The steps to financial freedom are not ‘one size fits all.‘ Many people believe that financial freedom is all about their finances, there’s more to it than just that – it’s about more than money.
Sure, you can achieve financial freedom through proper financial planning and following all of the key personal financial ratios.
You should follow solid financial practices like creating a budget, monitoring and controlling your expenses, and saving a good percentage of your money.
Generating multiple sources of income and making numerous investments to help increase your cash flow will also help you achieve financial freedom. But, there is more to financial freedom than just the state of your budget and your portfolio.