In the past 100 years, it has been a roller coaster with economic prosperity, financial collapse, and money that caused the entire generation.
Every decade will bring new courses (profit and profit), which still affects our way of saving, investment and spending.
The 1920s: Prosperity will not last forever
The 200s of Roar were an overcover era-stock market growth, simple reputation, people spend money as if not tomorrow.
Then, come tomorrow. The collapse of the stock market in 1929 disappeared overnight, resulting in the Great Depression.
class: Never think that good times will continue forever. Live under your means, invest wisely to avoid excessive debt.
1930: The power of the emergency fund
Great Depression revealed the vulnerability of people without savings. Unemployment, the failure of the bank and the economic collapse caused millions of people to struggle to survive.
Those who have cash reserves and low debt are in a better position.
class: There are always emergency funds. The economic downturn has happen-ready.
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1940s: Long -term investment
During the Second World War, the government encouraged Americans to buy war bonds, which strengthened investment in patriotism and favorable.
In the past ten years, it has proven intelligence and long -term investment has established financial security.
class: Investment (bonds, stocks or other assets) are the key to long -term wealth.
In the 1950s: House ownership was a tool for wealth construction
After the war, government plans such as the GI Act helped families to buy houses, which strengthened that people believe that house ownership is the basis for financial success.
The prosperity of the suburbs in the 1950s showed that real estate can establish long -term wealth, especially for those who purchase and retain their properties in the early days.
class: House ownership may be a powerful way to financial security, but the timing and location are important.
1960: The importance of paying first
Economy is booming and consumer expenditure is rising. Financial experts advocate the idea of paying first to encourage better savings-automatically put on savings before spending anything else.
Those who follow this principle have established financial security, and those who spend often struggle in the future.
class: Save automatic. If you wait until the end of the month, there may be nothing.
1970: Inflation will destroy the purchasing power
In the 1970s, it brought soaring inflation and oil crisis, reducing the value of savings. Someone sitting in a low -interest account saw their money quickly lost its value.
Investors have learned that with the passage of time, hedging the importance of inflation.
class: Inflation is a silent wealth killer. Assets faster than inflation.
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1980s: Credit cards were a tool, not free money
In the 1980s, the explosive growth of credit cards led to interest rates of abuse people.
The person who used the credit received the reward responsible, while others were in deep debt.
class: Credit cards should be strategically used instead of Lu CK.
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1990s: Investment in the early days
In the 1990s, the 401 (K) plan, the growth of common funds and early technical investment.
The prosperity of the Internet makes young investors rich-if they enter early. Those waiting people missed huge benefits.
class: The earlier you invest, the greater the income. Fu profit is your best friend.
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2000: Always prepare for crash
The DOT-COM bubble broke in 2000, and the financial crisis in 2008 eliminated millions of jobs and houses.
Those who have diversified investment and emergency funds have survived the over -driving people.
class: The market does not always rise. Diversity, avoid excessive risk, and always have backup plans.
2010: Multiple income flow is important
The zero worker economy has exploded, and the hustle and bustle of the side becomes the mainstream. The course is very clear: there is only one source of income. It is risky.
Those who adapt to new opportunities have established strong financial security.
class: Don’t rely on a salary. Find a variety of ways to make money.
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2020: Financial elasticity is everything
On the 19th, the popularity caused the economy to fall into trouble, eliminated enterprises, and forced millions of dollars to fall into the financial crisis.
Those who have emergency savings, the flexibility of remote work and diversified investment are much better.
History taught us about financial survival knowledge
In the past century, the economic cycle has been repeated, showing us that prosperity will not continue forever, and collapse is inevitable, and wise financial habits have undergone the test of time.
The lessons of the past few decades are still important-wise support, invest in as soon as possible, avoid excessive debt, and always prepare for accidents.
