Paying off your mortgage is certainly a positive step towards achieving financial stability, but it’s not necessarily enough to guarantee financial freedom. While owning your home outright can certainly reduce your expenses and provide some financial security, there are other factors to consider when it comes to achieving long-term financial independence. One important factor to consider is building wealth through investments. By investing in a diverse range of assets, real estate, you can build a portfolio that generates passive income and grows in value over time. Additionally, it’s important to consider factors such as retirement planning, estate planning, and risk management to ensure that you’re fully prepared for any financial challenges that may arise.