Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Topic OP
Seeing the investor's mistakes as learning opportunities to newbies.
by
B-BossMan
on 08/09/2025, 05:48:44 UTC
⭐ Merited by SmartGold01 (2)
Good day, my good Naija people.
 With the current economic challenges, it's very essential for the younger ones to provide themselves knowledge to avoid difficulties that the elderly ones have discovered or passed through.
Firstly, we need to advise them to train themselves by learning and also reading some financial economic principles, as well as personal finance and investment aspects. They can also provide valuable insights by engaging them in online crypto classes and practical experience on crypto.
Additionally, we need to let them understand the benefits of budgeting and how income and expenses are being managed or handled, they should know how to spend and what areas to spend on.
Moreover, encourage them to invest early even with the little amount so that they can have rapid benefits over time, having connections with crypto expertise and mentors in the financial profession can tender guidance for them. They should avoid repeating past lapses and view the experienced mentor's mistakes as learning opportunities.

Share your thoughts.