[kat82]

Some build wealth through skills or business alone. Do you think assets are essential?

[germainebull]

Yes, it is possible to achieve financial freedom without owning assets like land or a house. Many people build wealth through their skills, businesses, or services they provide. The ability to generate a steady income is an asset in itself.

However, assets like a house or stocks add financial security and provide long-term returns. The best way is to combine talents, knowledge, and investments wisely. Everyone has their own path—all it takes is discipline and clear goals.

[nela13]

However, assets like a house or stocks add financial security and provide long-term returns.

I agree, it is possible to have a good financial life, be independent and have enough income to cover all your expenses and to achieve some dreams but some assets are essential to give you peace of mind, security and a more confortable future.

[germainebull]

However, assets like a house or stocks add financial security and provide long-term returns.

I agree, it is possible to have a good financial life, be independent and have enough income to cover all your expenses and to achieve some dreams but some assets are essential to give you peace of mind, security and a more confortable future.

Yes, it is possible to achieve financial freedom without owning assets. The key is to have a stable source of income that can cover your needs. Assets like a house or stocks help with long-term security, but financial discipline, a good budget, and smart investments can take you far.

[MysticMoons]

they can but its harder.. its better to have investment making you money
while you sleep.. and assets you can sell off later on in life

[kat82]

Assests are can be sold off in times of emergency. So they are worth since they guarantee riches in times of need. I think they are worth though not 100% sure way to be financially independent.

[germainebull]

Can people achieve financial independence without owning assets?
by nela13 » 27 Sep 2025, 20:44

germainebull wrote:
However, assets like a house or stocks add financial security and provide long-term returns.

I agree, it is possible to have a good financial life, be independent and have enough income to cover all your expenses and to achieve some dreams but some assets are essential to give you peace of mind, security and a more confortable future.

Assets like a home or investments indeed increase financial security and provide long-term benefits. They act as a buffer, especially in times of emergency or retirement. But they are not necessary for financial independence.

The key is to plan well, live with discipline, and invest wisely.

[kat82]

Assets like a home or investments indeed increase financial security and provide long-term benefits. They act as a buffer, especially in times of emergency or retirement. But they are not necessary for financial independence.

The key is to plan well, live with discipline, and invest wisely.

I personally think that true financial independence starts with mindset and discipline, not just assets. Even without owning a home, consistent saving, smart investing, and good planning can create real security over time.