent does not even begin to capture the essence of the freedom that we are talking about. Financial freedom is being in control of your money, rather than it being in control of you. And being financially free does …

People who are in their 20s and 30s and have steady employment enjoy spending their money on things they love, such as holidays, cars, nice clothes, and going out. Worryingly, many younger people do not think about putting money aside for their saving for retirement. This is because retirement seems such a long way off and people often believe they have plenty of time to worry about all that later. By making sure you start planning financially for your retirement from an earlier age. You can look forward to enjoying a good standard of living by the time you reach an age where you have enough time to enjoy life. Saving for Retirement Should Start When Whether you plan to live your senior years out in your own home or …