How to developed your capital

[ChiBitCTy]

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?

As a financial advisor I'm dealing with peoples personal finances on a daily bases.  One of the biggest and most overlooked aspects of ones financial situation is the lack of running a simple budget.  This is the ultimate way to make sure one is investing as much as they can be for their future retirement.  It's amazing how few people actually run a monthly budget. 

I agree with much of what you said, study and educate yourself.  Be active in learning!  They really should do a better job of teaching basic finance in school!

[Lanatsa]

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?

As a financial advisor I'm dealing with peoples personal finances on a daily bases.  One of the biggest and most overlooked aspects of ones financial situation is the lack of running a simple budget.  This is the ultimate way to make sure one is investing as much as they can be for their future retirement.  It's amazing how few people actually run a monthly budget. 

I agree with much of what you said, study and educate yourself.  Be active in learning!  They really should do a better job of teaching basic finance in school!

Basic finance teaching in school? It would really be only dedicated into those courses who had this kind of field but in overall essence which these information could really be acquired without needing to go to school.

Internet is free and you could really be able to make up some searches if you do like.It is really just that a matter of acting or doing something which would really be that able to help you out on realizing or learning up new things. We know that developing your capital or simply having a business and making it successful would be always a tough challenge for someone to have which not all do end up successful and some of them would really be having the taste of failure. This is why that it would really be composed by lots of trial and error i should say when it comes to this. You cant really that making yourself that able to succeed if you wont really be doing something.

The most important thing on running a business is that you should really be knowing those incoming and outgoing transactions which you should really be focusing on having that more incoming
than on expenses. Trying out to figure on whats best for your business which you do see that you do able to make some progress and better focus on that.

[molsewid]

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?

As a financial advisor I'm dealing with peoples personal finances on a daily bases.  One of the biggest and most overlooked aspects of ones financial situation is the lack of running a simple budget.  This is the ultimate way to make sure one is investing as much as they can be for their future retirement.  It's amazing how few people actually run a monthly budget. 

I agree with much of what you said, study and educate yourself.  Be active in learning!  They really should do a better job of teaching basic finance in school!

I agree, because I am facing the same problem everyday. I cannot manage a simple budget that's why every time I got a salary I will let my uncle to manage the portion of my salary and he will budget it for the whole month. I am having a hard time always to breakdown my expenses so I decided to track it in notion for me to help myself and be more organized than before.

[serjent05]

I agree, because I am facing the same problem everyday. I cannot manage a simple budget that's why every time I got a salary I will let my uncle to manage the portion of my salary and he will budget it for the whole month. I am having a hard time always to breakdown my expenses so I decided to track it in notion for me to help myself and be more organized than before.

Why not push yourself to learn finance management? It always pays well if we invest in ourselves.  It may take time to accustom ourselves to financial management but once learn, you do not need any third party to manage your money for you.  Since not all the time you are with your uncle, one way or another you have to part ways especially when you have your own family.  So it is better to learn how to manage finance now and you can even get your uncle's insights and advice as you learn to manage your own money.

[TelolettOm]

However the very base for capital is through savings. Most of the time people doesn't have the habit of saving. To me savings need to be given importance same as that we give to any investment. The risk with investment is really big and so will be the profiting. At times we can't withstand the loss or handle the risk situation with an investment due to emergency need of fund. In such situation savings help us or help us on further investment as the savings can be used as the capital. Development of capital can be effectively done through savings.

Indeed. Both savings and investment are necessary. People who have no savings, probably have bigger risks on their money management. When the investments fail, they will be difficult to survive. Sure, no investment has a guarantee to succeed. There should be another option to secure our future. Savings is absolutely the best way if we want to guarantee for reserve money.

can't sweat about the fact that there are so many people out there missing their opportunity of once in a life time in term of investing just because they aren't daring to make investment and instead hesitating a lot so I guess mental
fortitude to take the risk is also biggest contributing factors that would determine your success in trading honestly.

If people aren't dare to take risks, they don't deserve to take any investment. Investment is only for people who believe and brave on it, it is not for people who always doubt to do anything. Instead of joining investment, it is better to stay away from any kind of investment. There will be no success for the type of those people.

although many have said that trading requires knowledge and skill but i think luck also have big role here that many seem to be underestimating, meanwhile i've seen many comes out success solely relying on luck.

Luck always has a role in this life. But the knowledge and mentality become the reason for someone to get more luck both in trading and investment. If someone doesn't know to trade or invest properly, how he can get a luck? 

[EluguHcman]

I personally want to buttress on the fact you said some person's could slightly work or luckily make a huge amount of capital finance and sudden to run broke of finance and or their resources..
This is personally your own cup of tea because it is their decision. If your money acquired is not projected for an investment, it would never be for investment.
That your morning comes only when you are ready and when it comes, it would come with a good tidy.

People goes broke like that when they are not concious of tomorrow probably they have a reliable source of money as a reliability yet they fails to look forth what tomorrow has dependent and independently.
Many feels as easy it came today would how continuesly.
But if however it keep coming stably as expected then investing is however a compromise.
About one losing to his/her resources, this is as base of lack of management, lack of resources structures and  knowledges,  unlimited cut of expenses and the unreadiness to explore.

[red4slash]

There should always be a balance and in this case I also have the same thoughts. We're investing for a better future, that's definitely going to be our goal, and that doesn't mean it's at the total expense of our current situation right? We still have to enjoy life, and maybe what's different is that we have to push that number a little bit for now in order to invest. We also need to reward ourselves for a hard day's work and there's nothing wrong with indulging ourselves once in a while. The point here is that we should still be able to enjoy our lives now, without forgetting our future, that's our goal right?
let's toast

Well it's true I agree with what you said above, balance can always be the best in any matter especially in life, well I understand investment is one of the good alternatives for us to achieve something big in the future, but you also have to see where your abilities are in this field. So the first thing is always balance between your income and expenses, you can start investing but with a small amount and don't let you have no money to eat by allocating everything to investment, it's not bad but you also need costs to live now. Like you said it's a bad choice if you sacrifice your current situation, you're struggling and then you create new problems? That's too much even though the goal is good.

So the point is that we should not have the wrong mindset, even though it may have a good purpose, but when it causes problems then it is not wise either.
Before we do something, we must look at it from all directions or from various points of view, and we can do that by asking others or asking for input or advice on what we should do. Investment is not just buying some money in certain assets, but there will be a lot to consider. Investment is also something that looks easy, right? but in its application there must be a point where we consider one thing with other things so that something we do is not right later.

[YUriy1991]

Point 8 is the most interesting for me, yes. Health is something we have to take care of, meaning a healthy body will give rise to a healthy mind in investing.

Why am I telling you this? Try paying attention to current market performance. The more they enter the market with the expectation that the price is very cheap for now, then they buy after a while, the market corrects again and makes the price fall even further. For those who are not used to it, it will make them confused and even more confused, which in the end will affect their health in the end, especially when they use money for daily needs instead of cold money.

From point 1 to point 7, everything is related and interrelated in developing capital and making money. if we are serious about implementing it, of course.

[Bitcoin_people]

At present most of the youths are most unable to accumulate their capital because they can never observe this properly. The steps taken by the youth to earn their money are lost and spent in various ways. When a person has money he spends more than he needs and once he finds that he has no money he becomes destitute. And some time spend so much money that the saved money is spent and it develops negatively. So saving money and not overspending if they create a capital where people's money will be useful for future, would be a good step. Moreover, if you keep investing, it will be possible to earn good income in the future, so good strategies should be adopted so that a person can preserve his capital well.

[Dickiy]

Well it's true I agree with what you said above, balance can always be the best in any matter especially in life, well I understand investment is one of the good alternatives for us to achieve something big in the future, but you also have to see where your abilities are in this field. So the first thing is always balance between your income and expenses, you can start investing but with a small amount and don't let you have no money to eat by allocating everything to investment, it's not bad but you also need costs to live now. Like you said it's a bad choice if you sacrifice your current situation, you're struggling and then you create new problems? That's too much even though the goal is good.

So the point is that we should not have the wrong mindset, even though it may have a good purpose, but when it causes problems then it is not wise either.
Before we do something, we must look at it from all directions or from various points of view, and we can do that by asking others or asking for input or advice on what we should do. Investment is not just buying some money in certain assets, but there will be a lot to consider. Investment is also something that looks easy, right? but in its application there must be a point where we consider one thing with other things so that something we do is not right later.

Yes, that's the point, the goal is good but we also don't overdo it or be too ambitious to do it because we see such great benefits in the future, as I said above don't let you sacrifice everything and then have no money to continue living, your goal is good but the way you do it is wrong and it's just like you want to create new problems in life. Yes that's right if you are very adamant about investing but don't know how to balance your money then it's true that you can ask to find various references related to the solution to the problem of dividing your money allocation, such as you might be able to ask your wife or your colleagues who are on the same frequency with you. Yes, it is very clear that it must be fully considered because okay maybe you focus on the benefits but you also don't forget the risks, big wins are also always followed by big risks, so don't let you regret it in the end.

So actually the point is if you want to stay calm in investing then I strongly advise you to use money that you would not mind if in the end it was lost, so that your mentality is maintained in waiting for the final result, that's all in my opinion.

[dothebeats]

At present most of the youths are most unable to accumulate their capital because they can never observe this properly. The steps taken by the youth to earn their money are lost and spent in various ways. When a person has money he spends more than he needs and once he finds that he has no money he becomes destitute. And some time spend so much money that the saved money is spent and it develops negatively. So saving money and not overspending if they create a capital where people's money will be useful for future, would be a good step. Moreover, if you keep investing, it will be possible to earn good income in the future, so good strategies should be adopted so that a person can preserve his capital well.

Now it might be true that most of the youths are like this, as they prioritize spending more on what they see as needs instead of focusing on preserving their money and making it grow through either investments, business, or doing more work, however, we should not ignore that a lot of youths are also focused on building their own businesses or making money through using technology and the internet with its various potential.

[MainIbem]

Let me take an overview of the number 8 which you mention of "Save, invest and take good care of your health" especially our health. People fails to understand how important our life is, there is a popular saying that says "Health is wealth" but some people most times overlook this area of our lives only focusing of investment. To cry loud, how do you enjoy those money you are saving without a proper or sound health?
The answer is simply No because life without lives is lifeless, in as much as we are planning to make wealth or to build a generational wealth we should look at our health as well at least visiting the hospital to see our doctor in every month or Quarterly.

[Litzki1990]

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?

As a financial advisor I'm dealing with peoples personal finances on a daily bases.  One of the biggest and most overlooked aspects of ones financial situation is the lack of running a simple budget.  This is the ultimate way to make sure one is investing as much as they can be for their future retirement.  It's amazing how few people actually run a monthly budget.  

I agree with much of what you said, study and educate yourself.  Be active in learning!  They really should do a better job of teaching basic finance in school!

I agree, because I am facing the same problem everyday. I cannot manage a simple budget that's why every time I got a salary I will let my uncle to manage the portion of my salary and he will budget it for the whole month. I am having a hard time always to breakdown my expenses so I decided to track it in notion for me to help myself and be more organized than before.

Every person faces such problems at some point in life. Anyone can get themselves out of such problems with proper guidance. If we do not develop a certain routine in spending money, we will never be able to control ourselves from unwanted spending. Each month we need to make a list of what we can spend and where we can spend it, and according to that list we need to spend our money each month. It is normal to spend some extra money every month out of the list but it is never normal to spend extra money every month out of date. Even if we think about our career, we need to cut down on extra money.

[bestcoins1]

Now it might be true that most of the youths are like this, as they prioritize spending more on what they see as needs instead of focusing on preserving their money and making it grow through either investments, business, or doing more work, however, we should not ignore that a lot of youths are also focused on building their own businesses or making money through using technology and the internet with its various potential.

I think this also really depends on the environmental conditions faced by every young person today, because some young people who still spend more money to meet their own needs are young people whose finances are not yet sufficient in life. So they continue to strive and always try to meet their living needs first before doing other things such as investment and business, but some young people who live at a certain financial level will definitely focus more on their work such as investing and doing business. They do this in order to earn more income by utilizing current technology.

[Chilwell]

Now it might be true that most of the youths are like this, as they prioritize spending more on what they see as needs instead of focusing on preserving their money and making it grow through either investments, business, or doing more work, however, we should not ignore that a lot of youths are also focused on building their own businesses or making money through using technology and the internet with its various potential.

I think this also really depends on the environmental conditions faced by every young person today, because some young people who still spend more money to meet their own needs are young people whose finances are not yet sufficient in life. So they continue to strive and always try to meet their living needs first before doing other things such as investment and business, but some young people who live at a certain financial level will definitely focus more on their work such as investing and doing business. They do this in order to earn more income by utilizing current technology.

The environment really matter because it influence someone life that it make you behave like other people in the society. In times of spend home training also help because if you have home training even the environment influence will not be100%, a good parents can not see they children spend anyhow and they decide to them. Even though they don't think of any investment but also supporting the parents financially is also a good way. His only God that can saved youth with money.

[MarjorieZimmermanGinger]

It is necessary that the capital works, because if the money just lies, then inflation reduces their purchasing power. Choosing a sound investment is very important in the long run, as it is just as important to keep it as it is to multiply it. If you take the right steps, then your capital will always increase, and you can even calculate the estimated amount of profit that will be received.

In other words we are trying to talk about long-term investment because you mentioned the level of influence of inflation in it and if you place money in the wrong investment, the money will depreciate over time. That's why choosing bitcoin is much more secure compared to placing altcoins in the assets we own. This method can increase profits and someone can continue it according to their wishes in generating profits.

Investing is very important to guarantee our life in old age. If you are still young now, spend your youth, where your enthusiasm is burning and your body's endurance is strong, to deepen your knowledge, improve your abilities and earn as much money as possible. We need to do this and make the best use of it and when you get older, let your money work through the investments you make, so that you still have an income even though you are no longer working. In this way, to a greater or lesser extent, your needs can be helped in your old age and not make your children a guarantee for your old age.

The first step that needs to be taken is to verify what investments can produce profits in the long term because perhaps not all forms of investment are good for the long term and especially if they are linked to achieving maximum profits. Life needs to be prepared and that is how a person wants to get pleasure in old age, investment, business or other things that can make money will not be achieved if someone does not prepare.

At this stage the extent to which a person can take advantage of opportunities and the availability of investment or business cannot be done immediately if they do not have knowledge or experience. Capital preparation, skills and the courage to take risks are ways rich people can grow healthier finances because no wealth comes by itself without preparation.

[HONDACD125]

The first step that needs to be taken is to verify what investments can produce profits in the long term because perhaps not all forms of investment are good for the long term and especially if they are linked to achieving maximum profits. Life needs to be prepared and that is how a person wants to get pleasure in old age, investment, business or other things that can make money will not be achieved if someone does not prepare.

At this stage the extent to which a person can take advantage of opportunities and the availability of investment or business cannot be done immediately if they do not have knowledge or experience. Capital preparation, skills and the courage to take risks are ways rich people can grow healthier finances because no wealth comes by itself without preparation.

There is no doubt that having complete knowledge about how to participate in investments is very important. Not all types of investments can be linked to long-term investments. Our aim is to get good profit, if we get good profit even in short term then we should take this profit immediately. I think there are people who invest for long term as well as short term.

Knowledge and experience is an essential factor for any business because without experience and knowledge the risk of loss in any business you go into is high. You are right that no business can be profitable without preparation. Long-term investing is not about entering the market whenever you want, but choosing the right time.However, whatever the type of investment, we should focus more on our profit,because everyone's goal is to make a good profit.

[Jatiluhung]

I agree, because I am facing the same problem everyday. I cannot manage a simple budget that's why every time I got a salary I will let my uncle to manage the portion of my salary and he will budget it for the whole month. I am having a hard time always to breakdown my expenses so I decided to track it in notion for me to help myself and be more organized than before.

Why not push yourself to learn finance management? It always pays well if we invest in ourselves.  It may take time to accustom ourselves to financial management but once learn, you do not need any third party to manage your money for you.  Since not all the time you are with your uncle, one way or another you have to part ways especially when you have your own family.  So it is better to learn how to manage finance now and you can even get your uncle's insights and advice as you learn to manage your own money.

I agree with the advice given by serjent05. Because in the end we are the ones who have to manage our own finances. Because sometimes we shouldn't always bother other people. Even if it's our own uncle. So starting to broaden your horizons by learning about economics starting from financial management is something worth trying. I believe you (molsewid) can do it. Because I also have an acquaintance who initially had difficulty managing finances. In fact, he even studied economics. But he lacks discipline in financial management. But he kept trying and trying to manage his own finances and well now he is much more reliable. Sometimes the inability to manage finances does not come from a lack of insight. Sometimes this can also arise due to lack of discipline in our own lives. And lack of discipline arises due to an inability to control our emotions. So my advice is to also study economic psychology and emotional management. Because sometimes managing finances is almost like managing in trading.

[dothebeats]

The first step that needs to be taken is to verify what investments can produce profits in the long term because perhaps not all forms of investment are good for the long term and especially if they are linked to achieving maximum profits. Life needs to be prepared and that is how a person wants to get pleasure in old age, investment, business or other things that can make money will not be achieved if someone does not prepare.

At this stage the extent to which a person can take advantage of opportunities and the availability of investment or business cannot be done immediately if they do not have knowledge or experience. Capital preparation, skills and the courage to take risks are ways rich people can grow healthier finances because no wealth comes by itself without preparation.

There is no doubt that having complete knowledge about how to participate in investments is very important. Not all types of investments can be linked to long-term investments. Our aim is to get good profit, if we get good profit even in short term then we should take this profit immediately. I think there are people who invest for long term as well as short term.

Knowledge and experience is an essential factor for any business because without experience and knowledge the risk of loss in any business you go into is high. You are right that no business can be profitable without preparation. Long-term investing is not about entering the market whenever you want, but choosing the right time.However, whatever the type of investment, we should focus more on our profit,because everyone's goal is to make a good profit.

I agree as well. Sometimes there are instances that money comes in just a short time of investment and sometimes it will take longer than we planned. There are different types of investments and they also require different amounts of effort, time, and capital. These different types of investments also cater to different types of investors depending on their goals and what they are willing to bring to the table. Some investments don't suit others while some do to a degree that investors just stick to that investment for a long time with how much it matches them and their planned path. The point is an investor we have to know what kind of investments suits us by knowing how much we can invest, how much time we want before we can see profit, how much effort we can give to take care of that investment as well as how big of a profit we are expecting to meet.

[Pingrapole]

No matter how hard you work, if you are unable to take the right action or make a decision, you will never find the good side Never take things for granted Take all tasks serious.Don't pre-conceive results in any work. First invest, then think about the results and take it smoothly today. Then capital Don't run after anything in life you will be caught, and you will fail because you have to think that your life is just chasing after money first and not ending your life, hold on to your existence first. Don't squander your savings. Be polite to people you know, and your capital will last.If you don't have enough opportunities to save or invest yourself, prepare yourself by buying the tools or necessities to invest.Follow honest and successful investors, and you will become a better investor If you consider capital investment by dishonest means then you will also get capital, but it will be illegal try to stay on honest path.Don't just be one-sided behind investing you have to work with it because nothing can give you 100%.
Finally, some words don't look down on small savings or Binary then you can increase your capital and when your mind is big your capital will automatically increase and if your mind is small then you will leave everything.Don't miss out on achieving everything in life, make some investments for future life Be aware and try to invest in health education and yourself and yourself instead of spending on luxuries or other luxuries.Effort Confidence Innovation I think your capital will grow and grow only if you make yourself aware of low spending to income ratio etc. Will do if you try.