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Diversification is spreading your investments across different asset types such as stocks, bonds, real estate, etc.

Active income is the cash flow you generate by putting in your time and effort.

Passive income is money you earn without actively working for it.

Cash flow is a dynamic force that, when harnessed through strategic investments, can propel you toward financial freedom.

Net Worth is the difference between what you own (your assets) and what you owe (your liabilities).