How to developed your capital

[348Judah]

You've given some nice and lucrative ideas to suggest some ways we could secure and grow our capital in doing business, i will also like to drop in my own little contribution on this that we are expected to take note or work on when making a business or planning for one.

1. Invest on what that have an already made market demands.
2. Don't invest on something you're not interested in or have no idea on.
3. Don't touch or spend on your capital investment fund for other demands or needs.
4. Always introduce the capital back to he business together with the gain to broaden what you do.
5. Start or begin from somewhere no matter how small it may appear, growth is a gradual process.

[famososMuertos]

I took time to research and observed that 75% of youths their problem is inability to develop their capital in capital market, most at times we are bless with so much that one find it difficult to control your finances or resources. I notice it usually affects people do not work hard to earn but probably the gimics or scams that makes them to make this money easily but after a while you discovered the person down why?

Now we should try this simple steps in developing capital either in savings, capital market or investment it's all same principle....
1. Don't spend more than you earn it kills capital through lack of wisdom
2. Development an attitude of reserving "spend and save in quote"
3. Read books on financial market and its products
4. Learn to engaged in investment
5. Be curious about things and ask a lot of questions
6. Don't underrated any money with you, no matter how small it is...its always have value towards something
7. Admire other people success and think where you're going too.
8. Save, invest and take good care of your health.
 
I hope this is helpful?

I am not saying that your context has no substance, in fact, you have not referenced it to any source, from what I understand it is a personal attribution.

But if one reads or reviews any source associated with the topic, everything breaks down in those same words, some semantic differences, but it's the same.

I understand that you OP is a very explicit detail of your success, I suppose there is, since you have left a contextualized OP.

In my first instance, based on what I promulgated, my experience, I would say that the youth issue has nothing to do with the issue of growing your money or capitalizing, today the regular channels that we know have changed, we are in the era of content exploitation and today someone simply starts with $0 and after three months they can be receiving $1000, which they then invest in any think "devices," e.g.: create their own clothing brands, etc.

Hence! The main problem you have to start developing your capital is intrinsic to... yes, its capital.

And in this sense today young people, or better to say who they live with their parents, can develop projects in a more advantageous way than in other years, the Internet has allowed that.

So based on that, your context, is the traditional tuxedo to attend a formal event, old school, but today that tuxedo or that formality has disappeared, has a tendency to fade, so, it is a fallacy to say, read a book, ok, no It "hurts," ( ) but it's not necessary. And that is the main problem for many to grow or develop their capital, they want to wear a tuxedo.
^{Tuxedo is a moral, don't read it in the literal sense.}

[Agbe]

I took time to research and observed that 75% of youths their problem is inability to develop their capital in capital market, most at times we are bless with so much that one find it difficult to control your finances or resources. I notice it usually affects people do not work hard to earn but probably the gimics or scams that makes them to make this money easily but after a while you discovered the person down why?

Now we should try this simple steps in developing capital either in savings, capital market or investment it's all same principle....
1. Don't spend more than you earn it kills capital through lack of wisdom
2. Development an attitude of reserving "spend and save in quote"
3. Read books on financial market and its products
4. Learn to engaged in investment
5. Be curious about things and ask a lot of questions
6. Don't underrated any money with you, no matter how small it is...its always have value towards something
7. Admire other people success and think where you're going too.
8. Save, invest and take good care of your health.
 
I hope this is helpful?

Op lolz, this is not helpful? If I wish you understand why you saying. In a state where 98% the citizens live below the poverty line how can such human save his capital. Do you want him or her to die in hungry? All those things you listed there can be done by an average citizens and not the poor people. This things you said can also be done by those who are still eating from their parents pot. And if you are living alone, you have to meet up the necessary human needs as Maslow said, and when you have met up those necessary things then you can save for future use. Can a hungry man read books? Capital no. What you are to advise people is to work hard to meet up their financial needs, and if you know any way for them to develop their financial progress, you can do it to help them to grow. And not telling the struggling to survive ones to save and others, your advice will become a nuisance to them.

[Flexystar]

This is not the case always mate since you have to tackle various uncalled events such as inflation, deflation, unwanted price changes on daily needed consumables, changes in the family number, yearly appreciations of the cost of living and much more.

What you have mentioned are the available options when you live your life. The difference they do not teach you how to tackle the above volatile factors. Just putting your money somewhere doesn't guarantee you enough income.

You need to grow the knowledge base and apply for high wagering jobs. Keep rising up in your own company and take the higher leaps of salaries to compensate the cost of living. This is very basic formula. After this is done one needs to go further the down road of investments, risk taking, earning from multiple streams of sources and much more.

Investing also depends on at what stage of life you are at. Have to take care of million things in reality.

[Faisal2202]

I took time to research and observed that 75% of youths their problem is inability to develop their capital in capital market, most at times we are bless with so much that one find it difficult to control your finances or resources. I ..............
I hope this is helpful?

Dear OP these are really helpful for those who do not knew about it and it was a great reminder for those who already knew it but almost getting to forget it. I am in the second category because i learned these skills of which you mentioned from this same Section of economy. I used to be a person from start of less spending even if i have money in my hands.

But i try not to waste them. But after reading more from here i do understand that this skill is really necessary because these skills will help you to live a life in the most down of your life stage. But i pray that nobody has to live a lower level life. Instead, i have seen many families in my surrounding whos child and boys of my age are wasting there money on PUBG and other gaming things while i have saved that same money BTC and only using the one which i have to use to fulfill my daily expenses.

I can not agree more with your points and we all should prevail these point among our loved ones. but i afraid to do so because other people always make fun of you until they reach a point when they realize we were telling them true and right. But i am afraid of that temporary insult from other and criticism of being called as the most rich entrepreneur.

[Dzwaafu11]

I took time to research and observed that 75% of youths their problem is inability to develop their capital in capital market, most at times we are bless with so much that one find it difficult to control your finances or resources. I notice it usually affects people do not work hard to earn but probably the gimics or scams that makes them to make this money easily but after a while you discovered the person down why?

You may think you are advising youths to know how to save money or something similar to what I said; however, are you going to save money or invest when you have financial problems to cover up? Nah, mate, you cannot. Some youths today are the ones feeding themselves and their families. How did you expect these people to cope with their finances? This doesn't have to do with hard work or the fact that many people are working to see them survive, but still, these people do not have enough resources to meet their needs. When you are in a country where you are struggling to eat your daily meals, when are you going to think about investment?

2. Development an attitude of reserving "spend and save in quote"

No, there is anything like to develop an attitude to on how to spend and save money, how can you save when you suffering did you want them to die with hunger? I believe this is impossible to do when you are earning a little amount of money and you have many things to cover I wonder how you will reserve the money in other to invest.

[Silberman]

Also learn to have fun and enjoy your money when and while you can. Do not be wasteful but understand that this is life, and while you are in it, you have to be careful of not only living life to chase and keep money. While in the business of life, it is important to be alive and not just in existence.

Be disciplined with your capital, but do not become parsimonious in the process.

Invest first and enjoy from the profits of your investments, not enjoying first and then investing what is left.

Invest in meaningful relationships with people who you know can make you better. An information from a friend who you have invested in and built a meaningful relationship with can change your life forever.

It is important to strike a balance, we cannot be wasteful but it is also a mistake to stop ourselves from enjoying something that we really want simply because it has a cost associated with it, as long as someone is saving a significant portion of their pay and they do this consistently then there is no reason to not enjoy some of that money as well, however it seems that most people are unable to reach that balance and they have to live in one extreme or the other.

[iv4n]

...
I hope this is helpful?

Of course, it's helpful to people who have some capital... but before the problem with "what to do with my capital" is always "how to get my hands on some capital"! In theory, it's easy, but in reality, not everyone can make money, with small or big capital. So stories about how someone made a fortune from some small amount happen here and there, but not to everyone, and not all the time... that's for sure.

So how to develop some capital is a million-dollar question... The answer is different for each of us, but it's not all about making money. Money needs to be spent if we wish to enjoy life and the world around us. Finding a balance can be hard...

[Gozie51]

I took time to research and observed that 75% of youths their problem is inability to develop their capital in capital market, most at times we are bless with so much that one find it difficult to control your finances or resources. I notice it usually affects people do not work hard to earn but probably the gimics or scams that makes them to make this money easily but after a while you discovered the person down why?

I don't believe that when people don't work hard for money and they get that they will useless it because they didn't work hard for it or that they won't value it, no. I think there are many factors leading to such loss. They could be too young to know how to manage it and that is why money management is important in financial growth. Even adult who don't have that discipline to manage money hardly controls it. When you have the management gift or skill then you can invest. So the two points for me is money management and investment , those are what helps to develop capital.

[GeorgeJohn]

What I want you to understand concerning investment, actually investment is good but thing is that when investing don't think that your investment is going to yield at that moment or whatever investment you venture into will give you an income immediately, investment is what we venture into for feature purposes, because not all investment plan that yield positively from my understanding of cryptocurrency even any other investment.
So in the aspect of don't spend whatever you have, I think you are right in your point particularly this one, because some be have been devastated and been discouraged because of they expenses is equivalent to they weekly and daily income. Another point is that, reading a financial book will not make you to make money or been reserved in terms of money management, what make people to have investment plan is exposure and mindset of development and future plans.

[stomachgrowls]

Among those 8 points mentioned then this is what i do really mostly been focusing.
8. Save, invest and take good care of your health.
 

Just focus on this one, then you should really be fine. Investment does have risks, but its not something that would really be hindering you on getting involved with it.Of course next you would really be
needing to save up for future use and other emergencies or other investment that you would be putting up and the most important of all is taking your health on best possible as you could knowing
that health is wealth. There's no use or would be pointless if you do work hard but you had already compromise your health and condition of your body on earning money because
those amounts would really be just simply be used on treating yourself into the hospital.

We do have our own ways on how we do handle ourselves in terms of investment. Lots of  trial and errors would be done and its something that would really be that so common
kind of goal which is to succeed but we know that not everyone would be able to taste up this kind of condition which there are ones who do succeed but most of us would definitely fail.

[Fortify]

I took time to research and observed that 75% of youths their problem is inability to develop their capital in capital market, most at times we are bless with so much that one find it difficult to control your finances or resources. I notice it usually affects people do not work hard to earn but probably the gimics or scams that makes them to make this money easily but after a while you discovered the person down why?

Now we should try this simple steps in developing capital either in savings, capital market or investment it's all same principle....
1. Don't spend more than you earn it kills capital through lack of wisdom
2. Development an attitude of reserving "spend and save in quote"
3. Read books on financial market and its products
4. Learn to engaged in investment
5. Be curious about things and ask a lot of questions
6. Don't underrated any money with you, no matter how small it is...its always have value towards something
7. Admire other people success and think where you're going too.
8. Save, invest and take good care of your health.
 
I hope this is helpful?

One of the biggest factors is, after you've read all those financial books and insights, actually putting that knowledge into practice. Nobody becomes an expert overnight, the people that are making big money now are those who took risks and made mistakes along the way. Often the best way to learn how to master something is by having failures, then gradually learning what parts to tweak so you hopefully have less in future and more winners. You also need to take the right strategy, which is often trending towards long term investment these days and not trying to search out short term gains which are much higher risk. Avoid leverage as well because it can be disastrous when it goes wrong.

[Dr.Bitcoin_Strange]

7. Admire other people success and think where you're going too.
8. Save, invest and take good care of your health.
 
I hope this is helpful?

Be that as it may, there are people who admire other people's success, but yet they don't still try to be reasonable and archive a better thing in their lives. Why?  They are only happy in their minds about what others are archiving, but they can't get close because they just don't have the determination to do so. Some people find it difficult to invest, probably because they don't even know the right investment to make; all they want to do is enjoy life.

One thing I have come to realise is that some people who mismanage their money are those who totally lack financial education because they have the opportunity to get enough money, because of the steady inflow of their income, they lack proper management of funds because they believe they will still have a steady income flow without remembering that they need to also invest in other things or even start a business that can also sustain them when other income sources cease. First, any kind of person like that should seek proper financial management education from economic and financial experts.

[lionheart78]

I took time to research and observed that 75% of youths their problem is inability to develop their capital in capital market, most at times we are bless with so much that one find it difficult to control your finances or resources. I notice it usually affects people do not work hard to earn but probably the gimics or scams that makes them to make this money easily but after a while you discovered the person down why?

Now we should try this simple steps in developing capital either in savings, capital market or investment it's all same principle....
snipped
I hope this is helpful?

This goes down to the point of learning financial literacy and thirst for knowledge.  Having knowledge about cash flows and understanding it makes us to have a right critical thinking on how we spend our hard-earned money.  Although savings is good, we will find out that investment is way better because it creates more money than just savings.  Investment is also a counter to inflation while saving the money and getting it idle will succumb to inflation in the long term.

Aside from that, invest in ourselves, in investing in ourselves, we will keep in growing and motivated because we are able to do things we like, know thing we like, and know how to achieve what we like in a healthy mind, spirit, and body.

[Sarah Azhari]

I took time to research and observed that 75% of youths their problem is inability to develop their capital in capital market, most at times we are bless with so much that one find it difficult to control your finances or resources.

Other than what you described above, Emotion control is a big problem for young people to try to develop their capital. I often see them always panic when seeing the market unexpectedly. The youth is also very easily impressed when they see and read bad news in their investment and immediately change direction to another instrument. it's so bad when they compared also in their main work thus causing to be neglected and going to bankrupt when they sold also their investment.

the youth is not left alone, they should be given good direction, they need a manager to manage their investment if don't have the knowledge to manage all life.

[rikybrosh]

most of your tips are related to gaining knowledge, and I am 100% agree with that. there is significant difference between people who know and people who don't know. tips from me if someone wants to build their own business or invest in other people business are these, please consider these things:

1. Product (What's product that people need or want)
2. Price (Where is the best position for us, being market leader or follower)
3. Place (The location where the business operate, offline(a product may have different price if its being sold in different place) or online)
4. Promotion (What is the marketing strategy that we do right now to increase sales)

Always do an analysis before making decision.

[Darker45]

I think the main problem is that many of us are not wise spenders. We spend so much on things that don't matter. We are impulsive spenders. We have a distorted sense of priority. People don't care about savings for as long as they have a nice smart phone whose features they can't even maximize. People dream of a good amount of savings so that they could start a small business, but they also can't stop themselves from buying a lot of unnecessary things.

I have a friend who's always complaining about how hard life is, about how badly she wants to stop working, if only she has a small fried chicken business. But she has a couple of expensive phones, accordingly as a gift to herself. She spends much on unnecessary food and drinks. How can we develop our capital if we're like this?

[Xampeuu]

being young is indeed a normal thing where money seems difficult to collect, because it's still the time to have fun let alone have your own income, and there aren't many needs that are borne, but indeed we must immediately wake up to see the future, so don't waste it waste youth for a better old age. for young people I think investing in property or houses is a top priority, besides investing, we can also prepare for our family life later, especially if we are men

[BALIK]

I also agree that we should not underrate any money we have no matter how small. Some people feel that the money they spend on cigarettes, alcohol, snacks, and other wasteful spending is not relevant. But if they calculate how much they have spent on these items, they will be surprised that it would have been enough to invest in Bitcoin.

If you speak like you, you might even stop eating to invest in bitcoin. Spending on alcohol, beer, cigarettes, coffee… all are daily necessities and that's the way to enjoy life. As long as you don't spend too much on them and have a specific plan, I don't see anything wasted. Like me, every morning needs a cup of black coffee to stay awake all day at work, or snacks to recharge for a long day. Or will enjoy a few beers with friends at the weekend after stressful working days. What's wrong with that? We only live once, why should we torture ourselves?

I don't think there is anything wrong with us using our money to spend on our daily needs because we have done our job and we receive wages for our work, so this is not wrong if we spend it on our daily needs. You are right, if we have done the work and received the salary it should not be used in investing if we have not been able to make ends meet.

We all know bitcoin is a potential investment and can be highly profitable. But also should not be addicted or crazy to the point of having to quit eating or reduce spending on daily needs to invest in it. There are so many ways to increase wealth, capital, why don't we work harder but torture ourselves just to invest in bitcoin? I hope they only torture themselves, not force their wives and children to give up eating to invest in bitcoin. Many people are considering bitcoin more important than their wives and children, it's scary.

[YUriy1991]

Also learn to have fun and enjoy your money when and while you can. Do not be wasteful but understand that this is life, and while you are in it, you have to be careful of not only living life to chase and keep money. While in the business of life, it is important to be alive and not just in existence.

Be disciplined with your capital, but do not become parsimonious in the process.

Invest first and enjoy from the profits of your investments, not enjoying first and then investing what is left.

Invest in meaningful relationships with people who you know can make you better. An information from a friend who you have invested in and built a meaningful relationship with can change your life forever.

Yes, that's right, and that becomes our encouragement in investing and of course with regard to take profit it certainly varies, depending on each individual's basic capital. At least, we are not alone and we are always informed quickly along with the fast pace of information development as it is today and what the OP said above is also good, namely the stages of How to develop investment capital, especially for young people today who are proficient in technology and are still not familiar with it. proficient in investing in the money market and I was impressed by your words namely "learn to have fun and enjoy your money when and while you can" Don't Buy the Dips but buy the Strength after the Dip