Financial freedom is the state where an individual possesses sufficient wealth, resources, and passive income to sustain their preferred way of life without the necessity of working for an income. It means having enough money to cover all expenses and financial goals, such as retirement, travel, and education, without the need to worry about running out of funds. KEY TAKEAWAYS Make a list of your life goals, big and small, financial and lifestyle, and create an action plan to reach them. Stick to a budget that covers all of your financial needs. Make sure you pay off your credit cards in full, carry as little debt as possible, and keep…