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Author Topic: What is your biggest obstacle to achieving financial freedom ?  (Read 3987 times)
Russlenat
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January 19, 2023, 10:01:09 PM
 #241

One of the biggest of achieving Financial Freedom has to do with once mindset, there is nothing impossible to achieve if you put your mind to it. So one has to be very positive when you want to get a change. The most most at times is not a problem when people have passion.

Secondly is failing to try new things, a trail and failure gives you a chance but not trying at all is as good as stupid. The environment and people you role with might also limit how you think and reacts.

One really needs a good mentor to help with guidelines with what to do ams what to avoid while trying to be financially stable.
Having a negative mindset will always be the biggest obstacle to attain financial freedom. Losses and failures are part of trading and investing so if you avoid that, you will never be good enough in the crypto market. Always remember that those who have succeeded today have been facing a lot of mistakes and failures in the past. But they focus on having a strong and right mindset that’s why they survived all the trials and achieved financial stability in the end.

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January 21, 2023, 11:59:46 PM
 #242


There are people who do have really have high views and pride into themselves on which they arent working on something that they do know that it isnt worth on their time and their skills which they would really be that demanding and would simply ignore if they are really not that interested.This is where we do really commit up mistakes on which we are really that choosing on something.If you do have that kind of mindset
and perceptions on life then you are really that hindering yourself to have a life which is financially free or having those financial problems that you are facing on just because you are
really just that too choosy on things which arent really meant to be done.
that is correct and they are those who remain choosy and take pride in their self.
I am not sure if they are really the successful people because I have hardly seen them progressing.

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January 22, 2023, 12:26:43 AM
 #243

One of the biggest of achieving Financial Freedom has to do with once mindset, there is nothing impossible to achieve if you put your mind to it. So one has to be very positive when you want to get a change. The most most at times is not a problem when people have passion.

Secondly is failing to try new things, a trail and failure gives you a chance but not trying at all is as good as stupid. The environment and people you role with might also limit how you think and reacts.

One really needs a good mentor to help with guidelines with what to do ams what to avoid while trying to be financially stable.
Having a negative mindset will always be the biggest obstacle to attain financial freedom. Losses and failures are part of trading and investing so if you avoid that, you will never be good enough in the crypto market. Always remember that those who have succeeded today have been facing a lot of mistakes and failures in the past. But they focus on having a strong and right mindset that’s why they survived all the trials and achieved financial stability in the end.
the biggest obstacle I have had is my friends and people I have met in my life - who wanted to suck the last drop of my blood for their interest
I have met some very horrible people during the roller coaster ride of my life. And I repent so much about it.

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January 22, 2023, 11:27:05 AM
 #244

My major obstacle is my stream of income. when you don't have good or multiple stream of income how will one invest, or even save.
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January 23, 2023, 07:49:16 AM
 #245

One of the biggest of achieving Financial Freedom has to do with once mindset, there is nothing impossible to achieve if you put your mind to it. So one has to be very positive when you want to get a change. The most most at times is not a problem when people have passion.

Secondly is failing to try new things, a trail and failure gives you a chance but not trying at all is as good as stupid. The environment and people you role with might also limit how you think and reacts.

One really needs a good mentor to help with guidelines with what to do ams what to avoid while trying to be financially stable.
Having a negative mindset will always be the biggest obstacle to attain financial freedom. Losses and failures are part of trading and investing so if you avoid that, you will never be good enough in the crypto market. Always remember that those who have succeeded today have been facing a lot of mistakes and failures in the past. But they focus on having a strong and right mindset that’s why they survived all the trials and achieved financial stability in the end.
one of the biggest obstacle is my bad luck
I have never been luck - I m not a lazy person either but I lose interest in things which are not giving me benefit.
And the other thing is trusting people - I am such a fool  that I made so many mistakes and never learnt it

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January 23, 2023, 09:51:07 AM
 #246

My biggest obstacle to achieving financial freedom is information, as old as I grow I understand many things at my age right now I understand that information is the difference between the wealthy and the poor.
I understand that information is the difference between a good and a bad investment.
I understand that information is the difference between a peaceful and a war country.
Information can transform someone that earns $1000 a month to earn $1,000,000 in months .

The part of the world I live,  information is being hidden, censored and shared between only the elite class. I am open to information, whoever that has a legit information to making me achieve financial freedom, I am open and ready to contribute all I have and I can .

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January 23, 2023, 10:34:00 AM
 #247

My major obstacle is my stream of income. when you don't have good or multiple stream of income how will one invest, or even save.

If you want more sources of income then you have to work harder and you have to work harder. You cannot expect automatic income to find you.
Your biggest obstacle is you, how many sources of income are up to you, no government can help you or wait for God to help you.
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January 23, 2023, 10:40:52 AM
 #248

If you want more sources of income then you have to work harder and you have to work harder. You cannot expect automatic income to find you.
Your biggest obstacle is you, how many sources of income are up to you, no government can help you or wait for God to help you.
I would respect if there's a religion matter as to how people are being helped with what they think about their careers and businesses. Although it's true that no one will help you to fix yourself and your own life to have more income only you. In the beginning, you have to work harder but do not settle for it, and don't forget that you have to work smarter too. Because most of the richest people today, they've worked hard at the start but when they were able to manage to establish what they've got, they are working smarter every day. With experience, intelligence and being hardworking put them to a place that they're currently enjoying today.

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January 23, 2023, 12:09:30 PM
 #249

~ There is knowledge that are not publicly available because some of it has price and that kind of knowledge that we should seeking for us to think outside of the box that can helps us to achieve financial freedom.

Sounds a bit cryptic to me, but overall I agree that if you want to achieve financial freedom, the lack of knowledge is the main obstacle. I personally think that all the knowledge you need is publicly available, but it has a price, yes, it is true. The price you pay to get that knowledge is your precious time: instead of hanging out with friends, or whatever, you study hard. And yes it's hard, but it pays off.

And the most difficult and rare knowledge and also of high value is Experience. so that someone who can always learn from experience will always have an advantage over others. At least we can't give up. and keep trying to reach your dream. Achieving financial freedom is everyone's dream. But it is rare to achieve it. And when we can't achieve it, it doesn't mean we have to stop. what we do is start to evaluate and try again. because everything can only be achieved gradually. and of course requires patience and perseverance.

Your personal experience is very important, but only when you have some theoretical knowledge to test it on practice. Without that knowledge it's like reinventing the wheel by yourself. With help of the internet we can get statistics on experiences of millions of people, and it is very likely that those data are more important for achieving your financial freedom than your own experience.

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January 23, 2023, 04:21:06 PM
Last edit: July 24, 2023, 04:51:41 AM by slapper
 #250

My biggest obstacle to achieving financial freedom is information, as old as I grow I understand many things at my age right now I understand that information is the difference between the wealthy and the poor.
I understand that information is the difference between a good and a bad investment.
I understand that information is the difference between a peaceful and a war country.
Information can transform someone that earns $1000 a month to earn $1,000,000 in months .

The part of the world I live,  information is being hidden, censored and shared between only the elite class. I am open to information, whoever that has a legit information to making me achieve financial freedom, I am open and ready to contribute all I have and I can .
Education can empower economic independence. Information is crucial in modern society. It might be hard to find trustworthy financial information. This is especially true in countries that limit or ban internet access. Reading and networking with financial experts might provide important information. Online forums and tools provide lots of information and help. Money and investment blogs, forums, and groups are good examples. Financial literacy programs can also teach kids investing and personal money.

Working with a financial advisor or expert can provide more facts. They may tailor advice to your requirements and objectives. They can also assist with financial planning and decision-making. Self-education and research lead to financial freedom. With help and resources, you may learn to make smart financial decisions and achieve your goals

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January 23, 2023, 08:52:43 PM
Merited by fillippone (2), Husna QA (1)
 #251

one of the biggest obstacle is my bad luck
I have never been luck - I m not a lazy person either but I lose interest in things which are not giving me benefit.
And the other thing is trusting people - I am such a fool  that I made so many mistakes and never learnt it
I think no one who has bad luck only. Everyone has good & bad luck, it depends on how the effort is. If you do anything with a smart way, serious, and eager to learn from the mistakes, I believe you will have good luck at the end of the day. But if you only do a small effort and always has negative mindset, you will never have good luck.

IMO, your problems are:
1. Don't want to learn from mistakes
2. Not use a smart way
3. Always think anything negatively (negative mindset)
4. Don't want to try hard efforts


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Marcellin9 (OP)
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January 28, 2023, 01:55:34 AM
 #252

one of the biggest obstacle is my bad luck
I have never been luck - I m not a lazy person either but I lose interest in things which are not giving me benefit.
And the other thing is trusting people - I am such a fool  that I made so many mistakes and never learnt it
I think no one who has bad luck only. Everyone has good & bad luck, it depends on how the effort is. If you do anything with a smart way, serious, and eager to learn from the mistakes, I believe you will have good luck at the end of the day. But if you only do a small effort and always has negative mindset, you will never have good luck.

IMO, your problems are:
1. Don't want to learn from mistakes
2. Not use a smart way
3. Always think anything negatively (negative mindset)
4. Don't want to try hard efforts



Agree. The problems you mentioned apply to many people who are always blaming other people/things when failure comes across. The poisonous mindset stops them from attaining what they want. I'd alway remind myself of this whenever I have a negative thinking.
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January 29, 2023, 01:51:07 PM
 #253

one of the biggest obstacle is my bad luck
I have never been luck - I m not a lazy person either but I lose interest in things which are not giving me benefit.
And the other thing is trusting people - I am such a fool  that I made so many mistakes and never learnt it
I think no one who has bad luck only. Everyone has good & bad luck, it depends on how the effort is. If you do anything with a smart way, serious, and eager to learn from the mistakes, I believe you will have good luck at the end of the day. But if you only do a small effort and always has negative mindset, you will never have good luck.

IMO, your problems are:
1. Don't want to learn from mistakes
2. Not use a smart way
3. Always think anything negatively (negative mindset)
4. Don't want to try hard efforts



Agree. The problems you mentioned apply to many people who are always blaming other people/things when failure comes across. The poisonous mindset stops them from attaining what they want. I'd alway remind myself of this whenever I have a negative thinking.

Like if your mindset is not "poisonous"(whatever that means), you will easily achieve your financial freedom?

Blaming others in your failures isn't going to help you, that's true, but realizing it is only a start. A very good start, I have to admit, but it's not enough for achieving your goal. You have to be ready for a long way through hardworking and many failures. It can be a journey of years, many years, not just one or two. You have to be ready to learn things, like people in this thread have suggested. ... But I agree, blaming others is the first thing you have to abandon.

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letteredhub
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January 29, 2023, 04:16:26 PM
 #254

Time, financial freedom is easy for those who started early and accumulated assets over the course of their lives, but most of us start dealing with money as soon as they get a job, then the responsibility will be great and the return will be very low.
If you start at an early age, for example 14 years old, then by the age of three, you will have come most of the way to financial freedom, unlike if you started at 24 years old.
There are those that started early by all means possible to accumulate right from their very early age but never made it half way to attaining financial freedom. Not because they didn't start well but maybe  because they never had a strong already established background, connections as a pull to support their strive to financial freedom.

So most times, it's necessarily not about starting early, as some persons grew up from an already established background (wealthy family) so accumulating won't be a problem when the zeal is there unlike those of us that came out of backgrounds where we had to start from the scratch, how then can such persons be able to accumulate from early stage of life at 14, when even starting at 24 the needed resources to start may not be readily available.
Theones
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January 29, 2023, 11:38:04 PM
 #255

Time, financial freedom is easy for those who started early and accumulated assets over the course of their lives, but most of us start dealing with money as soon as they get a job, then the responsibility will be great and the return will be very low.
If you start at an early age, for example 14 years old, then by the age of three, you will have come most of the way to financial freedom, unlike if you started at 24 years old.
There are those that started early by all means possible to accumulate right from their very early age but never made it half way to attaining financial freedom. Not because they didn't start well but maybe  because they never had a strong already established background, connections as a pull to support their strive to financial freedom.

So most times, it's necessarily not about starting early, as some persons grew up from an already established background (wealthy family) so accumulating won't be a problem when the zeal is there unlike those of us that came out of backgrounds where we had to start from the scratch, how then can such persons be able to accumulate from early stage of life at 14, when even starting at 24 the needed resources to start may not be readily available.
I think I over work and give my work and my profession and people around me importance more than they deserve.
I trust very easily and I get a good betrayal at the end.

Cryptock
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January 29, 2023, 11:58:33 PM
 #256

Time, financial freedom is easy for those who started early and accumulated assets over the course of their lives, but most of us start dealing with money as soon as they get a job, then the responsibility will be great and the return will be very low.
If you start at an early age, for example 14 years old, then by the age of three, you will have come most of the way to financial freedom, unlike if you started at 24 years old.
There are those that started early by all means possible to accumulate right from their very early age but never made it half way to attaining financial freedom. Not because they didn't start well but maybe  because they never had a strong already established background, connections as a pull to support their strive to financial freedom.

So most times, it's necessarily not about starting early, as some persons grew up from an already established background (wealthy family) so accumulating won't be a problem when the zeal is there unlike those of us that came out of backgrounds where we had to start from the scratch, how then can such persons be able to accumulate from early stage of life at 14, when even starting at 24 the needed resources to start may not be readily available.
well said - some people are very good in taking care of finances.
On the other hand there are people like - who are struggling with the finances all the time

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og kush420
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January 30, 2023, 12:05:15 AM
Last edit: January 30, 2023, 12:22:21 AM by og kush420
 #257

one of the biggest obstacle is my bad luck
I have never been luck - I m not a lazy person either but I lose interest in things which are not giving me benefit.
And the other thing is trusting people - I am such a fool  that I made so many mistakes and never learnt it
I think no one who has bad luck only. Everyone has good & bad luck, it depends on how the effort is. If you do anything with a smart way, serious, and eager to learn from the mistakes, I believe you will have good luck at the end of the day. But if you only do a small effort and always has negative mindset, you will never have good luck.

IMO, your problems are:
1. Don't want to learn from mistakes
2. Not use a smart way
3. Always think anything negatively (negative mindset)
4. Don't want to try hard efforts


Sometime - life is going good but then something has happened which moves our lives upside down. The points you have mentioned are good - one can always remind oneself  of this whenever they have a negative thinking.

Marcellin9 (OP)
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January 30, 2023, 03:20:24 AM
 #258

Time, financial freedom is easy for those who started early and accumulated assets over the course of their lives, but most of us start dealing with money as soon as they get a job, then the responsibility will be great and the return will be very low.
If you start at an early age, for example 14 years old, then by the age of three, you will have come most of the way to financial freedom, unlike if you started at 24 years old.
There are those that started early by all means possible to accumulate right from their very early age but never made it half way to attaining financial freedom. Not because they didn't start well but maybe  because they never had a strong already established background, connections as a pull to support their strive to financial freedom.

So most times, it's necessarily not about starting early, as some persons grew up from an already established background (wealthy family) so accumulating won't be a problem when the zeal is there unlike those of us that came out of backgrounds where we had to start from the scratch, how then can such persons be able to accumulate from early stage of life at 14, when even starting at 24 the needed resources to start may not be readily available.
I think I over work and give my work and my profession and people around me importance more than they deserve.
I trust very easily and I get a good betrayal at the end.

There is nothing wrong to treat your work/family seriously but remember you have to draw a bottom line. If anybody tries to take advantage of you in whatever reason,  please cut them off immediately. If not, an endless horrible life is what you'll get. I believed in good heart and being kind to all the people around me but this ideal does not work in real life. We have to know when to be an asshole in order to survive. Winners always take it all and losers get nothing.
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January 30, 2023, 05:38:54 AM
 #259


Regardless where we live, money is our top priority in order to survive and thrive. Having enough money to fall back on means we are entitled to more choice and possibilities. Like it or not, we are chasing or being forced to chase money in most phases of our life. Financial freedom has been most people's ultimate goal for decades, if not for centuries. To achieve this goal, we will encounter endless challenges. Each of us has a unique life situation so what is your biggest obstacle to achieving it ? I know we can make a long list of problems but there must be one or two primary reasons that really hold you back. This is where we should focus and I would like to hear your story. Thanks.

   -  Almost everyone wants to achieve financial freedom in their life. The problem is that most of them do not make a way to reach it, as if they only want to pay lip service, and only a few are determined and persistent in this matter.

Moreover, if anyone has reached this, the others do not have the discipline to spend on things that are not needed. So the result is that the money we have is spent on useless things. In short, we must know how to handle money and use it properly.

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xSkylarx
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January 30, 2023, 07:10:14 AM
 #260

Time, financial freedom is easy for those who started early and accumulated assets over the course of their lives, but most of us start dealing with money as soon as they get a job, then the responsibility will be great and the return will be very low.
If you start at an early age, for example 14 years old, then by the age of three, you will have come most of the way to financial freedom, unlike if you started at 24 years old.
There are those that started early by all means possible to accumulate right from their very early age but never made it half way to attaining financial freedom. Not because they didn't start well but maybe  because they never had a strong already established background, connections as a pull to support their strive to financial freedom.

So most times, it's necessarily not about starting early, as some persons grew up from an already established background (wealthy family) so accumulating won't be a problem when the zeal is there unlike those of us that came out of backgrounds where we had to start from the scratch, how then can such persons be able to accumulate from early stage of life at 14, when even starting at 24 the needed resources to start may not be readily available.
I think I over work and give my work and my profession and people around me importance more than they deserve.
I trust very easily and I get a good betrayal at the end.

There is nothing wrong to treat your work/family seriously but remember you have to draw a bottom line. If anybody tries to take advantage of you in whatever reason,  please cut them off immediately. If not, an endless horrible life is what you'll get. I believed in good heart and being kind to all the people around me but this ideal does not work in real life. We have to know when to be an asshole in order to survive. Winners always take it all and losers get nothing.

Cutting people off needs courage, and some people do not have it, but it is necessary because you'll end up dragging them down or you'll get affected emotionally, which is very difficult as it could affect your life. Being helpful is best only to those who deserve it, not to those who are already exploiting you; the only solution is to talk to them and make them understand that they have crossed the line, or to cut them directly, but expect a lot of bash.
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