Post
Topic
Board Economics
Re: Take care of your money and learn to save.
by
wmaurik
on 19/05/2024, 16:00:51 UTC
Some people whom is management is people that cry at the old age when you are young and you are seeing money everyday it is left for you to manage the money well knowing that nothing come every time and did nothing lasts forever when you fail to plan well then you fell to achieve well in your old time that is what I have to tell you people so that you can understand that having a reserve is most important thing that a man supposed to do
If the reserves you mean are in the form of money, this will not always save our lives in old age, because the value of money can also be eroded by inflation or by increases in the price of goods every year. So the only thing that can help our lives in old age is investing in assets whose value will not be eroded by inflation or any other conditions. And if you see an old person who is starting to have difficulties in his old age, even though he used to be rich in his youth, it means that he did not invest his money so that his old age becomes more difficult.