Can You Attain Financial Freedom?
As originally appeared in The Jerusalem Post on April 17, 2026.
As we move from the solemnity of Holocaust remembrance and Israel Memorial day into the celebration of Yom Ha’atzmaut, Israel Independence Day, Israelis are reflecting on what independence actually means.
Especially in the midst of 2.5 years of an existential war and surging global antisemitism, we celebrate national sovereignty, the miracle of a country that can both defend itself and chart its own destiny. While many may have taken these things for granted and not given much thought to what having a country actually means, the October 7 wakeup call has changed that; national pride has surged, even with the problems that exist.
I think that’s a welcome change. Instead of people complaining with the state, they are now grateful for it. They understand that no society is perfect, which fosters a renewed focus on improving the country.
Put down your flags and BBQ tongs. Put your adult beverages back in the fridge. As Israelis gear up for Independence day, it’s a great time to look at your own financial situation and make sure that you are on the road to financial independence as well.
What is financial independence? While some might think that it’s setting around the world in your own private jet, I am going to stick to the definition used by Wikipedia: “financial independence is having sufficient personal wealth to live indefinitely without having to work actively for basic necessities. In the case of many individuals whose financial circumstances fit this description, their assets generate income that is greater than their expenses. Under such circumstances, a person is financially independent.”
Are you financially independent? It’s a question worth asking, because while Israel has achieved remarkable economic strength in a relatively short time, many individuals still struggle to achieve their own version of independence. Yom Ha’atzmaut is therefore not just a national milestone – it’s a powerful metaphor for personal financial growth.
Think about Israel in 1948. A fledgling state, lacking infrastructure, surrounded by enemies, and heavily dependent on outside support. Fast forward to today, and Israel is a global economic powerhouse, a leader in technology and innovation, and largely economically self-sufficient.
That transformation didn’t happen overnight. It required vision, discipline, sacrifice, and long-term planning.
The information contained in this article reflects the opinion of the author and not necessarily the opinion of Portfolio Resources Group, Inc. or its affiliates.
Aaron Katsman is the author of Retirement GPS: How to Navigate Your Way to A Secure Financial Future with Global Investing (McGraw-Hill), and is a licensed financial professional both in the United States and Israel, and helps people who open investment accounts in the United States. Securities are offered through Portfolio Resources Group, Inc. (www.prginc.net). Member FINRA, SIPC, MSRB, SIFMA, FSI. For more information, call (02) 624-0995 visit www.aaronkatsman.com or email aaron@lighthousecapital.co.il.
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