National Financial Freedom Day
July 1, Tuesday
What is financial freedom
Financial freedom means that a person has enough savings, investments, and income to live the way they want without depending on monthly loan payments or mandatory work.
Main principles of financial freedom
* Getting rid of debt
* Building an emergency fund
* Regular investing
* Increasing financial literacy
* Being able to control spending
* Creating passive income
How it is celebrated
* Reviewing and adjusting personal or family budgets
* Setting financial goals for the near and distant future
* Reading financial literacy literature
* Consulting financial experts
* Sharing success stories on blogs and social media
* Starting to save money or make first investments
Interesting fact
Many Americans use this day as a starting point for the popular FIRE (Financial Independence, Retire Early) movement — financial independence and early retirement.
Conclusion
National Financial Freedom Day is not only a date on the calendar but an important opportunity to reflect on financial habits, start the path to independence, and increase awareness in managing personal finances.