What does Financial Independence mean to you?

31 thoughts on “What does Financial Independence mean to you?”

  1. I would say that financial independence means that you literally no longer have to depend on someone else to maintain a living. That’s it… you might be self employed or do nothing…regardless, it’s all on you! The freedom of leaving managers and HR depts. behind is something I long for as well!

  2. I’m not a financial blogger by any means but love the idea of FI. Infact, it’s something I’m working towards on my own and I already feel the benefits. For me it is 100% about freedom. Freedom from my debt, freedom from working solely for the purpose of making ends meet and freedom from all of the stress, worry, etc that money can cause. I’ll probably continue working long after reaching FI, but that’s because I enjoy work. I hope FI will give me the freedom to choose work I am passionate about without worrying about how much money it’ll make me. Great post!

    1. Hi Stephanie!

      Beautiful blog – as a fellow photographer, I love your work. You truly are a talented and gifted artist. I’m bookmarking your site and will re-visit on the regular.

      I also added your perspective on FI to my list. You certainly don’t NEED to be a personal finance blogger to have a good perspective on FI, like you.

      Thanks for stopping by!

  3. Great post! For me it’s finding the balance between the broader definition of FI and one’s personal definition of FI. I want to eventually be FI and sustain myself through passive investments, but I don’t want to be obsessed with money in trying to achieve that goal, which is more about being the person you want to be like your wife said.

    1. Yup, I completely agree. Finding how FI fits into your lifestyle is absolutely the best way to stay productive, active and happy throughout your life. Taking things to the extreme, even if that means “extreme savings”, might be a little too much. Balance is key! 🙂

    1. Thanks Brian! Yeah, I love seeing how close most of us are in our definitions of financial independence. It means we are all shooting for a similar goal, and we all will probably know exactly when we’ve hit our target.

      And, we’ll probably be quick to tell our blog readers alllll about it. 🙂

  4. FI means no alarm clocks! No obsessive need to check in with email or phone at all hours. Any work is by choice and not stressful. Work is not necessary to cover living expenses. Love this rundown — cool to hear from many bloggers in one place.

  5. Great idea on compiling this list, and nice execution. I agree with Debtless in Texas that it’s nice to see people viewing it as freedom. Plus it looks like there are some “new” bogs for me to check out as well. Thanks again!

  6. First of all, thank you for including me. Second, great concept for a post. It was really interesting to read everyone’s perspective on the question. I’ll admit, I thought I knew the answer right away, but as soon as I emailed you back I was second guessing it. Now reading everyone else’s thoughts, I’m doing that even more. Awesome post, Steve. Thank you!

  7. Great article. Glad you retweeted it so I could find it. I like some of the comments, especially that FI doesn’t mean one is “Done Working.” I’m not, I just get to do it when and where I want. No commute, no dressing for work, etc.

    Just get up each day and do what I want. Sometimes it involves making money, sometimes it doesn’t.

    Keep the great stuff coming!

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