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RE: LeoThread 2024-03-24 15:37

in LeoFinance • 2 months ago

1/ 🧵 Investments in your future are not only a good life practice, but they are the golden mean to get a prosperous tomorrow.

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2/ 🧵 It is necessary to think about an investment objective, because you want to finance the purchase of a new home, your education or that of your child or even start your own business. Therefore, the details of your targets will clarify your ultimate goal.

3/ 🧵 Long-term financial security can only be ensured if you set aside money for emergencies. You should target saving 3 to 6 months’ worth of your living expenses for unforeseen needs like medical emergencies, car repairs, job loss, or any other unexpected situations.

4/ 🧵 Follow the capital markets and investment strategies as well for more personal finance knowledge. Keep teaching yourself as the times are ever-changing and you need to be able to make the right decisions and adapt to the conditions of the emerging economy.