Definition, Meaning & Synonyms

financial-autonomy

noun

/fiˈnænʃəl ɔːˈtɒnəmi/

Definition

The ability to manage one’s own financial resources independently without reliance on external support.

Examples

Achieving financial autonomy allows individuals to pursue their dreams without worrying about external financial constraints.
Many people strive for financial autonomy to enjoy a sense of security and freedom in their lives.
Starting a business can be a path to financial autonomy for those looking to escape traditional employment.

Meaning

Financial autonomy refers to the state in which an individual or organization has full control over their financial decisions, enabling them to make choices that align with their personal goals or beliefs.