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Economy => Economics => Topic started by: AVE5 on April 14, 2024, 10:32:57 AM



Title: Invest on your dependants if you too must grow further
Post by: AVE5 on April 14, 2024, 10:32:57 AM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.

If you're too proud of yourself, delightful and relaxed without being bothered on how to ease your responsibilities within your home when  you've the capacities to lucrate everyones minds by introducing them or encouraging them on how they can also breakthrough their financial reliances, you'd either end up struggling to have more values to your finances or your relentness engagement on always being the provider could picture you as one of a kind who have the potential to elevate others but chooses to let everyone settled beneath your foots which can actually inspire some negative thoughts on people envying your success.

Buttressing the whole fact, to help people of your responsibilities in staying financially reliable when you've the capacities would as much reduce the level of your expenses with the people in concerned and would enable you to flexibly focus on your personal issues hopefully in your projects of gaining more wealth and enlarging your incomes.

I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.


Title: Re: Invest on your dependants if you too must grow further
Post by: Churchillvv on April 14, 2024, 10:56:56 AM
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.

If you want to be successful then your people have to be successful, you have to take care of your family, friends etc that as so dear to you to the next level for you to go more high. In general we should always extend our hands to people who needs it as it will guarantee our success too.


Title: Re: Invest on your dependants if you too must grow further
Post by: peter0425 on April 14, 2024, 11:11:50 AM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.
I agree.

Many breadwinners also burn out through this method where they take on every and all responsibility and they just let the rest of their family slack off. It’s not only unhealthy to yourself but it is also incredibly unhelpful to other members of your family.

Quote
I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

We can say the same for asian families. especially those coming from third world nations.

asians have this culture of family being tied together and helping each other out at all times. It might have caused a problem or two over time.


Title: Re: Invest on your dependants if you too must grow further
Post by: Zaguru12 on April 14, 2024, 01:48:44 PM
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.


Let me add an old proverb that says do not give them fish rather teach them how to fish, so that your basket of fish can be much. One way to be financially stable in a family is atleast Almost everyone in the family earns a living themselves. This way you have all the money you earn to yourself or to carter for just few people which could be the old ones and younger ones who can’t work anymore.

A lone person earning will easily worn them down and some could get frustrated which most at times lead to family feuds. But every member of the family having something to do only reduces each other’s dependency and to me create more peace in the family as no one is tied to another financially


Title: Re: Invest on your dependants if you too must grow further
Post by: Egii Nna on April 14, 2024, 03:31:09 PM
I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

Mostly, it actually happens in African countries due to the high number of family members that will always be dependent on the breadwinner of the family. Even if the breadwinner tries to help them, they will use the opportunity in the wrong way, which will make him feel like they don't want to help themselves and will make him feel like living in poverty is the best solution for them. because some of them will try to outshine you who is trying to help them and make you the one that needs the help, not them any more because they will do what it takes to see your downfall. That is why, in some cases, even if you want to help someone, don't show everything, but show him a bit of what you are doing in order for him to get a bit that can sustain him.

For instance, I witnessed a scenario that happened some year ago where the younger brother of the families was the one that got the wealth through the exporting of raw materials, and he decided to introduce his elder brother to the business. In the process, he showed everything to the elder brother, and the elder brother went to the extent that he started envying his younger brother because of his success. So the elder brother puts some hard drugs in the younger brother's goods that will be exported, and in the process, they end up arresting the younger brother, but due to investigation, they find out that the elder brother was the one found guilty of the act. So this is not a story, but a lesson that you need to learn from, and have more knowledge of so that next time you will know how to help people.
 
 



Title: Re: Invest on your dependants if you too must grow further
Post by: Coyster on April 14, 2024, 03:44:57 PM
If you have financial knowledge/intelligence, you can try to teach people who are dear to you, suggest finance books to them and support them financially in the little way you can. But i don't think you should "invest" in them, if you take up too many responsibilities, you might run the risk of going broke yourself, i always advise people to live for themselves and help people only in a way that would not affect you financially.


Title: Re: Invest on your dependants if you too must grow further
Post by: kryptqnick on April 14, 2024, 04:10:39 PM
If we're talking about dependants meaning children, they need to be taken care of until they fully grow up, and if one can afford it, it's good to provide good education to children and try to help them roughly figure out their career paths. But dependants can also be people who are already too old to work or incapable due to other reasons, in which cases it might be impossible to help them become financially independent.
Having the mindset of helping others is great, but I also think it should extend beyond dependants and cover pretty much any people you can help a bit with job opportunities when they need those opportunities.


Title: Re: Invest on your dependants if you too must grow further
Post by: harapan on April 14, 2024, 05:33:17 PM
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.

If you want to be successful then your people have to be successful, you have to take care of your family, friends etc that as so dear to you to the next level for you to go more high. In general we should always extend our hands to people who needs it as it will guarantee our success too.
[/quote

Exactly mate,this quotes and contribution reminds me so much about someone.😊Let me also add another quote that I always use to encourage myself. The greatest achievement of a man is not who he is or how wealthy he has become,his biggest achievement is the person that he raised/lifted.This statement keeps me going and makes me want to do more for people,it always helps me to do and show more kindness no matter what happens.

It's essential to always show kindness to people whether financially and otherwise.You assist them with knowledgeable financial advice so that they can learn how to generate income for themselves which in turn reduces various billings and financial assistance/pressures from your shoulders entirely.In one way or the other,there's a lift;you lift someone from been Dependant to become independent,whereas
You lift yourself from or against uncountable responsibilities.
Its pretty much a good idea to support someone when you're opportune and  in position to help.


Title: Re: Invest on your dependants if you too must grow further
Post by: topbitcoin on April 14, 2024, 06:08:46 PM
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.


Let me add an old proverb that says do not give them fish rather teach them how to fish, so that your basket of fish can be much. One way to be financially stable in a family is atleast Almost everyone in the family earns a living themselves. This way you have all the money you earn to yourself or to carter for just few people which could be the old ones and younger ones who can’t work anymore.

A lone person earning will easily worn them down and some could get frustrated which most at times lead to family feuds. But every member of the family having something to do only reduces each other’s dependency and to me create more peace in the family as no one is tied to another financially

And when someone gets used to being given fish, they will come back to ask for the fish. Because they don't know how to catch fish. However, when we don't just give them fish but also teach them how to catch it, they will slowly leave their dependence on the person who gave it, because they can catch fish themselves.

In a family, not everyone has to earn a living, but each family member must be able to play a different role. Where a father and eldest son are in charge of earning a living, and a wife is in charge of taking care of the house, looking after the children and managing the family's needs and finances. and even if a wife wants to have additional income, in this modern era someone can make a profit just by staying at home, such as selling online or other things. In a family relationship, financial and economic problems are always quite crucial and sensitive issues, and even in the large number of divorce cases that occur, most of them are motivated by family financial and economic problems.


Title: Re: Invest on your dependants if you too must grow further
Post by: Juse14 on April 14, 2024, 08:40:29 PM
If we're talking about dependants meaning children, they need to be taken care of until they fully grow up, and if one can afford it, it's good to provide good education to children and try to help them roughly figure out their career paths. But dependants can also be people who are already too old to work or incapable due to other reasons, in which cases it might be impossible to help them become financially independent.
Having the mindset of helping others is great, but I also think it should extend beyond dependants and cover pretty much any people you can help a bit with job opportunities when they need those opportunities.

Ensuring quality education for children and supporting them to make informed choices about their career prospects is a way towards equipping them with the necessary skills they will need in the future. Dependents can also be individuals who cannot work because of their age or other constraints. While it is noble to assist others, it should not end with dependents only. It would be great if we create possibilities for all those in need, including giving job opportunities to people who require these services.

It is a belief that opens up our minds and hearts to offer support and care for whoever requires it without being limited by boundaries, therefore widening and deepening the impact that can be had on society.


Title: Re: Invest on your dependants if you too must grow further
Post by: Hyphen(-) on April 14, 2024, 09:33:16 PM
I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.
No matter the amount of money you are earning, if people around you are not earning any amount and they depend on you, then you just one step away from poverty because I don’t think you can be able to save some for rainy days. The best way to be financially stable is to have various streams of income and also look for opportunities for people around you that depend on you so that they can be taking care of themselves and you will have the chance to be financially stable.

For people working and depending only on salary, they are always not financially stable because the amount been paid is small and most of the money will be used to take care of their needs, which means there is no room for investment.

The best thing to do is to go into tech and learn skills that you can do and get paid, join it with your physical work payment to earn survula.


Title: Re: Invest on your dependants if you too must grow further
Post by: dothebeats on April 14, 2024, 10:01:09 PM
It's equally important to let those who depend on you know how to make their own financial moves as well. If they know how to make use of the money they have and make it work for them, it will ease the burden of your financial responsibilities to them in the long run. This way, they will learn how to be financially independent from you and not depend everything on you as the breadwinner since they are making their own money anyway.

People who only know how to provide material things but not provide knowledge are usually the ones who end up as exhausted in what they do. Since those who are depending on them only know how to receive but not work for themselves, they will end up depending on these providers for a long time which might eventually turn relationships sour.

A lot of avenues and resources are available nowadays to learn a skill or two. It's best to spark their interest in learning how to make money and teach them everything you can, and it's up to them if they'll do something about that knowledge or not.


Title: Re: Invest on your dependants if you too must grow further
Post by: STT on April 14, 2024, 11:49:07 PM
Invest in growth would the be easiest way to look at that idea.  Its true imo that humans especially are an investment in growth and if you can raise a family and invest in their fortune then its ideal for making the most of your fortune across your lifetime.

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until everyone around you is rich then your still poor.

Never heard that one but I recognize that would relate to the nature of capitalism that despite appearing sometimes as a negative that favors the rich we should find society benefits from free open honest trade done.   A product is most successful when its mass produced and available across an entire nation, this might not occur at first but take a decade or more but eventually everyone gains from the productivity correctly rewarded in a capitalist system.


Title: Re: Invest on your dependants if you too must grow further
Post by: wxa7115 on April 15, 2024, 12:56:40 AM
It's equally important to let those who depend on you know how to make their own financial moves as well. If they know how to make use of the money they have and make it work for them, it will ease the burden of your financial responsibilities to them in the long run. This way, they will learn how to be financially independent from you and not depend everything on you as the breadwinner since they are making their own money anyway.

People who only know how to provide material things but not provide knowledge are usually the ones who end up as exhausted in what they do. Since those who are depending on them only know how to receive but not work for themselves, they will end up depending on these providers for a long time which might eventually turn relationships sour.

A lot of avenues and resources are available nowadays to learn a skill or two. It's best to spark their interest in learning how to make money and teach them everything you can, and it's up to them if they'll do something about that knowledge or not.
I agree, over the years I have got to know a lot of parents which eventually complain about their kids not spreading their wings and learning how to earn a living on their own, but while those parents believe they gave everything to their kids by supplying them with whatever they wanted.

The truth is that they did not gave them some of the most important things parents can give to their kids, which is their guidance and advice about life in general, which is way more valuable, as those lessons are what allows a kid to mature and eventually find a way to sustain themselves and their own families.


Title: Re: Invest on your dependants if you too must grow further
Post by: jossiel on April 15, 2024, 08:18:44 AM
I like to watch a lot of videos about how lifestyle and people are doing in different nations. And one thing in common is that, regardless on which country you are right now, there's a struggle economically.

Lesser jobs, lesser opportunities and people struggling with the minimum wage that we all need to budget for our needs and expenses.

If there are people that are dependent on you and they're able to work, much better to encourage them start working their ass off so that they'll able to contribute to your personal economy and help less the expenses.


Title: Re: Invest on your dependants if you too must grow further
Post by: GigaBit on April 15, 2024, 09:33:11 AM
True freedom does not depend only on one's financial freedom. You yourself earn a lot of money, but if people around you do not get the opportunity to earn money, then somehow they can depend on you. You get a lot of money there but fail to retain that money. Moreover, a person can never fully support others financially. In order to improve one's own position, one must advance in the improvement of the people around him. Especially those who depend on it. Therefore, a person should help others to the maximum extent in various matters. If their educational system can change their position by focusing fully on income system etc. then a person can improve overall. A family may have many members where not all are earning but if they are given an opportunity to earn then they can certainly contribute well there. As one's expenses will decrease personally, they will gain financial independence.


Title: Re: Invest on your dependants if you too must grow further
Post by: AVE5 on April 15, 2024, 09:37:38 AM
If you have financial knowledge/intelligence, you can try to teach people who are dear to you, suggest finance books to them and support them financially in the little way you can. But i don't think you should "invest" in them, if you take up too many responsibilities, you might run the risk of going broke yourself, i always advise people to live for themselves and help people only in a way that would not affect you financially.

You're right and so much we're of the same lines yet. Just making it clear to you, investing on others maybe not really mean you must spend your physical funds on them but as much resources such as your dedicated ability to breed and educate their poor minds to be utilized and engages of potential activities that leads to gaining incomes is such an Investments too because even your own time is worth treasuring of values just as usually saying that time is money when utilized.




Title: Re: Invest on your dependants if you too must grow further
Post by: lovesmayfamilis on April 15, 2024, 09:45:57 AM

I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

Perhaps Africans have such a vision as a cold calculation about not being dependent on those people to whom they, in principle, owe. But in my country, there is a slightly softer definition of everything that the OP wrote.
The fact that parents should raise their children, teach them, and give them an education, the value of which children will understand when they become adults, is natural! This is normal, and this is correct. Telling children they are dependents? No. It was you who gave birth to them. And you owe it to them. And if children grow up to be slackers, it’s again your fault, not theirs.
Family involves relatives, and what kind of family relationships you have will be visible in the children you raise. The more successful they are, the more you realize that you gave them everything you had to give, namely love and the desire for a better life for them.


Title: Re: Invest on your dependants if you too must grow further
Post by: Marvell1 on April 15, 2024, 10:33:17 AM
If we're talking about dependants meaning children, they need to be taken care of until they fully grow up, and if one can afford it, it's good to provide good education to children and try to help them roughly figure out their career paths. But dependants can also be people who are already too old to work or incapable due to other reasons, in which cases it might be impossible to help them become financially independent.
Having the mindset of helping others is great, but I also think it should extend beyond dependants and cover pretty much any people you can help a bit with job opportunities when they need those opportunities.
I'm not from Africa so I don't know what the situation is like there, but I have the same question as you. If we are the person with the best health and knowledge in the family and the rest of the family are elderly parents and children, then we are the breadwinner and the one who bears all the responsibilities of family life, what's wrong with that? If we cannot take care of our elderly parents, or cannot raise our children adequately, it is our fault. That is our weakness and failure, don't try to blame them because we cannot succeed or go further in society.

As a man, even being filial to his parents and raising his children until they grow up cannot really be the biggest failure of a man's life. If we can't do even those simple things, then don't think about having a high position in society, and don't rush to blame others just because we failed.


Title: Re: Invest on your dependants if you too must grow further
Post by: mirakal on April 15, 2024, 10:35:39 AM
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.


Let me add an old proverb that says do not give them fish rather teach them how to fish, so that your basket of fish can be much. One way to be financially stable in a family is atleast Almost everyone in the family earns a living themselves. This way you have all the money you earn to yourself or to carter for just few people which could be the old ones and younger ones who can’t work anymore.

A lone person earning will easily worn them down and some could get frustrated which most at times lead to family feuds. But every member of the family having something to do only reduces each other’s dependency and to me create more peace in the family as no one is tied to another financially
Well, you’re right there. Don’t provide them with everything they need because they will only get lazy to provide on their own, but encourage them to find their own source of living as well so that they will be able to stand on their own feet when time comes that you’re no longer capable to provide them. If this will be taken positively by your members of the family, I guess no one will stay struggling for funds because each of them will definitely focus on their own hustle.

However, not every family member is open about it. The reason why it’s hard to get out from poverty because when one member is in progress and is starting to be financially stable, other members will definitely rely on him for survival, one thing which is a very common trait in my own country.


Title: Re: Invest on your dependants if you too must grow further
Post by: Gozie51 on April 15, 2024, 02:44:40 PM
If you have financial knowledge/intelligence, you can try to teach people who are dear to you, suggest finance books to them and support them financially in the little way you can. But i don't think you should "invest" in them, if you take up too many responsibilities, you might run the risk of going broke yourself, i always advise people to live for themselves and help people only in a way that would not affect you financially.

Rightly said but I think the investment in them is also to do those things that they can't have both the financial resources to do or the contacts they need to grow, that is investment. It is not to give out money for food or clothing but to help them become useful either by vocational training or education but to help and see that they are able to help themselves and grow in life. To me I believe human capital development is the best kind of investment someone can do because if for instance you need support yourself, those that you have helped would come to your aid. But however, it is not because of future support in return that you help people but you do that as you have capacity to help.


Title: Re: Invest on your dependants if you too must grow further
Post by: Casdinyard on April 15, 2024, 04:23:48 PM
It's too much work honestly, and by that point, you're already exhausted beyond repair. In the Philippines where this breadwinner culture is more prominent than any other place on the planet, you'd see young adults not even having the time for themselves nor the opportunity to start a family of their own because their parents and their families are so tethered to them for support and financial assistance, which is so disheartening. I'm almost stuck in the same cycle if not for the fact that my father finally saw the error in this kind of mindset and stood up for himself.

Breadwinners are good and all, but they shouldn't be a staple for ever family nor should they be expected to carry the dependents until they're able to support themselves like a mother bird tending upon her chicks. People got their own lives to live and if you're going to give birth to a child just so it could support you when you're unable to get your ass off to work anymore then you deserve a massive fuck you in the face, nobody deserves to be an insurance plan.

Not insinuating anything here, I get the idea of the post and for the most part, I stand behind it, especially since this is something that could work for people who are already subjected to this situation out of their own will, but for the most part, this is abusive, and nobody should experience being the breadwinner of the family.


Title: Re: Invest on your dependants if you too must grow further
Post by: Sorryfor on April 15, 2024, 05:05:04 PM
Yes, I totally agree with that. If only one person is fulfilling the financial needs of the family then it acts as a big challenge for him/her. On the contrary, if the people of the family are well educated or properly trained and provide them with financial support, employment is arranged in a good place, then due to the arrangement of earning money for everyone, the financial improvement of the family will be achieved gradually and at the end of the day, it will be possible to touch poverty and it will be reduced a thousand times. will go  I am clear that you have seen that in all the families that depend on one person for the money, those families cannot be prosperous easily, on the contrary, the family gradually suffers from poverty and at the end of the day they have to spend their days in extreme hardship. Trustworthy people who are trustworthy and at the same time likely to be hardworking and efficient should be helped if desired. Especially your family members.


Title: Re: Invest on your dependants if you too must grow further
Post by: Kelward on April 15, 2024, 05:34:01 PM
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.


Let me add an old proverb that says do not give them fish rather teach them how to fish, so that your basket of fish can be much. One way to be financially stable in a family is atleast Almost everyone in the family earns a living themselves. This way you have all the money you earn to yourself or to carter for just few people which could be the old ones and younger ones who can’t work anymore.

A lone person earning will easily worn them down and some could get frustrated which most at times lead to family feuds. But every member of the family having something to do only reduces each other’s dependency and to me create more peace in the family as no one is tied to another financially
When you empower people around you especially friends and most importantly your family members, then you'll have peace of mind to enjoy your wealth, like you said, teach or empower them on how to fish, and they'll be independent and not go hungry. It's easier to have enemies, envy and jealousy within the circle of family and friends when you're very rich and they're very poor, hatred will breed in the relationship and some evil minded ones can go as far as planning harm or death for you.


Money is very important but it's not everything, relationships can be more important because no man is an island, there can be a time of need when you'll want your loved ones around you, to show you love and support, if you're not nice or kind to them, they might not be beside you to support emotionally and physically


Title: Re: Invest on your dependants if you too must grow further
Post by: Dunamisx on April 15, 2024, 05:45:14 PM
I use to say this more often to people around me, that if you want to help a person in life, then learn to know and identify the strategic place of need in such persons life and fixed it, if you give them bread, they will soon eat it up and be hungry again, but when you make decision in alleviating them and helping them to start an investment that could be profitable for them to depend on for financial survival, they will always earn through such instead of coming back to you for more help.


Title: Re: Invest on your dependants if you too must grow further
Post by: alani123 on April 15, 2024, 05:54:22 PM
Treating your children well and providing them with the means to one day stand up in their own feet by helping with education,.schooling and skills is important. However I am kinda skeptical oh how much of these should be a responsibility of a parent. For instance, if education and university aren't free, how can we promote our society's growth as a whole? If I live well but my neighbor lives in squalor it contributes to my own long term demise as well. So maybe if we value our own children we should also promote quality widely available services such as education, healthcare and transportation to be accessible for all.


Title: Re: Invest on your dependants if you too must grow further
Post by: Adbitco on April 15, 2024, 06:31:53 PM
You can have all the chances to chose lifting people where they are to other point but sometimes you walk to success not success walk to you, in other words what do I mean? People are more concerned about what they want instantly than how to work to be self dependent, and I also believe that those who aren't ready for changes can never take the bold steps to make out ways for themselves. No matter how you tried hard you can never pleased everyone on what they wanted in life, so what next? filter out the one person who truly needs the assistance or help and placed a value on him because I understand whenever one person rises in the family he surely effects the next person be it financially and academically with this we turned out to be good people instead of having that whole time of want to pick up everyone.


Title: Re: Invest on your dependants if you too must grow further
Post by: Reatim on April 15, 2024, 06:48:19 PM
Treating your children well and providing them with the means to one day stand up in their own feet by helping with education,.schooling and skills is important. However I am kinda skeptical oh how much of these should be a responsibility of a parent. For instance, if education and university aren't free, how can we promote our society's growth as a whole? If I live well but my neighbor lives in squalor it contributes to my own long term demise as well. So maybe if we value our own children we should also promote quality widely available services such as education, healthcare and transportation to be accessible for all.

I agree of course that the government should have a play in here. As citizens, we can only do so much to provide the best service available but it is still going to depend in how much of these services are available to common people.

However I also think that if you already know that the government and you yourself would not be able to provide the best things to your children, why still have children?

You are only going to be making yourself and your children miserable


Title: Re: Invest on your dependants if you too must grow further
Post by: Fortify on April 15, 2024, 07:54:05 PM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.

If you're too proud of yourself, delightful and relaxed without being bothered on how to ease your responsibilities within your home when  you've the capacities to lucrate everyones minds by introducing them or encouraging them on how they can also breakthrough their financial reliances, you'd either end up struggling to have more values to your finances or your relentness engagement on always being the provider could picture you as one of a kind who have the potential to elevate others but chooses to let everyone settled beneath your foots which can actually inspire some negative thoughts on people envying your success.

Buttressing the whole fact, to help people of your responsibilities in staying financially reliable when you've the capacities would as much reduce the level of your expenses with the people in concerned and would enable you to flexibly focus on your personal issues hopefully in your projects of gaining more wealth and enlarging your incomes.

I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

This sounds like some AI written trash, but there is a small grain of value worth addressing within it. It's a very fine balance to be had - sometimes friends and family need a helping had, if you're in a position to give it to them you should give it a go as it could come back the other way at one point. You mention Africa but unfortunately many people on that continent are dragged into the world of work and will never get a rounded education that would make them much more useful in the jobs market. They take whatever opportunities come their way and grasp it, in turn helping their family survive. That continent has the full range of absolute poverty up until unimaginable riches that the leaders will bask in.


Title: Re: Invest on your dependants if you too must grow further
Post by: Jatiluhung on April 15, 2024, 08:00:15 PM
If we have been able to build our own finances very well and other people or people around us pay attention to it, then we ourselves can encourage other people to do the same. or we can motivate other people around us quite easily. Because people always tend to pay attention to and follow people who they consider to have achieved success. So the first thing I always emphasize to myself is that I must be successful first and then I will lead other people to follow me and achieve success together. because when we try to advise other people when we are not successful, believe me, many people will start to stay away from us or they will even start to say that we are just a dreamer. But if we advise other people when we are successful, they will immediately believe our words and follow our advice happily. That's a fact that I found and it is certainly something that most people experience too.


Title: Re: Invest on your dependants if you too must grow further
Post by: Stepstowealth on April 15, 2024, 09:47:03 PM
If we have been able to build our own finances very well and other people or people around us pay attention to it, then we ourselves can encourage other people to do the same. or we can motivate other people around us quite easily. Because people always tend to pay attention to and follow people who they consider to have achieved success. So the first thing I always emphasize to myself is that I must be successful first and then I will lead other people to follow me and achieve success together. because when we try to advise other people when we are not successful, believe me, many people will start to stay away from us or they will even start to say that we are just a dreamer. But if we advise other people when we are successful, they will immediately believe our words and follow our advice happily. That's a fact that I found and it is certainly something that most people experience too.
That's the way the world works now and while it is said that we rise by lifting others, it would be first demanded of us to be first successful before lending a helping hand to others.

One way I think we can invest in our dependants is if we take it upon ourselves to impact them with good financial knowledge and insight that when we introduce them to the real gig, it becomes very easy and like a hobby instead.


Title: Re: Invest on your dependants if you too must grow further
Post by: GeorgeJohn on April 15, 2024, 10:13:19 PM
That is why you don't need to a family function alone when you have not stand firmly, so for you to spend family you will have to strategize very well and the make sure that you put other people that would be dependant on you in a good position where there can be any weekly or monthly in order to support you to carry along with the family issues, so my advice to people is that when you have not stand well you should not carry a responsibility that will bring you down, the downfall of some people today is based on their ignorant so you have to stand well before you carry other people along.


Title: Re: Invest on your dependants if you too must grow further
Post by: el kaka22 on April 16, 2024, 03:50:42 AM
This all depends from nation to nation, maybe in Africa and some other poorer nations kids will need to start working and help the family as one as they are old enough to work, this could be very young according to some, and not so much for those nations. While there are some middle level nations where kids start to work and take care of just themselves after 18, like go to college, stay at dorm and pay for all of that, just not take too much money from parents, or maybe none.

The biggest ones would be European nations, most of the kids there get money either from parents, or even scholarship from the country and so forth, and not work until they finish college and start their career, because economy is much better there and this doesn't hurt anyone.


Title: Re: Invest on your dependants if you too must grow further
Post by: goaldigger on April 16, 2024, 05:20:28 AM
This is the cycle that many are still suffering, and the only way to get out of this cycle is to focus and start working on your own.

There's a lot of challenges when it comes to finances and seriously, working alone can't help that much and as a family, you should encourage them to work together as a team and achieve your common goal.

It's hard if you're the only working and the breadwinner, you can't stay longer to that situation or else you'll burn out and might regret a lot of things later on.


Title: Re: Invest on your dependants if you too must grow further
Post by: jrrsparkles on April 16, 2024, 07:01:48 AM
It really depend on who are those dependants, if it's your wife and kids then definitely you should work on how to improve their financial status to reach their independence by teaching the literacy that you have and also let them to explore on their own so that they can have different perspectives from what you have.

While if it's someone who can't do their day to day activities like fell sick then you have to increase your potential to ensure the security of your and their future.


Title: Re: Invest on your dependants if you too must grow further
Post by: iBaba on April 16, 2024, 09:11:51 AM
Buttressing the whole fact, to help people of your responsibilities in staying financially reliable when you've the capacities would as much reduce the level of your expenses with the people in concerned and would enable you to flexibly focus on your personal issues hopefully in your projects of gaining more wealth and enlarging your incomes.

I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

This is absolutely true. Most Africans are faced with the same issues mentioned here and this is why young entrepreneurs in Africa find it very difficult to sustain their businesses and investments without having to leave their environments or countries to another and even at that, it doesn't stop the taxing from friends and family but it at least reduces burden. This is why I enjoyed the Netflix movie watched yesterday which portrayed a business venture ecosystem that's called the Igbo Apprenticeship System shortened as the IAS which was established after the Civil War in Nigeria and was meant to bring about togetherness in growth in the business environment where successful business merchants amongst Igbo communities accommodate young folks as apprentice and allow them to serve a period of time after which they are given seed capitals and customers to start their own enterprises. This traditional practice within the business ecosystem helped the Igbos to rapidly build their trade markets and strategically depend on each other without becoming burdens to their masters. This is truly admirable and should be encouraged amongst other communities in Africa


Title: Re: Invest on your dependants if you too must grow further
Post by: junder on April 16, 2024, 06:20:09 PM
If we have been able to build our own finances very well and other people or people around us pay attention to it, then we ourselves can encourage other people to do the same. or we can motivate other people around us quite easily. Because people always tend to pay attention to and follow people who they consider to have achieved success. So the first thing I always emphasize to myself is that I must be successful first and then I will lead other people to follow me and achieve success together. because when we try to advise other people when we are not successful, believe me, many people will start to stay away from us or they will even start to say that we are just a dreamer. But if we advise other people when we are successful, they will immediately believe our words and follow our advice happily. That's a fact that I found and it is certainly something that most people experience too.

I myself have the desire to be able to bring my unemployed friends to work with me, where when I am successful with my finances being very stable, I will give them jobs, either by giving them capital to work or by having them work in the business that I own. have. I really want that to happen, because I myself want to be successful and there are other hopes after I am successful. or as you said by motivating other people to be successful in their lives, that is also a good thing.

I once saw a video that motivated me, with a beggar begging on the side of the road. The beggar did not move or do anything at all apart from sitting and hoping that other people would give him money, but when two men approached him, they didn't give him money, but they gave him a box of drinks and gave him a price tag and kept it right in front of the beggar. There I thought, we can't make money by just sitting around, of course we have to be able to have a business or enterprise to be able to make money.


Title: Re: Invest on your dependants if you too must grow further
Post by: Finestream on April 16, 2024, 09:48:30 PM
If you have financial knowledge/intelligence, you can try to teach people who are dear to you, suggest finance books to them and support them financially in the little way you can. But i don't think you should "invest" in them, if you take up too many responsibilities, you might run the risk of going broke yourself, i always advise people to live for themselves and help people only in a way that would not affect you financially.
However, not everyone is interested in the process to get there, like making yourself financially educated, and cutting cost several expenses, but everyone wants to be financially independent and successful. With this, don’t feed them everything but give them opportunities to improve their finances. It’s up to them how they will handle those and grab every opportunity that comes.


Title: Re: Invest on your dependants if you too must grow further
Post by: angrybirdy on April 17, 2024, 03:44:46 AM
If you have financial knowledge/intelligence, you can try to teach people who are dear to you, suggest finance books to them and support them financially in the little way you can. But i don't think you should "invest" in them, if you take up too many responsibilities, you might run the risk of going broke yourself, i always advise people to live for themselves and help people only in a way that would not affect you financially.

However, not everyone is interested in the process to get there, like making yourself financially educated, and cutting cost several expenses, but everyone wants to be financially independent and successful. With this, don’t feed them everything but give them opportunities to improve their finances. It’s up to them how they will handle those and grab every opportunity that comes.

same here, since I have experienced being in this situation, not all people are interested in learning how to become financially literate but it is better that we give them even a little idea and knowledge about that, it is up to them how they will apply it to themselves and how it will help them. Besides, it's also difficult to spoonfeed them because they won't learn on their own if we always give them everything, right, so the minimal advice and guidance from us is enough and let's just focus on ourselves.


Title: Re: Invest on your dependants if you too must grow further
Post by: boty on April 17, 2024, 04:46:28 AM
I use to say this more often to people around me, that if you want to help a person in life, then learn to know and identify the strategic place of need in such persons life and fixed it, if you give them bread, they will soon eat it up and be hungry again, but when you make decision in alleviating them and helping them to start an investment that could be profitable for them to depend on for financial survival, they will always earn through such instead of coming back to you for more help.
If we can help other people according to what they need, of course this will be very pleasant for those we help and also those of us who help them and we also really agree with what you said when we teach other people a skill that can provide them with income. on an ongoing basis, of course this would be very good compared to us just giving them food that can only fill their stomachs for a while, if we can really teach our friends about investing, of course this will be very useful for them in the future for their financial security.


Title: Re: Invest on your dependants if you too must grow further
Post by: Promocodeudo on April 17, 2024, 09:55:41 PM
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.

If you want to be successful then your people have to be successful, you have to take care of your family, friends etc that as so dear to you to the next level for you to go more high. In general we should always extend our hands to people who needs it as it will guarantee our success too.

Yes it is very good to invest on people that depends on you for survival but this should with carefulness, if you are doing this you should also know that there are some persons that fall in the category that no matter how you try to push them up they wont stand, though i never said that it is not good to invest in those one too but the best thing to do is to engage each an everyone of them in a good conversation making aure that you know what they can be able to do before engaging them fully in it, i agree with you that for a rich man to be free from some expenses thats not suppose to stand he or she must consider some things like building more pillars in the family so that it will lessen the burden on him, but the truth is that is not everyone that thinks this way, they prefer being worshiped instead helping their relatives to stand.


Title: Re: Invest on your dependants if you too must grow further
Post by: Russlenat on April 17, 2024, 10:30:01 PM
I use to say this more often to people around me, that if you want to help a person in life, then learn to know and identify the strategic place of need in such persons life and fixed it, if you give them bread, they will soon eat it up and be hungry again, but when you make decision in alleviating them and helping them to start an investment that could be profitable for them to depend on for financial survival, they will always earn through such instead of coming back to you for more help.
Know the person’s weakness and help him encourage to overcome it. Teach him to stand on his own foot and not to rely on other person, and by helping him land on a stable job or a reliable side hustle or investment, you are just giving him opportunity to grow and support himself, without feeding him everything he needs. That way, you did invest yourself onto him but in a productive way.


Title: Re: Invest on your dependants if you too must grow further
Post by: junder on April 18, 2024, 03:20:23 PM
Know the person’s weakness and help him encourage to overcome it. Teach him to stand on his own foot and not to rely on other person, and by helping him land on a stable job or a reliable side hustle or investment, you are just giving him opportunity to grow and support himself, without feeding him everything he needs. That way, you did invest yourself onto him but in a productive way.

That's a reasonable solution, I once saw a video that gave me motivation, where there was a beggar who was sitting hoping that everyone who passed by would give him money, but there were two people who gave him a box of drinks and listed the price of one bottle of drink to sell. I think this is indeed a motivation, where we have to be able to try to make money or to change the situation for the better, not just by sitting and hoping for a miracle to happen, if it continues like that it will be difficult for us to change the situation.

by giving them jobs that can actually make money is the solution to being able to change their own lives. rather than making their lives depend on other people, it will not make them progress or change for the better. because I think people whose lives depend on other people are people who don't want to try to change their lives for the better, because they feel that their lives are comfortable with the people who give them comfort in life.


Title: Re: Invest on your dependants if you too must grow further
Post by: God bless u on April 18, 2024, 04:32:29 PM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.

If you're too proud of yourself, delightful and relaxed without being bothered on how to ease your responsibilities within your home when  you've the capacities to lucrate everyones minds by introducing them or encouraging them on how they can also breakthrough their financial reliances, you'd either end up struggling to have more values to your finances or your relentness engagement on always being the provider could picture you as one of a kind who have the potential to elevate others but chooses to let everyone settled beneath your foots which can actually inspire some negative thoughts on people envying your success.

Buttressing the whole fact, to help people of your responsibilities in staying financially reliable when you've the capacities would as much reduce the level of your expenses with the people in concerned and would enable you to flexibly focus on your personal issues hopefully in your projects of gaining more wealth and enlarging your incomes.

I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.
what  things will satisfy this world I don't understand. I mean I don't disagree with even a single word of yours but this world expect too much especially from a men. Our lives pass in thinking for other and that's the most stressful thing for me. We should provide them with basic necessities of life but later on they should do things on their own.

It's my personal opinion and you could differ in that but I think ones life is too short for all these type of affairs and he/she should only be responsible for the basic necessities until the maturity age only. After that siblings must do things on their own to survive and try their own luck.


Title: Re: Invest on your dependants if you too must grow further
Post by: Y3shot on April 18, 2024, 04:44:18 PM
Life is all about empowerment,  raising people up by empowering them. A man is considered to be a great man if the people around him are transformed by him. It can only be greed if one has the power to empower the people around but choose not to do. When you decide not to help people that are around whenever they have any problem they would always run down to you for help. But when you help people by carrying them along by empowering them whenever they have challenge of theirs they will be able to help solve problems themselves.

I think when you help in building people they are just like pillars to you, when you need support they can also be of help to you. This is very important to do for family members and friend because the effectiveness will still exist till the next generation.


Title: Re: Invest on your dependants if you too must grow further
Post by: Antotena on April 18, 2024, 09:42:44 PM
Buttressing the whole fact, to help people of your responsibilities in staying financially reliable when you've the capacities would as much reduce the level of your expenses with the people in concerned and would enable you to flexibly focus on your personal issues hopefully in your projects of gaining more wealth and enlarging your incomes.

I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

I have this guy who works with my elder brother in their office, they do these same work and in the same department with the same salary but unfortunately, this guy don't have any money left on him before the month do reach even half, and before he will collect the next salary, he would have had debt everywhere under his pillow waiting to be paid and when they got into discussion, he said he has a lot of responsibilities coming from home and are all from his siblings. That's obviously, the family is dependent on him despite having a good job that pays well.

Even if you are earning millions of dollars and the people around you don't have a means to earn will only fustrate your financial stability and you wouldn't be able to grow personally. This is why the adage that says teach how to fish but don't give a fish is one of the best way to remove someone from financial situations around you.


Title: Re: Invest on your dependants if you too must grow further
Post by: Die_empty on April 19, 2024, 07:06:43 AM
I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to the responsibility surrounding them.
African culture places some responsibility on wealthy family members to take care of those who are less privileged. The society frowns at individualism because the culture promotes communal living. Depending on the age of the dependants you can assist dependants in some ways. Paying for their school fees, supporting them in business, and recommending relevant skills and Investment platforms, are some areas one could help them become financially independent. 

Know the person’s weakness and help him encourage to overcome it. Teach him to stand on his own foot and not to rely on other person, and by helping him land on a stable job or a reliable side hustle or investment, you are just giving him opportunity to grow and support himself, without feeding him everything he needs. That way, you did invest yourself onto him but in a productive way.
The problem with some dependants is that they don't want to become independent. They always want to receive assistance from people but they don't put any effort into making money and meeting their needs. A family friend has been given assistance several times for him to take responsibility but he ended up misusing all the funds that was given to him severally to start a business.


Title: Re: Invest on your dependants if you too must grow further
Post by: doomloop on April 19, 2024, 05:49:23 PM
If we have been able to build our own finances very well and other people or people around us pay attention to it, then we ourselves can encourage other people to do the same. or we can motivate other people around us quite easily. Because people always tend to pay attention to and follow people who they consider to have achieved success. So the first thing I always emphasize to myself is that I must be successful first and then I will lead other people to follow me and achieve success together. because when we try to advise other people when we are not successful, believe me, many people will start to stay away from us or they will even start to say that we are just a dreamer. But if we advise other people when we are successful, they will immediately believe our words and follow our advice happily. That's a fact that I found and it is certainly something that most people experience too.
Better if it works like that but you forgot there are people who throw stones at a bearing tree, so that its fruits will fall to them. Let's also hope that those who follow what they think are successful won't get scammed because there are scammers who are like this. They like to mislead people for their own gains. I still think that you don't need to be successful first in order for you to convince the people.

Sometimes what you only need is a good social skills and on how to sales talk properly. Since we are not yet successful, we don't have proofs yet but we can always use the proof of other people. It must be fine because our intention is still clean.


Title: Re: Invest on your dependants if you too must grow further
Post by: STT on April 19, 2024, 09:53:09 PM
Life is all about empowerment,  raising people up by empowering them. A man is considered to be a great man if the people around him are transformed by him.


Society only grows great while old men plant trees under whose shade they will never sit.  I forget who said that exactly but I never forget the words because they are absolutely correct.   That's an ironic thing about a rich society, it only really continues to be so while investing in those who are born with nothing.   That goes beyond families it has to be reflected in government, the monetary system everything really.


Title: Re: Invest on your dependants if you too must grow further
Post by: TEBTC on April 19, 2024, 10:15:46 PM
Rightly said and as the saying goes teach me how to fish and not give me fish if one is to attain the level of financial stability there is a great need to empower those looking up to you so the financial burden can be reduced on your part. You need to support those always depending on you so that they too can support others in the chain


Title: Re: Invest on your dependants if you too must grow further
Post by: Jegileman on April 20, 2024, 12:01:16 AM
All what you’ve explained in your post is correct and that’s just the reality of it that we should all be aware of. Building your circle and not just your dependents can lead to reduced dependency on you. It is only when your circle is rich that you can also feel rich to enjoy the luxury of riches with your friends. This is only peculiar to those that care and would love to share but for those that don’t, they won’t care and would the life they desire. Financial stability and freedom of finance is achieved when no one depends on you and have built your circle to be like you also.


Title: Re: Invest on your dependants if you too must grow further
Post by: G_Besar on April 20, 2024, 01:39:16 AM
Rightly said and as the saying goes teach me how to fish and not give me fish if one is to attain the level of financial stability there is a great need to empower those looking up to you so the financial burden can be reduced on your part. You need to support those always depending on you so that they too can support others in the chain
The saying you said has also taught many people that everyone needs to be given the opportunity to work so they can experience how to make money in their own life. Because if a person who depends on other people is immediately given money without being told how to make money, of course one day he will also complain again and depend on other people so that he will never find change in his life except just continuing to depend on other people. So, the important point here is to give them something they can do so that they can expect good results, like the fishing rod you mentioned in the proverb.


Title: Re: Invest on your dependants if you too must grow further
Post by: AVE5 on April 20, 2024, 09:57:48 AM
I use to say this more often to people around me, that if you want to help a person in life, then learn to know and identify the strategic place of need in such persons life and fixed it, if you give them bread, they will soon eat it up and be hungry again, but when you make decision in alleviating them and helping them to start an investment that could be profitable for them to depend on for financial survival, they will always earn through such instead of coming back to you for more help.
Know the person’s weakness and help him encourage to overcome it. Teach him to stand on his own foot and not to rely on other person, and by helping him land on a stable job or a reliable side hustle or investment, you are just giving him opportunity to grow and support himself, without feeding him everything he needs. That way, you did invest yourself onto him but in a productive way.

It's as simple as that. You revealed what'd be best and productive to him as you exposed him out to the field where he can actually be nortured and certified to self reliance of making incomes of his own instead of coming to you on basis asking for your assistance.
Even, those little demanding assistance from him can cause distractions to your pursues but if you can get him settled and focused to himself to a source of providing for himself, of course that'd enable you too to focus more undistractedly towards your goals.


Title: Re: Invest on your dependants if you too must grow further
Post by: tabas on April 20, 2024, 10:09:08 AM
Rightly said and as the saying goes teach me how to fish and not give me fish if one is to attain the level of financial stability there is a great need to empower those looking up to you so the financial burden can be reduced on your part. You need to support those always depending on you so that they too can support others in the chain
Many of those that are unable now needs some helping hand. If you as a person believes about that there's no man is an island then you'd also believe that every person that are on their down times need some extra help that will pull them up so that they can stand on their own. I know that this isn't applicable at all times because there are cases that those that have been helped are not grateful and even wasted the opportunity of help that should be a life changing action for them. But it's true, when you teach someone how to fish and be skilled for employment or livelihood, if they will hone that then it is gonna be a lifechanging opportunity for them.


Title: Re: Invest on your dependants if you too must grow further
Post by: wxa7115 on April 21, 2024, 05:03:11 AM
Rightly said and as the saying goes teach me how to fish and not give me fish if one is to attain the level of financial stability there is a great need to empower those looking up to you so the financial burden can be reduced on your part. You need to support those always depending on you so that they too can support others in the chain
Many of those that are unable now needs some helping hand. If you as a person believes about that there's no man is an island then you'd also believe that every person that are on their down times need some extra help that will pull them up so that they can stand on their own. I know that this isn't applicable at all times because there are cases that those that have been helped are not grateful and even wasted the opportunity of help that should be a life changing action for them. But it's true, when you teach someone how to fish and be skilled for employment or livelihood, if they will hone that then it is gonna be a lifechanging opportunity for them.
For what I can see around me, a great deal of people want to achieve the success you can see in movies and TV, but they want to make no effort at all to fulfill their goals.

In a way they just hope that somehow everything aligns for them to become rich with no effort on their part, and this is not possible, that being said there are many people which are willing to work hard to reach their dreams, but they have no idea how to do this, and it is those people the ones that can be helped by offering some guidance and then let them figure out the rest on their own.


Title: Re: Invest on your dependants if you too must grow further
Post by: poodle63 on April 21, 2024, 01:31:22 PM
Rightly said and as the saying goes teach me how to fish and not give me fish if one is to attain the level of financial stability there is a great need to empower those looking up to you so the financial burden can be reduced on your part. You need to support those always depending on you so that they too can support others in the chain
this exactly what giving back to the community that make us grow means, contributing back for the sake of making the living of those around us better.
but the question is, how difficult it will be to be realized, giving fish is easier than teaching how to fish arguably, even more apparent when we are talking about improving the living of people around us
through elevating the income, even so its not only limited to income that we need to teach people about improving their life there are many thing that could contribute to the betterment of the lives of people.
though sometime people are so selfish that they can only think for themselves, I don't blame them though, sometime the environment that we're growing in really affect our mindset growing up.
but giving back to community, teaching how to fish instead of giving the fish so that we won't get burdened by helping as well as making people create their own opportunity is essential for us to grow as stated by many.


Title: Re: Invest on your dependants if you too must grow further
Post by: Jody.Drummer on April 21, 2024, 08:00:32 PM
For what I can see around me, a great deal of people want to achieve the success you can see in movies and TV, but they want to make no effort at all to fulfill their goals.

In a way they just hope that somehow everything aligns for them to become rich with no effort on their part, and this is not possible, that being said there are many people which are willing to work hard to reach their dreams, but they have no idea how to do this, and it is those people the ones that can be helped by offering some guidance and then let them figure out the rest on their own.

That is nonsense, with everyone of course must want success in his life and if they want success of course there must be effort and even sacrifice to be successful, but if they want to be rich but no effort it will never happen. It is the same with my friend where he always says he wants a change for the better in the future but he himself has no movement that shows progress or effort, I don't know what is in his mind why he wants success but no effort is made.

Those who want to be rich without any effort I think they need to be told that it will not happen magically. Although everyone has a portion of luck, it is not entirely going to give a big positive thing. Of course, whatever you want there must be effort first.


Title: Re: Invest on your dependants if you too must grow further
Post by: ferida504 on April 21, 2024, 09:04:56 PM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.
I agree.

Many breadwinners also burn out through this method where they take on every and all responsibility and they just let the rest of their family slack off. It’s not only unhealthy to yourself but it is also incredibly unhelpful to other members of your family.

Quote
I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

We can say the same for asian families. especially those coming from third world nations.

asians have this culture of family being tied together and helping each other out at all times. It might have caused a problem or two over time.

Who is serious, he will succeed, to achieve that is also full of struggle and patience because there are those who are born from parents who are not rich or poor, so the concept of life is to do a job to the maximum extent possible because without a struggle then it is impossible to become rich or successful. After that, take every trust that people give you, never betray other people. Once successful, continue to carry out new mapping and make long-term plans, namely taking advantage of opportunities


Title: Re: Invest on your dependants if you too must grow further
Post by: Coyster on April 21, 2024, 09:19:47 PM
Financial stability and freedom of finance is achieved when no one depends on you and have built your circle to be like you also.
You are not compelled to help everybody, neither can you successfully set up everyone around you, that's basically impossible, like i have said earlier, if you take up too many burden, it will be counterproductive and affect your own financial life and stability.

Mind you that you cannot make someone rich by giving them your own money, you can only teach them how to make money and direct them to finance books that would help them boost their financial knowledge, if you give them money when they have no financial knowledge, they'd keep coming back until they drag you into financial problems.


Title: Re: Invest on your dependants if you too must grow further
Post by: stadus on April 21, 2024, 09:22:36 PM
I use to say this more often to people around me, that if you want to help a person in life, then learn to know and identify the strategic place of need in such persons life and fixed it, if you give them bread, they will soon eat it up and be hungry again, but when you make decision in alleviating them and helping them to start an investment that could be profitable for them to depend on for financial survival, they will always earn through such instead of coming back to you for more help.
Teach them skills first so they can enhance and develop it, until it makes them as their source of income. From there, they can make a stable earnings until they become capable to start their own investments that they are highly knowledgeable to. So you are teaching them to finally stand on their own, and won’t starve to death anymore because they are already earning quite well.

For me, that’s the best way to help. Don’t just give them fish to eat, but let them learn how to catch fish first.


Title: Re: Invest on your dependants if you too must grow further
Post by: Dewi Aries on April 21, 2024, 10:55:17 PM

Who is serious, he will succeed, to achieve that is also full of struggle and patience because there are those who are born from parents who are not rich or poor, so the concept of life is to do a job to the maximum extent possible because without a struggle then it is impossible to become rich or successful. After that, take every trust that people give you, never betray other people. Once successful, continue to carry out new mapping and make long-term plans, namely taking advantage of opportunities

True, everything always depends on how serious you are in dedicating yourself to struggle tirelessly, because on the other hand I think we have often heard about people who want to achieve success in their lives but their dreams are not accompanied by an action then obviously it is nothing more than just empty, And usually I often hear that people want to achieve success when they hear or see other people, especially people around them who have achieved success, and it really seems to motivate them but however motivated you are by the success of others if for example you only "say or dream" without being accompanied by any action then obviously it is nothing more than a hallucination.

However everything must start with thinking and acting, and I understand that there may be people who are less fortunate where they have a more difficult situation such as being in a poor life situation, but actually success does not see what your life situation is, the proof we can see is that there are quite a lot of successful people who were born poor, and what distinguishes them is that they have unusual intentions and seriousness along with having a personality that never gives up and is always willing to work hard, and you have said the right thing above and maybe the last thing from me is someone who has great potential to achieve success is those who can always look for and utilize all opportunities to the maximum.


Title: Re: Invest on your dependants if you too must grow further
Post by: crwth on April 21, 2024, 11:05:58 PM
So are you saying that having to be able to "optimize" your financial growth is the solution to having no problems with financials? Like how you are going to be able to do it with optimization? The reduction of expenses and having a larger income? It's not much of the subject that you are talking about and "invest" is not the right word. Maybe it's better if it's "saving".


Title: Re: Invest on your dependants if you too must grow further
Post by: Gozie51 on April 22, 2024, 02:44:29 PM

I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

Things as such topic can only be important in an African society or other third world countries where government doesn't provide amenities or equal opportunities for all. Economic hardship in Africa society is only felt in poor homes and people who are not connected to the government but in more developed countries, the government provides enabling environment for every one not just for the few oligarchy controlling the affairs and resources of the country.


Title: Re: Invest on your dependants if you too must grow further
Post by: Mpamaegbu on April 23, 2024, 09:18:46 PM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.
I get your point. The issue you raised presupposes that in a family where only one person is rich, that family is poor. To help oneself become financially stable, one has to better the lot of one's dependants by teaching them how to fish by themselves and not throw fish at them. As Africans, we live communally by the extended family structure and that makes it difficult not to have dependants. We can't escape that. However, wisdom is profitable to direct on how to lift them out of penury without distabilizing one's finances.


Title: Re: Invest on your dependants if you too must grow further
Post by: GeorgeJohn on April 23, 2024, 09:36:28 PM
True freedom does not depend only on one's financial freedom. You yourself earn a lot of money, but if people around you do not get the opportunity to earn money, then somehow they can depend on you. You get a lot of money there but fail to retain that money. Moreover, a person can never fully support others financially. In order to improve one's own position, one must advance in the improvement of the people around him. Especially those who depend on it. Therefore, a person should help others to the maximum extent in various matters. If their educational system can change their position by focusing fully on income system etc. then a person can improve overall. A family may have many members where not all are earning but if they are given an opportunity to earn then they can certainly contribute well there. As one's expenses will decrease personally, they will gain financial independence.
you are right because if you only you is one that is sponsoring your group based on your have money it is obvious that the money you have will not successfy you and they will not solve your problems your need so that is why you have to empower people that is around you in another way they can be able to earn their own personal money without depending on you so when you have done that you have liberated yourself from much expenses from other aspects money that one particular person have is a personal money.


Title: Re: Invest on your dependants if you too must grow further
Post by: iBaba on April 24, 2024, 08:29:59 PM
you are right because if you only you is one that is sponsoring your group based on your have money it is obvious that the money you have will not successfy you and they will not solve your problems your need so that is why you have to empower people that is around you in another way they can be able to earn their own personal money without depending on you so when you have done that you have liberated yourself from much expenses from other aspects money that one particular person have is a personal money.

No matter how rich you claim to be and how supportive you try to be, investing on your circle is the best way to go about sustainable living. This topic is more relevant in today's world of economic uncertainties, where you can be rich but still needs external supports or sources to thrive in the business arena. Having friends who can always stand in as a support system and assets is better than accommodating liabilities.

Although, for truth to be said, you need to have the financial or intellectual capacity to be able to invest in friends first, then, you also need reasonable friends who are interested and ready to tap into the opportunities available to them.


Title: Re: Invest on your dependants if you too must grow further
Post by: Yaqs15 on April 25, 2024, 05:51:58 PM
So are you saying that having to be able to "optimize" your financial growth is the solution to having no problems with financials? Like how you are going to be able to do it with optimization? The reduction of expenses and having a larger income? It's not much of the subject that you are talking about and "invest" is not the right word. Maybe it's better if it's "saving".

It's not all about billions of dollars that you have in your bank account, it's not all about cars that you have, and it's not all about mansion that you have, but it's about the positive impact all these your billions of dollars, big cars and mansion have on the people around you.
  it's the best idea for some one to build people around him or her if not for, when they are being built and no more depending on you, you will even have some relief of their responsibility on you which you have settled them of.
Life is all about empowerment,  raising people up by empowering them. A man is considered to be a great man if the people around him are transformed by him. It can only be greed if one has the power to empower the people around but choose not to do. When you decide not to help people that are around whenever they have any problem they would always run down to you for help. But when you help people by carrying them along by empowering them whenever they have challenge of theirs they will be able to help solve problems themselves.

I think when you help in building people they are just like pillars to you, when you need support they can also be of help to you. This is very important to do for family members and friend because the effectiveness will still exist till the next generation.
  When you want to be the very pillar of your family, try to learn how to sacrifice a lot. They said; he who gives never lack. 
what goes around must surely comes around. If you don't have the discipline of sacrifice, you can not be able empower others, because it involves spending of money, time and some time your energy.
  If you want to grow further, spend on your dependents wisely. that is, some time you don't just give them cash, but spend on them by paying their school fees, pay for their skills acquisitions, try to teach them how to make money like doing business, trading on Bitcoin and online businesses which most of these may require funds. Do not hesitate to help them with their need financially emotionally and physically.


Title: Re: Invest on your dependants if you too must grow further
Post by: wxa7115 on April 27, 2024, 01:47:07 AM
For what I can see around me, a great deal of people want to achieve the success you can see in movies and TV, but they want to make no effort at all to fulfill their goals.

In a way they just hope that somehow everything aligns for them to become rich with no effort on their part, and this is not possible, that being said there are many people which are willing to work hard to reach their dreams, but they have no idea how to do this, and it is those people the ones that can be helped by offering some guidance and then let them figure out the rest on their own.

That is nonsense, with everyone of course must want success in his life and if they want success of course there must be effort and even sacrifice to be successful, but if they want to be rich but no effort it will never happen. It is the same with my friend where he always says he wants a change for the better in the future but he himself has no movement that shows progress or effort, I don't know what is in his mind why he wants success but no effort is made.

Those who want to be rich without any effort I think they need to be told that it will not happen magically. Although everyone has a portion of luck, it is not entirely going to give a big positive thing. Of course, whatever you want there must be effort first.
It is complete nonsense but on its on way I get why they are like that, as if I was told by a credible source that I was going to be given a billion dollars and I will have to do nothing to gain it, why would I refuse it?

However I know this will never happen, and even if I were to work as hard as I could during my whole life, I would still not achieve those kind of riches, however by doing the best I can, there is no doubt that I can get better outcomes than if I did nothing.


Title: Re: Invest on your dependants if you too must grow further
Post by: Zanab247 on May 01, 2024, 02:45:02 PM
Quote from: Coyster
If you have financial knowledge/intelligence, you can try to teach people who are dear to you, suggest finance books to them and support them financially in the little way you can. But i don't think you should "invest" in them, if you take up too many responsibilities, you might run the risk of going broke yourself, i always advise people to live for themselves and help people only in a way that would not affect you financially.
It will be difficult for such family to lack wealth, because that is the best way to make family remain wealthy by teaching them how to carry out research before investing in a decentralized currency, and wait for some years before they can supply their  coins to the market to make a good profits that will boost the family wealth.

You can allow them to handle some of your business for them to gain more skills that will help them to function well, when you establish their own business for them and it will make them to be bold in doing the businesses to earn for a living.

If you have so much wealth, and you fail to invest in your family by not creating opportunities for them to earn from , it will reduce your wealth to zero level, and it will bring disrespect to you in the family


Title: Re: Invest on your dependants if you too must grow further
Post by: justdimin on May 05, 2024, 10:02:42 AM
It will be difficult for such family to lack wealth, because that is the best way to make family remain wealthy by teaching them how to carry out research before investing in a decentralized currency, and wait for some years before they can supply their  coins to the market to make a good profits that will boost the family wealth.

You can allow them to handle some of your business for them to gain more skills that will help them to function well, when you establish their own business for them and it will make them to be bold in doing the businesses to earn for a living.

If you have so much wealth, and you fail to invest in your family by not creating opportunities for them to earn from , it will reduce your wealth to zero level, and it will bring disrespect to you in the family
I would assume that if you could teach your kids value of money one way or another, then they would be able to get it more themselves even without your help, but at the same time if you could help them by letting them have something, then it would mean that things could actually be better in the end as well.

I am hoping that we are not going to end up with anything more decent, we shouldn't really end up with crazy situations, it doesn't feel like it would be all that crazy in the end, we need to just focus on the fact that we could do fine if we leave our kids with both education on money and some small inheritance to start. They will not learn about money at school, so that is your own responsibility to teach them.


Title: Re: Invest on your dependants if you too must grow further
Post by: Yukyzu on May 06, 2024, 11:22:17 AM
No matter how rich you claim to be and how supportive you try to be, investing on your circle is the best way to go about sustainable living. This topic is more relevant in today's world of economic uncertainties, where you can be rich but still needs external supports or sources to thrive in the business arena. Having friends who can always stand in as a support system and assets is better than accommodating liabilities.

Although, for truth to be said, you need to have the financial or intellectual capacity to be able to invest in friends first, then, you also need reasonable friends who are interested and ready to tap into the opportunities available to them.
When someone is able to invest, of course they have prepared their future to be better, because if we don't prepare for our future, of course it will be very difficult to meet our needs in the future and to have friends who can help us in various situations. of course this is a very valuable asset rather than choosing to pay off the loans we have to pay, when someone has good capacity and can generate profitable income of course people will be interested in investing in us and this will of course benefit them too .


Title: Re: Invest on your dependants if you too must grow further
Post by: AVE5 on May 08, 2024, 09:46:52 AM
So are you saying that having to be able to "optimize" your financial growth is the solution to having no problems with financials? Like how you are going to be able to do it with optimization? The reduction of expenses and having a larger income? It's not much of the subject that you are talking about and "invest" is not the right word. Maybe it's better if it's "saving".

Optimizing your financial growth in the sense that you could invest to be able to accumulate more to your savings is the key point because having savings without increments would do you no good in the future because a source that's no being reproductive would definitely be insufficient to process your needs.
So if you think your financial capacities can as well maintain your expensive expenditures without disrupting your financial increments of course it's good to go. Afterall well all needed all that expensive commodities the conciousness is only based on the future and our network.


Title: Re: Invest on your dependants if you too must grow further
Post by: Cryptomultiplier on May 08, 2024, 10:06:40 AM
No matter how rich you claim to be and how supportive you try to be, investing on your circle is the best way to go about sustainable living. This topic is more relevant in today's world of economic uncertainties, where you can be rich but still needs external supports or sources to thrive in the business arena. Having friends who can always stand in as a support system and assets is better than accommodating liabilities.

Although, for truth to be said, you need to have the financial or intellectual capacity to be able to invest in friends first, then, you also need reasonable friends who are interested and ready to tap into the opportunities available to them.
When someone is able to invest, of course they have prepared their future to be better, because if we don't prepare for our future, of course it will be very difficult to meet our needs in the future and to have friends who can help us in various situations. of course this is a very valuable asset rather than choosing to pay off the loans we have to pay, when someone has good capacity and can generate profitable income of course people will be interested in investing in us and this will of course benefit them too .
You know, investment could be of different types and a wise person knows that investment in an individual either it is someone close or themselves, always goes a long way to yield lasting returns.

Am not saying investment in cryptocurrency or precious stone and gems isn't worth it, but if one gets to educate themselves or others close by, on how to be more knowledgeable in that area and thus can earn from investing in them, i.e they have understood how money is made and can be multiplied with a certain knowledge and skill, then that's the best and most rewarding future and present investment that will pay better than a salaried job.


Title: Re: Invest on your dependants if you too must grow further
Post by: MissNonFall9 on May 08, 2024, 11:51:57 AM
"Many a little makes a mickle" talk is very popular in my area. Economic freedom plays a very important role in creating a healthy natural ‍and social environment for a person. Even economic liberation plays an effective role in shaping humanity. So if a family can be shown the path of economic mobility then it can move comfortably in any kind of adverse environment. If the search for such jobs can be shown to all the people around (who are willing to work) then everyone can run the society responsibly.


Title: Re: Invest on your dependants if you too must grow further
Post by: Negotiation on May 08, 2024, 01:46:53 PM
No matter how rich you claim to be and how supportive you try to be, investing on your circle is the best way to go about sustainable living. This topic is more relevant in today's world of economic uncertainties, where you can be rich but still needs external supports or sources to thrive in the business arena. Having friends who can always stand in as a support system and assets is better than accommodating liabilities.

Although, for truth to be said, you need to have the financial or intellectual capacity to be able to invest in friends first, then, you also need reasonable friends who are interested and ready to tap into the opportunities available to them.
When someone is able to invest, of course they have prepared their future to be better, because if we don't prepare for our future, of course it will be very difficult to meet our needs in the future and to have friends who can help us in various situations. of course this is a very valuable asset rather than choosing to pay off the loans we have to pay, when someone has good capacity and can generate profitable income of course people will be interested in investing in us and this will of course benefit them too .
Rightly said investing is the right decision thinking about the future and investing it helps to deal with various bad situations. Each plan individually helps you build wealth which helps you achieve the specific goals of your overall financial plan. For risk hedging savings plans help accumulate money safely over time. Usually this money is kept aside for any emergency purchases or future purchases.


Title: Re: Invest on your dependants if you too must grow further
Post by: oktana on May 08, 2024, 11:09:08 PM
I think in Africa, there’s a stronger will on supporting family members and lifting each other up financially. There are other cultures who do the same but that of Africa seems to stand out to me. But despite what culture it is, it is a good thing to yourself, the society, and the world at large that you can empower others to be able to provide and cater for themselves and not just depending on you. This can go as far as breaking cycles of poverty.


Title: Re: Invest on your dependants if you too must grow further
Post by: AVE5 on May 09, 2024, 03:23:08 AM
I think in Africa, there’s a stronger will on supporting family members and lifting each other up financially. There are other cultures who do the same but that of Africa seems to stand out to me. But despite what culture it is, it is a good thing to yourself, the society, and the world at large that you can empower others to be able to provide and cater for themselves and not just depending on you. This can go as far as breaking cycles of poverty.

You're right. Here in Africa, there's is always dependents on the breadwinners and at some cases of having that much of responsibilities, it could, cause setback from meeting with the height of a financial goal.
That's why i clearly stated it that we should invest in how to create productive means of earning to those our relatives if there comes an opportunity because if you're limited to those responsibilities, it's like you've just offloaded those barriers delaying your forwardness.


Title: Re: Invest on your dependants if you too must grow further
Post by: Septex on May 09, 2024, 09:15:22 AM
Yes, one is not properly rich until one is not only financially well off but also those around us are also financially well off. In fact if the other members of a family are completely dependent on one person financially then it becomes really difficult for him to carry the family. Therefore, it is very important to teach the other members of the family how to achieve financial stability in addition to providing their own money. Otherwise, the biggest responsibility falls on one family member and it causes a lot of trouble for him in the future. So we should understand well in advance to the family members how they can be financially successful and what approach to take.


Title: Re: Invest on your dependants if you too must grow further
Post by: mvdheuvel1983 on May 09, 2024, 12:26:21 PM
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.

If you want to be successful then your people have to be successful, you have to take care of your family, friends etc that as so dear to you to the next level for you to go more high. In general we should always extend our hands to people who needs it as it will guarantee our success too.

Human capital development is the best investment that every one should embrace, it is very dangerous if you don't invest in your own people and people around you because it this may amount to disrespect from your relatives and again they may have bad plans against you if care is not taken.
Just imagine if you invest in people that solely depend on you, don't you think this people has automatically become an asset, there are some hands you will be needing in your office, this people can help in solving the problem too, the most good part of this is that,once this people start getting their own money you will be relieved of your financial burden and thats it,teach people how to make money, don't give them money because by so doing you are making them lazy.


Title: Re: Invest on your dependants if you too must grow further
Post by: |MINER| on May 09, 2024, 03:14:58 PM
If you want to keep yourself successful, you should also make people around you self-reliant. Because it is not possible to maintain a good position by earning a single income in the family. Because it is difficult to manage a family with a single income in today's era.  If everyone in the family earns, then it is easy for everyone to maintain it. Also, if everyone around you is poor, if you alone are rich, it is not possible to maintain that wealth for long.


Title: Re: Invest on your dependants if you too must grow further
Post by: oktana on May 09, 2024, 11:33:13 PM
I think in Africa, there’s a stronger will on supporting family members and lifting each other up financially. There are other cultures who do the same but that of Africa seems to stand out to me. But despite what culture it is, it is a good thing to yourself, the society, and the world at large that you can empower others to be able to provide and cater for themselves and not just depending on you. This can go as far as breaking cycles of poverty.

You're right. Here in Africa, there's is always dependents on the breadwinners and at some cases of having that much of responsibilities, it could, cause setback from meeting with the height of a financial goal.
That's why i clearly stated it that we should invest in how to create productive means of earning to those our relatives if there comes an opportunity because if you're limited to those responsibilities, it's like you've just offloaded those barriers delaying your forwardness.

An artiste sang “it’s like flying first class on a crashing plane”; you’re all going down. Thinking of this topic the lyric makes sense because it is the exact case. But on the other hand, if you consistently try to help and the recipient is unserious, don’t beat yourself up. I believe that in the end, everyone has their responsibilities and no one would leave their to completely chase another’s.


Title: Re: Invest on your dependants if you too must grow further
Post by: MissNonFall9 on May 10, 2024, 03:20:07 PM
If you want to keep yourself successful, you should also make people around you self-reliant. Because it is not possible to maintain a good position by earning a single income in the family. Because it is difficult to manage a family with a single income in today's era.  If everyone in the family earns, then it is easy for everyone to maintain it. Also, if everyone around you is poor, if you alone are rich, it is not possible to maintain that wealth for long.
Analyzing the history of the births of famous people in the world, it can be seen that most of them came from famous places. So to be economically self-reliant we have to make everyone around us employable, there is no alternative. Therefore the same characteristic is noticeable in a family, such as if a person is the only earner, the financial pressure on him is much more than another earner in that family. So if we want to grow up we have to create another income earner in our family.


Title: Re: Invest on your dependants if you too must grow further
Post by: eightdots on May 10, 2024, 04:20:16 PM
If you want to keep yourself successful, you should also make people around you self-reliant. Because it is not possible to maintain a good position by earning a single income in the family. Because it is difficult to manage a family with a single income in today's era.  If everyone in the family earns, then it is easy for everyone to maintain it. Also, if everyone around you is poor, if you alone are rich, it is not possible to maintain that wealth for long.
Analyzing the history of the births of famous people in the world, it can be seen that most of them came from famous places. So to be economically self-reliant we have to make everyone around us employable, there is no alternative. Therefore the same characteristic is noticeable in a family, such as if a person is the only earner, the financial pressure on him is much more than another earner in that family. So if we want to grow up we have to create another income earner in our family.

Growing up is an action that happens faster sometimes alone and sometimes all together. Everyone's goal is to increase their current income and help those around them live a better life. To do this, the number of income earners needs to be increased.

Sometimes, investing in education or something else for a while may cause the person you invest in to earn income. Even a small positive impact we can make on the people around us will be beneficial in the future.


Title: Re: Invest on your dependants if you too must grow further
Post by: tygeade on May 10, 2024, 05:19:54 PM
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.

If you want to be successful then your people have to be successful, you have to take care of your family, friends etc that as so dear to you to the next level for you to go more high. In general we should always extend our hands to people who needs it as it will guarantee our success too.
Human capital development is the best investment that every one should embrace, it is very dangerous if you don't invest in your own people and people around you because it this may amount to disrespect from your relatives and again they may have bad plans against you if care is not taken.
Just imagine if you invest in people that solely depend on you, don't you think this people has automatically become an asset, there are some hands you will be needing in your office, this people can help in solving the problem too, the most good part of this is that,once this people start getting their own money you will be relieved of your financial burden and thats it,teach people how to make money, don't give them money because by so doing you are making them lazy.
Helping people around you is a costly thing, I should know because with just one salary that I have, I try to help with three households. I try to take care of my own house, I try to take care of my spouse's family, and I try to take care of my own family as well.

I can see why that would feel like such a troublesome thing but at the end of the day we are talking about a situation that I can't stop doing at the moment. What is the alternative? Just let them be poor and have trouble all their life? Of course not, they took care of us when we were kids and took care of us very well, now it is our time to try to take care of them, surely the economy is much worse nowadays so it makes it a lot harder for me but I keep doing that. It is not easy and that is why I hope bitcoin goes up a lot to help me a bit.


Title: Re: Invest on your dependants if you too must grow further
Post by: ndutndut on May 10, 2024, 09:12:42 PM
If you want to keep yourself successful, you should also make people around you self-reliant. Because it is not possible to maintain a good position by earning a single income in the family. Because it is difficult to manage a family with a single income in today's era.  If everyone in the family earns, then it is easy for everyone to maintain it. Also, if everyone around you is poor, if you alone are rich, it is not possible to maintain that wealth for long.
Yes, what you said is very true. If we want to continue to be successful, we must be able to make the people closest to us become more advanced and have good thoughts about finances. Because if you are the only one who is the backbone of income generation in a family then whatever wealth you have will not last long.

So, according to the title written by the OP, make your dependents an investment for the future. It's not just about money but also education and knowledge. Teach them to earn money, not give money because this will make them not develop and even tend to be lazy.


Title: Re: Invest on your dependants if you too must grow further
Post by: Antotena on May 10, 2024, 09:26:33 PM
Helping people around you is a costly thing, I should know because with just one salary that I have, I try to help with three households. I try to take care of my own house, I try to take care of my spouse's family, and I try to take care of my own family as well.

I can see why that would feel like such a troublesome thing but at the end of the day we are talking about a situation that I can't stop doing at the moment. What is the alternative? Just let them be poor and have trouble all their life? Of course not, they took care of us when we were kids and took care of us very well, now it is our time to try to take care of them, surely the economy is much worse nowadays so it makes it a lot harder for me but I keep doing that. It is not easy and that is why I hope bitcoin goes up a lot to help me a bit.

Just know that in life, you can only try your best but don't kill your self trying to help people but if you must even help them, help them by learning how to earn by themselves because the money you give to someone finish even before they know but if they earned that money on their own, the rate at which they spend it will be different because they work for it and they will spend it with sense and not squander everything you gave them.

As holding Bitcoin, it's a good idea but having that as alternative to change things will only hurt you. If Bitcoin doesn't pump, that means your problem will remain where they are and it become difficult to resolve because the hope is dead. It's better to seek for alternative while waiting for Bitcoin to appreciate, everyone is just optimistic about market right now but nothing tangible yet.


Title: Re: Invest on your dependants if you too must grow further
Post by: Distinctin on May 10, 2024, 09:35:49 PM
If you want to keep yourself successful, you should also make people around you self-reliant. Because it is not possible to maintain a good position by earning a single income in the family. Because it is difficult to manage a family with a single income in today's era.  If everyone in the family earns, then it is easy for everyone to maintain it. Also, if everyone around you is poor, if you alone are rich, it is not possible to maintain that wealth for long.
Yes, what you said is very true. If we want to continue to be successful, we must be able to make the people closest to us become more advanced and have good thoughts about finances. Because if you are the only one who is the backbone of income generation in a family then whatever wealth you have will not last long.

So, according to the title written by the OP, make your dependents an investment for the future. It's not just about money but also education and knowledge. Teach them to earn money, not give money because this will make them not develop and even tend to be lazy.
By making them more financially aware by teaching them to earn for themselves, and not just rely everything on you, you are developing them as productive earners that can build their financial success and independence in the future. With that, you are not the only one working to generate more money, but even theirselves as well as you can all work hand in hand to create progress and productivity when it comes to financial aspects. Two heads are better than one as they say.


Title: Re: Invest on your dependants if you too must grow further
Post by: Wakate on May 10, 2024, 09:50:05 PM
I think in Africa, there’s a stronger will on supporting family members and lifting each other up financially. There are other cultures who do the same but that of Africa seems to stand out to me. But despite what culture it is, it is a good thing to yourself, the society, and the world at large that you can empower others to be able to provide and cater for themselves and not just depending on you. This can go as far as breaking cycles of poverty.

You're right. Here in Africa, there's is always dependents on the breadwinners and at some cases of having that much of responsibilities, it could, cause setback from meeting with the height of a financial goal.
That's why i clearly stated it that we should invest in how to create productive means of earning to those our relatives if there comes an opportunity because if you're limited to those responsibilities, it's like you've just offloaded those barriers delaying your forwardness.

An artiste sang “it’s like flying first class on a crashing plane”; you’re all going down. Thinking of this topic the lyric makes sense because it is the exact case. But on the other hand, if you consistently try to help and the recipient is unserious, don’t beat yourself up. I believe that in the end, everyone has their responsibilities and no one would leave their to completely chase another’s.
No matter how rich we are, we are live among the poor that means we are poor too. It is best for us to change people around us so that would not always come to us and beg for money and funds to take care of themselves. We can always change the mindset of people around us to always work and make sure they have a better lives nit trying to see them begging us for money. We are born to lift each other life and that is how it is supposed to be. We can help people so that they can work and make their own money without coming back to us to keep asking for aid.


Title: Re: Invest on your dependants if you too must grow further
Post by: MissNonFall9 on May 11, 2024, 11:19:14 AM
If you want to keep yourself successful, you should also make people around you self-reliant. Because it is not possible to maintain a good position by earning a single income in the family. Because it is difficult to manage a family with a single income in today's era.  If everyone in the family earns, then it is easy for everyone to maintain it. Also, if everyone around you is poor, if you alone are rich, it is not possible to maintain that wealth for long.
Analyzing the history of the births of famous people in the world, it can be seen that most of them came from famous places. So to be economically self-reliant we have to make everyone around us employable, there is no alternative. Therefore the same characteristic is noticeable in a family, such as if a person is the only earner, the financial pressure on him is much more than another earner in that family. So if we want to grow up we have to create another income earner in our family.

Growing up is an action that happens faster sometimes alone and sometimes all together. Everyone's goal is to increase their current income and help those around them live a better life. To do this, the number of income earners needs to be increased.

Sometimes, investing in education or something else for a while may cause the person you invest in to earn income. Even a small positive impact we can make on the people around us will be beneficial in the future.
According to McGregor's Theory Y, people are naturally work-loving, and love work for development in life. So if we can do small and positive things for those who depend on us or around us, they will influence the economic development along with their lives. But McGregor's Theory X must also be taken into account. There is no need to help those who will not understand the meaning of the help and will be critical.


Title: Re: Invest on your dependants if you too must grow further
Post by: legendbtc on May 11, 2024, 12:27:15 PM
If you want to keep yourself successful, you should also make people around you self-reliant. Because it is not possible to maintain a good position by earning a single income in the family. Because it is difficult to manage a family with a single income in today's era.  If everyone in the family earns, then it is easy for everyone to maintain it. Also, if everyone around you is poor, if you alone are rich, it is not possible to maintain that wealth for long.
Yes, what you said is very true. If we want to continue to be successful, we must be able to make the people closest to us become more advanced and have good thoughts about finances. Because if you are the only one who is the backbone of income generation in a family then whatever wealth you have will not last long.

So, according to the title written by the OP, make your dependents an investment for the future. It's not just about money but also education and knowledge. Teach them to earn money, not give money because this will make them not develop and even tend to be lazy.

I don't know what it's like in your country, but in my country or in my family. It is very rare for people to be dependent, lazy, and leave the job of earning money to support the whole family to just one person in the family. People always want to make money with their own hands, so I think we try to teach others how to make money so that they do not become a burden to us, thinking that they are hindering us. It's like we're looking down on them, looking down on our loved ones.


I also taught my younger brother the businesses I was doing and investing in bitcoin. But my goal is for all my relatives to have a richer, happier life. I never thought of them as a burden or an obstacle to my success. If we think our loved ones are holding us back just because we are responsible for providing for them, what about our aging parents? These people sacrificed their lives to raise us and now we abandon them when they get old just to chase wealth? In addition, what guarantees that if you don't have to take care of and provide for your family, you will definitely become rich and successful?


Title: Re: Invest on your dependants if you too must grow further
Post by: Alpha Marine on May 11, 2024, 02:53:09 PM
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.

This is something a lot of people don't understand. They like it when they're the only successful one around and every one else is depending on them. It will get to a point when you'll get tired of helping because they'll keep coming for more. The best thing is to establish them by investing in them so they'll be able to take care of themselves.

In my opinion, human development is the only way to develop a region. Infrastructure is good, but what good is all the infrastructure if the people can't afford them. When the people in a region are developed in several areas, it makes it easier for them to develop others.
The same thing applies to a family. If one person alone in the family is wealthy enough and every one else depends on him, what he should do is develop others so they can in turn develop others and that's how the family becomes a successful family. Most wealthy and successful families we see today started from one or two people many years ago.


Title: Re: Invest on your dependants if you too must grow further
Post by: Patrol69 on May 11, 2024, 03:39:00 PM
Those who have full responsibilities of a family but fulfill those responsibilities and meet the entire needs of the family and then plan investment or savings with the remaining portion. A person may have more family needs and may not have the opportunity to invest by meeting the family needs, but there are many investors who spend relatively less money on the family and try to invest the remaining money for the future. We must not only plan for the present, we must plan for the future in addition to planning for the present. If we don't plan for the future from a good position now and don't invest or save, then in the future we may fall into a financial crisis, so we should think about these things in advance.


Title: Re: Invest on your dependants if you too must grow further
Post by: Mrbluntzy on May 11, 2024, 03:52:38 PM
If financial responsibility is only placed on one person in a family, it doesn't really go well with that person and the best way to ease off that streets is to empower some of your relatives or siblings so that they can also learn to make their own money instead of depending wholly on you.

For a relative or family member that is wholly dependent on you for every financial responsibility, the best way to offer help is to assist the person exterblish a source of income for themselves and not for you to always gift them money for personal use. Instead of you to always gift money to someone, also teach them how to make the money. Investing in other family relatives that is depending on you for financial help means that you are lifting your self off from financial strain.


Title: Re: Invest on your dependants if you too must grow further
Post by: Jody.Drummer on May 11, 2024, 04:03:05 PM
Yes, what you said is very true. If we want to continue to be successful, we must be able to make the people closest to us become more advanced and have good thoughts about finances. Because if you are the only one who is the backbone of income generation in a family then whatever wealth you have will not last long.

So, according to the title written by the OP, make your dependents an investment for the future. It's not just about money but also education and knowledge. Teach them to earn money, not give money because this will make them not develop and even tend to be lazy.

I think we can help them to progress further by advising them to do the best for themselves, such as having a decent job to make money, giving them support to continue working so they don't become lazy. basically we will have our own family which we have to be responsible for, so we should be able to work on what we want, what's more, we definitely have a desire for something that must be achieved and of course we have to do it ourselves so that it can come true. Even though there are several people who are the breadwinners of the family, I'm sure it's not because they like doing it, it's just that maybe there's no one else they can rely on other than themselves, so like it or not, they have to do it.

It's true what you say, teaching them how to make money is one way to help them. doesn't mean they have to continue to depend on us forever, if they just keep giving money it will make them lazy, maybe they will even think that they don't need to work because there are people who always give them money, of course that makes them comfortable, I'm a very good person. it's easy to feel sorry, but sometimes I do things that are not in accordance with what I feel, where I could help him financially but I don't because I have helped him financially many times, and I think he has become comfortable with what I do, so he didn't feel awkward when he asked me for financial help.


Title: Re: Invest on your dependants if you too must grow further
Post by: Bravut on May 11, 2024, 11:06:02 PM
You made a  valid point OP. Aside investing in dependants, investing in people pays off as far as, they have a skill or knowledge about something level it up for them, give them that platform you benefit from it.

Also helping those depending on us is the best way to ease the any possible financial burden as well as make them independent. This way you create an avenue for growth and  cooperation. If we observe UAE brothers or Muslims especially why they grow is because of the empowerment among themselves and they leverage on partnership.

Don't give them the fish, teach them how to fish.


Title: Re: Invest on your dependants if you too must grow further
Post by: STT on May 11, 2024, 11:29:55 PM
Family business also has tax advantages in most countries which is vital for capital gains especially.  I agree with the point about educating your own family with the family business as it creates strength and stability from multiple people able to do the same job and share the load amongst them.  Its something I see in certain communities that the whole family helps towards making the business as reliable and capable as possible, also having your business so close to home saves alot on the costs of recruitment and commuting, all other extras that weigh down most business.

Employment and finding enough reliable people alone is a big cost, I used to work for a temping agency which charges 100% on the wages for their own fees in vetting all the employees, thats a big burden that can be avoided if able to resource from within your own family.  A small business has a large advantage in its dynamic capabilities, big business has the scales of economy from its size but thats always everything in success especially some sectors.


Title: Re: Invest on your dependants if you too must grow further
Post by: G_Besar on May 11, 2024, 11:48:09 PM
An artiste sang “it’s like flying first class on a crashing plane”; you’re all going down. Thinking of this topic the lyric makes sense because it is the exact case. But on the other hand, if you consistently try to help and the recipient is unserious, don’t beat yourself up. I believe that in the end, everyone has their responsibilities and no one would leave their to completely chase another’s.
That is true and also quite reasonable because basically everyone will fulfill their respective responsibilities in any case without caring about other people's responsibilities. And it is things like that that have made each person to give birth to thoughts that are more suitable for themselves without having to think about how other people's thoughts are carried out. Apart from that, it would also be a bit ridiculous if we could fall simultaneously in the same place because we boarded the same plane as you say in the lyrics of the song.


Title: Re: Invest on your dependants if you too must grow further
Post by: oktana on May 12, 2024, 11:47:55 AM
An artiste sang “it’s like flying first class on a crashing plane”; you’re all going down. Thinking of this topic the lyric makes sense because it is the exact case. But on the other hand, if you consistently try to help and the recipient is unserious, don’t beat yourself up. I believe that in the end, everyone has their responsibilities and no one would leave their to completely chase another’s.
That is true and also quite reasonable because basically everyone will fulfill their respective responsibilities in any case without caring about other people's responsibilities. And it is things like that that have made each person to give birth to thoughts that are more suitable for themselves without having to think about how other people's thoughts are carried out. Apart from that, it would also be a bit ridiculous if we could fall simultaneously in the same place because we boarded the same plane as you say in the lyrics of the song.

About the song lyrics, the point there is that assuming we are siblings, we are all on the same plane and one person can’t pilot it, it has to be teamwork. If I need money, I’ll come to you for help and you can’t keep helping forever cause you will be providing for too many people. If you won’t help me learn to make money, you will give till you crash. So it’s just you having so much money when the problems of other will crash the plane because you can’t carry the weight of it all.


Title: Re: Invest on your dependants if you too must grow further
Post by: Strongkored on May 12, 2024, 12:36:16 PM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.
Being the breadwinner in the family and even being the only person who can earn money at that time is not an easy thing to accept because all the burdens in the house will depend on you, and this often happens in poor and developing countries because it is difficult to get a job, so it is something that is common, making them independent so they can also earn is a much more difficult thing because they may think that we don't like being the breadwinner in the house, but I agree that this must be done, because with more people they can earn in one house, the family's economic future will be much better because they can manage things well, including investing.


Title: Re: Invest on your dependants if you too must grow further
Post by: Ndabagi01 on May 12, 2024, 03:50:18 PM
I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

This is more prevalent in Africa because of the mindset that the people from onset about their beliefs, superstitions or cultural practices. The first child of the family are most times the only one privileged to go to school and attain higher success than the rest, in return, he/she has to be the provider and dependent of the family which in most cases when they’re overwhelmed by too much expenses, they end up not fulfilling their promise and what they’ve earned can’t be taken back again.

It is good to raise those around you so that they don’t become dependent on you and the idea of sponsoring only one person to school for others to be reliant on them is no more working since there’s no availability of work even after school and you’ve to struggle also to earn a means of living through the hard economic conditions. Those without western education are even becoming more successful than those that went to school. When you follow a system that you don’t need dependency on any other system, you’ll prevail than those that depend on that system to survive.


Title: Re: Invest on your dependants if you too must grow further
Post by: CryptoHeadlineNews on May 12, 2024, 11:03:25 PM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.
Yes, I totally agree with you on what you just said above about how good it is to optimize making provision on your dependant, because doing well alone as the breadwinner of the family is never the best financial decision to make, because just as it said that a tree can never make a forest, so can a single breadwinner satisfy everybody at everything, Hence, it's important teaching people how to be financially free.  Hence, if you are opportuned to engage your family members to be all financially buayant it else the burden off your shoulders.


Title: Re: Invest on your dependants if you too must grow further
Post by: Smartvirus on May 12, 2024, 11:35:16 PM

I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

Perhaps Africans have such a vision as a cold calculation about not being dependent on those people to whom they, in principle, owe. But in my country, there is a slightly softer definition of everything that the OP wrote.
The fact that parents should raise their children, teach them, and give them an education, the value of which children will understand when they become adults, is natural! This is normal, and this is correct. Telling children they are dependents? No. It was you who gave birth to them. And you owe it to them. And if children grow up to be slackers, it’s again your fault, not theirs.
Family involves relatives, and what kind of family relationships you have will be visible in the children you raise. The more successful they are, the more you realize that you gave them everything you had to give, namely love and the desire for a better life for them.
Dependency might be the word but, duty or obligation over rides it when it comes to the children you’ve got. Your job can never be referred to in that context and having a child means, it’s in your place to teach to that child all that he or she needs to survive in the real world as an adult and what ethics to live by. Let’s not forget, these little ones come to us as clean slates and begin to learn and unlearn through different thought patterns which involves mimicking what they see and hear as well as I been directly taught to them.
So also is the means to define what is important and not, how to be financially responsible for one’s self and the people around them. At some point in life, your ward gets to try being his or her own person and then you would find out what jobs you might have done well or not.

When it comes to friends and other family relatives, yes, it’s also a case of having to teach them what means it would be to fbe financially stable. A tree doesn’t make a forest they say and if all the birds in the forest are to nest on a single tree, you would have a sick tree that would weirder and dies. So does a human that doesn’t care about enriching his or her circle, you don’t get to grow financially as you directly or indirectly become responsible for a whole lot of individuals.


Title: Re: Invest on your dependants if you too must grow further
Post by: GigaBit on May 13, 2024, 06:51:10 AM
If you want to keep yourself successful, you should also make people around you self-reliant. Because it is not possible to maintain a good position by earning a single income in the family. Because it is difficult to manage a family with a single income in today's era.  If everyone in the family earns, then it is easy for everyone to maintain it. Also, if everyone around you is poor, if you alone are rich, it is not possible to maintain that wealth for long.
Analyzing the history of the births of famous people in the world, it can be seen that most of them came from famous places. So to be economically self-reliant we have to make everyone around us employable, there is no alternative. Therefore the same characteristic is noticeable in a family, such as if a person is the only earner, the financial pressure on him is much more than another earner in that family. So if we want to grow up we have to create another income earner in our family.

Growing up is an action that happens faster sometimes alone and sometimes all together. Everyone's goal is to increase their current income and help those around them live a better life. To do this, the number of income earners needs to be increased.

Sometimes, investing in education or something else for a while may cause the person you invest in to earn income. Even a small positive impact we can make on the people around us will be beneficial in the future.
If a person only wants to grow up alone then he can grow up but there is nothing good in that achievement. Moreover, if one thinks only about his position without observing the situation of the people around him, then he will be considered selfish. In most cases if the number of earners in a family is less then it is natural that the pressure on the earner will be more. He will not be able to fulfill his duties well to everyone. Moreover, in a family which has more members but less earner always lives under stress which increases over time until the number of other members start to earn. A person is judged by his actions. If one can devote himself to the needs of others and stand beside others when need, then those individuals can be benefited.


Title: Re: Invest on your dependants if you too must grow further
Post by: MissNonFall9 on May 13, 2024, 04:47:10 PM
If you want to keep yourself successful, you should also make people around you self-reliant. Because it is not possible to maintain a good position by earning a single income in the family. Because it is difficult to manage a family with a single income in today's era.  If everyone in the family earns, then it is easy for everyone to maintain it. Also, if everyone around you is poor, if you alone are rich, it is not possible to maintain that wealth for long.
Analyzing the history of the births of famous people in the world, it can be seen that most of them came from famous places. So to be economically self-reliant we have to make everyone around us employable, there is no alternative. Therefore the same characteristic is noticeable in a family, such as if a person is the only earner, the financial pressure on him is much more than another earner in that family. So if we want to grow up we have to create another income earner in our family.

Growing up is an action that happens faster sometimes alone and sometimes all together. Everyone's goal is to increase their current income and help those around them live a better life. To do this, the number of income earners needs to be increased.

Sometimes, investing in education or something else for a while may cause the person you invest in to earn income. Even a small positive impact we can make on the people around us will be beneficial in the future.
If a person only wants to grow up alone then he can grow up but there is nothing good in that achievement. Moreover, if one thinks only about his position without observing the situation of the people around him, then he will be considered selfish. In most cases if the number of earners in a family is less then it is natural that the pressure on the earner will be more. He will not be able to fulfill his duties well to everyone. Moreover, in a family which has more members but less earner always lives under stress which increases over time until the number of other members start to earn. A person is judged by his actions. If one can devote himself to the needs of others and stand beside others when need, then those individuals can be benefited.
Humans are social creatures walking alone is not possible or comfortable for any normal human being. So he prefers to form a family in groups. Likewise, it is common for people to find it relatively difficult when taking on family responsibilities alone. If a person gets another earning person next to him he will feel comfortable there too. Thus we can build our family environmental and financial environment in our own hands while going through life.


Title: Re: Invest on your dependants if you too must grow further
Post by: sekalitas on May 16, 2024, 08:05:07 AM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.

If you're too proud of yourself, delightful and relaxed without being bothered on how to ease your responsibilities within your home when  you've the capacities to lucrate everyones minds by introducing them or encouraging them on how they can also breakthrough their financial reliances, you'd either end up struggling to have more values to your finances or your relentness engagement on always being the provider could picture you as one of a kind who have the potential to elevate others but chooses to let everyone settled beneath your foots which can actually inspire some negative thoughts on people envying your success.

Buttressing the whole fact, to help people of your responsibilities in staying financially reliable when you've the capacities would as much reduce the level of your expenses with the people in concerned and would enable you to flexibly focus on your personal issues hopefully in your projects of gaining more wealth and enlarging your incomes.

I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

I  agree with your perspective. As the saying goes, "Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime."  Empowering our family members with the skills and knowledge to be self-sufficient financially is a far more sustainable and impactful approach than simply providing for their immediate needs.

One valuable lesson we can impart is the power of delegation.  By learning to delegate tasks or even hire others to do certain jobs, we free up our time and energy to focus on activities that generate more income. This mindset shift, away from the belief that we must do everything ourselves, opens up new opportunities for growth and success.


Title: Re: Invest on your dependants if you too must grow further
Post by: Dailyscript on May 16, 2024, 05:29:16 PM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.
Yes, I totally agree with you on what you just said above about how good it is to optimize making provision on your dependant, because doing well alone as the breadwinner of the family is never the best financial decision to make, because just as it said that a tree can never make a forest, so can a single breadwinner satisfy everybody at everything, Hence, it's important teaching people how to be financially free.  Hence, if you are opportuned to engage your family members to be all financially buayant it else the burden off your shoulders.
It is indeed a smart move to invest on people who rely on you. A man who is wise should always understand this that everyone that comes around you or benefits from you should one way or the other contributing something important into your life. It shouldn't be a criteria but you can make them be useful to you without them noticing. If we do not want to invest in them we can possibly give them a task to do which might have take more time from us if we do them. Time is money and the more time we have the more money we can make.

One simple step to do this is to teach them how to make some money or set up a business that they would be managing for you so that they are not only dependent on you but they are working for you and your paying them which is fair enough.


Title: Re: Invest on your dependants if you too must grow further
Post by: Freeesta on May 16, 2024, 05:56:21 PM
It is certainly necessary to help dependents find their way in life and be able to earn money. Various events happen in life and you should always be prepared for the saddest ones. Your family will not be able to survive in this world if it does not know and be able to earn money for itself. If you have the opportunity to help some members of your family start their own business, it will be very good. Unless they're old sick people...