Quote from: paxmao on Today at 03:41:39 PM

Look, you can be old and rich or young an poor, but being old and poor is bad shit.

A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.

All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.

This is a sound advice for anyone who cares about his future. This message is more useful to us who live in developing nations where the government does have not a support plan for the unemployed or the poor. We need to maximize our youthful age to save and invest in profitable areas that will serve as a backup in the future. There is no need to spend lavishly on material things that have no meaningful contribution to our well-being. Spending money on designer clothing, new versions of gadgets, luxury cars, etc without investing I not the best path to follow.

Quote from: Lucius on Today at 04:39:44 PM

I would rather be rich in my youth, or rather in my best years, even at the cost of having much less or being poor in my old age. When you're young, you have far more needs and things you need to accomplish, and for that you need a lot of money - and when you get older, your needs decrease more and more and the only thing that matters is your health.

As a young chap, you could do some odd jobs to survive. But when one is old and poor it could lead to suffering because one might not have the strength to engage in some work that could support him. Old age also comes with medical bills that are very expensive to handle, especially in countries that have no welfare package for the elderly. Nevertheless, it is better to live a lifelong financially stable life.