How can you reach financial independence sooner?

Question

Quizplus · Accepted Answer

The most effective way to reach financial independence sooner is to lower your expenses and increase your saving or investing. This can be done by creating a budget, cutting unnecessary expenses, investing in income-producing assets, and increasing your income through side hustles or negotiating a raise. By doing this, you can save more money and reach financial independence faster.

Answer: B and A 
 Increasing your income while also reducing your expenses can be a powerful combination for reaching financial independence sooner. By increasing your income through side hustles, investing in yourself, or negotiating a raise, you can have more money to save or invest. Combined with lowering your expenses, this can create a larger gap between your income and expenses, allowing you to reach financial independence faster.

How Can You Reach Financial Independence Sooner