fullhdpixel
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July 18, 2023, 02:53:23 AM |
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Financial stability of a person is a state that you can get whatever you want not only that but when large investment has been made which serves as a means of your income you won't even think about the price of the things you want to buy if it is costly or not because the money is there. Being stable financially means haven enough of the usual a person of such level is expected to be balanced and this is achieved through hard work All success is achieved from hard work in other to maintain it and make it stable we invest largely
Well, not everyone gets financial stability by working hard, though it does work out most of the time when you work really hard, it often doesn't work out and you stay where you are even after working hard for so much time because your destiny also plays a great role in that. If someone isn't destined to happen with you, it wouldn't, so just like that, when you are not destined to become successful and have financial stability, no matter how hard you work, you won't be able to achieve that. And some people tend to get financial stability without doing anything, it is simply inherited by them and these are the luckiest people in the world because they would never in their lives have to work hard to get anything as they already have great wealth and businesses and stuff running already.
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demonica
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July 18, 2023, 01:01:14 PM Merited by fillippone (1) |
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Being financially stable doesn't mean you need to have too much money. That's why it's called "stable" because you have enough money to support your living expenses, being able to afford your basic needs and wants at the same time. You don't need to have a lot of money to be stable. As long as you're living in a comfortable life and you're contented.
We all have different standards of being financially stable since we all have different standards in life. But for me, I can already consider it stable if I'm living in a comfortable place, being able to buy foods and stocks without worrying about how long will the supplies last. Also, being able to treat myself and the people around me without worrying about spending on it.
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Mario Yamasaki
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July 18, 2023, 02:42:29 PM |
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In my opinion, financial stability is a condition that makes us comfortable with anything, there are many things that we always need so that it must make us think smart to get a large and stable income, and in my opinion, financial stability is without working even if we experience bad conditions, for example not working, sick and others, so we are still stable and not short of money.
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RockBell
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July 20, 2023, 02:55:35 PM |
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Financial stability is simply a state where you are financially fit to provide for your daily and monthly expenses without thinking too much about the cost. Financial stability is have enough or more than enough to cater for your family without having to touch your savings. And this days it has become very difficult to be financially stable, the situation of the economy is not friendly at all, only few people are free financially, and the remaining are just struggling. No job even does with job are still not stable.
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Wimex
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July 20, 2023, 03:55:19 PM |
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How do you define financial stability for yourself? Do you believe that there's a thing as too much money? With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
The subject of money in particular is controversial, speaking for myself, I'm working a regular job, getting paid above average each month, while also doing some online work such as signature campaigns and staking coins on various platforms. I'm making enough money to make ends up and on the plus side, setting aside a decent sum of money from my salary, as well as any other amount earned online, is set aside as savings.
While in particular, I'm pretty satisfied with the amount of money I'm earning, I definitely wouldn't mind earning 10% or 20% more, I'm not sure though, if I'd say the same even if I supposedly received the previously mentioned raise, which is falling to the category of, the more, the better.
However, the general idea is that I'm currently okay, if I were to pursue something in life, in terms of money and finances, it'd be to make enough money to make ends meet and have a decent amount of purchasing power, while at the same time, having a savings account. This is something that as a 23-year-old student I've managed, but I have a pretty long way to go.
What's your take on this?
With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
I would be satisfied with a good salary that allows me to save and in addition to that, make investments to ensure my future. Currently, I do not have a good salary that I consider optimal for satisfaction. With the help of the campaigns carried out on this platform, the outlook surrounding my economic situation has improved a lot but I feel that it is still not enough to say that I maintain a successful financial environment, and that is why I continue working on it, so that one day everything will be different and i can rest assured that i did not lack anything. And of course, when I achieve this goal, I would not be satisfied because, if I have the mentality that more is better, it all has to do with money so you have to continue working to prevent it from diminishing completely.
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Fredomago
Legendary
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Leading Crypto Sports Betting & Casino Platform
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July 20, 2023, 04:10:05 PM |
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Being financially stable doesn't mean you need to have too much money. That's why it's called "stable" because you have enough money to support your living expenses, being able to afford your basic needs and wants at the same time. You don't need to have a lot of money to be stable. As long as you're living in a comfortable life and you're contented.
We all have different standards of being financially stable since we all have different standards in life. But for me, I can already consider it stable if I'm living in a comfortable place, being able to buy foods and stocks without worrying about how long will the supplies last. Also, being able to treat myself and the people around me without worrying about spending on it.
I like that standard, as long as you have a comfortable place to live and you have supplies that you can consume whenever you need, and with the money that you don't need to worry when you spend some for enjoying your life together with your love ones, like what you mentioned we do have different perspectives in how we describe being financially stable. Though it's better if you have lots of money and for sure that's a concluding part when you have a huge amount of money that will support not just you but everyone around you.
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Liliana1304
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Offline
Activity: 181
Merit: 39
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July 20, 2023, 04:22:33 PM |
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Financial stability differs amongst people and I can count myself as stable if I can meet the basic necessities of life without having to worry much. Naturally, as humans we tend to not be satisfied with money, and I feel that's the motivating factor behind steadily grinding our asses off so that we can get that little extra.
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Promocodeudo
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July 20, 2023, 05:17:48 PM |
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Financial stability refers to the ability of someone to get hold of some basic stuff, just like what he wants or needs not necessarily much with money without the assistance of anyone, when you are capable of solving financial problems within your reach at ease.
Note, being financially stable doesn't mean that you are rich, it just means that you can make basic provisions for yourself.
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Ultegra134 (OP)
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July 20, 2023, 08:36:50 PM |
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How do you define financial stability for yourself? Do you believe that there's a thing as too much money? With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
The subject of money in particular is controversial, speaking for myself, I'm working a regular job, getting paid above average each month, while also doing some online work such as signature campaigns and staking coins on various platforms. I'm making enough money to make ends up and on the plus side, setting aside a decent sum of money from my salary, as well as any other amount earned online, is set aside as savings.
While in particular, I'm pretty satisfied with the amount of money I'm earning, I definitely wouldn't mind earning 10% or 20% more, I'm not sure though, if I'd say the same even if I supposedly received the previously mentioned raise, which is falling to the category of, the more, the better.
However, the general idea is that I'm currently okay, if I were to pursue something in life, in terms of money and finances, it'd be to make enough money to make ends meet and have a decent amount of purchasing power, while at the same time, having a savings account. This is something that as a 23-year-old student I've managed, but I have a pretty long way to go.
What's your take on this?
With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
I would be satisfied with a good salary that allows me to save and in addition to that, make investments to ensure my future. Currently, I do not have a good salary that I consider optimal for satisfaction. With the help of the campaigns carried out on this platform, the outlook surrounding my economic situation has improved a lot but I feel that it is still not enough to say that I maintain a successful financial environment, and that is why I continue working on it, so that one day everything will be different and i can rest assured that i did not lack anything. And of course, when I achieve this goal, I would not be satisfied because, if I have the mentality that more is better, it all has to do with money so you have to continue working to prevent it from diminishing completely. Signature campaigns have been a great help as well. I'm saving every single satoshi I earn, hoping that in the future, my minor Bitcoin savings will be worth a lot more. On top of that, the forum provides the ability to acquire more knowledge and socialize with people with similar interests. Although I'm also quite satisfied with what I'm earning and my financial situation has tremendously improved due to the signature campaigns, I still wouldn't mind if I managed to grow my income even further. I'm not sure if it's about greediness; it certainly is up to some degree; however, depending on your character, some may see it as setting new goals and accepting new challenges.
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mvdheuvel1983
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July 20, 2023, 11:49:46 PM |
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For me, financial stability means that even during inflation I am not going to be worried what would happen if my employer lays me off because I know that I can be able to sustain myself and family for at least 12months without any pay. Financial stability means for me that my side hustle pays comfortably for my needs and function of the salary for my main job is just for savings. There are people who enjoy financial stability because they are able to retire before 40 and never work a day in their life anymore.
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chrisculanag
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July 20, 2023, 11:59:24 PM |
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For me right now the finances are just in the middle because right now life has many priorities, I can only say it's stable if there are good things that have been given to it such as businesses and online earnings but for now it's just work and sidelines first will be my foundation to build stable finances. Then starts small amount until it grows, then when there is a strong financial foundation, I will study what needs to be done to improve it.
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Xampeuu
Full Member
Offline
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Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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July 21, 2023, 03:49:27 AM |
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financial stability keeps people from having problems financially because apart from being good at managing finances, their financial reserves and sources of income are well established, so that the needs needed can be met along with financial reserves for unexpected needs. for me achieving economic stability is very important as a gateway to enjoying life in this world, and life in the hereafter. but until I am already in my 3rd head, until now I have not been able to achieve financial freedom like that, hopefully it will materialize soon
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Sayeds56
Copper Member
Hero Member
Offline
Activity: 1428
Merit: 740
Buzz App - Spin wheel, farm rewards
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July 21, 2023, 05:34:43 AM Last edit: July 21, 2023, 10:11:23 AM by Sayeds56 |
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How do you define financial stability for yourself? Do you believe that there's a thing as too much money? With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
Financial stability can be perceived differently by individuals, depending on their specific financial circumstances and responsibilities. From my perspective, financial stability means ability to meet your obligations and maintain reasonable standard of living without excessive financial pressure. Moreover, It is also essential for us to engage in social work and contribute for betterment of society, alongside finding fulfilment and purpose of life.
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Fuso.hp
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July 21, 2023, 05:58:43 AM |
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To achieve success in life you need to earn a lot of money without money life is worthless and without money the world is very difficult. We have to earn money as well as try to retain that money. I can never think that I have earned money and spent that money. I must save a part of the amount of money I earn for the future. If you want to earn more money, you must find an alternative source of income. In that case you have to do the kind of business that you are good at. If you work and keep some money aside for the future, your life may go well but when you are not satisfied with only one source of income and look for alternative sources, you can achieve success in life. So saving money and investing money is very important in life along with money income.
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fruktik
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July 21, 2023, 06:44:22 AM |
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I'd say the idea of financial stability varies from person to person and varies through a person's different stages in life. For instance, financial stability in your 20s, 30s, and 50s will differ. Where a 20yo would associate financial stability with being able to pay rent and have some extra money for spending within reason. However, a 30yo might be starting a family or even thinking of buying a home so those stability goals tend to move. I'm in a spot where I do have my ''20s'' expenses covered, bu am setting goals further down the line that definitely disrupt current financial stability.
If your current financial is not able to provide everything you need and after that there is no money left, then it's time to think about it. I mean that you need to have money for the investment process. A person should have a financial cushion that can be used in unforeseen circumstances. Isn't it? It is required to look for additional sources of income that will contribute to this.
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xSkylarx
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July 21, 2023, 06:53:06 AM |
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How do you define financial stability for yourself? Do you believe that there's a thing as too much money? With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
Financial stability can be perceived differently by individuals, depending on their specific financial circumstances and responsibilities. From my perspective, financial stability means ability to meet one's obligations and maintain reasonable standard of living without excessive financial standard. Moreover, It is also essential for us to engage in social work and contribute for betterment of society alongside finding fulfilment and purpose of life. Others will say they are financially stable if they can eat three times a day and also have no problem buying foods, but others perspective is that they are able to buy what they want without taking out a loan, meaning they can buy it in cash. It is still about their content because others are content with it, like having only one single source of income that can provide for them, but others want more as they want to earn more money for their wants and also purchase some stuff.
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Inwestour
Legendary
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July 21, 2023, 09:09:30 AM |
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Others will say they are financially stable if they can eat three times a day and also have no problem buying foods, but others perspective is that they are able to buy what they want without taking out a loan, meaning they can buy it in cash. It is still about their content because others are content with it, like having only one single source of income that can provide for them, but others want more as they want to earn more money for their wants and also purchase some stuff.
It seems to me that it is important to have several sources of income, especially if you have a family for which you are responsible, then if you lose your only source of income, the situation can be critical. If you have several sources of income, and at list one of them can be a passive source of income, then this will certainly make you feel more confident. Take care of the main reliable source of income, and create a few more less significant ones, create a reserve that can hedge you in any situation and I assure you, you will feel comfortable. In the future, the income received will form the capital with which you can create new investments.
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Sayeds56
Copper Member
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July 21, 2023, 10:41:22 AM |
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If your current financial is not able to provide everything you need and after that there is no money left, then it's time to think about it. I mean that you need to have money for the investment process. A person should have a financial cushion that can be used in unforeseen circumstances. Isn't it? It is required to look for additional sources of income that will contribute to this.
In deed, it is important to have some extra money for investment in asset like Bitcoin on regular basis, that can be crucial for achieving goal of financially stability in the long term. If your income is just enough to meet your basic needs of food and health care, then it is high time to consider developing skills to enhance your income. Exploring earning earning opportunities available on internet in IT and ecommerce sectors can be significant step towards achieving this goal.
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Vishnu.Reang
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July 21, 2023, 11:55:13 AM |
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In my point of view financial stability is apart from your basic needs food, shelter and cloths. If you don't have to worry about your medical emergency, good education for your children, getting educational degree from reputed university, several investment in real estate etc. personally I feel this is the symbols of financial stability for any individuals. Financial stability is very crucial in life which needs to be carefully handled because this only will define how we are going to lead a comfortable life in current and in future.
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SmartGold01
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July 21, 2023, 11:56:33 AM |
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When talking of financial stability is something that can never be satisfied and quantified as a being we are we always strive to increase in our financial status regardless of how much we have made and how much keeps flowing and yet still carving for a better tomorrow. That is why today the richest man in Africa today never get satisfied with what he had rather keeps creating more opportunities to increase in his finance, at this we never say they are okay with they earned or what they got from their companies.
Now lemme me bring it down to our level of financial stability; what I can say to my stability is having a cool job or business that's generating a sets of amount for me where in every week or month I received some specific amount to account that foot up all my bills whereby I run not into debt. With this I can boldly say I am satisfied with what I had but know too well as woman or humans we always sources for an increase which I can likely term it to be a firm.
Being famous to me is like acquiring of economic power where the globe would be recognized you as the world richest woman or man, at this point this sets of people keeps venturing into much business, creating ideas to gain more knowledge and in returns generates more wealths. Typical example of such people are Samsung, Apple and Elon Musk. People like Elon Musk are sets people who are business oriented and never want to missed out any little time they had and to them it's a multiplication to their innovation just as he introduced and builts up the solar powered Tesla car.
While Samsung & Apple keeps increasing in their productivities launching various version of their device, all these keeps making them more Richer and yet not satisfied with their current start of income.
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