To become financially independent, one of the biggest thing to do is to find out your enough. I think that is the hardest part too. Our mind's potential is unlimited and so is its desires. We never get satisfied with all the material things we have and we keep on desire for more. If we have 2 bhk house, then we will desire 3 bhk. If we have a small car, then we will desire for bigger car. There is no end to our desire and while we are busy wanting for more we don't appreciate what we have.
Finding your enough is about deciding how many material possessions you want and how much money is enough for you to live a comfortable and meaningful life. We need to take a step back and find out what all we have and how much more we want after which we can slow down. The major benefit you get is that once you have your enough, you can focus on other areas of your life such as family life, personal growth and spiritual growth. I think you all will agree that we are on this earth to grow in all areas of life and not just the material world.