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Author Topic: You don't earn money only from others, but also when you avoid spending your own  (Read 1223 times)
Cryptock
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August 29, 2022, 11:30:45 PM
Last edit: August 30, 2022, 12:28:52 AM by Cryptock
 #121


Well yes, if you can earn more by delegating a task, then that's a good reason to do it. If someone can do it better than you and you can pay that person something less than what you value your time, then good.
I believe we have all gone materialistic and for this we are running after money - we want to have money whatsoever is the source
Even if that is hurting someone. I know a friend who has been trapped and the scammer took a big loan on his name - now he is paying off the loan which he has never taken. I wonder what if my friend dies - will he be questioned by God about the loan he has taken?

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Eden Loomis
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August 30, 2022, 07:59:46 AM
 #122

People create so many worthless fixed expenses nowadays.

50% agree with you. Following the trend or using luxury products will be worthless if you cannot generate a profit. However, you are a celeb or kol or working in the fashion industry, I think it's worth because it is a tool to help you earn more money.
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August 30, 2022, 09:09:28 PM
 #123

True. Because a person who aims to live and sustain a comfortable or even luxurious lifestyle should also have the means to create so that he will come to attain his own desire. The reason why most of the people do not settle for a single job because the source of income will only be limited. As much as possible, if they got the abilities and skills to sustain side jobs, it will be much better because that will also mean additional sources of income.
Do we want more money or want to be contented? Human needs are insatiable so says the economist. Multiple streams of income would make the individual have more physical and material resources but this doesn't always equal contentment. Or does it? I have seen people with more than one income stream live frugally and have seen people with just one income stream live lavishly. It all depends on one's value system. Just pick the one that works for you.

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August 30, 2022, 10:14:17 PM
 #124

True. Because a person who aims to live and sustain a comfortable or even luxurious lifestyle should also have the means to create so that he will come to attain his own desire. The reason why most of the people do not settle for a single job because the source of income will only be limited. As much as possible, if they got the abilities and skills to sustain side jobs, it will be much better because that will also mean additional sources of income.
Do we want more money or want to be contented? Human needs are insatiable so says the economist. Multiple streams of income would make the individual have more physical and material resources but this doesn't always equal contentment. Or does it? I have seen people with more than one income stream live frugally and have seen people with just one income stream live lavishly. It all depends on one's value system. Just pick the one that works for you.
I haven't seen any income earner who is contented except the chose to rub their payment system. It takes risk takers who find a way to make money work for them that breaks this fear of going back to the trenches. Multiple streams of income isn't enough guarantee to live comfortably because the more money an individual makes the more responsibilities the face. Investment is just the way to securing the present and future alike. Contentment is only found when a risky decision turns out positive
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August 30, 2022, 10:43:21 PM
 #125

True. Because a person who aims to live and sustain a comfortable or even luxurious lifestyle should also have the means to create so that he will come to attain his own desire. The reason why most of the people do not settle for a single job because the source of income will only be limited. As much as possible, if they got the abilities and skills to sustain side jobs, it will be much better because that will also mean additional sources of income.
Do we want more money or want to be contented? Human needs are insatiable so says the economist. Multiple streams of income would make the individual have more physical and material resources but this doesn't always equal contentment. Or does it? I have seen people with more than one income stream live frugally and have seen people with just one income stream live lavishly. It all depends on one's value system. Just pick the one that works for you.
I haven't seen any income earner who is contented except the chose to rub their payment system. It takes risk takers who find a way to make money work for them that breaks this fear of going back to the trenches. Multiple streams of income isn't enough guarantee to live comfortably because the more money an individual makes the more responsibilities the face. Investment is just the way to securing the present and future alike. Contentment is only found when a risky decision turns out positive
But we know that human being doesnt really have that contentment when it comes to money which is really something not that surprising because people do really hope for more money no matter what circumstances

they would really be able to encounter.We would be finding ways as much as we could and there are people who do really not make any action towards things but they do hope for some improvement?
It would really be just common sense that you would really be doing extra effort and make out some investment if you are really that tending to make yourself better in terms of finances.

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August 31, 2022, 12:30:42 PM
 #126


Well yes, if you can earn more by delegating a task, then that's a good reason to do it. If someone can do it better than you and you can pay that person something less than what you value your time, then good.
I believe we have all gone materialistic and for this we are running after money - we want to have money whatsoever is the source
Even if that is hurting someone. I know a friend who has been trapped and the scammer took a big loan on his name - now he is paying off the loan which he has never taken. I wonder what if my friend dies - will he be questioned by God about the loan he has taken?

As I've mentioned in a reply to someone, it's not the pursuit of money that's does harm but pursuing money over everything else: family, morals, etc. There's a big difference between taking an OT to earn a bit more to doing something fraudulent to increase your sales figures (like in the infamous Wells Fargo case).

It's unfortunate what happened to your friend although it's not necessarily all his fault. How was a scammer even able to take out a loan in his name? Couldn't he have filed a fraud or identity theft case or something? Only reason I could think that he became legally liable for a loan is if he acted as a guarantor for someone he knew and said person just disappeared.
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September 01, 2022, 05:10:54 AM
 #127


But we know that human being doesnt really have that contentment when it comes to money which is really something not that surprising because people do really hope for more money no matter what circumstances

they would really be able to encounter.We would be finding ways as much as we could and there are people who do really not make any action towards things but they do hope for some improvement?
It would really be just common sense that you would really be doing extra effort and make out some investment if you are really that tending to make yourself better in terms of finances.

Correct! you need to exceed from your limitation in order to earn success, in most cases, those who are

working hard is the one who manages to find good success in terms of financial status in life. They do their best to find better
ways and do everything to make things possible.

though in some cases, luck also influences some from winning lottery jackpot, inheritance from love ones, but if you
really wanted to change your financial state. You need to work and be wise enough to find success.
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September 01, 2022, 05:39:50 PM
 #128

Quote
When we spend money, there is automatic circulation of money so that it makes others have the opportunity to develop, this is a simple economic theory that makes the flow of money fast, a country that has a good economy there will be a high volume of transactions and this will make prosperity.
Yes, it help the citizens to feel the flow of money, were there is a solid economy in the country which is the best economy each country what to have in their land for their people to make progress. That is why the government use to budget a huge amount of money on a particular project, so that it will make the people that participants on that particular project to have enough of money to spend in the communities that will make people around the communities to get in touch with the money.

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September 02, 2022, 08:59:35 AM
 #129

There are numerous legal ways to make money. My personal opinion is that there are two approaches, namely your work and investment. According to my understanding, exerting effort entails participating in all activities, just like you would while spending money. As part of making money, aim to limit unnecessary expenditure. When you invest in things like cryptocurrencies or people, you can make money through them.

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September 03, 2022, 05:01:19 PM
 #130

It's subjective, I will answer based on third class society: low, middle and upper class.

Low class: They're work from morning to night, but the money they earn only enough to buy foods and sometime they didn't earn much money, so they're take a debt to buy foods. There's no way for them to have spare money to invest, it's not about they're didn't try enough, they're already try as much as they can, but they're not lucky enough.

Middle class: Even they're have enough money to buy foods and have spare money, but foods price always increase and they're need to spend more money than their last year, even though their income are same. Some people jealous and want to have expensive thing, so they're taking a debt which is bad decision.

Upper class: There's some people who invest their money and there's some people who bought many expensive thing to satisfy them, in this class they're lack of financial management.

This is highly subjective because one's need is not necessary for others. Daily wagers and the poor spend a great deal on essential things than others. So we can't judge their spending, but budgeting their income and expenses can help everybody balance their spending. It is therefore important to draw up a budget in order to achieve savings.

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BitcoinPanther
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September 04, 2022, 08:56:26 PM
 #131


But we know that human being doesnt really have that contentment when it comes to money which is really something not that surprising because people do really hope for more money no matter what circumstances

they would really be able to encounter.We would be finding ways as much as we could and there are people who do really not make any action towards things but they do hope for some improvement?
It would really be just common sense that you would really be doing extra effort and make out some investment if you are really that tending to make yourself better in terms of finances.

Correct! you need to exceed from your limitation in order to earn success, in most cases, those who are

working hard is the one who manages to find good success in terms of financial status in life. They do their best to find better
ways and do everything to make things possible.

though in some cases, luck also influences some from winning lottery jackpot, inheritance from love ones, but if you
really wanted to change your financial state. You need to work and be wise enough to find success.

This is partially true!  Working hard indeed contribute to success in financial status but it will have a synergized effect if coupled with being smart.  There are lots of hardworking bodies everywhere but many of them remains at the same financial status without any chance of getting upgraded because they keep doing the same thing.  Brain and brawn(being smart and hardworking) should be mixed well in order to have a huge success if a person wanted to have a prosperous life.
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October 05, 2022, 02:34:15 AM
 #132

Overrated, it's not very good. Especially lust.

I also experienced the same thing, when I have more money, I really want to spend it. But, I thought again whether after I finish it, I will regret it?. So I thought twice. I ended up buying what I needed, and not buying more. Therefore, the item is there, and I have money left over.

 That way, we can save money, without the need to buy excess goods. But depending on the needs of each person, the needs of the person is very different, in every condition.
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October 08, 2022, 03:57:54 PM
 #133

Overrated, it's not very good. Especially lust.

I also experienced the same thing, when I have more money, I really want to spend it. But, I thought again whether after I finish it, I will regret it?. So I thought twice. I ended up buying what I needed, and not buying more. Therefore, the item is there, and I have money left over.

 That way, we can save money, without the need to buy excess goods. But depending on the needs of each person, the needs of the person is very different, in every condition.

Savings is the only way to control your unnecessary spending's. No matter how much money you are earning in your life, if you are a spend thrift you shall always be short of money. Like its said if you have all the treasures of the world and you dont know how and where to spend it  you will loose everything.  So basically focus on your basic needs and try to keep something for later use or emergency.
There are 3 kinds of needs, namely primary needs, secondary needs and tertiary needs. We can reduce our expenses through this. We can not procrastinate what is our primary need so the first thing to do is fulfill that need. While the secondary and tertiary needs we can press as deeply as possible. We do not need to fulfill needs that are not considered very important or even just to fulfill our prestige. Because what I've learned so far, that's what makes us financially difficult, namely living with prestige. We can save money after we have met our basic needs and if it is really important then set aside for the second need above.

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October 08, 2022, 04:09:49 PM
 #134

Most people doesn't count that if they buy something they pay with their time. We shouldn't forget that money cannot buy only time. For instance if we are going to buy clothes we must calculate how much we will work for that clothes. Think of the moments when you get out of the warm bed in the morning; think about the pressure your manager puts on you, think about how tired you are when you get home in the evening. If its not problem go and buy mate Smiley
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