There are facts in life you need to understand and know about your finance status. There are things that you cannot deny, or however you avoid or not take things seriously, chances are you might end up either on the winning or losing end of your finances.
If you invest, you may win, you may lose
Yes, investing is a good idea, but sure, there are chances that you may win in this industry and you might lose as well. If you are willing to take the better route, you can always ask for brokers who can help you identify where are the best places to put your money for investment.
There are professionals who can help you get better with your finances
If you are having a hard time managing your own finances, then might as well seek help from professionals who are known to help people with their financial. Accept the fact that you have weaknesses and if handling finances is one of your weaknesses, then ask support from those who are good on this area.
Stocks is a gamble
Yes, stocks is a gamble, you can either win or lose, but you would not know unless you try. You can always go for secured but there is nothing more rewarding than trying the one that can possibly reward you more.
Securing your future is a must, save
Save, save, save. Before you spend, make sure that you save your target saving first. Never prioritize expenses or luxury than your saving. They say, you need to keep your target savings first, then whatever is left will be used for your expenses. If what is left is not too much, then try to cut on your other expenses. You definitely have to save to secure your future.
Get a loan that you can afford
Do not be impulsive getting a loan. You have to think things further and assess your capacity to pay. Yes you may need a loan, but ask yourself multiple times if the loan you are planning to get is something you can afford. You do not want your credit standing get ruined just because of your luxurious dreams. Loan or mortgage application will assess your capacity to pay, but more to that is assessing yourself if you can really pay. Do not be blinded of things you can and cannot afford.