There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
I think such guidelines depend on the point of view. but what is clear is that we have to spend money according to our needs, and save or invest for the rest, so that with investment our funds can grow later. when viewed from a spiritual perspective, the more we spend our wealth on the right path, in the sense of helping or giving alms, then it will not make us poor, it is difficult to explain logically, but many people experience it, where the fortune is actually there will be more and more, and the person gets inner peace in living life, in other words his life becomes a blessing, not only for himself but also for others The other side of spirituality is sort of giving to those in need, like what our spiritual leaders say: give what you can to those in need as the return to you is triple, but that doesn't mean that you'll expect it; it is just helping one another as in the future you will need their help and they are by your side helping you. There are a lot of explanations here, but I'm not sure if other people will understand. I just hope people will have respect for our spiritual beliefs. |
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Maybe for others it improves financial stability, but for me it depends on the strategy that the individual does, for example you are working hard, but you neglect your own health and you are also stressed, I think it does not help financial stability.
I can only say that it is stable if the system we are working on is right, the type of you are working smart with the right system unlike when you are working hard but your not working smart.
It really depends on the person, but financial stability is all about your financial aspects, no matter what your health issues are. If you have that money, then you are stable, but the problem really is that you are not in good health. This is really the common problem when it comes to money. People tend to work hard while sacrificing their health, which is true as I am doing it now. I think you really need to sacrifice something if you want to earn more. |
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I once discussed with my partner about moving abroad, but he disagreed with that and said he didn't want to be away from his parents, especially now that my mother-in-law only lives alone.
based on the conclusions of my post, actually, I really wanted to move to other countries and change the fate of my family, but after being tied to marriage, it was impossible.
It sounds like you have conflicting desires regarding moving abroad and your partner's attachment to their parents. It can be challenging when two individuals have different perspectives and priorities. It's important to communicate openly and honestly with your partner about your aspirations and concerns. Everything will be solved through communication, but the problem right now is that her parents are only living alone. If they talk about it with his partner and mother-in-law it can be solved since we don't know if his mother-in-law wants it. That is really a problem if you already have a family because both of you need to have your own space. You are now having a family, and there are things that need to be sacrificed. |
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One of my close friends his name is Naher. He came to visit my house. Once while discussing with him, I mentioned the name of bitcoin. He wanted to know what bitcoin is? I was telling him that bitcoin is a digital cryptocurrency coin launched in 2009 by a man named satoshi. I tell him Bitcoin has been around for 14 years. I give him more idea about Bitcoin. At one point he expressed his interest in investing in bitcoin, I told him that there is a possibility of not only profit but also loss from investment.To invest you have to take risk. My friend invests in bitcoin knowing profit loss. He works for a salary of about $400 per month. He invested about $500 in Bitcoins. I didn't show my friend interest in investing in bitcoin. He himself knowingly invested in bitcoin.
Did I give my friend the right advice?
You have given him the right advice he needs to hear. Maybe it’s already his own decision to invest with quite a bigger amount knowing he earns only $400 a month. I just hope he is aware that he can lose all his capital if he makes a single wrong move in his investment. However, for sure he will also learn something if he will lose his money in this investment. After all, losing is inevitable, we just have to be more open minded about it not just for bitcoin investment but even in other investments existing in the market. if he has studied about bitcoin and decided to invest, then it is not our fault if something bad happens. Of course, as long as he studies it, he already knows the consequences that will be borne if something bad happens. but actually there is no big risk when investing in bitcoin, only those who panic who experience losses. as long as investing can be psychologically controlled, I think the money will be safe even waiting for the bearish season to finish, and unfortunately no one knows how long it will end We can only call it losses when they panic sell. You have a point that losses only occur when they panic sell or sell their bitcoin as they can't control their emotions. When it comes to risk, if the friend really has knowledge on it, like he does his own research, he will definitely come up with the risk, which will mostly show up on you as the risk of losing your money is big. |
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Surely I will choose $ 1 million, with $ 1 million, of course I can make a business that will develop, now it is very easy to find financial education, even on the internet everything is easy to get, someone who is proficient to become financial education is not necessarily able to produce $ 1 million, but with $ 1 million we can pay financial experts to teach us the best.
That's good reasoning, but the problem with that is that you already have money, and that is a lot of money. Are you sure you can control it on your own? If not, imean can you now focus more on education about financial literacy? or you are just now going easy peasy because you've got that huge money and you are thinking about the other side, like how do you spend it, what you will do to it, your focus may have gone. This is like winning a lottery; before winning, you'll say you'll put it in business or make an investment, but by the time you win, you've forgotten about it because you're busy purchasing stuff and partying. The mindset of people who got rich quick or got that huge amount of money is very different when coming from 0 to hero. |
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Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.
This is really what scared me most because, let's say this will happen and you are extremely lucky and you don't do anything about it, then for sure the possibilities are that they will really lock your account and you can't withdraw, and also, what is fishy if they notice something like that, meaning they are really controlling your winnings? Let's say if the person already won $500 on just that day or that bet, then he should start a losing streak, which means they can really control it. |
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The easiest thing to control a country at this time is with money, many countries that need money to build infrastructure, and usually countries that have difficulty paying debt will provide assets to the country of credit, and it is natural that currently money is a ruler who can control the country.
The country is also powerful if it has a lot of money or resources, that is why other countries will have a loan to other countries to improved their infrastructure. Today it is really difficult to move without money unless you are living in a jungle or remote island that you only make a living by fishing or farming crops in which we still have this in today's date but right now it is difficult as everyone needs money. Though I've seen a video in social media that he is really living without money which he just find foods at garbage or plant on his own , or find some fruits in park but again it is difficult thing to do. |
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But the main thing is that bitcoin is still illegal in our country, I invested bitcoin very carefully.
I think this doesn't affect him too much, because a lot of people here are in countries that still don't legalize Bitcoin, but in fact they still insist on doing it, determination and effort are needed here, and in general we are more interested in investing than saving everything in bank, because at least we get a little return from the investment results later. The problem with this is that if the government is really hunting those people who are using bitcoin, which is pretty scary, but if it is just sort of an announcement and doesn't have a law, then there are no effects on OP as he still continues to invest in it, as there are really countries where Bitcoin is illegal; it is like a drug and prohibiting people from having it, but again, the government can't stop people from using it as they still continue to buy and hold bitcoin but they are just quiet on it so that they will not be recognized. |
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There are two perspectives on it: either the father has more money and they are not struggling, or his father has a really strong religious belief that they won't take those winnings as bad stuff. Whatever the reason, the father doesn't really like gambling, and the image of it is very bad on him. That is why he declines it, and we can't do anything about it as that is really what he thinks of gambling. But again, money is always money for me. If my son won it, I would be happy, but I will always tell him the risk of being a gambler.
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the government is pushing everyone into digitalization because the tax department realizes that there are some stores that really don't have a track record of their businesses, as well as other businesses that are declaring only small value, which is why they only pay small taxes.
The tax issue is going to be a big issue for government of third world countries because a lot of these businesses are not documented. A business can operate for years and the government won't even know a business like that exists because it was not registered anywhere. There may be different local forms of payment but these monies don't go into the coffer of the government , they just end up in the pockets of those that receive the payment. This is due to a lack of a working system, so things are not run accordingly. There is also the fact that the people don't trust the government, so they find it hard to pay their taxes. The government provides nothing for them.Not roads, electricity, water, security, so why should they willingly pay their taxes when they provide even the things the government should provide for them by themselves Though right now the government is very strict and unlike before, you can have a business without a permit as the government doesn't really check on it, right now it is very difficult as they are now checking all of the establishments 1 by 1 to know if they have permits, which is why there is a constant increase in the number of people who are paying taxes. Also, right now the government is going into digitalization as it is easily manipulated if you are just writing your annual income, which you will write small on it so that you'll pay less tax. |
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I don't understand why things are so unspeakably hard to people. I couldn't hard a good feelings for some days after thinking of what must have trans-led this suffering of financial hardship in societies. Money is rare this days, am going through a lot but I just hope things well and better soon. Is not really funny here.
My children are at home chase from school, I could not pay fees again. What could be the cause of scarcity of cash?
I am sorry to hear about the financial difficulties you and your family are going through due to high cost of living. The economic crisis is a global issue now, and there are many factors those contribute to it, including rising inflation and political instability due to many ongoing regional conflicts in various parts of the world. I would suggest you to consider taking more than one job to increase your earnings. Consulting with a financial advisor could also be helpful in developing a long term plan to address your needs and goals. is it having financial advisor is expensive? this is really my impression that you need to be rich like a lot of money as it is additional expenses to us so like us wouldn't be having this because it is extra expenses and i will just prefer to learn online how to like budget or save, though if there are free once then i would be having that one . Also having a side job is really good but you need to sacrifice something like your time or sleep because you need to do your side job Financial advisor would not be helpful. it's good to do your own research and then work well with honest and courage. I don't know why you said a financial advisor is not helpful. Most rich businessmen tend to hire those kinds of people to do budgeting or know where their money goes; it is like an accountant. Also, most of them can do it on their own. I mean, it is time-consuming for them to do all of it, so instead of wasting their time on it, they will just hire people and continue to manage their business to gain more profit and improve it. |
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Divorce is a sensitive topic here in our country, and there are only a few here who do it, unlike in other countries where it is almost universal. My thought on this is that your ex-wife is not your true love, as both of you are going through this, and I think this is really the case if you go to annulment. You will need to give all of your assets or keep them in half, and this is really in the law. Though hiding it through Bitcoin is a good idea, there is a chance that they wouldn't see it if you didn't leave traces.
I don't think bitcoin holding is part of assets to be considered as divorce property if the government doesn't legalize its ownership unless in some countries where bitcoin is a legal asset and covered in government policy regulations otherwise, the man has the legal right over those BTC if and when it is purchase and hold in his private wallets. Bitcoin is a complicated object in thos situation since divorce property sharing only covers what is legally owned by both parties. So this is the way to, like, evade some of your money from being fully received by your ex-wife, right? It is a really complicated topic right now as we don't have any laws or regulations about it. We know that bitcoin was new when it was made, and I think as long as you don't declare it, no one will notice it unless it is the same with the OP. They will hire someone just to investigate you and find out if you have another account. |
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Divorce is a sensitive topic here in our country, and there are only a few here who do it, unlike in other countries where it is almost universal. My thought on this is that your ex-wife is not your true love, as both of you are going through this, and I think this is really the case if you go to annulment. You will need to give all of your assets or keep them in half, and this is really in the law. Though hiding it through bitcoin is a good idea, there is a chance that they wouldn't see it if you didn't leave traces.
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It is a mistake to consider trading as a sole source of income, and the risk of this error increases if the person supports his family or has to fulfill some payments such as the costs of a loan, a house, a car, or any financial activity related to a certain time, such as electricity bills and rent.
Trading can be considered an additional source of income if you can bear the risks resulting from it, and it is easy for you to lose that money, but you are ambitious and plan to make the most of that money and multiply it.
Here, trading will be acceptable, but with a rewarding financial return, due to the ease of controlling your emotions and not needing money with time restrictions. Right because if you consider trading as a sole way of earning so if you sometimes don't succeed to earn then you will not have any other option to get money to manage expenses. If a person has a salary but not enough then trading is a good way because if unfortunately you don't win there will already be a choice of your salary which will then be satiable for life expenses. controlling of emotions is also very important so be patience with your saving otherwise it will be risky for you. Basically, it's a side hustle, but let's not talk about those professional traders that are really good in trading as they are fulltime on it and they invested a lot of their time and money on it. Let's just talk about the same thing to us, which is that it is very impossible to go fulltime without any backup source of income. It is better to have another stable source of income like a job or, let's say, a business that can provide your needs because in trading, it is not always profit, it is not always you will win your entries. There are times that your portfolio is in red. That is why it is better to be ready for those times than only expecting the green days. |
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There are a lot of apps for smart phones right now that can easily track the expenses or profit in your business, unlike before, when it was a traditional one like a log book and it was written, but right now we do have a lot of choices, even there are POS. I also couldn't bear if the business has no records, like how he will file for tax and how they know if the business is running well or not, as you put up a business to have profit, not to lose all of your money.
Yes. Apps for smartphones Nice and helpful option too. I myself, in terms of business records, only use Microsoft Excel, I think I am very good at managing, analyzing and presenting data in tabular form and if I am more careful I use a public accountant to calculate a balance sheet and back it up by recording using a good table, transaction records. daily per item so that the accountant can easily audit it. Yes. As you say "Set up a business to make a profit, not to lose all your money" and that's the typical end story. Yes, Excel or Google Sheets have been mostly used by business owners, and it is really easy to manage our finances. This is still like the old traditional log book, which is just an online document that you can edit through your phone or laptop. No matter what you use, as long as you've been recording it in an efficient way so that you can see the data and results of it, it's good. Anything will work as long as you are not lazy about writing it out. |
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^
Of course, losing makes us irritable and upset, but why look for someone to blame if you initially understand the risks and take them on yourself? As far as I know guilt has a very negative effect on a person's self-esteem and can lead to even more serious consequences later on, so it is quite possible that a person always tries to find someone to blame on the side even when he understands that he himself is at fault. Very nice thought regarding the issue. A person should gamble after well researched and realizing its risk. A gambler can win or defeat. So if someone lose in gambling, there is no basis for others to blame. A gambler must focus on his self -esteem, it is not a solution that is excited after the gambling defeat, rather it makes the gamble more heated. This type of behavior of a gambler can have a serious impact on the gambling. If a gambler can't control his emotions like this and won't accept losses and will blame them on others, then for sure that will have a huge impact on all of his plays because it tends to trigger him to play more because he thinks that because of that person, that's why he lose, so he will continue to play, which leads to more losses. The gambler should always not blame anyone, as in the first place he is the one placing the bet and it is his own money, so he has control over it. |
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only could stop once we become financial independent but generally for someone that works 9-5 that would never happen.
mainly because the wage aren't sufficient enough in building financial to be free from working, heck even for daily needs it hardly sufficient.
moreover, you'd be too busy that you can't do some business in your free time, quite literally you are putting so much focus on something that don't even give you good money.
the only way is you invested in stocks and cryptocurrency but then again will the returns will be that much? maybe starting new business from scratch and resigning is some other way need to be considered.
I actually agree with you it is hard to start our own business and we actually need capital and lot of thing including knowledge. Resigned from 9-5 job is risky too if we don't have money. Sometimes Im just like OP but the difference is Im not work 9-5 but full time crypto but the hurt truth is the salary sometimes is not enough to do enjoy life that is why having a stable job and having stable income is really good with that kind of situation because there are really times that it is not good profit in cryptocurrency that is why others tend to have another source of income but again there are times that is good that can last you few months or years but if you do have family to feed then having a stable jobs is best |
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I live in a province so the COVID-19 was not that bad here. The food is not a problem, since we have a garden that has fruits and veggies, we even have chickens. The very important lesson I learned way back covid-19 was to save money as much as possible just in case of emergency. Eat healthy foods, exercise, and have a healthy lifestyle.
It's been a long journey but we all successfully passed that problem, thanks to God. Let's just hope there's no pandemic coming next anymore.
My family and neighbors are just like you, we don't have food problems because we are self-sufficient, we just have financial difficulties because our work and business are completely closed. We are much better than in densely populated urban areas where I heard they don't even have instant noodles to eat. Thinking back on what happened is really bad and heartbreaking, but it's all over, and that's a lesson for us because there's no guarantee that there won't be another pandemic in the future. Always prepare everything carefully, don't be too subjective. This is true, in rural areas with low population density and mainly farmers, the spread of disease is not as severe as in densely populated cities, and food self-sufficiency in the countryside has a long tradition, so they will have less difficulties during the epidemic season. I am a person who has to go to the city to work and earn a living, and during the pandemic, I needed the help of my family in the countryside to send food and living needs. This is also something I've noticed, like when we go home to the place of my wife, I am shocked that they are not having masks if they are in, like going to their market. They have no COVID cases at that time and won't be because they are closely monitoring those new people who come in like us. They just test us and check-in us from time to time for like 7 days, and after that we are free, and most of them are not struggling because they have foods in the backyard if there are no food given by the government and all people are giving each other foods. Though getting help there is really difficult, when COVID hits, I feel safe there. |
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I dont notice this as I am using adblocker on my PC
There are different types of ads. there are the ones that are monetised by Google. But can add blockers on your phone or computer block that type of ads. I do not think so. They are not add when browser but when watching YouTube videos. Another one is the ones that some YouTube content creators included into their videos, no ad blocker can edit a video or fast forward the part of the video that contains the ad. I noticed this on social media mostly like they have a video in front and in the middle or at the end of the video they will put a local casino or gambling platform that they are showing that they are playing and winning on that casino, which is pretty funny that they do it so that you can watch it, but again, I don't mind it, I will just scroll more, but it is kind of annoying if the kids saw this. But on Youtube, I don't see this kind of video that they edit and in the end put a casino as it is against the terms, I think, and it should be a video alone with that platform. |
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Mr. Beast really got lucky that those moron robers dont noticed it and also for sure those robbers are hastly getting stuff that they seem valuable and not thinking anything else. But still for sure Mr. Beast learnt from it and he is now being careful as we know he have a lot of money also the same with us with our private keys as not all the time we are lucky that the robbers are dumb and not thinking of getting it as there are really robbers right now that are into private keys like they are going to extort you.
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