Financial stability

[Hatchy]

Great points but we should also know that Building financial stability isn’t just about having money though, it is mostly about making smart decisions and the right decisions, like investing wisely and staying informed from the right sources. Cryptocurrencies can be part of this, but they need to be handled carefully and wisely.. Financial stability comes from earning, saving, and understanding how to manage money well, especially in the world we live in today.

[bitterguy28]

Great points but we should also know that Building financial stability isn’t just about having money though, it is mostly about making smart decisions and the right decisions, like investing wisely and staying informed from the right sources.

couldn’t agree more in today’s time money can be easily spent if you are not smart enough money that you worked really hard for just to earn meanwhile even if you do not have much money but you know how to manage it and have an idea how to increase your money then for sure you will find success and financial stability

Cryptocurrencies can be part of this, but they need to be handled carefully and wisely.. Financial stability comes from earning, saving, and understanding how to manage money well, especially in the world we live in today.

sometimes even if we are earning it’s still not considered stable because we are just earning to survive today and we have no plans for the future i know i am financially stable if i stopped working today and can still live for many years outside poverty

[Asiska02]

The ability to be financially stable and to maintain it is very important in our society. There are some factors that hinder financial stability in our society today and they include; poor income, unemployment, lack of savings, excessive debts etc...

Humans are insatiable but it still doesn’t mean the quest to look for more money and to be financially stable should not be your top priority. Like you should try and reach out for more and not limit the extent to which you can achieve and get somethings in life. Humans are insatiable but if you’re able to get some limits of money to be able to say you’re living a life of sustainability, you’re living amongst the top 50% people satisfactory people in the world.

Being financially stable is the goal of every human but the path to make it a success is what differs for each person and some lack behind base on some other factors that can be considered to be from them or some due to environmental factors. Humans are insatiable but if you’re earning some amount of money that can cater for your needs and not feel hungry throughout the monthly period you receive a pay, I will say you’re doing well and have no reason to be insatiable in a place where people that don’t get to eat to their satisfaction every day talks.

[Gurujebs]

Maybe now the most important thing is how we invest for the future. Because if we only rely on the money in our account, perhaps in the future there will be inflation. However, if we invest from now on, maybe in the future we will get the results even though we don't see them now. Instead of the money we have What we have now is used up for extravagance or for needs that we don't really need, right? So the most important thing now is how we invest in our future, don't be too tempted by other people's lifestyles.

Inflation isn't perhaps, it's something that has been happening right before we were born and will continue to exist as long as fiat system exist. You know that the government is printing money out of nothing and this is giving the currency less value on and on and this is what has been happening for many years and as long as this continue, inflation will surely happen.

Invest today and enjoy the uncertainty of tomorrow, this is the main reason why you should invest. Put money into something that will give value to you and also shape your future because you never can tell for sure which will give you the best return on investment.

[Agbe]

I believe that if one is to become financial stable it requires allot of hard work and discipline as as financial stability is a product of the life style one lives, self control and setting priorities over needs and wants is key as it will help how one spend his or her finance.
Having a good source of income is also play a part as it it contribute in one becoming financial stable

[philipma1957]

Financial stability is the ability of an individual to experience bankruptcy. As it can ensure long term financial security

Do you even know the meaning of bankruptcy? I am talking of how someone can be financially stable, and be able to afford his or her basic needs and wants, and you are saying financially stability is the ability to experience bankruptcy.
You are totally wrong and not getting the full story well...

Maybe he meant you need to tap out and go broke and survive that.

If you never went broke and recovered you can't be stable.

I happen to disagree with him.

But I can tell you the outside world can hurt your dollar bigly.

[bhadz]

If a man is free and have a lot of time to do things that he wan, then for sure that man is a financial stable person. Having freedom, financially and anything that you want to do is making you a rich person. While so many rich people that could be said as financially free but they're chained to do their own things trying to maintain their wealth. And that's why the real wealthy people are the ones enjoying life to the fullest.

[bisdak40]

Many people work to get by without thinking about building up their financial future. To stay financially stable, you’ve got to work at it and set things up to keep it that way otherwise, you might end up struggling down the line. one way to achieve financial stability is by watching videos about financing and books that can help your finances.