Financial liberty is sometimes used interchangeably with monetary independence. In general, attaining monetary flexibility indicates living conveniently without money-related stress.
What financial freedom in fact implies to you depends upon your financial scenario and history. For some, financial flexibility implies having paid off all arrearages. For others, it means having sufficient money after footing the bill each month to conserve, grow retirement cost savings or just manage a preferred way of life. For others still, it means being able to pursue interests and passions without having to fret about monetary strain.
