Cash is everything
Hi Hivers friends, have a nice week everyone.
Our world and life are very unique, when we are happy and have a good life, remember that maybe hard times will come at times we can't expect.
However, as intelligent people we need to prepare ourselves so that we can overcome the hard times that befall us more easily. I myself always prepare myself for the hard times that might befall me someday.
The main thing I prepare to face hard times, problems or situations that have a negative impact on me and my life is Cash. The reason I prepare cash as the main alternative for my life in hard times is because in fact only cash can help us at any time.
That's why some successful people also always say to set aside 20% cash from all your investment assets, meaning they know that hard times will definitely happen, people who don't understand this will definitely feel miserable in their lives because they are too greedy in investing or putting all their cash in the business they run.
And I have also heard some words from successful people that they always save emergency money outside of company money or investment assets for a year of their life needs, so that if a difficulty occurs one day they still have a foundation to survive.
This is what I apply to myself now, I always save some amount of cash just in case one day the hard times come, because if all the money we have when we are rich or happy we put into investment assets, when we experience difficult times we are forced to sell our investment assets at a low price.
Maybe not everyone understands what I'm saying, but for me cash that is saved well is the main foundation of life.
This is my entry for the #weekend-engagement contest held by @galenkp, see you in the next post.