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I have different opinion on this. Even younger has longer time horizon and bigger recovery ability but kindly be noted being young doesn't mean we can be wild and free to speculate. Ignoring financial foundation is suicide, because when financial failure happen to deep,don't you think it will be hard to get up and stand up straight. Debt, lost capital, social prejudice, financial trauma mostly have bad effect to our personality. Do not try learning by doing on financial management, it id very dangerous for life stability, family, mental healthy and of course our future. Financial planning made and designed for minimalized fatal failure and avoid financial collapse, so it is not designed for trial and error especially can not absorb big financial failure. My suggestion for young generation are find a good mentor, if can't, you can try to follow the right stages, step by step. Foundation always the most important part when build everything, just ensure you have strong financial foundation before take high risk decision. Casflow stability is a must, emergency fund for 6 month, risk protection and debt management but i prefer zero debt, after this stucture strong, after that the exploration of risky assets become healthy and controlled. Being poor is pity but what is more worrying and frightening is being a bad person, because when we drop downtoo deep, shortcuts and bad decisions often seem realistic. There is no business without risk, but as long as its measurable we can take the risk.
I have different opinion on this. Even younger has longer time horizon and bigger recovery ability but kindly be noted being young doesn't mean we can be wild and free to speculate. Ignoring financial foundation is suicide, because when financial failure happen to deep,don't you think it will be hard to get up and stand up straight. Debt, lost capital, social prejudice, financial trauma mostly have bad effect to our personality. Do not try learning by doing on financial management, it id very dangerous for life stability, family, mental healthy and of course our future. Financial planning made and designed for minimalized fatal failure and avoid financial collapse, so it is not designed for trial and error especially can not absorb big financial failure. My suggestion for young generation are find a good mentor, if can't, you can try to follow the right stages, step by step. Foundation always the most important part when build everything, just ensure you have strong financial foundation before take high risk decision. Casflow stability is a must, emergency fund for 6 month, risk protection and debt management but i prefer zero debt, after this stucture strong, after that the exploration of risky assets become healthy and controlled. Being poor is pity but what is more worrying and frightening is being a bad person, because when we drop downtoo deep, shortcuts and bad decisions often seem realistic. There is no business without risk, but as long as its measurable we can take the risk.
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I have different opinion on this. Even younger has longer time horizon and bigger recovery ability but kindly be noted being young doesn't mean we can be wild and free to speculate. Ignoring financial foundation is suicide, because when financial failure happen to deep,don't you think it will be hard to get up and stand up straight. Debt, lost capital, social prejudice, financial trauma mostly have bad effect to our personality. Do not try learning by doing on financial management, it id very dangerous for life stability, family, mental healthy and of course our future. Financial planning made and designed for minimalized fatal failure and avoid financial collapse, so it is not designed for trial and error especially can not absorb big financial failure. My suggestion for young generation are find a good mentor, if can't, you can try to follow the right stages, step by step. Foundation always the most important part when build everything, just ensure you have strong financial foundation before take high risk decision. Casflow stability is a must, emergency fund for 6 month, risk protection and debt management but i prefer zero debt, after this stucture strong, after that the exploration of risky assets become healthy and controlled. Being poor is pity but what is more worrying and frightening is being a bad person, because when we drop downtoo deep, shortcuts and bad decisions often seem realistic. There is no business without risk, but as long as its measurable we can take the risk.
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I have different opinion on this. Even younger has longer time horizon and bigger recovery ability but kindly be noted being young doesn't mean we can be wild and free to speculate. Ignoring financial foundation is suicide, because when financial failure happen to deep,don't you think it will be hard to get up and stand up straight. Debt, lost capital, social prejudice, financial trauma mostly have bad effect to our personality. Do not try learning by doing on financial management, it id very dangerous for life stability, family, mental healthy and of course our future. Financial planning made and designed for minimalized fatal failure and avoid financial collapse, so it is not designed for trial and error especially can not absorb big financial failure. My suggestion for young generation are find a good mentor, if can't, you can try to follow the right stages, step by step. Foundation always the most important part when build everything, just ensure you have strong financial foundation before take high risk decision. Casflow stability is a must, emergency fund for 6 month, risk protection and debt management but i prefer zero debt, after this stucture strong, after that the exploration of risky assets become healthy and controlled. Being poor is pity but what is more worrying and frightening is being a bad person, because when we drop downtoo deep, shortcuts and bad decisions often seem realistic. There is no business without risk, but as long as its measurable we can take the risk.
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