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why is financial freedom important to a businesses and individuals?​

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By having a dedicated financial plan for each goal, you will be able to clearly assess the progress made by your investments towards each goal. Changing circumstances in life and finances could also result in change in the goal, which is why it is important to track the progress made by each financial goal.

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Answer:

Financial freedom is important to business and individuals because when you are financially free, you aren't worrying about how you'll pay your bills or sudden expenses and you aren't burdened with a pile of debt. ... Budgeting can helps you control your spending, track your expenses, and save more money.

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