{"id":268,"date":"2021-06-27T23:50:00","date_gmt":"2021-06-27T15:50:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=268"},"modified":"2024-07-12T19:12:53","modified_gmt":"2024-07-12T11:12:53","slug":"financial-independence","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/","title":{"rendered":"7 Benefits of Financial independence (Freedom of wealth)"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Investing_is_the_most_likely_way_to_achieve_financial_independence\" >Investing is the most likely way to achieve financial independence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#My_perceived_freedom_of_wealth\" >My perceived freedom of wealth<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Freedom_of_mind\" >Freedom of mind<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Your_own_values\" >Your own values<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Dont_have_to_look_at_peoples_faces\" >Don\u2019t have to look at people\u2019s faces<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Freedom_in_time\" >Freedom in time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Freedom_of_thought\" >Freedom of thought<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Independence\" >Independence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Dont_have_to_do_things_for_money\" >Don&#8217;t have to do things for money<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Freedom_of_mind_when_getting_old\" >Freedom of mind when getting old<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/27\/financial-independence\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Investing_is_the_most_likely_way_to_achieve_financial_independence\"><\/span><strong>Investing is the most likely way to achieve financial independence<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This is a topic that most people care about. Let\u2019s talk about my opinion. Successful stock investment is the easiest way to help most ordinary people achieve financial independence (I don\u2019t think anyone would think that getting a salary at work can become a rich person? Unless you live in an ivory tower, only a few people have the ability to start up a business, after company successfully goes public, and then makes a lot of money); You can refer to my other blog article &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/29\/the-advantages-of-stock-investment-except-money\/\">The advantages of stock investment, except money<\/a>&#8220;. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"My_perceived_freedom_of_wealth\"><\/span><strong>My perceived freedom of wealth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Regarding the financial independence that most people talk about, my personal view is more non-monetary freedom, including:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Freedom_of_mind\"><\/span>Freedom of mind<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You don\u2019t have to show up every day when you don\u2019t want to , do things you don\u2019t want to do, say something insincere, force yourself to do things that are against your will, and don\u2019t have to worry about your conscience finding out that you have done something you shouldn\u2019t do after many years. When we can feel true inner peace, it is spiritual freedom.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Your_own_values\"><\/span>Your own values<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>you don\u2019t have to be scrutinized, you can be yourself, you don\u2019t have to care about other people\u2019s opinions, you don\u2019t have to live for others.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Dont_have_to_look_at_peoples_faces\"><\/span>Don\u2019t have to look at people\u2019s faces<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Don\u2019t be bullied and swallow, say whatever you like, don\u2019t listen to people nonsense, you don&#8217;t need to be contaminated by the same people without knowing it, you don&#8217;t have to be a social animal, you don&#8217;t have to accommodate anyone or anything, and you don&#8217;t need to pay attention to the fact that blood pressure will soar with a pile of garbage meetings. You don\u2019t have to spend time with people you hate, you don\u2019t have to worry about sour people, you don\u2019t have to be emotionally blackmailed; these have nothing to do with you from now on. <\/p>\n\n\n\n<p>After you are rich, &#8220;What we really want is independence.&#8221; Buffett said: &#8220;<a href=\"https:\/\/min.news\/en\/economy\/2ecba057a8f49c2cb2d0e7a18cc69cd3.html\" data-type=\"URL\" data-id=\"https:\/\/min.news\/en\/economy\/2ecba057a8f49c2cb2d0e7a18cc69cd3.html\" target=\"_blank\" rel=\"noreferrer noopener\">The really great thing is that if you can do what you want to do in life and associate with the people you want to socialize in life, we all uphold this spirit.  This is One of the luxuries in life.<\/a>&#8220;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Freedom_in_time\"><\/span>Freedom in time<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>No more need to wear a watch, no need to set up a calendar, no need to worry about whether the alarm clock will ring.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Freedom_of_thought\"><\/span>Freedom of thought<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Only when you think freely can you have freedom of thought. Without boundaries, you can create great (not necessarily famous) works, and the ultimately it will bring you wealth.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Independence\"><\/span>Independence<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Live for yourself without relying on others or expecting others.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"152\" height=\"102\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2022\/09\/FIRE-1600x1200-1.jpg\" alt=\"Financial independence\" class=\"wp-image-14120\" srcset=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2022\/09\/FIRE-1600x1200-1.jpg 152w, https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2022\/09\/FIRE-1600x1200-1-150x102.jpg 150w\" sizes=\"auto, (max-width: 152px) 85vw, 152px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Dont_have_to_do_things_for_money\"><\/span>Don&#8217;t have to do things for money<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You don&#8217;t need to start with profit, don&#8217;t need to consider returns, you can put your enthusiasm on the people and things you want to do, get along with the people you care about, pursue your dreams, and rediscover yourself. Many people who are not so rich can be happy because they are doing what they are willing to do. As you are financial independence, you don&#8217;t need more money.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Freedom_of_mind_when_getting_old\"><\/span><strong>Freedom of mind when getting old<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>When we start to grow old, we no longer care about the affirmation of others, no longer care about whether we can excel at work, do not need to be blessed by external high-end food, transportation and housing, or show off our status sign &#8212; We begin to pay more attention to whether we are doing what is really important and what we want to do from our hearts. This is the happiness and freedom we pursue in our life.<\/p>\n\n\n\n<p>Money is not freedom, your time and heart are.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The greatest benefit of freedom of wealth is to have the freedom to choose, and having the freedom to choose is &#8220;priceless.&#8221;<\/p>\n\n\n\n<p>I personally appreciate Duan Yongping\u2019s definition of financial freedom the most. He believes that \u201cwhen you don\u2019t do things you don\u2019t want to do for money, you actually already have financial freedom.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/01\/15\/duan-yongping\/\" target=\"_blank\" rel=\"noreferrer noopener\">Duan Yongping\u2019s investment empire and his BBK Group<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The greatest benefit of Financial independence (freedom of wealth) is to have the freedom to choose, and having the freedom to choose is &#8220;priceless.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":14120,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,391,14,11],"tags":[],"class_list":["post-268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth-management","category-duan-yongping","category-investing-concept","category-buffett"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=268"}],"version-history":[{"count":27,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/268\/revisions"}],"predecessor-version":[{"id":24354,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/268\/revisions\/24354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/14120"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}