Everyone always aims at making more money and wealth during our life. Many able to succeed in accomplishing their dreams while many fail to do so. There could be two scenarios for people having loads of money and wealth. Either they inherited them or own them through legacy. Or they work hard and plan intelligently to amass lots of money. Money making is an art and needs to be done at each level of our life to stay happy.
For those section of people who doesnt have lot of money , they fail to do so. Amassing lots of money is not a single mode of switch. It takes step by step process and planning during the course of life to get to amass good amount of fortune. Each step can be categorized over a period of ages of our life. Here is short summary of how people end up committing mistakes at each level and regret later.
- Age 20 : At this age very few people were concerned about money matters. They always looking for a career and in pursuit fail to plan to earn money. Talking about India, I hardly see anybody talking about money. Their study matters a lot and they delayed themselves from money making ideas.
- Age 30 : Unable to find a multiple stream of money. By this age most of people get into earning life , however they fail to find multiple option. Thereby limiting themselves from amassing more money. If they able to explore few other source then definately it will help in creating good source for money creation.
- Age 40 : By attaining this age, people started to thing about living handsomely and spending on many things. Which might result in incurring g heavey debts. Unable to pay off the debts by this age may end up losing money creation.
- Age 50 : Not saving enough for retirement. A good fortune is something that will be required to spend your retirement in peace and happiness. If we could not plan that way then we always seeks money all the time.
If we aim to make more money then it should be a dream that needs to be fulfilled over our lifetime. Unable to do so results in regretting and failure in life. It is always better to make money earning a motto in life and plan to achive desire goals at each level.
Peace!!
Namaste @steemflow
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those are really great suggestion to manage our finance according to age barier !!
Time once gone..never going to comes back..it is better to keep running and never let it slip away at any age barrier.
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Totally agree with you on this dear. In India financial literacy and savings habits is too hard to find in youth. Even people above 30 had any knowledge on how to handle and manage their finances. Becoming financially savvy and knowledge of investing at an right age is very essential. !LUV !PIZZA
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But nowadays things are changing with kids getting crypto investment I know few who are millionaire in self through crypto I vestments and still under 25
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