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How would you explain the difference between Job Security and Financial Freedom?

April 26, 2017Business Careers difference employment explain Finance financial Job Services

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How would you explain the difference between Job Security and Financial Freedom?

1 Answer

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10 Posted

There is no correlation between job security and financial freedom. Just because you are secure in your job does not mean you will have financial freedom. The reasons are: 1. you could be earning small wages, 2. you could be mismanaging your money and have lots of debts, 3. you don’t save enough to reach financial freedom. You need to save at least 5 to 10% of your income and have no debt to get financial freedom.