Think $80M Isn't Enough to Retire? You Might Be Missing These Financial Literacy Secrets!

Anyone in this era who thinks 80 million dollars isn't enough to retire can be literate and went to Harvard but that person can't be financially literate at all.

we are living in a world where average person never see's a million dollars in lifetime, lives paycheck to paycheck and poverty exists every corner of the world.

Yet there's someone who'll tell you it's not enough to retire on such amount like can you even imagine having that kind of pnl and not taking profit but than saying 80 million isn't enough is quite wild to begin with.

For now ahead in this blog we'll talk about things that makes you financially literate.

if you're still falling for scams that cost money

Everyone should be aware of all those scams that runs on internet like phishing link or those scam calls that wants you credit card details

And if someone fell for these kind of financial scams than that person isn't at that point where he can claim he's financially literate.

_{Image by Victoria from Pixabay}

It used to be difficult back then to figure it out if something is scam or not but now you can easily do more research than ever

You don't invest in real estate and loss money because of fraud cause you can find reliable people and high credibility.

Overspending or Doom Purchasing in this inflation

You know you're doomed to lose money and never gonna become rich if you keep on spending more money than you actually earn

And buy things online everyday without thinking twice like you're someone who have millions sitting in that wallet.

_{Image by Andrew Khoroshavin from Pixabay}

I honestly never purchase two expensive things at the same time and if I spent some good amount of money on something than I'll wait for like a month or two before spending for another one

Like everyone should have cool down period so they can save more money and burn less.

imagine not having a retirement plan

If you're financially literate than you'd think a lot about how you're going to retire otherwise without that plan you're going nowhere

And will be living paycheck to pay check for the rest of life. I don't get it why people say it's not possible to make anything out of 9 to 5, if you're getting salary check than you can save it if you do it right way

And once you have a retirement plan you'll have savings, you'll be spending more carefully and you'll have investments in assets..things like this makes one better than the rest.

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Wrapping Up...

You value money and figure out how you'll keep that money and 90 percent of your problems are going to disappear just like that.

Most people are always confused about how they can keep that money to themselves like if you've invested in some asset and now that's in profit, you have to learn how you'll protect those profit and after you take that profit how you'll use it for your better.

And once we know all this than we can say a person is financially literate.

_fin.