Don't allow yourself to be broke during old age

[Starmix]

You are happy now being young. You never care about old age because it's too far away from today. You're an extravagant now because you have a job so there is salary. You can spend whatever you like and never care of the next day.

Because you are young, you are full of vigor and perfect strength, so come what may is on your mind.

But you never know or realize that every year your age is added and your strength declines. What if you're now in your old age and about to retire? Do you think you can bring back those years you neglected to save and you remain living in rent. What do you expect?

As much as possible save while you're still young and once your saving is good enough for a business then proceed rather than wasting your hard earned money. Don't forget that your friends are good to you once you have money but when you're broke they seem do not know you exist. Be smart and aim to be wealthy.

 

[aninditasen]

You are happy now being young. You never care about old age because it's too far away from today. You're an extravagant now because you have a job so there is salary. You can spend whatever you like and never care of the next day.

Because you are young, you are full of vigor and perfect strength, so come what may is on your mind.

But you never know or realize that every year your age is added and your strength declines. What if you're now in your old age and about to retire? Do you think you can bring back those years you neglected to save and you remain living in rent. What do you expect?

As much as possible save while you're still young and once your saving is good enough for a business then proceed rather than wasting your hard earned money. Don't forget that your friends are good to you once you have money but when you're broke they seem do not know you exist. Be smart and aim to be wealthy.

In India job holders are not allowed to do any business. That's illegal. That's the reason most of them become poor at old age.

 

[Trush Jodie]

When a person is broke in old age, they automatically become burdens to their children financially. People should think about their finances in old age.

 

[eLdavis]

If you don't want to go broke during your old age, you need to start working hard now. How we work now would affect our future.

 

[Starmix]

In India job holders are not allowed to do any business. That's illegal. That's the reason most of them become poor at old age.

Nah, what kind of government is that not helping the populace to be economically stable. An employee can do business inside the office like selling jewelry payable thru installments in 8 gives.

 

[wiseman]

You are happy now being young. You never care about old age because it's too far away from today. You're an extravagant now because you have a job so there is salary. You can spend whatever you like and never care of the next day.

Because you are young, you are full of vigor and perfect strength, so come what may is on your mind.

But you never know or realize that every year your age is added and your strength declines. What if you're now in your old age and about to retire? Do you think you can bring back those years you neglected to save and you remain living in rent. What do you expect?

As much as possible save while you're still young and once your saving is good enough for a business then proceed rather than wasting your hard earned money. Don't forget that your friends are good to you once you have money but when you're broke they seem do not know you exist. Be smart and aim to be wealthy.

I agree with you.I wish I had save more when I was younger. But then again the bank teller would have find some way to steal my money.Probable I should have done some sort of investmemt to reap tbe benefits now.

 

[Suba]

In my opinion, no one in the world wants to be broke during old age, but often the flow of life makes a different story, even though we have tried to save/invest and do business and even set aside part of our salary to buy a house, emergency funds, so we have lived simply, not spending money on unimportant needs. In my personal life, I have never had a plan to be wealthy, but aim to seek welfare and not lack money.

 

[Starmix]

I agree with you.I wish I had save more when I was younger. But then again the bank teller would have find some way to steal my money.Probable I should have done some sort of investmemt to reap tbe benefits now.

Sorry to hear about your fate a bank teller stole your money. I hope that the teller was removed from work and penalized by the bank management. That was a scary experience, if you only knew, you might have invested your money.

 

[Nomad]

That's why you need to invest in real estate so that you don't have to spend money on rents and you can also collect rental income

 

[wiseman]

Sorry to hear about your fate a bank teller stole your money. I hope that the teller was removed from work and penalized by the bank management. That was a scary experience, if you only knew, you might have invested your money.

Sometimes bank managers conspire with the bank tellers too to steal people hard earn cash. However one day they will meet their karma.

 

[Starmix]

Sometimes bank managers conspire with the bank tellers too to steal people hard earn cash. However one day they will meet their karma.

My God, that is a crime punishable by law. I have not heard of anyone here tellers doing that way stealing the depositors money. What I have heard in the past was a bank bankrupted because of mismanagement.

 

[eLdavis]

In India job holders are not allowed to do any business. That's illegal. That's the reason most of them become poor at old age.

That's not just fair, if the person can handle working for someone and also do their personal business, I don't see anything wrong with this.

 

[Kross]

There are sometimes that your children can't help you much at old age and you have to help yourself from your financial base b

 

[aninditasen]

That's not just fair, if the person can handle working for someone and also do their personal business, I don't see anything wrong with this.

Indian employers think their employees will neglect their job if allowed to do other jobs.

 

[Min George]

Indian employers think their employees will neglect their job if allowed to do other jobs.

That's slavery. Do they pay pensions that they don't allow people to have an extra source of income while working with them?

 

[eLdavis]

Indian employers think their employees will neglect their job if allowed to do other jobs.

Most employers over here also have similar fear as well, they don't allow their staffs to do other jobs or run their personal business.

 

[Springtime]

If you want to live a quality life after retirement, start planning and saving for retirement as early as possible.

 

[Augusta]

it can really be a struggle to be broke in old age. Let just believe that we would be able to save just the way we should to have money

 

[Starmix]

Never trust or believe that what you have today will be the same tomorrow. There are many changes to occur and changes are the only constant so get rid of hypocrisy that yesterday, today and tomorrow are the same.

 

[freelancermaria]

I have witnessed my parents' struggles because they did not save money when they were younger. I want to avoid their mistakes, so I am saving for my future, especially now that I have a chronic illness. No one will help me but myself.