Utilizing your finances think like an investors Not a spender

[TEBTC]

When it comes to money different people has different approach to which they view money there is a school of thought that view money as something that is supposed to be used in solving problems so this group of persons see money as a problem solver something that they can fall into when ever they are in need and wants to solve a need that raises.

There is another school of thought that views money as something that Needs to be spent this category of person's is only concerned about how they can enjoy life using the money that they have acquired in life this is the group of persons that you see showing extravagant life style using their money in buying liabilities rather than asserts.Finanace is one thing that is tempting when it comes so your ability to control money  is key and that is mostly guided by your perception that you have about money .

There are those who view money as a means of generating more money so these class of people is basically more concerned about how they can use the money that is in their possession in generating more money that is why they look for ways and areas that they can improve in their society by way of investing their money with a view to generating more money this is the clas of person's that controls the business environment in any society because they know that for them to generate more funds to themselves they will have to look for means through which they can multiply their money and that is only possible when they think like an investors not as a spender or as those who seem money as a problem solver.


One thing is certain in this our present economic situation that we have found ourselves in the country it's important that we properly use our money into things that will add value and generate more money the Nigerian economy is getting more tougher as the days go by so your view of money is critical if you are to live above the poverty line in the country

[Mastercon]

The finance employees generally get bitcoin because they see it's superior to the status quo.  But the shareholders are what's keeping them from jumping in.  But I feel the tides are turning, corporate shareholders are starting to realize bitcoin is the supreme currency.

Strategy is the world's first and largest Bitcoin Treasury Company. We are a publicly traded company that has adopted Bitcoin as our primary treasury reserve asset. By using proceeds from equity and debt financings, as well as cash flows from our operations, we strategically accumulate Bitcoin and advocate for its role as digital capital. Our treasury strategy is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. Curious how many people here actually own a full Bitcoin and what would be a realistic way to DCA/trade/finance to accumulate a full bitcoin at today's prices. Macro finance but after a while it gets too complicated to link with asset prices on a daily basis. But I plan to know enough to build quantitative models around them.

Many people take on credit to start a business or use as a down payment for a house. Governments take on a lot of debt to finance social welfare and other important programs. Now I can’t get into the AI revolution because these same people hoard all the GPU compute. So I’m spending most of my energy on Bitcoin and Quantitative global macro finance. I work in finance so pensions and stocks made sense, and BTC/Blockchain is still a lot over my head, but I know that fiat currencies are fundamentally broken and don't represent economic energy anymore, so gonna see if I can build up to 0.1 BTC over the next year or so.

[Kelward]

Di most important thing na to understand financial management and e start with having a budget for your income and expenses. Inorder to get savings and investment e de very important to de live bellow our means, dat one mean say make we no de spend everything wey we de earn. If you de earn 5 million naira in a month and your expenses de for approximately dat amount, e no get how you go take do investment. Likewise if your income de around 100,000 naira and your expenses de around that amount you no go fit to save and invest. Di point be say e no matter weda wetin you de earn de big or small if you no plan well you no go fit to save and earn money from investment to secure your future financially.

Although no be everybody fit to save for emergency funds and to invest to secure their future even if dem understand financial management. If your income no fit to take care of your primary expenses e no go de easy to save and invest because di money too small. Living bellow you means no be for people wey dem income or business profits de bellow minimum wage. Imagine a family person wey de earn bellow 50,000 naira in a month, no matter how knowledgeable and financial literate wey im get, he cannot afford to invest. Part of financial management na to think outside di box on how to increase our incomes so that we fit afford to remove funds for emergency and better investment like Bitcoin.

[Agbe]

Understanding the use and function of money is one thing that is difficult to do because I am one person who believes that your view of money is related to the kind of environment that one grows up from and that implies the type of parents or guidance that you grow up with because they play a very important role in making sure that the way we see money as I agree with the group that sees money as something that should be used in generating more of it self, and this can be done when an individual has been able to identify opportunities and viable business alternatives that has the potentials of bringing returns on investment and Bitcoin is one of such business that people can actually go in if they are to grow their money

[Versatile_choice]

Well the picture above may not be considered necessary here as you don't have the right to decide how one choose to live his Life, although you're indirectly trying to iron things out for those that always spend their money in luxury that can't even yield any fruit. Although there's nothing wrong when one choose to spend his money in luxury but this should be done after which you have build a stable source of income for yourself, so that when spending in luxury you won't get affected at some point or end up in regret, Rather than spending money in expensive stuffs when you don't even have a single asset or a good source of getting money. Majority of the guys that I saw going with this approach end up in regret, so this is supposed to serve as a big note of warning to those upcoming who are also trying to follow this same footstep.

[Africolo]

Understanding the use and function of money is one thing that is difficult to do because I am one person who believes that your view of money is related to the kind of environment that one grows up from and that implies the type of parents or guidance that you grow up with because they play a very important role in making sure that the way we see money as I agree with the group that sees money as something that should be used in generating more of it self, and this can be done when an individual has been able to identify opportunities and viable business alternatives that has the potentials of bringing returns on investment and Bitcoin is one of such business that people can actually go in if they are to grow their money

Utilizing our finance because money is scarce most times. For the fact that we're eating really good today doesn't mean we will encounter challenges but there's absolutely nothing to worry about, let's play a simple game by principle, go for what one can afford and spend only within your means.

Whats our difficult section? Money is very important and necessary for everything, we use this medium to fund our businesses and investments, they grow to give up more. That's what I mean by surviving for the greater good. Our environment matters alot and we should always have a game plan inwhatever activities we planned to indulged ourselves. We know desperate times calls and answering ourselves is definitely the one core thing to do.

[Mighty97]

Different people see money differently, some as safety net, as tool for fun, entertainment and enjoyment, will others as  capital to raise wealth. In economies that are tough such as that of Nigeria, the mindset of investor, always using money to establish worth and create lots of income-is normally the best sustainable route.

[Solodoski]

Different people see money differently, some as safety net, as tool for fun, entertainment and enjoyment, will others as  capital to raise wealth. In economies that are tough such as that of Nigeria, the mindset of investor, always using money to establish worth and create lots of income-is normally the best sustainable route.

Money does everything that you have mentioned above, but I think the best thing to do when you have money and you have been able to solve the basic things of life, which includes food, clothing and shelter,  you should think of investment. You need to make your money work for you and if your investment goes well, you will be able to enjoy every other thing you have mentioned.
I don't think it's wise for anyone to use his money for fun, entertainment or enjoyment when you don't have an investment. In my opinion I think investment is very important to everyone, because it's gives you the safety and every other thing you have mentioned.