Yes, Long-term financial security can be achieved through both frugal living and wise investing
When someone is financially secured the person is no longer will not be worried about money. Financial security refers to the level where by one is financially satisfied and not troubled about the issue of making proper expanses.
This state is what most people struggle to reach in life. To be able to foot bills without needing help from external source.
Frugal spending refers to spending wisely in activities that is worth spending the money on. It implies not being extravagant and spending money without restrictions.
Wise investment refers to when one invests in a business with proper information perhaps by visiting experts in the particular field to take care of the risks and get knowledge on how to be successful.
Applying these two will ensure that money is spent judiciously and invested in activities that will yield more mosey hence it is true to say that Long-term financial security can be achieved through both frugal living and wise investing.
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