Post
Topic
Board Economics
Re: How is financial stability defined for you?
by
uneng
on 08/11/2021, 17:11:21 UTC
I can have financial stability with any amount of money, even the minimum necessary to survive. Financial stability just means I have to respect my financial limits, never spending money I don't have or that I will miss later for emergencies.
 
Being responsible with your money like I mentioned, you will be able to grow your savings on long run, earning more and more money (from passive income) each new month. So you can upgrade your life standard step by step as time passes, always respecting your financial stability limits to not compromise your progress negatively. With the correct mindset and with access to the right tools (bitcoin), everyone has a chance to thrive, doesn't matter how much they make in a monthly basis.