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Author Topic: What is your biggest obstacle to achieving financial freedom ?  (Read 4196 times)
EarnOnVictor
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April 17, 2023, 07:52:50 AM
 #501


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.
Only few percent has enough money, everyone is looking for more money that is why we have a lot of strategy but it is still hard to find because not all strategy is lucky sometimes it can drag us down, just like taking a loan to invest very risky strategy it can drag us more down if we are not lucky. For me the biggest obstacle is the capital, because i don't have a capital to build business to have financial freedom.
In every place there will be some obstacles. Those who go beyond all these obstacles will be able to stand at the doorstep of success. Every human being on earth wants his economic freedom due to which they always struggle. Many have been struggling for a long time for economic independence and many are easily successful there. Here the fate some times works to favor. However, it is true that those who will properly focus on a specific goal he will get the success today or tomorrow.
Well said, everyone needs financial freedom and deserves it as well, but our actions and inactions matter to achieving this goal. Some want it but cannot sacrifice to achieve it, while some will always procrastinate in taking efforts to achieve this. Also, some people are just too lazy, they want money to meet them at their relaxed position which I don't think is possible in this present dispensation unless you are a spoilt brat from a rich family.

Favour doesn't go to an idle hand, it's our efforts that show us to the world which could in turn favours us.

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April 17, 2023, 08:39:53 AM
 #502

Currently, the lack of support from people close to me is probably one of my obstacles to achieving financial freedom. Many people are not sure if I can do something to achieve this. Apart from that, there is a lack of access to find information about a field that I am passionate about, therefore I do not have the skills. enough to pursue my chosen field

If we already have good experience about plans to achieve financial freedom then leave people who don't support, don't just depend on people who support, life will always be difficult and often different from reality so self-motivation is the most important thing.

That's what I wanted to say, don't be dependent on others' support. If you feel lack of knowledge in the field that you are passionate about, use the internet to find the knowledge there. Although many courses require payment, there are free courses that can give you what you need. Just don't give up. Learn what you need. And you'll find a good job eventually and will be financially independent.

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Jatiluhung
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April 17, 2023, 12:24:03 PM
 #503

Currently, the lack of support from people close to me is probably one of my obstacles to achieving financial freedom. Many people are not sure if I can do something to achieve this. Apart from that, there is a lack of access to find information about a field that I am passionate about, therefore I do not have the skills. enough to pursue my chosen field

If we already have good experience about plans to achieve financial freedom then leave people who don't support, don't just depend on people who support, life will always be difficult and often different from reality so self-motivation is the most important thing.

That's what I wanted to say, don't be dependent on others' support. If you feel lack of knowledge in the field that you are passionate about, use the internet to find the knowledge there. Although many courses require payment, there are free courses that can give you what you need. Just don't give up. Learn what you need. And you'll find a good job eventually and will be financially independent.
i agree with this. we must try to be independent. even when we don't get support from the people around us. then all we need to do is prove that we can be successful even without the support of those who don't support us. and believe that the people who did not support us before, when we are successful, they will be the first to approach us. and that's when we can be proud of what we have accomplished.

the point is to keep thinking positively and keep trying to get additional insight from wherever it is. and currently utilizing the internet is indeed the easiest thing to do. everything can be learned from the internet. as long as we have access to reach it.

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April 17, 2023, 05:29:18 PM
 #504

I'm learning a lot about my family's financial position from the life I'm currently leading. I'm a guy that always walks the straight and narrow and won't deviate from the written law. In addition to doing a part-time job at a nearby bar, I am also continuing my studies (engineering). Because it's difficult for me to make ends meet with a single job, I additionally supplement my income through earnings from my participation in forums and other side businesses.

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April 17, 2023, 05:49:18 PM
 #505

Currently, the lack of support from people close to me is probably one of my obstacles to achieving financial freedom. Many people are not sure if I can do something to achieve this. Apart from that, there is a lack of access to find information about a field that I am passionate about, therefore I do not have the skills. enough to pursue my chosen field

If we already have good experience about plans to achieve financial freedom then leave people who don't support, don't just depend on people who support, life will always be difficult and often different from reality so self-motivation is the most important thing.

That's what I wanted to say, don't be dependent on others' support. If you feel lack of knowledge in the field that you are passionate about, use the internet to find the knowledge there. Although many courses require payment, there are free courses that can give you what you need. Just don't give up. Learn what you need. And you'll find a good job eventually and will be financially independent.

You need to be keen in finding the right information and yes there's always a way for free one you just need to be more resourceful, if you want to succeed you need to work it out even there are hardship and failures what matters is you are not giving up and you are really trying your best, we never know where success will come but the feeling of achieving it will be sweeter than anything else right?

Keep trying and keep experimenting. There's always the right way to follow and once you discover it, you'll be able to enhance it for good.

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April 17, 2023, 09:24:14 PM
 #506

But the purpose behind taking the loan is important; if you really need money for an emergency, like hospitalization, you have no choice but to take out a loan because without it you'd be suffering, though if you just took a loan to buy an expensive phone or to fulfill your wants, that is really bad. I believe we are all struggling to repay our loans because we could have paid them off in cash instead of taking out loans. The problem now is that this is all we will do because our salary is not enough for us, and we can't even save money for emergencies due to our low salaries.
I cannot save money - the biggest problem is if I have funds in my account - I will drain them until I am almost at the end of them
then I would feel depressed for not having funds in my account and the stories goes on every month

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April 17, 2023, 09:50:02 PM
 #507

Achieving financial freedom is not easy, and everyone knows that. Especially if you come from a hard life. That requires intense determination, and hard work that includes patience.

       And the people who get financial freedom are the ones people who searched for the right system, had big dreams, passion in life and will do the thing no matter what it takes and not just I'll do my best. Instead only self-motivated and dreamers really get financial freedom and spend a long time.

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milewilda
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April 17, 2023, 09:59:22 PM
 #508

Achieving financial freedom is not easy, and everyone knows that. Especially if you come from a hard life. That requires intense determination, and hard work that includes patience.

       And the people who get financial freedom are the ones people who searched for the right system, had big dreams, passion in life and will do the thing no matter what it takes and not just I'll do my best. Instead only self-motivated and dreamers really get financial freedom and spend a long time.
You would really be needing to exert effort and be wise on whatever your actions would be, because if you do wish to have a better life but you dont really make out some actions then it would be all useless.
We are all hoping to have a good living on which we dont have any problems when it comes to money or finances which is something that we are thriving to reach up that state as of today.
This is why we do really need up to act and make wise decisions towards our investment and building up some business to have other sources of income.Yes, it wont be that simple but this is the
only way we could really improve out ourselves when it comes to financial progress.

puloweh555
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April 17, 2023, 11:28:05 PM
 #509

Financial freedom is indeed a goal that many people want, achieving it can be very difficult and even people who have achieved financial freedom can experience bankruptcy if they are not careful and I have been in that pase. However, I'm not giving up now I'm starting with saving in bitcoin, I'm building a very good habit to achieve my financial goals in the future. Even if it's only saving a small portion of my income each month, if I do it consistently, I'll continue to build savings and earn profits in the future.

I want to suggest that you not only save in bitcoins, but also expand your financial knowledge. Learn about other investments and find strategies to better manage your finances. There are many resources and apps available online to help you learn about finance, such as money management, investing and risk management.

I think With consistent determination and hard work, we can achieve financial freedom in the future. Keep saving and learning about finances, and don't forget to enjoy the process.

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April 19, 2023, 03:40:28 AM
 #510

Financial freedom is indeed a goal that many people want, achieving it can be very difficult and even people who have achieved financial freedom can experience bankruptcy if they are not careful and I have been in that pase. However, I'm not giving up now I'm starting with saving in bitcoin, I'm building a very good habit to achieve my financial goals in the future. Even if it's only saving a small portion of my income each month, if I do it consistently, I'll continue to build savings and earn profits in the future.

I want to suggest that you not only save in bitcoins, but also expand your financial knowledge. Learn about other investments and find strategies to better manage your finances. There are many resources and apps available online to help you learn about finance, such as money management, investing and risk management.

I think With consistent determination and hard work, we can achieve financial freedom in the future. Keep saving and learning about finances, and don't forget to enjoy the process.
That's a good point, make it a good habit when saving your money and find the right and fit way for your investment, there are things that might affects you while doing that but with good determination and willingness to achieve financial freedom I guess you can succeed on it, you need to make sure that you are enjoying whatever adjustment in spending your money is you need to take care, things are only difficult if you can't limit yourself in using your spare money.

But if you can forget about extra spending and only use it from what you need, then for sure you'll achieve good success.

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loopes
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April 19, 2023, 05:20:58 AM
Last edit: April 22, 2023, 11:41:08 AM by loopes
 #511

Financial freedom is indeed a goal that many people want, achieving it can be very difficult and even people who have achieved financial freedom can experience bankruptcy if they are not careful and I have been in that pase. However, I'm not giving up now I'm starting with saving in bitcoin, I'm building a very good habit to achieve my financial goals in the future. Even if it's only saving a small portion of my income each month, if I do it consistently, I'll continue to build savings and earn profits in the future. - snip-
That's a good point, make it a good habit when saving your money and find the right and fit way for your investment, there are things that might affects you while doing that but with good determination and willingness to achieve financial freedom I guess you can succeed on it, you need to make sure that you are enjoying whatever adjustment in spending your money is you need to take care, things are only difficult if you can't limit yourself in using your spare money
-snip-
It sounds good to hear that you build a good habit to try to saving small portion of your income. But to achieve financial freedom not only need a consistency to do saving but also you should decide your financial aim and direction. Many people are facing some troubles / obstacles because they do not have any financial aim & direction.

To handle this obstacle, you have to make the direction and certain that it will be possible to do with certain range of time to be achieved. Example = you have a small retail business, then with your current omzet, you prospect to build a branch, after self calculation, it may be possible after 2 years with constant omzet.

This such plan will make you try to be consistent with your effort to achieve your financial aim.

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UNISWAP
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April 19, 2023, 07:37:01 AM
 #512

Achieving financial freedom is not easy, and everyone knows that. Especially if you come from a hard life. That requires intense determination, and hard work that includes patience.

       And the people who get financial freedom are the ones people who searched for the right system, had big dreams, passion in life and will do the thing no matter what it takes and not just I'll do my best. Instead only self-motivated and dreamers really get financial freedom and spend a long time.

I like stories where someone achieves financial freedom easily and quickly, I know it's rare but still. Hard to work, saving it is a very long journey that can take a lot of time, you may have to work until old age, which would be very undesirable. I want to be free when you are still young in order to have time to see the world and at the same time not think about money.

 
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AnonBitCoiner
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April 19, 2023, 06:31:35 PM
 #513

Actually people who are wealthy have more opportunities to enhance their money so therefore they don't face any difficulty to achieve their goals whereas all the other people who don't have sufficient money faces some sort of obstacles. When at the beginning I want to start some business or make investment then I didn't have any money and this was a biggest obstacles.

Actually financial freedom will achieve when you have your own money you have the way to earn money and you have the opportunity to use your money in any field. And for financial freedom investment is the best opportunity because it will give you an opportunity to enhance money but if you have some knowledge about it.



 

 

 

 

 

 


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Fredomago
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April 20, 2023, 03:38:01 PM
 #514

Financial freedom is indeed a goal that many people want, achieving it can be very difficult and even people who have achieved financial freedom can experience bankruptcy if they are not careful and I have been in that pase. However, I'm not giving up now I'm starting with saving in bitcoin, I'm building a very good habit to achieve my financial goals in the future. Even if it's only saving a small portion of my income each month, if I do it consistently, I'll continue to build savings and earn profits in the future. - snip-
That's a good point, make it a good habit when saving your money and find the right and fit way for your investment, there are things that might affects you while doing that but with good determination and willingness to achieve financial freedom I guess you can succeed on it, you need to make sure that you are enjoying whatever adjustment in spending your money is you need to take care, things are only difficult if you can't limit yourself in using your spare money
-snip-
It sounds good to hear that you build a good habit to try to saving small portion of you income. But to achieve financial freedom not only need consistency to do saving but also you should decide your financial aim and direction. Many people facing some troubles / obstacles because they do not have any financial aim & direction.

To handle this obstacle, you have to make the direction and certain that it is possible to do with certain range of time to achieve. Example = you have a small business, then with your current omzet, you prospect to build a branch, after you calculate, it may be possible after 2 years with constant omzet.

This such plan will make you try to be consistent with your effort to achieve your goal.


You are right, without a doubt with a good plan and with the knowledge about the business it may allow you to achieve that aim, it's your mindset that will give you the right focus to achieve your goal, with proper planning and executions there are always good reflections to your success, don't just dream but believe that things are achievable if you are really keen to find the successful way to achieved.

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April 22, 2023, 11:50:31 PM
Last edit: April 23, 2023, 02:27:20 AM by Cryptock
 #515

Achieving financial freedom is not easy, and everyone knows that. Especially if you come from a hard life. That requires intense determination, and hard work that includes patience.

       And the people who get financial freedom are the ones people who searched for the right system, had big dreams, passion in life and will do the thing no matter what it takes and not just I'll do my best. Instead only self-motivated and dreamers really get financial freedom and spend a long time.
That is so correct.
Sometime we learn the patience thing very hard and late in life. . . Life is bitter most of the time - so when it is sweet enjoy that rare moment

.
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og kush420
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April 22, 2023, 11:56:03 PM
Last edit: April 23, 2023, 02:14:12 AM by og kush420
 #516

To achieve financial freedom is certainly not an easy thing, especially since the cost of living continues to increase due to many factors such as inflation and unforeseen needs. To achieve financial freedom, what I do is spread money to many types of investments, including cryptocurrencies.
Simply put, when you don't have debt to cover living expenses, then you are among those who have achieved financial freedom. But in a broader sense, you may have to have lot of money to achieve financial freedom, I mean when you no longer have financial problems when you have to spend a lot of money.

Having passive income and having investments are things that will greatly support financial freedom. But the investment must be worth it with the risk, meaning you can expect returns within certain period of time. Gold, bitcoin, altcoin and several other investments may be considered, but still within the limits of your financial capabilities.
Here in my country - people are now very upset due to price hike
now the middle class people are in trouble because they they cant beg and they are not earning enough to meet their expenses

Not only in your country, actually in any country for middle class, they are quite struggling to cover their expenses once the economy is going south. The phrase "middle class trap" is true because once you consider yourself as a middle class person, you have to live a lifestyle that may potentially outfit your income and in the long term drag you into finance trouble. I have seen so many people who have fallen in the trap and can not escape. What is the best way to avoid it ? Be ware and stay away from it as much as possible.
That is a very good point mentioned. I wish to live in wood to escape all the selfish stuff in the urban area.
Its good not to have phone and wifi for quite some time.

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April 23, 2023, 09:47:46 AM
 #517

~ That's what I wanted to say, don't be dependent on others' support. If you feel lack of knowledge in the field that you are passionate about, use the internet to find the knowledge there. Although many courses require payment, there are free courses that can give you what you need. Just don't give up. Learn what you need. And you'll find a good job eventually and will be financially independent.

You need to be keen in finding the right information and yes there's always a way for free one you just need to be more resourceful, if you want to succeed you need to work it out even there are hardship and failures what matters is you are not giving up and you are really trying your best, we never know where success will come but the feeling of achieving it will be sweeter than anything else right?

Keep trying and keep experimenting. There's always the right way to follow and once you discover it, you'll be able to enhance it for good.

So, the biggest obstacle is not trying. The biggest obstacle is thinking that being financially dependent is your fate and you have to live with it. Today, when we have the internet around, this is never the case. Yes, it can take years of unsuccessful tires, but you will find what you are looking for eventually. If you don't have time, do it once in a week, but do it.

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Jatiluhung
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April 23, 2023, 12:16:24 PM
 #518

So, the biggest obstacle is not trying. The biggest obstacle is thinking that being financially dependent is your fate and you have to live with it. Today, when we have the internet around, this is never the case. Yes, it can take years of unsuccessful tires, but you will find what you are looking for eventually. If you don't have time, do it once in a week, but do it.
yeah right. At least people who are afraid to try then they have lost before going to war. they will never even make progress in life because they are too afraid to go any further. At least we have to try every opportunity that comes to us. Getting financial freedom is something that definitely requires more effort than the efforts of ordinary people. if ordinary people do hard work as much as 30% then people who want to achieve financial freedom have to work twice as hard as ordinary people, namely 60%.

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nara1892
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April 23, 2023, 12:45:44 PM
 #519

~ That's what I wanted to say, don't be dependent on others' support. If you feel lack of knowledge in the field that you are passionate about, use the internet to find the knowledge there. Although many courses require payment, there are free courses that can give you what you need. Just don't give up. Learn what you need. And you'll find a good job eventually and will be financially independent.

You need to be keen in finding the right information and yes there's always a way for free one you just need to be more resourceful, if you want to succeed you need to work it out even there are hardship and failures what matters is you are not giving up and you are really trying your best, we never know where success will come but the feeling of achieving it will be sweeter than anything else right?

Keep trying and keep experimenting. There's always the right way to follow and once you discover it, you'll be able to enhance it for good.

So, the biggest obstacle is not trying. The biggest obstacle is thinking that being financially dependent is your fate and you have to live with it. Today, when we have the internet around, this is never the case. Yes, it can take years of unsuccessful tires, but you will find what you are looking for eventually. If you don't have time, do it once in a week, but do it.
One step at the beginning is a difficult thing to do, but it's not as difficult to maintain what we have started. Try everything, even if we don't succeed after trying at least we will get a very valuable experience for the future. Don't be afraid to start and try, because if we can't do that we won't know what potential is within us, besides that keep learning and adding knowledge to ourselves, it will really help us. But now I see many people who are afraid to start, that's what makes it difficult to move from their comfort zone.

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YinShuiSiYuan
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April 23, 2023, 12:52:39 PM
 #520

~ That's what I wanted to say, don't be dependent on others' support. If you feel lack of knowledge in the field that you are passionate about, use the internet to find the knowledge there. Although many courses require payment, there are free courses that can give you what you need. Just don't give up. Learn what you need. And you'll find a good job eventually and will be financially independent.

You need to be keen in finding the right information and yes there's always a way for free one you just need to be more resourceful, if you want to succeed you need to work it out even there are hardship and failures what matters is you are not giving up and you are really trying your best, we never know where success will come but the feeling of achieving it will be sweeter than anything else right?

Keep trying and keep experimenting. There's always the right way to follow and once you discover it, you'll be able to enhance it for good.

So, the biggest obstacle is not trying. The biggest obstacle is thinking that being financially dependent is your fate and you have to live with it. Today, when we have the internet around, this is never the case. Yes, it can take years of unsuccessful tires, but you will find what you are looking for eventually. If you don't have time, do it once in a week, but do it.
One step at the beginning is a difficult thing to do, but it's not as difficult to maintain what we have started. Try everything, even if we don't succeed after trying at least we will get a very valuable experience for the future. Don't be afraid to start and try, because if we can't do that we won't know what potential is within us, besides that keep learning and adding knowledge to ourselves, it will really help us. But now I see many people who are afraid to start, that's what makes it difficult to move from their comfort zone.
The biggest obstacle having financial freedom is fear , when you have fear to take risks and you don't take chances in life you'll end up in trouble.
The first and foremost thing in life should be you should be courageous about your decisions and you should have face the consequences with open heart. This This thing will help you to move lot forward in life and to achieve anything you want.

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