Cash vs Credit
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Questions and Answers

During tough economic times, people tend to rely more on credit than cash

False

Using cash is always better than using credit for managing your finances

False

The decision to use cash or credit depends on personal financial situation and goals

True

Which of the following is considered the biggest challenge for achieving financial independence and early retirement?

<p>Insufficient savings</p> Signup and view all the answers

What factor can make it difficult to achieve financial independence and early retirement?

<p>Lack of financial literacy</p> Signup and view all the answers

Which of the following can be a significant obstacle to attaining financial independence and early retirement?

<p>Minimal income growth</p> Signup and view all the answers

Which of the following is the biggest challenge for achieving financial independence and early retirement?

<p>High cost of living</p> Signup and view all the answers

What is a common obstacle to attaining financial independence and early retirement?

<p>Dependence on credit cards</p> Signup and view all the answers

What factor can make it difficult to achieve financial independence and early retirement?

<p>Lack of job security</p> Signup and view all the answers

Which of the following is a common challenge for achieving financial independence and early retirement?

<p>Lack of proper financial planning</p> Signup and view all the answers

What is a key factor that can make it difficult to achieve financial independence and early retirement?

<p>Lack of financial discipline</p> Signup and view all the answers

Which of the following is a significant obstacle to attaining financial independence and early retirement?

<p>Lack of financial knowledge</p> Signup and view all the answers

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