Step 5: Repeat And Be Prepared To Change Your Mind
Your definition of financial independence is constantly changing in response to market conditions and your personal needs. To maintain and grow your independence, you are constantly going back to the beginning and redefining the framework for financial independence every year, every five years, and every decade.
- Sometimes you need more cash flow, sometimes you are in for growth, and sometimes you want both.
- Business opportunities arise and you decide to invest; personal crises come around and you liquidate.