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TIP536: Buffett and Munger’s Principles and Mental Models
We Study Billionaires - The Investor’s Podcast Network
Chapter 9 - Financial Independence
Financial independence is being in a position where you don't have to work in order to pay your bills./nThis can mean you have enough income coming in from investments, or you just have enough money saved up that's enough for you to live on for the rest of your life./nBeing financially independent means that you don't have to depend on others, including a boss, any client, a schedule, or a paycheck./nGodam says that true wealth is measured in terms of personal liberty and freedom, not monetary currency or money. Money alone does not signify independence. Control over our time does.
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