Land is becoming lesser and not very available for agriculture as before, There is a lot of Urbanization going on and many land space are being built on to carter for the increasing number of persons. There will be lesser organic foods available for consumption as the worlds population increase and farming space reduces. Because of this, there now has to be an improvement in farming methods and I personally consider vertical Farming to be the future of organic food farming. In vertical farming, Plants are grown in stacked layers under controlled conditions like green house farming. In vertical farming, Ensures Consistent Crop Production
One of the biggest benefits of vertical arming lies in the fact that it is extremely reliable. That means, when you opt for vertical farming, you can be assured of getting consistent crop production throughout the year. This is further made possible because vertical farming doesn’t usually rely on the weather, allowing you to cultivate crops without having to get worked up about adverse weather conditions.
Uses Space Optimally
Reduces Usage of Water
One of the biggest perks of vertical farming lies in the fact that it follows a Hydroponic growing process whereby only 10% of the water is used. This mode of farming also uses fewer fertilizers and nutrients when compared to conventional methods. Since the water is completely clean even after usage, it can be duly reused thereby reducing the total cost and cutting down on waste.
Cuts Down on Transport Cost
You can always choose to grow crops in an area where your customer lives thereby reducing transportation costs, carbon dioxide emissions, and the constant need for refrigerating your produce. At the end of the day, this not only contributes to the freshness of your products but also makes them incredibly profitable.
Doesn’t Involve Chemicals or Pesticides
When you grow food on a vertical farm, you have the chance of completely cutting down on the need to invest in pesticides. That is because your farming is practiced in a controlled environment that prohibits the entry of pests.
Limits Occupational Hazards
With indoor farming in place, no farmer is exposed to the hazards associated with using heavy farming gear. They are also well-protected from a range of ailments like malaria, issues from harmful chemicals, and the likes of it.Since this mode of farming does not affect trees and animals around inland zones, it is also an excellent way to promote biodiversity.
Larger Produce
Probably the biggest benefit of vertical farming is the fact that it helps produce more crops in general. As we already know, this mode of farming enables cultivars to produce crops consistently in a small area. Interestingly, it also boosts the amount of produce.
What do you think about Vertical Farming, do you agree that it is the future of farming really?
https://www.conserve-energy-future.com/advantages-disadvantages-vertical-farming.phpI agree that vertical farming holds promise, especially considering the future increase in population and potential reduction in available land for traditional farming. However, I have some concerns about the cost involved in setting up and running vertical farms, as well as the variety of crops that can be successfully grown in this way. For vertical farming to become a truly viable alternative, I believe it needs to be more cost-accessible and support a wider range of crops. |
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I would have posted this thread on my local board (Nigerian local board) but I didn't because both Nigerians and other countries can still benefit from this little business idea. The kind of business I want to share is what is called graundnut oil making. This business idea can help someone that doesn't even have a skill and someone that is not even educated, all the person just needs to have is the money to buy the manufacturing equipment that's all. With this graundnut oil making business, one can get the kind of life he/she wanted because the demands in this graundnut oil making business are a bit high. One can even start with a little money. However, this business is also an investment. If one can dedicate more time to it, he/she can benefit from it (can make it a company). this information shows how the demands of the graundnut oil is in my country today is. You can also watch a little on how to manufacture the graundnut oil, I can even invest more if I have this business and start making more money, so what are your takes in this idea? I appreciate your enthusiasm for the groundnut oil business idea, but I have some concerns. While I agree it could potentially help individuals with limited skills or education, I'm not sure it entirely eliminates the need for some resources and expertise. Remember, you mentioned needing money and equipment, which may require acquiring funding. Finding investors often involves strong communication skills, and market research demands a certain level of knowledge. Additionally, managing finances, sales, and other aspects of the business requires specific skillsets. However, I agree that groundnut oil has potential. Since palm oil is more common in my country, thorough market research is crucial to understand its viability. Perhaps we can explore options that minimize initial investment and leverage existing skills while addressing the skill gaps through training or partnerships |
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So, do you agree that radical changes are needed?
I've observed a common trend among people around me prioritizing spending over saving. They often spend their income on immediate wants, like frequent cafe visits, leaving them with little to nothing for saving at the end of the month. This suggests that the issue might not be an inability to save, but rather a choice to prioritize immediate gratification. Unfortunately, this can sometimes lead to lifestyle-related debt. I agree that our purchasing power has been declining, making home ownership a distant dream for many on minimum wages. However, renting isn't without its benefits, offering flexibility and potentially lower upfront costs. While I'm unsure if radical changes are necessary, I believe our generation can still achieve a fulfilling life by prioritizing needs over wants. By focusing on essential expenses and mindful spending, we can build a more secure financial foundation and create a future aligned with our values. |
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Cryptocurrency had their huge root in the many countries economy,now nearly 30-40 percentage of many country people using cryptocurrency for the trading,mining,digital marketing and investment.So at the end they are earning some decent income from the cryptocurrency.The impact of cryptocurrency in the developing countries was huge,because the unemployment and poverty was the biggest hurdle for the developing countries.
Unemployment:
The increase in population of the developing countries and under developing countries will leads to the unemployment due to human resource surplus.The freelancer of this country uses the cryptocurrency as the one of the income generating resource.
Poverty:
Poverty is based on the calorie consumed by the individual based on the food consumption.For the food the individual need of steady income to satisfy with the basic need.Now many graduate unemployed people using cryptocurrency in various form to make some money for the food.
Health,Education and Clothing also the important factor of the poverty determination.All this need of money which was created by the individual by using the cryptocurrency as a mode to earn some money.Let discuss about this factors.
Cryptocurrency offers enticing freelance opportunities in fields often requiring minimal skills beyond internet access. The potential for high returns compared to traditional 9-to-5 jobs is undeniable. However, the inherent volatility of cryptocurrency poses a significant risk of losing everything. Therefore, I recommend leveraging any cryptocurrency earnings to invest in upskilling yourself, like learning programming, which can lead to more stable and secure career paths. While cryptocurrency can be a lucrative income source, remember to diversify your investments to mitigate risk. |
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The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet. Just to imagine, I've been looking for an apartment for over 6 months and haven't found anything yet. Not only is there a very limited supply, but those available are either too expensive, poor, too small, or everything combined. Thus, this is creating a huge feeling of uncertainty, as time is running out and I need to get settled down. Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.
I'm not sure if anyone else feels the same, but this uncertainty with the increasing living costs and the ongoing rat race is causing me excessive stress. On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK). I'd be interested in remote working, but the economics field I've studied at university isn't in high demand for remote working, which often recruits IT workers and generally fields that require hands-on experience. As soon as I'm settled down, I'm considering taking up a data analysis course and finishing my master's degree in order to look for more opportunities abroad.
I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.
Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?
While I may not be the most optimistic person, I'm taking charge of my future by focusing on what I can control. Instead of dwelling on anxieties, I'm investing in myself by learning IT skills that open doors to remote work opportunities. I understand I can't control the demand or hiring decisions, but I know that upskilling myself increases my value and marketability. This way, when opportunities arise, I'll be ready! With rising living costs and stagnant salaries, it's important to be smart with our resources. We can minimize expenses by choosing public transport or walking instead of motorcycles, and finding affordable food alternatives that offer the same nutritional value. Additionally, dedicating time to upskilling ourselves opens doors to better-paying jobs. |
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Thanks for the tips! I especially like point number 4 about the 24-hour rule. Implementing this rule can help us minimize impulse purchases because within 24 hours, our excitement usually subsides, allowing for more rational thinking about whether we truly need the item. To add some tips, I think we can save more by utilizing coupons and taking advantage of flash sales when buying necessary items. This allows us to purchase needed items at a lower cost. |
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Financial education is a skill that is not been taught in schools, but to me it's the most important subject a man must learn in other to be financially independent.
This knowledge gives you smart money making decisions, and it improves your standards of living, It gives you priceless money management skill, you can't spend more than what you earn as a financial literate.
I still don't know why it's not been taught in schools up till now.
The rich dad poor dad by Robert kiyosaki explain all what it entails and the stability it gives financially.
While I was still in high school, economics was an optional class, meaning students could choose not to take it. In my country, we do learn about economics in school. However, I believe that financial education can be learned anywhere, not just in a classroom setting. In my opinion, parents are well-equipped to teach their children about finances, as they have the benefit of personal experience and can use their own money as a practical learning tool. Additionally, the internet offers a wealth of resources for those seeking financial knowledge. Given today's widespread access to the internet, students have the opportunity to independently learn about finances if parental guidance is unavailable. |
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So you make your own money and your own Community people all live Nice.
The issue is that poor people often lack the opportunity to create complex systems like that because they're focused on meeting their basic needs day-to-day. Before they can even consider building a system like the one you described for creating their own currency, their energy is already depleted from working to secure food. While I don't think creating their own currency is a viable solution, small-scale bartering might be an option. However, this could create new problems, as it would be similar to returning to the old barter system, which can make it difficult to determine the value of goods. Ultimately, I believe the best option for poor people is to invest in themselves through education, such as attending college, to gain skills and knowledge that can help them improve their circumstances. |
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Financial and economical capacity that is potentialed to enhance the society or regional welfares of the masses is primarily weighed by the individual capacities with the proportionalities dependencies of the individuals and the governments awareness, concerns and contributions to possibly achieved a stable and reliable productive economy prides.
It is true that the regulatory and economy optimization is the responsibility of the government but a fascinating economic infrastructures is more sufficient if individuals is inspired with the credibilities of what to the for the masses (government) and not relentedly relying on what the masses (government) would do for them.
This is also a call security being responsibilities of everyone individuals and not giving it all up to the governments.
Personally, I am inspired with an utmost believe that the ability to accumulate the energy and knowledges to achieve a goal is aspired by when an individual is independently reliable to itself without the reliances of hoping on someone else even though there is a reputable. The essence is that you stays mindedly and focus with the agilities to reach out to your goals and targets.
I couldn't agree more on the importance of self-reliance. Focusing on personal growth and developing our independence is crucial, ultimately making us responsible for our own lives. However, this shouldn't equate to complete individualism. As social creatures, many things are simply impossible to achieve alone. Certain matters, like those requiring governmental intervention or collaborative effort, necessitate reaching out for support and working together. Recognizing our interconnectedness strengthens our communities and allows us to accomplish far more than we could individually. |
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All i need Are one good person who actually knows btc prices so all i need is just to know btc price.
When i buy low sell high and same time i load up alt coins so i make huge money.
And world is kind of finances Crisis i better don't do btc money but working with btc but for this we need to know exacly btc price movements best If someone can teach me how to know btc prices or If not Im ready to Pay for it.
Im not here to gamble Im here to do sure money and for sure profit.
So this how my Life dream and yours Also nobody don't need to work If they know btc prices.
It's great to have dreams, but remember: any investment carries risk, especially cryptocurrency due to its high volatility. Predicting prices in this market 100% is impossible, and even professionals can be wrong. While strategies like pump and dump might work with large holdings, remember: losses are a possibility, not an exception. There's no guaranteed path to riches, and "buy low, sell high" is an oversimplification. Before investing, prioritize learning risk management. |
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Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
I share your enthusiasm for prioritizing investments, but before diving in, I believe building a solid emergency fund of 3-6 months' worth of income is crucial. This safety net provides peace of mind and protects against unexpected expenses. Once that's established, if your income still feels limited, consider investing in yourself through learning new skills or taking courses. This can potentially lead to increased income and open up better investment opportunities in the future. Remember, there's no rush to jump into volatile investments like crypto until you have a strong financial foundation. |
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People usually have the illusion that by saving money they are making a great deal, while in fact, the truth is that to save is nearly to useless when thinking on achieving financial progress in life. An independent middle class citizen, without the burden of a family on his back, can save enough money to buy the car of his dreams or the property he always desired living on, since he is commited to these goals, making a lot of effort and cuts on his expenses in order to accumulate enough money for that.
It's not easy, but not impossible, anyway. However, even though the system allows him to achieve those purchases, it doesn't allow him to maintain the patrimony and vehicle, because to possess such goods, someone has to pay yearly taxes to the government. The more expensive your car is, the higher the tax you are going to pay. The more expensive your house is and the best localized it is, the higher will be the tax to be paid.
To have to pay an annual tax for something you own and paid with your own money to possess is ridiculous...
This evil rigged system never allows a middle class hard working person to reach too further on improving his life standards. If he doesn't have a large income, he won't reach anywhere. To be a disciplined saver along decades of his life isn't enough.
Moral of the story: don't save money for more than one month. As soon as you accumulated some amount of fiat, put it into an investment and make it generate passive income for you, although you should avoid banking investments, since they usually pay below the inflation. Go for Bitcoin and assets when there isn't enough money to invest in something bigger. There is no assurance you will defeat the evil rigged system which smash common citizens, but at least you will be trying to overcome it...
I just want to add a little bit about it. Before diving into any investments, including crypto, it's crucial to prioritize an emergency fund. Aim for 3-6 months of living expenses to cover unexpected events like layoffs. With this safety net in place, if you have an average income, consider investing primarily in your skills and knowledge through courses or training. This can empower you to boost your earning potential in the long run. Allocate a smaller portion to other investments, like crypto, only after carefully assessing your risk tolerance and understanding the market's volatility. |
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Crypto investment vs real estate investment : Which one more dependable in the future
Though have been in the crypto space for quite some time now, I knew little about crypto. A friend of mine just introduced me to real estate investment.
Which one should I go for with a capital less than $2500?
If long-term stability defines "dependable" for you, real estate might be the safer bet. Its lower volatility translates to less risk compared to cryptocurrency. Remember, only invest in what you understand thoroughly. While cryptocurrency offers potentially higher returns, it also carries significantly more risk. So, only consider cryptocurrency if you have a strong grasp of its intricacies and are comfortable with its volatility. |
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i cant help. but seeing everything is in the rapid decline, I'm not know-it-all immortal being, but the rate of declining is insane. everyone treating life as YOLO, like the VIDEO GAME, where you can reset and replay the GAME again!
it is not real! the system clearly is getting glitched and out of control, I dont know what better words to describe this phenomena, education is on the rapid decline to a point it is like a city where simon quest occured, and the town is ravaged of gossip that is not true but a big LIES, such as "dont look at the death star or you would die!" the fittest survivalism is going full throttle, it is unbelievable some global power must be behind this insane decivilization, idk how they did so, they doing this virtually undetectable. can this be made into a film or into history chapter?
Or none of you have aware of what I'm talking about? it is scary moment I'm seeing something totally abnormal around me.
there is nothing I can do in real life, got totally silenced, this is where I can even sound my concern.
what I fear most is the lifespan would soon decline to cowboy age where average life of the peasant is about 30yo due to the poor healthcare and knowledge, also based on barbaric cowboy beating each other on street trying to impress girls.
It's like life cycles, isn't it? Some say "hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times." We're certainly in a time of easy access to information, with technology at our fingertips. From anywhere, we can get what we need instantly, almost effortlessly, thanks to AI. This convenience can lead to a desire for instant gratification, and we may skip researching information to verify its truth. We can become reliant on technology, rarely using our own critical thinking skills. This could potentially lead to a decline in our ability to think independently, and potentially, sooner or later, only be able to use technology but not to make it. However, it's important to remember that not everyone uses technology this way. Many people use it wisely and create positive things with it. Ultimately, it's up to each individual to decide how technology impacts their thinking and use it responsibly. |
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As day and night keep occuring, hustling to meet our needs is not negotiable as long as we still have an interest in living. Whether working hard or working smart, the primary and secondary goal is to have something that can aid our survival at the end of the day. No one is interested in how you made your money, just get your basic needs and live your life.
Accountability happens to be an important figure that indicates how well everyone makes use of the resources they have in their possession. Don't be surprised that some people who earn very decent amount still struggle to survive due to the inability to give proper account of how they've spent their money.
Below are the few reasons why personal accountability is important
1. It fosters self discipline in the areas of spending. Accountability sometimes teaches us how to restrain ourselves from our wants.
2. It creates room for investment through wise decision making. In this scenerio, we often consider investment rather than squandering funds.
3. It encourages the regular checking of financial growth, which help us to monitor our earnings and expenses.
4. It builds financial confidence in hustling continuously.
How to practice financial accountability
1. Be truthful to yourself. Certainly, no one knows you better than you know yourself. Your decision to spend right is for your own benefit and not for others.
2. Have an innovative or conservative mindset. By having an innovative mindset, we tend to invest on our own ideas, while by having a conversative mindset, we tend to save our money like some Bitcoin hodlers do.
Thanks for reading through, and what are your opinions regarding personal financial accountability?.
I agree, financial accountability is key. It doesn't matter how much money we make if we can't manage it effectively. For example, I find it helpful to track everything I buy. This way, I can see where my money goes, and sometimes I'm surprised at how much I spend on things I don't really need. However, it's important to strike a balance. Saving too much that we neglect our happiness isn't healthy either. |
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This might appear a mere or cranky question but yeee. Its been one of the interesting discussions raised by the average and vulnerable citizens in the country usually at when the masses feels the governments are playing over their intelligences and making caricature of them and yet this question keep staying questionable even after being answered.
Question: Why does the independent, developed and productive countries still borrows money from the World Bank even when they have enough to execute their excused reasons given why they have to borrows the money?
I am interested about this because in my country, we are independent and a productive country with revenues ought to be contented enough to execute the projects in demands of what they still borrows from the World Bank for and yet there is no economical improvements in the country instead we are running economical backwards.
While I lack extensive knowledge on this topic, it's worth noting that countries, even those considered productive, sometimes borrow from the World Bank for various reasons. These include addressing budget shortfalls, financing new projects, or securing favorable loan terms. It's possible that even a productive nation might require additional resources to undertake specific projects beyond its current means. |
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What do you think? Is it just a shrinkage and normalization after the strong build-up of the workforce during Corona or a long-term trend that will accelerate through the use of AI?
Most articles I've read attribute recent tech layoffs to a post-pandemic correction. However, I believe the impact of AI on job displacement is still limited, as it's primarily used as an assistive tool rather than for complex tasks. Therefore, its current influence is likely restricted to positions involving repetitive manual work. |
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A wise man once said "Entrepreneurs are problem solvers" usually looking for new ways and solutions to both existing and newly discovered problems. So, the word innovation and entrepreneurship work hand in hand and cannot be put separately
Although the words business and Entrepreneurship have been used interchangeably they aren't the same. While Entrepreneurship has to do with the indulgence and bringing up of something new despite the risk, while, business has to do with capital and profit straight up. Here, you buy other people's products and sell them at a higher price.
Both have risks, but that of Entrepreneurship spells out risk itself. Even though I can't shake off the fact that entrepreneurship is simply capitalizing on People's problems to make a profit, I can say that entrepreneurship has positively helped a lot of people.
So, if you had the opportunity to invest your money into something would it be to start up something regardless of the amount of risks that come with it, or would you rather open a business or make a simple investment into assets?
My ideal choice would be to pursue both options. Starting a business offers the opportunity to make a positive impact by creating local jobs, especially considering the high unemployment rate in our country. Additionally, investing in an asset provides a safety net in case of unforeseen circumstances within the business. |
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If you want to be rich sell to rich kids.
Now let's talk about homeless people in USA and CANADA.
The world don't know that many of those homeless people are from the rich families.
And If they been spending years no stop then even they will get a lot money they still can lose it fast.
Once the old pals will die like joe Biden who's hard working and tough guy then their kids will go broke.
Canada and USA have the same problem and Im not just talking i know personally those kids who use to have money but now they are dead homeless or drug atticts.
This is the reason why USA and Canada native race become smaller and hard working indviduals taking over the country while native people falling.
You looking from TV and see that homeless people you think they born poor but it's not case i've met with many who use to drink and Party in Europe bahamas like 100-300k easy in one year and now they are broke.
Once the guys like joe Biden will go away their kids can't handle nothing maximum will be that they easy targets for foreign sharp minded people to take advanched of the situation.
Money is a finite resource, so responsible management is crucial to avoid depletion. While some might assume "rich kids" are less hardworking due to being pampered and believing their wealth is limitless, the reasons behind a family's financial decline are often more complex. While it's true many parents strive to leave a legacy and ensure their children's happiness, factors like poor financial management, risky investments, or unforeseen circumstances can lead to wealth loss. |
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Quitting smoking has two big benefits, and I've been doing it for over 3 months. And both can be said to be long-term investments, apart from long-term health, the money used to buy cigarettes can also be used to invest and I invested in Bitcoin.
In one month I can spend approximately $90 to buy cigarettes, and the price of the cigarettes I buy is around $2/pack for one pack a day and sometimes more than one pack.
And by quitting smoking, I was able to increase my regular monthly Bitcoin purchases from a portion of my monthly salary as well as $90 per month in cigarette money.
And I definitely felt a difference in my health and also saw a difference in my Bitcoin holdings after increasing my purchases, and I wish I could do it forever. Honestly, even though I don't do it, sometimes I am still tempted to want to smoke again when hanging out with friends and also at certain moments.
And the strong reason I stopped smoking was because my wife likes to nag me if I smoke at home because I have small children, and over time I decided to stop smoking. And previously I tried it several times but failed, and now I haven't smoked for more than 3 months and I hope I can do it forever because it has two extraordinary benefits. Health and can increase my investment.
I personally don't smoke, but I understand that some people do. While smoking might provide temporary pleasure, the downsides are significant. It can cause headaches, negatively impact health, and decrease productivity. It's important to remember that smoking carries serious health risks and can be detrimental in the long run. I'm glad you were able to quit – it's a positive step for your health and well-being. I heard a tragic story about a young child who passed away due to secondhand smoke exposure, highlighting the dangers of smoking not just for the smoker but also for those around them. In addition to investing in Bitcoin, I'd recommend considering alternative options like self-improvement through courses or certifications. These can not only enhance your skills and open up new career opportunities but also contribute to your long-term financial well-being while promoting a healthy lifestyle. |
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