This post is part of a 30-day series called the 30 Steps Program to Financial Independence.

If you’ve been tracking your progress toward financial independence, you’ve likely seen your passive income gradually increase. It might start small, like $5 or $10 a month, but it adds up over time. Even a basic savings account that gives you $1 or $2 in monthly interest counts as passive income. Watching that number grow as you save more, invest wisely, and live frugally is rewarding.

After years, or perhaps even decades, of dedication, you might finally reach your goal: the point where your passive income covers your monthly expenses. This means that if things stay constant, you no longer need to work to sustain your lifestyle. Your income will cover your rent, food, gas, leisure activities, and even holidays. How amazing is that?

This is my ultimate financial goal—reaching the point where I don’t have to work for money. I wouldn’t necessarily stop working altogether, but I could choose to get a part-time job, volunteer, or engage in something meaningful to me. The paycheck wouldn’t be important. I wouldn’t be stressed about my boss or my job security because, if ever I’m no longer happy at work, I could simply leave without worrying about how to pay my rent.