You want to be more financially savvy. What’s the best way to start?

Nosotros en DEFI-Mentor minimizamos algunos pasos porque antes de entrar al mundo de estos desafíos DESCENTRALIZADOS siempre ofrecemos una Mentoría gratuita donde en ese espacio de coaching vamos detectando el nivel de conocimiento de la persona, sus posibilidades, sus miedos, sus necesidades y se hace más fácil el camino para EVALUAR.

Always have a broader check on your cash flow (income and expenses) and risk profile. Note that, you don't have to select the best, you have to select what is right for you.

The best way to start becoming more financially savvy is by organizing your finances. Create a monthly budget to track your income and expenses, and identify areas where you can cut back on spending. Start building an emergency fund to cover unexpected expenses. Consider speaking with a financial advisor to develop a long-term financial plan that includes saving for retirement and investing. Additionally, educate yourself about personal finance through books, podcasts, or reputable online sources to gain a better understanding of managing and growing your money.

The best way to start becoming more financially savvy is by gaining a thorough understanding of your current financial situation. This includes creating a detailed budget, tracking your expenses, and identifying areas where you can save or invest more effectively. Additionally, educating yourself about personal finance, reading books and articles, and considering seeking advice from financial professionals can be beneficial. Finally, setting clear and achievable financial goals, such as building an emergency fund or planning for retirement, will help guide your efforts towards greater financial literacy and success.

En mi equipo evaluamos los PROYECTOS, de forma muy meticulosa, no solo el proyecto sino los que están detrás, pedimos siempre una Entrevista con los CEOS, Desarrolladores, porque ahí detectamos no solo el proyecto, sino los valores de esas personas, se logra percibir esa energía. Nosotros siempre decimos que en todo PROYECTO de la vida, siempre tendrán riesgos para asumir.

Learning finance is easy, but following it is hard. You have to be patient and persistent. Start with a personal finance book, do not follow any random advice, news, etc. Have proper risk management and you are good to go.

El apalancamiento con personas expertas es fundamental para los que promocionamos no solo Proyectos, sino que conectamos empresas con expertos en desarrollos tecnológicos como la implementación de la Blockchain en sus empresas, para que evalúen y les propongan la mejor opción. Los cursos también te conectan con EXPERTOS Y profesores que ya tienen sus comunidades donde aprendemos unos de otros.

As for me, the most important things there are planning and learning, so I'd suggest starting by creating a financial plan. This plan should cover budgeting, saving, investing, managing debt, and planning for retirement. There are many apps that can help you automate and manage this process. Be sure to regularly review and update your plan as your financial situation and goals change. Also, remember that learning about finances never stops. Keep educating yourself on topics like tax planning, retirement savings, insurance, and investments. Use online courses, webinars, and financial books to expand your knowledge.

I will prioritize planning, budgeting, and living within my means. I will seek additional income sources, save a fixed percentage of my earnings, and seek expert advice when needed. I will manage credit wisely, prepare for risks with emergency funds and insurance, and plan for retirement early. I will keep my emotions separate from financial decisions, continually educate myself, and prioritize maintenance to avoid costly repairs. I will insure important items wisely.