Topic: Having a problem a Personal Finance? - page 7. (Read 1340 times)

We cannot overlooked the advantages that comes together with being a member of this noble community, though the aim is not on other related discussion the reason why this community was created but other aspects aside bitcoin discussions were added to enable one have a perfect life experience to balance up his entire digital experience with more positive advantages, this brings about having a number of boards we can easily discus on, people can advise as appropriately needed even though they know that here is not a financial advisory platform.

Well everyone has different things and knowledge they can learn here and him stating that the forum can help him improve his financial life is left for him but I do agree on the vastness of possible things one can learn here in the forum and remember it's called a community for a reason as in a place where people interact and discuss several issues although bitcoin is the prime but even bitcoin itself is a currency so it's still fall in-line.

Indeed, you'll find a myriad of posts shared by friends here, encompassing the realm of finance. However, this forum is primarily tailored to the domain of cryptocurrencies. When it comes to resolving financial quandaries, you're likely to encounter a deluge of input, leaving you in a perplexing quandary over which advice to heed.

Consider seeking counsel from a certified financial advisor; at the very least, their guidance tends to be more directed and substantiated, offering robust rationales for enhancing your financial standing.

Family responsibility is o e of the major thing that drag man backward financially if the man income is not enough to settle the bills. And that why it is good for someone to find money very and store them very when he is still young at his youth days and single. So that when he finally got married the burdens will not weigh his finance down again. Op you said well, knowing the grassroot of the problem is the number one thing to do so the problem can be solved very fast but to know the problem first is very difficult.

Yes reading financial books help in the economic lifestyle of a person. But Bitcointalk forum is not a financial break through platform or where one can come and received financial guardian and counseling but it is a platform for discussion the development of bitcoin and other related cryptocurrency issues. Though all the scholars in the world are in the forum so if you bring out some questions that bothering you in your life and you need solution to it and you present it here, people must come out and tell you want to do. Yes watching videos can navigate your thinking at the moment to something else. And also will motivate you to face challenges of life.

d- You don't have to go the way everyone else is going. Make your own path.

The fact that others follow these points and are successful is no guarantee that you will be successful too. While doing all this, do not forget that luck is also important.

I didn't see anything in the articles about the need to be original and I wanted to add it. So we don't always have to imitate something. We can be original and achieve success. I am not saying that the articles are wrong, but I think it would be better for everyone to write their own articles according to their living conditions and act original. Not everyone lives in the same conditions. Write and obtain your own articles on your own terms.

Yes, you’re right; it is very hard to come across a topic like this that will indicate how to deal with your personal finances. 97 percent of the discussion taking place on the forum is all about crypto currency, especially bitcoin; other discussions are all related to other things in real life. The discussion that you can see people discussing here will be based on Pherm things out there. When you see a discussion here and there talking about what you think at the end, you will see people discussing something different from what the topic is talking about because of the different opinions that have been mentioned on the thread. So I will also suggest you try the website that @den Pedro Dinero gives you; maybe it will suit you and you will get what you want from there.

Sometimes those inspiration videos kinda give you away from the reality and that might even hurt you in the long-run. It's like those Dhar Mann videos where some people might think that you just have to do "good" to be successful, but they don't realize that it isn't really everything.

I disagree that this forum might help all people though, it could be fun for just reading around but people encounter different problem and with that, different solution also applies. Some people just don't need every single financial advise out there and it could be just simply stepping away from the computer and walking around the city and simply escaping reality temporarily before attempting to face that financial problem once more.

This is a great list. I would also like to add that one of the best way to learn about handling personal finances is to have a talk with a person who also experience the same thing as you do. As what people say, experience is the best teacher. Because you can easily say that you have to do this or that, but it's more influential if you actually have a conversation with someone who is experienced and have a broad knowledge when it comes to finances. And I believe that is the time that you will actually learn.

For the choices you convey, I like 2 points, namely Adan B. If I sort them before entering, At least the Bitcoin Forum must be prepared and what needs to be learned is point A and point A is one of the tips that is highly recommended to enter not only in BTT forums but also for others. Yes. You are right, at least we don't walk with a blank and empty look again in starting this investment journey in the Crypto World.

I bet to disagree with your second tip. Just because this bitcointalk forum is a good avenue for learning then you’ll expect that you can gain valuable tips here on how to manage your personal finances. Crypto particularly bitcoin is the focus of this forum that’s why everything about bitcoin is open for discussion. However, when you think about personal finance, maybe you can read books about personal finances and its management, and I don’t think staying in the forum will be a great help. Also, watching relevant videos about personal finance can also help as it can be a good guide on how to deal with your financial problems and finding reliable solutions based on real life experiences.

Financial problems are the same as life problems because it is undeniable that in this life only financial problems often arise, I think this is a natural and very common thing because almost all of us have experienced it and to solve it there is nothing other than us working hard .

The more we earn, the more we spend, it's not just anyone who has experienced this, I have and I'm sure many other people have experienced this, it is included in our lifestyle or we are too fulfilling desires for these insignificant desires, somehow when we have a lot of income there will be a thought that we will enjoy it in a different way and spend that money, this is a problem in my opinion and needs to be addressed so that we can minimize spending and savings which will have a positive impact on our finances in the future.
there is nothing else but for us to realize and stop following excessive lifestyles and try to live by our own standards.

The environment can influence us, but you also have the right to choose this environment. If you hang out with people who invite you to drink beer every night, then this is not the kind of environment that will allow you to become better.

Books once helped me, it was thanks to books that I was able to understand that the environment, can influence us, in the end I was convinced that this is true. In addition, I myself learned to handle finances, and books helped me again in this, I chose the rules that were clear to me and applied them to myself. Everything seems simple, but here the secret is not some kind of complexity, but discipline, if you want to succeed, then you need to be consistent. If you plan your day, month, then this will allow you to understand what steps you need to take in order to achieve your goal. The same with money, you will learn to earn more and save, which will allow you to create some kind of capital. Everything depends only on us.

A person's social environment actually has a very vital role in all aspects of life. Especially in terms of financial life. Because our mindset can even be formed according to the social environment we enter.

Have social friends who are proficient in managing finances and proficient in building a business. It will also affect our mindset in managing finances and building a business. And if we have friends who are rich, then unconsciously we will also be motivated to be rich someday.

Sometimes we need to study the perspectives and mindsets of rich people so that we can also make lessons in our financial life. But remember all we have to learn is his mindset in building wealth. But when it comes to buying luxury goods, we should not imitate them. Because they actually buy luxury goods sometimes also for business purposes. Like building relationships with richer people. Sometimes an elegant appearance is also needed in building relationships in business. it is for this reason that rich people look very elegant and classy. Because if they are relaxed and have no business needs then they tend to look simple. Even their appearance is sometimes the same as lower class people when they are relaxed.

I actually prefer the logical things that you say, because in fact it is also very clear that everyone has their own internal and external environment so that the level of influence and inspiration they get will also vary from person to person. And for the option of studying at institutions such as certain universities it can also be very good because there is also a lot of knowledge that can be obtained so that everyone can put it into practice in life after they finish there.

Because knowledge and any thing will become more useful and complete when it is used in life or practiced in work that is in line with it. We can find this in some people who have been successful in this world where they consistently carry out practices or actions after they gain knowledge and inspiration from other people or from certain university institutions. So every knowledge and experience will be very valuable when it is carried out correctly, but if it is still stored in the contents of one's head, it will still be useless because it will never produce any results in life.

Well and that is the beginning of a development, applying management in any case it will have a good impact especially for our own lives. In business matters it is very important and it is necessary for us to be able to manage or organize everything so that it can go according to plan. True, and in my opinion there is no success without failure. Basically a failure has an important role in a process, because that's the only thing we will take to be used as reference material, and we will be able to learn from it so that these mistakes do not happen again in the future. But well like you said, according to the fact that it depends on their intentions and themselves, sometimes like there are some of them who give up when they get a failure and they will stop at that position.
So in addition to strong intentions, they must also have a strong mentality, because there may be many other trials to come.

Well, I've also said before, that lifestyle will always be someone's problem in life, like those who overemphasize prestige even though they don't have the ability for it, but many factors make them have an excessive mindset in life such as a luxurious environment perhaps. And it's true, sometimes it's hard to differentiate between wants and needs, like some consider it a need when it's just a desire to fulfill prestige or lifestyle.  Frugality is the main solution here and then it is better to save some of the budget we have. Because there will be times when we need money very urgently someday, so it will be useful to minimize.

Of course it all depends on our own efforts, if we really don't want to change, no matter how many books we read, how many videos we watch, nothing will change.  but for us to have more positive thoughts, more determination, it is also necessary to read books or seek advice from others.  It is not the main catalyst, but it will also have a powerful effect on our thinking. So I don't think what OP said is useless, they are still useful to a certain extent.

Yes, they're just the same but I wouldn't look disappointed by looking and watching them again and again. They're serving me like reminders for most of the time and that's helping me to keep motivated and focused on the goals that I am setting. Well, you're right that most of what they're saying are generic and it's like all recycled ideas and tips for those that have known what they're saying. But to those that are new to the financial education, they can extract those and just keep themselves reminded that it's going to be helpful if they start thinking of how they're going to be well in finance. That's why just take those free contents, read or watch them and if there are something else which are better then it's best to take them.

According to me several of my friends are currently working in different private companies and I have noticed one thing that they earn less money than me monthly but even though they earn less money than me, apart from providing financial support to their families, they earn some money at the end of the month. Saves money but even though I earn more than them, I don't have enough money to spend at the end of the month. When this happened to me for a long time, I tried to fit the equation as to why I could not keep money to myself even though I was earning a lot of money. After considering all this, one thing I realized is that every month I spend a lot of extra money like eating out in restaurants, buying unnecessary clothes, etc. I am trying to cut down on these unnecessary expenses to keep the money to myself. If I can reduce these unnecessary expenses, I will definitely have enough money at the end of the month.

That's right, actually financial problems are a matter of self-control in order to be able to control them properly. In essence, everything comes back to one's own willingness to manage money and also to the desire to make more money because of many needs.
And everyone has different ways of handling things, even though there are many theories I think it will be useless if the mindset still doesn't change and also the handling to get out of this problem is everyone in a different way, I experienced this before and only I can change it myself, not someone else.

A, B, and C are all useless as long as you don't have the intention to manage your finances well. Failure in business becomes a sweetener for businessmen, without failure they will never know true success. In taking the path to achieve financial independence, it is necessary to start with the intention, the intention to develop, the intention to be disciplined to become a responsible head of the family and other intentions for happiness in the future.

The root of the problem needs to be solved by changing the lifestyle from previously spending too much money on unnecessary things, you must be able to distinguish between what is a need and what is a want. When you can put aside desires that are not really needed, that's where you already have the intention to change financial problems to be more advanced.