Many of us are young and believe that we have all the time in the world. Time passes, we develop personally and professionally, we get married and the children appear. Expenses are starting to rise! If we are not careful to calculate our budgets and manage them carefully, we may find that the years go by and we have nothing set aside. Others change their car, their house, go on vacation, have fun and we stay at home and we do not understand how they succeed and we do not. Well, financial education makes all the difference!
What is the importance of saving and financing?
For an emergency fund – Yes, there may be fewer good days with immediate medical needs. This fund must also be at your disposal. If you touch it, Reuniting the fund will be your number one priority after you get through the problem!
For a security fund – The job is no longer guaranteed or maybe one day you wake up that “it is no longer possible, today I resign”. Lack of a family income can affect your lifestyle. Other issues arise and at least the material security part should not be on the list of pressing issues. It is advisable to have savings in this fund to cover the financial needs of the family for 3-6 months.
For investments – Do you remember the above story about retirement? That’s what we’re talking about. You should invest small, but steady amounts. Find information on various sites, you can contact specialists in different fields. One tip would be to invest in what you are good at and things you are attracted to such as real estate, stocks, art, etc.
For desires – Well, what is a life without happiness? It would be useless to save and save but never enjoy your life. Nobody should offer their lives for money. You must enjoy the precious moments and buy something when you want and can afford it! Make yourself gifts from time to time!