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Author Topic: Invest on your dependants if you too must grow further  (Read 661 times)
Dewi Aries
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April 21, 2024, 10:55:17 PM
 #61


Who is serious, he will succeed, to achieve that is also full of struggle and patience because there are those who are born from parents who are not rich or poor, so the concept of life is to do a job to the maximum extent possible because without a struggle then it is impossible to become rich or successful. After that, take every trust that people give you, never betray other people. Once successful, continue to carry out new mapping and make long-term plans, namely taking advantage of opportunities

True, everything always depends on how serious you are in dedicating yourself to struggle tirelessly, because on the other hand I think we have often heard about people who want to achieve success in their lives but their dreams are not accompanied by an action then obviously it is nothing more than just empty, And usually I often hear that people want to achieve success when they hear or see other people, especially people around them who have achieved success, and it really seems to motivate them but however motivated you are by the success of others if for example you only "say or dream" without being accompanied by any action then obviously it is nothing more than a hallucination.

However everything must start with thinking and acting, and I understand that there may be people who are less fortunate where they have a more difficult situation such as being in a poor life situation, but actually success does not see what your life situation is, the proof we can see is that there are quite a lot of successful people who were born poor, and what distinguishes them is that they have unusual intentions and seriousness along with having a personality that never gives up and is always willing to work hard, and you have said the right thing above and maybe the last thing from me is someone who has great potential to achieve success is those who can always look for and utilize all opportunities to the maximum.

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April 21, 2024, 11:05:58 PM
 #62

So are you saying that having to be able to "optimize" your financial growth is the solution to having no problems with financials? Like how you are going to be able to do it with optimization? The reduction of expenses and having a larger income? It's not much of the subject that you are talking about and "invest" is not the right word. Maybe it's better if it's "saving".

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April 22, 2024, 02:44:29 PM
 #63


I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.

Things as such topic can only be important in an African society or other third world countries where government doesn't provide amenities or equal opportunities for all. Economic hardship in Africa society is only felt in poor homes and people who are not connected to the government but in more developed countries, the government provides enabling environment for every one not just for the few oligarchy controlling the affairs and resources of the country.

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April 23, 2024, 09:18:46 PM
 #64

Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.
I get your point. The issue you raised presupposes that in a family where only one person is rich, that family is poor. To help oneself become financially stable, one has to better the lot of one's dependants by teaching them how to fish by themselves and not throw fish at them. As Africans, we live communally by the extended family structure and that makes it difficult not to have dependants. We can't escape that. However, wisdom is profitable to direct on how to lift them out of penury without distabilizing one's finances.

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April 23, 2024, 09:36:28 PM
 #65

True freedom does not depend only on one's financial freedom. You yourself earn a lot of money, but if people around you do not get the opportunity to earn money, then somehow they can depend on you. You get a lot of money there but fail to retain that money. Moreover, a person can never fully support others financially. In order to improve one's own position, one must advance in the improvement of the people around him. Especially those who depend on it. Therefore, a person should help others to the maximum extent in various matters. If their educational system can change their position by focusing fully on income system etc. then a person can improve overall. A family may have many members where not all are earning but if they are given an opportunity to earn then they can certainly contribute well there. As one's expenses will decrease personally, they will gain financial independence.
you are right because if you only you is one that is sponsoring your group based on your have money it is obvious that the money you have will not successfy you and they will not solve your problems your need so that is why you have to empower people that is around you in another way they can be able to earn their own personal money without depending on you so when you have done that you have liberated yourself from much expenses from other aspects money that one particular person have is a personal money.

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April 24, 2024, 08:29:59 PM
 #66

you are right because if you only you is one that is sponsoring your group based on your have money it is obvious that the money you have will not successfy you and they will not solve your problems your need so that is why you have to empower people that is around you in another way they can be able to earn their own personal money without depending on you so when you have done that you have liberated yourself from much expenses from other aspects money that one particular person have is a personal money.

No matter how rich you claim to be and how supportive you try to be, investing on your circle is the best way to go about sustainable living. This topic is more relevant in today's world of economic uncertainties, where you can be rich but still needs external supports or sources to thrive in the business arena. Having friends who can always stand in as a support system and assets is better than accommodating liabilities.

Although, for truth to be said, you need to have the financial or intellectual capacity to be able to invest in friends first, then, you also need reasonable friends who are interested and ready to tap into the opportunities available to them.

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April 25, 2024, 05:51:58 PM
 #67

So are you saying that having to be able to "optimize" your financial growth is the solution to having no problems with financials? Like how you are going to be able to do it with optimization? The reduction of expenses and having a larger income? It's not much of the subject that you are talking about and "invest" is not the right word. Maybe it's better if it's "saving".

It's not all about billions of dollars that you have in your bank account, it's not all about cars that you have, and it's not all about mansion that you have, but it's about the positive impact all these your billions of dollars, big cars and mansion have on the people around you.
  it's the best idea for some one to build people around him or her if not for, when they are being built and no more depending on you, you will even have some relief of their responsibility on you which you have settled them of.
Life is all about empowerment,  raising people up by empowering them. A man is considered to be a great man if the people around him are transformed by him. It can only be greed if one has the power to empower the people around but choose not to do. When you decide not to help people that are around whenever they have any problem they would always run down to you for help. But when you help people by carrying them along by empowering them whenever they have challenge of theirs they will be able to help solve problems themselves.

I think when you help in building people they are just like pillars to you, when you need support they can also be of help to you. This is very important to do for family members and friend because the effectiveness will still exist till the next generation.
  When you want to be the very pillar of your family, try to learn how to sacrifice a lot. They said; he who gives never lack. 
what goes around must surely comes around. If you don't have the discipline of sacrifice, you can not be able empower others, because it involves spending of money, time and some time your energy.
  If you want to grow further, spend on your dependents wisely. that is, some time you don't just give them cash, but spend on them by paying their school fees, pay for their skills acquisitions, try to teach them how to make money like doing business, trading on Bitcoin and online businesses which most of these may require funds. Do not hesitate to help them with their need financially emotionally and physically.
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April 27, 2024, 01:47:07 AM
 #68

For what I can see around me, a great deal of people want to achieve the success you can see in movies and TV, but they want to make no effort at all to fulfill their goals.

In a way they just hope that somehow everything aligns for them to become rich with no effort on their part, and this is not possible, that being said there are many people which are willing to work hard to reach their dreams, but they have no idea how to do this, and it is those people the ones that can be helped by offering some guidance and then let them figure out the rest on their own.

That is nonsense, with everyone of course must want success in his life and if they want success of course there must be effort and even sacrifice to be successful, but if they want to be rich but no effort it will never happen. It is the same with my friend where he always says he wants a change for the better in the future but he himself has no movement that shows progress or effort, I don't know what is in his mind why he wants success but no effort is made.

Those who want to be rich without any effort I think they need to be told that it will not happen magically. Although everyone has a portion of luck, it is not entirely going to give a big positive thing. Of course, whatever you want there must be effort first.
It is complete nonsense but on its on way I get why they are like that, as if I was told by a credible source that I was going to be given a billion dollars and I will have to do nothing to gain it, why would I refuse it?

However I know this will never happen, and even if I were to work as hard as I could during my whole life, I would still not achieve those kind of riches, however by doing the best I can, there is no doubt that I can get better outcomes than if I did nothing.

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May 01, 2024, 02:45:02 PM
 #69

Quote from: Coyster
If you have financial knowledge/intelligence, you can try to teach people who are dear to you, suggest finance books to them and support them financially in the little way you can. But i don't think you should "invest" in them, if you take up too many responsibilities, you might run the risk of going broke yourself, i always advise people to live for themselves and help people only in a way that would not affect you financially.
It will be difficult for such family to lack wealth, because that is the best way to make family remain wealthy by teaching them how to carry out research before investing in a decentralized currency, and wait for some years before they can supply their  coins to the market to make a good profits that will boost the family wealth.

You can allow them to handle some of your business for them to gain more skills that will help them to function well, when you establish their own business for them and it will make them to be bold in doing the businesses to earn for a living.

If you have so much wealth, and you fail to invest in your family by not creating opportunities for them to earn from , it will reduce your wealth to zero level, and it will bring disrespect to you in the family

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