This 246-year American experiment has had its ups and downs, but for the most part, I would say it’s been a resounding success. I haven’t taken a formal poll, but I would guess most of us are happy to no longer be under British rule.
Cash is King, right? I’ve heard that somewhere. We spend the better part of our days working to earn cash, and much of our free time away from that job finding ways to spend our cash.
When earned income ceases, tax bills can, too. An early retiree that has seen the taxman cometh with every paycheck can smile as she watches the taxman leaveth.
When you declare financial independence, you have the power to make the rules that govern your life. Care to cut out the least desirable aspects of your job? Engineer the job that suits you.
Declare a desire for financial independence, and you can start to free yourself of those masters, one by one. The fewer masters you have, the freer you become.
Your master doesn’t have your best interests in mind.
The fellas in Philly had their ducks in a row before declaring independence. They were prepared to fight and prepared to govern under a new and improved set of laws.
They knew the consequences of their declaration and willingly forged a new path. Like them, you are preparing your defenses. You’re working on your offense (income) and defense (spending).