Hello hope everybody is doing fine. In this blog i am stressing about financial independence and why do we need it and what exactly do we achieve from obtaining it.

Whenever we talk about financial independence it's a state where an individual can maintain his financial stability and lead a comfortable life without worrying about the losses. The main thing to achieve this state is a stable paying job which pays you by the hour , day, week or month or even annually. We have to keep thriving in that and see to that its not a dead end job without any further improvement in the pay or the position. There is something called 50-30-20 rule which we have to follow for our monthly budget.   

50% of the income for the daily life expenses such as rent, bills, groceries and other basic amenities 

30% of the income for luxury expenses such as going out, trips, hotels and movies.

20% of the income goes for savings without further ado

This really helped me a lot so it might help you out also. Try to follow it and see the difference.

If one wants to grow financially they can't rely on one income, more than once income is necessary to meet the needs. Thus one can find out in which field he is interested in and how he can liquidate the income from that particular field. Personally even i am trying to get hold of a second income and making my own research in my own field where i can invest.

The earlier you think to attain financial independence it is better for your own good. And i want to stress about woman achieving financial freedom which is an important thing in todays world as woman tend to wind their life based on the financial stability a man provides. Thus these days marriage has become a platform of business where men is looked at as a money providing commodity so higher he earns higher is his value in the marriage market. And also your decisions wont be biased when you are financially independent. Thus my advice to everybody out there especially the strong woman out there kindly find ways to become financially independent which is a must these days and you can improve your standards of living and quality of life. The others who are thriving to achieve it like me i would wish them luck and don't give up till you reach your goal