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Author Topic: Get, Save & Invest.  (Read 1144 times)
Quidat
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June 01, 2022, 07:27:31 PM
 #141

Like it is easy to say - get. up and exercise and its difficult to actually get up and exercise.
It is also very difficult to save and invest when you are living paycheck to paycheck. But one should alway have a goal in mind and one should achieve it by hook or by crook.
This is what makes many people greedy but indeed things like this cannot be denied because this is human nature which is never satisfied with the existing situation and always does whatever it takes to do something more there.
But on the other hand it doesn't mean that everyone is like that, there are 1 in a number of people who still don't think about this because in this world we live side by side and of course we have different heads, different thoughts, right?
That situation is not that easy because of the greed but at the same time it requires people to actually make a big deal, I mean if we go with the exercise route for example; if we want to do that, we need to have time and we need to be healthy and we need to have the right stuff to do it (at least a running shoe for example) and we need to have a place to do that. Are these impossible to find? Of course not, but in today's world when living is so boring and gloomy, finding that time and stuff to do it doesn't really attract people.

Same with finances, I can honestly tell you that you could get rich if you just save and do absolutely NOTHING for 10 years, then be rich and not work after that, but does it really worth removing 10 years of life doing absolutely nothing? I do not think so.
Whenever greed is really on the way or something that pops out or having those kind of feeling then this is where people do really end up on being miserable or totally messed up with their finances.
Investing and even saving does really need some proper plans or goals whenever you are really into something and not just tending to make some move without having any basis or projected plans.
Your financial state will really vary on the effort that you had made in the past thats why if you do really persevere on having a better life then having these behavior is a must.

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June 01, 2022, 07:55:58 PM
 #142


This is what makes many people greedy but indeed things like this cannot be denied because this is human nature which is never satisfied with the existing situation and always does whatever it takes to do something more there.
But on the other hand it doesn't mean that everyone is like that, there are 1 in a number of people who still don't think about this because in this world we live side by side and of course we have different heads, different thoughts, right?
That situation is not that easy because of the greed but at the same time it requires people to actually make a big deal, I mean if we go with the exercise route for example; if we want to do that, we need to have time and we need to be healthy and we need to have the right stuff to do it (at least a running shoe for example) and we need to have a place to do that. Are these impossible to find? Of course not, but in today's world when living is so boring and gloomy, finding that time and stuff to do it doesn't really attract people.

Same with finances, I can honestly tell you that you could get rich if you just save and do absolutely NOTHING for 10 years, then be rich and not work after that, but does it really worth removing 10 years of life doing absolutely nothing? I do not think so.
In the last line, I quite agree with what you said, considering that in this case we only live once, of course we can't waste our beautiful time, especially for this young age, it's not at all worth it to do.
But on the other hand, that doesn't mean we have to throw away and waste our money here because this can also hinder your old age.
At least set aside some of it but if we really want something why should it be banned because indeed we get money for that matter provided there is a limit in this case at least we only want something for what we are able to achieve

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June 02, 2022, 11:50:26 AM
 #143

Worlds economy is going to shit these days. I do not think that any of us will have enough time and money to make anything extra. I fear that every dollar, even cent that we get, will go towards surviving. Let’s be honest, the day we are living right now is nothing like 10 years ago, let alone 50 years ago, we are in a situation where everything sucks.

We are barely making any money at all, and we are doing horrible at this moment. People age between 20 to 40 do not have enough money to survive, they barely go by. Most of us do not even own homes, only if our family has enough to help us, that’s it. So, it is really not possible to save these days, it is getting worse each day.

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June 02, 2022, 12:06:20 PM
 #144

Worlds economy is going to shit these days. I do not think that any of us will have enough time and money to make anything extra. I fear that every dollar, even cent that we get, will go towards surviving. Let’s be honest, the day we are living right now is nothing like 10 years ago, let alone 50 years ago, we are in a situation where everything sucks.

We are barely making any money at all, and we are doing horrible at this moment. People age between 20 to 40 do not have enough money to survive, they barely go by. Most of us do not even own homes, only if our family has enough to help us, that’s it. So, it is really not possible to save these days, it is getting worse each day.

i can agree with your sentiments here. but being pessimistic with life is something we don't need right now. the prices of goods, fuel and other basic things needed to survive are increasing everyday. i guess, we can't do anything about that. what we can do is evaluate our lifestyle, do we have things or activities that we can cut down because we are just basically wasting money on those things? we need to be aware of what we are eating or doing every day. because these rising prices won't go away, it will keep on rising. so what we need is to have a lifestyle check.
we need to start on ourselves. otherwise, the people around us or the government won't be there when we badly need them. so take care of your own business.

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Ultegra134
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June 02, 2022, 03:04:16 PM
 #145

Worlds economy is going to shit these days. I do not think that any of us will have enough time and money to make anything extra. I fear that every dollar, even cent that we get, will go towards surviving. Let’s be honest, the day we are living right now is nothing like 10 years ago, let alone 50 years ago, we are in a situation where everything sucks.

We are barely making any money at all, and we are doing horrible at this moment. People age between 20 to 40 do not have enough money to survive, they barely go by. Most of us do not even own homes, only if our family has enough to help us, that’s it. So, it is really not possible to save these days, it is getting worse each day.
Pretty much explained the whole situation, however, despite the the rising inflation and soaring living costs, I'm still managing to to put money aside, but not from my salary. Any amount I earn from signature campaigns, staking or interest from investments and microtasking is not being used for my survival, yet.

On the other hand, my monthly salary is not enough to get by and my bank account is slowly depleting. I don't want to use any of my Bitcoin, because I'm positive that in a few months it'll pay off.

R


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og kush420
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June 05, 2022, 11:44:00 PM
 #146

Worlds economy is going to shit these days. I do not think that any of us will have enough time and money to make anything extra. I fear that every dollar, even cent that we get, will go towards surviving. Let’s be honest, the day we are living right now is nothing like 10 years ago, let alone 50 years ago, we are in a situation where everything sucks.

We are barely making any money at all, and we are doing horrible at this moment. People age between 20 to 40 do not have enough money to survive, they barely go by. Most of us do not even own homes, only if our family has enough to help us, that’s it. So, it is really not possible to save these days, it is getting worse each day.
Pretty much explained the whole situation, however, despite the the rising inflation and soaring living costs, I'm still managing to to put money aside, but not from my salary. Any amount I earn from signature campaigns, staking or interest from investments and microtasking is not being used for my survival, yet.

On the other hand, my monthly salary is not enough to get by and my bank account is slowly depleting. I don't want to use any of my Bitcoin, because I'm positive that in a few months it'll pay off.
This is the forever problem.
When prices of all the essential commodities are rising and the people are struggling to make ends meet. How will people save and invest. This is atleast impossible at least for me.

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June 06, 2022, 10:26:54 AM
 #147

Worlds economy is going to shit these days. I do not think that any of us will have enough time and money to make anything extra. I fear that every dollar, even cent that we get, will go towards surviving. Let’s be honest, the day we are living right now is nothing like 10 years ago, let alone 50 years ago, we are in a situation where everything sucks.

We are barely making any money at all, and we are doing horrible at this moment. People age between 20 to 40 do not have enough money to survive, they barely go by. Most of us do not even own homes, only if our family has enough to help us, that’s it. So, it is really not possible to save these days, it is getting worse each day.
Pretty much explained the whole situation, however, despite the the rising inflation and soaring living costs, I'm still managing to to put money aside, but not from my salary. Any amount I earn from signature campaigns, staking or interest from investments and microtasking is not being used for my survival, yet.

On the other hand, my monthly salary is not enough to get by and my bank account is slowly depleting. I don't want to use any of my Bitcoin, because I'm positive that in a few months it'll pay off.

Realistically most of the average-income people are struggling with their monthly salary coz It will never become excessive, it will always be insufficient.
So, it's gonna be wise to look for a side hustle or start a small business that you could still manage despite of the busy schedules.
In today's market prices, it is almost impossible to save when you earn average income with just one job, let alone buy your own luxuries.
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June 06, 2022, 11:12:45 AM
 #148

Worlds economy is going to shit these days. I do not think that any of us will have enough time and money to make anything extra. I fear that every dollar, even cent that we get, will go towards surviving. Let’s be honest, the day we are living right now is nothing like 10 years ago, let alone 50 years ago, we are in a situation where everything sucks.

We are barely making any money at all, and we are doing horrible at this moment. People age between 20 to 40 do not have enough money to survive, they barely go by. Most of us do not even own homes, only if our family has enough to help us, that’s it. So, it is really not possible to save these days, it is getting worse each day.
Pretty much explained the whole situation, however, despite the the rising inflation and soaring living costs, I'm still managing to to put money aside, but not from my salary. Any amount I earn from signature campaigns, staking or interest from investments and microtasking is not being used for my survival, yet.

On the other hand, my monthly salary is not enough to get by and my bank account is slowly depleting. I don't want to use any of my Bitcoin, because I'm positive that in a few months it'll pay off.
This is the forever problem.
When prices of all the essential commodities are rising and the people are struggling to make ends meet. How will people save and invest. This is atleast impossible at least for me.
Meeting needs is certainly a priority for everyone and even more so at this time the price of necessities is rising, I think this is a problem for people who have a low economy,
clearly with this, whether saving or investing is not a priority,
Hopefully commodity prices will stabilize and that's all we can hope for
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June 06, 2022, 03:02:02 PM
 #149


Meeting needs is certainly a priority for everyone and even more so at this time the price of necessities is rising, I think this is a problem for people who have a low economy,
clearly with this, whether saving or investing is not a priority,
Hopefully commodity prices will stabilize and that's all we can hope for
I don't think the prices will stabilize in near future. What will happen is people will start accepting the high prices and they will eventually start living with them.
There is no hope. Rather oil and gas prices will leave everyone in trouble. Earlier there was COVID not this fuel and gas crisis. We we be able to live in peace? Not in this world.

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June 07, 2022, 09:58:39 PM
 #150

Meeting needs is certainly a priority for everyone and even more so at this time the price of necessities is rising, I think this is a problem for people who have a low economy,
clearly with this, whether saving or investing is not a priority,
Hopefully commodity prices will stabilize and that's all we can hope for
With the inflation as it is right now, and incomes are staying still, unfortunately meeting "needs" became the biggest problem. Look I get it, maybe you won't get a house, or a car, or even like some games or a high end gaming pc, these are "luxury", which we should have, I believe that everyone should own these things, but I get it if you don't and economy is bad enough that you can't.

However, and this part is very important, if people work 5 days a week 6 days a week, probably 8 hours a day at least, and with going to work and coming back spend at least 9-10 hours a day, sleep 8 hours, so have like just 4-5 hours left for themselves all their life, and all that in return of just barely surviving by eating and breathing? I am sorry but that's terrible.
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June 08, 2022, 04:19:55 AM
 #151

Cryptocurrencies give us the freedom to invest at any time, if we see the current price is very cheap then invest immediately and make it for the long term then I'm sure you can make big profits, the principle of a successful investor is to be willing to take risks and of course be patient.
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June 11, 2022, 09:00:44 PM
 #152

Cryptocurrencies give us the freedom to invest at any time, if we see the current price is very cheap then invest immediately and make it for the long term then I'm sure you can make big profits, the principle of a successful investor is to be willing to take risks and of course be patient.
well - in our country - which is a third world country people hardly have money to save and invest nowadays. 
There is a hue and cry everywhere due to inflation and the things have changed the over all economy of my county - how can someone in my country - save and invest when they are hardly making their both ends meet.

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June 11, 2022, 09:55:36 PM
 #153

Cryptocurrencies give us the freedom to invest at any time, if we see the current price is very cheap then invest immediately and make it for the long term then I'm sure you can make big profits, the principle of a successful investor is to be willing to take risks and of course be patient.
well - in our country - which is a third world country people hardly have money to save and invest nowadays. 
There is a hue and cry everywhere due to inflation and the things have changed the over all economy of my county - how can someone in my country - save and invest when they are hardly making their both ends meet.
This is indeed the reality on which people cant really make out some savings due to not right amount of salary or earnings that they could really get out of their day job which even getting some extra amounts would be a tough challenge for them.
Its easy to say from someone on having some savings but its not specially if you do have lots of responsibilities or simply being a family man which would really be ending up on spending it all.
Unless if you have a better job that does have better pay and make out some strict fund management in terms of expenses then you could really have that chance.

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June 12, 2022, 02:44:21 PM
 #154


This is indeed the reality on which people cant really make out some savings due to not right amount of salary or earnings that they could really get out of their day job which even getting some extra amounts would be a tough challenge for them.
Its easy to say from someone on having some savings but its not specially if you do have lots of responsibilities or simply being a family man which would really be ending up on spending it all.
Unless if you have a better job that does have better pay and make out some strict fund management in terms of expenses then you could really have that chance.
That is correct - in my country where 50 percent of the population is below the poverty line. They get limited support from the gov so they depend on the same money for food supply and basic shelters, the same way how can they save and invest when they do have extra money and they live in extreme conditions.

bitzizzix
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June 12, 2022, 03:24:37 PM
 #155

Worlds economy is going to shit these days. I do not think that any of us will have enough time and money to make anything extra. I fear that every dollar, even cent that we get, will go towards surviving. Let’s be honest, the day we are living right now is nothing like 10 years ago, let alone 50 years ago, we are in a situation where everything sucks.

We are barely making any money at all, and we are doing horrible at this moment. People age between 20 to 40 do not have enough money to survive, they barely go by. Most of us do not even own homes, only if our family has enough to help us, that’s it. So, it is really not possible to save these days, it is getting worse each day.
Pretty much explained the whole situation, however, despite the the rising inflation and soaring living costs, I'm still managing to to put money aside, but not from my salary. Any amount I earn from signature campaigns, staking or interest from investments and microtasking is not being used for my survival, yet.

On the other hand, my monthly salary is not enough to get by and my bank account is slowly depleting. I don't want to use any of my Bitcoin, because I'm positive that in a few months it'll pay off.

Realistically most of the average-income people are struggling with their monthly salary coz It will never become excessive, it will always be insufficient.
So, it's gonna be wise to look for a side hustle or start a small business that you could still manage despite of the busy schedules.
In today's market prices, it is almost impossible to save when you earn average income with just one job, let alone buy your own luxuries.
Yes, this is the reality of most people's lives, they can only be satisfied with a month's salary from their work because the increasing needs make it difficult for them to invest and save, sometimes even feel less.
and the only way is to have a side job that can be done outside of working hours, it does require extra time and energy but it can increase your income to be able to save or invest with the aim of creating a business or business that can meet all life needs and continue to invest and also save.
and now we are required to be smart and able to rack our brains on how to live quietly without debt and have a side income other than a steady income in order to live happily.

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savetheFORUM
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June 13, 2022, 04:02:25 AM
 #156

This is indeed the reality on which people cant really make out some savings due to not right amount of salary or earnings that they could really get out of their day job which even getting some extra amounts would be a tough challenge for them.
Its easy to say from someone on having some savings but its not specially if you do have lots of responsibilities or simply being a family man which would really be ending up on spending it all.
Unless if you have a better job that does have better pay and make out some strict fund management in terms of expenses then you could really have that chance.
That is correct - in my country where 50 percent of the population is below the poverty line. They get limited support from the gov so they depend on the same money for food supply and basic shelters, the same way how can they save and invest when they do have extra money and they live in extreme conditions.
On what country do you live anyway? But 50 percent is a lot. The support that they get is limited but at least there are still support. That is better than nothing at all and if govt give them full support, these people won't try hard anymore but they will just depend on the government forever. That is not right.

These people don't need to be lazy but if they want to improve their lives or to possibly get out of poverty then they need to do something like looking for a sideline or side hustle to earn extra. They can then save some of those money and use the money to create a business later on. They can also use it to study so that they can get a better career.
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June 13, 2022, 01:12:19 PM
 #157


On what country do you live anyway? But 50 percent is a lot. The support that they get is limited but at least there are still support. That is better than nothing at all and if govt give them full support, these people won't try hard anymore but they will just depend on the government forever. That is not right.

These people don't need to be lazy but if they want to improve their lives or to possibly get out of poverty then they need to do something like looking for a sideline or side hustle to earn extra. They can then save some of those money and use the money to create a business later on. They can also use it to study so that they can get a better career.
There are countries where a lot of population live below the poverty line. The developed countries and the people living in the rich countries can't understand what people in the underdeveloped countries are going through. BTW - its Pakistan. We fought the 20 years war with USA and this is destroyed the peace of my country and USA was never happy and they never want stability in this country.

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June 13, 2022, 07:42:02 PM
 #158


On what country do you live anyway? But 50 percent is a lot. The support that they get is limited but at least there are still support. That is better than nothing at all and if govt give them full support, these people won't try hard anymore but they will just depend on the government forever. That is not right.

These people don't need to be lazy but if they want to improve their lives or to possibly get out of poverty then they need to do something like looking for a sideline or side hustle to earn extra. They can then save some of those money and use the money to create a business later on. They can also use it to study so that they can get a better career.
There are countries where a lot of population live below the poverty line. The developed countries and the people living in the rich countries can't understand what people in the underdeveloped countries are going through. BTW - its Pakistan. We fought the 20 years war with USA and this is destroyed the peace of my country and USA was never happy and they never want stability in this country.
Political issues and conflicts isnt something that could be easily understand on whats the overall god damn reason on why wars and conflicts continue to exist through ages thats why it wont really be that surprising

that even up to now or very long time those argues are still happening which do really make out some significant effect into its citizens.WE do have lots of countries which do sit down on the lowest possible condition

Lets just accept the reality and work hard and smarter for having a good life in terms of finances and of course it would be depending on what you've been doing.

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June 15, 2022, 09:09:30 PM
 #159



Lets just accept the reality and work hard and smarter for having a good life in terms of finances and of course it would be depending on what you've been doing.
That is correct - there is no use to cry for what is gov doing to us. The only solution is to find a remedy and get it done.
We are reducing the outdoor activities - having solar panels installed. Reduced the grocery and trying to live within our means.

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June 15, 2022, 10:06:48 PM
 #160

Get Money - Save money - Invest money.
Follow the cycle and don't stop half way.

Get Money- Popular opinion is that you need money to get money, any contrary opinion?
Once you have started getting money the next objective should be how to get more.

Save money- To save money is good, another popular opinion to support this is that , the money you save today will save you tomorrow.
The problem however results when you just keep saving money pointlessly without any plans on how what to do with it, The worse of all is saving money in fiat banks, that money will loose value in no time at all.

Invest money- This for me is the last stage in the cycle that creates more money for you to be able to get more money. More money betters ones opportunities.

Follow the cycle, don't stop halfway at saving money.



I think it's very important to save money. With inflation, our money has less and less purchasing power. How to make sure that money does not turn into paper? This is a difficult task. Each person decides for himself how to save his money. How to save your money? For some, this will be an investment, for someone a bank deposit, and someone will invest all their money in cryptocurrency, everything is very individual and there is no unequivocal answer to this question.

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