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MoneyGab » financial independence http://moneygab.com Mon, 24 Aug 2009 09:27:19 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 MoneyGab Definitions: What does ‘financial independence’ mean? http://moneygab.com/what-does-financial-independence-mean/ http://moneygab.com/what-does-financial-independence-mean/#comments Mon, 29 Jun 2009 05:15:34 +0000 Nathan http://moneygab.com/?p=25 Financial independence has two meanings.

1. You won’t outspend your saved up resources.

2. The dividends you receive from your investments is equal to, or greater than, your current spending output. That is, you can live off of the income generated from your financial products alone.

- Nate

Any other definitions you can think of?

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