If you want to live a comfortable life, if you want to have a good family life, if you want to become happy in your life, you need to be financially healthy. When you are financially healthy, you have savings, emergency funds, passive income, investment portfolios, as well as retirement funds. When you are financially fit you are not depended on your paycheck, you can still pay your bills even if you lose your job or income source. To become financially healthy, you need to try to build multiple source of income so that you have money to save and also for investment.
How do you Achieve Financial Health
- Thread starter Mika
- Start date
To ensure an optimal financial health, you'll have to invest in different assets, the idea of relying on single income is not going to cut it, you should try to create more streams of income, this can be possible if you learn many skills so that you can use to generate more revenue.
You'll have more financial security if you earn 100$ from 2 sources than earning it from 1, even in businesses they tend to diversify when they acheive a stronghold in the industries they're in, learn from them.
You'll have more financial security if you earn 100$ from 2 sources than earning it from 1, even in businesses they tend to diversify when they acheive a stronghold in the industries they're in, learn from them.
Monster Masterpiece
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Even if you have money you need still to obey your parents. Directive that financial health means no longer obey his parents because you have money is totally wrong perspective unlike what people are promoting that financial health means disobey your parents because they no longer have financial influence in your decisions.