Financial Freedom - Introduction

There is no specific definition of financial freedom.  It may mean different things to different people. For some, it may mean getting rid of the debt trap. Or, it could be having enough money for children’s education to fulfil their dreams or having sufficient corpus in retirement age.  For some, it may mean escape from work drudgery and pursue their passion without having to worry where the next pay cheque will come from.  

Above all, true financial freedom means not feeling trapped or stuck by lack of financial resources and having the financial capability to deal with any critical situation in life. To attain this stage in life, you need to smartly make your money work harder for you rather than you falling into the money trap. A rise in salary, receiving promotion or a fat bonus and other perks are not enough to strengthen your financial foundation. Managing your hard earned money prudently is what matters most to achieve financial liberty.

 Through this blog, I aim to share simple, practical, easy-to-do tactics which would help one manage  finances better. For this purpose, this blog will touch upon personal finance topics ranging from investment planning, insurance, tax, and retirement.

Watch out for this space.