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Inem
InemKnowledge Seeker
Asked: August 17, 2023In:

Every stage of life has achievements that make that stage of life fulfilling. There are differences categories of milestones for certain ages. Financial milestones are very important to build a stable financial life. What are the financial milestones that ...Read more

Every stage of life has achievements that make that stage of life fulfilling. There are differences categories of milestones for certain ages. Financial milestones are very important to build a stable financial life.

What are the financial milestones that one has to achieve at the age of 30?

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age bound.financial milestones
  1. Suba
    Suba Knowledge Seeker

    At the age of 30, a person should already have an established career and job and have additional skills. So that in this age range, someone can achieve financial milestones such as: 1. Do not depend on parents. 2. Free from Debt 3. Have a steady job and additional income. 4. Have a clear career, forRead more

    At the age of 30, a person should already have an established career and job and have additional skills. So that in this age range, someone can achieve financial milestones such as:
    1. Do not depend on parents.
    2. Free from Debt
    3. Have a steady job and additional income.
    4. Have a clear career, for example becoming a lawyer or accountant.
    5. Have a savings and investment portfolio
    6. Have an emergency fund.
    7. Can make a donation

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Inem
InemKnowledge Seeker
Asked: August 17, 2023In:

I listened to a very wealthy man and he said something like, “he goes to the office by 9AM and closes from the office by 1AM the following day. That got me confused. Do I have to work for such long ...Read more

I listened to a very wealthy man and he said something like, “he goes to the office by 9AM and closes from the office by 1AM the following day.

That got me confused. Do I have to work for such long hours to have financial freedom?

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financial boostfinancial improvement
  1. De Mogul
    De Mogul Expert Mind A student

    Working for long hours doesn't make you at all because it doesn't not define how much you can make . To be rich you have to think differently and smarter because brain always beats strength when it come to money making. While others are spending more strength work smarter to minimise time use by looRead more

    Working for long hours doesn’t make you at all because it doesn’t not define how much you can make .
    To be rich you have to think differently and smarter because brain always beats strength when it come to money making.

    While others are spending more strength work smarter to minimise time use by looking for smarter ways of doing them .

    Learn new skills and invest into Businesses with high yield

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Inem
InemKnowledge Seeker
Asked: August 16, 2023In:

I have seen some people who are very hardworking but they are still broke despite all their hardwork. What could be the cause of this situation? I thought that hardwork is the way to go if you want to break free ...Read more

I have seen some people who are very hardworking but they are still broke despite all their hardwork. What could be the cause of this situation?

I thought that hardwork is the way to go if you want to break free from financial struggles? What are this very hardworking people missing in the financial success equation?

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bankruptcyfinancial freedom
  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor

    Simply being hard working doesn't ensure any level of success or wealth. There are many individuals that remain very broke even after working very hard throughout their entire life. This generally occurs because of several reasons, such as low wages at work, not being financially literate, bad spendRead more

    Simply being hard working doesn’t ensure any level of success or wealth. There are many individuals that remain very broke even after working very hard throughout their entire life. This generally occurs because of several reasons, such as low wages at work, not being financially literate, bad spending habits, lack of investment habits, too few opportunities, high expenses compared to income level, outstanding debt and not effectively using their time to build income/working smart relative to creating income or learning how to scale their income. Success is typically based upon a combination of being hardworking and having a solid strategy; and also developing new skills, making good investing/business decisions.

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