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Being financially responsible is not about living up to anyone’s standard of perfection. It is about respecting and valuing yourself, protecting your interests, and leaving many doors open for you to do whatever it is you want to do: travel, buy a home, provide for your children, or start a business.
I’d say that’s a good definition for financial independence as well.
Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.