Seeking Financial Independence at an Old Age — A Mistake or Correcting a Mistake Made??

On a Saturday, I went to one of the most expensive hotels to attend a crypto webinar. This crypto was meant to help those already making waves in the market and those who want to start their journey in the crypto space. It wasn't surprising to see a couple of young adults, fathers and mothers, being a part of this program. But something shocked me. I saw a man that's advanced in age. He sat beside me. In my mind, I was like, 'What is he doing here?'

It's quite abnormal to see an advanced person trade on the market. He'd rather use the money he has to store in the bank for his generation to enjoy or probably in a business. Why crypto? Crypto that can increase your heartbeatand allow you to grow weary emotionally? Can he manage losses, or may this only trigger his health issues when he keeps losing money in the market, which is a guarantee that you'll lose and gain at the same time?

Who advised him to attend this webinar, or is it just for knowledge? These were questions hovering round my mind. It's not as if I was completely judging him. I was just surprised because I've never seen an advanced person of his calibre trading. I don't know if there are people like that. It's the way he was keenly interested in listening to the programme that got my attention.

I was moved to tears when he stood up to tell us why he's here, as most people did wonder.He started by saying that we shouldn't make the same mistake he and our parents made.. Lack of information and opportunities contributed heavily to the mistake they made. Let me share his experience with you.

It's Better Late than Never

He started by saying the words of my subheading. Why not other investments? He started by saying, "When I was a young boy, my parents barely knew ways to attain financial independence. Even though they knew, they stuck to the hard phases of life and didn't want him to be exposed to convenient ways of becoming financially independent. They told him that he was not of age and that he needs to go to school and study for 4 years before having a job.

His parents had this mindset that it's only through school that one can gain financial independence and that gaining such at a young age would make one a stray or arrogant person, as he won't be able to manage such an inflow of money. He'll definitely change. So he was restrained from doing certain things, saying he's not of age and that when the time is right, he'll become stable.

Does time wait for any man? Is there a particular age one can start making money? I always ask this question because even in this 21st century, parents prevent their children from making money for themselves from fifteen sources. They imbibe the mentality of white-collar jobs after school, which has made most young adults today struggling adults or parasites.

My parents were afraid that I would be corrupted if I learnt how to make money at an early age. They thought I'd change for the worse; that's why they withheld certain things from me. 'I grew up with the mindset that after school, I can start earning a living for myself, and I was 25 years old when I finished school,' said the man.

I started struggling with petty jobs, as those white-collar jobs I was promised to get after school weren't feasible. I started working under people and was paid 10k monthly. My parents told me that I've become an adult and shouldn't live under their roof. I struggled all the years of my life with no achievement. When after I married, I was still struggling to feed my family.

I discouraged my children from giving listening ears to information, as they may be corrupt as well, especially in this era of monkey business or yahoo cybercrime, so to speak. Young people do rituals just to get money. They defraud other people to get money. If my children are exposed, they may turn out to be like the rest of the world. I should disclose certain things from them.

They also grew up with my crude mentality. We were all struggling. My parents left nothing for me because they ended up with struggles. The possibility of gaining independence financially was slim. We just couldn't afford most of our needs easily. Providing school fees was a problem. One day, I sat down and thought of other legitimate ways people are earning money smartly other than just doing continuous hard work till death.

The internet exposed me to various opportunities online, and that's how I met crypto through an advert. I know crypto can't make you financially independent all of a sudden. With knowledge, you can buy money, so to speak. So I'm here, at old age, because I've refused to accept that mindset that it's only when one is of age that he can start making money. You need to start early?

Why? You'll have children you'll leave behind when you die. If my parents had started earning money earlier, they wouldn't have died without leaving properties for me to inherit. They wouldn't have given birth to me in poverty, struggling all the days of your life. It's sad that I'm knowing the truth late. My generation will not continue the struggling pattern. My children will get to know about digital skills at an early age, and I'll tell them to also tell their children not to wait until they are old before they seek financial independence.

His story touched me to an extent. This left me with questions...

• At what age should a person be exposed to making money both online and offline?

• Did our parents actually make mistakes not making money at an early age, or were they being protective?

• Is it wise to keep our children from the mentality of getting rich before 20? Will they grow wild if this is disclosed?

• Was information or technology the problem?

• Do physical or online jobs give one financial independence?

• If you eventually become a parent, which aspect of financial independence will you expose your children to? Online or offline?

• Does one really have to struggle to become successful? Are they legit ways of doing this?

• Do you blame your parents for not knowing what you know now?

The man's presence during the webinar rang questions in my mind. Parents, young adults, children, please, I'll need your answers. Will this old man attain financial stability at his age through crypto? What's your advice to him? Do you think he's taking the right step, or could this be his fastest way to death, as crypto trading plays with people's emotions and hearts? Let's talk. We need to voice out.