Topic: Prepare for the life when you get old - page 3. (Read 2217 times)

I too am thinking the same thing right now about preparing for old age. And especially now I'm thinking about taking more care of my health so that I can stay fit until I'm old. because these past few days I have seen my co-workers sick and that makes me think that financial planning cannot be carried out if we are not healthy. so that health seems to be prioritized or a priority in our lives. Because if you have a lot of money but you are not healthy, you certainly won't be able to enjoy that money for pleasure.

I too am thinking the same thing right now about preparing for old age. And especially now I'm thinking about taking more care of my health so that I can stay fit until I'm old. because these past few days I have seen my co-workers sick and that makes me think that financial planning cannot be carried out if we are not healthy. so that health seems to be prioritized or a priority in our lives. Because if you have a lot of money but you are not healthy, you certainly won't be able to enjoy that money for pleasure.

Preparing for life as we get age we need to take care of our physical health by doing exercise regularly, eating a balanced diet, getting enough sleep, and staying up to date with medical check-ups. We need to do as well financial planning because it is important to plan for our retirement and ensure that we have enough savings to support ourselves in our later years. Maintaining social connection for our mental and emotional health. We need to stay connected with friends and family to have an active social life as we aged.

Preparing for life as we get age we need to take care of our physical health by doing exercise regularly, eating a balanced diet, getting enough sleep, and staying up to date with medical check-ups.

We need to do as well financial planning because it is important to plan for our retirement and ensure that we have enough savings to support ourselves in our later years.

Maintaining social connection for our mental and emotional health. We need to stay connected with friends and family to have an active social life as we aged.

The majority of women are more thrifty than men so you just have to wait for the right moment to talk calmly to discuss finances in old age, I think he would suggest it is better because the soul of a mother will think about the future of her child and the future with her partner to live happily when old age Even if you are some type of woman who likes shopping but there is no more money for monthly savings, so you have to think of ways to persuade her to reduce excessive spending and invite them to communicate about how their next life will be if their income decreases, and what things are prepared for financial management for life which is better in old age.

Old age is of course different, in my place people who are 65 years old are still actively working in the fields or are fishermen at sea, but we must always think that old age is a happy time and it's time to enjoy passive income, and the best thing we can do right now do is invest in bitcoin.

I do ask myself some questions now that I am still young in how my old age will be. Government work had looked like it has a future but to me I don't see a future in that because of the way we are getting enslaved by working and nit getting paid in the right manner we need to be paid and giving us the assurance that we are going to earn well when we retire and about to die.

I admit that it is not really easy to persuade our partner sometimes it even causes trouble. But if you can calmly explain the benefits it will bring, it will definitely make him think about whether or not he should start being financially disciplined. But right now because our son is growing up, we are really focused on saving money, especially since we don't know how far our travels in the world will take us. So it's really important to be the same and have discipline, these are the things that need to be learned and the result is the desired success.

Yes, that time will come in everyone's life. But the point is how much role we can play in thinking about that position. I am now able to work due to which I am not facing any financial problem in my life. But when i won't active due to older age I will become helpless. At that time we will need financial support. Many may talk about the pension advantages of the job. But not everyone gets pension advantages after his working life. I have seen many private jobs with no benefits. You get nothing out of it if you lose your job. Apart from the monthly salary there is nothing extra available. Changing that situation requires long-term planning.

but you should make sure that they knew how to access it or where because it is still useless if you are only the one knew it and they can still access it . We cant really predict death that is why you should be prepared to tell  your love ones that you own it. Having a house and land is really the traditional way and it is very useful to our family or children if they inherit it that is why most people right now are really working hard to buy those so that they can give it to their future childs.

Talking to your partner is easy but persuading her to be disciplined is almost impossible, especially when it comes to finances. I have experienced that phase and have to admit that sometimes giving up persuasion is much easier and more effective than changing her mindset to be disciplined on finances or anything. Saving enough for the old age is a privilege that one can strive to have no matter how lowly he or she might start. I am not going to details into managing finances in this thread but the most important factor here is discipline and consistency.

when we are young, there are many preparations that we have to make so that later we can live in peace when old age approaches us, but we also have to know that God has arranged our lives well, and we cannot change this, but we must also try to later we can get everything we want, when we are young we have to be active in doing every job and when we are old, we just have to enjoy it without the slightest complaint.

Old age is of course different, in my place people who are 65 years old are still actively working in the fields or are fishermen at sea, but we must always think that old age is a happy time and it's time to enjoy passive income, and the best thing we can do right now do is invest in bitcoin.

Last week, I met one of my uncles-in-law who has been a sailor for many years. In the past decade, he has been out of town and travelling all over the world to make a living. He has two children to raise and being a father who is always absent from their growing-up, he somehow does not know how to get along with his kids once he is back home once a year. In this transition period, usually like one month or two, he will find him some odd jobs  to make money to support his family. Unfortunately in this economic downturn, it is very difficult to find a job so he is quite upset now. Staying at home means no income and this makes my aunt very anxious. This uncle is in mid fifties and he is one of the most diligient people I've ever known. Ever since he was young, he would always keep busy doing all kinds of jobs to make money. I have to say that he made some savings for some years but it was most used up by sending his daughter to study overseas. Under today's economic condition, he has to wait more time to be assigned onboard and it is said his salary will be slashed big next time he has an offer. Well, to make a living, he has to accept that. He used to be a happy-go-lucky guy and always have a smile every day, last week I saw him, he was more like silent and upset.

As he ages, the window for him is closing. I never saw him encounter any financial problem because he has been diligient and frugal. This meet-up has completely changed my mind. Even people like him are struggling financially and we'd better prepare a comfortable life for the old version of ourselves. This uncle is still doing okay although with some struggles but I am sure there are millions who are broke and wish they could have made and saved more money when they were young. Always plan for the future. What do you think ?

Talking with your partner and discussing everything is very important. Because we really have to manage finances well together with our partners. So that everything will be lighter if done together. But talking to your partner is sometimes not an easy matter. Sometimes we and our partners have different opinions. so that was where the obstacle that I had previously gone through and needed patience until finally my partner understood and started managing finances well together.

So it is better to start saving while still alive because we will come to that point. It is important that we leave something to our loved ones that they will definitely benefit  like a house and lot, a small businesses and ofcourse money. But if they learn the importance of crypto in finance it will be even better. Because they are the ones I can leave my assets to if I ever disappear from the world.