Benefits of Financial Freedom

We talk a lot about “financial freedom” on Passive Income MD. Heck, it’s right there in our tagline. Of course, most of us are at least familiar with the term. But what does it mean to actually be financially free? If we make it a goal, what are we really working toward?

Rather than looking at financial freedom as an abstract concept, it can be very useful to visualize exactly how it could impact your life.

Benefits of Financial Freedom

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Ultimately, financial freedom means different things to different people. To me, true financial freedom comes when you can quit your day job and still be able to cover your expenses.

What Is Financial Freedom?

One of the most basic human needs is the feeling of security. It dictates how we act and the decisions we make every day.

More Security / Less Stress

Financial freedom gives you the choice to work how and when you want. As such, you can decide exactly how to spend your time. 

Control Over Your Time

I continue to practice medicine because it continues to be a passion for me. Still, I’ve chosen to do so at a lesser capacity, in order to spend time with family and pursue other interests.

Choose to Pursue Other Passions

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