How To Increase Your Financial Independence Factor

How can I increase my financial independence factor?

There are two ways to increase your financial independence factor. One is to increase your income so there are a couple of things you can do there. You can increase your true passive income, which would be rental income, social security, things like that. You can increase your investments, because the larger your investment account is, the more income that it'll produce every single month. The second one is you can reduce your expenses. So by doing either of those things, you can increase your financial independence factor.