40 Frugal Rules For Your Journey To Financial Freedom: Your A-Z Practical and Pragmatic Guide For Wealth Management

Experts say that you are financially free or independent when your bills are covered by income from your assets. You never have to deplete your assets and they keep increasing. Financial freedom can also be explained as having enough income to pay your living expenses for the rest of your life without having to work full time. There's no one way method to achieving this. For some, it is easy to achieve this through investing and saving over a long period, while some just go ahead to build successful businesses that is able to generate income that meets their needs without everyday supervision.There are few hard-and-fast rules in the world of personal finance, but what is most important is that you do what works best for you.Remember the goal is to become financially free, but do not be too caught up in it that you sacrifice the present for the future. Make a commitment to be financially successful and free, also ensure to make time for your loved ones and engage in meaningful activities, even though you may have to work longer, in the end, to make more money. As rewarding as it is to achieve financial freedom and retire early/comfortably, no, you do not want to arrive at your destination having missed out on life along the way. The journey is as important as the destination.