{"id":2784,"date":"2021-06-28T07:41:00","date_gmt":"2021-06-28T12:41:00","guid":{"rendered":"https:\/\/financialdesignstudio.com\/?p=2784"},"modified":"2021-07-23T12:02:01","modified_gmt":"2021-07-23T17:02:01","slug":"video-financial-independence-day","status":"publish","type":"post","link":"https:\/\/financialdesignstudio.com\/video-financial-independence-day\/","title":{"rendered":"Financial Independence Day [Video]"},"content":{"rendered":"\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/6gMAKHC6-Lk\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/p><\/iframe><\/p>\n\n\n\n<p>Independence Day means different things to different people. &nbsp;To some it means the Declaration of Independence for our country. &nbsp;To others it\u2019s a favorite movie or even the day they finally retire.  I love to read books, blogs, or articles. &nbsp;I recently came across the concept of financial independence defined by the acronym<strong> <\/strong>F.I.R.E.<\/p>\n\n\n\n<p><strong>F: Financial<\/strong><\/p>\n\n\n\n<p><strong>I: &nbsp;Independence<\/strong><\/p>\n\n\n\n<p><strong>R: Retire<\/strong><\/p>\n\n\n\n<p><strong>E: Early<\/strong><\/p>\n\n\n\n<p>This simply means the ability to have and to make choices. &nbsp;So to each person this is going to mean something different. &nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What does Financial Independence mean to you?<\/h2>\n\n\n\n<p>First it could mean you\u2019re living within your means or you\u2019re debt free now. &nbsp;Secondly, to others it may mean having enough in savings whether in investments or cash.<\/p>\n\n\n\n<p>Retire early means something different to everyone as well. &nbsp;It may mean you\u2019re retired. It may mean you\u2019re still working but working less. &nbsp;Maybe you\u2019re able to do your hobbies and earn money from them. Possibly you\u2019re able to just do what you love which could be a form of working too. &nbsp;However, it could also be that you\u2019re able to set your own schedule or volunteer more. Finally it could also be questioning if 65 is even the age you want to retire.<\/p>\n\n\n\n<p>One blog I like to follow, Mr. Money Mustache, says it this way: &nbsp;\u201cWork is more enjoyable when I don\u2019t need the money.\u201d  Therefore, as much as this is about financial concepts it\u2019s also a philosophy of life. &nbsp;Think about it for yourself. Why do you work? What do you spend? What does retirement look like?<\/p>\n\n\n\n<p>Lastly, my encouragement to you is: You have one chance at this. &nbsp;Are you living on purpose with purpose? If not, what needs to change?  If you ever want to <a href=\"https:\/\/financialdesignstudio.com\/how-a-financial-advisor-helps-you-make-progress\/\" target=\"_blank\" rel=\"noreferrer noopener\">discuss financial independence and what this means for your plan <\/a>please reach out we would love to help you with your financial plan!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What does Financial Independence mean to you?  It can have many meanings.  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