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Author Topic: Biggest problem now not just earning good income but where to hold wealt  (Read 295 times)
Jaweria parveen
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Today at 03:50:06 PM
 #41

This is also a problem that we can increase our investment but where to keep this investment or invest it elsewhere. If we have more investment than necessary, we can keep it in the bank and save it, and if we have a little more investment, we can build land and property with it, and if we have money in addition to that, we can do other businesses with it. Such a big investment requires a lot of hard work and after that we accumulate a lot of wealth. We have also seen some successful people who have a lot of wealth and they take the tension to keep it. Our development increases our investment and if we invest with good thinking from the beginning and invest it in a good place, then we can get out of this problem and with this we can create a much better future for our future generation.

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Today at 03:58:01 PM
 #42

Biggest problem is where and how to hold your wealth.
Not just to earn income because if you hold or put it on wrong places all your hard earned money and wealth could be gone fast.

I don't know how having a lot of money becomes a big problem when the majority of us are struggling to figure out how to earn decent money to pay the bills and put food on the table.

It's the least of the concerns. If I have a large amount of money, I will diversify it by placing it in a bank because banks offer deposit insurance. I will buy a lot and build an apartment, so I'll have a monthly income. There are a hundred ways to keep and secure your wealth. If you want to know more, ask a financial expert, and he'll tell you exactly how to secure and hold your wealth.

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Today at 05:34:41 PM
 #43

I don't know how having a lot of money becomes a big problem when the majority of us are struggling to figure out how to earn decent money to pay the bills and put food on the table.

It's the least of the concerns. If I have a large amount of money, I will diversify it by placing it in a bank because banks offer deposit insurance. I will buy a lot and build an apartment, so I'll have a monthly income. There are a hundred ways to keep and secure your wealth. If you want to know more, ask a financial expert, and he'll tell you exactly how to secure and hold your wealth.

There is nothing wrong with discussing how wealth can be preserved even when we are struggling to survive. The reason why people who get sudden wealth misuse it is that they fail to prepare, learn, or plan how to manage their wealth.

With the rate if inflation, keeping money in a fixed deposit looks like a waste. The interest from these fixed deposits might be less than the inflation rate. So the money will keep its value over the years. 

Asking a sound financial expert for advice is good for those who don't know how to invest or manage their funds.

R


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Today at 09:23:07 PM
 #44

Biggest problem is where and how to hold your wealth.
Not just to earn income because if you hold or put it on wrong places all your hard earned money and wealth could be gone fast.

I don't know how having a lot of money becomes a big problem when the majority of us are struggling to figure out how to earn decent money to pay the bills and put food on the table.

It's the least of the concerns. If I have a large amount of money, I will diversify it by placing it in a bank because banks offer deposit insurance. I will buy a lot and build an apartment, so I'll have a monthly income. There are a hundred ways to keep and secure your wealth. If you want to know more, ask a financial expert, and he'll tell you exactly how to secure and hold your wealth.

I know your perception on your struggling condition and how you see money as all solution for all problem. For me problem not only come when we don't have money, pbroblem transforming and coming on different form when we have money. Building wealth actually start from building foundation not amount of money, without strong foundation, let alone building wealth, collecting a little bit or even saving it would be impossible. Planning and budgeting our finance, cashflow management , financial discipline and risk understanding is need clear mind and health mental, people who live from paycheck to paycheck usually only think how to squezee theirself to get more money to fullfill basic need.

I suggest to start make  plan and budget and trust me everything will be cleared and at least have direction. The most important thing is a critical thingking about when a shock happen we can survive without loose everything in hand, so everything start with financial safety first. I don't know the situation in your country but it is not a fiction, my daughter and son, can build their own business with usd 10 selling mochi (japanese dessert) @30 cent / piece. Selling casually according to orders and taking part in the weekly bazaar for around 2 years, my daughter can have 3 digit saving. The point is easy to get additional income as long as we eager to move and try, now information is easy to access, some small penny business can be big if we give passion, integrity, work hard and our hope in there. Now my daughter and son start make content, they want to proove what many people say that with consisntenly they can get USD from social media.

 
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