To celebrate July 4, declare your financial independence.
Independence Day is the perfect holiday to think about your financial freedom — and the freedom to pursue whatever gives you happiness and your life meaning. Not that money alone provides happiness or meaning. But without enough money, you may be working the rest of your life, or living a life far from your dreams. So whether you’re in Independence, Ohio, or Independence, Ill., here’s a simple (but not so easy) guide to getting there.
First and foremost, live below your means. Research indicates that spending more money isn’t going to make you much happier in the short-run. Saving money, on the other hand, is likely to make you happier
long-term, and even help you live longer.