Problemas
4. True financial security is achieved when your money begins to generate an income-your money starts working for you. False -True
Roztwór
Adrián
maestro · Tutor durante 5 años
4.1
(177 Votos)
Respuesta
False
Explicación
## Step 1The problem presents a statement about financial security, which is a concept in personal finance. The statement is: "True financial security is achieved when your money begins to generate an income-your money starts working for you."## Step 2The statement suggests that financial security is achieved when your money starts generating income, or in other words, when your money starts working for you. This is a common belief in personal finance, where the idea is that having multiple streams of income can lead to financial security.## Step 3However, the statement is not entirely accurate. While having multiple streams of income can contribute to financial security, it is not the only factor. Financial security also depends on factors such as having an emergency fund, paying off debts, and having a diversified investment portfolio.## Step 4Therefore, the statement is not entirely true. While having money that generates income can contribute to financial security, it is not the only factor. Therefore, the answer is "False".