How to thrive with low income in a humble area

[fuer44]

An explanation of how staying thriving in a low-income area is a way to survive. If it continues like that then it will be difficult for us to develop. The right way to grow is to take the risk to get out to a place with high mobility so that it can cover all aspects of the business that can be used as opportunities.

the best practice is to have some emergency funds.
Work hard - have a roof over your head and be thankful to God whatever you have. The greed for more and the worry for the future is always a useless thing and killing our present joy.

A greedy person will not be happy and he will die before he can enjoy the money or wealth he has, every day he will always think about adding money and not caring about other people, nowadays many people are difficult and doing social activities such as helping others is noble things that will make the heart happy and of course eliminate greed.

Please be able to understand the difference between self-improvement and greed, because it is very clearly different. In today's modern economic era, we are required to always be able to develop ourselves and that is not something wrong. Getting a bigger income from the results of self-development is a fair result.

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[browsiek]

One of the biggest difficults in life is to manage growing your patrimony and income, when earning minimum wage and living in poor areas where opportunities are scarce, as is the money circulating in the local economy.

Very true, I live in such an area and the salary is quite meager 600-700$/month.  In general, if you have a family and children, most of the living expenses will be equivalent to nearly $500/month.  If you do not have a family, your savings will be greater with $300-350/month.  For such a fixed job and salary in the modest sector, the most important thing is to save, spend appropriately and take advantage of opportunities from savings to invest properly.  Human needs are infinite, each income generated / compared to expenditure is different.  I don't think anyone should learn from the wasteful spending problem that you have to bear the consequences of.

actually it's not about how much we earn but how can we manage it well?  from what I observed in the neighborhood around the house where the average income is low, those who can manage money well can make ends meet while people who cannot manage it live with pressure, both debt and lifestyle.  when we are able to save some of our income by putting aside what is not a basic need, then we can develop well and be able to inherit some of the assets for our children later.

[Godday]

I also have a little advice for you guys on this topic.  And that is, multiply your connections and relationships.  This is important.  In modern times like this where everything is connected, relationships and connections play an important role in success that makes you move from poor areas.  From the number of relationships and friendships we build, we can create many possibilities and many variables in our path to success.

[MarjorieZimmermanGinger]

I also have a little advice for you guys on this topic.  And that is, multiply your connections and relationships.  This is important.  In modern times like this where everything is connected, relationships and connections play an important role in success that makes you move from poor areas.  From the number of relationships and friendships we build, we can create many possibilities and many variables in our path to success.

If we only rely on connections, then it's the same as we still depend on other people, if we don't come from a respected family, these connections are also quite difficult for us to get. At this time we also have to be realistic, where to start doing it yourself with a simple pattern is much better, for example trying to do business and investing with small capital that is done consistently. Connections can be used when we already have other devices as a support, so that building relationships becomes easier, because people have seen the process we are doing.

Another indicator I think is very important in managing whatever we want to do, while it's the process that makes it difficult for people to survive, because there are no other supporting factors when starting to do all that, so the burden completely becomes a process that we have to go through. The point is to be consistent, don't give up easily and continue to improve your ability to build relationships.

[lixer]

A greedy person will not be happy and he will die before he can enjoy the money or wealth he has, every day he will always think about adding money and not caring about other people, nowadays many people are difficult and doing social activities such as helping others is noble things that will make the heart happy and of course eliminate greed.

Please be able to understand the difference between self-improvement and greed, because it is very clearly different. In today's modern economic era, we are required to always be able to develop ourselves and that is not something wrong. Getting a bigger income from the results of self-development is a fair result.

He didn't mention self-improvement there, only pure greed but you are right that both has differences. If we are almost helpless then we need to prioritize ourselves first before the others. There is the time that we can also seek a help from others but once we get up and are now successful in life, we also ensure that we will return the favor to them. Humble area, can be a small area and the cost of living there is not expensive so it's much easier to thrive here.

It only becomes hard if the person is not humble enough because he will pretend to be rich to look superior to others and the cost of it is that he will spend more but he will also struggle secretly.

[Russlenat]

An explanation of how staying thriving in a low-income area is a way to survive. If it continues like that then it will be difficult for us to develop. The right way to grow is to take the risk to get out to a place with high mobility so that it can cover all aspects of the business that can be used as opportunities.

the best practice is to have some emergency funds.
Work hard - have a roof over your head and be thankful to God whatever you have. The greed for more and the worry for the future is always a useless thing and killing our present joy.

We can always think about our future and it’s called preparation, but being greedy and self-centered will never help you to achieve your goal. However, it’s a good thing to have a savings for emergency funds, that way if you get fired from your work or your company has closed its operation, at least you can still use your emergency funds temporarily. But finding a good and stable job should be our focus especially if you’re a family man, and then increase your means of income so you will have multi sources of funds that will give you passive income.

[Botnake]

* Don't forget to spend only a teeny tiny of money on wants, and only buy wants when you have a budget oversupply. Needs first — always.

* Increase your income. Saving can do so much.

Always focus and prioritize your basic needs, that way you will sure to survive even with less amount of penny. But never settle on one income that is only giving you a minimal income. Learn to get out from your comfort zone and develop your skills and talents, that way you can accept side hustles that will provide you additional source of income. At least, you won’t struggle on your funds anymore, and you still have extra money for your savings and only spend them in times of emergencies.

[erep]

* Don't forget to spend only a teeny tiny of money on wants, and only buy wants when you have a budget oversupply. Needs first — always.

* Increase your income. Saving can do so much.

Always focus and prioritize your basic needs, that way you will sure to survive even with less amount of penny. But never settle on one income that is only giving you a minimal income. Learn to get out from your comfort zone and develop your skills and talents, that way you can accept side hustles that will provide you additional source of income. At least, you won’t struggle on your funds anymore, and you still have extra money for your savings and only spend them in times of emergencies.

You are right, the solution is that we must have other skills to increase income because the main income is only sufficient for monthly basic needs, so income from side jobs is for savings and emergency needs because without savings we will have difficulty getting funds from loans, even though it is difficult to get job vacancies sampinan because the majority of people have lost their jobs since the last pandemic, so for now just focus on the main job even though the income is minimum.

[Ziskinberg]

What we need OP in this situation to properly have a good budgeting method. We need to know our priorities and change our lifestyle which is only suitable to our situation. Debts can be possible when surpassing our budget limits which are very difficult to move out and compromised our financial stability.
In order to increase our income, we also need to invest ourselves first - knowledge and skills for this will be an advantage when looking for an additional job and earning a higher position and salary grade.

[Viscore]

* Don't forget to spend only a teeny tiny of money on wants, and only buy wants when you have a budget oversupply. Needs first — always.

* Increase your income. Saving can do so much.

That is the basic thing, not to spend on wants but needs should come in as priority. And if you can live as simple as it seems to be, then do it and never live setting your high standards as it will only make you spend unnecessarily and worst you become drown in debt. And as much as possible, always have varieties of sources of income, that way you will gain financial freedom later on.

[fuer44]

A greedy person will not be happy and he will die before he can enjoy the money or wealth he has, every day he will always think about adding money and not caring about other people, nowadays many people are difficult and doing social activities such as helping others is noble things that will make the heart happy and of course eliminate greed.

Please be able to understand the difference between self-improvement and greed, because it is very clearly different. In today's modern economic era, we are required to always be able to develop ourselves and that is not something wrong. Getting a bigger income from the results of self-development is a fair result.

He didn't mention self-improvement there, only pure greed but you are right that both has differences. If we are almost helpless then we need to prioritize ourselves first before the others. There is the time that we can also seek a help from others but once we get up and are now successful in life, we also ensure that we will return the favor to them. Humble area, can be a small area and the cost of living there is not expensive so it's much easier to thrive here.

It only becomes hard if the person is not humble enough because he will pretend to be rich to look superior to others and the cost of it is that he will spend more but he will also struggle secretly.

It's true that he didn't mention self-improvement there, but he indirectly took what I said before to be entirely in the context of greed. Indeed from one point of view, it can be said to be greedy because they want to earn more, more and more money. Even though my point is how we learn to develop rather than learn to survive. As in the philosophy of football "the best defense strategy is to all out attack the enemy" and we can apply that in our lives as motivation.

There is nothing wrong with us also learning how to survive because someone's economic situation and circumstances are different, especially in different country.

[dezoel]

Another way of making money even if just a bit, would be selling your hours, there are so many job opportunities online, such as virtual assistant, that you need to get better and have a great resume to get hired of course, so the start is definitely a very hard one, so you need to charge very little and you need to grow to be bigger by filling your resume constantly.

However, if you can do that, and waste hours on building that, eventually you will get much better about it in the end and that is what that matters. This is just one example, you can earn small amounts of money with absolutely no talent at all and it will be something fine for you in the end.

[Mauser]

Choose carefully where you go shopping: some supermarkets are more expensive than others. Shopping on physical stores is more expensive than shopping online. Don't go for the first price you see on the labels. Search for promotions, try to adequate your demand for products to your currently financial budget in a way you don't spend all your money in the end of the month.

I think this part is the most important when it comes to trying and save more of our monthly income. There are two ways to increase our net worth, cut our monthly expenses or increase our income. When living in a rather poor area of the country with low wages and not a lot of opportunities, then we might not have the option to increase our income. Moving to a better area might also not be an possibility due to external factors. That's why in many cases the only real chance we have is to cut down our living expenses. Especially in the last 12 months with rising food prices I tried to save money wherever possible. Using vouchers and buying in larger quantities helped me to offset some of the price increases. I noticed that some fresh products like vegetables increased 50-100% in price over 6 months in my country, that's insane and won't be able to be paid by the average family for a long period of time. Switching to canned vegetables is not so healthy, but the only chance to save some money. Best would be to start planting my own vegetables, if I had the garden for it.

[Ayers]

I also have a little advice for you guys on this topic.  And that is, multiply your connections and relationships.  This is important.  In modern times like this where everything is connected, relationships and connections play an important role in success that makes you move from poor areas.  From the number of relationships and friendships we build, we can create many possibilities and many variables in our path to success.

I agree with this point of view and have been through this myself, I can say that I am where I am today thanks to my social connections. A friend I didn't know gave me the opportunity to work at the company he managed, and after trying my best, I got the results from that job. Without his help, I could still get another job, but I am sure that I would not be as successful as I am today without his support in his work. In life, relationships are really important, not only in work but sometimes in life, sometimes relatives can't help us, but in social relationships, they are ready to help us.

[Cryptmuster]

What we need OP in this situation to properly have a good budgeting method. We need to know our priorities and change our lifestyle which is only suitable to our situation. Debts can be possible when surpassing our budget limits which are very difficult to move out and compromised our financial stability.
In order to increase our income, we also need to invest ourselves first - knowledge and skills for this will be an advantage when looking for an additional job and earning a higher position and salary grade.

In order to get a promotion at work, most likely we will need to improve our skills, and it may also require us to take more responsibility in the future, or add control over our subordinates, which will require more of your time.

Or we can find additional work outside of working hours, this will also bring us additional income. Now the Internet gives us many opportunities to earn money, you just need to start doing something, the most important thing is not to be lazy and the result will come.

[posi]

What we need OP in this situation to properly have a good budgeting method. We need to know our priorities and change our lifestyle which is only suitable to our situation. Debts can be possible when surpassing our budget limits which are very difficult to move out and compromised our financial stability.
In order to increase our income, we also need to invest ourselves first - knowledge and skills for this will be an advantage when looking for an additional job and earning a higher position and salary grade.

In order to get a promotion at work, most likely we will need to improve our skills, and it may also require us to take more responsibility in the future, or add control over our subordinates, which will require more of your time.

Or we can find additional work outside of working hours, this will also bring us additional income. Now the Internet gives us many opportunities to earn money, you just need to start doing something, the most important thing is not to be lazy and the result will come.

Yes, no matter where we are in, whatever environment we are, as long as we are not lazy, there will be many ways to increase our income. If we have difficulty increasing our income in our main job, then think of a part-time job, sometimes, a part-time job can bring better income than the main job.
As you said: with the development of technology today, finding a part-time job is no longer too difficult, as long as we try, nothing is impossible. As long as you work hard, opportunities will come to you.

[BRINIRHA]

I also have a little advice for you guys on this topic.  And that is, multiply your connections and relationships.  This is important.  In modern times like this where everything is connected, relationships and connections play an important role in success that makes you move from poor areas.  From the number of relationships and friendships we build, we can create many possibilities and many variables in our path to success.

it is undeniable that this (relationships and connections) is indeed important in increasing the chances of success. having more acquaintances and friends and building good relationships will make it easier for us to seek business opportunities. It is even very difficult for us if we are looking for a job vacancy without an acquaintance. And when someone applies for a job at a company, the chances of being accepted will be higher if we have acquaintances in the company.

[Aanuoluwatofunmi]

I also have a little advice for you guys on this topic.  And that is, multiply your connections and relationships.  This is important.  In modern times like this where everything is connected, relationships and connections play an important role in success that makes you move from poor areas.  From the number of relationships and friendships we build, we can create many possibilities and many variables in our path to success.

This is a good idea but one has to be careful of the kind of association and company they keep, there are some that only lead to disaster because they bring setback in ones life on the pursuit to move forward through them, that is why we must not be too desperate in seeking for association or people to clique with, instead we can work on our own little ideas and it may turn to be something big and provide solutions to a large extent beyond imagination.

[sulendra12]

If you are living with low income then you have to change your lifestyle based around your income for your own sake. Feels like the whole point of that post is about lifestyle and that's where the matter the most in 3rd world country. The problem is that they don't change the lifestyle and too consumptive compared to their monthly salary and have pretty hard time to manage anything, that's what I see at least.

[Fredomago]

I also have a little advice for you guys on this topic.  And that is, multiply your connections and relationships.  This is important.  In modern times like this where everything is connected, relationships and connections play an important role in success that makes you move from poor areas.  From the number of relationships and friendships we build, we can create many possibilities and many variables in our path to success.

This is a good idea but one has to be careful of the kind of association and company they keep, there are some that only lead to disaster because they bring setback in ones life on the pursuit to move forward through them, that is why we must not be too desperate in seeking for association or people to clique with, instead we can work on our own little ideas and it may turn to be something big and provide solutions to a large extent beyond imagination.

If you know how to use your connection properly, then yes you can benefit from that source, there are many possibilities that you can use that connection to convert it to potential business proposals or something that may lead you to make some decent amount of money out from those people who can help you and support you with your goals.

But, just like you, you should not push yourself if you think that it can only ruin the situation. Pushing too much might lead you to a disaster and may affect your personal relationships.