question archive Explain how career and education can affect a person's financial future

Explain how career and education can affect a person's financial future

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Explain how career and education can affect a person's financial future. Then, explain how a person plans a budget and considers long-term financial stability.

 

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Career and education has a positive impact in both investment levels and economic growth.

one is able to attain financial stability still even when he or she plans a personal budget through making his finances personal and understanding that the most important investment is themselves and also ensuring that they live below their means.

Step-by-step explanation

an individual who is financially educated there will be high chances that he or she will save more and also stand a chance in challenging financial service provider to come up with products that meet their demands.

Making ones finances personal is through them prioritizing their situations and not be concerned about other peoples situation and statuses. don't ever compare oneself to another. Don't ever beat yourself up when you fail to attain saving goal that you set for doing the wrong thing

ensure that the time, energy and money is invested on one self in developing skills needed to that is college degrees

living below your means will entail one to spend on that they need which would be the key to ones long term financial success. as you will expect to grow if you spend less of the money you make

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