Qiubell5
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July 28, 2024, 11:00:06 PM |
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3. Your time look how you use your time.
time is an effective management to increase your focus and increase productivity, greater focus allows you to capture ideas and business opportunities that are in front of us because time will not return, and time will not be repeated so we have to find a way to find business opportunities that are very important, because the success or failure of someone in achieving the desired wealth depends on how hard we try to achieve it, this also allows you to spend more time on projects and study them more deeply, that's the most important thing in this time to achieve greater priorities.
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serjent05
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July 28, 2024, 11:17:49 PM |
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The three things @OP stated, Knowledge, health, and time are really important factors in gaining wealth. But in my life it is not only about gaining wealth but also preserving it. There are lots of people who amass a huge amount of money but end up poorer in the end. I believe financial management and moderation is as important as these three because one can't preserve his wealth if he don't know how to manage and moderate himself on spending his hard-earned wealth. There are also outside variables that can affect one's accumulation of wealth. Just like @CryptopreneurBrainboss stated, the connection is as important as these three factors. The mindset factors on making money, spending money and saving money also play a great role in wealth accumulation just like the things stated in this article : https://www.investopedia.com/managing-wealth/simple-steps-building-wealth/
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livingfree
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July 28, 2024, 11:46:32 PM |
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We often hear "health is wealth".
And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
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el kaka22
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July 29, 2024, 04:33:21 AM |
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Saying these things are important, is missing the entire point. You want to learn something? If you are poor and going to work all day, and then taking care of the house for the rest of the time, how are you going to learn? How are you going to get education or knowledge?
If you do not even have that problem, but you do not have money, you can try your best and while you can still get good at something, someone with money could not only learn from the best sources that costs money, they can have the best tools and best mentors as well. I learned graphic design all by myself, do you know how much better I would be and how quicker it would take if I had a mentor and all the tools I needed? Meaning if I had more money?
Would have been half the time and twice the quality by now. Or health, you think that poor people hate taking care of their body? If you have the money you can eat the best food, live in the best conditions, and go to best hospitals to be sure that you are doing fine, whereas if you are poor, you eat whatever you can, even your bed makes you sick, and you do not go to hospital all that much to prevent high prices. You can literally buy TIME if you are rich, and you sell your time when you are poor. Remember all that.
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Marvell1
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July 29, 2024, 10:49:55 AM |
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We often hear "health is wealth".
And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
Time is also wealth because we cannot buy back if we let it go by without doing anything. Or family relationships can also be considered wealth because once we lose a loved one, we will never be able to find them again...It can be said that our lives have many important things and we should find ways to balance everything instead of just focusing on one thing and considering it everything. Health, time...all will mean nothing if we cannot take advantage of them to create money to take care of ourselves and our families. Therefore, we need to appreciate what we have and balancing everything in life is what we should aim for.
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slapper
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July 29, 2024, 11:15:42 AM |
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We often hear "health is wealth".
And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
Time is also wealth because we cannot buy back if we let it go by without doing anything. Or family relationships can also be considered wealth because once we lose a loved one, we will never be able to find them again...It can be said that our lives have many important things and we should find ways to balance everything instead of just focusing on one thing and considering it everything. Health, time...all will mean nothing if we cannot take advantage of them to create money to take care of ourselves and our families. Therefore, we need to appreciate what we have and balancing everything in life is what we should aim for. Though maybe even more valuable, time and relationships are currencies as actual as money that we all know yet ignore. Man, time is lost forever. Like it is with catching smoke. Dollar signs help us to forget the true wealth we create or lose daily. What counts is how you grow your relationships and financial account Constant are time and connection; the economy changes. Apart from creativity in business, technology, and other spheres, we have to enhance our emotional intelligence and temporal perception as well. That's the actual conflict, man. What if we gave time, money, and emotions our due attention? Imagine the return by knowing how relationships, time, and money interact. Not balance, but rather it's fucking synergy Suppose time had the same value as money. Everything would change. World would come to know real riches
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Lida93
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July 29, 2024, 11:29:10 AM |
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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.
One year I agree but, 10 years that's too exaggerated to get smart on anything you're learning except that person is a complete dummy. If absolute concentration is giving to the learning of any skill or knowledge, at most 5 years should be sufficient to know what's needed to be considered a smart expertise in that field or area, all other years ahead is just to keep improving on the knowledge as things evolves. 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.
Time is a very scarce resource and at same time its a determinant to how the first two things (knowledge and health) takes shape in our lives when we'll maximized, it makes every other things fall in pleasant place for the individual. In other words, to acquire knowledge or maintain good health you've to intentionally make provision for time for each.
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DaNNy001
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July 29, 2024, 02:07:49 PM |
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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.
A lot of people don't take their health seriously, they engage in smoking, drinking and other unhealthy things that can cause a lot of havoc in the future, taking care of your health is of utmost importance so when you finally become successful you wouldn't have to deal with having an health issue, so many rich people are dealing with health challenges due to the poor lifestyle they lived in the past, this can be a major setback on your finances
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livingfree
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July 29, 2024, 10:43:45 PM |
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We often hear "health is wealth".
And whoever made that quote and the ones that are relying on it is actually true. Our health is our wealth nowadays and this is the reason why if you stay fit and healthy, you're a wealthy one.
No bad blood to the ones that are wealthy and yet they're bedridden and they're not healthy. This is why if you are waking up everyday without having problematic with your health, consider yourself as a wealthy person.
For having your own time, you're also a wealthy person. You can do anything you want without compromising having source of funds and continuous cash flow.
Time is also wealth because we cannot buy back if we let it go by without doing anything. Or family relationships can also be considered wealth because once we lose a loved one, we will never be able to find them again...It can be said that our lives have many important things and we should find ways to balance everything instead of just focusing on one thing and considering it everything. Health, time...all will mean nothing if we cannot take advantage of them to create money to take care of ourselves and our families. Therefore, we need to appreciate what we have and balancing everything in life is what we should aim for. That is true. And that's why the wealthiest have the most time in their lives. They don't need to work a lot and dedicate their times to the hustle that we used to do. Because them, they buy people's time for them to earn more money and that's the salary that we're calling. That's how the wealthiest people do for them to have more time although technically all of us have the same 24 hours but they're adding more to it through outsourcing and employing people to their companies.
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junder
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July 30, 2024, 03:26:27 AM |
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A lot of people don't take their health seriously, they engage in smoking, drinking and other unhealthy things that can cause a lot of havoc in the future, taking care of your health is of utmost importance so when you finally become successful you wouldn't have to deal with having an health issue, so many rich people are dealing with health challenges due to the poor lifestyle they lived in the past, this can be a major setback on your finances
Yes, I can confirm this which is indeed a fact, I also feel quite strange about why I often see rich people where on average one of their family members suffers from a disease that is indeed a serious disease, or an unusual disease such as heart disease, liver and tumors, one of them, I do not know what the cause is but what is certain is that an unhealthy lifestyle as you said can certainly be one of the triggers for the emergence of the disease. Until finally sometimes there are also some of the rich people that I see who sacrifice most of their wealth just for medical expenses, so it's like you who are struggling tooth and nail from the start to achieve success and when you have achieved financial freedom you use all the wealth you have just for medical expenses, even though it is a reasonable action for someone who suffers from an illness, but when you know about the various impacts of the bad habits that you have in life especially in terms of consuming food or drinks that have a negative effect on health then of course that should not happen, in fact it is useless for you to have a lot of money but you do not feel happy because you suffer from a disease due to your bad habits, although this does not happen to every rich person but this is worth noting and is no exception for middle class or poor people.
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reagansimms
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July 30, 2024, 03:34:57 AM |
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1.education and knowledge
Educated people appear to be more prepared for work than people without education or a college degree. Education plays an important role for someone in getting a job and being considered competent when taking the educational path, the person joins organizations that can develop their personality. Education must also be complemented by experience, because both are equally important as basic capital in finding work. Often found in real life, companies that need new employees prefer people who have educational degrees and experience in order to advance the company in the future. 2.The health take care of your health that's your biggest wealth.
Health is a priceless wealth, it is useless if you have abundant wealth but cannot enjoy life like a healthy person. Health is the most important part of life, every individual needs to manage their health well so they can carry out normal activities and enjoy life. 3. Your time look how you use your time.
Time is money, everyone is always chasing as much money as possible to meet the needs of life. Time is also very valuable in life, so it is very important to always appreciate time because it cannot be repeated again, time will only continue to run forward without ever being able to be turned back again.
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dezoel
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July 30, 2024, 09:59:24 AM |
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It's one of those things that comes from back in the day. Medicine wasn't always this improved, and it wasn't this wealth gap neither, well it was depending on your status, but it wasn't THIS big difference as in you would get a bad treatment, but you would get it, now you may not even get one if you do not have money.
So, when you say health is more important than wealth, you are saying it in old times, because health had nothing to do with wealth.
Many people think that average mortality rate in roman times was 20's or 30's, because that's how long people lived, but in reality infant mortality rate was so high, that if you go past 5 years old, and do not get any sickness along the way, or die in a war, you could easily live until 70 years old then too.
The difficulty was that most people either died at war, died at infancy, or got sick and had no medicine like ours. Instead, right now, we have medicine, so if we have wealth, we can buy health too, not all, like some types of cancer is still deadly, but majority of other sicknesses could be bought easily and you could stay healthy. So that is why do not consider they are two irrelevant stuff, they are still connected to each other very much.
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TheUltraElite
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So anyway, I applied as a merit source :)
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July 30, 2024, 03:22:14 PM |
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Education is indeed important in securing a job and keeping a stable income, no disagreement there. A stable income source always cushions out the side hustles which are going to be more risky and money hungry. It is even better if the person is doing something that they are passionate it, they will earn and love doing it at the same time.
Health once again another important thing but often ignored by many people including many of the forum users. One fine day they make a thread about a mishap and we all get to know they were suffering from a disease which could have been prevented or not. Without health your wealth is useless, so make use of that.
Always make time for family, your own health and developing your own skills. These add to your good habits and make the life worth living.
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Futurexxx
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July 30, 2024, 04:08:08 PM |
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The three things you talked about is very good and essential for the growth of an individual if it's utilize properly, but to be honest, if you don't have Patience, you are going to miss out of so many good things of life, so patience is really a virtue someone must have, in other to succeed, because good things takes time, and if you aren't patient enough to wait, you might miss out.
Another thing that I feel like should be added to your list is focus, as an individual that really want to make it in life and really want to stay at the top, being focus on your goal is very important, if not l, you might miss out due to distractions around us.
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DeathAngel
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July 30, 2024, 05:56:37 PM |
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To achieve a comfortable level of wealth focus on financial education to understand personal finance, investments & budgeting. Diversify your income by developing multiple streams through side hustles or investments. Prioritise saving a portion of your income regularly & invest wisely in stocks, real estate or mutual funds for long term growth. Create & adhere to a budget to control expenses while building an emergency fund for unexpected costs. Try to embrace continuous learning to adapt to changing economic conditions & seize new opportunities.
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GeorgeJohn
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July 30, 2024, 09:47:38 PM |
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To achieve a comfortable level of wealth focus on financial education to understand personal finance, investments & budgeting. Diversify your income by developing multiple streams through side hustles or investments. Prioritise saving a portion of your income regularly & invest wisely in stocks, real estate or mutual funds for long term growth. Create & adhere to a budget to control expenses while building an emergency fund for unexpected costs. Try to embrace continuous learning to adapt to changing economic conditions & seize new opportunities.
among your pond the one that interest me much is diversification of generating of income because if you want to be in positive side of wealth you have to diversify your source of income, and that is what some people don't know until date, some people always focus and base on one particular income source and when such place shutdown and they will face a hardship.
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BALIK
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July 31, 2024, 05:38:25 AM |
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To achieve a comfortable level of wealth focus on financial education to understand personal finance, investments & budgeting. Diversify your income by developing multiple streams through side hustles or investments. Prioritise saving a portion of your income regularly & invest wisely in stocks, real estate or mutual funds for long term growth. Create & adhere to a budget to control expenses while building an emergency fund for unexpected costs. Try to embrace continuous learning to adapt to changing economic conditions & seize new opportunities.
among your pond the one that interest me much is diversification of generating of income because if you want to be in positive side of wealth you have to diversify your source of income, and that is what some people don't know until date, some people always focus and base on one particular income source and when such place shutdown and they will face a hardship. It's not that people don't know that diversification or having multiple sources of income is a good thing, but diversifying income sources is not easy and not everyone can do it. Not to mention, diversifying income sources is not always good if you have a high and stable source of income, there is no reason for you to look for another job and instead focus entirely on current work to maximize its potential. It can be said that everything has its pros and cons and what is more important is making the right choice for each person's situation.
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Fiatless
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July 31, 2024, 05:46:08 AM |
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To achieve a comfortable level of wealth focus on financial education to understand personal finance, investments & budgeting. Diversify your income by developing multiple streams through side hustles or investments. Prioritise saving a portion of your income regularly & invest wisely in stocks, real estate or mutual funds for long term growth. Create & adhere to a budget to control expenses while building an emergency fund for unexpected costs. Try to embrace continuous learning to adapt to changing economic conditions & seize new opportunities.
Reducing spending on unnecessary wants is very important. These days, it is common to see people spend on designer clothing, luxury cars, and other expensive items. I am not saying one shouldn't enjoy his wealth but there should be some level of restrictions. Investing in the future is essential because people will not have the opportunity to actively engage in work because of issues like health problems, loss of a job, or even conflicts. Another way people lose funds is by investing in areas they have little or no knowledge about. Immediately, they hear people discussing that a sector is profitable, they will just put money into it without doing research. This is why many people go broke immediately they lose their sources income. The economic space is dynamic, which is why every investor must be a researcher and constant learner. What is attainable in some sectors has changed, and investors should also change strategies. Investing in Bitcoin is becoming one of the best options for preparing for the future.
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Yatsan
Legendary
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July 31, 2024, 09:22:07 AM |
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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
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.
While both health and wealth are important, I would rather choose health over knowledge and wealth. Some might say you can't be healthy without money, but that's where they are wrong. You can be healthy in a very simplest ways possible while spending a little penny. I assume everyone knows what's a healthy lifestyle is but I bet not everyone can achieve what really is. I gladly share this humble knowledge of mine about health. We can call it Healthy Habits. 1. Nutrition and Physical Activity - where we can watch what we eat especially nutritional facts and daily exercise 2. Environmental Health - aside from out foods, our surrounding also counts when it comes to our health, there's a lot of infectious diseases. 3. Vaccine or Immunization - well the title describes itself 4. Alcohol and Drugs - well a small amount of alcohol is fine but what I'm saying in this point is more likely substance abuse or addictions. 5. Mental Health - well mentally healthy is also part of universal health care in our system alongside with physical health, reproductive health, emotional, social and such. These are the very example of healthy lifestyle that even the World Health Organization is practicing in various countries. I might have the knowledge about that but I won't be able to share it to anyone if I'm not healthy ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) you can see the logic there.
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justdimin
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August 01, 2024, 06:02:33 AM |
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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.
Although I agree that the three things you have mentioned are extremely important for any person if they want to succeed in life, I believe knowledge isn't always necessary for one to get wealth. I have seen a lot of people becoming wealthy, having business empires, firms, and companies, all by being uneducated. How do they do it? Sometimes it's through inheritance and most of the time luck. Many people say that hard work is what makes you succeed and luck isn't necessary, I completely disagree with this statement because I have seen people working extremely hard but not having a successful or financially independent life. Does it mean they are not working hard? No, it's because of a lack of opportunities and that is because they are unlucky. So, I do agree that knowledge and education are very important, but they tend to be useless if a person isn't getting good opportunities to show their worth.
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