2. Thus they say “life begins at 40.” It is true in a sense that most people should be stable, ideally, in all aspects of their life when they turn 40—the “prime” stage in a person’s life.
3. It is when you are 40 when you can do and be in your greatest potential—and at least, have already achieved the following:
4. 1. Property When you reach 40, society expects you to be living on your own and having a family. If you get married at around 25, the first thing that you should consider before or right after your wedding is acquiring your own home.
5. 2. Good credit score Your life will be stressful when you are still paying debt at 40. Considering that as you age, more responsibilities are coming your way—wedding bills, birth, education, emergency fund, and so on.
6. 3. Stable cash flow By the time you’re 40, you should not be in a situation wherein you are clueless on where to get money for what. You should have the budget for everything and it is clear to you where will you get it.
7. 4. Investment
Following stable cash flow is your financial ability to invest. Investing is great because you let your money work for you instead of putting it in your bank, which only earns little in interest
8. 5. Insurance
<span style="font-weight: lighter;">Life is unpredictable. You get sick, you get hospitalized, and you die. You do not want to stress yourself further on collecting money for such unfortunate incidents.</span>
9. 6. Retirement fund
<span style="font-weight: lighter;">The misconception about retirement fund is that you should have it when you are old. But there is a difference when you want it that way or you really need to work as long as you have the strength to do so.</span>
