Monday, October 19th, 2015
It is rather tragic that we don’t acquire the knowledge and insight we need to get the most out of life until we are near the end of it. The basic principles of financial success do not change over time and there is much that young people can learn from those who have been before them. Despite their meagre household incomes and large families, our forebears were able to provide the essentials of life for their families without handouts and without going broke. Saving was imperative, because it was up to each individual to make their own way in the world.
While we expect to have a higher standard of living than previous generations, there are four important principles our forebears used which young people need to know:
If we all lived this way, how much wealthier we would be!
Enter your information below to receive all latest news, tips and advice from Moneymax, directly into your inbox.