Financial independence is the ability to live from the income of your own personal resources.
To become financially independent you must turn part of your income into capital; turn capital into enterprise; turn enterprise into profit; turn profit into investment; and turn investment into financial independence.
In America, one of the great liberal documents of the world is the Declaration of Independence. One of the great conservative documents of the world is the Constitution of the United States. We need both documents to build a country. One to get it started - liberal. And the other to help maintain the structure over the years - conservative.
If you are not financially independent by the time you are forty or fifty, it doesn't mean that you are living in the wrong country or at the wrong time. It simply means that you have the wrong plan.
It's not dependency that creates your future. It's independence that creates your better future.
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