Precisely 242 years ago, a bunch of ragtag colonists declared their independence from the tyranny of a monarchy across the sea. On July 4, we acknowledge their courage with celebrations all across America.
Many people will enjoy fireworks displays. Others will hit the beach, host a barbecue or simply relax and reflect on how lucky they are to live in such a great nation.
But if you are deeply in debt — or simply on shaky financial ground — you can use the spirit of the holiday as motivation to break free of another type of tyranny: the prison of bad financial decisions.
Following are five changes you can make that will help put you on the path to financial independence.