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We all have different occupations and work for different companies. We work hard and keep improving ourselves to show our company owner how good we are at our work and how efficient we can be in growing the company. But all we are doing is helping grow someone else's companies. All our talent and struggle is to help someone else earn more money. What are we doing for ourselves? At some point in our life, we must grow our own businesses for our own safety.

The title "Do your work" refers to growing your own business. We all have some skills in different sectors and we use all of our energy to work for a company and get a monthly salary. But we are not supposed to work for that company till death. so how will we bear our living expenses after retirement? Most people do not think about that.

You can say yes they do. They do monthly savings for their retirement plan.

But this is not savings or investment. Your fiat currencies lose value every year. So Your 30 years of saving will be the same in numbers but not in values.

So what can we do then? We have so little to grow a business.

Invest your saving in precious metals like gold and silver or digital assets like bitcoin, or it can in some potential stock or it can be in real estate. Invest your money where ever you want. Just do not keep it in a bank. The Bank interest rate is not higher than the inflation. You are losing money not gaining it. The point is to invest even if your saving is negligible.

Regular people who find the convenience in bank online apps are hard to convince to take thier money out of the banks. They may learn what BTC is and invest in it but still return to what they're used to. For those who didn't listen despite all the advice and warnings, lessons are easy to learn when they experience them, and using their bills to wipe thier asses is way cheaper than the price of one toilet paper roll.

In short you're just telling to people: inflation in fiat will make your fiat worthless, invest in precious metal or Bitcoin.

Well almost everyone already aware and know that, but they're just feel more comfortable to hold fiat in banks rather than precious metal or Bitcoin. This because they think precious metal and Bitcoin has a volatility that would make their investment value decrease. They're just scared, but we can't do anything since it's their choice. At least I'm the one who hold most of my money in Bitcoin rather than fiat and precious metal.

There are people that are only for employment and don't want to complicate themselves in managing their own business and assets. But I'm sure that they'll come to the point in their lives where they will realize that it's time for them to upskill and upgrade as they can't be employees forever. Like this pandemic has made, there are many jobs that are not pandemic proof and what if there's a worse scenario that comes that shall affect majority of the jobs.

Dude, what are you talking about?  I get your bottom-line message of investing in metals and/or bitcoin, but if you're in any way arguing that everyone should start their own business, that's untenable and is never going to happen.  I can't tell if you're fishing for merits with this thread or what, because your post is just a bunch of bloated, general stuff that's been written many times on this forum.

The world needs wage slaves, whether you like it or not, and most people are going to end up being one of them (though it's a harsh way of looking at having a job).  Just keep in mind that there's much more to life than work and money. 

This post is not for merit fishing. I just expressed what I feel for myself. I valued your opinion and criticism. We have different points of view and lack of knowledge so there is always something to learn from a veteran like you. I am still learning.

I agree upon "the world needs wage slaves" but there is no shame in trying to get out of the rat race. The word business in OP refers to investment also not only for a traditional business like being a company owner. A few months ago I read the book 'Rich dad poor dad". I saw myself in that book. I can see why I am from a middle-class family and my father has never been able to get out of the rat race. Actually, he never tried to and most people do not.

I think sometimes we have to repeat some topic because of its importance. People forget these over time. So it was just a reminder for everyone to do their work.

Yes there will be people relying to get wage for the labour they do, they most work for it. It is natural to see because some are born with silver spoon in wealthy homes or royal family and others in middle income families. This continue as natural, and few move from middle class to upper class while some rich families who didn't manage the wealth very well can find themselves back to middle class or poor/lower class. This circle will continue that family move from wealthy to down and down to up.


Yes, fulfilment is part of what is much more than money. Some person doesn't have the strength to go over the stress of owing and running their own business. The people will be fulfilled working for others and this is natural, everyone can't own a business because some will be workers and some owners that will make up the society and make it balance. There is bourgeois and there is proletariat.

It's a good idea to invest your money instead of keeping it in a savings account, but the investing needs to be done in the right way to avoid losses. It sounds a bit like you promote any form of investment over saving at the bank. The main feature of parking your money in cash or moving it into bonds is that you can't lose money there. If you look at gold for example, it was the best asset in the past to protect us from inflation and hold it's value during a crisis. But this year gold lost 8% of it's value while we face inflation rates of 10% and are in an energy crisis. With stocks it's even more problematic, most of the stocks this year lost money, so holding cash would have been the better trade. For 2023 things could turn worth, there is no end in sight for the high inflation rates and in Europe we are going into recession. With this in mind we are probably not yet an the turning point for stocks and I would be very cautious which to buy. Real estate is another issue with the rising interest rates, it's a good idea to invest some money into it, but financing cost are going to rise even more next year which should lower the price of real estate eventually. Buying right now could still be expensive compared to next year. In my opinion the best would be to add in crypto currencies to avoid holding larger amounts of fiat cash.

I don't agree with your point, not everyone can build their own business, sometimes it's better for them to work with other people. But I agree, even everyone should be able to allocate their funds to investments, so that in the future the value of their assets can increase (or not).

Know that when we succeed in making the company we work for gets better development. then in fact we have succeeded in making developments within ourselves. We gain valuable knowledge, namely experience. but it is true that we have to think about how we can develop for a better future. and indeed we can not always work for other people.
But building your own business is not easy. and requires several types of capital such as capital money and capital experience. Now that we are working for other people, take this as an opportunity to raise money and experience capital.
and we must also prepare ourselves if at any time we leave the company where we have worked so far. The first preparation must be done since we are still working.

that is how we should be able to earn income from outside the current job and without leaving the current job. namely building a passive income. passive income can be built even while we work in other people's companies. like starting to invest. or even in installments to buy a land that we can later rent out and we get money from the tenant.

Building a business is not that easy and certainly requires really thorough preparation,
even if you have prepared everything well it doesn't mean that it guarantees our business success and things like that I think make people better at working with other people,
being able to allocate funds is certainly a basic skill for those who want to invest

If you are an employee, you will be paid wages. 

How will the employer determine the amount of this wage?  You must not change jobs, you must not starve to death, and you must be able to drive to the office. 

Also, the employer does not want you to go naked or in rags (he is not interested in you scaring clients with your appearance). 

The employer is not interested in you having the initial capital to open your business or invest (otherwise you will not work in his company as an employee).

I don't think "build your own business" and "invest in gold or Bitcoin" is related. You can always do the latter with your monthly paycheck from your lovely boss. I just want to address the first thing, about growing your business. It's extremely difficult compared to just doing a regular job and getting a monthly paycheck. Becoming an entrepreneur is like your life's calling, your passion since the stress is so high, especially if you are just started. It's not for everyone and there's nothing wrong to be a salaryman if you have a decent job. You should realize those successful entrepreneurs are (probably) 1% of the population, so that's why the 99% won't have the same level of income and should be grateful for what the universe provides.

Anyway, if you think you are special, you can always quit, create your own business, and compete to be the 1%. I used to think like the OP, but after I tried and realized how difficult it's to be the 1%, I understand why people don't mind working for someone else's business.

Business is like venture capital, it's not for the masses, it's not just a matter of accumulating a little money and having a little experience that you may think you can open a business of your own. I believe everyone wants to be their own boss, no one wants to work for someone else, but they know that being the boss is not easy.
There are so many ways to live a fulfilling life, you don't have to be a business owner to do it. We can combine work with investment, which is also a way to have a better future or a plan for old age.

Everybody can not be equal this is nature for us. For you to run a business of your own, you must work for someone first  either in learning the trade or the skill in which you want to acquire. So many businesses are failing these days because either they don't have the proper knowledge of the business and its risk management or they failed to have sufficient money to put into the business when it is facing difficulties.

Working is not about money if not you will not be satisfied with what you are been paid at the end of the month. So many employees salary are not even up to their work input but they are happy and faithful to the company. Working for someone or a company is helpful you will build up yourself in that area of work. If you are talking about investing in assets rather than keeping you fiat money in the bank I can accept this. Setting up a business is a very big challenge for some persons.
 

Most people make a lot of money working for others because they are not capable of building their businesses. Building and managing a business is not simple as it seems.

This has been the mentality that most people have nowadays. Once they make a little amount of money working for a company, then they feel it's easy to build and manage a business thereby failing drastically in most cases. And returning to work for the company again won't be possible. Building and managing a business is not for everyone.

The population of digital assets is growing every day, while Millennials and Generation Z have ideas about how these assets work as well as how to manage and keep them secure. It's hard for Baby Boomers and Generation X to comprehend how digital assets such as Bitcoin work.

So, they can only settle with the method they feel comfortable with and that includes keeping their funds in the bank. You can't expect old people to be keeping seed phrases, which they can forget in a minute. Also, they can easily fall to scam. This might gradually change in the future as civilization continues.

In principle, I agree with you, because considering the interest rates on savings offered by banks today, money saved in this way only loses its value over time. Investing in precious metals has always been a good option, especially when it comes to gold, which is still valued around the world, but for the common man, such a way of investing always represents a security risk because gold is something that bad people can always try to steal from us.

Bitcoin, on the other hand, is a relatively new way of investing and the majority is still very distrustful of it, and the volatility that accompanies it definitely does not help to assert itself as an alternative to gold.

On the other hand, although fiat loses its value due to inflation, in some countries it is still the first choice in which people keep their savings because they consider it a safe way, given that savings deposits in banks are insured by governments up to a certain amount (EU to 100k EUR). This tells us that people prefer the safety of their assets more than to protect themselves from inflation in some alternative way.

Building a business? It's not as easy as it is said because before you build a business, you must have a lot of capital and a plan to know what you want to achieve. And not a few people fail in developing a business but only people who never give up will succeed in getting success.

But I agree with what you say about investing in precious metals or even digital assets like bitcoin because we already know the potential that bitcoin will give us in the future. It may be difficult for those who don't know bitcoin to accept, but they will understand if they can learn to accept new things.

For many people, starting a business is a very difficult task, many are even afraid to change jobs, even if they don’t like the job, they are afraid to quit because they think they won’t be able to get a better job. The same can be said about investing, this activity is not for everyone, only a small percentage of people will do it and an even smaller percentage will do it successfully. Therefore, just saying go and invest is not enough, for most it will be very difficult and fear will not allow them to even try to do it.

In this case, what I can conclude is that we invest wherever we want as a provision for old age so that it is better than saving in a bank.
Actually, most of the people here also probably know for sure about this but on the other hand we also can't rule out banks and fiat for our lives especially at this time investing in digital currency is still not something that can be accepted in most areas and this it is still only an investment but cannot be used as a legal tender, so as long as this continues, of course fiat and banks are still very influential in daily life so we cannot rule it out to support our needs.

Everyone cannot possibly own a business and work for themselves. The idea of being your own boss and independent is in reality very achievable for some and a mirage for most.
And that’s why people take up second jobs or use their skills(another reason why skills are important) to earn and get another source of revenue.

We really can’t all be CEOs.

I see what you mean, it's better to fight for your own business or company than someone else's. Maybe everyone wants that but the fate of people is different and maybe if there is a desire to have a business we need capital and that capital is obtained from us working in other people's companies.
and I'm sure a lot of people work for other people and plan ahead to make a business, and if they are already rich why work for someone else and start a business right away. But it's not easy because business requires experience and finding a good way to do business and all need process in different ways until we can make it happen.
and that way we can invest some of the profits from the business for the future or old age, with the aim of the money invested being able to work or make a profit and my advice is real estate, gold and prioritize bitcoin a safe and good place for long-term investment choices.

Exactly, not everyone can manage a business. Some people are better off working for a company.

suggesting everyone fight for business or become entrepreneur is not a wise thing, I really can't imagine what it would be like if everyone became owner or CEO, I think the balance of society and ecosystem becomes unbalanced.
I suggest if you are a current employee or worker, work well and honestly in your job, even though you think "work well equals increasing the profits of the owner of the company" but at least your family's needs are met and the stove at home is still alive, and the money obtained from the results of your hard work, manage it well, do not use it for things that are not important. even if you want to use it to start a new business or invest, never think about wanting to get rich, because that mindset will influence your character to become a greedy and potentially self-destructive person.

Imagine if all people will create their own business and no one gets interested as an employee, then what do you think will happen?  It will be a complete chaos and possibly a country's economy will plummet.  There will be no policemen to maintain the peace, no firemen to extinguish fires, no soldiers, and no judges because all of us establish our own businesses. A country won't have a president because the suppose to be a candidate is busy doing and growing his own business.  A country will be in anarchy because it doesn't have any authority because all people are busy growing their business.

I believe balance is the best thing, there are people who have knacks for business, while others are good an employee.  so I guess the best approach is just to do where we think we are best.

There's no doubt about this and I strongly recommend this step to be taken, build your own business for yourself, enough of working for someone without anything to showcase, although i believe that we all have to work under someone in other to gain experience, earn some money to begin to start our own business idea into a reality, but i don't see it a good thing to work over years for someone without any dignity of labour as reward at the end, I've seen people getting sacked after working under someone for more than twenty years just because of a single mistake, but what lains me most is about what the employee had been doing all these years without working his own way out, even if it's a little savings from the earnings can serve a good option for a start up he could have worked on in growing his own enterprise, but we cannot actually achieve a future we do not admire, being successful start from the mind, then the steps follows, let's try to discover our potentials and work something out for ourselves to remain independent with career.

Starting and running a business is not an easy task. There are some persons that would never dare to take the risk of investing or establishing a business. If everybody becomes self-employed who would be the employees that would carryout the daily task of these businesses. People that have intention to start their businesses in future can work in a firm with the aim of understudying how such business operates. This can help them to start and operate their own businesses. Others that are not skillful in running their personal business should ensure they invest wisely, so that when they retire they can have some funds or income to fall back on. Yeah Bitcoin and real estate would be viable investments.

There would always be employment opportunities. It is true that the Covid-19 pandemic affected many jobs negatively, but it also brought new business opportunities that gave massive employment to job seekers.     

Indeed, most people think of setting up their own business, but fewer of us are able to do so. The main reason is capital. Money is the main source for running a business. Furthermore, the trust of certain parties who actually have more money.

We have little capital, then try to manage our own business, in the end we will give up on what we are doing, because it does not match our needs, the time we spend, with the income.

When we work for other people, and make their company great with the energy, thought, and time we spend. Thus, the company has helped our lives. At least we don't become beggars, and the wages we get are honorable. For me it is not a problem.

But we should not be dissolved with the wages we get. Set aside a small portion for promising investments, such as investing in Bitcoin, gold, even buying a piece of land. Because when we no longer work in other people's companies, of course the capital to open our own business is ready.

You just might be right onost of your insinuations but, you've got to strat from some whee don't you?
No one was birth with money, a few might be birth to a wealthy family and have some property to inherit while a whole others have to fine there every penny, build from the scratch.

For most of these persons, they might have dreams but most of there dreams have to begin from someone else's dream. Hence, for one who believes in his or her dreams, they've got to start with a good money management. It's how you get funds for your business and to ascertain yourself to have what it takes to manage a business or enough resources to employ a manager.

Business is good but management is everything. Its what makes the difference.

Easy to say on having a business for those individuals who do work on offices or typical physical jobs but we know that having a business isnt something giving out 100% guarantee of success which means that not all

would really be ending up good on this choices +(plus) not all does have the capital on doing so and also doesnt have the skills.This is why they do really end up on on staying and hardworking on the current company

that they are working on and dont mind about those having business or being completely free on having a boss.Lets just face that not all would really be having this kind of mindset and this is why
we do really see different conditions or situations on which a certain person is involved into.

People don't have experience to be CEO for example, the ability of public speaking, good charm to be actually a CEO, manage the employees etc. It's require practice and experience to be able to do that and people seems to be afraid of this considering if they do something wrong, it could affect the entire business because this job is really crucial and take an important in the business.

While there certainly is risk in business and investment. The biggest risk of all could be not making an effort to multiply assets of wealth. While fear of failure is a concern for many. Fear of not trying and missing out on becoming an early adopter of good opportunities, could be a more valid thing to be afraid of.

In terms of scenarios surrounding living wages and retirement. Its difficult to imagine a case where a person is able to retire without a plan to multiply their holdings. While business and investment are generally considered alternative options. Given statistics relating to retirement, they could in fact be necessities for retiring at all.

Correlation between risk and reward imply amassing the most risk is the best strategy for wealth accumulation. The only difference between Elon Musk and gambling addicts being one uses sound guidance and strategy in selecting the risks they choose to shoulder. While the other is more impulsive and emotional about their own risks.

but subconsciously when you work trying to help develop someone else's company, you also develop your talents from that company and you gain experience skills from your work.
so that after you get all these experiences and feel worthy to try to open your own business, I am sure you are able to develop your own business.
so you don't have to worry when you work in a company of course when you leave there you must have gained experience to develop all your business.
so you don't have to worry about facing your future in your own company in the future

actually when we work for a company, we don't have to be there too long. we are in the company, only need experience and hone our skills for provisions before opening our own business.
and on the other hand when working in that company, we are not only looking for experience and skills, but looking for money as initial capital to open our own business.

you are right everyone has skills and has many skills in various fields,
but why work in someone else's company, instead of opening your own business, the answer is simple, namely
"don't have capital" so with that in your heart, I work in this company just to find capital for my future business.

and don't feel like you're just advancing people's companies, without you realizing you're also advancing yourself, whatever it is,

- your abilities are growing
- increasing experience
- your mental is getting stronger

Don't feel like working in someone else's company is just a waste of time, but make it a learning tool and a place to hone your skills, so that when you start your own business, you will be more trained.

You don't have to worry about ideas or recommendations that recommend people start a business rather than an employee, as this has been around for a long time. But frankly, not everyone can do this. I've seen a lot of people quit their jobs to start a business, but after a few months everyone is back in their old jobs. It's easy to say but not easy to do.


Correct, being an employee is not necessarily bad, if you do your job well, you will still receive the rewards you deserve. Don't always think that we are just enriching others, that is the mindset that kills our future. If you later become a business owner and your employees think the same way you do. Your business won't survive either.

Well, you can always have a choice to specifically search for a certain topic and post what you think is relevant for the thread rather than creating a new one, coz some people might start another topic just exactly like this and this will completely result into a multiple thread that contains the same topic.

I think the ratio of people who have business to people who don't have was like 1:20. So, advice like putting up a business should not always gonna be the first thing you tell to the people, but invest instead.

Saying and doing, as well as wanting and having, are two different things. By your own example, OP, do you have your own business? If there is, we would be interested in how you decided to create it and how long you can manage it. I say this because everyone understands perfectly well that it is better to work for yourself and not for someone else's uncle. But only a few are able to step out of their comfort zone and take the risk of starting their own business. Exactly the same applies to investments. People want stability, but stability is a very short-lived thing since we all depend on a society that responds well to the ups and downs of the market. Running your own business requires the right preparation and ingenuity, and I'm not even afraid to say that luck is required.
In the absence of such qualities, one can very quickly descend from heaven to earth, and the initiative to work for oneself remains only in words.

It depends on where you are currently in your life. Maybe you are in the state where you will continue to work because it's safe and you love what you're doing, or you are in the state where you are bored to the death of your job and want something different. Something for yourself could propel you to the things you wish for or the success you want.

I agree that everyone should plan for their future retirement so that they wouldn't have a problem once they are there. I hope you are doing your job for yourself, but it shouldn't be something that would make you think selfishly because that's your job; you should fulfill the role for the company, and if not, just go out. It might not be helpful to the company you are working for.

The title op this thread should have been ==> "Do your own work" ..because that is what you are implying. The problem is... most employers have a protection clause in their employment contract with their employees to protect their business from people leaving and starting a competitive business with the knowledge and skills that they acquired at their previous employer. (usually a geographical restriction)

Everyone should have a backup plan and a balanced financial portfolio, where you have a mix between low / medium / high risk investments. Bitcoin is a high risk investment, because it is still experimental and you should consider investing smaller amounts in it, if you are middle aged or older..... but young people can risk more.  ;)

That is because building a business is not easy. It takes a good amount of capital, skill, patience and other quality traits and it's normal for people to advance think and get's discouraged easily. This is wrong but they should have the courage to at least try it and see if it works for them or not. It's normal to fail once, twice or thrice but they can try again until they finally master it. That's going to be the time that they will succeed.

Working from someone else can be easy and hard at the same time because you are being dictated and there are times your boss are angry with you. The salary is also small, makes it hard for them to invest or save up.

Everyone must be given another way to get more income but this depends on the desire to achieve it by working hard or just wanting to get everything without working hard. And if we don't work hard, it won't materialize and we can only get what we've got and no improvement. Maybe it will look difficult, but if we don't give up and keep doing it, one day, we will see what we have done can give many good results. And still believing that we can do it is something we must hold on to keep working hard.

That's one reality of life that not everyone can be a businessman. As of now, there are still a lot of opportunities for everybody but someday in the future, another reality that will start to sink in is there will be lesser opportunities because of automation, AIs and robotics that will be adopted by most companies. While we're not yet there and we still some good opportunities right now, there's a need to be wise in paths that we take and the money that we have and put it on profit generating assets.

If you are really interested about I am doing what I said or not then I will share it with you. I have already invested some money in various asset classes though it is not a big amount it's still big compared to my age. Also planned for starting my own company with my friends and we have a project that is directly related to production. I am still young at ages so I think it's not that bad what I have done already. It will take time and a lot of words to explain my business management so that could be another topic.



Agree with that but I believe that good luck is with those who tried to do something. Also making a business strategy before starting is important though some ignore it or give it less priority.

Yes basically everyone has a choice and in this case when we want to have more income of course we need to work harder and that is a choice,
when we just stay silent it will only waste precious time and that's really a pity,
If you want good results, it must be accompanied by effort too

Adding up to that, not everyone can be a business owner. In my freelancing, a lot of freelancers just quit doing it since it was not working out for them. I can even recall one of my connections in LinkedIn reaching out to me that he was happier at his 9 to 5 job than when he was trying to build his freelance career since he cannot even land a single client that he can offer his services to.

Not sure why some people do not admit it, but having a well-established business requires a lot of luck.

It's the same idea of why making everyone rich would be horrible.  :)

This is what I recently discovered unfortunately, all these years working and I couldn't get savings to serve me on retirement, I was working as an employee in a government company with a paltry salary, so after I started working on Crypto I quit my government job, I am now working my own business and doing By investing in cryptocurrencies and when I get good profits I buy and store gold, paper money loses its value every day so I keep my assets in the form of cryptocurrencies and gold because their value increases over time.

If you become an employee then it is a risk that we will live. If we don't step out of our comfort zone, we will forever be in that situation. But if we are not lazy then we will do something for our future.
Let's say we work 9 hours in the office, and 8 hours for us to rest, then we have 5 hours to start something for the future. Yes we can use those 5 hours to start a business, whatever it is. Especially now where something that makes money can be done at home through social media platforms, for example. Indeed it will not be easy to do, but if we don't try then we won't know what the result will be.
I have a friend who works, on the sidelines of his work he took the time to start his own business, namely opening a restaurant. Yes, at first he worked with his friends and took turns taking turns guarding, and now he has succeeded in expanding his business and he decided to stop working at his old place. And now he has several employees who help him, and it is mutually beneficial because some of his employees are his friends who he invites to work at his place.

That's very true and for that, we have to keep trying while we can because who knows, from the many efforts we make, we can earn more income so that it can help us to get out of trouble and we won't even have any problems later. We, humans, are also required to keep trying, whatever the conditions because that's the only way we try to survive. If we don't give up on the circumstances, we will get good results in the future.

Good for you then. But keep in mind we have different  circumstances or situations in our lives. Some people in my country have already a family at an early age which deprives them from making selfish and risky decisions. Reponsibility slows down an individual from unleashing his/her potential but that responsibility as well pushes him/her to continue whenever one is exhausted so it is not actually a real thing. I'm not saying that once you have a family, that's the end already. No. You will just be limited in resources in some instances, so if you really want to do something, you'd really invest more time to get it without disregarding your responsibilities.

And for those who has privilege and those who are still young, be mindful. Be mindful of your potential and maximize it as long as you have the time still, 'coz as you grow older opportunities would be smaller and harder to reach.

It really depends sometimes on how's the work life of the individual once they already had their family. Here in my country, there's a widely common term "job hopping" or "job diving" which a lot are doing to keep their careers going as they work out their responsibilities to their family. Life keeps moving forward and people sometimes still change career in their mid 50s which I found out from some users in Reddit when I was trying to know if learning software/web development is not worth it in this year.

For those who are privileged, well I cannot say how would they feel about their current life. There are some privileged individuals that are truly undeserving to what they have and they are even ungrateful for it.

This is what has always frightened me the most in my life. I won't have any money when I retire. An investment in an insurance company can still help you without a business. I know it will be insignificant, but it is better than nothing. It hit me hard that we are just working to improve the company and not looking at ourselves.
Regarding starting a business, people are terrified and lack the capital to invest. This is really the difficult part, and I admit this, so I invest a part of my salary into an insurance company to still get a pension when I retire. Still, if I ever have any extra money, I will invest it in a business.

Old generation and most of the generation now have been influenced by their parents, friends, or any influencers about savings in the bank is good. Banks steal our money, making huge profit out of it while we gain so little per year with our savings on them. Being an employee will never make you rich, and that's true unless you have a really great job that pays you well.

Investing it on Bitcoin rather than in bank is a good idea, but convincing someone that doesn't have any idea how cryptocurrency work is a tough job, not worth the time, in my opinion.

If everyone starts venturing into his or her work as you said, who will now work for each other for their work to grow? Every business needs one or two, more people for it to succeed. You can't succeed in a business alone without having a helping hand to support you. The society we live in has made us believe that working for someone is a good option for taking care of our daily needs but thank goodness that many are finding alternatives to save up their assets for bitcoin against old age

If you look at your words, it can be said that you are a supportive person to always work with other people's companies or work as employees. We must have an advanced mind, which means we also have the opportunity to be owners in our work. If our mindset is only enough to become employees, then I think it wastes our potential. In fact, we all have the potential to do more than just being an employee. Here we are invited to move forward, not just walking in place and not releasing the potential that is in us. It would be very unfortunate if we saw an opportunity that we should do instead miss it.

There is nothing wrong with not wanting to work hard, people just need to realize that they can't make a lot of money if they don't want to work hard but that is nothing big. I do not understand all these talks about very hard working people who made billions, maybe I do not want that?

Maybe all I want is to live a basic life, just sit at home, play pc games, watch netflix, eat some food and sleep every day, I am not after vacations in Miami and dinners at Paris type of life, no need for that. This means, we need "just enough" money to put aside, and then we can retire, and that is around 200k dollars for me, not a lot for many people in the world, if I had that, I could literally retire.

I am currently working but I already made some plans and I am just accumulating funds to start my own business.
I don't want to be an employee for the rest of my life I want to grow my own business.
I want to have more time for my family.

This is what im doing as of this moment on which im really saving up some money because i do really have plans on building up my business and would able to earn more which it could possibly give out that financial freedom or sustainability which this is what i do really wish for but of course these things wont really come on your way or would happen without doing hard work.
Of course you cant really be able to attain up things if you wont pursue and determine and wise on doing such steps but of course you should anticipate that it wont
really be that simple because there would be lots of challenges would be faced up along the way.

Actually, it's a simple thought that we can contemplate because life is how we can live a good life, survive, and meet all our basic needs. That's the most basic of all while getting to those billions is indeed very difficult and perhaps among many people, only a few can achieve it.

But it's normal for people to want to earn billions because they look up where people who have billions can buy whatever they want. But if people can look down and see that there are still many people struggling so hard to survive, we need to be more grateful because we don't have to be like them.

as well as me, who does not want to work as an employee continuously. for now what I'm learning is trading, from here I hope to trade for a living, after that of course I will try, make a real business from the trading results that I get, because if we only rely on one source of income then there is no support if we experience a disaster in life. the business we are in. on the other hand I have to think about investing to guarantee old age

Of course, most people work, those who do not work are those who already have passive income income, now is the power of money, who has capital, it is easier to develop, while there are still many people who are very lacking and even though they work but the results can only be eaten for daily .

almost everyone has a plan like that, but you have to see why many people fail in running their business. OK maybe you can achieve business success, but can you sustain it? I always see a lot of big companies or global businesses go bankrupt, like Nokia, Blackberry, and cable TV companies, those are examples of the brands of their time, so where are they now? just an analogy, let alone a small business that you may be running or still planning, global companies can experience destruction, what about your business or work later.
I'm not trying to scare you but I'm just reminding you like the saying "getting is easy but not everyone can survive" what I mean is, don't be too sure about what you plan or what you are doing now, maybe someday it will be a lot competitors in the world of work or business and you are disrupted, today's world is developing very rapidly, maybe you must have the ability to keep adapting to new business models and new technological advances in the future to maintain your business and work.

And what's more, most people are not lucky enough to find steady work, either in factories or as company employees. also do not have a monthly salary to save as a pension fund. That is the reality where the unemployment rate is higher than those who normally find work.

Not everyone can invest either in precious metals or the like. They don't even think about investing because they are more concerned with how to survive in the midst of a skyrocketing economy and increasingly unaffordable prices for goods. Talking about the reality that actually happens is the way we describe real environmental conditions, not an illustration.

In those, developing countries where people have minimum wages can not think about making their own businesses. These people face low nutrition problems because of not consuming enough healthy foods for their bodies. Developing a business seems daydream for those people. The unemployment rate in these countries is so high that a lot of youth attend illegal activities to earn money.

Therefore, nothing is truly ideal in generating finances at a time like this other than forcing oneself with work that is indeed forced to be done to support needs. An alarming phenomenon, but if not then rely on government funds which often do not reach the right hands and instead get more discounts than the amount that should be received. In this case, the community no longer cares what is illegal and legal, as long as they can fulfill their needs, they will do it.

I agree with the OP. Having some sort of investment is a good security for both the present and the future. Sometimes, one may be able to invest in a business alone, at this point he or she can go into partnership with 2 or 3 friends. I have seen it work. Aside investing in precious metals, bitcoin, another sector of the economy that yields good profit is investing in agriculture. You can always start small.

Yes,  those who have passive incomes are those that save for a time like this to come before they can invest on digital currency to have full confident of making a huge amount of money in the future.  Working to earn salary from the company and also be part of crypto investment is a good idea that will make you to increase higher in profits making in the community. I think, the price of Bitcoin is too low for those that worked some months ago to save for opportunity like this bearish market to come before they can buy Bitcoin and hold until the bullish market come before they can sell to make a good income.

If we always rely on active income then we will be difficult to survive, we must be smart by putting a lot of money for investment so that when we don't work then we can still get income for life, and cryptocurrencies are a good choice for investment.

With today's life, diversifying income sources is something that everyone should do. And with investing, you also need to diversify to ensure risk reduction as well as safety. In addition to bitcoin, investing in gold, stocks and more money than real estate is always the wisest choice.

So what is the message of the topic you created? Need to invest your money? In fact, most people here already know this well, even though this is not a specialized forum on finance and investment. I think most bitcointalk users will vote in favor of bitcoin than in favor of gold, securities or real estate. It is not yet known whether bitcoin will allow replacing pension savings (in most countries it is impossible to refuse pension contributions), because the asset is young and users own it for a relatively short time. But judging by the dynamics of growth, then the potential of bitcoin is certainly resounding and is able to bypass the profitability of any other assets, if, of course, this trend continues without strong changes.

And I have seen it ruin trust among friends and relatives.  Even cases of murder and fraud.  Things are easy to say than done.  There are lots of good ideas but without a proper process or knowledge, they all go wasted or result in a bad event.

 
I highly agree, instead of aiming for a partnership try to do solo ownership, it doesn't have to be grand.  From there whether the business rise or falls no one will blame you.  And no one will accuse you.

Most of us when we were young were taught to study well so we can find a good job opportunity when we grow up, which I think is really old-fashioned and not a good mindset that has to be changed over time. Unlike Chinese people, they teach their children to study hard so they can start a good business when they grow up. They teach their kids to be a businessman and not to become a slave who works 40 hours or more in a week for a wage. I agree that at some point you have to build your business and be your own boss, working shifts will not make you reach. I myself don't plan to work 8 hours a day till my retirement day, it's best to have passive income and retire than be exhausted working till you grow old.

What's wrong with that and what's old-fashioned? You need to remember that education is the only way to success today, without education you will not do anything.
Nowadays, it is possible to study without having to go to school, it is not necessary to study at prestigious schools, you can study anywhere.

If everyone became an entrepreneur and everyone had a business, then who will be employed by your business? Everyone wants to be the boss of the business, owning themselves, but not everyone has the ability to be the boss. Currently, China is still the country with the most abundant labor in the world and not as many entrepreneurs as you say.

Passive income and not having to do any work, I believe that is everyone's dream. But if life is that easy, I don't think you need to go to work every day or go to forum looking for signature campaigns.
Labor is glorious, to have a full life requires first education and then months of hard work.

It's time we have to think smart, work or active income is only sufficient for short term needs, if we have a sudden need or don't work anymore then we will go bankrupt, use the money for investment, can start with a small value, don't be tempted to shop or buy things unimportant things such as gadgets, vehicles and so on.

Though values will remain same but we do get hikes in the salaries every year which means we are fighting the inflation with that volume.

But I agree that, it’s not worth it. The earnings and time ratio in corporate world is at its worst and can not make us live high standard lives.

There will always be difference between business man and corporate employee. What one employee earns every year can be achieved by businessman in single work order!!

That is exactly my life. I am married and that means I can2t just quit my job and take a risk. Technically speaking I could, and I did, because I already had a good side-income from another freelance job and eventually the income from that grew enough to quit my job. But that shows that I waited until my side income became bigger than my salary, and didn't quite beforehand.

So, if you have responsibilities to other people, you wouldn't want to risk it, because risking it means you will be providing them with something terrible economically if you fail and anyone who is married wouldn't want their spouse to have a horrible life just because of their own ambitions.

Putting up a business is really difficult if you don't have capital. I got your point that, when it comes to business, you can earn more than a salary, but now the problem is, how can we earn a capital when your salary is just enough for you and your family to make a living? I want to start a business, a motor shop, but I am scared to take risks and I don't have the capital to get started.

You speak about doing monthly savings for a retirement plan, however you fail to grasp that most people put their money into pensions which are by extension investing in the stock market. You also seem to advocate putting money into "some potential stock" like many people who are unfamiliar with investing in stocks, where you are much better off buying into index funds which are the lowest risk and medium return sort of location, instead of gambling your money into high risk and bubble type companies. Gold and silver is also not a productive asset, as it does not return money to you every year like you might get out of a company in the form of dividends or reinvestment.

It is good advice, thank you. Investing in gold and silver is a good investment, but it is not as profitable as Bitcoin, but it is okay to put part of our money in both investments. Bank benefits are not feasible, so putting our money in banks is like freezing and saving money only, but if we do something like a project or business with this money without putting it and crediting it in a bank will be a good idea as you will be the manager of your project and your business and you will have the full percentage of profit without anyone sharing the money with you, Through the surplus money you need from these businesses, you can invest in cryptocurrencies and trade, where with time you can double your capital.

Gold, silver, and bitcoin have advantages and disadvantages. Bitcoin is riskier than those two as the price is very volatile. Gold and silver prices continue to rise yearly, but at a slower rate than bitcoin, which bitcoin takes only a few days to reach its ATH. The downside of bitcoin is that you can lose a lot of money if you are not cautious. It is simply a matter of deciding which risk to take, as both can result in a profit. If we do have enough funds, why not store gold and also buy bitcoin since they are both profitable

Recession in 2023 is what makes the investment you have are really important and could stabilize your wealth into different kind of assets such as gold, bitcoin and stocks. People have been recommending to put your assets into different commodities from youtube videos, also educate people that recession could be a nightmare for some of us. It's not too late, we have to make the investment and stop putting your money into banks.

Investing is always a great idea to increase our wealth. But you need to know that business is not always profitable. I believe people would rather double their money than put it in the bank, but they are aware that business is risky, not every investment is profitable.
Like cryptocurrency investing, business is not for everyone and those who tend to be risk-averse will choose to go to work and save money in the bank. It's really hard to give advice or explain to those people that it's better to understand investing than depositing money in a bank.

In a bear market, people understand that money is king. Most people already invested their money and many in a loss. But those very few people who hold their nerve till now to invest will make most of the gain in the next bull run. In a time of recession, some people suggest not spending your money and saving those in a bank so that it can be used when needed. But I think this is the time what makes the next multi-millionaire who can manage their funds well.

We can't deny the fact that there are still lots of people who can't deal with the risks of crypto investment so they stay on the traditional way of investing with banks. They prefer lower profits just to have an assurance that their funds are safe. Nowadays, if we want to maximize our gains and make money from our assets, we should be brave enough to take the risk and embrace the investment opportunities that crypto could offer. Relying on banks alone for profit will never be enough and won't make us money grow.

I know there is a category of people who do not want to take any kind of risk with their money. They just want to keep their money in a bank and take interest every month. Why people would take risk of losing money when they can get guaranteed rewards somewhere else? But what they are not seeing is they are losing the chance for potential rewards too.

Banks can double the money but inflation would eat those values. There is no point in keeping your money ideal in a vault and losing its buying power every year. CashFlow management can double your money faster than a bank.
We can't deny the fact that there are still lots of people who can't deal with the risks of crypto investment so they stay on the traditional way of investing with banks. They prefer lower profits just to have an assurance that their funds are safe. Nowadays, if we want to maximize our gains and make money from our assets, we should be brave enough to take the risk and embrace the investment opportunities that crypto could offer. Relying on banks alone for profit will never be enough and won't make us money grow.

Many people focus on finding work in the office, after graduating most people only focus on applying and working according to the fields that have been studied at school, of course this is natural, but from now we have to open our minds that if we only work then until old income will be difficult increase.

Simply because they do not want to step out of their comfort zone. My parents are also one of them, but I never blame them because I know that they have worked hard all their lives to earn, so they don't want to take any more risks, which is understandable. Everyone has an opinion, we should not impose our thoughts on others.

And in the case of my parents, their choice I don't see wrong. They have worked hard all their life and now is the time to enjoy and relax so there is no need to invest, with the money in the bank now, their life is not as hard as other people's.

People working at office jobs can still retire themselves when the time comes, right? It will guarantee them a monthly wage after they stop working because of advanced age or health issues. Companies have this burden with employees as far as I know, unless your country doesn't guarantee and doesn't impose any protection to workers by the local legislation.

Of course nobody should rely on retirement for a confortable life, because the wages are really low, but it's already something extra you will have till the end of your life.

If you constantly think about the natural disasters that are coming to this world, then nothing can be truly safe for you except the fear of losing all your assets. Gold can be stolen and lost if the owner is not able to take good care of it. And basically everyone just needs to take care of whatever assets they have properly so that they are not easily stolen or lost without having to think about natural disasters, because this world will also be destroyed when the Day of Judgment comes and every human being will also die when it comes to death, including you.

So what do you have to fear now if everything in this world will be destroyed in the end? It's better for you to just take care of your assets as well as possible to avoid some risks that can come at any time without you knowing it because it is not always related to natural disasters. And natural disasters are different disasters that generally everyone will experience loss, including your mother's gold thief.

Why is it so hard to increase? It's not that someone who has been working for a long time and saves half of his salary to open his own business will get better wins and income in his old age. If you say about other people who have to open their minds to get more income in their old age, then you also have to open your own mind to save a little money from the income you get so that you can also open your own business in your old age.

As of now, some business is having a hard time to back on track. But every time i watch videos in other social medias, small businesses is doing great. I was wondering if i start in that moment, will i become as successful as them? Doing my work as individual is really depend on what situation your in. Yes, business is one thing will help one person to be free from capitalism. But we can't guarantee its success. The risk is always there. But what other says, if we don't risk, we don't gain/loss. 

I am currently working, and it's been around 4 years since I graduated I worked in the same company, by working, of course, making us people who could maximize the potential, moreover my field of work at this time was a production planner so that it needed a lot of teamwork to be able to produce products that were quality and low cost.

Not all were able to get back on track. Too many businesses have been closed down for good coming from small enterprises to medium and to large businesses.
They can no longer recover and that's why if you're a business owner and you're still on track and recovering from the crisis that we've been through, you're doing great and appreciate your hard work.

We have our own taste of success and not everyone becomes successful overnight and that's why there's gotta be hard work that you must apply to it.
But as you start, don't be frustrated with failure because it's going to be part of anyone's goal to become successful.

Investing is not for everyone as well. There are actually a lot of people who can't tolerate this risk appetite, that even they knew that a certain investment could give him multiple profit in a long term perspective.
I knew a lot of people who chooses to put up a business than investing in either stocks, real estate, or cryptocurrency. We all know that the path to a successful business is very very hard, but that's their passion anyway - so they're gonna work triple effort compared to when he's still employed.
Nevertheless, Investing in crypto is one of the most profitable investment long term.

Building a business is also a form of investment but much more difficult than other forms of investment. Business is that we both invest with money and invest with people, although it will be more difficult, profits are generated more slowly, but it is the most sustainable model when combining both money and human investment.


I will only say bitcoin here because not all altcoins will be profitable. Bitcoin is very new compared to the rest of the investments and highly volatile so it is considered a risky investment and the future of Bitcoin relative to the rest of the investments is uncertain. Therefore, it should be further emphasized that bitcoin in the long run offers the best return but also the riskiest.

Since I graduated from school until now or about 7 years I have worked in 3 places, sometimes working is a boring thing because I have to be in the office about 8 hours, and I am preparing to go out of work and now start with the vegetable and agricultural business, I hope I hope 3 more years this can happen.

Right now I am not working, the last time I work for the official about 2 years ago, now I work anything to make ends meet, I serve private lessons and every day teaching for at least 3 hours, while the rest of the time I use to market property such as buying and selling houses, Rent a house and apartment and so on.

Most people are trying to get above the inflation by diversifying into different asset classes beyond bank deposits, which is why are all here in this forum.

Point is that starting a business needs a lot of groundwork be it small or big, not everyone can afford that right away, but takes time too. But investing is possible if people are diligent enough.

The fact that bank interest rate are dropping every year and that we are losing to inflation is known to many, but the way out if often not clear to them. For them government rules along the crypto road may have become a roadblock.

If we all want to be entrepreneurs then who will be employees? I think it's not wrong either with people working in other people's companies because employers also need that.
the most important thing is that we all have to be aware of our abilities and also plan our retirement carefully. today's workers are busy spending money to meet their expensive living expenses because of style, so planning finances wisely is an important thing that everyone should do.

I believe that the tendency of most individuals and the lack of current knowledge about societal evolution has prevented them from being proactive. Many people were brought up with the idea that the bank is the greatest location to put money, especially for security reasons even if it has no use.

However, it's also important to note that in recent years, online fraud in the nation has played a significant role in prompting people to be cautious with their money. However, our society is quickly moving past that system to modern Crypto(Bitcoin).

For worthwhile and lucrative savings, it is also smart to invest in gold, bitcoin, and other precious metals.

Mr. Pharmacist is telling the truth exactly. Not only the world needs wage slaves and most of us are going to end up being one of them, but also we, as huamn beings living only spans of decades on earth, have to enrich our precious life seriously. Work and money are necessities and our life is built on them but not for them. As we grow old, a healthy relationship with our family, friends or people around us in general, is much more important than we thought. Sparing a bit more time on our hobbies can be more interesting and rewarding than devoting the equivalent time to work. Not owning a business does not mean lack of financial safety. I have seen so many hard-working people from different generations end up well living a comfortable life after retirement. I believe most of them chose to live within their means and manage finances carefully. Besides, the work itself means more than money too. Even as we gain financial independence now, it's better for us to keep working to simply have a purpose in daily life, nothing attached to money. In summary, life is way much more than work and moeny and people who don't agree with just don't get there yet.

The problem we have is that many have engaged their entire life in doing others work neglecting the ability to make their own discovery for self independence, there's nothing as good as being selfly employed or having the two altogether as ling as the terms are favourable for a cope, doing your own work or creating one will also help about the future whereby you csn have self independence with your profession than working under the control of an employer.

really investing outside the bank is highly recommended, because interest rates are not too high and there will be lots of deductions from the bank itself,
invest with not too big a risk, I myself prefer to invest in precious metals and land,

in developing a business it is not easy if we do not have basic knowledge in doing business, knowing who our business opponents are and what business is right for us and the environment in which we open a business,

Conventionally no one will ever be rich from working for a boss. That's true, but there are some exceptions. For me, you don't need to really learn a new craft or subject yourself to learning a new business model to apply to yourself. Personally what would work better for you is to be more financially literate. You can start a business and end it immediately when sale doesn't match your expectations, that is because you aren't financially literate, you can work 9-5 on a livable wage with some leftover for savings and you'd expect something for when you retire. That's the gist of it. For me you need to really learn how money works and how you should spend it before jumping on money-making schemes because without proper knowledge and discipline you'd end up spending it all.

Some arent contented and some are just find on being an employee for the rest of their lives.There are people whom do really believe that they could really be able to assure themselves that they could

really be having that work forever without tending or minding on making their living a little bit more upgraded or in the sense that they wont really be rushing up on paying up bills.

Yes, its hard but its something really that worth for you to do so.If you are really that dedicated on making yourself able to improve then
its not really that bad on having that reconsideration on finding other sources.

Some money should be kept in a bank, just enough for your emergency savings.  Typically “experts” recommend something like “3 months pay”, but there are good financial calculators out there that easily help you calculate a strategy for how much to have on the “sidelines”. Also when you do, use an online savings account. Something like ally.com.   Currently they offer a 3% rate of return, which for the current interest rate climate, that’s pretty damn good.

Running your own business is difficult. Must learn the trade to gain skills and have sufficient experience to direct and manage. Of course, sufficient financial support is also necessary. Entrepreneurship is not a one-time successful profit, but also be prepared to bear the risk of loss.
Diversifying your income should be something everyone should think about. Combining work and investment, investment is a good guarantee for the future. Reduce risk and profit through diversification to provide financial security for life.

If you don't know how to invest, it's safer to put your money in the bank. Investing doesn't always make money. Understand investment projects before investing. Don't invest whatever you want. Many people also have investment or other side jobs in addition to normal work. It is good to do one's job well, but the important thing is that you can use other time to do other side jobs. Any industry needs time to understand. time is money.

If you don't know about investing, learn it, it's not as difficult as many people think. Investing means you can invest in stocks and forex...not necessarily just cryptocurrencies, we have many investments with less risk than cryptocurrencies that can still be profitable.

But if you really don't want to invest, instead of depositing all your money in the bank, I suggest you save your wealth in gold, it's better to keep your money in the bank. Because as you know, fiat currency depreciates over time, so keeping money in the bank for a long time will make you poorer.

Basically there are many ways and it all really depends on each person.
when talking about investment, don't just focus on crypto investment because actually there are many other than that,
gold investment is also a good choice and the risk is also not as big as crypto

That is a good suggestion. If recently lost so much of the money -  because of the investment - I got scammed. and it took me good 4 months to overcome the loss.
So I liked your ideas a lot - if you don't know how to invest its good to keep the money in bank.

There are many investment options; there are high-risk and low-risk ones, such as gold, but there are also people who are high-risk takers; they can invest no matter what they lose, such as bitcoin because it is a high-risk, high-reward investment, and there are people who invest in low-risk options, such as gold. The only difference between them is that those taking high risks could gain huge profits and will find a way to lessen the risk as they want to earn big, which is not bad as they will find a way to reduce the risk, which can lead to success. Choose low-risk investments unless you really want to settle down less. 

Maybe for me the most important investment is to buy land. A piece of land is far more valuable for the future than another. If we have a lot of money, it is not certain that we can buy land at a certain time. There will be many obstacles even though we have a lot of money to buy it. Number two in terms of investment is Bitcoin. We have already seen how Bitcoin has grown in a short period of time. For one Bitcoin it can penetrate the $ 68,789 mark in a period of approximately 12 years. Maybe the next stage is gold and others.

Both of you got your own point with the investment that you wanted to avail if you have lots/spare money, and it's true passive invetment like precious gold and real state properties are good investment if you can take it, the chance that the value will continue to grow is possible but if you can also take time in doing your good research crypto investment is also good especially if you will use bitcoin as your main channel, it will grow along the way, but the timing is important, plus the knowledge that you really need to gain from time to time.

How will you have experience if you are always afraid of not being able to manage and direct your business, you don't need big capital to experiment with your business, it's better to do business with small capital first to study the market and manage your business. Then after going well, maybe you should add business capital for expansion, don't rush to use large capital to start a business when you don't have enough experience to minimize losses, take a small portion of your salary to start a business, and don't experiment with stupidity.

Income diversification is indeed good for increasing income and guaranteeing life, but what I'm asking is which investment sector guarantees security and profits for life? Of course, this is almost impossible to happen in the course of the economy because there are so many disruptions in the business world.

The investment I want is an investment that can be very profitable. Yes, of the several investments that you suggest, they are on average good and can be very profitable if their market conditions are not so bad. Because Bitcoin, Gold, Silver, company shares, and some real estate are investment choices that are very much liked by the public, so it won't be wrong if everyone wants to choose one of the several options.

For those who don't have land for a place to live or for other things such as farming or for agricultural land, it's better to buy land first before buying anything else such as Bitcoin and Gold. Because land is also an important asset in life and is always valuable if it is located very close to cities. But I am making land investment my second option after Bitcoin investment for now.

Yes, that is why many people are doing everything within their power to ensure they invest on potential assets that will make them to celebrate in future when there is no power or strength to do other work that will make them to earn than to relax on their investment they have invested some years ago. Many investors and traders have taken a good advantage from this bearish season that is making new traders and new investors panicked because of the long dumping which is an opportunity for them to buy and hold for future purpose. I think, Many traders and investors has used this period well by saving a huge amount of capital on potential coins that will bring special income that will allow them to create their own business in future.

By working, we can issue the potential that exists in us, many experiences and new things that we get when working, for example is the experience of solving problems, working with teams and so on, by working then our day becomes productive so that it can make the future become better.

I agree with you that investing is the only real alternative we have at the moment. With inflation rates at 10% and not likely to fall next year it makes no sense at all to keep money at the bank. In my country the interest rates on bank deposits was 0% for the last 5 years, only now the rates are rising. But even if you get 0.5 - 1% interest on you money, you are losing 9% purchasing power each year. It even makes more sense to spend your money today an enjoy it for a nice vacation, or something else, instead of keeping it in the bank. Investing and trading crypto currencies would be my first choice to get rid of any excess money at the bank. Real estate I already have enough invested in, and I am afraid that property prices are going to fall soon because people will have trouble to get financing for their existing loans. Most of the real estate deals where calculated based on 2-3% borrowing cost, but now with the rising rates it will be much more expensive to refinance your mortgage loans. Also Gold and Silver doesn't really seem like a good investment at the moment. Gold made only 0.1% profit over the last 12 months, where you would expect so much more. My grandparents always said Gold is the best investment during a crisis, this doesn't seem to be true in 2022.

It depends on the nature of job in question. People work for different reasons, it could be to gather experience that will be enough to start up a personal business or to raise funds to venture into a dream carrier. Some jobs can be a good building block for something that will yield good rewards in the future.

If there are no days of humility where we have to work for people there might be no experience to run personal businesses and no means to source for funds to start up and once this two aren't meet it will be impossible to invest. Every great thing has a little beginning. But the sole aim of every hustle is to ensure we keep a structure that keeps money flowing even at old age which is can't be neglected.

Since pandemic I did not work, the company where I stopped operational and made all employees stopped, I worked as a marketing of the house but I was happy because I had a lot of time so I could do a lot of things like farming and looking for other business opportunities. Sometimes something that we think is bad but can be good if we always think positive.

Not all people are skilled to have their own business and most people receive their knowledge to not build their own business but to work in a company that's why its hard to ask them to start their own business. Those people who work in the company are better to start saving their money on an asset like a house, gold, etc.

Well, people have their own passion, we can't force them to have their own businesses and they have their own way to make a living. Also there won't be a businessman who has their own company if there's no worker who willing to work for him.

how can a human being live without working/being productive, all your expenses every day are not paid by the sky, you have to work to be able to meet the needs of your personal life and also your family.
I have also worked in a company and it is true that working in a company makes us able to work with other people as a team and train communication skills as well.


one positive thing that I see from you is that you are a hard worker, you understand your responsibilities as a human being, you can even see good opportunities even though you are at home.
take training or seminars about farming because it will benefit you. maybe when you become a farmer, your fortune will be wide open and you will become a successful farmer.

Get to know yourself. We cannot force that we have to really do business in the life we live because everyone has their own competence.
As you said, not everyone can do business, even though many say that sometimes doing business is better, but if we don't have the skills and competencies needed, then things won't go well.
indeed in this case we won't know if we don't try but in other cases we also have to recognize ourselves so we understand what qualifications we can do not just try casually only see other people succeed from there.

Get out of your comfort zone, do an analysis of a business that you can control, build the business slowly and have targets for its success, even though the business looks small but you are the sole owner. Working in any company will only guarantee a salary, but you will continue to be tied to their system, so that whenever you are a subordinate of the company where you work.

Everyone has the skills to make their dreams come true, but often we find these skills cannot be developed, due to various classic reasons that make people dare not get out of their comfort zone. Try to think about developing a business, see the opportunities we can take advantage of and never be afraid of the name failing, because the characteristics of successful people are never afraid of failure and most importantly remain consistent with the decision to build a business, because many people find it difficult to build consistency if never experienced failure before.

That is, you already understand where the pension should be used, so that the value of the fiat currency continues to run and does not lose its value in the future. If the expertise in building a business cannot be done, then try to learn about Bitcoin investment and I make sure that Bitcoin investment also has extraordinary risks, fluctuations and panic, if people do not try to learn technical things, even though many people have found a format that is right to invest in bitcoin.

My advice, before starting an investment, you should try to study and understand the four-year cycle, so that when a correction occurs, you don't panic and do something that is detrimental to the investments that we make.

Before starting a business, you need to understand in what area it will be, how good a specialist you are in this area, whether you like to do these things or not. If you try to do business only for money, then it will be doubly difficult, and the difficulties that will arise can make you give up much faster. You also need to understand that you will have to work harder, because you will have to solve a lot of issues yourself, this is not very easy, this activity is not for everyone.

Of course fighting for your own business is better, but I understand that not everyone is skilled at owning a business, but that doesn't mean they can't make their business. The consensus I did with people in an area when I asked you do you want to be a businessman or a worker? and almost all the people I asked answered that they wanted to become businessmen in their own passion.
Doing business is not about fate and fate. Doing business is about whether you want to start or not, whether you are brave or not and whether you are consistent or not. Most people are afraid before starting and give up on the way. Doing business is difficult but that doesn't mean every human being can't do it and pick up his success.
If you talk about skill/understanding it will slowly form within you, and you will understand all situations regarding your business when you remain consistent and move forward.

People who refuse to become entrepreneurs are people who are comfortable with their jobs and have been educated to be workers (life is in other people's hands) since entering school and usually they think when starting a business they must have a lot of capital and have a business office and or are afraid of failure.
Business doesn't mean you have to have a corporate office, and it doesn't mean you have to have many employees, but business is all activities that produce products or services to be sold and benefit others, that's what is called business.

The great thing about being an entrepreneur is
No matter how small your business, you are the boss.

Everyone is born without skills and some people are born into business families. Can both of them be inherited or do you think they have the same genes as their parents?
I often see people who have no skills when building a business, but these people don't limit themselves to keep learning, so their skills and abilities can grow over time.
On the other hand, people who are born in business families, not even all of their children have the skills to build a business.

Everyone who dares to take responsibility for the business they are running will definitely get perfect results, otherwise people who don't want to try will continue to give reasons not to want to start.

You are right in this, if everyone builds a business then no one wants to work as a subordinate in a certain company, we hear about this trait more often in areas that are lagging behind in terms of innovation. So it's easier to justify than trying to do something like building a small business to start with.

Finally, when this answer is given, people will be lazy to discuss how to develop a business and provide advice on the potential that this person has.

Amazing, that reference to the value to volume is really nice. Many peeps still talk about how the real estate prices have gone off the roof and if they would have bought a piece of land 15 years back then it would have been so cheap etc etc.
However they forget that before 15 years back the value of fiat was also high for someone earning an investing in that particular year itself. The salary that is given and the hikes that are given actually deceptive, they mean nothing because every year “everything” gets costlier in the same ratio. Funny but that’s how economy works.

Only leave a small amount of cash for emergencies and immediate expenses or spendings on your bank and the huge percentage should really be invested into other ventures.
Doesnt matter if its focused on stocks,forex or crypto.As long you do able to make money in longer runs then this is what mattering the most but there are ones who do really trust up fiat soo much.
If you do want to live a life which you dont really have any problems in towards finances and for your future plans and into your family then you should really be wise
on making up decisions like having an investment and this is the only way you could really free yourself from debt and other financial hardship.

As I said before, know yourself first.
Sometimes we always see it from a perspective where when other people are successful in a certain field we can also be successful there, but basically it's not like that, we have our own qualifications and sometimes we can't just keep referring to other people.
We live where everything is a choice, so get to know yourself first whether you can be in your choice, even though I really believe that as long as we want we can do that but we also have to be aware that things like this are sometimes not as easy as reversing palms so that there are times when you have to look into yourself whether you are capable or not, when you feel unable to do so, why always force what you cannot.

Yeah right, experienced is the key to success, each people have their own reasons to achieve their goals of having financial freedom, they might be working to gain experienced or to achieve a position that will put them in the right sides in building their dream goals, but like what you said, it's a journey that they all wanted to achieved.

We all wanted to have or to be successful and have a better life, something that we also wanted to provide with our children a next generation's fulfilment that we want them to enjoy.

Entrepreneurship and investment have certain risks. Working for your own business or company is a great idea, but it's not easy. Entrepreneurship must have a lot of financial support, not every venture can be successful, you must have patience and persevere.

We have entrepreneurs who set up their own company and then sell it to the highest bidder, following that with another startup and selling that too, so called serial entrepreneurs. Such people are often held as "gurus" but it is mostly due to their contacts and their ability to build relationships quickly with the proper people, mostly lenders and investment bankers who are willing to invest in them. Hence finances are obviously important but again such people are also having a huge saving to rely back on if they wish to.

Doing what you love to do should be the goal. That can be a job or a business, it does not matter, but your passion should be for that. Again every type of work has its pros and cons, the latter should not drag you down.

Everything we do, of course has a risk. Not only crypto investment, doing business also has a high risk. Many companies have gone bankrupt due to not being able to compete. Investing in crypto we don't think about who will be our competition, but rather to analyze price fluctuations.

However, if we open a business, we must first look at our surroundings, whether they sell the same products as us, if so, at what price they sell and at what price I can sell it so that buyers come to my place. This is the most basic problem when we want to do business.

I believe you are correct, but as a man seeking success, you have to work under someone before you have a way to survive sometimes . Although we can construct ourselves, it is a good idea to work for someone else. Furthermore, not everyone has the mindset to invest in other things such as bitcoin and other things because most people who work like civil servants and companies workers are already struggling and rely on their salary to pay their bills and other debts; additionally, investing is a risk for those who are not capable of doing so.

It's because there are only two types of people in this world:
1. People who takes advantage
2. People who likes to be taken advantage

So, of course, we cannot really force them if they only wanted to work because their mind isn't programmed to be unique and only follows where there's huge crowd. Besides, there's a reason why we're here in this forum learning and discussing some things while are busy following their boss because they are not the ones who are in total control.
And I agree that not all people are skilled to have their own business, but that doesn't also mean that they aren't skilled to have their own investment.

Well situation may not be the same for everyone’s lives so it would be hard to direct everyone into the grand plan like in the op. Sometimes we need to adjust life sometimes it’s so happening that we feel out of the world and in full control of ourselves.

The meaning of above pept talk is simple, you have to earn ton of money but you need to work for it and spend as your needs. For some, the earned money might be just enough to live a life that they will remember for some its opportunity to invest and invest more all the time!

It is really just a matter of risk taking and this is where  people do really lack up this kind of thing on which they dont really tend to try up because they are really that afraid when it comes to losing money.

Some do even even stick out on things which they do see that it is really that much safe and wouldnt really tend to touch up other things because they do really see that it was really that risky or not
that really worth for them to test on.

Yes, we dont know on things unless we do try but there are people who are really just that  to scared on testing up just because they do want to have
that on much safer side or loves to do the most simplest thing.

Good argument, even they don't own a business but the chance to have investment is possible, like what you said, there are situation where people tend to stay with day jobs and follow the flow on how their bosses wanted them to go, which very common once you are dealing in surviving life.

But, it's doesn't mean that you are limited, we do have equal opportunities, some might be luckier as they find an investment that can bring them to good financial freedom while some are trying hard to learn additional skills to find their spot in whatever investment or whatever other income source that they can generate.

Even if what you say is true, but on the other hand we also can't make it seem as if we have to be in business because we obviously have partners in life and of course for people who want to do business it's clear they also need workers right? this is one chain that cannot be separated.
We can't develop our own business if we become a businessman. On the other hand, workers also cannot if there is no boss who orders them. Everyone has their own share in this matter.

Well said OP, I could almost swear you knew me in person, because what you just posted is more or less a projection of my thought.  
When they say one should do his/her work or water his/her garden, it simply refers to what you have said and anyone who regards growth mostly as concerns value, is and will  be given special accolades for the contribution to humanity in respect to the excellence he/she has achieved in becoming successful at an endeavor which somehow contributes to society.

 People have different views and principles, so not everyone is open to cryptocurrency or bitcoin. And some people are destined to be employees until they grow old, because that may be what their family has taught them and brought them to life.

    There is nothing wrong with that, but if you are the kind of person who dreams in life and will do everything to achieve it, this is where the solution comes in to enter the business or investment industry because most of them have nice houses and land, beautiful cars is actually due to having a business or investment, so there is a saying that the rich get richer and the poor get poorer.

There's this common mistakes we often make atimes, we look at other's success a d think the same way that works for them will be applicable to ours as well, so we keep on wasting time on what is not, am not saying that we should not be a trail blazer but we must do our own work to make things work out, if we don't see or reason the the same way they do, let's do the work needed to be done now as a means of paying the price to what it takes to making it in life.

To recognize yourself is quite difficult, most of the lower middle class can only do their usual routine every day. I mean, work and work without thinking about the future or doing business to improve their standard of living to make it better. in fact, they are well aware that doing business is not as easy as we talk about. there are many factors that become obstacles, whether it's capital, ideas, or a lack of knowledge in the field of business and low education factors are one of the biggest obstacles to changing one's perspective.

So, as you guys said. not everyone is competent to do business even though in this technological era everything can be turned into a business. after all, everyone has their own fassion style. after all, we ourselves are not necessarily successful if we are in the business world. so, keeping with the theme of the title of this thread. do your job.

Having said that it is a common mistake, many people still think they can succeed if they follow the advice of billionaires or other successful people. They forget one thing that our starting point is not the same, our circumstances are not the same, so we cannot use the same formula for success. Too many people make the mistake of imitating others, while they never find the recipe for themselves, those people will never have success. 

Learning from the experiences of billionaires is not bad, although there is no guarantee that we can achieve success like them, but we must focus on trying as much as possible without giving up before reaching 80% of your work has been successful, it is better that we have our own formula for work according to our abilities, so keep going continue your work because everything takes time to achieve all the planned targets.

Precisely, we look at their success right away without focusing on how they do it. There are always different perceptions and anticipation the only good thing that I can tell is we can use their success as basis and following their footstep to find what is fit for us can really help in achieving our goals, never to think that you can easily have the same outcome with how successful investors/traders already achieve, they also start as beginner and they look for the right pattern to used to execute the strategy that fits them.

Doing your DYOR and allowing yourself to explore with how you will find the right guide and the right system to work with the way you wanted to achieve your goals.

In addition to what you said, most people sacrifice their passion for doing work in order to meet their daily and monthly obligations especially if you live in a thrd-world country. Here in the Philippines, majority of the people are working in order to at least meet their basic needs and provide for their family. To be honest, it somehow baffles me whenever I see people living in first-world countries doing what they really want while at least maintaining a standard of wage that can sustain themselves.

Not all people have the luxury to engage in business. Even if some might have the passion to do so, it is much more harder than it looks given the lack of opportunities that most face.

When we still work for others, our goals are only for earning money from the main salary, getting bonuses, and a good position in the workplace. In addition, if we are working in a good and popular place, we will also get acknowledgment from our family and other people. But, that's it will happen only if we are able to do our best job in every task that we can work well. But, every time we are making any mistake, we will be blamed, once more, we may also get threatened to be dismissed and replaced by new ones if we are unable to achieve expectations according to the target. That is what a job for others working.

This is also not as easy as we think, building our own business will face very bad issues, problems, and also obstacles, more than when we work as an employee. However, if we are s startup, this will have many obstacles to pass. However, that's true that whatever the condition, building a business for us will be meaningful if we really has the enthusiasm, consistency big efforts, and also other things to develop our business, including the money. Sometimes, people are still doing their jobs in their recent work while they are also building their own businesses outside. this will be a good idea, but also will spend more time and energy to do daily.

In brief, every job or business will have risks that will depend on what we are doing. So do invest in this crypto world especially in Bitcoin in order to get more income, this will also require risks. But, as long as we can manage the risks, in whatever the jobs, we can pass it well.

Some people don't want to take a risk and the sad truth is that they more invest in their retirement and stayed in the company until they will retire. Starting your own business is difficult and if you are still working to save for capital then it will take more time others get old but not investing in your retirement are you will feel that your future of getting old is not secure. What I mean is that it is a good idea that we have to set up our own business but sacrificing those retirement investments is risky as this would be your fallback option if your business will fail.

I'm not saying learning from their experiences is bad, but we shouldn't be too rigid or rely on it to think we'll become as rich as them. We are too different when compared to them in terms of circumstances and thinking, so even if we apply what they say, we will never succeed. Meanwhile why don't we experience and draw experience for ourselves.

Individual people have individual skill sets. But you can't always move on to do something on your own. Some people choose to work, and some people choose to create their own business. But depending on your investment and your plan and also your luck, you can grow in your business. Those people who don't have enough assets to create their own business, they will always work for other people. And those who earn little amount in order to survive their daily life expenses, they will never be able to stand a business on their own. There's a saying that, you only know the value of the light because the darkness exists.
So there will always be workers who will work for the businessman.
And the thing about investments. I am very lazy, and I don't think I will ever work so hard to make money. I don't feel like working for others and too lazy to listen to them. There's a small business that I own. But I am saving money from that to build my own house. That way I can rent that to others and earn constant money from that. And also I won't have to live on rent anymore.
If I can make enough money to build more, I will make more money that way by doing nothing. It's a lazy investment plan, but I think this is the best option for me.

Bitcoin - Price movements makes it risky.
Gold & Silver - It's just a rock that has value because people chose to.
Stock market - Risky and I don't have enough knowledge about it.

I do hold some Bitcoin. Which I can afford to lose. Other plans, not much likely to go there anytime.

In some part of the world like Nigeria, it's better you build your business than working for someone. Working for someone here is like enslaving oneself. They hardly pay good money and anyone that pays too will use all your time and leave you with no time for yourself. Although one may start his/her career working somewhere but it should be a stepping stone. One should try to save and build his own business as time goes on.

In fact, this condition is actually not only in the country, but indeed in other countries it will be like that. We must be aware that with the current conditions and when we work it is clear only to make ends meet now, especially where conditions are much more severe than before where increases in all aspects continue to occur.
As for the desire and desire to do business, actually anyone can still do this, but the problem is not everyone can do that. Trying is obviously a pretty good one, but before that, go back to the initial point by knowing yourself because this is indeed one of the supporting factors that is quite important actually.

Not just in your place, it is in all countries and people want to get into business it is just they still don't have the capital to start and they are having a hard time-saving money because their salary is just enough for their daily needs. The cycle should also need to be balanced if people want to get into business then that meaning of it there are no people that are working or operating those businesses? as well as if there is no business as they want to work an 8 - 5 pm job then there are no job opportunities.

Yes, a lot of things are needed in building a business, so it's not something that's easy,
in terms of capital, sometimes some people work around this by borrowing money from a bank or whatever it is, but of course it requires consideration so that you are not wrong in making that decision.

This is not a bad or good problem, but rather a person's ability to follow it and try to stay focused on the target that has been planned by himself. I see billionaires as an example only that they can be successful in their own way so that other people cannot take their references without making their own references in their life. Because some of these billionaires have indeed been born into well-off families and not all of them are simple so they can immediately have the capital to make themselves rich.

Seeing the way they (billionaires) do it won't be wrong because it can also be a guide in life even though not everyone is able to do it, because basically everyone is born in situations and conditions that are not the same in their family in this world so it doesn't have to be completely also see those who are already rich, but as long as we can reap the benefits of the efforts they have put in to become successful, then it would not be wrong to follow them as much as we can.

Exploitation of employees by employers is a bad practice that sadly occurs everywhere and not just in your country. Owners of business obviously want their start up to grow and succeed, hence would do anything in their power including making employees work more hours with the minimum pay.

Small business owners would have to scrape together every last penny they can to put back into the business. It is not an easy task to start up and run a successful business as the labor market, filled with already established businesses is not exactly a friendly place for startups.

I feel bad whenever I open a thread and all they do is speak so much ill of fiat and hoping it gets replaced by Bitcoin and it seems some persons just want to automatically impose the use of Bitcoin on the world if they have their way.
Well your advices are great @OP and people really need to learn how to diversify their assets and there is always a difference between savings and investment and rather than save, I always advice people to do more of investment though it is risky at times but it is always worth it at the most time.
The importance of investment really can't be over emphasized but you should also know that the risk involved in investment are so much especially when investing in digital assets and I always get to tell people that if you know, that one can't handle the emotional stress involved and associated with investing in digital assets one should rather invest in shares.

When determining how to create money and build wealth, explore all your choices. There are people who prefer working for others and those who prefer self-employment. The decision should be based on the person's talents, resources, and risk tolerance. It's vital to understand that starting a business isn't necessarily a definite road to financial success.

Educating oneself about your investment options and weighing their advantages and downsides is crucial. Due to its price volatility, Bitcoin may be a risky investment. Even if gold and silver are safer assets, the market decides their value. For novices, the stock market is risky. Consider your goals and risk tolerance while picking an investment strategy. Asset diversification is essential to avoid losing everything if something goes wrong.

It takes time and effort to realize a return on investment from a small business or the stock market. Monitoring your holdings and adapting to market changes takes time. Making money this way isn't lazy. Be prepared to invest time and work in this long-term plan.

If you don't learn how to make money work for you, you're going to die working for money all your life. That's the harsh reality we live in. We must know somewhere down the line that earning passive income apart from your employment or entrepreneurial profits is the way to go, especially as things stir down to a decline in the economy. Worse comes to worst, once the economic decline do happen you'd have enough greenbacks and savings to get by, if not, even better. It's even easier now to learn about these stuff, especially with the rampancy of internet and information within it. You can literally look for a book on how to gain financial freedom while frying an egg at the same time, so really, provided that you are living quite well, you have no excuse to not learn how to be financially smart.

Not everybody will have their own business. Not everybody will be an entrepreneur. Your goals and dreams are different from that of the next person and that's fine. So there's no point making people feel less ambitious of about themselves. There's is something called a "career" and many people would like to build theirs. People gather skills and experience over time and keep growing in whatever they do and in whatever company they work in. I have met an entrepreneur that's regrets starting a business because it got too complicated. So just do what what works for you. 

"What will we do if we are limited?"
The point here is to be limited in all aspects to develop a business, call it capital, or big influential people. I am very sure that the current owners of large companies are those who have the privilege and can eventually make them rise to the top. In the business world, privilege is very important especially for a large company, and that is the reality we have to face. Even though we have skills but we don't have privileges, maybe we will become extraordinary workers.

Having a business is a good one to have good income but it is not for everyone. People are have their own dreams and goals in life, they also have their own career path they want to take that they know can help them in the future. I think we should just embrace what we are doing and loving it, for it to become easy. Sometimes even its not easy as long as it is what they want they enjoy doing it. Remember to not compare yourself to what others people have because we have our own uniquiness in life and capabilities. Just keep working on your dreams until you reach it. Nevermind other peoples opinion especially if it cant help you on your path that you are taking right now.

Of course it works, I've been working for about 5 years since I graduated, judging from the income, of course, work only gets a standard salary, so a few days before receiving my salary, I usually run out of money and owe it to friends, I hope that after getting to know bitcoin, I can get big profits one day. the next day so they can start a business.

Not every one of us has the potential of running a business, I mean not everyone will be an employer of labor. It is good to have a retirement plan for whatsoever work you are into because you don't know the future. Not everybody like the idea of not being able to handle their money, this set of people won't see the need of investing in digital currency.

To make ends meet of course we have to work, I also work even though only with a small salary, besides working I also use the internet available at home and office to find side income, and in my opinion the presence of bounties in this forum can increase income even though with a high value small.

Another option is to start a side business or invest in entrepreneurship, which can provide potential for long-term financial growth and independence. This may require more effort and resources upfront, but can offer greater potential for financial success in the long term.

I think that, for anyone, everyone has a plan, construction, and direction for their future with financial freedom. Some people actively work hard to earn money and open a barracks, some accumulate savings to open a restaurant business, some save to invest... each person with different circumstances will have a different plans. I myself am working in the service business for a company specializing in telecommunications, I accumulate efforts, save for the plan to invest in bitcoin.

Either way, the big problem for each of us must be to earn money to further facilitate our plans by putting more effort into our work.

In doing work we certainly have different ways and the income we get is also not the same, but all of us want to make a savings for the future, so for me investing in crypto currencies is one way to be able to enjoy the results when we are old, and as you said fiat currencies today have lost value because many digital currencies continue to exist, Especially Bitcoin will be a big threat to fiat currencies, so we should not choose to invest now as our savings in the future.

Last year i was graduated untill now im still looking for a job. I know what i will do after get a job, investing and make a small bussines. Everyone have a same chance to get a better life. Dont waste time or money to something that useless.

For me the phrase "do your work" is depend on your niche, what are you currently doing in life? are you an video editor? graphic designer? trader? engineer? doctor? artist? manager? or anything else. if you focus on your niche, you can easily get the reward because the niche is the thing you like to do the most. For me my niche is trading and doing some art like animation and digital art. I focusing on it so I get rewarded because I do what I like. Do not focus on a work that not suitable with your emotions, habits and lifestyle.

Freedom is the most important thing that we have in this current world, it is really hard to do something that we do not like to do so for me better if our jobs is the work that we really want to take. If you are in the current job that is your dream wherein you are happy to what you do, this is where the step 2 should we follow. For me it is really good if we will save 20% of the dollar that we earn from our job. Then we will use the 20% of the dollar that we earn to invest not only in assets that can appreciate but also to our mind because specialized knowledge is so valuable that can give us an idea that can generate us millions of dollars.

By working, we get a lot of things and experience, I also feel that what I learn at school maybe only 10% is used, and 90% is from the experience of people who work long hours in offices, I work in the legal department of a property company, which of course requires good lobbying skills, and that I didn't get when I was at school.

Have that mindset that will improve your financial capabilities, once you manage to land a job make sure that you will priority your investment and not just to allow yourself to spend money with useless things, it's your decision making that will allow you to have a better life, if you have good overview of your potential plan with whatever investment you will take.

Do your work in making your plans and try to make sure that you will execute everything with a good judgement and conviction according to how you understand the business/industry that you are going to participate.

You are correct that practical experience gained through working can often be more valuable than what is taught in school. While formal education is essential for building a foundation of knowledge and skills, hands-on experience can provide valuable insights and expertise that cannot be acquired in a classroom setting. Your work in the legal department of a property company has likely given you a deep understanding of the importance of lobbying and negotiation skills, which will be valuable in your career. However, it is important to remember that education and experience complement each other, and finding a balance between the two can be crucial for success in your field.

Do not forget to invest in bitcoin. Many of the starters and fresh graduates that have been committing are to do the YOLO. They're having fun with their money and yes, there is nothing wrong with it because you've worked hard for it. But if you're going to look at the situation, that's just for a short term of fun and that fun is temporary. On the other side, if you worry about your future, you'll be forced to invest as soon as you receive your salary from your job from your very first job. Don't also forget to give back to your parents or people that have helped you, a simple treat of coffee is for sure will be appreciated by them as you start your venture in investing.

You are right mate, Business can not be for everyone.  The truth is that we all have careers , it is just important for everyone to take note to develop his or her career. Careers can be developed that money can be be made from it even if one gets retired. I agree with every individual to develop whatever we find ourselves doing in life, it doesn't mean business must be created to achieve success or to sustain business.  If one is not called to be in the business line of life , it can end up in regret.

One needs to make sure you're adding value to your life in what so ever sector you find yourself whether you are the employer of labor or the employed. Be the best version of yourself and make sure you have investments and savings for retirement purposes.

Business can be difficult and tedious for many, in which case it is not even worth trying to do it, because it must be fun, otherwise nothing good will come of it. But no one bothers you to create assets that will bring you passive income, at least it can come in handy when you are retired and out of work, but at the same time you can receive passive income from your assets.

Unfortunately, this is the sad truth. The majority of us will spend our lives working for someone else's business and following a specific lifestyle. Study, graduate from college or university, then proceed to find a job. This mindset is stemming from older generations, and unfortunately doesn't work anymore if you fancy more for your life.

However, it's necessary to work at someone else's business at some point. Studies are always great but hands-on experience is also important and only gained by working and slowly moving up the ladder. The latter is not always necessary, but it's how it usually happens.

It is true that being an employee may provide stability and security, but it may also limit one's potential for growth and financial independence. In today's fast-changing economy, it is crucial to continuously upskill and upgrade one's abilities to remain relevant and competitive in the job market.

A volatile market is what investors need to make money from the market. Of the market is too silent then the opportunity of making money from the market would be slim that is why some investors would prefer a market that is very volatile and moves well than the one that is sluggish and will make it hard for investors or traders to make money.

We make money from the market as a result of differences from the market so if the market do not move, we can have differences in price which can give us some amount of profits. Those who think investing in Bitcoin or precious metals is a waste of time would notice there ignorance when it might be too late.

Being one boss isn't easy. It requires some basic skills. I've o e hear one of my friend saying he can't pass through the stress involved in establishing one business.

If you do not accustom yourself to the good use of your own money, whether for investment or saving, you will find yourself spending your entire life for some money and increasing the wealth of others since you will be an employee or owner of a small craft. I advise you to try to use any skills you master to earn extra income and try not to resort to borrowing because you may get used to it as a permanent way to solve the crises you face and it is difficult for you to get out of them.
There is a basic principle in controlling an individual's finances called "diversification of sources of income". By adopting this principle, you will avoid many of the problems you are currently going through.

some people still insist on keeping their money in the bank. I know a guru who works and keeps his money in the bank. I suggested investing here but he refused because it was too risky, and also he didn't want to buy other commodities. He said he was saving his money to buy a house.
I don't think he understood what I was trying to convey.

Absolutely! Investing in assets such as gold, silver, bitcoin, stocks and real estate is a great way to grow your wealth. It is important to remember that banks tend to offer low interest rates, and the money can actually be losing value due to inflation. Additionally, it is important not to put all of your eggs in one basket. You should diversify your investments across different asset classes and sectors to maximize your returns.

Yes, that's right, in my environment there are still many people who insist on saving their money, both teachers and factory workers, always saving their money for things they want, such as buying a house, even though if they invest it in bitcoin within a maximum waiting period of 4 year in the bitcoin cycle, in forming ATH of course it was a fairly short time receiving a lot of profit and speeding up buying a house, unfortunately it's true that when I explained to people they thought the same thing as you said, but that was their initial reapone before there are those who actually reach their goal by investing in bitcoin from their work.

investing does sound better to grow our assets in the future. but saving is also quite good as long as we can maintain its value over time. and saving in fiat that is kept in a bank is very clearly at risk of making its value continue to fall due to the impact of inflation. and keeping it in gold might be better. because Gold is much more stable in maintaining its value. so gold is perfect for savings that can protect the value of our assets. but for investing I prefer to invest in property or buy a piece of land which is very clear that every year the price of land continues to increase quite well. especially if we buy land that has the potential to become an urban area someday. and only a small portion of our assets can we invest in assets that are high risk but have very high potential, such as in Bitcoin.

I think it's time for us to think smart, active work or income is only enough for short-term needs, if there is a sudden need or no longer working then we will experience bankruptcy, use the money to invest as much as possible, you can also start with small values, don't be tempted to shop or buy non-essential items such as sophisticated gadgets, luxury vehicles and so on that are not an urgent need.

important point mentioned! agreed
THe society where I live in is so fond of not minding their own business hence we have become the society where we like interfering in other business so much that we actually waste so much time and energy in useless stuff.

To make ends meet, of course I work, I have worked for almost 5 years since graduation, and I am happy because there are many things that I can get besides salary, of course, mentality, experience and the best way to make decisions, I hope to become an expert in 2 or 3 years thus making my career even better.

What do you mean by telling him to invest here? Is Bitcointalk an investment platform or you're referring to Bitcoin? Bitcointalk is a platform for discussing Bitcoin and other altcoins issues but not only limited to that but extend to other human aspect covering politics and society, gambling and trading discussions. It also allows people to mingle with their kinds by introducing local boards. Majority of us are mistaken bitcointalk.org to be Bitcoin itself. With this your message I quoted, you might mislead newbies. Let be guided.

You made it too easy when you say all must build a business. If you only knew that many of us here already did it right before you think of it. Not just one business but lots of them in different sectors/fields but I guess we aren't just lucky because all of it have failed. A hard work, capital and skill might not be enough but we must also need a luck in order to be successful on what we are venturing.

Not all have the ability to open up a business but what can these people try is investing as it's more reachable, thanks to the help of cryptos. I believe that many people are now involved with it and continue expanding their knowledge to reap its reward.

Investing in crypto is probably one of the best investments of this age, as the market cap is still considered low compared with other markets, but I want to refer to another advantage that crypto offers, which is the ability to make investments in other markets like the stock market in any country, because crypto facilitates the moving of capital between countries, so if you have crypto funds, you can use it to make different types of investments.


Of course, it's better to have a stable source of income that covers our real life needs, so that we don't need to touch or reduce our crypto investments. Real life business is important these days, but at the same time, it's hard to open new businesses now because of the financial situation the whole world suffers from. People have greatly reduced their expenses, thus businesses profits are reduced as well.

I have been thinking about investing in different places for several days. Because now I am living a luxurious life with the money I get from working.  If I don't have any income, the wealth will be useful for me. But I have no idea where I should invest it. So if anyone is good at this matter, please advise me. It will be good for me. 

The vast majority of people I've taken the time to teach crypto still believe in banks and do not worry about inflation or how their money is being controlled centrally by the government and they do not trust bitcoin even after giving them extensive coaching about what digital currency entails. Despite all the controversies surrounding it, they pay a deaf ear.

I don't know who need to hear this, whatever retirement plan you have will never be sufficient for you and your family if you don't venture into investing with it. There's this Singaporean friend who tendered a resignation letter at his company and started crypto on a full scale, now he's living the best part of his life.

Some businesses have difficulty getting back on track. I wonder if I started at that time, would I be as successful as they are? Doing my job as an individual depends very much on your situation. Yes, business is one thing that will help a person to be free from capitalism. But we can not guarantee its success. There are always risks.

I used to work in a company with very strict policies before but the salary is still not enough for me to sustain our needs. From then on, I trued hard to acquire different skills and switch to working at home set up where there wouldn't be anyone who will control every move that I would do. I was able to handle different clients and save at the same time.
It is very importantt to acquire as many skills as possible because that will be our key to grabbing better opportunities in the future. Staying in our comfort zone won't make us grow.

If foraging is a rule of existence in the animal world, then working is the truth of human life. In any situation, any condition, any era, poor or rich, all have jobs that they have to choose and have to do. Nobody wants life to come to a standstill? No one accepts their fate? Everyone wants financial freedom - everyone has to work and make money. In fact, there are some people who borrow to invest but they always have to be ready to have a job - do the job they are assigned to because that is how they generate income, earn money to cover the costs of their investments, their loans and living expenses for individuals or families.

Investing your savings is a great idea, but you have to be able to invest even when you have the money, because most of the time, the reason why some people are afraid of investing their savings is that they don't know the condition that they might find themselves, either financially or otherwise. I understand your point, but working under someone is not bad. For an individual to start up something meaningful doing, he or she must start out under someone to learn more skills and even show his talent.

Not everyone will run a personal business and I beg to disagree that you are only making someone else richer without increasing your own wealth. You can earn more as you work as well. Everyone has a part to play in the smooth running of a business (both the emploer and the employee). If everyone runs a business who then would we employ to work on our businesses.

To run your own business, first of all, you need to have a certain frame of mind. If a person is a doer, it will be very difficult for him to readjust. Not everyone can be a boss. Of course, it is possible to work on yourself psychologically, but to do this you must often overstep yourself.

you are right it is better to follow the flow or logically if someone is his job as an employee in the company then it is better for him to do the job as well as possible rather than racing at the level of desire to become a boss, because if he lacks experience and is also not supported financially strong then it will be in vain, an important point that must be considered carefully before making a decision.

Many people leave regular jobs to open their own businesses but in the end only some are successful because they have long experience and most others fail because they follow the desire to get rich quick.

there is a lot of pressure to be the boss even though it's our own business where we are required to set profit targets in the form of daily, weekly, monthly and yearly, not to mention we are required to be innovative in marketing the products we sell,
return to each other's comfortable situation which is between being a boss or an employee

Exactly! It's essential to think about our own financial future and not just rely on our job's salary. We should always look for ways to grow our wealth and secure our financial future, especially considering inflation and how the values of fiat currencies fall over time. Investing in assets like cryptocurrencies, stocks, precious metals, or real estate can indeed help us grow our wealth over time. But one should choose where they want to invest based on how much risk they are willing to take. Like if someone can't handle volatility of a market, they should better invest in Gold other than investing in Crypto currencies. But like you said, the key is to start investing, even if it's a small amount. It's better than keeping our savings in a bank, where the interest rates often don't keep up with inflation.

Yes. In this age and time that we live in, it will be too naive of anyone to not have at least a side hustle or a skill that can be turned into a side hustle when the need arises. At the beginning, do your 9 - 5 and keep doing it while you're building your business and personal brand. For example, do your 9-5 and return home and do 7 - 10 on your business or side hustle or just at improving your craft.

In fact, the goal shouldn't be to retire and live on your retirement savings, the goal should be to retire to your business that you have spent your time investing in.  This should be the goal, whether the goal is investing in learning Bitcoin trading, gold or other precious metals, real estate, agriculture whatever, that should be it.

indeed not everyone can be a boss but at least we must have the intention and desire for something we can raise our standard of living from employees to company owners. but it is also important at this time that we really have to focus on the work that we are currently doing. work hard and be consistent. and while planning and raising capital to then build our own business.

every day the wheel of life always turns and I believe every day there will always be new rich people born and vice versa there will always be people who fall poor every day. this cycle continues. and we also have to think that we cannot as long as we are in a position as an employee. one day we must be able to change our condition for the better. well all oranf would want the same thing. but the results will probably always vary. sometimes people who work hard don't always meet success. but at least if you have tried then there will be no regrets in the future.

We all have a goal to study and get a good job. That is, our main purpose is to get a job. When we work for a company, that company pays us a certain amount of work. But we have to understand here that the company would not have given us salary if our work was not profitable. That is, through the work we are doing in the company, the company is earning a good profit and part of that profit is being given to us as salary. But no matter how efficiently we perform at work, it is entirely for others. With our talent and labor we are working for others in return for a small salary. 
If we give that same amount of effort in our own employment then an employment like our own will be created and labor and talent will be useful to us. So you should work for yourself instead of working for others. So that you can give jobs to others under you.

although we as employees of course we have to do the job with pleasure, so that what we produce can be maximized, later if we have the intention to open a business then these good habits will carry over to our attitude. on the other hand, because we leave a good mark, of course it will have a positive impact on our efforts, even though what makes us successful are people we didn't expect beforehand, as long as we try, there will be a way that will come outside of our minds

Bruh, why the hell we gotta be slaves to the system?! Why can't we just say "fuck it" and start our own thing?! I'm tired of working for the man and barely making ends meet. We gotta rise up and overthrow the capitalist pigs who are keeping us down! We gotta start our own businesses, work for ourselves, and stick it to the man! And hey, even if we fail, at least we can say we tried, right? So let's grab life by the balls, take a risk, and start our own damn thing! Who's with me?!

More than a frame of mind is needed to run a business successfully. You need employees who are dedicated to seeing the business a success and if those employees also decide to be their own boss can you alone face the workload needed to keep the business in operation.

Working as an employee doesn't necessarily make one poor. There are wealthy people who works under an organisation as an employee even though they may not be super wealthy like Jeff Bezoz or Elon musk but they're doing very well for themselves.

You can't be poor by being an employee as long as you get paid what you're worth but you can certainly go poor if you failed at running a successful business. A failed business can't put food in your table but your paycheck can feed you at the end of the month.
Note: you need to be getting paid for what you're worth but otherwise you're free to say "fuck it"

I think everyone in their heart wants freedom and doesn't want to work in other people's hands. but for us to be able to create an independent business we must have proper preparation. I currently work as a subordinate and have a boss. but I also have a long term plan. i.e. it is impossible for me to continue to survive in my current state. I also think about freedom. and actually my preparation is almost done. My savings and investments are almost on target. I even have land that will be used as my first place of business. but I haven't decided to quit my job now because I still need to collect reserve money. because starting a business must be with layered capital. meaning that if our business capital actually requires $ 10000USD then we must have a reserve capital of $ 30000USD. because every business sometimes does not immediately meet success at the beginning. at the beginning sometimes we need an adaptation and relearn. that's where we need more capital.

In the opening of the topic you alluded to different jobs, it shows that people tastes are not the same. Likewise in terms of investing for old age or when someone retires, the results they collected when they were still active at work will be invested in different places. There are those who want to build a business near where they live, there are those who buy land and plant trees that can generate long-term income, real estate, gold and bitcoin. Very varied, the essence of their actions has the same goal.

Actually the purpose of your topic is very simple, but you make it as complicated as possible which makes it a little difficult for readers to understand the contents of the topic.

We really have our own preferences, but imagine you are under stress in your current job and it affects you and your family, but it turns out you will get a promotion as well as just surviving on a daily basis. Though I respect your preference, do you prefer to be under stress when only your company's performance is improving but your financial state isn't? Whats best in business is that your stress for your business means if you are able to solve it, you can be fruitful and gain profit. I just saw a quote today that said it is better to be tired than bored and broke.

That is right to grow our own business. Being a regular employee the salary is not sufficient for my financial needs. We do really need some extra income to be able to survive and it is hard to save extra money for investment. Having your own business is much better in being an employee, we need to work hard to be able to surpass the target income that we are aiming. When the business is already working really well, we could save up and we can invest it to a  profitable investments.

I agree with you OP, invest in Gold and digital asset like Bitcoin will really help someone to achieve his or her goals in the future because many people that took that risk some years ago in the community are doing well.  If you can use this opportunity to save more money from your working place, and wait for the price of Bitcoin to decrease before you can invest, I believe you will have every reason to be happy and to create more business that will be bringing you income weekly or monthly. I think, many users will definitely learn something from this topic that will help them not to save their money in the bank than to invest them on a potential projects that will increase their income.

Your words are very reasonable. Owners are becoming millionaires day by day by using workers.  Because Bitcoin is volatile, many feel more comfortable keeping fiat in the bank than Bitcoin.Even though bank interest rates are lower than inflation, they think it's safer to stay in the bank. But there's no saying that everyone will join Bitcoin.In today's world gold price is increasing day by day also there is no risk in gold.Maximum people are converting their money into gold.But I will choose to invest money instead of keeping money in savings account.

Having a business is certainly better but on the other hand growing a business to be big is not an easy matter,
we have to do a lot of things and it really takes time and energy,
other than that it doesn't mean that the business guarantee will be successful so indeed all of that has risks and the important thing is we need to have knowledge and skills.

Most of the people are the employees of the some Multi National Companies,Only the companies earning more from us.Because they use single employee for 3-4 projects per month,if you team had 6-7 people.All that 6-7 people will finish the 3-4 projects.So for a project the company may get 10-20k dollars as payments.For 3-4 projects,they will earn 60 dollars as the final payments.If the payments for your team will be maximum of 20k dollars.So the company get 40k dollars from your team for a period of one year.Nearly the 2/3 of the profit will be received by the owner of your company.From your team alone your owner earn 40k,if they run 120 projects.Just imagine their profits.Instead of working with company,start your own as an entrepreneur.

Yes, we cannot force what we think to be the same as what other people think, in matters of work we will always have different opinions. Being an employee is indeed more promising, I mean we have a definite income every month, it's not like we have our own business which sometimes can exceed the salary received by an employee every month, and sometimes we don't achieve that.
But for me starting my own business opens up bigger opportunities for us, we don't just get stuck with our daily work and don't have time freedom because that is a requirement from the company. I personally will get out of my comfort zone, on the one hand to make me more creative and on the other hand it will give me freedom in terms of time.

I think most young people growing up in this generation realized that working hard can get you things but you should be protecting them. In other words, its very very important to learn how global and local finance work so you can become rich. Working skills are never good enough. OP's suggestion about buying metals is obviously good but it shouldn't be limited to that. People should learn how Bitcoin, other altcoins (especially Ethereum) works, how stocks work etc to get ready for worse.

Those who already have a business, of course, want their business to grow rapidly and become bigger because that is also the way to better success. Even though it's not easy basically to develop a bigger business wing, that doesn't mean that everyone can't do it. Because the business owner certainly has seen how the market share he has to face with the level of knowledge and experience he already has before.

The risks are clearly there, but those who dare to face difficulties for the sake of the progress of a business are the best way they have to do so that their business can grow rapidly in this world, because they must not give up for any reason when they see the difficulties and challenges they have to face alone.

Many people like you said have retirement plans that they backed on, but most people acquire assets like cars and get land some people even go beyond and build houses apart from the one they lived in to save as a source of income for them later on. The open-minded investors are the ones that will now go beyond that to investing in gold or bitcoin.

Totally get it! It's frustrating to put all our effort into someone else's business. We need to think about our own future. Saving money alone isn't enough due to inflation. Consider investing in things like gold, silver, bitcoin, or real estate. Don't keep it all in the bank where it loses value. The point is, even if you have just a little, invest it wisely. And hey, exploring personal projects or starting your own business can also be a game-changer. Secure your own financial future and break free from the cycle!

That is true we do all have different occupation in different companies and we do really work hard for it. We cannot be dependent only to our current job because we do not know until when the company will be operational, and also we do not know until when the company wanted our services for their company. I agree with the we should grow our own personal business, making a business on our own could definitely help us secure our future especially we could save for our retirement. In the event that we are no longer working for our employers there is a business waiting for us, we just need to keep the business growing to be able to sustain our daily and future needs. And we should also diversify our extra money to other investments.

Since you have a positive thought, you have to think about that in the first place a person never has money. you must be penniless when you are with family in unemployment so you must first learn to earn money from other people's jobs. If you can increase your earnings later by working, it will give you a way to plan for the future. But you must put in positive thoughts you can never move forward with negative thoughts. If you have money you can build good companies and hire other people to work there. But you think if you don't have money then your plan will go away. So before success a person must be able to create a workplace of his own later with the money earned from the job. Moreover, a person can never improve his future without working in another company. Have to work and improve your knowledge skills so that you can earn well and create a job of your own in future. If you think all these positive thoughts, you will definitely be able to provide employment for yourself and others in the future, so first of all you have to establish yourself and choose the path of success.

I wish you success in this investment. It is very good to take the initiative to invest. But no matter where you invest, all investments involve some degree of risk. I will tell you that you should have a proper understanding of the investment you decide to invest in. Investment without ideas is never successful. But now people have become more interested in investing in bitcoin than gold. Because Bitcoin offers good returns in a short period of time

It must be admitted that until recently the appeal of Bitcoin was overwhelming,
even though it offers good returns in a short time doesn't mean it can be easily done,
because everything needs a process and needs to learn many things too.

I don't agree that everybody should have their own business. Not everyone will own a business. 
But I agree with everybody investing their savings in something. It doesn't have to be a huge sum of money,  but the idea of you having an investment somewhere will motivate you to invest more.  Even if a certain investment doesn't work out,  that doesn't mean you should stop investing and save. Investing is good.  I know people that invested in real estate while they were younger and now that they're old and retired they just rely on their investments for money. 
It might not make you a multi-millionaire but it will keep you on your feet when you are no longer able to work.

This is wrong expression. There's absolutely nothing wrong in working for someone and get paid. One can not just wake up and see money to establish his own company. By offering your service to someone does not mean you are helping them to earn more money unless you are doing your service free. Yes, your service may earn them more money as well as earning you money too which you can use to establish your own company someday.

The skills you have is the one earning you money while working for someone else and that's why not everyone is opportune to work everywhere. You may have the skills but not the resources and vice versa. The company owner pay you the resources you don't have while you offer in return the skills he doesn't have. Nobody is loosing.

Everything with a high probability will of course be accompanied by great risk too, I will not deny that many people are still afraid to buy Bitcoin and prefer to keep their fiat money but what you have to know is that it will not have any impact, meanwhile if we buy Bitcoin will be faced with two possibilities.
If we choose to trade Bitcoin then continue to study knowledge and focus and if we choose to invest then continue to work in the real world and make this investment an alternative, not just because investing will interfere with work, in my opinion it is very simple and the most important thing before doing something is of course based on learning and knowledge first.

It's frustrating to work so hard and see all our efforts go towards someone else's success. We should think about our own futures too. Putting them in precious metals like gold or silver, or even digital assets like bitcoin, can be a smart move. Keeping it in the bank won't do much because the interest rates are usually lower than inflation. So let's take control and invest, even if it's just a little bit. Our future selves will thank us for it!

This is always a thing since most of us, for sure improving our skills and experience to get qualified for a high-paying job is a good thing and it's the easiest way to earn a stable incoming if you don't really have money, it's the best thing to do to start. Your skills are surely going to be useful especially if you planning to start and grow your business, starting your business is going to be risky for some people, I mean we just don't have control over a lot of factors that could affect our business, most of the time we think that this business is going to click, but in the end, it just ends up going bankrupt because of some unfortunate things.

I mean investing and saving is always the thing if you really want financial freedom, this is you going to start. Aside from bitcoin and cryptocurrency invest there are always a lot of alternative investment where you could put your money into, the thing here is to put your money working not just sitting on the bank.

In short, what you do is a win-win solution if you know for yourself that you have skills that will benefit you and others will also benefit from your service because of the skills that you have. These behaviors are normal, it's the same nowadays, you should take advantage of every skill that you know will be useful to others and charge them for the service you will do.

Even if you go to this time, there are many people doing such services offered in truth. It just depends on how you market your service to your prospective clients.

We are working for the company in exchange for the money that the company is giving us. This is the common people's thinking but once you think about the amount of salary that the company is giving you, the company is taking income from you. If the company gives you a monthly salary of 300 dollars, then the company will take the work of 700 dollars from you, that is, we are helping other companies to earn a lot of profit for a little money. We cannot create our own employment without working in other companies. Yes you can say that to create your own employment you need money plus enough knowledge about that employment. Try to build a company yourself on the basis of what you are working for in the company you are working for salary and you will gradually give financial support and one time you will see that the company has gone to a big stage to put the effort behind this company. We all need to move forward thinking that instead of putting our mental and physical effort into someone else's company, that mental and physical effort should be put into a job of our own.

I quite agree because managing a business is not as easy as we imagine,
so I see not everyone has the capacity to manage a business,
investing is a good step but still saving is necessary because we never know what the future will be like.

We do not all live in the same conditions. Starting our own business is not that easy. Many people work in other people's business. Working in other people's business is not a bad thing. The message to be conveyed in this regard is that everyone should invest. The idea of starting your own business, which was mentioned while giving this message, was a bit of an exaggeration.

Everyone should invest in order to be comfortable when they retire. He should invest not only in retirement but in every moment of his life to reach his goals.

If we want to get change or progress in life, especially in finance, then we can't just depend on other people, there are several mindsets in everyone, and that mindset is what brings the most change in one's life. If basically we are just workers, it will be difficult to get progress, every month we only get the same salary from that job. because many of them already feel comfortable just because they get consistent income from work so that some of the opportunities that come will be easy to miss. In contrast to someone who has a happy mindset with challenges, even though for example they have received a monthly salary from their job they will not stay silent in that position, their mind continues to grow so they always try with various opportunities that come, whether successful or not it doesn't matter because by trying it at least they will get a new experience that they might be able to use in the future. As far as I know and after I did research on the success of a person's life in achieving financial freedom, the answer is by investing, many of them have been able to make a living, especially in terms of the economy, by making long-term investments. However, with limited knowledge, it turns out that many of them do not know about these opportunities, so they cannot take advantage of these opportunities.

Indeed, basically I hope that many of them know about the benefits of investing, especially long-term investments. Many conglomerates who spend their old age enjoying the results of their investments in their youth, this is evident and this is real. Time will continue to spin, someone who is able to maximize his achievements in studying will be superior to enjoying old age with financial freedom.

Your worry is a very natural thing, but if you have strong intentions and beliefs, everything that is impossible will become possible. The main key to business is in the mindset. Business Not learned but practiced. Practice while learning, don't study first then practice if the term is cool while swimming and drinking water. Everyone has a different mindset. Because mindset plays a very important role in achieving our goals, namely success. If we have experienced failure before, don't give up easily, because everything can still be tried again. Maybe this is what we have to plant in our minds before starting a business.

Being an employee there is no freedom, we must know that the most valuable asset is freedom. many of us have more than enough income but can't afford to have freedom. That's why it's important to have your own business, because when it comes to risks, all jobs have risks including investment. What we have to do before starting a business is how to avoid it or what strategy to do in order to minimize this risk

You really inspire me with your enthusiasm. It's like being pumped up for a big game by listening to an inspirational speech. But... let's put a hold on it for the time being. So what we're arguing is that there's no such thing as freedom in the workplace, and that the way to freedom lies in entrepreneurship. Yes, I can see the appeal in that. However, remember that not all cages are forged from metal. Some are composed of clients calling you at all hours of the night, or of worrying about how you're going to pay the bills when your business isn't doing well. Freedom is not merely the absence of a master, after all. It's about finding fulfilment in your work and striking a good work-life balance. So, by all means, follow your heart, but be sensible about it.

What you said seems very good and very motivating, but hey we also have to think about other conditions where creating your own job is not as easy as turning your palm.
We also have to be more reluctant in this case because doing our own business or creating jobs must be accompanied by discipline, money and the condition of ourselves whether we have the qualifications or not.
Although it will indeed be very good to create something like this, on the other hand, when we only have the desire without having any qualifications in creating jobs or our own business, it will actually only waste energy and resources in the end.
Maybe in this case there will be those who argue by talking about experience and failure that is also good but still, I think that self-qualification is important even though there is a lot of experience but when there is no competence in it, it will also seem useless.
When it does work even as you said about benefiting the company but it also has feedback for us by the way we are paid and of course in terms of salary the company also sees our competence whether it is worth giving a large salary or not because I think in this case it is not a matter of whether we work for ourselves or others but whether we are able to carry out the responsibilities we have whether it is as a worker for others or creating a business for ourselves.

Learning  is a never ending thing on which it would really be just that normal that you should really keep on progressing not only on  the sense of financial but also on the experience and skills that would

really be something that would make you even more efficient on whatever things that you are really doing specially on investment/business. A certain individual couldnt really be having that progress if he/she wont move or really just depending or really that relying on single source of income or on its day job. Failures and errors is common but dont make these things to be the main reason on why you would really be stopping on pursuing your dreams and targets in life. Dont stop and dont be tired on trying until you would be able to succeed. Anything on this life cant really be acquired so easily
specially on financial freedom.

You would really be needing to be having that sensible mind and of course that perseverance on doing things wisely because if you dont then for sure you wouldnt be able to achieve something.

"Making money is action, keeping money is a behavior and growing your money is knowledge." And you cannot make your grow your money as a employee in someone else company.

We all have different occupations some have their own business or some are working and helping the owner to grow their business in professional way. I want to tell something to those people, who don't have any skill yet. According to my experience I have learn one thing in my life, being skilled is most crucial. In my old company where I was working one of my female friend loss her job but Luckily somehow she became skill while working on same company like parkour tanning. When we both loss our job. As a result she start earning with her skill but I remain jobless with zero income.

And this is not being thought in small, but this is true, we can't be rich and have financial freedom if we are going to work thru the rest of our lives. Sooner or later we will have to put a business or become a entrepreneur and hopefully succeed one day.

Of course, we need some education or at least graduate with a college course. But then if we really love to pursue and have a good career, then a individual will have to have a ambition in life and for sure success will come later.

Financial freedom is the goal of the average person and yes it is not an easy thing to build, especially if you are born into an incapable or ordinary family, and only do work as the main source of income, of course it will never get to the point you want. want even if working all his life.

I think we don't have to be focused on the level of education, or college first to seek knowledge, you can easily access a lot of knowledge today both in the world of finance, work, creative industries and others, today it's easy if you only reason to gain knowledge from educational institutions.
We only need to practice our abilities or areas that we like and you become an expert in that field is better, than you have a lot of skills but only half.

I agree. As much as we want to teach them about Bitcoin for them to save more money during inflation, we can't force people to trust a system they are not familiar with for their hard earned money. They may understand what we are pointing at but to some of them being more comfortable with a system they are familiar with is more important than diving in to a new system where they are asked to risk the money they worked hard to gain.

Which means be careful of what philosophy you are submitting to. Do you want to live a life full of wealth or riches? Just a normal life? A beach provincial life? Simples form of life? You have to choose your own system and then do your best to educate yourself. It could be in terms of financial systems, real states, or business. Do things that will sustain the life that you want for yourself.

The thing is, you have to work for something you want for yourself. If you wan to beat inflation, then find a way to invest on something that appreciates its value in the long term basis. So that when the time comes, your initial investment on those assets will 2x, 10x, comparing it if you just save it on your bank account.

Doing business must be based on capabilities that are owned because without skills it will be difficult to develop.
except for getting a business inheritance from parents, then all that remains is to continue while learning so that it is easy to continue. it will be more difficult if you start a business from scratch based on your own abilities.
so I agree with you that doing business is not as easy as one might imagine, because there are many things that must be prepared as well as possible.
It is indeed more convenient to invest, especially in investments that will increase every year and I clearly agree that housing is the best step, but housing must also meet its own criteria, at least include facilities that are all available.
but maybe there are those who cannot make investments and saving is a step that is not wrong and very good as long as it is not used in the middle of the road for any needs.

In fact, most people still don't want to open themselves up to new technology or the development of digital assets. Even when they hear the word Bitcoin, it turns out that there are still some people who think negatively and don't want to listen further. They prefer to survive to hold the fiat. Even though they are aware that inflation has actually reduced the value of the fiat they hold. But still they don't seem to dare to touch anything new in their insights.

It's even surprising that I just realized in the environment where I work now that people don't seem to care about inflation and also about the decline in the value of fiat over time. Even when they are told, they seem to understand but still don't move on from keeping most of their assets in fiat savings at the bank. Do you also find the same thing about this in your environment?

Yes, I often encounter things like that and most of them seem indifferent to the dangers that arise when inflation occurs.

Most of them think that the important thing is they have a job and get paid so they can buy what they want without thinking about what to do in the future. so as long as they have a job then they will relax. However, I can only warn and invite them to prepare themselves for inflation and cannot force them to do so.

That's right, everything must be prepared from now on. The Direction of a Fun Retirement Without Panic and the Impact that often arises during retirement is as a result of a person's unpreparedness to face retirement. Such conditions are usually also followed by changes and physical setbacks. If I just choose BTC, My reasons are simple. The popularity of Bitcoin and other similar digital assets makes gold shine slowly fade and one more thing, market players are optimistic that the economy is on a recovery trajectory. Yes, BTC is the future of Big Money.

There's no people who become rich in just by working 8 hours under a company, but with the life, they have they become company slaves, other people can have an option but others don't have so at the end of the day they need to work for almost morning for overtime, in my country the Philippines we have a rate of 12 dollars per 8 hours imagine that we consume a lot with the minimum wage only, you will choose this unlike on your home only and do nothing in your house, but if you know how does the community, market, and economy work you can be an entrepreneur with your own business that's why people want to risk a business because even though there's a risk they know for the long term, hopefully we will become successful and one of the large caps earners.

People are growing other companies because they get salary for it and in other words they are working hard just to live a satisfied life through earning. It can be possible to save some amount of money in form of investment but the salaries of workers are not enough to save maximum amount.

Money can be saved for the purpose of prosperous future through developing of certain plan according to which money should be used. Gold and bitcoin are worthy type of investment and one can also bright his future through business which provide him benefit for future.

Those who work hard as a government employee have the opportunity of getting pension which is also very important because no one will give you such a huge collection of money without working at the age of 60 or more.

It is never possible to live a successful life if you don't work hard saving is the measure of the future. Saving is very useful for various needs such as comfort during retirement in old age children's education medical expenses in case of sudden illness, etc. So it is important for everyone to practice saving to meet the financial crisis in the future. You should save little by little from today without thinking about tomorrow. There is no harm in doing it in our daily life. Such unnecessary activities like unnecessary shopping traveling giving gifts or feeding unnecessarily should be avoided one's savings can increase significantly.

To gain financial freedom one needs to work very hard in his youth and should have skills which he could sell and gain money.

Not all people have money and rather most of the people live hand to mouth and they don't have the extra money to invest in things like Bitcoin etc.

In short, there is no one set of rules for every person to become wealthy. Everyone has different circumstances and therefore everyone's lifestyle of earning is different.

People like this don't care about the future, they just spend money from each month, even though if you think about it inflation will still exist even though the salary is fixed but other staples will increase so the money earned will continue to decrease even though the value remains the same.
That is if they believe in fiat savings because the risk will still be subject to inflation every year, for me it is enough to realize for ourselves because other people are difficult to organize even though they have been warned about inflation, so what should we do? Then never put money in fiat in the long run.

Interesting with the idea that you say, that we must develop a plan to prepare ourselves in various situations going forward. It is even more recommended if it is divided into futures, short, medium and long periods. An emphasis that this is what is most often underestimated by most people, but we should be grateful for now because we have access to various information that can be useful in the success of these various plans.

Whatever the form of investment, I think it is in the first place as a way to place money and make a profit. Personally I would choose gold and property as a form of investment at this time, because there is still a lot to learn about investing in Bitcoin or other cryptocurrencies.

IMO it depends on where you live and what environment you encounter in your daily life.
Indeed, there are still many people who seem ignorant when looking at the development of technology now but that happens because the environment is not supportive. I might give an example in the environment that I live in which until now there are still many people who still do not understand how to operate gadgets. But it can be realized because looking at the environment most of the difficulties in the economic factor so let alone about sophisticated technology such as knowing the metaverse or maybe even today their AI using gadgets is still very difficult.

I agree that when we cannot adapt to the technology that is very advanced now then we will be left behind. but on the other hand, for the older generation it will be very difficult so in this case we as the younger generation must be able to improve it even though maybe not all of us are good at it but at least being literate in renewable technology is definitely one way to make us better and more able to survive to support our lives.

To become financially independent, you must work hard, be determined, and use your skills. However, quality, not quantity, matters in the long term. Sadly, many folks can't afford Bitcoin. Stocks are not the only way to make money. Smart saving, debt reduction, and even simple lifestyle adjustments can help. You're right: there are many ways to make money. It's highly personal and relies on your situation and risk-taking. Focus, learn, and keep going are the best ways to create money.

Better to find ways to grow your savings, I mean, while you are keeping your money into fiat savings better to look for potential business or investment that may help you to earn passive income, with that kind of investment you'll be able to earn with the money that you are keeping instead of letting the bank to earn from your money it's best to use that money and let the money to work with you, just needed to be more extra careful when finding the fit way for you.

There's always an open opportunity for each and everyone just need to seek and study things in a careful manner to make sure that you won't fail and you won't waste your money.

I think we have to separate savings and investment. Why should so.?

Because investing is talking about the long term and we never know what will happen in the future because we can only plan, guess and be prepared, if only there is a sudden need and the money we save is only in the form of investment which in the end we inevitably have to withdraw the investment that is we do it even though the price is dropping because there is no other choice and it makes us lose money. And in my opinion, this savings is a solution if later we have a sudden need for it to be used without having to interfere with the investment we are making.

I agree to avoid saving money in fiat because it will only drain the savings we have. Maybe you can save it by making your own savings at home or in the form of gold that can be sold at any time. Even if there is a price reduction, I think gold will not drop too drastically.

become an average employee in average company in the country sometime only give us average purchasing power. people with same income compete with each other to buy goods or services that they need, people who have bigger income than them can buy higher quality goods or services. but it doesn't mean that we are allergic about become employee of company. Most of the time, we need money to build our own business . it will be better if we make sure that we can survive first.

love the work we are doing right now, even though we are just employees who may not be able to buy something we want, but at least every month we have a definite income. on the other hand we can build our own business and later that business can save us in old age, considering we work in a company, where we don't know how long it will last, bad things can happen anytime and when we have started to build a business then at least we will be able to survive and not be confused just to make ends meet

It takes big capital as the first step to build a business, for someone who has great talent but doesn't have the capital needs to help others to raise some money to start building his business. There are two positive sides to getting from helping others, experience and money. With this money and experience, you can run it as initial capital in building your own business.
Another advantage gained from developing other people's companies is that work relations are increasing, the more acquaintances in a business, the easier it will be to develop the company.

The point of survival first is very true for everyone who wants to have his own business as the ultimate dream in his life. Because without being able to survive, everyone will not be able to realize their dreams by having their own business, so obviously there is no need to be allergic to being an employee in a company with an average income. It is always better than those who do not have any income, while they still have dreams of creating their own business in life, so the important point in working is to survive while planning to start our own business when we are really right ready.

Work must be loved so that we have passion at work and don't easily feel bored at work. But it is also true as you said that someone who is still working in a company will also end when he is old so any results that can be obtained through the company must be managed properly if someone wants to open his own business while spending his old age more comfortably without the control of others through any orders. But the important point is also the same, namely trying to survive while creating their own business in life because everyone will not always depend on other people's companies.

Thats the point , let them experienced or learn what we are having . for example let them have a comparison for how much they are earning from depositing in bank than how much we are earning in holding.

lets say for 4 years terms , will they earn how much we can take if the bull run happens?

but sorry it is their losses not ours, if they don't wanna deal with it then let them be , and yes we must be proud of what we are having in this space.

You will have to discover that at some certain point in time, people tries to get distracted by what others are doing because they don't have the mindset to bear it anymore, which is part of what led so many of them in doing what is not it, minding ones business is very important because it helps have an adequate concentration in doing what is right and how it is expected to be done, but then you will discover others leaving what should be done undone and chasing after what does not concern them while wasting their time they would have invested on work.

Yes, there are many ways to be financially independent depending on the situation we face. For myself, although it still works for others. But the mindset must still think of working for yourself. Inflation is an example of changing our mindset. Previously, I always kept money in the bank. Then we can offset inflation by increasing income. Supply and demand is key. There are three ways to achieve financial freedom according to the efforts we do.
1. Work hard as a trader to become an entrepreneur.
2. Study hard all economics. read global economic passion, and become a trader or investor.
3. Someone who has skills.

Because for me being an investor is also gambling if you don't know the knowledge because being an investor is the same as being an entrepreneur, you have to know what to invest and you have to know what has the potential to happen in the future. companies in terms of their financial statements, as well as the impact of global political movements. If the information has been collected, then we will invest, if only playing filing is the same as rolling dice, even if you are in the investor category, everything has risks, even if it is bitcoin even if you are a farmer, even if you sometimes fail to harvest.

No one becoming a rich for being a employer, working 8 hours per day and have a boss to command everything you do for the company to have a better operation daily. It's only having an ends to met everyday just to survive in this world but we all know having a other sidelines just as investments will surely achieve to a goal in life not be an employer anymore. That's why having an opportunity in the crypto industry was already a good start and of course it will make everyone's come true.

Talking about investing in bitcoin and stocks or other assets, I think it's the next step if you already have an active income from your job, but it's true that indeed when someone who has a job doesn't know how important investment is to support them in their old age, the average person in my country mainly works hard and earns enough, but they don't take risks to invest, so their wealth is temporary and at the end of the employment contract they end up back in the position they were before work, which hinders the financial freedom aspired at the beginning before he worked, in the end he worked hard into old age.