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The author of this blog isn't a certified financial advisor or a certified financial planner. Please consult a qualified financial planner / certified financial advisor before taking any actual investment decisions. Views expressed on investments is purely authors own opinion / experience and shouldn't be construed as an investment advice. All information on this blog is just a point of view from authors perspective merely for educational and informational purpose only.

There is no guarantee / certainty of profits or windfall gains to be made on the basis of data or information on this blog. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments.

Saturday, August 29, 2009

Financial Independence

What is Financial Independence?

Well the definition may differ from person to person and how a person perceives it. My own perception of Financial Independence is to have steady stream of income such that one can lead a comfortable life without much ado about finances. Thus achieve financial independence.
Most of us strive to create wealth for self to have a comfortable and tension free life. But we know for the fact that human by nature is very much materialistic and derives happiness with material ownership one has. Being human we tend to be more comparative in terms of our own wealth as compared to what others have (benchmarking peers probably). And thus end up being unsatisfied with whatever amount we have collected. Remember what Gautama Buddha said “Desire is root cause of sorrow”

All of us would like to lead a comfortable pre and post retired life, provide the best education to our children, own a comfortable house and have a few other things that could facilitate a particular lifestyle. Needless to say, only financial independence can help us achieve all these objectives.
Thus to achieve financial independence could be and should be one of our primary goals in life. To achieve this primary goal its best started as early as possible. It’s never too early to start if you haven't started your journey toward financial independence today is the day rather the moment you read this you should start your voyage.

Please keep looking up my blog to enjoy your journey with me by sharing your thoughts, comments, views and opinions.

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