What does it mean to achieve "financial independence"?

Achieving "financial independence" signifies the ability to support oneself without reliance on others. This concept focuses on attaining a level of financial security where an individual can cover all their living expenses and financial responsibilities without depending on external sources, such as family, friends, or social assistance.

Financial independence usually involves having sufficient income, savings, or investments that consistently provide the means to sustain one's lifestyle. This level of self-sufficiency offers individuals the freedom to make choices about their lives without the stress of financial constraints.

The other choices do reflect aspects of financial management, but they do not encapsulate the full meaning of being financially independent. Spending freely, generating income through investments, or living without expenses can be part of a financial strategy but do not accurately define the core principle of being able to sustain oneself independently.