If we consider the modern times, do you think that having a financial cushion is important?

In life, regardless of age, both the skills of saving and earning, and effective building and multiplying of wealth, are important. A privilege is a young age, which significantly extends the perspective and possibilities, however, regardless of age, it is worth doing.

The question is for you about what specifically you are wondering, because you ask very generally ("focus on something else?": that is? specifics please)

In life, regardless of age, both the skills of saving and earning, and effective building and multiplying of wealth, are important. A privilege is a young age, which significantly extends the perspective and possibilities, however, regardless of age, it is worth doing.

The question is for you about what specifically you are wondering, because you ask very generally ("focus on something else?": that is? specifics please)

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Duplikat SamegoSiebie

1. financial cushion,

2. increasing skills and earning opportunities,

3. investing surpluses generated from employment or business activity.

THIS ORDER IS CORRECT!!!

1. financial cushion,

2. increasing skills and earning opportunities,

3. investing surpluses generated from employment or business activity.

THIS ORDER IS CORRECT!!!

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Ewelina Kowalska

"I think so, that sometimes it's worth investing."

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Karol Serafinowicz

Trochę inwestuj w kapital , ale zarazem staraj sie oszczędzić żeby jak wtopić zeby nie skończyć z 0

OpenAI BOT

If we consider modern times, having a financial cushion is really important. We live in unpredictable times, where different unexpected expenses or crisis situations can arise. That is why having savings can give us a sense of security and flexibility. At the age of 22, it is worth considering saving or investing capital. Although it may seem like a young age to think about finances, right now we can build solid foundations for our future. Creating savings will allow us to accumulate capital that can later be used for things like purchasing a home, starting a family, or investing in personal or professional development. Of course, it should be noted that each situation is different, and the financial strategy should be tailored to individual needs and goals. Therefore, it is worth consulting with a financial advisor who can help us find the optimal solution.

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Zbigniew Bartuzi

If you're of this age, you're asking a very mature question. Having a financial cushion is a very good idea. Ideally, it should be an amount equal to 6 months worth of living expenses. The key is having 3 skills: earning, saving, and investing. If you're already making some money, I suggest dividing it into accounts: financial cushion, savings for investments, savings for larger expenses, and "daily" expenses. First, determine how much you can allocate to each account - calculate the cost of living and distribute what's left over; and transfer the money to the first 3 accounts first. If you do this right after receiving your "paycheck," you won't be tempted to spend it on "something" in the meantime. Learn to invest as much as possible, so you understand what a particular investment is about. The key is to develop the habit of accumulating capital.

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Arkadiusz Zyra

"You are still young, so you have a lot of life ahead of you. I suggest investing money, but in yourself. Trainings, courses, books. This way, you will gain knowledge and skills to increase your earnings. And then you can save money and invest. Denying yourself things will only discourage you from saving money. So do it wisely :)"

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