Running an entrepreneur is not as easy as one might think. because we as our own boss have to think about many things. And the income earned is not consistent every day or every week or every month. But in entrepreneurship we feel a sense of freedom. and we are not under the pressure of others.

and if we are an office worker. Of course we have a fixed and consistent salary. but every day we will feel pressure from the boss of the company. and we feel life is deprived of freedom.

so between entrepreneurship and being an employee of the company has a less and more side of each. all have their own advantages and disadvantages.

so stay grateful both we as entrepreneurs and as office employees.

when our income is difficult to meet daily needs. So what you have to do is look for additional income. looking for alternative paths without having to leave the work being undertaken. both as entrepreneurs and as office workers.
now in this modern era more opportunities to find additional income. like being a youtuber etc.

increase revenue certainly must be done. because we certainly want progress in everything. and included in the income. Of course we want an increase every time. so that with income that continues to increase, it is hoped that it will be easier for us to save and the amount that is saved can also be more from time to time. so that we become one step faster to achieve dreams.

One of the things that can damage financial management in every individual is because they are accustomed to debt. like buying things with a credit card. sometimes it makes us out of control. so that financial plans often become out of control. and indeed it is better to buy something with no debt. ie by paying directly. because debt should not become a habit.

and it's true that saving fiat sometimes makes it easier for us to spend it. so it's wasteful. so it is better to save in investment either by buying property or a plot of land. which has the potential for prices to continue to increase every year.

that's right mate. usually people who only pursue wealth without caring about their own health. they will usually be aware when their health has been felt to decline. and that's when they'll regret doing it. may we not become so greedy for wealth that we neglect our health. because health is much more expensive. even everyone would dont want to trade their health for money. because basically everyone knows that health is much more valuable. but it is greed that has blinded their hearts so that they forget their health and prioritize wealth. This is where the need for balanced and frugal financial management is not excessive.

health must be prioritized. because even if we become rich in the future. but if we have health problems then of course we can not enjoy wealth perfectly. so you are absolutely right. that setting aside for health and all things related to relaxation and reflection, entertainment is also necessary to maintain physical and psychological health. and save as much as you can and don't push too hard. because something that is forced will produce a mental pressure that makes life less happy. keep enjoying life and also save as much or as much as you can.

correctly. adjustments are also needed here. and that's where it's useful to record every income and expenses we regularly. so it's easy to set the amount that can be saved to achieve the dreams you want to achieve. and how much time it will take will also be seen.


If we don't have motivation like ideals. so sometimes we forget the importance of a savings for the future. but the biggest motivation is when it comes to our family. like a father who has a child. and the father aspires to give the best for his son's future. Usually people like this always work hard and will be diligent in setting aside money to save or invest. for their future child or family. so really look for an important thing like a dream to grow motivation in yourself.

I think it is much more important to master market analysis such as chart patterns and so on. because if we do not master this, then how will we determine when to enter and when to leave. Financial management is the second most important thing. such as determining the limits of losses and profits. and purchase limits and so on.

these two things are very important. but because it's a matter of trading. then understanding the science of trading should be the main thing. and followed by other important things.

For some people frugality is very difficult. because everyone's needs are different. and sometimes the cause is a balance between income and expenses. so for example when we receive a salary of $ 250 USD per month and it turns out that our expenses are $ 250 USD per month. then of course the money we receive from the salary will run out and only enough for a month.

maybe these tips only apply to some people and not to some people. because I know everyone's income is different and everyone's needs are different.

The following are tips that I usually do in saving my finances so that they are more effective and can be set aside for saving or investing.

1. Must take note and calculate our income and expenses regularly and consistently every month or week.

this is necessary in order to start saving by looking at our financial condition. and evaluate whether our spending has been done effectively or not. and measure how much we can save later.

2. Buy only what is needed, and put aside the things that are only wanted but not needed.

 so after seeing our financial income and expenditure records every month. so from here we can start analyzing what things we have bought so far that are only based on desires and the things we buy based on needs.
and from here because we want to save money then make our priority only to buy what is needed. and we reduce the things we want but don't really need.
well the result of doing the first step will be useful here.

sometimes people spend more money to buy the things they want regardless of whether they are really needed or not. and sometimes people prioritize wants over needs.

So from here we change the concept of making needs a priority. so we can reduce expenses by not buying things we don't need.
sometimes this step is the most difficult. because it requires a high level of commitment.

3. make the allocation of funds
because we already know which things are needed each month. from here it is necessary to make an allocation of funds so that the effectiveness of the money spent is more allocated.

4. Stay away from excessive lifestyle (excessive luxury) and try to live with a minimalist lifestyle. as usual you usually order fast food. well from here you try to make more of your own cooking. (this is only done by people who are not busy). because sometimes when we pay $5 dollars for a serving of ready-to-eat food for one meal. so when we spend it on fresh ingredients that we cook it can be enough for several meals. (optional)

5. Make a goal (dream to be achieved) to make yourself more motivated.

6. Start saving and investing the money earned from frugality.

7. Pamper yourself with the specified time portion.
sometimes we need entertainment and fun. so if we usually do it often, for example every week. then make it once a month. because too much frugality can also make us stressed. then entertainment is needed here. provided that the entertainment is not excessive. because if we overdo it even our money can run out overnight.

simple life but still fun.

maybe you can add tips from your experience all.

Thank You.

Am I the only one here who feels that every time I hold fiat money, I become more wasteful?

sometimes every money I withdraw from an ATM (cash) is easier for me to spend. because here there are more shops that only accept fiat cash and do not accept payments via digital (ATM and crypto).

then I only withdraw the money that I will spend to make ends meet. and the rest I save by not withdrawing it at all. sometimes i save in stablecoin and then i stake it to grow.

I've read about this. even now bitcoin mining with environmentally friendly or renewable energy has been widely applied. so this is nothing new. and it is for this reason that bitcoin mining is in no way detrimental to the climate. But sometimes the news always corners bitcoin. make him a scapegoat.

people are starting to realize the benefits of bitcoin and the freedom it offers. because even today the local currency is affected by inflation and subsequently by a recession as the value of the euro continues to decline towards the dollar.

investing in crypto may not have a direct impact on a country's economy. But it's a different story if a country has implemented a tax on crypto trade and investment in that country. because if the crypto tax is already in effect in a country, the more people who invest in crypto in that country will increase the country's national income from trade taxes or the crypto exchange itself.

and the fact "The more citizens who invest in a country then it indicates an increase in the level of the economy in a country itself." because it signifies the welfare of citizens so that they are still able to set aside money to invest.

and if it is in terms of investment broadly in all fields then it will greatly affect the national income. because investment in the form of increased investment will have a positive impact on the production process in an increasingly active business. and it will also have an impact on increasing household consumption. so this will clearly build the economy of a country.

it will be very crowded if we live where bitcoin is prohibited in that country. because if caught using it then we will face complicated problems with the law. I'm still lucky to live in a country that doesn't totally ban bitcoin in its use. it's just not legal for payment. but for those who live in a country that strictly prohibits bitcoin, the only step that can be taken is to maintain confidentiality. be anonymous.

When zimbabwe gets to that stage. then it proves how severe the inflation rate in the country is.
and that is very concerning.

Because if the inflation rate is still at a moderate level, then steps such as using gold coins will definitely not be carried out. zimbabwe has come to the point where using gold coins is proving the value of its currency has really collapsed.

Meanwhile, if a country is affected by moderate to low inflation, the following things are usually done to overcome inflation:

1. Fiscal Policy
This fiscal policy is similar to that carried out by developing countries when facing inflation because this fiscal policy itself is related to the entry and exit of a budget in the government. This fiscal policy is carried out by
- increase tax rate
- reduce government spending,
- and make loans.

2. Monetary Policy
This policy is carried out by means of increasing or decreasing the amount of money in circulation. It is hoped that this step can maintain monetary stability with the aim of improving the welfare of the people in the country. another way is by carrying out operating policies on the open market. that can be done by controlling the money supply.

3. Non-fiscal and Non-monetary Policy
This policy is carried out in several ways, namely:
- Increase production hasil
- Facilitate the entry of imported goods
- Stabilize people's income
- Set the maximum price
- Supervision of goods distribution

But the steps above have been taken by Zimbabwe, but because of the severe inflation there, the step of using gold coins is a tough choice that they have to take. I myself wish the best for all countries that are currently experiencing an inflation crisis.

Naturally, those who panicked were those who bought at ATH $60,000. But my advice for those who buy at ath is to remain patient and refrain from selling your assets. because if you sell now then you are in a big loss. unless you know for sure there will be further declines and you will be ready to buy back from the bottom. but if not sure then be patient. everyone panics but few have the patience. those who throw btc at current prices are those who panic and have no patience.
and I personally see the current price is not the time to sell but more suitable to buy little by little. Analyze yourself and don't trust the fud that is stocked. keep preparing for the worst because a decline could still occur.

it is not justified to give financial advice regarding which investments to enter to others. And conversely, we should not immediately accept financial advice from others. Doing your own analysis is the best thing. be more confident and don't let dependence on others become a habit.

I have never. but interested in doing so in the future if any shop writes that it accepts bitcoin or cryptocurrency payments. Honestly, I was a little stressed when I first sold my crypto on an exchange and exchanged it into fiat or my country's money, because when I was about to make a withdrawal to my bank account it turned out to be a pretty big fee cut for me. At that time I had a slight need of about 5-7 US dollars and when I was going to withdraw to my bank account it turned out that the fee that was cut was also almost 2 US dollars. Ah, it's very annoying when the money to be withdrawn is small and is used up by fees. maybe if I withdraw a lot then it won't be a problem with such a big fee cut. so I also think it would be more practical if there is a need in small quantities we shop using direct payments with crypto. whether it be with bitcoin or something else. because the fee will not be too large when sending directly from a personal wallet.

Is there an exchange where fiat withdrawals to bank accounts have very low fees?

thanks to the OP for creating this topic. this is very useful for me who is new to crypto. I have learned from the content and replies in this topic. at least this provides an overview and experience that I can use as a lesson and reference to start my trading in crypto.

maybe this method is what i need. i am new to crypto trading. I will learn more about this DCA method.
like this can minimize mental pressure when prices fall. because it will open up new opportunities to buy again at lower prices.

I always try to save. even if it's a little of my income. because I want to live independently in the future. and not bother my parents.