“Learning to properly assess the situation, manage money, store it, and raise it in a large-scale crisis is critically important for yourself and your family. Learn financial literacy, because in times of crisis there are things you can do. Both bottom out and get rich.” Idea
THIS 2023 WILL BE REMEMBERED BY EVERYONE FOR A LONG TIME
For 30 years, Ukrainian business has had to see a lot and be tested during various crises. However, this year I saw how the destruction due to the war reached unimaginable dimensions and the negative financial and economic factors started to converge rapidly at one point.
And we have entered the beginning of a major systemic crisis, not only in Ukraine but globally. And, of course, not everyone will spend these times (the new age of change) in good condition.
Therefore, it is critical for yourself and your family to learn to properly assess the situation, manage, save and multiply your money in a large-scale crisis. Learn financial literacy before it’s too late, because in times of crisis you can hit rock bottom and get rich fast.
For example, at the end of the dashing 90s and the beginning of the fat zero years (i.e., the beginning of the eras) before my eyes, the greatest fortunes were made in Ukraine due to privatization and corruption. And now, many opportunities have opened up for the younger generation, which are mostly used by senior officials for personal enrichment.
And finally, it occurred to everyone that you should consider pensions for those aged 18+, because the worldwide pension system will be curtailed. Especially in Ukraine, we see how quickly the retirement pyramid runs out of fuel and returns to the reward system for the elite only.
We endure and find new sources of income.
Source
Source: Focus
John Holton is a seasoned author and journalist, known for his expertise in economics. He currently works as a writer at 24 news breaker, where he provides readers with in-depth analysis and commentary on the latest economic developments. With a background in finance and a talent for explaining complex economic concepts in a clear and accessible way, John’s writing is a must-read for anyone interested in staying informed about the economy.