Having a problem a Personal Finance?

[Wimex]

The root of financial problems can often be multifaceted, and it is essential to identify it in order to take corrective measures, for this reason money management and discipline in spending are extremely important aspects, and it is true that proper management of personal finances can make a big difference in achieving long-term goals…Certainly Reading books related to personal finance, writing and reading about different topics here on Bitcointalk to gain knowledge and advice are good techniques to gradually build a good financial education , but the consumption of inspiring and educational content in the form of videos would not stand out much, some may be useful but the majority that I see always tend to fall into more spam than something useful, that's why I prefer the first two... Just like Also, surrounding yourself with people with a positive mindset and a constructive approach can have a significant impact on personal and financial development. I have a group of investor friends, we meet often and the exchange of ideas and experiences provides a good perspective and different advice that is good to take to improve more and more.

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[mvdheuvel1983]

The key to personal finance doesn't lie in books, courses, videos or lectures. It lies with the individuals. And it is largely behavioural based.. An individual may study all on the courses in the world on personal finance and read all the books by personal financial coaches if the person doesn't change their attitude towards money and the no amount of government programs can change their financial status. Some of the behavioural and attitudinal changes that they need to do is to embrace responsibility, discard limiting beliefs, and take proactive steps for financial success.

[CarnagexD]

The key to personal finance doesn't lie in books, courses, videos or lectures. It lies with the individuals. And it is largely behavioural based.. An individual may study all on the courses in the world on personal finance and read all the books by personal financial coaches if the person doesn't change their attitude towards money and the no amount of government programs can change their financial status. Some of the behavioural and attitudinal changes that they need to do is to embrace responsibility, discard limiting beliefs, and take proactive steps for financial success.

Because we all know what we need to do. You have to budget, plan your expenses, monitor your spending, saying no that isn't in your lists. But the most difficult part is the DOING. The apply it every single day. How can you do that? You cannot find it in any books or any YouTube content. Because it is not something you can have by consuming. You will get it once you practice it. It is difficult but you still do it. It is one's responsibility to do their finances.

[Captain Corporate]

To be fair this has became a bit more fluid to me this year. I do have a financial problem to be fair, but also not have one at the same time. What I mean is that I might be at the worst financial situation of my life, but at the same time I realized that people are doing so badly that its not really that bad for me, I am doing fine compared to many. Do I have debt? I do, but do I have some bitcoins? I do, do people have more debt than me and doing much worse? A lot of them do. So when you consider all of that, suddenly it becomes a lot more troublesome to think about others, you feel sorry for billions around the world but you do feel better about the debt that you have.

[uneng]

Nowadays the point which difficults people earning money is the fact they can't promote their personal image properly through efficient marketing, mainly digitally. In every sectors, professionals making superior income and having more opportunities in the market have a very strong social network on social medias where they interact with followers in real time, grabbing their attention and interest. It's not exactly about the content, but about the image they sell to the public. That is how the market works nowadays and if you don't adapt yourself to this, I fear you are going to have a hard time raising your income.

[blockman]

Videos about wealth and finance are always recommended on my feed and that's the algorithm goes for these social media platforms. Honestly, most of them are just telling the same things but I like it whenever I watch almost the same content every day. It's like they're being fed to me to keep me reminded of what I must do and that I have to watch myself every time I do some unnecessary spending. That suggestion will keep us motivated when we feel demotivated or when we think that there's no way that we'll get out of the rat race.

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

[Hamphser]

The key to personal finance doesn't lie in books, courses, videos or lectures. It lies with the individuals. And it is largely behavioural based.. An individual may study all on the courses in the world on personal finance and read all the books by personal financial coaches if the person doesn't change their attitude towards money and the no amount of government programs can change their financial status. Some of the behavioural and attitudinal changes that they need to do is to embrace responsibility, discard limiting beliefs, and take proactive steps for financial success.

Because we all know what we need to do. You have to budget, plan your expenses, monitor your spending, saying no that isn't in your lists. But the most difficult part is the DOING. The apply it every single day. How can you do that? You cannot find it in any books or any YouTube content. Because it is not something you can have by consuming. You will get it once you practice it. It is difficult but you still do it. It is one's responsibility to do their finances.

Proper planning and budget is always that recommendable or something we should say that it should really be standard because if you wont really be able to make yourself follow with these guidelines then you would

really be finding yourself on trouble in terms of your finances. Proper budget and proper spending will really be always the key on finding yourself that financially stable and wont really be experiencing any hardship
in correlation to this.If you do find yourself that overdropped then it would really be just common sense that you would really be needing to adjust and would really be needing to budget so that you would be able to survive because if you dont then you would be finding yourself sleeping on the streets when you are really that been covered with loan or you have sold out everything for you on having to eat.
Dont make yourself come into that point because it isnt something that we do really love to experience specially if you do have a family to feed.

[serjent05]

Nowadays the point which difficults people earning money is the fact they can't promote their personal image properly through efficient marketing, mainly digitally. In every sectors, professionals making superior income and having more opportunities in the market have a very strong social network on social medias where they interact with followers in real time, grabbing their attention and interest. It's not exactly about the content, but about the image they sell to the public. That is how the market works nowadays and if you don't adapt yourself to this, I fear you are going to have a hard time raising your income.

Aside from the limited knowledge on how to promote one's portfolio effectively, the competition is also harsh.  The high amount of applicants and limited number of offered jobs make people with less merit end up losing the opportunity and become jobless or take the job that has inferior offers.  This causes these people to have a problem with personal finance since their income is low and they have trouble looking for an additional source of income because their whole day is consumed by the job and the amount of time needed for transportation going from home to workplace and workplace to home.  This is another reason that having a job that let us work from home is very important since we will have more time for the activity to give us extra source of income.

[Smartvirus]

For a moment I almost took OP for a multinational speaker or someone who was out there to sell a product. I was just waiting in the moment when OP would say, here is all your solution packed in one miracle product or project. Good thought that isn’t the case.

Still, means to finance handling is a huge problem to most, some employ the services of accountants and financial advisers while other who can’t o afford to employ one or just don’t see the need try to do them themselves and if you look at it, it’s doable.
It’s a matter of your person and how you’re able to prioritize your needs and won’t in respect to what’s the best time to go into certain acquisition of property, an investment and certain spending. Money diminishes and you’ve got to know that money not invested is practically money lost to a purpose and it ain’t coming back.
That helps you to define just how to go about your fund appropriation.

[Oasisman]

Videos about wealth and finance are always recommended on my feed and that's the algorithm goes for these social media platforms. Honestly, most of them are just telling the same things but I like it whenever I watch almost the same content every day. It's like they're being fed to me to keep me reminded of what I must do and that I have to watch myself every time I do some unnecessary spending. That suggestion will keep us motivated when we feel demotivated or when we think that there's no way that we'll get out of the rat race.

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

Most of the motivational content and videos about financial freedom always have the same content who's just trying to monetize their channel as well. It's actually too generic to learn something from these content creator. I think it's better to just read books about finances rather than watching those videos that the algorithm in the social media has been feeding us. Books are too specific and broad on how you improve your financial stability according to your lifestyle, income, and other stuff in line with this. Most videos in the internet always gives you suggestion to become an entrepreneur or a business man, well that's not actually a bad suggestion, but it's not for everyone actually.

[dothebeats]

Videos about wealth and finance are always recommended on my feed and that's the algorithm goes for these social media platforms. Honestly, most of them are just telling the same things but I like it whenever I watch almost the same content every day. It's like they're being fed to me to keep me reminded of what I must do and that I have to watch myself every time I do some unnecessary spending. That suggestion will keep us motivated when we feel demotivated or when we think that there's no way that we'll get out of the rat race.

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

Most of the motivational content and videos about financial freedom always have the same content who's just trying to monetize their channel as well. It's actually too generic to learn something from these content creator. I think it's better to just read books about finances rather than watching those videos that the algorithm in the social media has been feeding us. Books are too specific and broad on how you improve your financial stability according to your lifestyle, income, and other stuff in line with this. Most videos in the internet always gives you suggestion to become an entrepreneur or a business man, well that's not actually a bad suggestion, but it's not for everyone actually.

You do have a point here but it is good to remember that not everyone has the same way of learning. Some people prefer seeing actual visual aids like videos and pictures to learn and understand information better, hence there are great YouTubers and content creators that share valuable information and knowledge regarding this matter. What people who rely on these content creators need to know, however, is how to assess on whether they are watching the right people or not. If they are getting something useful from watching these people or are they just being a victim for views.

[GigaBit]

Saving personal funds seems to be an easy task but in reality, it is a very difficult. Because everyone needs money. Every level of the society cannot be run without money. Sometimes for family or for personal needs or other things unexpectedly come in front of us which cannot be ignored and money has to be spent. Sometimes more than the budgeted amount thus needs to look at personal funds. But if we do something, we can get out of this situation. Saving personal funds requires a person to have a good idea of the household expenses so as not to overspend the budgeted amount. Although there are some things that do not come out. For example, someone in the family may be sick. Those things are different. Personal and family spending propensity should be reduced. Personal funds will not be affected if expenditure can be reduced.

[Sayeds56]

The key to personal finance doesn't lie in books, courses, videos or lectures. It lies with the individuals. And it is largely behavioural based.. An individual may study all on the courses in the world on personal finance and read all the books by personal financial coaches if the person doesn't change their attitude towards money and the no amount of government programs can change their financial status. Some of the behavioural and attitudinal changes that they need to do is to embrace responsibility, discard limiting beliefs, and take proactive steps for financial success.

Certainly, you have highlighted the fundamental truth in personnel finance. While resources offer valuable insights but they can sometimes overshadow the pivotal role of behavioral and attitudinal aspects in managing finance. These are the driving force behind financial success. While knowledge equips us with the tools, it is our mindset and behavioral shifts that steer our financial journey.

In essence, personnel finance is all about building a foundation of knowledge and then applying that knowledge with mindset of responsibility.

[Afnan_faizah]

I only agree with you about reading books related to personal finance, I think the best thing to do to solve this problem is by study in legal institutions such as university or etc. inspiration that we get from other people maybe will not give good result for us, it is happen because each people has their own internal and external environments or factors that determine their position in that environment. but take other people's experience just for insight is okay.

[zaim7413]

A, B, and C are all useless as long as you don't have the intention to manage your finances well. Failure in business becomes a sweetener for businessmen, without failure they will never know true success. In taking the path to achieve financial independence, it is necessary to start with the intention, the intention to develop, the intention to be disciplined to become a responsible head of the family and other intentions for happiness in the future.

The root of the problem needs to be solved by changing the lifestyle from previously spending too much money on unnecessary things, you must be able to distinguish between what is a need and what is a want. When you can put aside desires that are not really needed, that's where you already have the intention to change financial problems to be more advanced.

[uswa56]

A, B, and C are all useless as long as you don't have the intention to manage your finances well. Failure in business becomes a sweetener for businessmen, without failure they will never know true success. In taking the path to achieve financial independence, it is necessary to start with the intention, the intention to develop, the intention to be disciplined to become a responsible head of the family and other intentions for happiness in the future.

The root of the problem needs to be solved by changing the lifestyle from previously spending too much money on unnecessary things, you must be able to distinguish between what is a need and what is a want. When you can put aside desires that are not really needed, that's where you already have the intention to change financial problems to be more advanced.

That's right, actually financial problems are a matter of self-control in order to be able to control them properly. In essence, everything comes back to one's own willingness to manage money and also to the desire to make more money because of many needs.
And everyone has different ways of handling things, even though there are many theories I think it will be useless if the mindset still doesn't change and also the handling to get out of this problem is everyone in a different way, I experienced this before and only I can change it myself, not someone else.

[Patrol69]

According to me several of my friends are currently working in different private companies and I have noticed one thing that they earn less money than me monthly but even though they earn less money than me, apart from providing financial support to their families, they earn some money at the end of the month. Saves money but even though I earn more than them, I don't have enough money to spend at the end of the month. When this happened to me for a long time, I tried to fit the equation as to why I could not keep money to myself even though I was earning a lot of money. After considering all this, one thing I realized is that every month I spend a lot of extra money like eating out in restaurants, buying unnecessary clothes, etc. I am trying to cut down on these unnecessary expenses to keep the money to myself. If I can reduce these unnecessary expenses, I will definitely have enough money at the end of the month.

[blockman]

Videos about wealth and finance are always recommended on my feed and that's the algorithm goes for these social media platforms. Honestly, most of them are just telling the same things but I like it whenever I watch almost the same content every day. It's like they're being fed to me to keep me reminded of what I must do and that I have to watch myself every time I do some unnecessary spending. That suggestion will keep us motivated when we feel demotivated or when we think that there's no way that we'll get out of the rat race.

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

Most of the motivational content and videos about financial freedom always have the same content who's just trying to monetize their channel as well. It's actually too generic to learn something from these content creator. I think it's better to just read books about finances rather than watching those videos that the algorithm in the social media has been feeding us. Books are too specific and broad on how you improve your financial stability according to your lifestyle, income, and other stuff in line with this. Most videos in the internet always gives you suggestion to become an entrepreneur or a business man, well that's not actually a bad suggestion, but it's not for everyone actually.

Yes, they're just the same but I wouldn't look disappointed by looking and watching them again and again. They're serving me like reminders for most of the time and that's helping me to keep motivated and focused on the goals that I am setting. Well, you're right that most of what they're saying are generic and it's like all recycled ideas and tips for those that have known what they're saying. But to those that are new to the financial education, they can extract those and just keep themselves reminded that it's going to be helpful if they start thinking of how they're going to be well in finance. That's why just take those free contents, read or watch them and if there are something else which are better then it's best to take them.

[Texac]

A, B, and C are all useless as long as you don't have the intention to manage your finances well. Failure in business becomes a sweetener for businessmen, without failure they will never know true success. In taking the path to achieve financial independence, it is necessary to start with the intention, the intention to develop, the intention to be disciplined to become a responsible head of the family and other intentions for happiness in the future.

The root of the problem needs to be solved by changing the lifestyle from previously spending too much money on unnecessary things, you must be able to distinguish between what is a need and what is a want. When you can put aside desires that are not really needed, that's where you already have the intention to change financial problems to be more advanced.

That's right, actually financial problems are a matter of self-control in order to be able to control them properly. In essence, everything comes back to one's own willingness to manage money and also to the desire to make more money because of many needs.
And everyone has different ways of handling things, even though there are many theories I think it will be useless if the mindset still doesn't change and also the handling to get out of this problem is everyone in a different way, I experienced this before and only I can change it myself, not someone else.

Of course it all depends on our own efforts, if we really don't want to change, no matter how many books we read, how many videos we watch, nothing will change.  but for us to have more positive thoughts, more determination, it is also necessary to read books or seek advice from others.  It is not the main catalyst, but it will also have a powerful effect on our thinking. So I don't think what OP said is useless, they are still useful to a certain extent.

[Dickiy]

A, B, and C are all useless as long as you don't have the intention to manage your finances well. Failure in business becomes a sweetener for businessmen, without failure they will never know true success. In taking the path to achieve financial independence, it is necessary to start with the intention, the intention to develop, the intention to be disciplined to become a responsible head of the family and other intentions for happiness in the future.

Well and that is the beginning of a development, applying management in any case it will have a good impact especially for our own lives. In business matters it is very important and it is necessary for us to be able to manage or organize everything so that it can go according to plan. True, and in my opinion there is no success without failure. Basically a failure has an important role in a process, because that's the only thing we will take to be used as reference material, and we will be able to learn from it so that these mistakes do not happen again in the future. But well like you said, according to the fact that it depends on their intentions and themselves, sometimes like there are some of them who give up when they get a failure and they will stop at that position.
So in addition to strong intentions, they must also have a strong mentality, because there may be many other trials to come.

The root of the problem needs to be solved by changing the lifestyle from previously spending too much money on unnecessary things, you must be able to distinguish between what is a need and what is a want. When you can put aside desires that are not really needed, that's where you already have the intention to change financial problems to be more advanced.

Well, I've also said before, that lifestyle will always be someone's problem in life, like those who overemphasize prestige even though they don't have the ability for it, but many factors make them have an excessive mindset in life such as a luxurious environment perhaps. And it's true, sometimes it's hard to differentiate between wants and needs, like some consider it a need when it's just a desire to fulfill prestige or lifestyle.  Frugality is the main solution here and then it is better to save some of the budget we have. Because there will be times when we need money very urgently someday, so it will be useful to minimize.