Lifestyle Discussion

When you get a job, you will have an income source, and money will come regularly. When money comes regularly, you can not only manage your lifestyle regularly, you can also save money regularly and invest money regularly. For example, if you are receiving $1000 pay check, you can save 10 percent i.e. $100 in a high interest bank account and invest 10 percent i.e. $100 in the stock market. If you do this regularly, by the end of the year, you will have $1200 in your saving account and $1200 in stocks. In the mean time, you would also be receiving interest in your saving and dividends in your stocks. You can achieve financial freedom only when you save money and invest money. If you are not saving money or investing, you can build a business and generate revenue from your business. This can also help you become financially free.

As you say, I usually save a part and another invest it, after having faced my expenses, I like to invest both in the stock market, as in crypto and precious minerals, I think it is a wise choice to save a part of your money and another to invest it, it is a good way to obtain future wealth, since my horizon is quite long term.

It is important that when you are going to consider doing this, you have a stable source of income to be able to risk money that you can afford to lose.

It is always very important for you to have more than one source of income because this is going to make it easier for you to have the possibility of taking care of your responsibility. This is the reason why I have a job, a business and I have several other investment that makes money for me.