As with many things in life, if you start looking behind the simplicity of a concept there is more than just a black and white division, a yes or no, a fail or succeed. Even with financial independence the reality is that you aren’t just financially independent or not… Indeed there are many different financial phases that one can reach along the way.

Below are the 8 most commonly identified stages, starting with financial dependence going all the way up to and then well past financial independence. Continue reading “Step 86: The 8 Stages of Financial Independence” →