How to survive when you don't have a job, you are fired or retire скачать в хорошем качестве

How to survive when you don't have a job, you are fired or retire

Avoiding being broke in old age requires long-term planning and smart investments. Here’s how you can secure your financial future using the strategies you mentioned: 1. Have a Set of Skills Having valuable skills ensures you can always earn money, even in old age. Practical Skills: Farming, carpentry, tailoring, construction, and repair work are always in demand. Business & Investment Knowledge: Learn how to manage money, sell products, and identify good investment opportunities. Digital Skills: Knowing how to use technology can help you find online opportunities, market your business, or manage investments. The key is to develop skills that don’t depend on employment but can generate income independently. 2. Invest in Land & More Land Land is one of the safest and most valuable long-term assets. Buy Agricultural Land: Even small plots can be used for organic farming, livestock, or leasing. Acquire Land in Developing Areas: As towns grow, land values increase, and you can sell at a profit. Rent or Lease Land: If you own land but don’t want to farm, you can lease it out for extra income. Land never loses value if well managed, making it a solid wealth-building strategy. 3. Invest in Your Children Your children can be a financial backup in old age—if raised wisely. Educate Them Well: Ensure they gain skills that make them self-sufficient and financially stable. Teach Them Financial Responsibility: Help them understand investment, savings, and business from an early age. Build a Family Business: If you have a farm or business, involve them early so they can take over and sustain it. The goal is to raise children who are responsible and can support you when needed, but not to depend on them entirely. 4. Build a Farm A farm provides food security and a steady income source. Grow High-Value Crops: Fruit trees, grapes, passion fruit, and organic vegetables can bring long-term profits. Raise Livestock: Chickens, goats, and fish farming can provide both food and income. Use Organic & Sustainable Methods: Reduce costs by using natural fertilizers like comfrey and manure. Diversify Income Streams: Sell farm produce, process goods (e.g., dried fruits, juices), or offer agritourism services. A well-managed farm ensures you always have food and something to sell, reducing financial stress in old age. Final Tips to Stay Financially Secure in Old Age ✅ Save & Invest Early – The earlier you start, the better your financial cushion. ✅ Avoid Debt – Stay away from loans that don’t generate income. ✅ Live Below Your Means – Don’t overspend when you have money; always save. ✅ Create Passive Income Streams – Rentals, farming, investments, and side businesses can keep money flowing in. Nostalgy by Spiring | / user-57630131 Music promoted by https://www.chosic.com/free-music/all/ Creative Commons CC BY 3.0 https://creativecommons.org/licenses/...