[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.
While it is common that many are successful and gives good advice on how you have to keep up with your personal finance. I'd say someone has to go better into other forums where it's mostly focused with money matters which is commonly be seen on social media platforms. There are actual influencers that are into finance but you have to choose the better ones because many of them are there to have sales pitch at their money advises so, from there you need to be wise already. 
Topic: Having a problem a Personal Finance? - page 10. (Read 1343 times)
Op, you're right that a person should ask oneself various questions, looking for the underlying cause of issues with financial management. But I'm not sure if I agree with the solutions. If an underlying cause is related to mental health issues, a person might need therapy or something like that. If it's a stressful factor that can be reduced or removed from life, that should be a thing to focus on. Inspiration books and videos might help some people and discourage others. Bitcointalk is a nice place, but it's not really about managing personal finances.
-snip- ... ... There are some things that can help you in this matter, and some of them are:
[a.] Read books related to personal finance.
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They already have a steady income at the beginning of each month with a relatively large salary but don't know how to deal with personal financial problems, maybe books related to finance will open the door for solutions for them.[a.] Read books related to personal finance.
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By reading books, they will find advice for investing and things that can lead to how to divide the percentage for saving, the percentage for buying because I often find it in several books about personal finance arrangements.
Not blaming the situation, reading books related to finance simply does not apply to people with much lower incomes.
Going to work in the morning, in the afternoon and sometimes even going home at night depending on the time. Three children and three of them go to school. Pocket money for them depends on the high level of school. Pay bills every month. And there are many more expenses to think about.
It's hard to find time to read a book.
I very rarely find a book whose contents explain how to organize good finances for people whose finances are below. Are you serious. I rarely get it in bookstores I've visited in my area.
Actually, there are a lot of options for us to learn personal finance. Now, what Op gave as a tip about this matter is actually nice and could give some help somehow, and hanging out here in the forum platform is not 100%, but we can get some ideas in terms of personal finance. But reading books if you are a book lover is pretty much a good idea.
The books we read must also be chosen according to our tastes or according to the knowledge we need, it does not mean that we have to read all the books that in the end we do not apply any of the knowledge from these books to life. Because now reading doesn't have to be just books, but everyone who already knows the internet and often uses a smartphone that can connect to the internet, I think they can read at any time according to what they need to learn. So taking advantage of all the conveniences that exist now is also very important in addition to the tip given by the OP.Quote
And also, I agreed that if you or we are surrounded by people who have positive views on life, we can adopt them as well, little by little. It depends on us how we deal with people and how to choose; just make sure these people have positive insight.
The environment and association also need to be looked at because it is true that each of us needs to be in an environment where the thoughts of the people around us are more in a positive direction because that is a very basic influence in life. Especially if people who think positively have more insight that we can learn to support development in our lives, this is obviously a very good thing because now not all societies have people like that. And I quite agree with this one point. 
If a person has a problem with finances, the solution is to learn financial management. I agree with @OP that reading books about financial management is one of the best way to equip ourselves of the knowledge of financial management. I do not think we need to hang out with people with positive outlooks in life in order to solve the financial management problem. Motivation is different from financial management learning. We might need to find a mentor to teach us about financial management.
Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.
Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.
Actually, there are a lot of options for us to learn personal finance. Now, what Op gave as a tip about this matter is actually nice and could give some help somehow, and hanging out here in the forum platform is not 100%, but we can get some ideas in terms of personal finance. But reading books if you are a book lover is pretty much a good idea.
And also, I agreed that if you or we are surrounded by people who have positive views on life, we can adopt them as well, little by little. It depends on us how we deal with people and how to choose; just make sure these people have positive insight.
Many people choose to read financial books, this is indeed a very good way, but that does not mean that the other ways will not work. In my opinion, what is important is how we approach and accept it, if a person doesn't like reading books and reading books about finance will not work because he will not focus. Like me, I don't read books often but I like to watch financial videos or documentaries about economics, finance... besides getting advice from experienced forerunners will be more practical. There are many ways to solve the problem and choose the one that works best for you.
If anyone has a problem with their personal finances I would recommend that they follow Dave Ramsey's method. It is a simple 7 baby steps method, easy to follow and has helped a lot of people first get rid of debt and then become millionaires.
The point is that in personal finance it's not just about knowing what to do, you have to control your behavior. Someone who has a debt problem probably knows that they need to spend less and maybe try to earn more. It's another thing if he does it.
But Ramsey's method is very good, I have followed it and I can say that it has helped me a lot, being today in a good financial position that gives me a lot of peace of mind. It is not for nothing that his first book written in 1992 was entitled Financial Peace.
The point is that in personal finance it's not just about knowing what to do, you have to control your behavior. Someone who has a debt problem probably knows that they need to spend less and maybe try to earn more. It's another thing if he does it.
But Ramsey's method is very good, I have followed it and I can say that it has helped me a lot, being today in a good financial position that gives me a lot of peace of mind. It is not for nothing that his first book written in 1992 was entitled Financial Peace.
Books usually inspire us and many people learn financial management by watching youtube videos. It is best to use your own skills and get advice from experienced people. Financial management skills are essential to making the right decisions for many people with personal financial problems. By maintaining accurate records, financial managers can identify trends and patterns that can help them identify opportunities or risks related to their business. A good financial manager can help people save money on their grocery, utility and other bills. People who track their spending and adjust their spending as needed are more likely to save money. And if you are a skilled and competent person, then you can improve by your work and effort and gradually your financial problems will disappear.
- You, yes, you. Are you tired? Can't make progress? Or every time you move forward, something bad always happens? Are you in a situation where you have to start from scratch again? Where does your problem start? in money? Why do you always have no money? Is it because of your responsibilities for your family or because you just don't have spending discipline? It is important that you know what the root of your problem is? Maybe the reason you are not making progress is because you spend a lot, so every time you have an emergency, you move your savings? Or sometimes you can borrow a cape. How to handle money What is real personal finance? What do you have to do to learn it? There are some things that can help you in this matter, and some of them are:
[a.] Read books related to personal finance.
[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.
[c.] Watch videos that can give you inspiration to become better. And mingle with people who have a positive outlook on life.
I agree with all the points. Because if you are reading books, your knowledge will improve related to finance. Also in the bitcoin talk, we can learn from the other person's experiences. Another thing is we need a positive mindset before starting any work. It will be from the YouTube videos. [a.] Read books related to personal finance.
[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.
[c.] Watch videos that can give you inspiration to become better. And mingle with people who have a positive outlook on life.
If a person has a problem with finances, the solution is to learn financial management. I agree with @OP that reading books about financial management is one of the best way to equip ourselves of the knowledge of financial management. I do not think we need to hang out with people with positive outlooks in life in order to solve the financial management problem. Motivation is different from financial management learning. We might need to find a mentor to teach us about financial management.
Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.
Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.
Actually, there are a lot of options for us to learn personal finance. Now, what Op gave as a tip about this matter is actually nice and could give some help somehow, and hanging out here in the forum platform is not 100%, but we can get some ideas in terms of personal finance. But reading books if you are a book lover is pretty much a good idea.
And also, I agreed that if you or we are surrounded by people who have positive views on life, we can adopt them as well, little by little. It depends on us how we deal with people and how to choose; just make sure these people have positive insight.
If a person has a problem with finances, the solution is to learn financial management. I agree with @OP that reading books about financial management is one of the best way to equip ourselves of the knowledge of financial management. I do not think we need to hang out with people with positive outlooks in life in order to solve the financial management problem. Motivation is different from financial management learning. We might need to find a mentor to teach us about financial management.
Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.
Learning more from reading financial management books and also about all things related to the economy is indeed very good. But sometimes we also need to exchange ideas with other people and share views regarding a problem. Sharing experiences and learning from each other is also very effective in learning.Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.
We also have to build high motivation to push ourselves to work harder in this regard. And after that building relationships and business partners is needed in the next step.
How to handle money What is real personal finance? What do you have to do to learn it? There are some things that can help you in this matter, and some of them are:
Reading a book relating to personal finance will help you alot as books are the best way to learn from others experience as many individuals that are authors of books write their life stories in books that when you read them you can learn from their mistakes and not make similar mistakes that they made and improve your finances. Reading books is very important as they teach you other perspective of life from people that have experience similar situations that you're facing.
The OP made valid points but to go further to what the OP has said, you can join physical groups and mingle with people that have overcoming similar circumstances in life through clubs that'll help you interact with this individuals to know how to handle the same issues.
With that being said, a great deal of what you can read on those books is common sense, it is just that people do not want to apply those measures on their lives as they know that for a time their situation will turn even worse, similar to what happens when you are sick and you take the medicine to improve your health, you could feel even worse soon after taking it but after enough time passes you will feel better, however it is that period what they fear the most and what prevents them to actually try to solve their economic problems.
How to handle money What is real personal finance? What do you have to do to learn it? There are some things that can help you in this matter, and some of them are:
Reading a book relating to personal finance will help you alot as books are the best way to learn from others experience as many individuals that are authors of books write their life stories in books that when you read them you can learn from their mistakes and not make similar mistakes that they made and improve your finances. Reading books is very important as they teach you other perspective of life from people that have experience similar situations that you're facing.
The OP made valid points but to go further to what the OP has said, you can join physical groups and mingle with people that have overcoming similar circumstances in life through clubs that'll help you interact with this individuals to know how to handle the same issues.
but its better rather than having nothing at all on reading on. I agree on some points that it isnt really that much needed if you could really that able to make use of your own common sense when it comes to financial management. If you do see that you are really just earning enough for your daily needs and some extra savings then why would really be going further on spending on things which you dont really need on buying so?
You are really that just endangering yourself on possible condition which would really lead into that unfortunate condition just because you dont already have the money for you to spend on just because of that kind of spending on something which arent really that priority.You wont really be having that problem in finances if you have just planned it well or having that good management to it. Spend on the amount which would
getting in line on how much you do earn minus the deductions of savings and emergency funds and if you do see some extra then this is where you do consider on buying things.
How to handle money What is real personal finance? What do you have to do to learn it? There are some things that can help you in this matter, and some of them are:
Reading a book relating to personal finance will help you alot as books are the best way to learn from others experience as many individuals that are authors of books write their life stories in books that when you read them you can learn from their mistakes and not make similar mistakes that they made and improve your finances. Reading books is very important as they teach you other perspective of life from people that have experience similar situations that you're facing.
The OP made valid points but to go further to what the OP has said, you can join physical groups and mingle with people that have overcoming similar circumstances in life through clubs that'll help you interact with this individuals to know how to handle the same issues.
If a person has a problem with finances, the solution is to learn financial management. I agree with @OP that reading books about financial management is one of the best way to equip ourselves of the knowledge of financial management. I do not think we need to hang out with people with positive outlooks in life in order to solve the financial management problem. Motivation is different from financial management learning. We might need to find a mentor to teach us about financial management.
Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.
Mingling with people to have a connection especially when we have business and services to offer is also needed to establish our influence that can affect our financial inflows.
- You, yes, you. Are you tired? Can't make progress? Or every time you move forward, something bad always happens? Are you in a situation where you have to start from scratch again? Where does your problem start? in money? Why do you always have no money? Is it because of your responsibilities for your family or because you just don't have spending discipline? It is important that you know what the root of your problem is? Maybe the reason you are not making progress is because you spend a lot, so every time you have an emergency, you move your savings? Or sometimes you can borrow a cape. How to handle money What is real personal finance? What do you have to do to learn it?
-cut-
I wouldn't harm anyone to learn about investing, if they already don't handle it, but listening to others isn't a silver bullet either. Sometimes life throws a curve ball and it isn't your fault that you are losing money from time to time.-cut-
Obviously in hindsight you could have shorted markets etc, but life or a timeline doesn't work in hindsight. Many times we see biographies of successful people and their whole timeline seems like a path towards the goal they achieved. However that's not how it goes in real life, people make mistakes and often change paths when they realise they have wrong approach or goals in life. The fact that even those successful people can have parts in their life when they are lost, and doubting their choices, or don't have a clue what they are supposed to do. That's just not talked about as we want to see them as good examples and adore their choices.
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[a.] Read books related to personal finance.
[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.
[c.] Watch videos that can give you inspiration to become better. And mingle with people who have a positive outlook on life.
[a.] Read books related to personal finance.
[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.
[c.] Watch videos that can give you inspiration to become better. And mingle with people who have a positive outlook on life.
financial skills will not be effective if you only learn from books without doing it right away, try slowly to set aside what is important and what is not important in your daily life, for example if you really don't need a new smartphone then don't buy it, don't be hungry and always buy what you don't really need.
Besides that, skills in money management can also be compared to learning to play the guitar or doing other things you like, the more often you hone and practice, the more proficient you will be at managing the flow of your money in and out.
Practicing what you're thinking to do and the advice you get is the best thing to do so that you'll become better at handling your personal finance. I see high earning people but don't know how to manage their finances and they got almost nothing left even if they're earning a lot.
The lesson there is it's not about how much you earn but how much you save. And the next thing is to manage the savings that you're able to make and put it into assets that could earn you passively or appreciate over the period of time.
The lesson there is it's not about how much you earn but how much you save. And the next thing is to manage the savings that you're able to make and put it into assets that could earn you passively or appreciate over the period of time.
- You, yes, you. Are you tired? Can't make progress? Or every time you move forward, something bad always happens? Are you in a situation where you have to start from scratch again? Where does your problem start? in money? Why do you always have no money? Is it because of your responsibilities for your family or because you just don't have spending discipline? It is important that you know what the root of your problem is? Maybe the reason you are not making progress is because you spend a lot, so every time you have an emergency, you move your savings? Or sometimes you can borrow a cape. How to handle money What is real personal finance? What do you have to do to learn it? There are some things that can help you in this matter, and some of them are:
[a.] Read books related to personal finance.
[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.
[c.] Watch videos that can give you inspiration to become better. And mingle with people who have a positive outlook on life.
[a.] Read books related to personal finance.
[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.
[c.] Watch videos that can give you inspiration to become better. And mingle with people who have a positive outlook on life.
I would definitely say a and c are good points to observe, because you should always be seeking knowledge if you want to increase your wealth pile. However option b is not really necessary, you might pick up some information here - like how to trade, or maybe you get into the collectibles section and work your way up as a specialty skill. However in general you're likely to make much more wealth using knowledge garnered outside of these forums. The world is a big place with many parts to it and crypto is just a tiny portion of it and it is a tiny fraction of the financial field itself, so you can learn how to make plenty of money without every interacting with it but you might keep a small bit as diversification in your portfolio.
Financial problems is always going to be expected. The poor, the rich, all have this problem in common but in different dozes.
I don't think this forum does more on financial education except for the fact that it encourages us to do more with decentralized finance and invest in BTC to get better outcome.
The solution to financial problems is better solved with having a clear thought on ones life and dealings. Where one is able to pinpoint money wasting habits and get more disciplined in trying to learn and enforce new financial habits, this aspect and their life in general, improves drastically.
Financial problem is not something that we can get over like the without thorough thinking and working with experience people around that can help to make life easier than what it was before. I don't think this forum does more on financial education except for the fact that it encourages us to do more with decentralized finance and invest in BTC to get better outcome.
The solution to financial problems is better solved with having a clear thought on ones life and dealings. Where one is able to pinpoint money wasting habits and get more disciplined in trying to learn and enforce new financial habits, this aspect and their life in general, improves drastically.
Sometimes we may not even need financial advise at the moment. What we may need is how we position our business. We don't need to establish business we people around can not afford to patronize the business. Location can help a business grow very fast and if we don't get a better place for our business, we may miss customers that are supposed to patronize our business.
- You, yes, you. Are you tired? Can't make progress? Or every time you move forward, something bad always happens? Are you in a situation where you have to start from scratch again? Where does your problem start? in money? Why do you always have no money? Is it because of your responsibilities for your family or because you just don't have spending discipline? It is important that you know what the root of your problem is? Maybe the reason you are not making progress is because you spend a lot, so every time you have an emergency, you move your savings? Or sometimes you can borrow a cape. How to handle money What is real personal finance? What do you have to do to learn it? There are some things that can help you in this matter, and some of them are:
[a.] Read books related to personal finance.
[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.
[c.] Watch videos that can give you inspiration to become better. And mingle with people who have a positive outlook on life.
[a.] Read books related to personal finance.
[b.] Always hang out here on the Bitcointalk forum; you can see and learn a lot from this platform.
[c.] Watch videos that can give you inspiration to become better. And mingle with people who have a positive outlook on life.
[d.] Have common sense
[e.] Avoid yourself in getting close with rich people or someone who do spend out like hell
[f.] Dont be envious on new trend and new things around
You wont really be that having a problem if you are really just that mindful in regarding about your finances. Always have that saving or emergency funds so that in times like this that would happen
then you wont really be that able to struggle since you have already allocated funds in regarding on the situation. It all matters with the management you do have and to those suggestions above.
Yes, its the most common one but applying it onto yourself is the toughest thing or challenging at all and wont really be that so simple. Just like been mentioned that
having your own common sense would really be that enough for you to tell whether you are still doing fine or you are already crossing the borders.
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