JaanusRaim (OP)
Member


Activity: 421
Merit: 40
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Today at 02:11:18 AM |
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I have a hypothesis that most people have financial problems because they consider wealth to be the most important thing in life and attach too much importance to it. This creates a cramp that prevents rational action. Sometimes, such people tend to swing from one extreme to the other, claiming that wealth is not important at all. One thing is certain: very few view wealth as just one equally vital element among many others (like a single organ of the body). To claim that wealth is the most important thing in life (or that it is not important at all) is just as foolish as claiming that the liver is the most important organ (or that the liver is not important at all) 
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Stive009
Jr. Member

Activity: 81
Merit: 7
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Today at 07:56:58 AM |
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I have a hypothesis that most people have financial problems because they consider wealth to be the most important thing in life and attach too much importance to it. This creates a cramp that prevents rational action. Sometimes, such people tend to swing from one extreme to the other, claiming that wealth is not important at all. One thing is certain: very few view wealth as just one equally vital element among many others (like a single organ of the body). To claim that wealth is the most important thing in life (or that it is not important at all) is just as foolish as claiming that the liver is the most important organ (or that the liver is not important at all)  When someone makes money the only goal in life their natural logic stops working. They think that they have to earn money at any cost. What are the consequences of this? People fall into FOMO take unnecessary risks without understanding pour money into scams and even start investing blindly forgetting about the basic needs of life and the peace of their family. Because they have nothing greater than wealth.There is another group of people who after making the wrong decision and getting caught in the market or failing in life go to the opposite pole. They start saying what to do with money? Money is the main source of all suffering, mental peace is more important than money. This is also extremely stupid. Because in real life, when you need medical treatment for yourself or your family have to pay for your children's education, or think about your old age we all know how cruel the lack of money can be. In the face of scarcity, you cannot get through the day with emotional comfort.You said this beautifully. Which is the most important organ? The liver or the heart or the brain? Can life go on without one or the other? Never. Just as if one organ is damaged the whole body becomes immobile, similarly life without wealth will come to a standstill. Again if there is only money but the body is the last there is no relationship in the family there is no peace in the mind, that life is also meaningless.Money or wealth should actually be seen as a blood circulation. Just as blood itself is not an organ but acts as a fuel to keep the rest of the body's organs alive, similarly money keeps our life active and is a powerful tool to escape from danger and gain freedom over time.Wealth is not a final destination, it is just a way to live life beautifully. If you make it bigger than life, greed will come and destroy life, and if you consider it insignificant, you will have to suffer in the tug of war of real life.
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KeenanEl19
Member


Activity: 462
Merit: 45
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Today at 11:28:33 AM |
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I have a hypothesis that most people have financial problems because they consider wealth to be the most important thing in life and attach too much importance to it. This creates a cramp that prevents rational action. Sometimes, such people tend to swing from one extreme to the other, claiming that wealth is not important at all. One thing is certain: very few view wealth as just one equally vital element among many others (like a single organ of the body). To claim that wealth is the most important thing in life (or that it is not important at all) is just as foolish as claiming that the liver is the most important organ (or that the liver is not important at all)  I don't really understand what you mean, so whether wealth is important or not in your opinion. The first thing I think is wealth is one of the achievements that most people want to work or not, it is important not important I think it depends on the mindset of each person but consider it important what does it mean is a bad thing?. Many of us work hard to earn money and it is either to survive or to become rich, but it seems like those who work hard are most likely just to survive while to achieve wealth it is not only with hard work because it must also be able to work smart even though there are some successful people say it is all achieved because of hard work but there is definitely a side of smart work that it does.
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Marvelockg
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Today at 11:45:02 AM |
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To claim that wealth is the most important thing in life (or that it is not important at all) is just as foolish as claiming that the liver is the most important organ (or that the liver is not important at all)
Being wealthy is important in so many ways and you can not fault those that see things that way because money literally runs the world. as long as the earth is concerned, money comes first before every other thing because with it, you can literally sort out all the other needs and wants. if you have money, you might not value how important money is until you are at a state of lack and discover that you are literally nothing without money. In all your getting, ensure that you don't lack money as much as you want to also ensure that you are sound in health and mind. it is even possible to treat health challenges with money but without money, your health challenge can even become worse. even the person you marry, the place you live in, the relationship you build and how you are seen in the society can still be traced down to the relevance of money in such cases.
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As-Soon-As
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Today at 12:08:26 PM |
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Look, if I consider one thing, money is one of the most important assets in human life, because this money fulfills almost all your needs except physical. Even if your body parts are sick, you need this money, spending on medical treatment is one of the basic needs. But if you use this money to invest in Bitcoin, then of course people give it the utmost importance, so that their Bitcoin investment does not face any danger in the future. When a person invests in Bitcoin with the intention of holding it in the future, it is natural that the person must follow a strategy. So you cannot blame them for giving importance to Bitcoin holding.
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citywise2
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Today at 01:17:29 PM |
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I have a hypothesis that most people have financial problems because they consider wealth to be the most important thing in life and attach too much importance to it. This creates a cramp that prevents rational action. Sometimes, such people tend to swing from one extreme to the other, claiming that wealth is not important at all. One thing is certain: very few view wealth as just one equally vital element among many others (like a single organ of the body). To claim that wealth is the most important thing in life (or that it is not important at all) is just as foolish as claiming that the liver is the most important organ (or that the liver is not important at all)  I noticed something from your write up - you tried to put money in the place of wealth and I think that's a mistake. One thing for sure is that money is a subset of wealth, you can make money without being wealthy but once you are wealthy, you must have money, knowledge, wisdom and power. Wealth is unavoidably important to live a fulfilled life, but money can buy you bed but you need peace of mind to be able to sleep.
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Dr.Bitcoin_Strange
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Today at 03:35:24 PM |
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I have a hypothesis that most people have financial problems because they consider wealth to be the most important thing in life and attach too much importance to it. To claim that wealth is the most important thing in life (or that it is not important at all) is just as foolish as claiming that the liver is the most important organ (or that the liver is not important at all)  Where are the data analyses or research that back up this hypothesis? I don't see any, and I also don't agree with your view. The reasons why some people have financial problems include: (1) economic challenges, (2) overspending on unnecessary things, a lack of financial management skills or financial discipline, (3) low income combined with too many responsibilities to handle, and (4) an inability to chase the bag. You know that some people have dreams and goals, but they don't have the ability or opportunity to pursue them. Someone who considers wealth important would likely pursue their dreams and make sure they create wealth for themselves. So, I don't think the reason most people have financial problems is because they consider wealth the most important thing. The problem is usually the individual circumstances and, sometimes, the challenges surrounding them. For example, a wealthy person can own assets that generate income for them without having to constantly work for it. If they had never considered wealth important, they might not have acquired those assets and would instead need to work their entire lives living paycheck to paycheck. The last example you gave is kinda weird, I don't personally see any reason not to consider wealth as a very important thing, why do I even have to consider it less important when I won't remain young for ever, a time will come when I would have to retire and live on the assets I have acquired.
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Marykeller
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Today at 03:59:41 PM |
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I have a hypothesis that most people have financial problems because they consider wealth to be the most important thing in life and attach too much importance to it. This creates a cramp that prevents rational action. Sometimes, such people tend to swing from one extreme to the other, claiming that wealth is not important at all. One thing is certain: very few view wealth as just one equally vital element among many others (like a single organ of the body). To claim that wealth is the most important thing in life (or that it is not important at all) is just as foolish as claiming that the liver is the most important organ (or that the liver is not important at all)  We say that after God, money comes next. That's exactly what millions of people worship and strive hard for, morning and night, to make sure they get it. It would be unfortunate if any of us lived all our days on earth and remained broke all through. God forbids!! One who is poor will give the narration that money is not important, whereas it is money they work hard for, to take care of themselves and their families. If I am not mistaken, with money in someone's pocket, they can confidently solve many of their problems that will arise. As many people would have it, money is a shield to them
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aoluain
Legendary
Online
Activity: 3066
Merit: 1728
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Today at 04:38:24 PM |
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I'm not sure what the OP is getting at or that I dont understand the point. I have a hypothesis that most people have financial problems because they consider wealth to be the most important thing in life and attach too much importance to it.
People with money problems generally over extend their spending and/or their borrowing. Meaning they spend all or more then they earn and have to borrow to compensate then struggle to pay back the loan . . . because they prioritise spending over saving and/or paying back the loan, it can generally turn into a vicious circle. There are a occasions where people in financial trouble cannot access low or normal interest rate loans and resort to high interest rate loans which compounds their issues over time.
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Callido
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Today at 07:22:35 PM |
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I have a hypothesis that most people have financial problems because they consider wealth to be the most important thing in life and attach too much importance to it. This creates a cramp that prevents rational action.
If you don't want to be wealthy, that is completely on you, me and many others takes wealth to be among the best achievement in life, having money is not enough if one can make good riches, i won't settle for an average living while wealth can be made. Money shouldn't lead you to do evil, aside that point, everything else should be included. Wealth gives you prestige, wealth puts you in a position of 1 out of a million, wealth is what most people chase throughout their stay on earth, and you think it is not of great importance, money contributes to about 90% of our daily prayers, what happens to having it in excess.
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BABY SHOES
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Today at 07:56:24 PM |
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This topic is not exactly on the speculation board. If you don't want to be wealthy, that is completely on you, me and many others takes wealth to be among the best achievement in life, having money is not enough if one can make good riches, i won't settle for an average living while wealth can be made.
Who doesn't want to be rich? With rich you can be considered a successful person, in the view of many people, appreciated, even respected... set even though you are already rich you still continue to want to add to it? Man has no sense of satisfaction. Money shouldn't lead you to do evil, aside that point, everything else should be included. Wealth gives you prestige, wealth puts you in a position of 1 out of a million, wealth is what most people chase throughout their stay on earth, and you think it is not of great importance, money contributes to about 90% of our daily prayers, what happens to having it in excess.
You can do evil and good, depending on how you control it, yeah... wealth race number 1, you can see Elon Musk he continues to add to his wealth. His wealth is equivalent to the GDP of several countries.
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