Quote from: guydin on October 30, 2021, 03:44:36 PM

Financial freedom is my goal so I am trying to do everything to have passive income. I think that we should diversify our sources of money it means that apart from our job or business we should have passive income such as investment in crypto, or stocks, or real estate. Only this way we are likely to become financial independent and it is important not only to be able to earn money, but to save them as well.

Before talking about financial stability we should talk about financial literacy. Financial literacy is the ability to understand the necessary financial concept in making decision about saving, investing and borrowing.
It's a life skill that one must grasp for good financial wellbeing. It can also improve a person's standard of living and helps you to maintain a healthy credit score. Lack of financial literacy can be a very damaging to an individuals long lasting financial success.
In the us more than 20 states have compulsory financial literacy. In Australia financial education has been embedded in school curriculum. In many country are yet to push for mandatory financial literacy programme.
I presume financial literacy is the only solution for attain financial stability or financial freedom.If you are from a country that doesn't offer financial literacy in school go online there are plenty of courses on fundamental finance many of these courses are free. No matter what age you are it's not too late to learn. Educate yourself and educate others.