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Author Topic: Most important things for wealth  (Read 540 times)
Waldorf77 (OP)
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July 27, 2024, 03:26:05 PM
Last edit: July 27, 2024, 03:41:59 PM by Waldorf77
 #1

No matter how bad the things will be in the world If you keep this in your mind you always will be better even in the not best times.
So before you even talking about money you need to focus on those 3 things If those 3 things you have then you don't need to worry about money.

1.education and knowledge
you can and you should do is learning and getting knowledge not only School education.
While things go bad in larger scale the less educated people will suffering most the low education and low knowledge is the cause of poverty you can be poor but it doesn't mean you have to be this way internet books and access to info is for free to everyone nowdays only excuse is your own lazy mind If you have no knowledge.
If you have some spare free time it's always good to read some book or talk with some smart educated person or even watch some smart Youtube video.
Don't worry about to judge If the knowledge you learn is correct or not the more you learn and more you study the more base knowledge you will have in order to judge the subject what you study or learn so don't think you will have fast capability to judge the knowledge you learn If it's right or wrong you need to learn and study a lot so more you know the more you develope your ability to choose what's right what's wrong and making the right judgement.
Be realistic you don't get smart in one year not even 5 years it takes 10 years to get some basic knowledge once you get this then the next 15-20 years you will build some advanched knowledge top on basic knowledge the foundation If you follow on this you never rush things and you let your growth and success to grow naturally in the orcanic process.- that's why a lot good ceo -s of companies are the old workers who just been working long time in the company.
Don't never rush just keep it mind all the education and knowledge takes time step by step If you don't rush it means you let things happening orcanic natural ways and by that you build up strong foundation in your life.
That's why suddenly the people who was just working in 20 years without try to be shining over others they been just doing their thing and without loud announcements suddenly they will be successful and nobody don't get how it's possible that goes also not only to people and companies but also it goes to countries when other countries are like shining stars and on spotlight then suddenly some country will come out and surprise everybody so the power of patience and not rushing things is priceless but many people have no patience they want things fast as possible that's why they often fail or their success on something will be short.

2.The health take care of your health that's your biggest wealth.


3. Your time look how you use your time.

If you keep in mind those 3 things it don't matter the number how much is in your wallet the cash or number in your bank account you always are positioned better then other people.
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July 27, 2024, 11:04:46 PM
 #2

You put it plainly, and I think many people will agree with that explanation. Meanwhile, I think to stay focused on the goal, we also need to be aware of various temptations that come from outside, either from our friendship environment or social media, which have the potential to distract us from the goal. The development of technology makes it easy for us to continue learning, even now certain tasks can be completed thanks to the help of AI, including finding ideas or learning certain skills that can make us develop to be better. The challenges will get harder every day, we are required to be able to adapt with various situations and circumstances.

On the other hand, even if later our struggle or effort cannot lead to the status of financial freedom, but at least it can keep us from poverty, I think that is a certainty. The cause of poverty lies in laziness, and that is everyone enemy. Therefore, we must use our youth well before old age comes, our healthy time before sickness comes, and our free time before busy times come. In the end, to achieve all that we must take action and keep moving.
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July 27, 2024, 11:59:07 PM
 #3

3. Your time look how you use your time.
Time is very essential, time is money. Time wasted can never be regained, this is why we are always encouraged to make good use of the time we have each moment because it never returns. The biggest thief of time are distractions in form of parties, friends, entertainment that has no educational benefits, that is why if you are able to really do away with distractions, the chances of becoming financially successful raises significantly.

 
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July 28, 2024, 11:02:42 AM
 #4

And sometimes all we need is a little luck...

Too many people have walked and are walking this land, a zillion different stories, including some for the believe it or not column. There are no clear rules, many have had everything on this list and failed... they lacked a bit of luck, maybe the courage to take a risk. Anyway, it's up to everyone to try to make something out of what they have, and only those who decide to try have a chance for more.

It's nice to have material wealth, but it's obvious that many people don't have a limit. When is enough? In the race to have even more, some people go too far and cause harm to many others and nature... the future generations will have huge problems, we feel them even now.

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July 28, 2024, 12:04:18 PM
 #5

1.education and knowledge
While growing up, most people who couldn't afford a university or college education go into techno-vocational education through apprenticeship. Apprentices would have to spend two years and above to gain skills to excel in such a profession. These days young people are no longer interested in learning for such a long time. They are attracted to get-rich-quick schemes and don't have regard for hard work.

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2.The health take care of your health that's your biggest wealth.
This is the most important means of creating wealth. A sick rich man is poor because he wouldn't enjoy the wealth. We have to take care of our health by exercising, eating healthy food, getting enough rest, and avoiding harmful practices. Ensuring we go for periodic medical checkups is also important.

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3. Your time look how you use your time.
Spend time mostly in productive activities. So people waste most of their time on social media platforms viewing content which are just for fun. Investing more time in learning and developing productive services or goods is essential in the pathway to financial freedom. We should also have time to rest and have fun with loved ones because that's what makes life enjoyable.

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July 28, 2024, 01:41:57 PM
 #6

I remember a saying that goes;
“Time, money and knowledge are resources in life and when you want to get one of them then you need to sacrifice two of them”.
This should make us realize that when we want wealth then we need to have the time and knowledge to do something that can lead us to that wealth and it is very important that we must have the knowledge and time to convert it into money and build your wealth.

Things ii must rotate, which thing you might have to take as a step forward to get your wealth, whether you will pursue knowledge first or wealth first or maybe take time first, don't take steps because time is spinning very fast in this world, if you realize that you have lived on this earth for a long time and you have not achieved your dreams of getting wealth, it goes back to what you have been doing all this time in your life.

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July 28, 2024, 03:35:27 PM
 #7

2.The health take care of your health that's your biggest wealth.
This is the biggest thing that sometimes many people do not realize. Without them realizing that health is the greatest wealth in life, no matter how poor we are when we are still healthy then we will be able to enjoy something that is sometimes considered trivial. For example, when we can eat food that is actually simple, but when we are healthy we can feel pleasure. But the problem now is that we tend to think that wealth is something related to material so that we forget things like this.

When we have a disease then our wealth will run out quickly, I have seen many cases like this. Some of them initially had a lot of money, but when one of their members got a serious illness then slowly the money they had would run out for medical expenses and others, even among them many ended up selling many assets to be able to cover medical expenses. That's why for me health is the main thing.

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July 28, 2024, 04:21:06 PM
 #8

Don't worry about to judge If the knowledge you learn is correct or not the more you learn and more you study the more base knowledge you will have in order to judge the subject what you study or learn so don't think you will have fast capability to judge the knowledge you learn If it's right or wrong you need to learn and study a lot so more you know the more you develope your ability to choose what's right what's wrong and making the right judgement.

I respectfully disagree with telling people not to care if what they're learning makes sense.  That seems misguided.  If you can't tell good info from questionable stuff, your brain gets full of junk and  saying it takes 10 years for basics and 15-20 more for advanced material is silly.  People can't fritter away decades on disorganized, random knowledge.

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July 28, 2024, 04:46:08 PM
 #9

The world changes faster than politicians promise. Want to thrive? Be a chameleon and adapt quickly than a lizard on a hot rock. Instead of dusty textbooks, coding bootcamps teach you how cryptocurrency works. This is new education

Think fitness is just looking beautiful in a swimsuit? Think again. Health is a weapon economically. Healthier people are more productive, produce more money, and drain the system less. Domino effect, people. This is economic warfare, not just feeling good

Time is the most important resource, the actual currency. Your time choices represent your values, priorities, and economic prospects. You're losing your life and economic growth by wasting time on pointless crap

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July 28, 2024, 05:22:22 PM
 #10

Op, For earning money, education should be at top because before getting knowledge we can't be successful. So specialized knowledge of any skill is important to be successful in life. Always focus on your goal. Make a long team goal then divide into small goals and then divide small goals into small segments of goal. Always do hard work and make a daily plan , weekly plan , monthly plan and Yearly plan . Always check your progress and see that you are growing or not . If you are not improving then do more hard work and change you plan . In life , hard work plays important role to get success, respect and fame in life. All things are necessary for living successful life and money matters a lot and people judge us by our money.

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July 28, 2024, 06:16:41 PM
 #11

The world changes faster than politicians promise. Want to thrive? Be a chameleon and adapt quickly than a lizard on a hot rock. Instead of dusty textbooks, coding bootcamps teach you how cryptocurrency works. This is new education
The world is ever changing and always evolving. Just like with Darwin’s theory, it’s the survival of the fittest. Whoever manages to adapt to their environment and survive despite harsh challenges, they are the one to stay and continue their specie.

This applies in the workforce or just life in general. Adversaries will always come but you need to be resilient and steady.


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July 28, 2024, 06:34:28 PM
 #12

2.The health take care of your health that's your biggest wealth.

We always hear this popular phrase that is wealth. There is a lot of meaning in it that when we actually take good care of that our health, we would see the reward of it in this universe. Without a sound health, you can’t do and undo anything, you’ll always be on the lookout of your health when you’re suppose to be doing something else to increase your income or make your source of income flawless and expand more. The best thing you can do is to cherish you health and protect it because it plays an important role in making you wealthy.

Quote
3. Your time look how you use your time.

Making good use of that ample time is what defines you more. It has a lot to do with how far you can go with making money. If you misuse the opportunities you have to make money into doing something that is not profitable, you’ll end up regretting it. Some opportunities comes only once and once they come, you should take advantage of them in order not to be left behind when others are making wealth. One step at a time but when you miss some steps, it’ll take you longer time to recover back.

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July 28, 2024, 06:45:03 PM
 #13

I think your time is one of the biggest factors in acquiring wealth. How you spend your time where you spend your time at and what you spend your time doing are things that anyone who wants to create wealth in the future should begin to look into. From books and interviews I have had with wealthy people they value their time more than anything else in the world because they know that time is money and that is the reason why for some of them to appear in an event for 10 minutes they are paid in hundred and millions of dollars.

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July 28, 2024, 07:04:29 PM
 #14

No matter how bad the things will be in the world If you keep this in your mind you always will be better even in the not best times.
So before you even talking about money you need to focus on those 3 things If those 3 things you have then you don't need to worry about money.


Did you realise you can still have these three things and lose them? 
 
For instance, you have good education and knowledge, and you keep good accounts of your time, but without money, you can never have good health. I know you will be surprised why I said so, but when you are broke and hungry, you will be thinking more, and from that, you will get ulcers due to the hunger, and at the same time, you will be depressed due to too much thinking. So there is no way to maintain these three things that you mentioned without money. The best way to balance this is with money, and to get money you need risk, so there is no way in this life that you will say you will never worry about being wealthy; it will never happen. You have the urge to get whatever you see, and you can’t stop that, so there is no way to go further in life without money. 

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July 28, 2024, 07:10:42 PM
Merited by Baki202 (1)
 #15

3. Your time look how you use your time.
Time is very essential, time is money. Time wasted can never be regained, this is why we are always encouraged to make good use of the time we have each moment because it never returns. The biggest thief of time are distractions in form of parties, friends, entertainment that has no educational benefits, that is why if you are able to really do away with distractions, the chances of becoming financially successful raises significantly.

I concur with all you said but this is subjective you know. I have a friend that works from home and doesn't go out in the day to even see his street a week, he order for food and do shopping once a month but he doesn't joke with parties when there is one in the night, he can party and do all sort of things but I'm not financially bigger than that dude and he makes more money way than I do and trust me when I say he hang out well in the night with anyone ttat his gets at that particular time.

What I think is there is productive time and there is play time, all work without play make Jack a dull brain, you must entertain yourself but make sure not to go extreme, you must make friends if necessary but don't do the ones that will disturb you when you want to do work and make money, make sure you disable anything that is eye distracting and forget anyone that is too financially dependent on you.

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July 28, 2024, 07:52:30 PM
 #16

I think your time is one of the biggest factors in acquiring wealth. How you spend your time where you spend your time at and what you spend your time doing are things that anyone who wants to create wealth in the future should begin to look into. From books and interviews I have had with wealthy people they value their time more than anything else in the world because they know that time is money and that is the reason why for some of them to appear in an event for 10 minutes they are paid in hundred and millions of dollars.
Time is precious to everyone not only the wealthy people but Including you and I which I know that you can not jeopardize your time for nothing serious or to what that won't add anything meaningful to your life. And of a true I mind what I does with my time and I am always conscious of it because anytime that is invented to what is not productive would always make us regret it at the later days.

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July 28, 2024, 08:53:30 PM
 #17

~
True but at the same time, with how civilization has pretty much equalized how people generally study and educate themselves, you'd always need (and want) that bit of luck that can help you land something big for you. Might be a job, an opportunity to learn more, but yeah, it's usually those types of things that make the difference now imo. And maybe a bit of connections as well? Or screw it you can live well even with just connections ngl.

Don't get me wrong, all the stuff you stated is needed. But again, on level playing grounds against others, you'd mostly rely on luck and connections to bring you opportunities I'd say.

 
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July 28, 2024, 09:04:42 PM
 #18

I believe that the pursuit of knowledge and information, maintaining good health, and time management are the basic elements for leading a good life. Money is of course important, but if you have these three you will be better equipped to handle situations. With education, good health and effective time management strategies one can always be in a better position irrespective of his financial condition. If you have these three aspects in your life then definitely you will be able to face different problems which include the problem of finance also. Having a sound financial condition is the outcome of managing all three aspects in a proper way. So although you may not always have a lot of money, having all three will bring you greater prosperity and peace than relying on material wealth alone.

Remember that cash is ephemeral but knowledge, good health and time well spent are perennial gifts of value to oneself. It is through centering on these real treasures of life that one can lead a richer, more purposeful and wealthier life.

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July 28, 2024, 09:34:15 PM
Merited by FatFork (1)
 #19

Don't worry about to judge If the knowledge you learn is correct or not the more you learn and more you study the more base knowledge you will have in order to judge the subject what you study or learn so don't think you will have fast capability to judge the knowledge you learn If it's right or wrong you need to learn and study a lot so more you know the more you develope your ability to choose what's right what's wrong and making the right judgement.

I respectfully disagree with telling people not to care if what they're learning makes sense.  That seems misguided.  If you can't tell good info from questionable stuff, your brain gets full of junk and  saying it takes 10 years for basics and 15-20 more for advanced material is silly.  People can't fritter away decades on disorganized, random knowledge.
I can’t believe somebody will actually say that. If it doesn’t matter what you’re learning to have any sense in it or not. How do you even go about doing a trade or learning a trade that you don’t find potential in it in a couple of years. How can one hope to succeed in such field, you wouldn’t be able to explore the opportunities within it and as such, its treasures remains lucked to you. You ought to have a purpose and be intentional in learning a trade, taking into cognizance every step of the way and making meaning of them.

Mind you, time is a very essential asset to every growth processes. Once lost, you can’t gain on it and it tells on the process. You’ll be wrong to note make sense of your growth phases, noting your wins and flaws.

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July 28, 2024, 10:29:09 PM
 #20

The most important thing to create wealth is knowledge and connection, a connected man can acquire wealth that your educated can't give you. Human beings are a social creature therefore we need associations to survive and when you decide to not associate with you fellow humans, you'll be Isolated from information and opportunities. To create wealth you need a cycle that can help you achieve that because when you're the only one in your circle that is looking to get to success will others are living an unbothered lifestyle, you'll be drawn back by them.

No matter how bad the things will be in the world If you keep this in your mind you always will be better even in the not best times.
So before you even talking about money you need to focus on those 3 things If those 3 things you have then you don't need to worry about money.
If you keep in mind those 3 things it don't matter the number how much is in your wallet the cash or number in your bank account you always are positioned better then other people.

You didn't include your network but the three you outlined are very important. Wealth creation varies depending on the individual that is involved but if you're not intentional you can never create wealth. There is a difference between money and wealth so let know what we want and know how to go about getting it. You can be employed and get paid salary that give money to live comfortable but if you want to create wealth, your job can't do that for you. You need to be an investor or a business owner and your need connection,

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