What is the best financial advice someone has ever given you?

Question

I'm launching my finance-related product this Sunday and I'm curious to know: what is the best financial advice someone has ever given you?

Elaine Lu · Accepted Answer

"Always pay yourself first by saving a portion of your income before spending on anything else. This simple habit can build a strong financial foundation over time."

Vaibhav · Answer

Saving money is good but increasing your sources of income is even better!

CY Zhou · Answer

"you will surely have a lot left when you die. so do spend money when need."

Notionxyz · Answer

Live below your means and invest the difference. It's the key to building long-term wealth and financial security.

All the best for your new product!

Sol Yousefi ☀️ · Answer

The best financial advice I've ever received is to always pay yourself first. By that, I mean saving a portion of your income before you pay any bills or expenses. It's a great way to ensure you're building wealth for the future and not just living paycheck to paycheck.

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HR TG · Answer

@notionxyz1 This is a good one! Some people build their “perfect life” by maxing their credit cards and having loans all over the place.

HR TG · Answer

@vaibhavdwivedi what would be a great way to create new income streams for normal people?

HR TG · Answer

@elaineluyi I like this one! simple, but effective!

Vaibhav · Answer

@hr_tg Investments, Building digital/SaaS products, consulting etc.

Gurkaran Singh · Answer

One gem I received was: "Invest in yourself as if you were the latest tech craze - the ROI is unbeatable!" It's like upgrading from dial-up internet to fiber optics for your financial future!

Aayushi Singh · Answer

Do SIP, best is step up SIP. Even a student can start with it.

What is the best financial advice someone has ever given you?

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