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Author Topic: Developing oneself economically.  (Read 1135 times)
yslyv
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November 15, 2025, 06:56:46 PM
 #21

For some people this is quite easy, while for others it can be very difficult. Luck is also part of it.
No matter how good your investment is... if you don’t make it at the right time, you might not get good results at the end.

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November 15, 2025, 08:50:40 PM
 #22

Working hard on any boring job, is ok and understandable if you are making enough money. Because that means you will have some money leftover and you can invest that into your investment account and soon enough you will be able to retire. I have met with lawyers, a boring job, who retired at age 5, only because they were smart enough to invest carefully. One of them is my closest friends big brother, he is around 45-6 years old right now if I am not wrong, and been retired for nearly a year now.

What did he do? He worked hard, got a lot of cases, literally got all cases he could possibly could, and in return, he used that money to buy homes, and he is doing much better now. If you do that then you will do better. Learn to invest with your money, and the future is bright.

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November 15, 2025, 09:27:36 PM
 #23

If you aim to develop yourself economically, there's always options, you can go for a highly detailed process or just go straight to your goal which is to become rich and well off. For me, being knowledgeable and skillful can be learned throughout the process, but being wise and creative, that's your asset to gain big difference from others.

You don't have to be professional in all aspects just to develop yourself economically. What you need is real motivation and clear goal understanding so that you can easily avoid the barriers in reaching your greatest goal.

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November 15, 2025, 09:45:32 PM
 #24

Building anything is continuous gradual growth which requires consistency and discipline. Personal economic development is something that doesn't show results quickly, but gradually and that makes sense because when you look at the starting point of one's labour on building, you'll know how to spend and when to. That is why there is always a difference between someone who woke up with a silver spoon in his both hands and one who hand no spoon, but learnt how to create his own. The process of self economic development build an inward creativity, which will always pave a way no matter what.

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November 15, 2025, 10:08:35 PM
 #25

Developing oneself economically is a lot more to talk about and it all depends on improving financially and creating a suitable environment for learning no one knows it all. Failing to learn and claiming to know it all is a silent killer investing our time and resources on learning new skills is important presently people earn from the skills they have acquired when we look around there alot of skills that one can earn very well from nevertheless we should always remember to manage our resources wisely
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November 15, 2025, 10:32:26 PM
 #26

Actually building your self economicaàlly is a very big task, and it has to do with total submission either skills or educationally, it is not a day goals to acquire financial stability, there are so many things to look at before standing out as someone who has developed economical.

1. INCOME GENERATION
2. INVESTMENT/WEALTH BUILDING
3. FINANCIAL EDUCATION
4. CAREER AND SKILLS DEVELOPMENT

With the above mentioned categories you can be able to develop economically balance status.
Take for instance the INCOME GENERATION, this is a process of setting series of businesses in other to grow balancing.

INVESTMENT WEALTH BUILDING: this is a process of investing in real estate and crypto, in balancing economically.


I personally prefer the first point, because I believe the most important thing is to have a substantial income, whether working or seeking additional income.

Now that we're working and earning a substantial income, don't just live with it. What we need to do is figure out how to make the remaining money earn more. This can be done through business or other means, and don't forget to consider everything, because everything has risks. I want to be able to find a job with a substantial monthly salary, but I realize that depends on our own skills.

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November 15, 2025, 10:46:57 PM
 #27

What suits me more better is when a system is created that brings more money even when the owner is sleeping, that's the highest form of financial development I've ever seen, it gives you peace of mind and lets you have enough freedom to leave the life you want while money keeps dropping in your account daily.



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November 15, 2025, 10:53:22 PM
 #28

Having financial education is an important thing for an investor. Who do not have sufficient financial education, even if they have money, will not be able to manage that money properly. Even if they have money, they will not be able to earn money from that money. It is important to know where to invest, where to waste money, where there is a chance to make profit. Moreover, if you invest for income along with investment-related knowledge, then that wealth can grow rapidly.

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November 15, 2025, 11:43:57 PM
Last edit: November 17, 2025, 06:32:33 PM by AmoreJaz
 #29

What suits me more better is when a system is created that brings more money even when the owner is sleeping, that's the highest form of financial development I've ever seen, it gives you peace of mind and lets you have enough freedom to leave the life you want while money keeps dropping in your account daily.

It is always best not to rely from someone else when you want to improve your economic status in life. So start assessing yourself how can you generate income from other side hustles. Because like it or not, at the end of the day, you will be the one responsible to your way of living and how you want it to be. There will be others like government who will provide some assistance, but the work still depends on you. No one will provide all your needs in a lifetime. Do remember that. Even government has their own problems to address. And if you are a responsible citizen, you will do your duties to at least support yourself and not be a burden of the society. Otherwise, you are not in your right mind, blaming the government for what you have in life.

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November 15, 2025, 11:55:10 PM
 #30

For some people this is quite easy, while for others it can be very difficult. Luck is also part of it.
No matter how good your investment is... if you don’t make it at the right time, you might not get good results at the end.
There are three things that people looking to invest generally need to consider: the first is the right asset, one that truly has added value in the eyes of the public and has long been trusted as a better investment. The second is the right conditions. As you said, investors must also be able to identify the right situation to capitalize on for investment. And the third is praying that God will grant us greater luck in the work we have been doing, including the investment work we discussed earlier.

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November 16, 2025, 03:31:00 AM
 #31

Having financial education is an important thing for an investor. Who do not have sufficient financial education, even if they have money, will not be able to manage that money properly. Even if they have money, they will not be able to earn money from that money. It is important to know where to invest, where to waste money, where there is a chance to make profit. Moreover, if you invest for income along with investment-related knowledge, then that wealth can grow rapidly.
Many people think that only having money can make you successful by investing but in reality, without financial knowledge, that money becomes a burden because in fact, investment is not just about chasing profits. With this we also need to understand the risks and make the right decisions according to the behavior of the market and our own capabilities. Then we need to develop the habit of learning regularly where to invest and which sectors are better not to go into and which places have the potential for future profits.

In addition to this, we should not only save but also create income-generating assets because even if we start small and we continuously increase our knowledge and move forward according to plan then the growth rate of assets will really increase and eventually both the economy and investment will reach a point where our progress is certain.
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November 16, 2025, 09:28:32 AM
 #32

Actually building your self economicaàlly is a very big task, and it has to do with total submission either skills or educationally, it is not a day goals to acquire financial stability, there are so many things to look at before standing out as someone who has developed economical.

1. INCOME GENERATION
2. INVESTMENT/WEALTH BUILDING
3. FINANCIAL EDUCATION
4. CAREER AND SKILLS DEVELOPMENT

With the above mentioned categories you can be able to develop economically balance status.
Take for instance the INCOME GENERATION, this is a process of setting series of businesses in other to grow balancing.

INVESTMENT WEALTH BUILDING: this is a process of investing in real estate and crypto, in balancing economically.


The route that most people take to bettering themselves is through education, which is primarily via colleges and universities. However in the current age we have an almost limitless wealth of information available to us through the internet and most people can teach themselves anything online these days. Income tends to stem from what you know, learn and apply - but you must try to get beyond a purely basic manual job if you are doing low paid labor like being a checkout assistant in a supermarket, as there is very little room for wage growth there.

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November 16, 2025, 02:05:12 PM
 #33

It is a long process also need to be assisted with some luck to become successful in finance but unfortunately not everyone get that luck, no matter how hard they try they will always end up where they started.
One thing about business is faith and how capable you could handle a business, going into a business should be something you know very well than just venturing into what you don't know how to run it or manage it.
Going into business connotes that one should be patient to run it through thick and thin because we can't expect to venture into business today and expect it to grow like an ocean

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November 16, 2025, 02:20:28 PM
 #34

It is a long process also need to be assisted with some luck to become successful in finance but unfortunately not everyone get that luck, no matter how hard they try they will always end up where they started.
One thing about business is faith and how capable you could handle a business, going into a business should be something you know very well than just venturing into what you don't know how to run it or manage it.
Going into business connotes that one should be patient to run it through thick and thin because we can't expect to venture into business today and expect it to grow like an ocean
Every business person should knwo that before going into any business the first thing after getting the capital is to get experience before choosing the location of where you will establish your business, any business you establish without knowing what you are doing you will end up running at loss because it takes the experience you have to understand how to run your business and gather customers that will always visit you to patronize you in your business. A good business person knows that in business you don't expect it to boom after the establishment you watch it grow gradually and you have patience while it is growing but if you expect to start making profit immediately after starting the business then you are not a good business person.

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November 16, 2025, 02:25:02 PM
 #35

~
Going into business connotes that one should be patient to run it through thick and thin because we can't expect to venture into business today and expect it to grow like an ocean

Never giving up is a good attitude but be careful when you apply for a business because each failed attempt will take your wealth away or increase your debt. To state the fact even the most successful businessmen too had failed business so failing is okay and selling them could be a good choice in certain times rather than keep on continuing with loss making.

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November 16, 2025, 02:36:32 PM
 #36

One thing about business is faith and how capable you could handle a business, going into a business should be something you know very well than just venturing into what you don't know how to run it or manage it.
Going into business connotes that one should be patient to run it through thick and thin because we can't expect to venture into business today and expect it to grow like an ocean
I don't agree with faith in business, instead I see patience as the main thing unless thats what you meant, another thing is what you have mentioned already which is having knowledge of the business you intend going into before starting it, some people have been victim of going into business they know nothing about and at the end they fail, I think generally anything that got to do with business or investment generally has to be something we have a little knowledge about so that we don't mess up, as for anyone expecting quick profit in any business, it will be better such person doesn't start in the first place because business has stages, the stage of gathering customers because how original your goods and services are, how you treat your customers and how urgent your good and services are needed in your environment, these aforementioned grows overtime not immediately.


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November 16, 2025, 02:54:37 PM
 #37

For some, it only takes good courage and smart decisions and strategies in life to make economically successful. You don't have to be well-skilled and highly educated financially and physically, but just clear goals and objectives in life.
of course you have to be well skilled in life
a lot of people have dreams, high dreams
but the truth is if you have no skills you can’t reach anything

thankfully skills can be learned so if you don’t have skills
better start getting them
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November 16, 2025, 04:07:01 PM
Merited by Hazink (2)
 #38

For some, it only takes good courage and smart decisions and strategies in life to make economically successful. You don't have to be well-skilled and highly educated financially and physically, but just clear goals and objectives in life.

Luck is also a big factor. If you don't have that luck and get the best opportunities in life, life will still be seen struggling economically.
All highlighted are the keywords that ignites economical breakthroughs.
Smart mindsets sets vision and knowing that nothing good comes easy, it would require courage to face and tackle the challenges involved in other to penetrate and secure a portion in the economy World of which is dynamic.

Afterwards, strategies of how you can stepup the goal to be achieved will be in the essence while consistent thriving is always the master key because sometimes, the more you keep trying and seemly not getting it right rather, the results to your breakthrough is usually almost, consistency could give more advanced ideals and energy to bring you the success at last.

Wisdom and knowledge is far better than physically fitness and batching educational degrees.
I have read lot of books where uneducated gains firms and employs even first class degree holders.

Have also come across ones in the wheelchairs being the boss employing those physically fit and skilled.











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November 16, 2025, 04:25:27 PM
 #39

Luck is also a big factor. If you don't have that luck and get the best opportunities in life, life will still be seen struggling economically.
I have never seen hardworking people fail, as luck would have it. Most of those who are honest and hardworking, do their work with great dedication and focus, are successful. Only those who lack effort blame luck. To be financially successful, we have to work hard mentally and physically and persevere.
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November 16, 2025, 04:57:21 PM
 #40

1. INCOME GENERATION
2. INVESTMENT/WEALTH BUILDING
3. FINANCIAL EDUCATION
4. CAREER AND SKILLS DEVELOPMENT

I would say that the main foundations of achieving wealth are income, investing, education &  skills. It is not enough to just sit around &  do nothin to make money. it is important to have a mix of side hustles &  active income. Investing in other sectors beyond crypto or real estate can also lead to long term success. If you have a good financial quotient, you can make smarter decisions about risk, tax &  return, this is essential. Another thing is that if you can acquire skills, it’s like investing in yourself. Achieving a good skill is earning more

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..PLAY NOW..
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