Financial independence
Financial independence is generally used to describe the state of having sufficient personal wealth to live, without having to work actively for basic necessities. For financially independent people, their assets generate income that is greater than their expenses. For example, a person's quarterly expenses may total $4,000. They receive dividends from stocks they have previously purchased totaling $5,000 quarterly, while also having more money in other assets. Under these circumstances, a person is financially independent. A person's assets and liabilities are an important factor in determining if they have achieved financial independence. An asset is anything of value that can be liquidated if a person has debt, whereas a liability is related to debt, in that it is the responsibility of
Financial independence
Financial independence is generally used to describe the state of having sufficient personal wealth to live, without having to work actively for basic necessities. For financially independent people, their assets generate income that is greater than their expenses. For example, a person's quarterly expenses may total $4,000. They receive dividends from stocks they have previously purchased totaling $5,000 quarterly, while also having more money in other assets. Under these circumstances, a person is financially independent. A person's assets and liabilities are an important factor in determining if they have achieved financial independence. An asset is anything of value that can be liquidated if a person has debt, whereas a liability is related to debt, in that it is the responsibility of
has abstract
25بك المحتوى هنا ينقصه الاستشه ...... حاجة للتوسيع. شارك في تحريرها.
@ar
El término independencia finan ...... o y no a la riqueza en dinero.
@es
Financial independence is gene ...... pendence because of inflation.
@en
财务自由是指你无需为生活开销而努力为钱工作的状态。简单地说, ...... 婴儿潮一代陆续开始领取退休金时,社会保障体系被预言将会崩溃。
@zh
Wikipage page ID
24,007,476
Wikipage revision ID
736,220,170
type
comment
25بك المحتوى هنا ينقصه الاستشه ...... حاجة للتوسيع. شارك في تحريرها.
@ar
El término independencia finan ...... o y no a la riqueza en dinero.
@es
Financial independence is gene ...... t it is the responsibility of
@en
财务自由是指你无需为生活开销而努力为钱工作的状态。简单地说, ...... :
* 创造资产
* 减少负债
* 管理日常开支
@zh
label
Financial independence
@en
Independencia financiera
@es
الاستقلال المالي
@ar
财务自由
@zh