Every twentysomething should strive to master the art of investing. Additionally, they should start investing as soon as they can. However, there are times when investing is not the most strategic financial move to make. This article aims to elaborate on six events that needs to be dealt with first before investing his or her money.
People think you have to be wealthy to invest. They assume investing is too risky. These four common myths keep people from building a basic portfolio. If you ever plan on retiring, you will need that portfolio. Do not let these myths get in your way.
To all the future twentysomethings ou there, if you want to live for the rest of your life without having to worry about money, start growing your money as soon as possible. This article shares with you how you can make your money make more money which then can make even more money.
We live in a world where money is a constant issue. And yet, we neither take note of it or do something about it. Our education system is flawed; they teach people to be good workers but not good money handlers. So, when Covid-19 struck home, they are struggling to make ends meet after they have been laid off. If they had taken note of these financial wisdoms a long time ago, they could still survive comfortably while the world recovers from the crippling effects of the global pandemic. To all the future twentysomethings, read this before it is too late.
When we are living frugally, we tend to be very careful as to where and when we spend our money. This article attempts to challenge that idea by stating that we human beings need to splurge once in a while. Splurging, in general, is considered to be a nasty habit to pick up but not all splurging habits are the same. The key is to do so strategically. When we deeply believe that we will constantly use an item or and it will bring us a lifetime of benefits, that is when you should splurge. Find out more about when a little bit of strategic splurging is okay.
No one wants to spend their time thinking about worst-case scenarios. But if an emergency happens and you are not financially ready, the fallout is not just super stressful, but can have serious financial consequences. It is the most important reason you need an emergency fund. Find out why you need to have an emergency fund and how you can establish set one up.