Financial stability

[DrBeer]

Every man on earth has her own set goals and a timee frame they're working with, financial stability age depends on your own personal goal but for me the earlier the age, the better because if the time frame set only gives room for less chance of maximization and expansion, then it is a wrong decision.
  Early age of financial stability helps one to discover more hidden abilities and even go extra mile in doing more exploit, yes there'll be lots of years ahead to live and as these years pass, so does living and everything in it gets tough and cost effective more, we need to always blend in too every new cost development in order not to be caught struggling while pushing through life.
  The 20's of a man should be a period of breaking bounds and making waves, laying solid foundations and building strong bedrocks to make room for better feats and reduce the struggle in his 30's.
It takes a set goal, determination, years of hard work to be stable, so it's really best the struggle to financial stability begins now to avoid pitiful circumstances

That's a great idea ! I really wish you could do it, but... as always there are nuances

If we are talking about the average citizen of the country, it is very rare to build a business at 20 years old. No, perhaps a person is a genius, for example, developed a new technology - he will quickly make money. Note that I did not say "build a business" or "ensure financial stability".
To build a business and create "stability" - you need knowledge, experience, understanding of the market, including the financial market. And here the age of "20 years" does not look the best.... Most likely, 99.9 percent of the population at the age of 20 will not have what I have described. At this age, almost everyone does not yet understand what money is, how to handle it, what is value and what is "empty goals"....

Even though I bought my first apartment at the age of 25+, it wasn't "financial stability", it was just "good fortune". And only after at the age of  35 years I started to form, consciously (though not without mistakes), something that can be called "the basis of financial stability"

[Penlex_Writer]

Theorizing certain things might make it easy but making it work becomes a challenge. Being financially stable can be challenging considering the present reality in my country. Even those who save are finding it difficult to save now because of the rise in the cost of living which makes it difficult to be left with something after paying necessary bills. The human society is built in a way that some will do better than the others simply because of their natural gift. Your endorsement can easily create the enabling backings that can make you financially state. It has been said that if you can solve human problems then you must be rich. People are becoming stable financially due to the fact that they are concretizing their talent to making it generate income. This becomes a case of working smart and not hard and account for the reason age doesn't determine financial stability.

[DrBeer]

Theorizing certain things might make it easy but making it work becomes a challenge. Being financially stable can be challenging considering the present reality in my country. Even those who save are finding it difficult to save now because of the rise in the cost of living which makes it difficult to be left with something after paying necessary bills. The human society is built in a way that some will do better than the others simply because of their natural gift. Your endorsement can easily create the enabling backings that can make you financially state. It has been said that if you can solve human problems then you must be rich. People are becoming stable financially due to the fact that they are concretizing their talent to making it generate income. This becomes a case of working smart and not hard and account for the reason age doesn't determine financial stability.

A natural gift is a good voice, the ability to run fast or jump high, to draw beautifully. Earning is about how you can monetize your natural gift, or gain knowledge and experience to monetize it.
Luck is about finding treasure, getting married favorably or getting married
Everything depends only on what goals (not to be confused with fantasies) we set for ourselves, and how hard we work to achieve them and what efforts we make

[DragonF]

Theorizing certain things might make it easy but making it work becomes a challenge. Being financially stable can be challenging considering the present reality in my country. Even those who save are finding it difficult to save now because of the rise in the cost of living which makes it difficult to be left with something after paying necessary bills. The human society is built in a way that some will do better than the others simply because of their natural gift. Your endorsement can easily create the enabling backings that can make you financially state. It has been said that if you can solve human problems then you must be rich. People are becoming stable financially due to the fact that they are concretizing their talent to making it generate income. This becomes a case of working smart and not hard and account for the reason age doesn't determine financial stability.

Well, nothing good comes easy as it is always said. Being financially stable is a lifetime protection and shouldn't be gotten with ease. You must work and be patient to be financially stable. I came across a pictorial display on Facebook involving two gold miners. Both were digging for gold and one gave up when he was almost close to getting it whereas the other kept tiling until he succeeded.

The above justifies that as long as you don't relent in your effort, you will succeed. Times are hard and who knows if it will become harder, no one can tell so everyone needs to be man enough to strengthen himself and make sure he can be stable financially. The importance of financial stability cannot be over-emphasized considering how things are unfolding in our environment today.

[0t3p0t]

Theorizing certain things might make it easy but making it work becomes a challenge. Being financially stable can be challenging considering the present reality in my country. Even those who save are finding it difficult to save now because of the rise in the cost of living which makes it difficult to be left with something after paying necessary bills. The human society is built in a way that some will do better than the others simply because of their natural gift. Your endorsement can easily create the enabling backings that can make you financially state. It has been said that if you can solve human problems then you must be rich. People are becoming stable financially due to the fact that they are concretizing their talent to making it generate income. This becomes a case of working smart and not hard and account for the reason age doesn't determine financial stability.

A natural gift is a good voice, the ability to run fast or jump high, to draw beautifully. Earning is about how you can monetize your natural gift, or gain knowledge and experience to monetize it.
Luck is about finding treasure, getting married favorably or getting married
Everything depends only on what goals (not to be confused with fantasies) we set for ourselves, and how hard we work to achieve them and what efforts we make

Exactly. But unfortunately for some people who has unique and amazing talents on them don't use it to make profit from it instead they use it only for fun. I found my neighbor has a beautiful unique gift of voices but they don't show it to the whole world and make a livelihood from it given that they have a miserable life full of debt I don't know what you call it.

[Rruchi man]

  The 20's of a man should be a period of breaking bounds and making waves, laying solid foundations and building strong bedrocks to make room for better feats and reduce the struggle in his 30's.

And even if you cannot make it in your 20's, you do not have to put yourself under the pressure that you have failed because you were unable to make it before you turned 30. You can still make it and become financially stable when you are in your 30's or 40's; everyone has timing.

At an early stage in life, you need to realize that the choices that you make are what will determine if you become financially stable or not, because it does not just require you to be earning money; financial stability also has to do with money management and your ability to transform what you have into something more.

[DrBeer]

  The 20's of a man should be a period of breaking bounds and making waves, laying solid foundations and building strong bedrocks to make room for better feats and reduce the struggle in his 30's.

And even if you cannot make it in your 20's, you do not have to put yourself under the pressure that you have failed because you were unable to make it before you turned 30. You can still make it and become financially stable when you are in your 30's or 40's; everyone has timing.

At an early stage in life, you need to realize that the choices that you make are what will determine if you become financially stable or not, because it does not just require you to be earning money; financial stability also has to do with money management and your ability to transform what you have into something more.

"Kill in grief" because of the fact that you are 20 years old did not become a millionaire - it's stupid and leads only to depression and falling self-esteem, and with such prospects further is unlikely to get something.  Negative experience is a good teacher, and if you listen to it and understand it, you will draw the right conclusions and try again. If you don't succeed the first time, you'll succeed the second time. Or even the third time. The main thing is not to give up and not to lower your self-esteem.
And what is really bad is not to try, not to make efforts, not to try even by trial and error, to achieve more than you have.  If you go this way, the only thing you can guarantee yourself is poverty, misery and guaranteed degradation.

[albon]

Financial stability should always be fought for if you want to lead a comfortable life. Because earning money is more necessary for survival which is possible through your hard work. As years go by in your life, everything becomes difficult and expensive. Because you can easily do things when you are young but not when you are old. Moreover every human being in the world has their own goals and they are working hard to fulfill those goals. In short, if you don't have a goal in your life, even after success, it will feel useless. We always need to be very mixed working through life then time, age, you have to follow.

[Gurujebs]

The 20's of a man should be a period of breaking bounds and making waves, laying solid foundations and building strong bedrocks to make room for better feats and reduce the struggle in his 30's.
It takes a set goal, determination, years of hard work to be stable, so it's really best the struggle to financial stability begins now to avoid pitiful circumstances

Everything you wrote make but you see this last part, I humbly disagree and you know why? That's because life doesn't have a define rule that can give everyone road to success. There are people are that aren't born with silver spoon, they don't have shoulder to lean on, so it becomes impossible to achieve may things in their 20s.

Some people are born with silver spoon and that also doesn't give a smooth path. There are people born with nothing and they made it early and some didn't make it until they clock 40s and even some that are born with something don't make it until late 40s, this is why I disagree but it's good for everyone to be ambitious in life.

[Dr.Bitcoin_Strange]

For one to be financial stable, that person must have a good financial management because anyone that cannot manage his resources will take time before he will be financially stable. The economy of a country also contributes how soon someone will be able to become stable financially. Youths are always after spending and living a flamboyant life style when they are privileged to become financial stable with their resources. Another problem are the people we keep as friends and the environment that we live in. If you have someone that advices you on how to go about your financial life, I think it will be more easy to achieve financial stability than someone that doesn't have who to advice them. Responsibilities are also another challenge that might deprive on from this.

You are completely right, for me, when I was in my early mid 20s, responsibility has been my major challenge why I can't save money for my future purposes until I have another source of income which has been helping me in so many ways and my responsibility has reduced and I can be able to save as well.

[target]

The generation we have today is more into gaming actually. There is no time for talking about financial stability and looking for opportunity. Many of them only knows how to work under supervision of their boss and then leave all the responsibility to their supervisors. Responsibiity is often shoulddred to the boss when it should be a shared responsibility.

Financial stability can be hard for anyone, thats why government planned for your old age with pension plans with your 401k. But you don't have to rely kn it if you can establish a business gives you stream of money.

[bisdak40]

~
The 20's of a man should be a period of breaking bounds and making waves, laying solid foundations and building strong bedrocks to make room for better feats and reduce the struggle in his 30's.

This is where a lot of people fuck up. Those who pursue studies usually finish a bachelor's degree in their early or mid-20s and follow a lifestyle of hustling without saving. What I mean by that is they get a job after and then spend a lot of their earned income on parties and other things that aren't important to basic survival. The money spent could have been saved and then later invested into properties and other assets that would generate passive income.

It's instant pleasure over delayed gratification.

Hustling without saving is not good for financial stability you spend beyond your earning income I know a lot of people who spend money on unnecessary things like new models of phones and others. As early as now we should learn to manage our finances where we set up a budget and how to spend our money wisely because we never know what will happen in the future our finances should be stable.

[Aanuoluwatofunmi]

Everyone of us needed financial stability in other for us to achieve our targets and goals in life, but before this could happen, we have to make use of our personal efforts in working towards achieving this, financial stability is for those who have taken time to put in their best towards achieving success without minding on what may be the cost, we need to maintain it as well so that we will never be stranded in lack.

[Dr.Bitcoin_Strange]

The state of financial stability occurs when an economy's systems for valuing, distributing, and handling financial risks are efficient enough to support economic growth, however in rare cases the opposite is true. One needs to make a strategy in order to lead a financially secure life. "If you can dream it, you can have it," a wise man once said.
As a responsible adult, you must take all necessary steps to ensure financial stability because we live in an unstable world.
1. Establishing a reliable source of income is a must.
2. Acquire an ability
3. Have knowledge
4. Precise and economical with money
You can live a life free from poverty after you have a firm foundation in the things I have just discussed. Many people spend more than their employers do, particularly those who earn a monthly income. Don't live over your means; make prudent purchases.

That's totally correct but most people are not aware of it, they only believe that as far as they are earning, they are meant not to save or invest for future use or other purposes, forgetting not lasts forever, they might be working now and in the next day or fees weeks, they work stop and then they will go bankrupt because they didn't plan themselves well. So it's very essential and necessary to keep up all the things you have mentioned if one really wants to make it in life.

[Gurujebs]

Exactly. But unfortunately for some people who has unique and amazing talents on them don't use it to make profit from it instead they use it only for fun. I found my neighbor has a beautiful unique gift of voices but they don't show it to the whole world and make a livelihood from it given that they have a miserable life full of debt I don't know what you call it.

It's not like they don't want to use it to make money, the don't have the means to express it. If you have a takent and you don't have promotions, you will remain where you are because you can't go far in life staying where you are and sometimes they do have promoters but the conditione that comes with it is crazy. Imagine having an offer of 70-30% and they give you 30% from your own talent, will you take it? Definitely no, this is why some talent don't go far in life but social media has help some people with real talent get help from people with real intention and after sometimes, they grow bigger.