Everyone has their reason why they want to be financially stable but the main reason a lot of people have for wanting to become rich is for them to be stable enough to live the life that they want. Being financially free comes with a lot of advantages and one of them is independence, you don't have to rely on anyone for anything, this is what makes life easier. A lot of people get exhausted when it comes to working for people. when you get rich you are free do whatever you like, people working for others don't really have that freedom.
Financial freedom is the main goal of people becoming rich and you are right about it, having that idea of being free from debt and living their lives to the fullest is exactly why people are struggling everyday to make or earn money or start up their own businesses, because working under another person could be really exhausting and may not really give one the freedom and the peace of mind they want, but still, it's important for one to be disciplined when they have the money to maintain their investment or wealth.
I agree with you, being rich means getting yourself to a state where you can do anything, but you never have to worry about your limited balance.
You can buy whatever you want, go wherever you want, but in no case do you have to worry about finances, in my opinion this is financial freedom.
But yes, just spending money carelessly will definitely end all your money at some point. So you have to use money properly, so that money keeps building up over time. You have to save money properly, manage your business so that money doesn't stop building up, and finally, you have to enjoy your freedom by spending money with your family. So you have to be prudent in all aspects, freedom is not easy.
