Conclusion of the financial journey

As I have specified, this is not really intended as a course, but rather a path that in a simple and clear way aims to improve your relationship with money and gives you a correct knowledge of the financial markets that are too often seen as negative and that instead represent the best way to make your savings return.

If you want to improve your financial situation, you have two options: hope to win the lottery or get busy. Here's a way to start saving. Not easy, perhaps, requiring sacrifices, definitely, but ask yourself this question: how much I really want to change my life for the better?

The day that changed my life, and I kid you not, was when I first kept a household budget. Seeing how much money I was futilely spending opened my eyes and made me realize that I needed to change my mindset. I began to give up some small things and save that money.

My goal was to become financially independent, that money would work for me and not the other way around. This took time, perseverance, determination but today I can say that I have achieved my goal. I am 51 years old; I am a successful trader (if I may be allowed a touch of arrogance) but not only that. I have three other activities that give me a passive income every month in addition to my accumulation plan that in ten years will allow me to retire and enjoy life to the fullest.

And I started from scratch. My family was far from rich. The only salary was that of my father, a simple worker, who had to support me, my two brothers and my mother. The word "save" was not in our vocabulary.

So, don't make excuses, they don't work. Do not put this off, do not procrastinate. And I am especially addressing young people who have many years ahead of them and, alas, an uncertain future. There is no limit to savings, you can start even with 20 or 50 euros per month. Starting an accumulation plan when you are young, even with such a low amount, will give you great benefits in the future.

I created this path with the sole purpose of helping as many people as possible improve their financial situation. And you can test the benefits right away by simply keeping a household budget. Over time, seeing your savings grow will give you a feeling of satisfaction and greater peace of mind. The knowledge that you have done the right things will strengthen the change in your mindset and increase your self-esteem. It will bring greater peace of mind to your family.

It is also important that if you have debts, you can pay them off and quickly. Debts are a source of worry and often of family problems. It is not always easy to get rid of them, but you can contact the debtor and agree on a monthly repayment. If they are reasonable people, they will understand your situation and agree to help you.

You must use a portion of your income to honour the agreements made. "Make sacrifices today for a more peaceful life tomorrow.” This is the motto that should accompany you at this stage.

So, I urge you to put into practice some of the aspects you have seen on this journey and to delve into greater depth on the topics covered. Along the way, I have mentioned some books that I recommend you read. On ETFs, there are many texts in all languages. Two other books I recommend you read are Ray Dalio's "Principles: Life and Work" and Burton G. Malkiel's "A Random Walk Down Wall Street".

If you have read this far, it means that what you have learned has intrigued you at least. Now, you have to take the first step, but you are not alone. If you have any questions, you can contact me as always by filling in the form on the page "Contact David", I will be happy to help you along, using what are my knowledge and experience. Or explaining concepts that are not yet clear to you.