There are many definitions of financial freedom:
Wealth magazines directly throw out tables full of unattainable digital thresholds, telling you how many houses, cars, and deposits are needed in first-tier, second-tier, and third-tier cities to be called "financially free". Be wary of this brainwashing that snatches the right to define. When you accept the money numbers set by the mouthpiece of capital as your goal, you are fooled again, fall into the trap of struggling for money and working hard for money, and continue to be a slave to money and capital.
The second definition is from an accounting perspective. When the passive income provided by your return on net assets is enough to cover your daily expenses, it is defined as financial freedom. For example, the rent provided by your house, the dividends provided by your stocks, and the annual growth of your BTC are enough for you and your family to eat, wear, and use, this is the state of financial freedom.
Another one is from the perspective of production relations. When you can "retire" early from an employed job and can maintain your current life without working for a salary, then you have achieved financial freedom.
Overseas netizens call the last one "FIRE" - Financial Independence Retire Early (financial independence, early retirement).
Financial freedom is not difficult. Through hard work, everyone can realize their own FIRE plan. Simply put, it is a three-step process:
1. Choose a target for savings
2. Continue to accumulate savings
3. When savings are sufficient, retire early
