How Much Is Enough For Financial Stability?

We all want to be financially stable, or maybe I shouldn't generalise it and just say, I want to be financially stable but then I ask myself this question sometimes... How much do I need to have to be financially stable?

How much is enough and do we think it's possible to have enough wealth?
I keep asking myself this question and I'm instead left with no answer but to just strive as much as I can to grow from here I am to where I want to be with no specific huge amount as a target.

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Financial Stability is a stage one get to make financial decisions and take risks without having to worry about the profits and losses involved. One could say he or she is financially secured when there is the stability of income.

Having a stable income or many streams of income is a way to build one's finances to stability but how much do one need to keep this up to gain the freedom they yearn for? For me, I'd say there's no set amount or level but depending on the individual, you decide when it's enough for you.

Someone defined that, "Success is a journey but not a destination".

One's financial stability could be the start for another and that is because every person has a different view to success and being financially free. I've imagined a life where I don't have to worry about money and I remember the times that my decisions could have been better if money wasn't the problem.

Since most of our decisions are influenced by our financial status, it's best to keep in mind how far we want to grow or where we want to stay satisfied and contented with what we have.

With the question "How much is enough for financial stability?" in mind, I began to wonder how well I am doing with the dream of becoming financially stable. After that thought, how much more do I need to get to that stability?

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I don't know about others but I do think the level I'll say it's enough is where I get to make decisions without the usual thought... What about the money needed for this idea to become a reality? What if I go bankrupt? Where do I get the complete amount for it?

If these worries are not there anymore for me, I could say I'm financially free because I remember when these things are my top worries and many good ideas go on hold or to waste. Money is good, no doubt but having it mind to let it work for you is an important part to play in gaining financial freedom.

I know I'm still far from doing all that there is to become financially free but I'm definitely not where I was before, the dream is to have no worries of getting my ideas ditched out because there is no money for it.

How much and how far one should get to for that stability should be decided by oneself and not letting others success define yours for you. I've witnessed both cases to know that it's best to have your own belief and live by it rather than being in a competition with people who aren't even aware that you're in one with them.

• Be mindful of your income and expenses
• Have a growth mindset
• Do not put all your eggs in one basket
• Always prefer to live below your means to aid your saving plans.

These tips and many you might have known already all play a role in building one's mind towards financial stability.

So now it's your turn to give an answer to my question, how much us enough for financial stability?

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