Financial independence is usually thought of as

A)

freedom from financial debt.
B)

having enough resources to be self reliant.
C)

being free of parental financial support.
D)

a strategy to minimize federal income taxes.

B

Business

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Explain why in practice arbitrage-free models are typically used rather than equilibrium models

What will be an ideal response?

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Tran is employed at a company that annually contributes anywhere from 2% up to 12% of his salary into his retirement plan, depending on how good the company's financials were that year. This type of contribution plan is a(n) ________ plan

A) 401(k) B) ESOP C) profit-sharing D) performance

Business