Topic: What is the right age for financial stability? - page 6. (Read 1664 times)

Age doesn't matter for having financial stability, all that matters is being able to seized every opportunity that comes our way, I know of a girl who is already making it well as a programmer at the age of 15 now. Let even come close to this Forum, there have been alot of  young adults who have been living well even becoming millionaires because they invested in bitcoin, even teenagers can be among, its just matter how we react to opportunities.

The most important thing we need to seek after is to find a skill that we can do so that we can always earn from it. There is no age that is agreed for financial stability. This is based on individual self because one can be rich now and later lost there businesses or job that is giving them money creating a difficult time for them to pay bills and live life up to the fullest. We are hustlers are we have the hustling spirit to make money for ourselves, I don't think there would be a time when we have to complain for funds to pay for our bills and improve our lifestyle.

It depends on a person's financial background when they are young and whether they can be able to start investing or be financially stable at a very young age. Some people don't even need to do anything to get financial freedom or become financially stable because when they grow up, their parents have already earned enough money for them to inherit and then do whatever they want to do with that money but that isn't the case with everyone.

Someone who grows up in hardships or whose parents have raised them without many resources, such a person will surely not be able to start investing or become financially stable at a young age because they will have to get an education, bet something, earn money, and then do something for themselves because they don't have anything as inheritance.

Thirties as a great age? There is a mix of energy and newfound knowledge, for sure. Lets not romanticize it, though. Financial independence? Its not a universal '30s milestone. A lot of them have bills or are just starting to have kids. Whats with this "fuck you" attitude? Not safe. There needs to be a mix between making risky financial moves and investing and not losing all your money. Watch out.

40s, the results were very mixed. Why are you sick? This could happen. However, let's not play down the chance for growth. Not only "enjoying time," but also learning from events, investing more, and maybe even helping others. 20s were not just careless years. They build the base. Years later, decisions made back then are still felt. Its not just about "smoking and fucking." Its also about growing, learning, and failing. Not only age matters, but also decisions, the situation, and growth at all stages.

With all hands not being equal just as side, we just have to strive definitely at an early age to make a better life including consider our NOW and THEN.
What benches us behind from sitting up towards our financial planning at most is when we are still dependent. We just believe tomorrow's would be handled generously as today whereas our sponsorers are always their for us.

Parents and guidance are also problems of this scenero before they fails to earlier impact us the aspirations and engage us on activities that sometimes we have to be independent to ourselves so we should be conciously trade with our endivoirs so as to make early the best bargaining with profitable activities that would profer us financial revenues in considering our youthful age and retirements before the time is approached.

Others is having this believe that if they can't make it they ain't the first persons who can't make it so they ends up being the streets gangsters.

And most who realizes itself at late age are uneasy to get to the right heels but leans on the grace of time for everything.

30’s are great imo. You are not too old for anything and you are not too young, dumb and inexperienced. In their 30’s people tend to have some wisdom but still have enough energy to do some crazy things, it is the best time to declare financial independence and say “fuck you” to everything. The next best is obviously your 40’s. Some health problems may arise during this period but you can still enjoy your time, just don’t expect anything crazy or something might break. I haven’t talked about 20’s and I don’t want to really because we are all like little Tony Montana’s in our 20’s. Mindless monkeys who want to smoke anything we can get our hands on and fuck anything that moves. A recipe for a disaster. Frank Lopez did nothing wrong.

Even if what you say is true, but there will be better things if we are indeed as people who are still under the strata or not born from families that can be said to be comfortable in terms of finance, we must also be able to set an age as a reference whether it can be realized or not at least we have tried because in the end even if we are in a family that can be categorized as the economic strata is still difficult, it does not mean that we cannot change the fate of ourselves and the offspring that we will have if we are married later.
There is no limit in age but it would be better if indeed when we are at a productive age it already has our own version of economic stability so that in the end this will also make you more comfortable but if in the end this is still not well realized then that does not mean that we in the future or at an older age also cannot be like that because we have to try and make our version of economic stability jointly.

We cannot choose where we are born, from a poor family or from a rich family. And if for example we could choose, then our choice would be the same, that we all want to be born into a family that is capable and has financial freedom.

However, it seems that God says otherwise, God has destined some of his people to be born into families that are not well off economically and financially. and maybe God just wants to see us, to fight even stronger in promising life and struggle in an effort to have financial freedom.

Indeed, those who are born from families that are quite rich, they already have financial freedom. However, in terms of managing finances, we cannot guarantee that those who are born from rich enough families will have good money management, so that when their parents are no longer there, the financial stability entrusted to them by their family will be destroyed instantly, because that person does not have management. who is good at managing his finances.

There is no described age or perfect age for financial stability. Those who were born with a silver spoon where already stable in finances even before they grew up. Last year i had a conversation with my one of my course mates. His mother is the adviser to one of the senators of the states in my country. And he said, "Bro do you know the worst day of my life". I replied 'no'. Then he said "it was the day my car broke down on the road and I have to wait for the government mechanic to come and fix it" I was surprised that it was his worst day. As you can see his future is already promised and he is already stable financially. Accounts created with his names, business and other things.

According to my personal opinion, experience and stability about these things is gained by each person on different time. Here the fate of some favors and the fate of others does not favor. That's why it's very person to person. Moreover, not everyone's knowledge is the same, so there are differences in some cases.
But in general if we see that after our school life is over when we complete our higher education then we are ready to do money management directly. In this case it can be said that financial stability starts at 25 years as an average. But in today's world, these things are changing in some cases, especially while students are currently doing freelancing and doing business for their financial stability. So I think now money management should be taught from school life to keep children under control because the future era is going to be very competitive so these things should be learned from early age.

It wouldn't be correct to state the exact age for this question but due to social perception and the age of adulthood determined by the law I would like to answer as 18. As I mentioned, this is entirely the age accepted by society that indicates that a person has reached adulthood and isn't set as the age of attaining financial stability. I think the earlier the age to gain financial stability, the better because after a person gains financial stability his/her life begins to progress much easier.

So how exactly can a person understand or claim that they have truly achieved financial stability? When he/she covers all his/her own expenses? Is it when he/she doesn't think about the price when he/she buys a product or service or when he/she has enough money to do whatever he/she wants? In fact, this is an answer that may vary from person to person but it is also a very important detail that a person can claim to have achieved financial stability if he/she meets the conditions.

Yes, from 18 years a person can be called an adult and from then on that person does not like to take immediate decisions without thinking about something a few times and from then the desire to be financially strong is seen in them and if a person works hard then in 5-10 years financially strong. can gain the ability to become stronger. so it can be said that 25-30 years is enough for a person to become financially strong. and those who cannot succeed themselves during this period then it becomes very difficult for them to organize themselves later.

It is true that a 25 year old man is capable of doing everything while his intellectual capacity is very high and he can control his emotions. The right age to achieve success starts from 25. When you were 25 years old, achieving financial stability might have seemed impossible. The sooner you start the easier it will be for you to reach your goals as a person ages his intelligence is not the same as before.

Let me first explain to you what financial stability means. Financial stability means that a person can fulfill his needs and secure something for his future. Also stabilizing and maintaining the income, saving, expenses, and investments. Most people think that a person should start working after 30 and enjoy the 20s but that's the wrong misconception. The right time for making yourself financially stable is the 20s. This is the correct time to make money because at this stage there are no responsibilities of a family and you can easily chase what you want. After 30 you can continue working and also enjoy yourself with friends and family. If a person has a very rich family then he is already stable but if you are not rich then do not waste this time if you do you will regret it.

What you say is correct, but age is also a factor in a person's maturity in managing finances, both personal and family finances, and even in companies.

The ideal age is 25 years and for maturity it is 40 years, here you are very mature because at that age you can control emotions in everything, so the age factor is also very influential.

Most students are very cunning and aggressive when it comes to these matters, and this cunning can also bring them good results and bad results as well. So that means that these students should be guided correctly, in my opinion.

Therefore, to know the right age to discover financial stability, they must still have enough knowledge about it, and having a good job is only one of the ways for them.

Regular income is needed to ensure financial stability. Sometimes pleasure drives people away from saving, and we see this more often in young people. You are right about the financial burden of being a student. Sometimes we expect those young people to do a lot.

I'm sure those young people also want to achieve their goals in terms of financial stability, but resources may not allow this. I think most young people will take smart steps to ensure their financial stability when they find a job and earn an income.

Getting somewhere stable by 40 should be the new norm. I mean a lot of people got a lot more stable before that, but 40 is the age where you are taking over the bigger age group at work, and that means you need to be at executive level give or take. That will go on until you are 50 to 60, and then you will retire and the new age group will take over, that's how it goes.

I think it is not that common for people to think that 40 would be where they can start looking for houses and cars and better life, they want to be able to do that earlier, but that's not possible in our new age, because wages are slave wages and we work from paycheck to paycheck without ever saving any. I am not like that heartfully thanks to crypto and my lovely boss, but 99% of the people I know are like that, most of my friends who work for someone ends up making much less than I do and living a much troubled life filled with debt and loans. That's a sad reality, and until 40 I do not think they will get any better.

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.

When you decide to continue your education at university level, it is likely that those aged 19 to 22 years will concentrate on education. However, most people in my area decide to only get an education up to high school level as a formal education requirement and after that they try their luck in other people's businesses or their parents' businesses to build their experience. After the year I mentioned they were ready with the finances and experience to build their own business, that's what most young people in the area where I live think because their educational path is increasingly difficult for them to get a decent job.

Risk can never be separated from all the activities we undertake, but some people know how to minimize it. If there is no preparation whatsoever in terms of improving financial levels, it will be difficult for people to develop because life today must start from oneself to develop. When they dare to take risks and know what to do, there is hope for them to develop their potential for financial achievement.

The concept is steadfastness, consistency and never giving up even though there are initial failures because successful people must have experienced failure many times when starting out and if they are strong they will definitely get up and start again. I remember very well the saying of ancient people that there is no success without careful planning and we ourselves will determine the path to success. Financial stability has quite significant levels of difference and when we target living in prosperity, there are many things that need to be prepared. Building a career, success in any field is not easy because we will be faced with the twists and turns of the process and for those who are able to be patient there will definitely be victory in the future.