Displaying posts tagged with

“financial independence”

As Long As Nothing Goes Wrong

Friends of ours who had enjoyed years of relative financial security decided in their late-fifties to sell the house they had owned for decades and buy their dream house.  They admitted that the new house had stretched their finances, but they were confident that they would be okay financially as long as nothing went wrong. [...]

Passive Income: The Goose That Lays The Golden Egg

The key to achieving financial independence is passive income.  In fact, financial independence is defined by passive income.  Passive income is  money you don’t have to work for.  It is usually derived from some form of work you have done previously, work that continues to produce income over time without any additional effort on your [...]