Financially, and otherwise, it enables you to stand on your own feet (7)
I believe the answer is:
balance
'it enables you to stand on your own feet' is the definition.
The definition suggests a singular noun which matches the answer.
I can't explain the rest of the clue.
Can you help me to learn more?
(Other definitions for balance that I've seen before include "A steady position as on scales" , "Rest" , "State of equilibrium" , "the unstable may lose before fall" , "emotional stability" .)