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Author Topic: Most important things for wealth  (Read 540 times)
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September 01, 2024, 09:51:07 AM
 #41

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.
Things like a stable income with a side job always helps. Take a look at the situation that emanated with the pandemic, people lost their main jobs, side jobs appeared as the basis of earning for many. We have a rise in gig jobs in the post-pandemic times and app based ordering systems.

Therefore new skills and methods will never hurt one. Investing in new things always has some good effect that may not be relevant right there but will be relevant sometime later in life.

Again it does not need to a job always, investments are sources of side income too, if they generate a good enough interest every month.

 
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September 01, 2024, 02:26:05 PM
 #42


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 seems that we should focus on the work that we do, having a variety of jobs and skills is very helpful in determining the stability of our income, something that we need to develop to maintain wealth, so that there are no difficulties in the future.
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September 01, 2024, 04:31:31 PM
 #43

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.

People will often only realize once they have grown up and spent a few years in the job market how important a good education can be, so your point #1 is critical. We are in an increasingly competitive world with some jobs often being possible to do from overseas and if someone else has worked hard to attain a better level of education, they might just get the job over you. Your second point is often tied to the first and last ones, if you earn decent money with a top job, you'll often find that after a few years you can get a lot more freedom with those earnings - maybe even allowing you to retire early. Again, lots of people will waste time with things like playing games and it is one of the most valuable things we have so use it wisely.


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September 01, 2024, 06:09:23 PM
 #44

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 depends on the principles and perspectives of each person because after all there is a case where they are satisfied with the type of work and income they have so that the remaining time they have is used for other things such as family gatherings and spending time there but there are those who have other thoughts where every time is money so they will try to look for part-time even though they have worked before but it is not an obstacle because they realize that their needs are certainly greater so they must try to collect income so that they can cover their needs and save the rest for other needs in the future.

Sometimes in other conditions looking for part-time jobs is not just to get more income but it is indeed a necessity and not a few people continue to try to find more income every month because indeed our current economic conditions are still in trouble so that with inflation that continues to threaten and the prices of basic commodities are increasingly soaring then inevitably we must compensate for it with more income so that we can still survive in difficult conditions like now.

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September 01, 2024, 06:58:24 PM
 #45


2.The health take care of your health that's your biggest wealth.
A person needs to be healthy mentally, emotionally and physically to be able to be productive in any job, business or investment he will choose to go for. The same way a person invests so much in creating wealth, that same person should invest so much in living a healthy lifestyle.  People often miss lots of life changing opportunities when they are unable to stand, speak, see clearly and think clearly. Organisations and business partners need sound People to do business with and work with, only a healthy lifestyle can give a person the ability to be efficient and productive. 

3. Your time look how you use your time.
People should not hide under the saying "time is precious" to overwork themselves to death, there should be a balance between their work lifestyles and their personal lives. While they strive hard to make a living for themselves, they should also consider their mental health and general well-being. Utilise your time well, but don't fail to put your health into consideration.

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September 01, 2024, 08:38:20 PM
 #46

From the title of your topic, I was waiting for the regular tips of how to gain money and some sort of new investment. However, you summarized most important things and the real wealth instead of money and bills. We all agree that it’s good when your wallet is full and able to afford most of life expenses and comfort life, but with age and experience, these things will change in your mind, when you find your family beside you and compare it to when nobody is beside you.
For me personally, what matters more at this moment is family, health and the knowledge I would get in the future.

Anyone with good conditions like these ones above, he can make efforts in his life, get to see his dreams achieve due to stability. Compared to someone who has no family or health or even good knowledge, you will find him always struggling to get what he wants. That’s why wealth can also differ from a person to another.

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September 01, 2024, 11:47:39 PM
 #47

From the title of your topic, I was waiting for the regular tips of how to gain money and some sort of new investment. However, you summarized most important things and the real wealth instead of money and bills. We all agree that it’s good when your wallet is full and able to afford most of life expenses and comfort life, but with age and experience, these things will change in your mind, when you find your family beside you and compare it to when nobody is beside you.
For me personally, what matters more at this moment is family, health and the knowledge I would get in the future.

Anyone with good conditions like these ones above, he can make efforts in his life, get to see his dreams achieve due to stability. Compared to someone who has no family or health or even good knowledge, you will find him always struggling to get what he wants. That’s why wealth can also differ from a person to another.

I have to agree. Real wealth are actually those family and loved ones that will complete our real wealth and happiness in life. Money and bills are just tools, but they’re never the keys to achieve real wealth and happiness. Although life’s without money stability would create a very uncertain future, but who’s actually certain when it comes to our future?

Having sufficient knowledge in different life’s aspects and having a family that will help us mold into the best version of us, I think that would be enough that we have real riches within us.

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September 02, 2024, 02:11:04 AM
 #48

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

People often associate wealth with property, assets or businesses that can make money, but most people forget that health is also part of real wealth.
If someone is sick and they certainly will not be able to develop the potential of that wealth to increase further and instead the property or money they have will be used up for medical treatment.

Quote
3. Your time look how you use your time.
To pursue wealth in financial form, time is something that is quite decisive and time must be used well.
How a wise person sees time to work and they become time as a runway to move to determine the direction in achieving success.
Time is a sword because if it is wasted we will be left behind and opportunities will be taken by others.

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September 02, 2024, 07:01:43 AM
 #49

I have to agree. Real wealth are actually those family and loved ones that will complete our real wealth and happiness in life. Money and bills are just tools, but they’re never the keys to achieve real wealth and happiness. Although life’s without money stability would create a very uncertain future, but who’s actually certain when it comes to our future?

Having sufficient knowledge in different life’s aspects and having a family that will help us mold into the best version of us, I think that would be enough that we have real riches within us.
Family encouragement is indeed quite important and indeed wealth is not always because of money but it cannot be denied that in all things money is needed to prosper life. Everyone has a different perspective on it, and I think there is nothing wrong with that because we do want different things and personally I prefer wealth with time, I think if there is a lot of free time in our lives we can do many more useful things in life.

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wahyuagung26
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September 02, 2024, 09:15:12 AM
 #50

Things like a stable income with a side job always helps. Take a look at the situation that emanated with the pandemic, people lost their main jobs, side jobs appeared as the basis of earning for many. We have a rise in gig jobs in the post-pandemic times and app based ordering systems.

Therefore new skills and methods will never hurt one. Investing in new things always has some good effect that may not be relevant right there but will be relevant sometime later in life.


 A person's skills and knowledge or the skills they develop can help them in doing business or side jobs, and this will certainly be a source of additional income for them, the pandemic that occurred had a very big side effect in the form of a decrease in a person's income or job, many lost their permanent jobs.

Again it does not need to a job always, investments are sources of side income too, if they generate a good enough interest every month.

 People who invest as their side income have quite good potential in managing their income, the investments they make and trying to get income every month with the right assumptions in helping their economic development.
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September 02, 2024, 01:47:08 PM
 #51

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 depends on the principles and perspectives of each person because after all there is a case where they are satisfied with the type of work and income they have so that the remaining time they have is used for other things such as family gatherings and spending time there but there are those who have other thoughts where every time is money so they will try to look for part-time even though they have worked before but it is not an obstacle because they realize that their needs are certainly greater so they must try to collect income so that they can cover their needs and save the rest for other needs in the future.

Sometimes in other conditions looking for part-time jobs is not just to get more income but it is indeed a necessity and not a few people continue to try to find more income every month because indeed our current economic conditions are still in trouble so that with inflation that continues to threaten and the prices of basic commodities are increasingly soaring then inevitably we must compensate for it with more income so that we can still survive in difficult conditions like now.

People are grinding, chasing dollars, but are they truly productive? A shaky economy makes everyone hustle harder, but it's a hamster wheel. Survival, not prospering is what it is. Real wealth creation That calls foresight, planning, and a readiness to play the long run. Give up trading hours for bucks. That is limited resources. Invest in oneself with appreciable assets. Try creatively. Where is the chance others are missing? Real wealth is created at that point

It's more about working smarter than about working less. Help your money to work for you. Create a fortitude of resources capable of surviving any financial tempest. At that point, you reach actual financial freedom - that kind of freedom that allows you to savor family memories free from continual concern about the next payback

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September 02, 2024, 03:45:58 PM
 #52

I have to agree. Real wealth are actually those family and loved ones that will complete our real wealth and happiness in life. Money and bills are just tools, but they’re never the keys to achieve real wealth and happiness. Although life’s without money stability would create a very uncertain future, but who’s actually certain when it comes to our future?

Having sufficient knowledge in different life’s aspects and having a family that will help us mold into the best version of us, I think that would be enough that we have real riches within us.
Family encouragement is indeed quite important and indeed wealth is not always because of money but it cannot be denied that in all things money is needed to prosper life. Everyone has a different perspective on it, and I think there is nothing wrong with that because we do want different things and personally I prefer wealth with time, I think if there is a lot of free time in our lives we can do many more useful things in life.
In my opinion, there are 2 forms of wealth, the first is material wealth such as money and other assets, and the second is love, whether from ourselves, family and so on. Material wealth will be visible to us because it will be in the form of goods or things that can be seen by the eye. While the second wealth may not be visible, but we can feel it. If other people see material wealth from its type, this wealth will be seen directly in ourselves or our relationship with our family. Maybe this cannot be generalized, because some people will be different in expressing themselves, depending on their character. But the point here is that I agree that there is other wealth besides material.

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September 03, 2024, 04:41:24 AM
 #53

A person's skills and knowledge or the skills they develop can help them in doing business or side jobs, and this will certainly be a source of additional income for them, the pandemic that occurred had a very big side effect in the form of a decrease in a person's income or job, many lost their permanent jobs.
This is why 99% of the coders in the world who work an office job, goes home and does some coding there too. Not just for fun, but to improve and also to build something they have on their mind. Think of a person like a painter, if you have painting skills, and you paint at work, when you come home, you may paint there too, not everyday, not all the time, but you may, it's a possibility. This is why having a skill like that which got you hired, could leak to home as well and you could do some of them at home too.

I personally believe that the best thing to do in this case would be picking up a skill that can get you hired but also could make you end up getting a good result at home too, which is how you build your own app or whatever and you make money that way.

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