How is Emerson's idea of Self-Reliance different from and similar to the common use of the term?

To me, Emerson's idea of self-reliance is very different
from that which is commonly used.  I think that we usually use this phrase to mean
independence -- to mean that a person does not need other people to support them,
especially economically.  This is not what Emerson is talking
about.

To Emerson, self-reliance is more of a moral idea. 
What he means by this phrase is that people should rely on their own ideas about what is
wrong and what is right.  He believes that people should not allow society to tell them
what to do or how to feel.  Instead, people should follow the dictates of their own
consciences.

To me, these are very different usages.  Our
common usage is more mundane and every day because it is based on issues of economics
and material things.  By contrast, Emerson's usage is centered on morals and ideals, not
material things.