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Topic: What is the right age for financial stability? - page 4. (Read 1664 times)

full member
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Life is hard if you belong from a poor family. If your financial condition isn't good then you suffer a lot to complete your daily needs demand and essential things that you need to leave a good life. That is the right age for financial stability because those children who belong from a poor family they try to do something good at the little age when he understand their financial condition. After trying and doing hard work at the stage some gate success in life fast some good success in life slowly there is no recommended or right age for success.
You talk about feeding yourself and having other bills to pay, and it is becoming more and harder every day. You now need money for nearly everything. Financial status is similar to the final agreement. If that issue worsens, it will negatively impact even your day. I don't believe their is a particular age to be financially free, everyone's destiny is different, personally you don't know when you will be financial okay. All we need to do is keep working hard and making money. because those with low socioeconomic status constantly strive to improve themselves. I believe everyone has different chapters of life.
hero member
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Anyway, there isn't an accurate range of age for this moment in someone's life. It can be during your 30's, 40's or 50's... Take your own time and avoid comparing yourself to others too often.
Right, you can't predict when success will knock your door and at what age you're going to meet it.
As long as you do your hustle and everything you're doing to make yourself financially stable, that's all that matters.
Because depending on the work that you do, there goes after you the success in all forms that you can think of, especially in financial.
hero member
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Some people say you can wish for Financial Stability all you want, but if you play your cards okay and stuff, you're bound to get it in your 40s.

I say that's some bullshit, cause when all is said and done you're giving yourself some slack, which to some people may mean that they can slack all they want and just wait til they're 40 and they can easily just earn financial stability without putting in any work. Which is just generally wrong on so many levels. I say, you should actually start investing in yourself and your financial stability as early as now, and not wait till you're 40 or whatever age bracket they're statistically stating financial stability's at right now. That would set you up for success as early as possible.

I think when people say 40 or use the age 40 to say a word regards to achievement, they are probably seeing age 40 as a departure from young to old and then a comparison of achievement or performance.

Someone is not to wait until they are 40 to begin to plan on saving for old age but the challenge is that some people have delayed achievement and for those people it is not that they weren't planning but things didn't really work out as they plan. Age 40 is the range between the beginning of old age and departure from young age and it has to also do with what has been achieved and ongoing plans or no plans for old age. 40 years is however a critical age of achievement comparison.
hero member
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Life is hard if you belong from a poor family. If your financial condition isn't good then you suffer a lot to complete your daily needs demand and essential things that you need to leave a good life. That is the right age for financial stability because those children who belong from a poor family they try to do something good at the little age when he understand their financial condition. After trying and doing hard work at the stage some gate success in life fast some good success in life slowly there is no recommended or right age for success.

This is why many people nowadays especially from modern and developing countries are not interested in having families at an early age. People learned from the past and are smarter nowadays. I am also interested in enjoying my life and achieving financial stability rather than raising a family which is not that easy especially if I have no plans to live a hard financial life just like what I experienced when I was a kid. In poor communities, however, I observed they continue to have many children while also raising families at a young age. They seem to just hope that one day they get lucky which is crazy.
I totally agree with you. Nowadays people are more focused on their personal growth instead of worrying about raising a family, and that is completely understandable, since we need to be able to sustain ourselves before adding a weightier burden to our backs. It's a act of responsability to only start a family once you have enough financial conditions to supply all the demands which come with a wife and son. Personally, I don't want to make anyone suffer, so I prefer to only seek for that kind of goal when I'm sure I can supply all their needs. Moreover, I expect a woman to think the exact same way regards me.

Anyway, there isn't an accurate range of age for this moment in someone's life. It can be during your 30's, 40's or 50's... Take your own time and avoid comparing yourself to others too often.
hero member
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Some people say you can wish for Financial Stability all you want, but if you play your cards okay and stuff, you're bound to get it in your 40s.

I say that's some bullshit, cause when all is said and done you're giving yourself some slack, which to some people may mean that they can slack all they want and just wait til they're 40 and they can easily just earn financial stability without putting in any work. Which is just generally wrong on so many levels. I say, you should actually start investing in yourself and your financial stability as early as now, and not wait till you're 40 or whatever age bracket they're statistically stating financial stability's at right now. That would set you up for success as early as possible.
hero member
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The sooner the better. But the issue is time is weird.

At 18 waiting til 30 seems way too long. Never mind waiting til 50 or 60.

Yep, faster is better but in the end it also comes down to timing and thinking.
I think all of us who are adults now or have reached the age of 30 have felt that when we were in our teens, it was a time when we didn't really care about the future and didn't care about the spending we did because we wanted to try new things, especially when we were already legal (adult). Although not all of us feel like that because there must be some people who have tried to manage their finances well but not a few of us must have wasted the money we had without thinking at that age Cheesy
This is a regret but at the same time a good experience so that those who are still young do not make the same mistakes that I have felt because in the end when we have started to think clearly or have family dependents behind us then even though it is still not too late but there will definitely be regrets for this.

When we were young, many of us spent money on useless things. We didn't think much about our future. When we think about it, our resources were limited and we could not find the financial resources necessary to invest. But everything we have experienced has given us experience. We cannot buy this experience with money. It is necessary to look at the situation from the positive side.

We can advise many young people to achieve financial stability early. Showing a young person the right path is a priceless feeling. We can prevent people around us from making the same mistakes we make.
legendary
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Well, I hope this doesn't sound like a joke to you guys or some sort of cracked-up thread, but yeah, I mean to hear the opinion of others.
The sooner you start, the better the results will be and the time to enjoy it will be quicker so that while you are still young you can experience the financial freedom that many people hope for.
Education and nurture from parents will greatly influence a person to realize the importance of investment, but if you can be said to be old but have just started investing then don't be sad and there is no need to compare your life with other people because everyone has their own time. The important thing is that you have to start investing and also form the right one so that you can finally enjoy the results of that investment.
Whether you are late or early in investing, that won't be an issue because the important thing here is you decide to invest for good. While it could be easier for some other people to start investing because they have hard-earned money, but for most of us who are only minimal income earners, the challenge to achieve a sufficient amount of capital is certainly high. Education may not be enough, you really have to work hard on it so you can save and invest.

However, if you decide to plan earlier to achieve financial stability, that would be better. It will open more possible chances to try out various investments and decide to stick on which one you become highly profitable and beneficial. Financial stability is not just earned, its a combination of hardwork and perseverance that completely paid off.
hero member
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The sooner the better. But the issue is time is weird.

At 18 waiting til 30 seems way too long. Never mind waiting til 50 or 60.

Yep, faster is better but in the end it also comes down to timing and thinking.
I think all of us who are adults now or have reached the age of 30 have felt that when we were in our teens, it was a time when we didn't really care about the future and didn't care about the spending we did because we wanted to try new things, especially when we were already legal (adult). Although not all of us feel like that because there must be some people who have tried to manage their finances well but not a few of us must have wasted the money we had without thinking at that age Cheesy
This is a regret but at the same time a good experience so that those who are still young do not make the same mistakes that I have felt because in the end when we have started to think clearly or have family dependents behind us then even though it is still not too late but there will definitely be regrets for this.
legendary
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We should be prepared to meet the unexpected. Life gives unexpected turns in life and we need to be stable, if something happens. Atleast for this purpose we need to concentrate on making ourselves stable along with the enjoyment when one is young. When we are in a situation to carry our family or to handle responsibility, if we don't have the required fund at that time nothing give hands. Maybe we can get into frustration. Thinking the past days never get us on the track, we need to think and run for the better outcome. As said doing things at the earliest is the best in the fast moving world.
We cannot know when something that we cannot predict will happen, so it would be better for us to prepare ourselves first so that we can face this situation. If we have prepared ourselves then it will not be a problem if we experience this problem.
If we have responsibility for family finances, of course we must be able to work hard to be able to earn income to meet our family's needs because this is a responsibility that we must fulfill. Doing something as soon as possible will certainly be better for us in facing unforeseen circumstances. the unexpected.

Everyone doesn't want to experience big problems that happen to them, but the possibility of life problems will exist regardless of what. But if we have prepared everything well, it can be a problem that comes can be faced well and easily, even if it's a big problem, if those who have not prepared themselves or just take it easy all day, maybe they will have trouble in the future. but no one knows what the future will be like.

By working hard and doing everything well, it can make us ready to face the problems that will come, because with the experience they have it can help them in dealing with problems, and everyone also knows that if there is a problem, of course, you have to find the best solution, by discussing it with the closest people or with people you can trust. So in my opinion there is no age of stability for finances, if they can manage finances well from an early age (pocket money) given by parents and use it as needed not for useless things.
member
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If you invest at 18 and hodl the investment 20 years you will usually do okay.

If that's already great, sir, I think it's rare to see something like you say, where relationships when you're young are emotionally very unstable, especially when it comes to financial management. Well, I think we will be able to do it if we have parents who are able to guide us and can describe where we are going in the future. This is the same as my youth. forget to save a small portion of the funds from work and end up wasting it in social situations.
hero member
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Some people, during their youthful years, live a very lavish lifestyle with the money that they are supposed to put to good use, knowing that one day they will grow old. Some people only think that it's when they are growing old, like at the age of 30 and above, that's when they must start to invest or save to invest.

Some people think that they can live a lavish lifestyle as long as they are still 20 years old, and maybe when they get to 25 years old, that's when they can start to invest for their future.
Men aged 25 years are more productive in building financial stability which they build from the various sources of work they do. At that age, they are still quite productive in developing their potential, but we also have to look at the opportunities for how much they can achieve financial stability at that age. There are people who may be lucky because they have wealth inherited from their parents so they can continue their parents' business. For some other people, they have to struggle from zero to gain financial stability and they also have to work hard to reach the stage of financial freedom.

This opportunity sometimes makes a difference in the age for someone to achieve financial stability, but the age of 25 is still quite productive if they really intend to pursue success. Of course opportunities and skills are two things they need to see and when they understand how, it will probably be much easier for them to reach the stage of financial freedom. I built a business at the age of 25 and maybe it was a little late to achieve the success I have now and even though I'm not very rich I think my finances are much better now than before.
hero member
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Life is hard if you belong from a poor family. If your financial condition isn't good then you suffer a lot to complete your daily needs demand and essential things that you need to leave a good life. That is the right age for financial stability because those children who belong from a poor family they try to do something good at the little age when he understand their financial condition. After trying and doing hard work at the stage some gate success in life fast some good success in life slowly there is no recommended or right age for success.

This is why many people nowadays especially from modern and developing countries are not interested in having families at an early age. People learned from the past and are smarter nowadays. I am also interested in enjoying my life and achieving financial stability rather than raising a family which is not that easy especially if I have no plans to live a hard financial life just like what I experienced when I was a kid. In poor communities, however, I observed they continue to have many children while also raising families at a young age. They seem to just hope that one day they get lucky which is crazy.
hero member
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But in my opinion, I think that one is not still supposed to be in financial crisis at age 30–35. I mean, at age 30, one should be in a financial state where they can fend for themselves and their family if the person is married. The person is supposed to have had at least one or two financial sources that they can always see as reliable sources of income.

It's always wise and profitable to start saving and investing at a young age, like 18 years old.

It's nice to save and investment at a young age, because your portfolio will grow much larger over time. The only issue that we don't have a lot of capital at hand at such a young age. Which is not really going to change in the 30s. At least for me it’s hard to pay for my family and save on a regular basis. Without financial help from my family, it would be even harder and I am not even considering buying my own apartment. The next big step would be to look for my own place instead of renting, but in my current financial situation it’s not an option. Being independent from our families is one thing, doing very well in life and being on track to become financial free is something completely different. My goal would be to achieve some form of financial freedom at the age of 55-60 so that I could retire a bit earlier and also don’t have to worry about money anymore. Maybe if I end up lucky and my investment portfolio does exceptionally well it could be a few years earlier, but in my 30s I am still struggling.
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Some people, during their youthful years, live a very lavish lifestyle with the money that they are supposed to put to good use, knowing that one day they will grow old. Some people only think that it's when they are growing old, like at the age of 30 and above, that's when they must start to invest or save to invest.

Some people think that they can live a lavish lifestyle as long as they are still 20 years old, and maybe when they get to 25 years old, that's when they can start to invest for their future.
I think it is very dumb to intentionally lavish one’s early stage just because they think of themselves as young. For a fact, you are young, but sooner or later, you’re going to grind for financial stability. Now, isn’t it smarter to do it as early as possible? They say “early to bird, early to rise”. You should start saving as early as possible, start investing as soon as you can because one day responsibilities will fall on you shoulders and how you’ve lived your life is what will impact everything.
We should be prepared to meet the unexpected. Life gives unexpected turns in life and we need to be stable, if something happens. Atleast for this purpose we need to concentrate on making ourselves stable along with the enjoyment when one is young. When we are in a situation to carry our family or to handle responsibility, if we don't have the required fund at that time nothing give hands. Maybe we can get into frustration. Thinking the past days never get us on the track, we need to think and run for the better outcome. As said doing things at the earliest is the best in the fast moving world.

Doing things in a much advance way or time frame if you have that chance is better, like what you said this is a fast-moving generation
and the access to find ways are available you just need to seek for it.

Having a good early start finding your path to be stable financially can be done, if you have such goals in life and you are really keen in achieving it.

It's very possible from those who are seeking and doing their best, though not all can be successfully achieved.
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Life is hard if you belong from a poor family. If your financial condition isn't good then you suffer a lot to complete your daily needs demand and essential things that you need to leave a good life. That is the right age for financial stability because those children who belong from a poor family they try to do something good at the little age when he understand their financial condition. After trying and doing hard work at the stage some gate success in life fast some good success in life slowly there is no recommended or right age for success.
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We should be prepared to meet the unexpected. Life gives unexpected turns in life and we need to be stable, if something happens. Atleast for this purpose we need to concentrate on making ourselves stable along with the enjoyment when one is young. When we are in a situation to carry our family or to handle responsibility, if we don't have the required fund at that time nothing give hands. Maybe we can get into frustration. Thinking the past days never get us on the track, we need to think and run for the better outcome. As said doing things at the earliest is the best in the fast moving world.
We cannot know when something that we cannot predict will happen, so it would be better for us to prepare ourselves first so that we can face this situation. If we have prepared ourselves then it will not be a problem if we experience this problem.
If we have responsibility for family finances, of course we must be able to work hard to be able to earn income to meet our family's needs because this is a responsibility that we must fulfill. Doing something as soon as possible will certainly be better for us in facing unforeseen circumstances. the unexpected.
sr. member
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to gain financial stability is hard especially if you have a generation like me that is the Sandwich generation you need to pay your parent and if you have a kid or brother you also need to pay them I mean like school etc.

and the right age, in my opinion, is as soon as possible and budgeting everything and of course, we also need a budget for entertaining for us too. But start investing when you get your first paycheck. so maybe it can help you in future or if we lucky enough we got retire early

Yes. Correct. difficult and sometimes only able to cover daily needs. When you have your first child, it is mandatory, it seems, little by little around the age of 30, in my opinion, and it cannot be denied that this time will come to us when dusk falls and our desire as parents is to always not cause trouble to anyone, even our own children. in caring for and looking after us.

For the correct method, as you said, we have to budget as early as possible by starting to invest when we get our first salary and that will be our financial freedom when we retire.
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to gain financial stability is hard especially if you have a generation like me that is the Sandwich generation you need to pay your parent and if you have a kid or brother you also need to pay them I mean like school etc.

and the right age, in my opinion, is as soon as possible and budgeting everything and of course, we also need a budget for entertaining for us too. But start investing when you get your first paycheck. so maybe it can help you in future or if we lucky enough we got retire early
hero member
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Some people, during their youthful years, live a very lavish lifestyle with the money that they are supposed to put to good use, knowing that one day they will grow old. Some people only think that it's when they are growing old, like at the age of 30 and above, that's when they must start to invest or save to invest.

Some people think that they can live a lavish lifestyle as long as they are still 20 years old, and maybe when they get to 25 years old, that's when they can start to invest for their future.
I think it is very dumb to intentionally lavish one’s early stage just because they think of themselves as young. For a fact, you are young, but sooner or later, you’re going to grind for financial stability. Now, isn’t it smarter to do it as early as possible? They say “early to bird, early to rise”. You should start saving as early as possible, start investing as soon as you can because one day responsibilities will fall on you shoulders and how you’ve lived your life is what will impact everything.
We should be prepared to meet the unexpected. Life gives unexpected turns in life and we need to be stable, if something happens. Atleast for this purpose we need to concentrate on making ourselves stable along with the enjoyment when one is young. When we are in a situation to carry our family or to handle responsibility, if we don't have the required fund at that time nothing give hands. Maybe we can get into frustration. Thinking the past days never get us on the track, we need to think and run for the better outcome. As said doing things at the earliest is the best in the fast moving world.
sr. member
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Some people do not live like this and are still not financially rich. Some people actually started to save at a young age and still didn't amount to anything because inflation, recession came and made whatever they have saved to save them. I just want to say that they were " unlucky" to be born into a country where their leaders are crooks and would rather be corrupt that save the country.

Actually a person will do what he has learned from his parents so if parents teach him and show him the value of saving then every individual will live a good life by following the strategy of saving. There are some students in our family who regularly save some amount on monthly basis from that sum which parents allow them to spend in school. These individuals are learning earlier therefore they will not face any hurdle in life as during inflation they will have maximum amount of money.


I'll teach my kids from a very young age not just about saving but most importantly about investing right. Your money save may depreciate in value but I'd you invest right at an early age, you will never regret it. 

This activity suited well because saving amount when used as an investment then the worth of saved amount become higher and as in early age children are not enough educated about investment so it is necessary that parents should do investment for him and teach him about it also so if he learned well then allow him to continue his investment.
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