The four ways to address the socioeconomic factors to achieve one's goal are;
- Get sufficient active and passive income streams.
- Get quality Education.
- Be conscious of age barriers.
- Ensure community safety and get social support.
Socioeconomic factors and the limitations they pose
A series social and economic factors, including income, education, employment, community safety, and social supports can significantly influence how well and how fast one's goals are achieved. These factors affect our ability to create wealth, make healthy choices, afford medical care and housing, manage stress, and more.
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