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Repost - How To Prepare For Stock Market Crashes

Maven Money Personal Finance Podcast

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The Saving and the Spending Stages of Life

There's only really two financial stages in everyone's lives. You're either in the saving stage of your life, when you are unusually younger and earning an income from your job or business. When you hit something called your financial independence day, it's aged 60. That's when you stop working,. Then you start to live off your capital. And then move into what call the spending stage ofyour life. So you're saving, acquiring wealth. But once you have no income at all, you've turned off your income. The market crashes is a fantastic thing for you as a savor. Only one % of people can actually get their head around this. This is brilliant for my monthly

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