Developing oneself economically.

[AgriTrack]

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.

Developing Oneself eonomically is  not only related to earning, it also means Improving  your standard of living, manage resources wisely take step towords long term wealth. its good to think about better opportunities and work for better standard. Economically sound means, always being capable of handling emergencies without taking loan. this is not possible without financial education i am totally agree with you. Consistently saving and Investing wisely leads towards economic growth. Financial education enable the individual to take right decision.It's not overnight success, It's a gradual process and gradual effort. It's Bittter reality to maintain a strong image in the society one has to Improve his economic and financial condition

[Woodie]

All is good until you are put in the real world, not to sound negative about this but trust me if it was so easy everyone in the world would have go their sh*T together but unfortunately other factors we dont account for is health, drug abuse or alcohol abuse and other bad habits that drive you off this road 🛣️... Otherwise not to discourage anyone but someone has to say it that not everyone crosses this bridge 🌉.

[Emeraldo]

All is good until you are put in the real world, not to sound negative about this but trust me if it was so easy everyone in the world would have go their sh*T together but unfortunately other factors we dont account for is health, drug abuse or alcohol abuse and other bad habits that drive you off this road 🛣️... Otherwise not to discourage anyone but someone has to say it that not everyone crosses this bridge 🌉.

Is there any one way for you to develop yourself if not through building skills that will worth more for you when you are done.
In this economy age, you need to have different skills for to survive and make better plans for yourself. This also includes those that are earning big salary from their respective jobs. Business and investment are ways anybody can get to that level of financial stability.

Hard work pays but smart work is what pays faster and better. Quit that job that is life threatening to you and feel a breath of life again to start something that will give you enough rest and make sure you develop yourself by improving and adding better skills to the ones you have for bigger and better opportunities. Opportunity might be at your door step but because you are not prepared and don't have the skill for you to be employed or get business deals, that alone can be worse than a nightmare.

[JimaGod]

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.

Investment does not have to be in real estate and cryptocurrencies only right ?
There are several other investment options we can target but what should matter is that, we are investing and investing rightly.

Gaining financial independence and stability is a very heavy task that needs a lot of dedication and commitment to achieve it and just as my friendly will always say that, “making money isn’t easy but what’s harder is maintaining the money when you finally get them,

[jems]

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.

Developing Oneself eonomically is  not only related to earning, it also means Improving  your standard of living, manage resources wisely take step towords long term wealth. its good to think about better opportunities and work for better standard. Economically sound means, always being capable of handling emergencies without taking loan. this is not possible without financial education i am totally agree with you. Consistently saving and Investing wisely leads towards economic growth. Financial education enable the individual to take right decision.It's not overnight success, It's a gradual process and gradual effort. It's Bittter reality to maintain a strong image in the society one has to Improve his economic and financial condition

Everything must start with a strong economy, when we have economic stability, stable income and investments for the future that are all well organized then other self-development will lead to positive things and also grow, I do not deny that so basically we need to work hard to be able to earn a lot of income and learn to manage money because in the realistic world everything needs money.

[BlackBaron]

These are good points for building our economy, but in practice, it's not easy to implement, as there are many factors that complicate things when building our own economy.

We also need to be consistent in doing so, and remember, it will take a very long time, so it requires patience. Another problem is that sometimes we're not very patient, and sometimes we feel like we can never move on from what we're doing. All of this requires a process, and the process won't be easy. It also requires mental fortitude to remain sane when facing negative events.

[Judith87403]

Everything must start with a strong economy, when we have economic stability, stable income and investments for the future that are all well organized then other self-development will lead to positive things and also grow, I do not deny that so basically we need to work hard to be able to earn a lot of income and learn to manage money because in the realistic world everything needs money.

I agree with you on this. In a situation whereby an individual is earning consistently, adequately managing their finances and planning for their future, then life becomes a lot more easier for the individual to navigate, and there’s also a natural improvement in other areas of his life. But when you take a look at the broader picture, you’ll notice that it’s slightly deeper. Having money can potentially create more opportunities for someone but it’s never a guarantee of success or progress. When it comes to financial stability, the most crucial and useful thing is the mindset behind it, we also have self control, there’s also discipline and then wise decision making.

[el kaka22]

Long term trust in your investment and not selling out quickly whenever you are scared is the first step to make some good money. Many people end up failing at that part but the reality is that if you keep selling whenever things go down like right now, you will end up losing.

We are going to keep going down all the way until next years october, where we will hit the bottom, and after that it will slowly start to go up. Selling right now will not help, but keep buying until next year and that means you have literally 11 months until you can stop, and you should be able to invest a lot of money for 11 months and do fine, if you can do that then the result will be great, you will have bunch of money invested, then the rest is just waiting for profit.

[henmark]

I would say career and skills development is a very important part here and should be listed on the top. Once we gain required educational degree or skills, we can be more financially stable because we will be able to find a good paying job which will pay our bills at the end of every month. After getting a job, we can spare some time in building an offline or online business which can run on auto-pilot so we can get a stable income there. Later comes investment part.

Investments can never be started off first because we need to build some wealth first so we can start savings. Investments can be treated as a long term goal because expecting short term profits will only make it a riskier choice. Investments can be used to secure our future but for the present, a good paying job and a auto-pilot business will do just fine.

[tabas]

It takes a lot not just money but also time, effort, sacrifices for one to build an investment wealth and income generation. While those who have got jobs have already their way to generate income, if that's not enough in today's time. They need to make sure that they'll build another source of income out of their salaries and that's through investing and or making another business that could make them sums of money. What these people do is they are testing the waters and when their side hustle gives more profit than their salary, they leave the job and focuses on that new business they have which later on scales because they have now more time to do it.

[Bitcoin Maxi]

Building yourself economically is a process, it requires time and consistent efforts that pave way for substantial profits.  While financial education, investment knowledge and skills development are crucial for a successful outcome, but we all know not everyone has enough resources to make them possible. But with basic knowledge and good perspective in managing a business or investment, any person will progress economically not because he is well educated but because he fits well on his chosen career or business.

We all have different strategies on how to improve economically, and as long as quitting is never our option, we will surely rise and become successful in the future. 

I totally agree with you . Developing oneself economically involves a whole lot . Consistency is Key. Also, I think acquiring skills and knowledge about financial stability is utmost

[Prosofina_G]

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.

Is there anything like luck?
For me there is nothing like luck, because in every opportunity stand a prepared person to fit in to that career, so opportunities stand with a prepared person.
Pardon me to say luck is never a factor for opportunity.

[Oluwa-btc]

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.

That's right  self development matters and sure pays when you're economically developed. And the areas you've pointed out thus help and that's why it's needed that one multitask to generate more income to balance their financial status. So one can really develop oneself by grabbing a lot of  opportunities inorder to generate wealth, so apart from this you need to trust the process  and be  consistent in their dealings.

[allthebitandbobs]

These are good points for building our economy, but in practice, it's not easy to implement, as there are many factors that complicate things when building our own economy.

We also need to be consistent in doing so, and remember, it will take a very long time, so it requires patience. Another problem is that sometimes we're not very patient, and sometimes we feel like we can never move on from what we're doing. All of this requires a process, and the process won't be easy. It also requires mental fortitude to remain sane when facing negative events.

It is very easy to read but when it comes to real life, we usually ignore such things and prefer enjoying our present without actually thinking about the future. A future oriented person will always be prepared and he/she will follow all the above mentioned things to be successful ahead but someone who just loves having fun will spend his days partying or enjoying with his/her friends and will regret once they start having financial burden.

Consistency is the key. Most people will be tired doing the same thing and they will easily be distracted which will break the chain and they will have to start from scratch in order to be financial stable.

[Asiska02]

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.

Luck shouldn’t be undermined for sure, but we should try as much as possible to still have the basic knowledge and skills required to succeed economically. When you have all those at your discretion, it becomes easier for when luck arrives to elevate you faster and better. Education is very important in any sector you find yourself in life, not having one may limit your success rate even in places that you have the best of connections. I’m actually talking from experience, but then, pray to have both because when you do, you’ll understand the importance of them and how your life will improve economically.

[Jody.Drummer]

Everything must start with a strong economy, when we have economic stability, stable income and investments for the future that are all well organized then other self-development will lead to positive things and also grow, I do not deny that so basically we need to work hard to be able to earn a lot of income and learn to manage money because in the realistic world everything needs money.

I agree with you on this. In a situation whereby an individual is earning consistently, adequately managing their finances and planning for their future, then life becomes a lot more easier for the individual to navigate, and there’s also a natural improvement in other areas of his life. But when you take a look at the broader picture, you’ll notice that it’s slightly deeper. Having money can potentially create more opportunities for someone but it’s never a guarantee of success or progress. When it comes to financial stability, the most crucial and useful thing is the mindset behind it, we also have self control, there’s also discipline and then wise decision making.

People who have a good income and are consistent in managing their money well, also by thinking about their future, in my opinion are wise people because they live a good life where they pay attention to things that must be lived and that must be prepared. We can see many people who have worked and have income but not all people who have worked and have income can manage their finances well or think about their future, sometimes there are those who only think about their lifestyle or bad money management and people like this will have difficulty developing themselves, in contrast to those who can manage their finances well and think about their future, perhaps they are better in their mindset by not wasting money on things that are actually unnecessary because it is better to save it for the future that must be prepared.

[capokmerah]

Economic development is one of the keys to a better life. But unfortunately, not everyone is fortunate enough to develop their economy properly. Many factors influence economic development, one of which is the environment or location where the economy is developed. We can see a significant difference between economic development in urban and rural areas.
In urban areas, everything seems to be readily available, but in rural areas, everything is difficult, so not everyone has the same opportunities or abilities. Even those with education face difficulties. Nevertheless, everyone deserves to fight for all opportunities, even though they each have their own challenges.

[As-Soon-As]

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.

Every one of the reasons you mentioned is correct, and for some people, taking risks and applying strategies can also create success in life. Taking risks is the first step in a person's life, taking risks is very logical when doing anything. Because if you don't take risks, you will never be successful, if we talk about investing here, then taking risks is definitely the most important.

[Pablo-wood]

All is good until you are put in the real world, not to sound negative about this but trust me if it was so easy everyone in the world would have go their sh*T together but unfortunately other factors we dont account for is health, drug abuse or alcohol abuse and other bad habits that drive you off this road 🛣️... Otherwise not to discourage anyone but someone has to say it that not everyone crosses this bridge 🌉.

I think that is where determination, persistent and courage comes in to play. Everyone might not cross the bridge because of their own decisions not because they wouldn't have if they were keen towards their goal.

As for health factors as far we can walk, talk, sleep and think then I don't see any other health challenges as limitations. Those can be managed with the.proceeds gotten from our acquired skills.

[jcojci]

All is good until you are put in the real world, not to sound negative about this but trust me if it was so easy everyone in the world would have go their sh*T together but unfortunately other factors we dont account for is health, drug abuse or alcohol abuse and other bad habits that drive you off this road 🛣️... Otherwise not to discourage anyone but someone has to say it that not everyone crosses this bridge 🌉.

I think that is where determination, persistent and courage comes in to play. Everyone might not cross the bridge because of their own decisions not because they wouldn't have if they were keen towards their goal.

As for health factors as far we can walk, talk, sleep and think then I don't see any other health challenges as limitations. Those can be managed with the.proceeds gotten from our acquired skills.

Everything will have a process so we need to go through it. No need to rush, go slowly but surely. If we have determination, persistence and courage, we should believe we can achieve our goals.

We need to improve ourselves to have a better life. Not just financially but also for ourselves. All of that needs more things such as knowledge, effort, and will.

That will affect our careers and skill development so we will have more sources of income, investment, and financial.