The age range to achieve financial stability keeps reducing.

[Min George]

Before now, one had to always be around a certain age range of about 35 years old to forty years old to stand a chance of achieving financial stability. That age range has drastically reduced now as we have people that are already financially secure as young as their early twenties. What is the cause of this shift?

 

[Starmix]

In the past when technology wasn't introduced or accepted by some parts of the world, only a very few can afford to go college, and most of them enter college at late 20s because they were saving money which is why many of them became financially stable late. When technology was at its peak and the Internet connection was widely used, young people got chances to better education at an early age and graduated at ages 20 or 21. They are able to build their career at a young age and explore on the web to do business or investment. Young people become smarter and financially oriented.

 

[Suba]

To enter the world of finance and work requires adequate skills, if someone has graduated from college at the age of 22 then he will get a salary above the minimum wage standard, another factor for success or achieving financial stability is also supported by family and parents, so that he can invest, buy a house, car and build a business.

 

[Kross]

We now have millionaires that are in the age range of teenagers. Time is not a determinant of wealth.

 

[Fidelia]

Making money is easier now. With focus and innovation, it is possible for someone to just make money in millions with just one brand or product.

 

[eLdavis]

There are actually several reasons to this shift though, for some it might be due to easy access to technology and many opportunities, while there are those who with technology they have ventured into illegal things.

 

[Stardom22]

Unlike in the past years nowadays things are changing very fast. Like of late there are so many life changing opportunities that emerge every now and then.

 

[Springtime]

In this digital age, if you are innovative and can create a digital product which meet the needs of your target audience, your company can generate many sales and make good profits. Young people received their education using technology, they are in a position to create innovate digital products.

 

[Augusta]

Yes time has changed now we have people drastically having financial stability at a very small.age now