National Debt Relief Talks About Money Lessons From Octogenarians
Los Angeles-Long Beach, CA (PRWEB) January 25, 2016 -- National Debt Relief recently shared in an article published January 3, 2016 how consumers can take away great financial lessons from octogenarians. The article titled “4 Important Financial Lessons You Could Learn From Octogenarians” takes a look at the unique life of these 80 year olds and what they have learned with their own money management journey.
The article starts off by by pointing out that octogenarians lived in what could arguably one of the most interesting generations in the history of the country. They belong to the generation that fought for freedom in World War II and most of them were making planes, tanks, cannon, ships and all the armaments used in the war. At present, they are pictured as those people who are just rocking in their chairs gazing out into the sun seemingly in deep thought. But there are financial lessons that people can take away from their past and present day experiences.
One such financial lessons the article points out is that octogenarians wish they would have saved more in the past which would make them a lot more financially stable at present. This is where the power of compound interest comes into play or simply just starting early with as much as possible so consumers would have a big amount to draw out from in retirement.
The article also points out how long-term outlook can play a crucial role in how people shape up their financial strength. It takes a lot of dedication and a great amount of discipline to stick to a long term goal as present circumstances change on a constant basis. Long term goals keep people grounded and keeps their eye on the prize.
Octogenarians also share that the first few years into retirement are some of the greatest years. This is because they still have the energy to enjoy retirement activities such as travelling, engaging in new hobbies or even sport. The article shares that as retirees grow older, their options for rest and recreation becomes limited with their health.
To read the full article, click this link: https://www.nationaldebtrelief.com/important-financial-lessons-you-could-learn-from-octogenarians/
Paul Ritz, National Debt Relief, http://www.nationaldebtrelief.com/, +1 888-703-4948, [email protected]
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