Financial stability | Bitcointalksearch.org

bitterguy28

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Quote from: BADecker on December 12, 2023, 11:54:22 AM

When the people who work for the $billionaire stop working for him, he fails. Why? He doesn't have enough practical experience doing things for himself to know how to do them... because he has had others do the things for him.

in a way this is true but also billionaires hire people because they are too busy to do everything they have to do all at once. some people who had started as poor climbed their way up and so they have learned how to do practical things and was able to develop skills before they atarted their company and became successful

of course rich people who were born into wealth is a different story because mostly they are the ones who can not do whatever it is that is needed to do i know so many rich people who are too dependent on their money and you know they can never survive a day without it even the simple life tasks like laundry is given for other people to do

i am glad that i at least had to fight my way through life so i am not left clueless

MissNonFall9

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I think the issue of financial stability and instability should be political in this thread and I expressed my opinion as such. I hope you don't need to explain how important financial stability is. Financial stability is very important for every life and this financial stability depends on the political situation. That is when political instability prevails economic stability is destroyed. Half the stability is lost when the ruling political parties are busy pursuing their interests and moving money out of the country illegally. Again when syndicates are formed within the country and they are not managed properly then financial instability is created.

|MINER|

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Life without financial stability is very difficult. At present, if the financial situation is bad, survival in the world is becoming a kind of curse. Those who work in very high positions are also able to live a decent life. But low income people are living a very difficult life. Its first victims are the middle class families. That's why everyone now needs to connect with a business along with their main job and boost their creativity. It is necessary to invest money in any business or good.

Franctoshi

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Quote from: Peter Faith on November 02, 2023, 05:01:52 PM

Absolutely nothing! So have come to a conclusion that one need to double up your hustle aside the normal government or private work ...add a trade ...learn hand work or something that will make you to be stable in your finances.

Actually, nothing works without money and when I did realize the need to learn a skill was right from when I was in the University during my second year period, I told myself I'm not going to depend on the government to survive, then that exactly the year I embarked on my forex trading journey and later graduates into trading Bitcoin and other cryptocurrencies, bonds and synthetic indices.

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Quote from: Peter Faith on November 02, 2023, 05:01:52 PM

In this present age and time the most important thing is to be stable in finance...even the Bible says according to the christians that money answerth all things..come to think of it is there anything you can successfully carry out without the involvement of finance ? Absolutely nothing! So have come to a conclusion that one need to double up your hustle aside the normal government or private work ...add a trade ...learn hand work or something that will make you to be stable in your finances.

Though everyone believes that financial stability comes with great hardwork but such hardwork has to come with direction, if a man hustle without direction he won't be successful, this life for people that understands the principles, hustling to me does not guarantee success, there are many people out their that has done different thing that is suppose to uplift them financially but they are still at that same level.
OP, I think you would have stated how someone can double his or her hustle meet up with this economic situation, the current problem of our society at large today is the ability to understand the concept of life.

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Quote from: BADecker on December 12, 2023, 11:54:22 AM

When the people who work for the $billionaire stop working for him, he fails. Why? He doesn't have enough practical experience doing things for himself to know how to do them... because he has had others do the things for him.

Cool

Reality check, they don't quit because they need money for survival so the rich get to richer and it goes on forever unless the billionaire himself sets him to lose all money on something that has a success rate of 100% being a failure.

BADecker

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Quote from: jrrsparkles on November 09, 2023, 12:41:33 PM

Quote from: BADecker on November 09, 2023, 11:15:31 AM

~

The major problem with your money ideals is, there isn't enough money to buy happiness... or life. Look at George Soros for example. He has $billions. But he isn't happy; you can see it in the way he stresses over world conditions he can't control. And he certainly isn't getting any younger.

The only way a person can have happiness and life is to believe in forgiveness of mistakes made. And the only place that clearly tells about forgiveness is the Bible, and other writings that rely on the Bible for their messages. Why? Because the Bible is the foundation place that shows God's salvation for people through the God-man, Jesus Christ.

Forgiven 'sins' and mistakes brings happiness and the promise of eternal life by the Guy Who doesn't lie... God, Himself, through Jesus Christ, the Messiah promised at the Beginning, to Adam and Eve when they sinned.

If he isn't happy with even billions then ask him to send out 10 million and ask he feels lighter now?

No, the billionaire will stop making money even if the value of their assets is in billions and they can't even spend all their money due to the limited availability of life then why still they're making money?

And forgiveness, peace, blah blah ideologies are created by incompetent men who can't make such crazy money but convinces themselves by keep repeating bullshit ideologies to others.

Forgiveness and peace ideologies are promoted by God through the Bible. There are more copies of the published than any other book... at least twice as many as the next most popular book.

Ecclesiastes 5:10 from the Bible: "Whoever loves money never has enough; whoever loves wealth is never satisfied with their income. This too is meaningless" - https://biblehub.com/ecclesiastes/5-10.htm. So, the Bible is practical about money matters.

When the people who work for the $billionaire stop working for him, he fails. Why? He doesn't have enough practical experience doing things for himself to know how to do them... because he has had others do the things for him.

Cool

Y3shot

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Quote from: Peter Faith on November 02, 2023, 05:01:52 PM

In this present age and time the most important thing is to be stable in finance...even the Bible says according to the christians that money answerth all things..come to think of it is there anything you can successfully carry out without the involvement of finance ? Absolutely nothing! So have come to a conclusion that one need to double up your hustle aside the normal government or private work ...add a trade ...learn hand work or something that will make you to be stable in your finances.

Money is very important in this day , in this current time I haven't seen anything you will do without money. Just for the purpose of upkeep and to settle daily expenses it is very important to have money. The way things are becoming very expensive, it is just good to increase the income to live very comfortable because things keeps up increasing as the day goes on, money is just important this time just the way we need air breath .

odunybiz

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Quote from: Peter Faith on November 02, 2023, 05:01:52 PM

In this present age and time the most important thing is to be stable in finance...even the Bible says according to the christians that money answerth all things..

Remember that is still this bible that say'the love of money is the root of all evil'. My question here is: should we not love money? Almost everyone in this present world love money and will always work to have it. It is needed to do all things in life. But one shouldn't love money more than his/her life to the extent that he/she can do anything to get it.

Quote from: Peter Faith on November 02, 2023, 05:01:52 PM

So have come to a conclusion that one need to double up your hustle aside the normal government or private work ...add a trade ...learn hand work or something that will make you to be stable in your finances.

Diversification is the key for survivor in humans' life. Depending on one source of income may make you a poor man in future if crisis hit your only business. So it go to have more than one source of income.

bluebit25

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So what is stability here?

I just want to give an example:

- A homeless person will feel happy if they have a full meal and a place to rest without being disturbed...

- A person running a business needs raw materials, personnel, operations,... many things to maintain and develop that business.

Therefore, I view balance in an aspect appropriate to the life situation that each person is in. A rich person's standard of balance will not be the same as a poor person's standard of living. But ironically, imbalance in life always exists in many different generations, and sometimes we are not sure what the goal of life is. Sometimes our instincts make us pursue goals that are inherently inappropriate for our life circumstances.

In different roles, the responsibilities will be different. Even though we know that we are living in an earthly house, life operates with rules that are not considered as important as "the law of cause and effect". And in this life, financial issues are only a small part of what people in higher positions want to use to run and control their lives.

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Quote from: Miles2006 on December 11, 2023, 04:34:30 PM

Quote from: Hispo on November 06, 2023, 12:44:44 PM

Quote from: Nerdy doctor on November 05, 2023, 10:16:43 PM

Your financial situation is no doubt important in this present society. And it’s no good to be selective on what the bible talks about concerning money. The bible also warns about the love of money being the genesis of almost every evil involving man out there.
Money is certainly important especially in our highly inflated society but if you let money and your love for it direct your life, you will probably never be truly happy in your life as the money already owned would never be enough.

We could argue at this point of human history, than money is a necessary evil which has coexisted with us during much of civilization itself. It will probably never be derogated and replaced with other kind of system to conduct transactions.
Also, it is interesting how many people and priests out there talk about the love of money and how to be aware of it, but in the end they manage to collect millions or dollars from gullible people who are willing to make donations in exchange of prayers and divine favors.
Jesus himself told us that many wolves in sheep clothing would come and use his name falsely. Anyways, it is a very complex topic and we could debate about it for days and days ...

It has always been for long Jesus emphasis on false priests spreading false news about Christ it's best to stay away from them, the problem with money and humans is greed, have never seen in the Bible where Jesus emphasis on money not even material things. In this generation where money is so powerful people going extra mile to make money and the fact is money has always been the necessary thing needed to carry our daily activity, even in the modern world people without money has no value, I don't know who really made the law and sometimes I wonder how was the creation of money so important that requires human effort.

Well. Money has always been part of human civilization and there is really nothing it can be done to abolish our current definition of money and the importance we give to it. I believe it is necessary evil to keep society functioning. Also, since we are also talking about money from a religious point of view, it is interesting how the miracles done by Jesus never had anything to do with the multiplication of wealth. When his followers got hungry and they did not have anything to eat, he could easily make gold coins out of nowhere for them, but that would have been against his teaching, against what he said about greed. Instead, he multiplied fish and bread which was brought before him.

Once I was told by a wise man that one is not supposed to claim money is back and call it the root of all evil, because it is a necessary tool for all of us, but to some extent I think I disagree with him, there are certain feelings and bad deeds through the history of humanity which has been the result of the blind pursue of power and money, perhaps it is just about getting an equilibrium. I don't know.

Miles2006

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Quote from: Hispo on November 06, 2023, 12:44:44 PM

Quote from: Nerdy doctor on November 05, 2023, 10:16:43 PM

Your financial situation is no doubt important in this present society. And it’s no good to be selective on what the bible talks about concerning money. The bible also warns about the love of money being the genesis of almost every evil involving man out there.
Money is certainly important especially in our highly inflated society but if you let money and your love for it direct your life, you will probably never be truly happy in your life as the money already owned would never be enough.

We could argue at this point of human history, than money is a necessary evil which has coexisted with us during much of civilization itself. It will probably never be derogated and replaced with other kind of system to conduct transactions.
Also, it is interesting how many people and priests out there talk about the love of money and how to be aware of it, but in the end they manage to collect millions or dollars from gullible people who are willing to make donations in exchange of prayers and divine favors.
Jesus himself told us that many wolves in sheep clothing would come and use his name falsely. Anyways, it is a very complex topic and we could debate about it for days and days ...

It has always been for long Jesus emphasis on false priests spreading false news about Christ it's best to stay away from them, the problem with money and humans is greed, have never seen in the Bible where Jesus emphasis on money not even material things. In this generation where money is so powerful people going extra mile to make money and the fact is money has always been the necessary thing needed to carry our daily activity, even in the modern world people without money has no value, I don't know who really made the law and sometimes I wonder how was the creation of money so important that requires human effort.

Essential10

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Quote from: Peter Faith on November 02, 2023, 05:01:52 PM

In this present age and time the most important thing is to be stable in finance...even the Bible says according to the christians that money answerth all things..come to think of it is there anything you can successfully carry out without the involvement of finance ? Absolutely nothing! So have come to a conclusion that one need to double up your hustle aside the normal government or private work ...add a trade ...learn hand work or something that will make you to be stable in your finances.

Yes, that's right, taking responsibility for your financial stability requires careful budgeting, wise investment decisions and awareness of your spending habits. It also involves having a steady source of income, whether through a traditional job, freelancing or entrepreneurship. Additionally, prioritizing saving for the future and preparing for unexpected expenses. Taking responsibility for your financial stability means taking control of your financial future and making sure you have the means to support yourself and your loved ones. It may require hard work and discipline, but the rewards of financial security and peace of mind are well worth the effort.

348Judah

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Quote from: Bushdark on November 17, 2023, 03:37:50 PM

The stability is just about living a quiet lifestyle without problem of what to eat or what to drink. Financial stability is when we don't complain like other people of how to live a better life. People are really suffering and this had made their financial stability to be lower than normal. There are people who are financially sufficient and can do whatever they like to do because they have the funds to handle their problem. Everyone aspires to be independent and go for what they are interested in.

You're right, having financial stability is all about the right state of the mind being tuned towards a positive attitude of realizing such is possible to get, then another thing is being contended with what you have and not being decieved by anyone else including yourself, financial stability comes with alot of demands to maintain having this continually, because we can not profess positive today and later turned to the other side because we are no longer capable of, stability in finance depends on our minds stability first.

Wiwo

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Quote from: Bushdark on November 17, 2023, 03:37:50 PM

The stability is just about living a quiet lifestyle without the problem of what to eat or what to drink. Financial stability is when we don't complain like other people about how to live a better life. People are really suffering and this has made their financial stability to be lower than normal. Some people are financially sufficient and can do whatever they like to do because they have the funds to handle their problems. Everyone aspires to be independent and go for what they are interested in.

Having the right mindset will go a long way to improve our financial lifestyle because what means a financially free life for you may mean another thing to another person and that is why we have to check the level of contentment in the individual, just like you rightly said living a quiet life with sufficient funds to pay bills and handle your things independently make a lot of sense.

So we have to be contented and build our life around our incomes to the point that we have a direction on what and how we spend what income we generate and making investments future and taking care of our current financial situation not disturbing others.

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Quote from: JMBitcointernational on November 14, 2023, 07:22:57 AM

Quote from: Peter Faith on November 02, 2023, 05:01:52 PM

In this present age and time the most important thing is to be stable in finance.

To be suitable actually means to normalize a situation,thus ! Financial stability stem to stand from being free from financial crisis which has made every individual to be unique in different dimensions because it relieves a person and makes the person very free from any obstacles as well as renewing their mental strength from financial stress.

However, when an individual is financially stabilised it paves a way to an undiluted success and keeps the person above unrealistic expectations.

The stability is just about living a quiet lifestyle without problem of what to eat or what to drink. Financial stability is when we don't complain like other people of how to live a better life. People are really suffering and this had made their financial stability to be lower than normal. There are people who are financially sufficient and can do whatever they like to do because they have the funds to handle their problem. Everyone aspires to be independent and go for what they are interested in.

Wiwo

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Quote from: Gozie51 on November 16, 2023, 12:30:56 PM

Surely being financially stable increases our chances to good living. It helps us to maintain good healthy living that avoids unnecessary health challenges. Some people die from treatable sickness because they lack the finance to treatment and they initially rely on self medication until it is too late to be remedied even if they eventually go to the hospital by the help of others.

Seriously the need to have money can not be overemphasize because if you have not been in the situation that you need financial assistance then you wouldn't get the fact about what money can do to save our lives. It is not a ruse that the rich tries to get more because of the role that money play to better living but I won't subscribe to illegality because of money.

Yeah lack of money is a big challenge to healthy living and sure a lot of things and sicknesses that took some people's life in the past due to lack of money and timely medical treatment have become easily treatable or maintained records have it that, as common as malaria is, it has killed a lot of people even more than HIV, reasons being that, malaria even as a common diseases and easily preventable and treated yet but its treatment is not still easily accessible by some who still can't afford it.

And this is not about malaria alone but every other form of common disease and medical situation that even common good food intake will prevent or cure them, but because of lack of money to afford those medics or food has led many to an early grave.

So in all that you do, make sure you attain financial stability that can at least provide you with the basic needs.

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Quote from: Wiwo on November 08, 2023, 02:35:41 PM

Quote from: Gozie51 on November 02, 2023, 07:44:15 PM

Money is good but it is the love of it that is condemned because love is strong and can make you take irrational decision, therefore if you love money that means you will do everything to have it.

But no doubt that money helps to make things which are suppose to be naturally difficult to be easy from family, to relationship, to helping others like the needy. Even in service to God, you need alot of money, evangelism need money and every other thing we can think of has element of money except we choose to play down on it. But we have to be careful not to allow money determine what we do or what decisions we take.

Money makes the world go round and this is a very important aspect of life because having financial stability will aid an individual to have many chances of success as ease since the money will be a fuel to making that happen faster than lack of money, but also while we are at the pursuit of money, we should know that the avoidance of greed is the most suitable and effective means to avoid losing or going after money accumulation on the wrong note.

Even the religions works requires money and worst still we have to come to a point where nothing works without money so we have to realize and place money in it right place and at all time.

Surely being financially stable increases our chances to good living. It helps us to maintain good healthy living that avoids unnecessary health challenges. Some people die from treatable sickness because they lack the finance to treatment and they initially rely on self medication until it is too late to be remedied even if they eventually go to the hospital by the help of others.

Seriously the need to have money can not be overemphasize because if you have not been in the situation that you need financial assistance then you wouldn't get the fact about what money can do to save our lives. It is not a ruse that the rich tries to get more because of the role that money play to better living but I won't subscribe to illegality because of money.

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Quote from: JMBitcointernational on November 14, 2023, 07:22:57 AM

However, when an individual is financially stabilised it paves a way to an undiluted success and keeps the person above unrealistic expectations.

That depends on the person that's into that state and situation. Usually, it's just all about being free from financial burden and that's what's being kept as the goal for most of the people. We just want to have a good night sleep without having to think of the debt during the night and then we wake up with still the same problem.

For the majority that aims to have a financial freedom, we think that when we reach to that point, we won't have burdens anymore. But you know what, as I've said that it depends on the person. As you become free in financial burdens, your lifestyle might increase and that can cause some problems in your way.

That's why whenever someone achieves that goal, it's important to still keep your low in the ground and live within your means and not beyond your means.

Wiwo

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Quote from: Baki202 on November 11, 2023, 05:00:15 PM

The funny thing about life is that sometimes you just need small information to be free and be financially stable because it is now about working smart you see people who just do little and end up bagging a lot of money but even in that case there are still sacrifices to be paid not is for free, but it is always best to read financial books.

For some reason you are right but what have been our major set back is in our risk assessment measure and how financially stable are we to face those risks, this is one of the mean reason why most people still struggled with the finances and at the end still end up in further financial crisis, so for bet result, one will need to have a financially stable mindsets to be able to become financially free some time, and it doesn't matter what your waiting periods are, what matter is the knowledge that you can get and build upon to arrive at a point where you will be stable enough to make a fear free risks assessment and also taking the right steps to actualizing them.

Having money sometimes doesn't really mean you are financially free, but when you have the knowledge and capacity on how to reproduce the money that is more important than having the money without knowledge.

Topic: Financial stability (Read 426 times)