Financial autonomy refers to the ability of individuals or groups to make independent financial decisions without relying on external support. This concept emphasizes self-sufficiency, allowing people to manage their resources effectively, set personal financial goals, and achieve economic independence. Achieving financial autonomy often involves budgeting, saving, and investing wisely. It can also include understanding financial products and services, such as bank accounts, loans, and insurance. By gaining knowledge and skills in these areas, individuals can enhance their financial literacy and improve their overall financial well-being.