Financial independence is when your investments bring in more income than you need to live on.  What this means is that you have decoupled your time from your finances.  You can spend your time doing anything you want without having to worry if money is going to come in or not.

Buy small liabilities and instead invest in assets was the end of my last blog post.  This sounds great but how the hell do you actually do that? How do you buy an asset? Are you asking me to go out an buy an investment property now? I don't have the cash!

Where does all the money go?  What are you spending it on? We have HOW MUCH LEFT?!??? Most people have no idea where all their money goes and are shocked at how little they have left at the end of the month.  Where is your money going and what are you spending it on?