Final answer:
The claim that most people start their financial independence by creating a business is false, as many enter the workforce as employees before considering entrepreneurship.
Step-by-step explanation:
The statement indicating that most people begin their independent financial lives by starting a business is false. While it is true that many individuals aspire to own a business, the majority of people usually start generating income through employment. Someone who does decide to open a business, such as a restaurant or a gas station, often invests their own savings or borrows money, sometimes using their home as collateral.
Many individuals pursue other routes for financial independence, such as working for an employer, before potentially exploring entrepreneurship. Additionally, personal freedom plays a crucial role, allowing people to make diverse economic choices that align with their goals, whether those include starting a business or finding employment that balances income with personal satisfaction and time for family and friends.