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Author Topic: Making Money Work for you instead of you working for money.  (Read 1019 times)
ndutndut
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April 10, 2025, 06:36:55 PM
 #41

But financial freedom in my own view, isn’t just about investing in traditional assets. You can as well build income generating systems, which include; an online store, a digital products or a content channel. It seems these will take your effort up-front, but they can generate income without you needing to be involved every hour of the day. Though, I’ve seen people starting e-commerce stores, affiliate marketing, freelancing by using platforms like Unified, Upwork, fiverr or freelancer which helps turn a business into something closer to passive income.
Doing many different things in the hopes of having multiple streams of income can be a disadvantage because you will be the jack of all trades and master of none. And a master of none makes no one. You should focus on one skill, build it up to a master or expert level before you think of adding another stream of income to it. I believe in how important specialization rather than just having multiple things doing. Sure, you can put money into agriculture or sports just something, so long as you can buy and then hand off all the work to someone else to manage while the money comes in.
Yes, this makes more sense. Don't follow others, if you believe in one thing you want to hone, focus on it, don't watch people do A you do A, then watch others do B you do B, later all of this will not work in the end. The key to great achievement is focus, because our time is limited and time cannot be repeated. If we are successful in one job, then think about the next step because without one skill that we really master, it will be difficult to move on to the next stage.

When income starts to stabilize, then invest in long-term assets such as btc, property and other assets. Rich people on average also build a stable income first and then invest for the long term because investing is a step to make money work for us.

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April 10, 2025, 07:05:10 PM
 #42

Making money works for you is the vital steps you could do to break financial syndrome in your life, your everyday aim is making sure the plan of your work setting the time limit where you are going to rest and then the money you've accumulated start generating more for you even when you sleeping.

Such jobs are social media content creation where your previous posts made few years ago can still generate you income even when you no longer post, such scenero shows on Facebook reels and that's massive gains for some couple of months ahead.
I think not really, I mean it is just another way to make money. For some, it doesn't really matter if it was passive or active but as long as the earning is already huge that can solve almost all their problems, then that already breaks their syndrome. I say ' almost all ' only because I think there are still some left that can't be solved by money.

If it's about being passive, they don't have a time limit but they can run even 24/7, though indeed that we might still need to check how things run now and then because there might be issues that can ruin our business. As for content creation, I think this is a combination of both passive and active because we still need to create the content first, unless we also hire people to do this job. We can though if we are earning well already.
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April 10, 2025, 09:13:04 PM
 #43

Making money works for you is the vital steps you could do to break financial syndrome in your life, your everyday aim is making sure the plan of your work setting the time limit where you are going to rest and then the money you've accumulated start generating more for you even when you sleeping.

Such jobs are social media content creation where your previous posts made few years ago can still generate you income even when you no longer post, such scenero shows on Facebook reels and that's massive gains for some couple of months ahead.
Well, if we want a faster achievement for financial stability, creating a passive income should be prioritized and not just focused on working alone without taking an extra mile to indulge yourself in an investment. Although opportunities that come to us seems unequal, but just like the saying, if you can’t find your own opportunity, create your own opportunity instead. Your awaited financial break is definitely in your hands now, as you have all the initiatives to make it work or not.
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April 10, 2025, 09:30:30 PM
 #44

One of the financial freedoms is to have a passive income and it is enough for all kinds of needs, both daily needs, monthly, education, health, sudden needs and so on. even if for secondary, tertiary and other needs.

but to achieve financial freedom with a very good passive income, it also requires struggle and a difficult process, unless we are rich from birth and have never experienced the slightest difficulty for 7 generations later.

but for ordinary citizens. yes, we just go through the process of life and our income. if we really want something like that, it means we have to make big efforts to realize it, manage our finances intelligently, make more money for all of that, and also do various strategies to be able to optimize the benefits of the results of our work or efforts both in the crypto world and outside of it.

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April 10, 2025, 09:40:27 PM
 #45

Many men and women who have become wealthy and financially independent advise this. Money works for you, earning interest and paying dividends. When you work for money, you are selling something precious and limited: your time. When money earns interest, time is your greatest ally.

I believe it is possible to balance both. If you work at something you love, you will have two sources of income and, as a result, you will reach your financial goals faster.

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April 10, 2025, 09:44:50 PM
 #46

One of the financial freedoms is to have a passive income and it is enough for all kinds of needs, both daily needs, monthly, education, health, sudden needs and so on. even if for secondary, tertiary and other needs.

but to achieve financial freedom with a very good passive income, it also requires struggle and a difficult process, unless we are rich from birth and have never experienced the slightest difficulty for 7 generations later.

Actually mate passive income doesn't actually make everyone who has it a financial freedom because the money might not be much, what I no about passive income is that the money doesn't usually big because it was gotten from something you didn't put work for, and that's to say that it shouldn't be rely on, so perhaps passive is a little problem solver, so if somebody only has it then they have not had a financial freedom, so anything passive income most or should be accompanied by a real job that has the real impact, so that as that one is yielding plus the passive itgets bigger.

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April 11, 2025, 09:32:11 AM
 #47

One of the financial freedoms is to have a passive income and it is enough for all kinds of needs, both daily needs, monthly, education, health, sudden needs and so on. even if for secondary, tertiary and other needs.

but to achieve financial freedom with a very good passive income, it also requires struggle and a difficult process, unless we are rich from birth and have never experienced the slightest difficulty for 7 generations later.

Actually mate passive income doesn't actually make everyone who has it a financial freedom because the money might not be much, what I no about passive income is that the money doesn't usually big because it was gotten from something you didn't put work for, and that's to say that it shouldn't be rely on, so perhaps passive is a little problem solver, so if somebody only has it then they have not had a financial freedom, so anything passive income most or should be accompanied by a real job that has the real impact, so that as that one is yielding plus the passive itgets bigger.
And to have passive income is not easy even though the amount is not much. Working every day usually we do not get a lot of money and can only cover needs and only leave a little for savings.

What you said about rich families makes sense and indeed what I see around me is that those who are rich are also born as rich people who only need to continue the company or business that is already running. Many also do it from 0, but indeed if we talk about the process then privilege is very influential in making it easier.
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April 11, 2025, 09:51:25 AM
 #48

One of the financial freedoms is to have a passive income and it is enough for all kinds of needs, both daily needs, monthly, education, health, sudden needs and so on. even if for secondary, tertiary and other needs.

but to achieve financial freedom with a very good passive income, it also requires struggle and a difficult process, unless we are rich from birth and have never experienced the slightest difficulty for 7 generations later.

but for ordinary citizens. yes, we just go through the process of life and our income. if we really want something like that, it means we have to make big efforts to realize it, manage our finances intelligently, make more money for all of that, and also do various strategies to be able to optimize the benefits of the results of our work or efforts both in the crypto world and outside of it.
You have a good points, buy its all depends on the system and the people in power of authority. When the right economy policy are being put in place citizens efforts will be great, their hard will bring them happiness and they will save more money.  But when the government doesn't care about the economy everything you work for will look like you are not doing your best. It's really hard for people in Africa to make money through hard work, the economy is very bad and it doesn't encourages hard work. But we must be very careful with the little resources, managing it well and use it for investment that will generate you more more.

If you want your money for work, don't save it in the bank rather invest in business that will have a great return of capital.  That's how you make money, money bring money, keeping it won't help you excerpt you are saving for big investment.

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April 11, 2025, 10:31:27 AM
 #49

Making money work for you instead of always working for money comes down to building a streams of income that don’t rely on your time alone. I think, it’s not about quitting your good paying job overnight, but is all about you using the money you earn to create assets that pay you back overtime.
Whatever future wealth one is creating for themselves takes time to actualize, it doesn't appear overnight. It is through the person's diligence and endeavors into the little businesses they do that will bring the person into wealth they have been building for a long time.

Nowadays, it has become  necessary for someone to have other streams of business they could dive into to have a stable income to help them pay off family bills when they arise rather than depending on one source of income for survival

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April 11, 2025, 12:05:50 PM
 #50

Nomatter how it is being twisted, we will still work for money before you efforts of earning elsewhere and diversifying it for investment is still situated that you worked for it and it did not come free.
The sensation should better be that we should not rely on working on regular basis before we can make good earnings such as the skills or white collar jobs.
The sacrifices you make to realize the money for investment is a Worth serving as your routine regularizing your asset inputs and then determines your worth of profits.
That is why even when invested, increasing of your assets value still remains necessary because you earn basically an equivalent of what your assets values is worth.
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April 11, 2025, 12:18:20 PM
 #51

In order to become financially independent, a person must not only depend on his labor, he must think about himself up-to-date with time. There are many who want to depend only on the money he earns. They are never interested in going towards a new investment with their savings. And with all these monthly payments, it is never possible to make any big investment or become financially independent. Of course, an earner must save a part of his income. If he can save and use that money to reinvest, then he can quickly transform his money into more than several times in a short time. A person must keep his investment perspective mind. Even if he can lead a normal life with that money by working alone, nothing good can be achieved. If passive income can be combined with active income, the investor will be able to move towards his expectations in a short period of time.

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April 11, 2025, 12:32:08 PM
 #52


Very importantly………..
keep learning, it’s a mindset shift that happens gradually.

All these thoughts came to me when I read Robert Kiyosaki's book about fathers. And it turned my thinking upside down. I simply saw the whole world differently and started looking for free funds to accumulate the necessary money mass for investing. Well, the only field for investing was Forex then, because it was before 2014. And unfortunately, I did not know then how bad domestic brokers are. That they do not withdraw money to the real market but just sit and count the money that was brought to them in the hope that I will lose it. And so I lost a lot but was able to acquire knowledge on trading, which was useful to me in the world of cryptocurrencies.

 
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April 11, 2025, 01:38:42 PM
 #53


Very importantly………..
keep learning, it’s a mindset shift that happens gradually.

All these thoughts came to me when I read Robert Kiyosaki's book about fathers. And it turned my thinking upside down. I simply saw the whole world differently and started looking for free funds to accumulate the necessary money mass for investing. Well, the only field for investing was Forex then, because it was before 2014. And unfortunately, I did not know then how bad domestic brokers are. That they do not withdraw money to the real market but just sit and count the money that was brought to them in the hope that I will lose it. And so I lost a lot but was able to acquire knowledge on trading, which was useful to me in the world of cryptocurrencies.
I've been through Forex and Options too i can say that i was profitable at first but in the end i have those loses too. One time i have been told by my friend on trying out on Futures on NAS and SPX500 on which i can say that im doing that well and this is also that applicable to crypto too on which i do made out some good positions as well. It doesnt matter on which one you would be that dealing into as long you are profitable or having that good position or positive then thats what matter the most. We do have our own challenges and struggles in life in terms of financial aspect and thats why people will be going into those options on which they do know that they do have the chance or odds that they could make their life way more better. Making money work for you is something a line for those who do have that financial capability on which at the time that you do have that money then you can either deal up with investment or business on which these are the only things that you can make out such possibility if you do wanted to have that passive income on which this is the way that you do achieve out that better financial status or condition.
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April 11, 2025, 01:54:20 PM
 #54

Nomatter how it is being twisted, we will still work for money before you efforts of earning elsewhere and diversifying it for investment is still situated that you worked for it and it did not come free.
That is the foundation of everyone. Whether we like it or not, all of us need to still work for money especially those that are starting out.

But it's how we handle the money we earn and how we're going to grow it. Someone who is wise with their salary and hard earned money, they'll keep the rest and invest it to the market.

While those people who are born with silver spoon, they are free to do whatever they want with their inherited money.
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April 11, 2025, 01:54:59 PM
 #55

And to have passive income is not easy even though the amount is not much. Working every day usually we do not get a lot of money and can only cover needs and only leave a little for savings.

What you said about rich families makes sense and indeed what I see around me is that those who are rich are also born as rich people who only need to continue the company or business that is already running. Many also do it from 0, but indeed if we talk about the process then privilege is very influential in making it easier.
The process of each person is indeed very different if we look at business options because those who are born into rich families will not feel the pain of the process from the bottom to becoming the best in their class. While those who start a business from scratch must be willing to spend more time in achieving high success because that is a fact that cannot be avoided by those who are born into poor families. But I actually quite salute if there are poor people who want to fight to be successful even though they have to feel the pain of struggling from zero.

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April 11, 2025, 02:23:44 PM
 #56

Making money work for you instead of always working for money comes down to building a streams of income that don’t rely on your time alone. I think, it’s not about quitting your good paying job overnight, but is all about you using the money you earn to create assets that pay you back overtime.
The most practical way to start is by saving consistently and investing wisely, it could be in real estate, digital asset like bitcoin or even high yield savings accounts to start, the whole idea is just to get your money moving, not just moving but moving effectively.

-snip-

Investing is the main thing that a person can do to build their future finances. Whether they are an employee, professional, SME, or whoever, if they are thinking about their future finances, then they need to consider investing some of their income. They don't need to invest a lot of money to start it all, it can be done by investing their discretionary income, and choosing which assets they want—Bitcoin can be the best recommendation in that case. And then they can invest in the long term and build their portfolio for their future. It all just takes their will. If they want to do it, then it's not difficult.

R


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April 11, 2025, 02:26:04 PM
 #57

Making Money Work for you instead of you working for money.
Before you make money work for you, you first work to make money, the proverb that you mentioned is only for those who are successful in business, but you have to learn the beginning they are assembling before the money works for him.

This method we often mention the economy vs. Economy and producing the economy, so it requires a process to do that is not as easy as turning the palm of the hand, before you apply all the systems You must first understand the money itself, I mean you have to understand and have to have the money and business that you want to run to place money so that you work for you.

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April 11, 2025, 02:26:43 PM
 #58

This is a line that anyone who has read finance books must have come across, "make money work for you". That said, it is a good strategy to make money even whilst you sleep, but i don't think it is possible to achieve this in the beginning of your financial journey, at that point, you have to work really hard for money, because it is the money you work for and earn, that would eventually generate you more money and so on.

Money can only work for you when you have set up a lot of investments, businesses and when you own appreciating assets, and to do all of that you have to work and earn money first.

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April 11, 2025, 02:37:28 PM
 #59

This is a line that anyone who has read finance books must have come across, "make money work for you". That said, it is a good strategy to make money even whilst you sleep, but i don't think it is possible to achieve this in the beginning of your financial journey, at that point, you have to work really hard for money, because it is the money you work for and earn, that would eventually generate you more money and so on.

Money can only work for you when you have set up a lot of investments, businesses and when you own appreciating assets, and to do all of that you have to work and earn money first.

You have raised a very important point. Most businesses that are generating profits for their owners without their presence were not like that from the start. At the beginning the owners were always engaged in the business to ensure that everything was working. At the foundational stage, the owners have no closing period because they would have to work sometimes throughout the day.

Many business owners in my area who allow others to run new setups for them end up regretting it. Without adequate supervision and other inputs, businesses at a tender age would collapse.

R


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April 11, 2025, 03:14:50 PM
 #60

And to have passive income is not easy even though the amount is not much. Working every day usually we do not get a lot of money and can only cover needs and only leave a little for savings.

What you said about rich families makes sense and indeed what I see around me is that those who are rich are also born as rich people who only need to continue the company or business that is already running. Many also do it from 0, but indeed if we talk about the process then privilege is very influential in making it easier.
The process of each person is indeed very different if we look at business options because those who are born into rich families will not feel the pain of the process from the bottom to becoming the best in their class. While those who start a business from scratch must be willing to spend more time in achieving high success because that is a fact that cannot be avoided by those who are born into poor families. But I actually quite salute if there are poor people who want to fight to be successful even though they have to feel the pain of struggling from zero.
Now this is also important, usually people who start from 0 and they succeed, they will still be fine because they have experienced walking from the bottom and when they go bankrupt, they already have the capital on how to build a business.

And those who were born rich and are used to living in luxury, then when they go bankrupt because they cannot continue the family business, they will have difficulty because they are not used to such a situation. And many of those who have a business inheritance end up having to fall because they cannot manage it properly.
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