Spending more than you earns is like eating your cake and wanting to get it back. Your growth in wealth doesn't at all based on those thoughts that yeah, I just want to make money, and be rich. If you don't stay up to work for it you would either remain the same and when you work for it and there's an inflow of incomes and you fails to invest but always spending without even saving then you're only plague to reign in a that short period of time at only when you earns.
The realization of individuals that Investing in bitcoin is a promising to secure variable great future would be a one kind of aspiration to inspire carefulness in your expenditures and that would as much help such individual to stand firmly and hopeful that the future would be bright.
Taking it seriously that no pain no gain would always remind us that we needed all those luxurious lives but the resistive ability to stay on starvation even when we can afford them in the moment pending that it would affect our financial reputable is remarkable to say is the starting point by which we've built a shield to grow in wealth as we spends and considering what would come ahead of tomorrow.
Topic: What define you is how you spend (Read 15 times)
With the current economic crisis the aim at some point for everyone is to satisfy our belly and at the same time making reserves for the future which is unknown to us. In as much as we are trying to feed ourselves with our earnings or profit from the crypto (bitcoin) investment it's very necessary to know and manage our spending habits as it's part of what changes a man's story.
Let's take a realistic example of while it's very good to know how to spend your money. Let's say I have been saving regularly from profit and I take care of the necessary things of life that as a young person has to take care of, there are occasions where you have enough resources in your reserved funds and some one might bring up and opportunity for you to acquire a life changing property but because you have been spending wisely you can acquire such property without stress or even being planned so it's more like a preparation for any given opportunity.
The consequences of not spending properly is always comes at the end. The most common scenario that has made a lot of people broke or kept them broke is the power of impression. When you try to impress people with you hard earn money you tend to find out that you over spend and at the end you only destroy yourself while the people you seemed to be impressing remains the same because they do not care about how you but only what you provide so once you go broke you then learn the hard way. Conclusively, the manner which spend will determine how far we would go in life.
Let's take a realistic example of while it's very good to know how to spend your money. Let's say I have been saving regularly from profit and I take care of the necessary things of life that as a young person has to take care of, there are occasions where you have enough resources in your reserved funds and some one might bring up and opportunity for you to acquire a life changing property but because you have been spending wisely you can acquire such property without stress or even being planned so it's more like a preparation for any given opportunity.
The consequences of not spending properly is always comes at the end. The most common scenario that has made a lot of people broke or kept them broke is the power of impression. When you try to impress people with you hard earn money you tend to find out that you over spend and at the end you only destroy yourself while the people you seemed to be impressing remains the same because they do not care about how you but only what you provide so once you go broke you then learn the hard way. Conclusively, the manner which spend will determine how far we would go in life.
Good morning everyone in this our naija local board, as a man that is aspiring to grow, live big and be wealthy, it's a very good thing to venture into this crypto space because their is a lot of money in the industry, but as an individual, if you don't control how you spend your resources, you are more likely to remain the way you are, because it doesn't matter how much you are earning, if you are spending more than what you are earning you are more likely to be hustling backward, so it's best to try as much as possible to avoid this that takes money from you, I know that as a young man in his youth, it's a normal thing to club and have some fun, but if you don't know the difference between having fun and destroying your future, you are more likely to remain in the same level year in year out.
Let's take a look at what Timaya the popular song writer said a few weeks back, he said that even as a musician, he was struggling financially while earning million of naira daily, weekly and monthly, because as at then he was doing drugs and some other things that always liquidate money from his hands, he said that it was after he sold one of his house at a cheap price, just to afford his expensive lifestyle, that's when he realized how backward he has been working, he said that everything changed the moment he started controlling his spending harbit, so in essence, why am I saying this, no matter how much you earn, if you don't control how you spend, you are more likely to remain poor even as a higher earner.
Let's take a look at what Timaya the popular song writer said a few weeks back, he said that even as a musician, he was struggling financially while earning million of naira daily, weekly and monthly, because as at then he was doing drugs and some other things that always liquidate money from his hands, he said that it was after he sold one of his house at a cheap price, just to afford his expensive lifestyle, that's when he realized how backward he has been working, he said that everything changed the moment he started controlling his spending harbit, so in essence, why am I saying this, no matter how much you earn, if you don't control how you spend, you are more likely to remain poor even as a higher earner.
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