Financial safety

[Stardom22]

We are in the trying times whereby money matters are very challenging due to the ongoing globally inflation.
So what do you do to create your financial safety?

 

[Starmix]

There are ways how to create financial safety 1. start an emergency fund, 2. fortify your savings with life insurance, 3. use your skills for a side hustle, 4. go on a spending diet, 5. invest in medical insurance, 6. save for retirement. Ref: ( https://www..bpi-aia.com.ph/ https:// www.investopedia.com

 

[cherry123]

It is to work or do business daily. Spend less and have more income. This inflation isn't easy at all

 

[saoussen5765]

There is no financial safety in the internet as old methods generating money could turn into scam ventures so nothing is safe here.

 

[Starmix]

If you are wise, you need to protect your finances. Many retired broke because of carelessness. We do not remain young and once we grew older, our health declines so with our income.

 

[Sanjeev]

Investment in property, equity funds, and shares are the ways to have financial security. It's always advisable to save at least 40% of your salary

 

[Starmix]

Investment in property, equity funds, and shares are the ways to have financial security. It's always advisable to save at least 40% of your salary

That's true, by the way I was out for some minutes I applied at clickworker, the pay is $5000 a week but claimable after 39 days. I took the assessment tests to qualify no time limit. I'll resume to answer this afternoon try to apply.

 

[Sanjeev]

That's true, by the way I was out for some minutes I applied at clickworker, the pay is $5000 a week but claimable after 39 days. I took the assessment tests to qualify no time limit. I'll resume to answer this afternoon try to apply.

So you will join it. Update us on how is the site. But don't you think 39 days is too much?

 

[Starmix]

That is their policy. I chose PayPal mode of payment. There's crypto and bitcoin. It's a very big company.

 

[Carson20t]

There are ways how to create financial safety 1. start an emergency fund, 2. fortify your savings with life insurance, 3. use your skills for a side hustle, 4. go on a spending diet, 5. invest in medical insurance, 6. save for retirement. Ref: ( https://www..bpi-aia.com.ph/ https:// www.investopedia.com

At the end of the day it is exactly like what you have said and that we should have financial freedom.We should build our financial portfolio and have a good health care insurance ,we should have reliable housing and our income must be above our expenditure then it is alot easier to have financial freedom.

Everyone can be that,what is important is to become a quality person.Make quality investments and work hard towards your goals.

 

[Starmix]

At the end of the day it is exactly like what you have said and that we should have financial freedom.We should build our financial portfolio and have a good health care insurance ,we should have reliable housing and our income must be above our expenditure then it is alot easier to have financial freedom.

Everyone can be that,what is important is to become a quality person.Make quality investments and work hard towards your goals.

Yes, you're so right. But there are some who never care and only to realize when they live on loss.

 

[Carson20t]

Yes, you're so right. But there are some who never care and only to realize when they live on loss.

That is the sad part about life,no matter how good opportunities are,people will always pick the ones that are not good.For example in just six months one is supposed to have a stable and promising business online but you could find people after years of being online the only skills they acquire is SCAMMING people.

We people need to build a quality personality that enables us to have growth.

 

[Starmix]

@Carson20t , agree with you, they would land to scamming people if they want urgent cash but their style won't last for years especially this time there is SIM card registration.

 

[Hate2Wait]

We need to have money in bank and should have insurance because that helps us to have a relaxed life as we are mostly more concerned about our family

 

[uptrendfinancialsignal]

It is necessary to have financial backup which can only be done when you have enough savings.

 

[Sanjeev]

It is necessary to have a financial backup which can only be done when you have enough savings.

And for that one has to make some target for saving a fixed amount of money every month. We need to be disciplined to save money every month.

 

[timewo]

We need to have money in bank and should have insurance because that helps us to have a relaxed life as we are mostly more concerned about our family

The problem with having money in bank in some countries, is that security agencies are falsely labelling professionals from poorer communities a security threat without proof to cheat, exploit,rob them

 

[nomad]

In order to ensure financial safety, you need to make sure you have multiple income sources and most of your income sources are passive.

 

[eldavis]

For now i am completely focused on increasing my income, there are so many side hustles you can do online and offline to increase your earnings.

 

[Afeefah]

Building your financial future can be achieved through savings and having multiple sources of income.