*LONG STATUS, dont read if you dont have the mental strength* - TopicsExpress

*LONG STATUS, dont read if you dont have the mental strength* Young people , or people thats just trying to get their lives together, or become a entrepreneur..heres some advice. No im not the richest , nor rich, think im better etc, Im just a young Man trying to give some insight . If youd like to know keep reading if not continue your day :). 1. if your in school just because thats what you was told to do, you will more than likely fail. Your going off someone elses plan, raising your loans ? Why? A lot of you go to school for degrees that get you in a mangers position at a fast food place (no disrespect intended) but the time you spent in school you could have worked your way up the ladder and got the same position minus the loans...bottom line if its not your plan stop what your doing reevaluate the situation it might save you thousands of dollars and most importantly your time 2. Taking out loans to start a bussiness or for something personal? The answer to this is almost always no for me, unless you have a air sealed plan..if you dont have the self control to save a nice lump some to start a bussiness over time...guess what ? Your not ready for that bussiness...start small work up...you want a bussiness to sell cars sell cash cars 1st ..invest with your money..if you mess up YOU DONT OWE NO ONE NOTHING! But only invest something that you WOULDNT MIND LOSING! To this day i dont owe nobody nothing except my car and thats to build credit...now taking out loans for things like a house cars, well dont live above your means..if you cant afford to pay it off or the car/house note for AT LEAST 9 months (2/3) of a year YOU DONT NEED IT...another thing you dont have to file taxes if you make ON PAPER under 10,000 a year 3. Save at least 40% of your money, and if you cant save that much ITS A PROBLEM...change your expenses and do it fast..40% should be easy if you do it right if your check every two weeks 600 save 240 ..so saving 480 a month should be your goal..if you want something next year guess what you have ? 5760..thats almost 6 thousand saved, also that money can come in handy if something goes wrong. I was going to give you another but lol im pretty sure half of you stop reading by now , so that will do #A1 talk

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