Having a problem a Personal Finance?

[lionheart78]

If a person has a problem with finances, the solution is to learn financial management.  I agree with @OP that reading books about financial management is one of the best way to equip ourselves of the knowledge of financial management.  I do not think we need to hang out with people with positive outlooks in life in order to solve the financial management problem.  Motivation is different from financial management learning.  We might need to find a mentor to teach us about financial management.

Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.

[1715372007]

1715372007

[irhact]

How to handle money What is real personal finance? What do you have to do to learn it? There are some things that can help you in this matter, and some of them are:

Reading a book relating to personal finance will help you alot as books are the best way to learn from others experience as many individuals that are authors of books write their life stories in books that when you read them you can learn from their mistakes and not make similar mistakes that they made and improve your finances. Reading books is very important as they teach you other perspective of life from people that have experience similar situations that you're facing.

The OP made valid points but to go further to what the OP has said, you can join physical groups and mingle with people that have overcoming similar circumstances in life through clubs that'll help you interact with this individuals to know how to handle the same issues.

[Mahanton]

How to handle money What is real personal finance? What do you have to do to learn it? There are some things that can help you in this matter, and some of them are:

Reading a book relating to personal finance will help you alot as books are the best way to learn from others experience as many individuals that are authors of books write their life stories in books that when you read them you can learn from their mistakes and not make similar mistakes that they made and improve your finances. Reading books is very important as they teach you other perspective of life from people that have experience similar situations that you're facing.

The OP made valid points but to go further to what the OP has said, you can join physical groups and mingle with people that have overcoming similar circumstances in life through clubs that'll help you interact with this individuals to know how to handle the same issues.

Reading a book that correlates something will really be that preferable on which this means that you would eventually learn with those basic principles but doesnt mean that you could definitely apply into your condition
but its better rather than having nothing at all on reading on. I agree on some points that it isnt really that much needed if you could really that able to make use of your own common sense when it comes to financial management. If you do see that you are really just earning enough for your daily needs and some extra savings then why would really be going further on spending on things which you dont really need on buying so?
You are really that just endangering yourself on possible condition which would really lead into that unfortunate condition just because you dont already have the money for you to spend on just because of that kind of spending on something which arent really that priority.You wont really be having that problem in finances if you have just planned it well or having that good management to it. Spend on the amount which would
getting in line on how much you do earn minus the deductions of savings and emergency funds and if you do see some extra then this is where you do consider on buying things.

[wxa7115]

How to handle money What is real personal finance? What do you have to do to learn it? There are some things that can help you in this matter, and some of them are:

Reading a book relating to personal finance will help you alot as books are the best way to learn from others experience as many individuals that are authors of books write their life stories in books that when you read them you can learn from their mistakes and not make similar mistakes that they made and improve your finances. Reading books is very important as they teach you other perspective of life from people that have experience similar situations that you're facing.

The OP made valid points but to go further to what the OP has said, you can join physical groups and mingle with people that have overcoming similar circumstances in life through clubs that'll help you interact with this individuals to know how to handle the same issues.

Books are still the way to go when it comes to financial advice, as what you can get online is awful and can get you bankrupt or in jail.

With that being said, a great deal of what you can read on those books is common sense, it is just that people do not want to apply those measures on their lives as they know that for a time their situation will turn even worse, similar to what happens when you are sick and you take the medicine to improve your health, you could feel even worse soon after taking it but after enough time passes you will feel better, however it is that period what they fear the most and what prevents them to actually try to solve their economic problems.

[BRINIRHA]

If a person has a problem with finances, the solution is to learn financial management.  I agree with @OP that reading books about financial management is one of the best way to equip ourselves of the knowledge of financial management.  I do not think we need to hang out with people with positive outlooks in life in order to solve the financial management problem.  Motivation is different from financial management learning.  We might need to find a mentor to teach us about financial management.

Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.

Learning more from reading financial management books and also about all things related to the economy is indeed very good. But sometimes we also need to exchange ideas with other people and share views regarding a problem. Sharing experiences and learning from each other is also very effective in learning.

We also have to build high motivation to push ourselves to work harder in this regard. And after that building relationships and business partners is needed in the next step.

[bettercrypto]

If a person has a problem with finances, the solution is to learn financial management.  I agree with @OP that reading books about financial management is one of the best way to equip ourselves of the knowledge of financial management.  I do not think we need to hang out with people with positive outlooks in life in order to solve the financial management problem.  Motivation is different from financial management learning.  We might need to find a mentor to teach us about financial management.

Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.

Actually, there are a lot of options for us to learn personal finance. Now,  what Op gave as a tip about this matter is actually nice and could give some help somehow, and hanging out here in the forum platform is not 100%, but we can get some ideas in terms of personal finance. But reading books if you are a book lover is pretty much a good idea.

And also, I agreed that if you or we are surrounded by people who have positive views on life, we can adopt them as well, little by little. It depends on us how we deal with people and how to choose; just make sure these people have positive insight.

[@sriyan]

       -   You, yes, you. Are you tired? Can't make progress? Or every time you move forward, something bad always happens? Are you in a situation where you have to start from scratch again? Where does your problem start? in money? Why do you always have no money? Is it because of your responsibilities for your family or because you just don't have spending discipline? It is important that you know what the root of your problem is? Maybe the reason you are not making progress is because you spend a lot, so every time you have an emergency, you move your savings? Or sometimes you can borrow a cape. How to handle money What is real personal finance? What do you have to do to learn it? There are some things that can help you in this matter, and some of them are:

[a.] Read books related to personal finance.

[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.

[c.] Watch videos that can give you inspiration to become better. And mingle with people who have a positive outlook on life.

I agree with all the points. Because if you are reading books, your knowledge will improve related to finance. Also in the bitcoin talk, we can learn from the other person's experiences. Another thing is we need a positive mindset before starting any work. It will be from the YouTube videos.

[Negotiation]

Books usually inspire us and many people learn financial management by watching youtube videos. It is best to use your own skills and get advice from experienced people. Financial management skills are essential to making the right decisions for many people with personal financial problems. By maintaining accurate records, financial managers can identify trends and patterns that can help them identify opportunities or risks related to their business. A good financial manager can help people save money on their grocery, utility and other bills. People who track their spending and adjust their spending as needed are more likely to save money. And if you are a skilled and competent person, then you can improve by your work and effort and gradually your financial problems will disappear.

[Poker Player]

If anyone has a problem with their personal finances I would recommend that they follow Dave Ramsey's method. It is a simple 7 baby steps method, easy to follow and has helped a lot of people first get rid of debt and then become millionaires.

The point is that in personal finance it's not just about knowing what to do, you have to control your behavior. Someone who has a debt problem probably knows that they need to spend less and maybe try to earn more. It's another thing if he does it.

But Ramsey's method is very good, I have followed it and I can say that it has helped me a lot, being today in a good financial position that gives me a lot of peace of mind. It is not for nothing that his first book written in 1992 was entitled Financial Peace.

[posi]

If a person has a problem with finances, the solution is to learn financial management.  I agree with @OP that reading books about financial management is one of the best way to equip ourselves of the knowledge of financial management.  I do not think we need to hang out with people with positive outlooks in life in order to solve the financial management problem.  Motivation is different from financial management learning.  We might need to find a mentor to teach us about financial management.

Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.

Actually, there are a lot of options for us to learn personal finance. Now,  what Op gave as a tip about this matter is actually nice and could give some help somehow, and hanging out here in the forum platform is not 100%, but we can get some ideas in terms of personal finance. But reading books if you are a book lover is pretty much a good idea.

And also, I agreed that if you or we are surrounded by people who have positive views on life, we can adopt them as well, little by little. It depends on us how we deal with people and how to choose; just make sure these people have positive insight.

Many people choose to read financial books, this is indeed a very good way, but that does not mean that the other ways will not work. In my opinion, what is important is how we approach and accept it, if a person doesn't like reading books and reading books about finance will not work because he will not focus. Like me, I don't read books often but I like to watch financial videos or documentaries about economics, finance... besides getting advice from experienced forerunners will be more practical. There are many ways to solve the problem and choose the one that works best for you.

[CageMabok]

Actually, there are a lot of options for us to learn personal finance. Now,  what Op gave as a tip about this matter is actually nice and could give some help somehow, and hanging out here in the forum platform is not 100%, but we can get some ideas in terms of personal finance. But reading books if you are a book lover is pretty much a good idea.

The books we read must also be chosen according to our tastes or according to the knowledge we need, it does not mean that we have to read all the books that in the end we do not apply any of the knowledge from these books to life. Because now reading doesn't have to be just books, but everyone who already knows the internet and often uses a smartphone that can connect to the internet, I think they can read at any time according to what they need to learn. So taking advantage of all the conveniences that exist now is also very important in addition to the tip given by the OP.

And also, I agreed that if you or we are surrounded by people who have positive views on life, we can adopt them as well, little by little. It depends on us how we deal with people and how to choose; just make sure these people have positive insight.

The environment and association also need to be looked at because it is true that each of us needs to be in an environment where the thoughts of the people around us are more in a positive direction because that is a very basic influence in life. Especially if people who think positively have more insight that we can learn to support development in our lives, this is obviously a very good thing because now not all societies have people like that. And I quite agree with this one point.

[yudi09]

-snip- ... ... There are some things that can help you in this matter, and some of them are:
[a.] Read books related to personal finance.
-

They already have a steady income at the beginning of each month with a relatively large salary but don't know how to deal with personal financial problems, maybe books related to finance will open the door for solutions for them.
By reading books, they will find advice for investing and things that can lead to how to divide the percentage for saving, the percentage for buying because I often find it in several books about personal finance arrangements.

Not blaming the situation, reading books related to finance simply does not apply to people with much lower incomes.
Going to work in the morning, in the afternoon and sometimes even going home at night depending on the time. Three children and three of them go to school. Pocket money for them depends on the high level of school. Pay bills every month. And there are many more expenses to think about.
It's hard to find time to read a book.

I very rarely find a book whose contents explain how to organize good finances for people whose finances are below. Are you serious. I rarely get it in bookstores I've visited in my area.

[kryptqnick]

Op, you're right that a person should ask oneself various questions, looking for the underlying cause of issues with financial management. But I'm not sure if I agree with the solutions. If an underlying cause is related to mental health issues, a person might need therapy or something like that. If it's a stressful factor that can be reduced or removed from life, that should be a thing to focus on. Inspiration books and videos might help some people and discourage others. Bitcointalk is a nice place, but it's not really about managing personal finances.

[bhadz]

[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.

While it is common that many are successful and gives good advice on how you have to keep up with your personal finance. I'd say someone has to go better into other forums where it's mostly focused with money matters which is commonly be seen on social media platforms. There are actual influencers that are into finance but you have to choose the better ones because many of them are there to have sales pitch at their money advises so, from there you need to be wise already.

[alastantiger]

There are some things that can help you in this matter, and some of them are:

[a.] Read books related to personal finance.

[c.] Watch videos that can give you inspiration to become better. And mingle with people who have a positive outlook on life.

Through books and videos is where people have shared their experiences, grass to grace stories and rags to riches stories. If anybody who is struggling with their personal finances follows the principles, precepts and guides detailed by the authors, they are bound to have an improvement in their personal finances.

You won't get any real substance about personal finance on the forum. You may get one or two insights but nothing much.

Another practical tips is to personal finance is to stop hanging around broke people. They'll influence you and your outlook on life. Rich people on the other hand, have a different perspective when it comes to how to see life. And I will sum it up in one word, possibility. For them, anything is possible. And it not because of the amount of money in their bank account but a mindset.

[nara1892]

Actually, there are a lot of options for us to learn personal finance. Now,  what Op gave as a tip about this matter is actually nice and could give some help somehow, and hanging out here in the forum platform is not 100%, but we can get some ideas in terms of personal finance. But reading books if you are a book lover is pretty much a good idea.

The books we read must also be chosen according to our tastes or according to the knowledge we need, it does not mean that we have to read all the books that in the end we do not apply any of the knowledge from these books to life. Because now reading doesn't have to be just books, but everyone who already knows the internet and often uses a smartphone that can connect to the internet, I think they can read at any time according to what they need to learn. So taking advantage of all the conveniences that exist now is also very important in addition to the tip given by the OP.

Well that's right, it's better when we read a little bit of some of the books but it enters the mind and we can apply it to ourselves, rather than having to read all the books but in the end it makes us confused and don't know which one to follow or apply according to what we need. Well actually now everything is easy, everything we need or need is almost available throughout social media, and it only remains that we want to do it and also apply it. Utilizing something that comes to us will be better than just sitting still without doing anything. On the other hand, it is not uncommon for us to have many desires but not take any action to improve the situation. Everyone has the same opportunities but only some of them are serious about utilizing them.

[gunhell16]

Op, you're right that a person should ask oneself various questions, looking for the underlying cause of issues with financial management. But I'm not sure if I agree with the solutions. If an underlying cause is related to mental health issues, a person might need therapy or something like that. If it's a stressful factor that can be reduced or removed from life, that should be a thing to focus on. Inspiration books and videos might help some people and discourage others. Bitcointalk is a nice place, but it's not really about managing personal finances.

Indeed, reading books from some angle can be therapeutic for others; that's the truth. It could also give knowledge to everyone who will read it that has a lot of lessons we can get from it, like Robert Kiyosaki, John Maxwell, and more that are related to financial aspects.

Now, here in the forum, it may give some help, but this platform is more focused on giving information related to Bitcoin, cryptocurrency, trading, the economy, or something like that. But there are some communities that create a discussion regarding a financial issue, but not a pure one.

[irhact]

Another practical tips to personal finance is to stop hanging around broke people. They'll influence you and your outlook on life. Rich people on the other hand, have a different perspective when it comes to how to see life. And I will sum it up in one word, possibility. For them, anything is possible. And it not because of the amount of money in their bank account but a mindset.

The cycle of your friends influence the decision you make in life, if you're hanging around losers or poor individuals, you'll be the next one and it doesn't matter if you're rich because you'll to start taking their kind of decision and that'll lead you to poverty. Hanging around great minds is the best thing you can do for yourself because you'll learn from how they handle life issue and make investment that gives them riches. Also they'll lead you to better opportunities in life.

This is the reason why wealthy individuals have a club that they meet and hang around, they share business ideas in this gathering and make decisions that'll keep giving them more wealth, they invest in each others businesses and as they make money they do it together.

[|MINER|]

Most of the problems that are mentioned here are personal, if one cannot control himself then it is not possible to change these problems like wasting money later on. In this case I wouldn't say all three of the suggestions you gave are bad, but I think it would be better to see a financial advisor here. Since these things are very psychologically working, it would be better to change these things accordingly.

[Blowon]

When experiencing personal financial problems, I think we really have to think hard about how our finances remain stable. Because finance is so important to our lives. without money of course it's so difficult to buy milk, even if it's just to eat we still need money. therefore do not easily wasteful for something that is not too important.