Question

Pick 2 correct statement about financial independence

Answer 1

Here are two correct statements about financial independence:

1. **Living Below Your Means:** Achieving financial independence often requires individuals to live below their means, allowing them to save and invest a significant portion of their income over time.

2. **Investment and Passive Income:** Financial independence typically involves creating multiple streams of income, including investments and passive income sources, which can provide financial stability and reduce dependence on a traditional job.