Post
Topic
Board Economics
Re: Is it still possible to retire early?
by
arwin100
on 21/06/2024, 10:27:27 UTC
In the past, the salaries of working people provided them with the opportunity to build their future. Most salaries today are just enough to live on until the next salary and not enough to do anything additional. The biggest problem of employees today is their inability to invest for the future.

It is necessary to take steps to start a new business or generate additional income. If a fixed salary is not enough, it is necessary to look for ways to invest for the future. Investing is one of the biggest things you can do for the future.

This, while an unfortunate reality for most, is 100% correct. 👍  Simply working and saving is not enough for anyone earning even an above average salary. 

Really not enough if we are solely rely on the income we can get from our 9-5 job since for sure that it will never enough especially if we have family to feed and to many bills needed to pay on. In that situation for sure we would struggle to save some amount for future since all will go to important things that needed to spend for. So I guess the only option to get out in this situation is to find something that can generate us another source of income and to reach this situation then I guess we should enhance our skill so that we can use it to offer to other people like doing some extra jobs with them. Then once we get enough savings came from our extra job then this is maybe the right time we could able to think about building up our dream to have a business since for sure with this we could able to have a chance to change our lives if we manage well our business and make it successful.