Financial freedom refers to the state that a person does not have to work hard for living expenses but works for money. That is, when the passive income generated by a person's assets exceeds his daily necessary expenses, the person enters a state of financial freedom.

For example, suppose we spend 1 000 yuan on food, clothing, housing and transportation every month, and the passive income generated by assets such as bank interest income exceeds 1 000 yuan every month, then we have entered a state of financial freedom. This 1000 yuan is the critical point.

In other words, you can work as you like, and you don't have to worry that you can't live without a job, or you can choose to do what you like, instead of being forced by life to do something that you obviously don't like but have no choice.

Financial freedom is destined to belong to only a few people, because the passive income on which financial freedom depends must come from the active income of others. For example, when we buy a building, we only need to collect rent every month to survive. The source of this rent is the active income of others.

What is the standard of financial freedom? In fact, there is no standard, because different lifestyles are doomed to different standards of financial freedom for everyone.