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Author Topic: What is your biggest obstacle to achieving financial freedom ?  (Read 4179 times)
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April 06, 2023, 05:21:37 PM
 #461

Besides the personal obstacles and the lack of motivation I could feel. I also view my government and local economy to be rather aggressive against people who look forward to open businesses.

It is not only the taxes, but also the fact there are organized crime organizations which try to extort businesses and their operators. In these conditions, it is very unlikely most of the people who wished to become more productive, could do so.

So for now, in order to improve my personal finances I just look forward to work as a professional and save money, so hopefully in the future the environment will change in the favor of the people and the private sector in mi country.

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April 06, 2023, 05:37:14 PM
 #462

In my opinion, the biggest obstacle that I feel is the temptation to buy, when we see interesting things, for example food, household appliances and others, it will be easy to buy, after buying it is sometimes not used, and from this fact, of course, I will get rid of these bad habits.

I think the examples you've mentioned could be consider "needs" for people in their house, like electric fan, AC, refrigerators and of course food. I think it wouldn't be a problem to use your funds in these and not consider as obstacle. Maybe your habit of spending your money in unnecessary things which is not very useful, that is the problem. Because in my case, whenever I need things on my house to easily operate things like vacuum cleaner of course I would buy it, and I don't think of it as a problem to achieve financial freedom, I rather have useful things in my home than to be called as financially free. Maybe my own obstacle to achieve it, is that I lack of investment for my future, to not worry about money since I have investment. I invest few but due to expenses its not that big, but I don't rush things so it would be better than nothing.

Bad habits of buying what you want and what you need, something that you can change and improve in order for you to save something and use it for business or any form of investment, if you can practice not to overspend your salary and have that decent amount for savings, not just for investment but more on emergency purposes.

It's your way of life that make things harder, but if you able to control and change how you look for your future, you'll be able to control buying things that not really needed and only buy things that's needed.

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April 06, 2023, 06:12:15 PM
 #463

What I feel and become the biggest obstacle is I'm afraid to take risks, I have opened a restaurant and the result is a failure, since then I always think a lot to start a business again because I don't want to fail continue, and now I try to produce t -shirts at prices Cheap and I will market 2 or 3 more months.

I totally agree with your perspective that "Fear of failure is the biggest obstacle to achieving success". All of us pass through such kind of situations in our lives where opportunity knocks our door to alter our fortunes but we let it pass by and later we regret.

However, Risk is associated with all kind of investments to some extent, but we need to develop risk assessment skills to manage it.

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April 06, 2023, 07:17:35 PM
 #464

My first obstacle to financial freedom is the government, they don't have enough job opportunities for people that is willing to work for them to be able to put food on their table, instead government comes up with harsh laws to control the citizens financial life by collaborating with financial institutes. That's why government in some countries banned cryptocurrency.

Corruption is a key factor, when the country is corrupt there will be less opportunity the common man to display his talent or skill in the society and achieve his goal,government cares less for citizens and only thinks in how to steal public funds and put their families in big positions in government, nepotism government.

One of them is true, namely the government, because the government seems unable to control market inflation so that the economy in two years
this is getting worse, the community opens a business while the basic price soars if we sell it to the community it is difficult for people to buy because there is no income or money. supposed to make it easier for society in order to be able to make money and be free from what is called finance, the government made regulations so that financial transactions are at shopping centers may use crypto or digital money

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April 06, 2023, 07:42:39 PM
 #465

For anyone not born with a silver spoon, the obstacle will differ, for me, the biggest obstacle is the ability to save, invest and live on just a source of income, seriously it takes a lot of determination and discipline in this present economy.

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April 06, 2023, 07:45:38 PM
 #466

Recently it has been health again. This has happened before, and I am not entirely sure what the reason is, well I know the reason for the current one but in general why so many, but my life has been a sickness followed by another one and followed by another one. Its either me, or my wife, or my mom, or my wives mom, or its something else, even my grandmother passed away during this period, last September. It has been nearly 2 years and it has been consistently sickness after sickness. And when you consider how expensive the hospitals are, and how you have diminishing income when you work less, you realize its just not possible to have a financial freedom when you are not healthy at all.

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April 06, 2023, 07:48:31 PM
 #467

For anyone not born with a silver spoon, the obstacle will differ, for me, the biggest obstacle is the ability to save, invest and live on just a source of income, seriously it takes a lot of determination and discipline in this present economy.
That can't be denied and that's why many people are made to be flexible as well on this current economy state.

It's because the toughness has been into a different level and there are rumors of wars and on going war that's making every commodity too high because it's said to be affecting almost everything.

You as a saver and being an investor is not an obstacle, there might be something that stops you in pursuing that.

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April 06, 2023, 09:51:18 PM
 #468

What I feel and become the biggest obstacle is I'm afraid to take risks, I have opened a restaurant and the result is a failure, since then I always think a lot to start a business again because I don't want to fail continue, and now I try to produce t -shirts at prices Cheap and I will market 2 or 3 more months.

Taking calculated risk, please notice the "calculated" in there is fundamental to develop financial freedom, and failing once is of course a problem. They key is to risk only an amount of time, money and effort that you can really afford to loose and still be able to recover and keep on the game. Sorry for your business, but loosing may have made you a better businessman for the next.

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April 06, 2023, 10:20:21 PM
 #469

the obstacle to financial freedom for me is that it is limited for women who are married and have children to work in one company even though they have previous work experience in one company,
but I am not discouraged to achieve my financial freedom, by working online and trading online is currently more friendly for women who already have husbands and small children

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April 06, 2023, 11:33:54 PM
 #470

the obstacle to financial freedom for me is that it is limited for women who are married and have children to work in one company even though they have previous work experience in one company,
but I am not discouraged to achieve my financial freedom, by working online and trading online is currently more friendly for women who already have husbands and small children

It becomes one of the obstacles for every woman for me, but there are many obstacles from your daily work that you do and examples such as the location of the workplace which is far from where you live and the many characteristics that we do not understand from a job. There is a wage that does not match what you have done from your job. many things have to be rearranged and look for new opportunities to be more advanced.

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April 07, 2023, 03:28:10 AM
 #471

the obstacle to financial freedom for me is that it is limited for women who are married and have children to work in one company even though they have previous work experience in one company,
but I am not discouraged to achieve my financial freedom, by working online and trading online is currently more friendly for women who already have husbands and small children

Indeed there are more challenges for women who are married and have children to achieve financial freedom through traditional job options. Nevertheless, it is great to hear that you are not discouraged and exploring online opportunities such as trading. As trading is associated with some degree of risk, I would suggest you acquiring technical expertise to analyze market which will definitely enhance your chances of becoming a successful trader.

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April 07, 2023, 04:24:20 AM
 #472

the obstacle to financial freedom for me is that it is limited for women who are married and have children to work in one company even though they have previous work experience in one company,
but I am not discouraged to achieve my financial freedom, by working online and trading online is currently more friendly for women who already have husbands and small children

Indeed there are more challenges for women who are married and have children to achieve financial freedom through traditional job options. Nevertheless, it is great to hear that you are not discouraged and exploring online opportunities such as trading. As trading is associated with some degree of risk, I would suggest you acquiring technical expertise to analyze market which will definitely enhance your chances of becoming a successful trader.
Making yourself as a trader is never been that simple whether you are a girl or boy who do have a family or not to raise, we are all thriving to have a life which does have that having no problem when it comes to

finances.It is really just that right that we would really be finding ways for us to more better and trading is also one of the options but not something that someone could easily deal with.
There are lots of things that hinders us from our success, whether we do having no finances for supporting it or we dont have the courage on doing so.
We do know that there are factors in life which we cant be able to do it but its our personal choice.

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April 08, 2023, 06:10:45 PM
 #473

the obstacle to financial freedom for me is that it is limited for women who are married and have children to work in one company even though they have previous work experience in one company,
but I am not discouraged to achieve my financial freedom, by working online and trading online is currently more friendly for women who already have husbands and small children

Indeed there are more challenges for women who are married and have children to achieve financial freedom through traditional job options. Nevertheless, it is great to hear that you are not discouraged and exploring online opportunities such as trading. As trading is associated with some degree of risk, I would suggest you acquiring technical expertise to analyze market which will definitely enhance your chances of becoming a successful trader.
Making yourself as a trader is never been that simple whether you are a girl or boy who do have a family or not to raise, we are all thriving to have a life which does have that having no problem when it comes to

finances.It is really just that right that we would really be finding ways for us to more better and trading is also one of the options but not something that someone could easily deal with.
There are lots of things that hinders us from our success, whether we do having no finances for supporting it or we dont have the courage on doing so.
We do know that there are factors in life which we cant be able to do it but its our personal choice.

Those are facts that really hinder us in moving forward to find alternative ways especially if we are going to proceed and see if opportunities will allow us to work it out, you can always try but the chances of succeeding will rely on how you take every information that has been provided either online or with someone who can understand the business well.

All things will depend on how you take the risk and handle all potential obstacles to find good success from this venue of investment.

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April 08, 2023, 11:24:58 PM
 #474

In my opinion, the biggest obstacle that I feel is the temptation to buy, when we see interesting things, for example food, household appliances and others, it will be easy to buy, after buying it is sometimes not used, and from this fact, of course, I will get rid of these bad habits.

I think the examples you've mentioned could be consider "needs" for people in their house, like electric fan, AC, refrigerators and of course food. I think it wouldn't be a problem to use your funds in these and not consider as obstacle. Maybe your habit of spending your money in unnecessary things which is not very useful, that is the problem. Because in my case, whenever I need things on my house to easily operate things like vacuum cleaner of course I would buy it, and I don't think of it as a problem to achieve financial freedom, I rather have useful things in my home than to be called as financially free. Maybe my own obstacle to achieve it, is that I lack of investment for my future, to not worry about money since I have investment. I invest few but due to expenses its not that big, but I don't rush things so it would be better than nothing.
The biggest obstacle is spending money an unnecessary things,buy things in an expensive prices something of #2000 you bought it #10k or #15k buying that because of flexing, flexing will make it hard for achieving financial freedom and poor planing of financial life and unexpected expenses households, food stuffs if you don't have a good financial plan for your life,you will not make you to achieve financial freedom.getting girlfriend that is not in the same place with you, I mean she is not your wife and she is not in your house, but if she is with you in the house it's less expenses, drinking, drinking will make financial freedom difficult,the place you live,the job you do and the salary, am a lecturer and my salary is #10,000 and my expenses is more than #10,000 no way for financial freedom, and lack of good financial plan in the future.
That is so true - after COVID many things went online and shopping has been so easy.
Now I am so much in trouble because I make so much online purchase! Even if I dont go to market.

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April 08, 2023, 11:55:55 PM
 #475

In my opinion, the biggest obstacle that I feel is the temptation to buy, when we see interesting things, for example food, household appliances and others, it will be easy to buy, after buying it is sometimes not used, and from this fact, of course, I will get rid of these bad habits.

I think the examples you've mentioned could be consider "needs" for people in their house, like electric fan, AC, refrigerators and of course food. I think it wouldn't be a problem to use your funds in these and not consider as obstacle. Maybe your habit of spending your money in unnecessary things which is not very useful, that is the problem. Because in my case, whenever I need things on my house to easily operate things like vacuum cleaner of course I would buy it, and I don't think of it as a problem to achieve financial freedom, I rather have useful things in my home than to be called as financially free. Maybe my own obstacle to achieve it, is that I lack of investment for my future, to not worry about money since I have investment. I invest few but due to expenses its not that big, but I don't rush things so it would be better than nothing.
The biggest obstacle is the temptation in the world around.
The online store has made the life of people difficult

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April 09, 2023, 05:24:49 AM
 #476

the obstacle to financial freedom for me is that it is limited for women who are married and have children to work in one company even though they have previous work experience in one company,
but I am not discouraged to achieve my financial freedom, by working online and trading online is currently more friendly for women who already have husbands and small children
well maybe that can happen too. but luckily now there are many jobs that can be done online. even my friend's wife has had success selling clothes and cosmetics on social media platforms such as tiktok and facebook. he already has so many followers that he can carry out sales and marketing practically through social media platforms. and her income now even exceeds that of her husband. so now even her husband (my friend) is helping in her online business. and this is an example that when we have the motivation to achieve success. then as long as we keep trying there will always be a way to achieve it. at the beginning it might be difficult but we should not give up and keep trying again and learning every stage that has been passed so that we don't fail again. I hope you will also be more successful with all the work you do online.

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April 09, 2023, 06:01:10 PM
 #477

In my opinion, the biggest obstacle that I feel is the temptation to buy, when we see interesting things, for example food, household appliances and others, it will be easy to buy, after buying it is sometimes not used, and from this fact, of course, I will get rid of these bad habits.

I think the examples you've mentioned could be consider "needs" for people in their house, like electric fan, AC, refrigerators and of course food. I think it wouldn't be a problem to use your funds in these and not consider as obstacle. Maybe your habit of spending your money in unnecessary things which is not very useful, that is the problem. Because in my case, whenever I need things on my house to easily operate things like vacuum cleaner of course I would buy it, and I don't think of it as a problem to achieve financial freedom, I rather have useful things in my home than to be called as financially free. Maybe my own obstacle to achieve it, is that I lack of investment for my future, to not worry about money since I have investment. I invest few but due to expenses its not that big, but I don't rush things so it would be better than nothing.
The biggest obstacle is spending money an unnecessary things,buy things in an expensive prices something of #2000 you bought it #10k or #15k buying that because of flexing, flexing will make it hard for achieving financial freedom and poor planing of financial life and unexpected expenses households, food stuffs if you don't have a good financial plan for your life,you will not make you to achieve financial freedom.getting girlfriend that is not in the same place with you, I mean she is not your wife and she is not in your house, but if she is with you in the house it's less expenses, drinking, drinking will make financial freedom difficult,the place you live,the job you do and the salary, am a lecturer and my salary is #10,000 and my expenses is more than #10,000 no way for financial freedom, and lack of good financial plan in the future.
That is correct - things are getting tough with the passage of time
Inflation has made the life of people very difficult - sometime people like to have pity party while the other would like to work and stay strong. My biggest obstacle is trusting other.

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April 09, 2023, 06:16:26 PM
 #478


well maybe that can happen too. but luckily now there are many jobs that can be done online. even my friend's wife has had success selling clothes and cosmetics on social media platforms such as tiktok and facebook. he already has so many followers that he can carry out sales and marketing practically through social media platforms. and her income now even exceeds that of her husband. so now even her husband (my friend) is helping in her online business. and this is an example that when we have the motivation to achieve success. then as long as we keep trying there will always be a way to achieve it. at the beginning it might be difficult but we should not give up and keep trying again and learning every stage that has been passed so that we don't fail again. I hope you will also be more successful with all the work you do online.
I know a case when a girl went on maternity leave and also at that time started selling children's clothes on social media platforms, the result of her undertakings led to the fact that she did not return to work after the decree, because the income from selling on the Internet was higher than her salary. In the book "The millionaire mind" by Thomas J. Stanley, there are many examples where the spouses began to engage in small business and in the end it grew into something more serious and helped them make a good fortune. So to some extent it can lead to financial freedom.

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April 09, 2023, 06:25:26 PM
 #479

the obstacle to financial freedom for me is that it is limited for women who are married and have children to work in one company even though they have previous work experience in one company,
but I am not discouraged to achieve my financial freedom, by working online and trading online is currently more friendly for women who already have husbands and small children
well maybe that can happen too. but luckily now there are many jobs that can be done online. even my friend's wife has had success selling clothes and cosmetics on social media platforms such as tiktok and facebook. he already has so many followers that he can carry out sales and marketing practically through social media platforms. and her income now even exceeds that of her husband. so now even her husband (my friend) is helping in her online business. and this is an example that when we have the motivation to achieve success. then as long as we keep trying there will always be a way to achieve it. at the beginning it might be difficult but we should not give up and keep trying again and learning every stage that has been passed so that we don't fail again. I hope you will also be more successful with all the work you do online.
my biggest obstacle is the bad people who always think since I am single and earning so I don't need money and they deserve my money more than I deserve myself.

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April 10, 2023, 07:22:51 AM
 #480

the obstacle to financial freedom for me is that it is limited for women who are married and have children to work in one company even though they have previous work experience in one company,
but I am not discouraged to achieve my financial freedom, by working online and trading online is currently more friendly for women who already have husbands and small children
well maybe that can happen too. but luckily now there are many jobs that can be done online. even my friend's wife has had success selling clothes and cosmetics on social media platforms such as tiktok and facebook. he already has so many followers that he can carry out sales and marketing practically through social media platforms. and her income now even exceeds that of her husband. so now even her husband (my friend) is helping in her online business. and this is an example that when we have the motivation to achieve success. then as long as we keep trying there will always be a way to achieve it. at the beginning it might be difficult but we should not give up and keep trying again and learning every stage that has been passed so that we don't fail again. I hope you will also be more successful with all the work you do online.
my biggest obstacle is the bad people who always think since I am single and earning so I don't need money and they deserve my money more than I deserve myself.

Mmm...that sounds familiar and I have experienced that before. I am not going to explain my story here but I totally get what you mean. There are so many people around us, including the people that are closest to us, who are trying to take advantage of us in the name of the moral goods. Always put other people's needs before mine ? That's the only message thoese people trying to instill into our head. In reality, money is a magic test to show people who they are. I am old enough to tell the people I really trust and give my hand to from the bad ones that don't deserve my trust. To avoid to be taken advantage of, we'd better be wise and decisive.
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