In economics, we really have to be independent since we graduated from school, whether it's school or college education. we are forced to have to work and save in preparation for our mature future, especially at the age of 25-27. Not a few also start their own business with the hope of success at the age of 30-40.

But that's all just theory, in practice in the real world it sometimes doesn't work out like that because sometimes there are boy who are already independent at the age of 20 or even 17 years, sometimes there are also those who are late by the age of 30 and are only independent. And our parents also don't force us to do it all, even though we are already successful, our parents will still want to give us because it is instinct.

It is now 2023 but the lingering effects of the ukraine-russia war are still being felt. What was most felt from the impact of the war was the rising fuel and in the end it also affected other basic commodities. Maybe everyone already knows that because they feel the impact, but what makes me confused is why until now the price hasn't come down?

There has been no official survey from journalists or media compatible with that. However, from the news that appears in various media, money the real root of all evil, such as corruption, theft, tax evasion, money laundering, bribery, hoarding of goods in order to obtain more profit, still occur frequently and can be categorized as money the real root of all evil or by goal is to earn more money.

No matter how much savings we have, eventually it will be used. But the intent of this topic may not be used to meet needs and if you read the tweet, it emphasizes more on how we manage our savings to become a business, or passive income which makes us get money that is even much bigger than the savings that we start before. but most people are afraid to use it, so that person likens "a person dies in the desert while carrying many bottles full of water".

But I always have something called untouchable saving, which means it's really special savings for emergencies. and we all have to remember that having untouchable savings is especially important for unpredictable emergencies.

Come to think of it, I prefer commissions because we can get a bigger income if our work succeeds in exceeding the target set by the company. Whereas if the salary, wheather the job target is fast or not, it doesn't make us paid more but can be cut from manager if our work is late.

Passive income is indeed everyone's goal to enjoy the results of hard work at a young age, then the business runs smoothly without the need to work in it. That's what you mean? Yes, it will be very nice when a writer, songwriter, artwork, get royalties for their hard work even though it has been going on for years later.

Then our task now is to find out what can be used as passive income for at least the next 10 years? considering that almost all business sectors are full of new or old platforms.

I started to think the business of developing organic farming on a large scale could be a good opportunity.

Yes, a side job can be very helpful if what we do doesn't interfere with our main job in terms of time, energy, and our head. For office staff, maybe they can still save some energy to do other work later. But if we talk about all the jobs (including heavy work such as carpentry, mechanics, construction), it will be very hard if you have worked all day and have to take care of other things.

For 1 : 1000 chances, yes.
For example, people who have invested in Bitcoin from a long time ago and finally sold it when the market grew big in the 2018 period. Then several people who were selected as developers of a coin which is currently in circulation and in high demand, can also be said to earn income from crypto.

But on a broader scale, for example people who suddenly come and want to try their luck in trading, investing, or even bounties/airdrops, I think it's too risky to only depend on crypto as a goal of financial freedom.

An explanation of how staying thriving in a low-income area is a way to survive. If it continues like that then it will be difficult for us to develop. The right way to grow is to take the risk to get out to a place with high mobility so that it can cover all aspects of the business that can be used as opportunities.

From an employee's point of view, a fixed monthly salary would be more convenient. If the salary is weekly, we might think about using the money faster that week and it doesn't feel like in a month we have almost no savings. And if the salary is a presentation of the work we do, it's like forcing us to work beyond the company's targets.

If you have a mature plan to open a business or use the savings to explore your potential, I think it's a good thing to take risks because you are still a student, not yet to be a husband and father.

There's nothing wrong with saving, especially if you think about an emergency that is not predicted. But managing that money so that it continues to grow is also very important.

Not necessarily stable
For example those of us who already have a monthly salary choose to do business outside of work, for example become a seller or whatever that is. Because we still have a main job, in the end we only think of the business as a sideline and don't focus full time there. It will actually lead to poor financial management of us. Let's say we spend money to start, but because we are still focused on our main job, our business ends up being abandoned.

But if the side job in question is trading or investing, we may still have plenty of time for that but the risk of loss is also haunting.

A very dark topic, but this is indeed the reality that is happening in underdeveloped countries and if you have read articles or seen on YouTube, one of them is Burundi. Small country with a high poverty rate.

When we talk about climate change and extreme weather, we cannot avoid it. But for some developed countries there must be a solution for that, for example gardening with the help of technology that can manipulate the weather.

But the problem is, how can these poor countries find solutions for themselves? I think the most appropriate step is for developed countries or rich countries to provide assistance to poor countries. Because poor countries have almost no way to solve their hunger problem because the economic circulation there is very limited, the exchange rate is low, and the wages of workers are also low.

There are still many obstacles that I still have to face. One of them is I'm building a marketplace website with the purpose is selling for myself and providing marketplaces from other people in the hope of getting fees from their transactions. If that has been achieved, I already consider my goal financially has been achieved and maybe that's what I would call financial freedom. But this hurdle is not easy, competing with established and well-known marketplaces, but I still believe I can do well.

If you all my friends are interested in visiting my website, please:
anzoel.com

I will continue to work at my main job (if I'm already working) because after all, what is called passive income sometimes doesn't always work continuesly. It would be wiser if we put passive income into our savings and we continue to work as usual or start a new business.

In my place where I live in a small village is currently starting to use a card to purchase fertilizers, and various farms equipment. Whether it is the government's move as a new technology or the government's move to reduce the purchase of chemical farming equipment, I don't know the details. But what is clear is that residents have been introduced to digital transactions. However, I agree that paper money may not be eliminated by the government because of transactions in traditional markets, and transactions with small amounts will certainly be easier to use paper money.

Broadly speaking, crypto has not had any impact on the global economy because so far crypto circulation is still within the scope of the digital currency market itself. Indeed, several countries are starting to become aware of the increasing circulation of cryptocurrencies that provide their local exchangers. But what the government is worried about is crypto trading and investment which is very volatile and risky, so several countries have decided to ban crypto.

Almost the same
Tt is very risky to save bitcoin if one day the price goes down, but you can still get profit if the price goes up.

Keep paper money at home, there is a risk of theft and if you save it in a bank, you can deposit and get some benefits.

But if we compare, maybe it will be more risky to save bitcoin

We can see media such as Facebook, Instagram, YouTube, they even have a special marketplace segment which makes it easier for users to access the marketplace between sellers and buyers and it's very easy. In my opinion there is nothing wrong if social media provides this segment because it doesn't eliminate the essence of social media itself as a medium for socializing online

I also don't have this kind of experience but at least I have friends who have been in this vicious circle. Loan money from a bank, when payment is overdue and he doesn't have money, he will loan money from another person or another bank to pay the bill, so he has 2 current bills. How to get away from it? I have 2 suggestions that might be considered:
1. Selling assets, whatever it is. Whether it's land, vehicles, luxury goods or anything that has a high selling value to cover all bills.
2. Loan again from the bank with a higher rate to cover the 2 bills earlier, even though in the end you still have bills but at least only 1 even though with a higher number too.