Financial goals differ from person to person depending on the individual aspirations, responsibilities and lifestyle expenses. It is important for everyone to plan their finances, keeping in mind both their needs and desires. This is where the concepts of financial independence and financial freedom come into the picture. Though often used interchangeably, they offer different degrees of control and choices. Understanding distinctions between them is crucial for effective wealth planning for every individual, irrespective of the profession or financial state they are in. Let us explore to understand what sets them apart and how they aid differently in shaping the…

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