Topic: How do you deal with financial stress? - page 6. (Read 2164 times)

Yes, giving a business a long time to build up before expecting a return on investment is very important as a sustenance of the business because during that time,  the business will be able to build up enough liquidity that will propel its future suitability and also geared the business towards a successful part along the line.

Although the part of being an easy aspect comes from the ability of the business owner to remain consistent and meet up with the business's daily demands and at some point the economic challenges that affects some business may be external forces such as government regulations that have a direct impact on your area of business,  so in all sense of it requires hard works,  resilience and other attributes to be able to stay ahead in business.

What investment do you really think is worth it today to look into that can guarantee a return? It is now as of bitcoin is more preferably better than all the available options, I don't think if anyone have invested any of the investments exclusive of bitcoin that has made a remarkable profit, it has been loses from different angles, we need more good investment securities because these ones are not making sense again.

The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet. Just to imagine, I've been looking for an apartment for over 6 months and haven't found anything yet. Not only is there a very limited supply, but those available are either too expensive, poor, too small, or everything combined. Thus, this is creating a huge feeling of uncertainty, as time is running out and I need to get settled down. Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.

I'm not sure if anyone else feels the same, but this uncertainty with the increasing living costs and the ongoing rat race is causing me excessive stress. On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK). I'd be interested in remote working, but the economics field I've studied at university isn't in high demand for remote working, which often recruits IT workers and generally fields that require hands-on experience. As soon as I'm settled down, I'm considering taking up a data analysis course and finishing my master's degree in order to look for more opportunities abroad.

I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.

Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?

The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet. Just to imagine, I've been looking for an apartment for over 6 months and haven't found anything yet. Not only is there a very limited supply, but those available are either too expensive, poor, too small, or everything combined. Thus, this is creating a huge feeling of uncertainty, as time is running out and I need to get settled down. Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.

I'm not sure if anyone else feels the same, but this uncertainty with the increasing living costs and the ongoing rat race is causing me excessive stress. On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK). I'd be interested in remote working, but the economics field I've studied at university isn't in high demand for remote working, which often recruits IT workers and generally fields that require hands-on experience. As soon as I'm settled down, I'm considering taking up a data analysis course and finishing my master's degree in order to look for more opportunities abroad.

I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.

Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?

it is impossible for us to do a side job that will affect our physical condition or even affect our main job.
The aim and purpose of working on the side is to help increase income without any effects, and it is true that in Crypto it can really help, we don't need to spend a lot of time and it can be done anywhere without affecting physical health and certainly won't interfere with the main job.

Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?

Economic and financial conditions are of course increasingly difficult to predict, many types of investments going bankrupt means we cannot depend on one or two types of investments, continuing to look for business and investment opportunities is important for our finances to continue to improve.

Been there and done that, it's a real situation that many are dealing with. Like we can survive and that's true since we're adults but we can't attain this survival the same goes for the younger ones that we have, especially toddlers. It's understandable that someone can't invest with those when he's focusing on providing food for his family. Many are in that situation but, there can also be some ways of doing things on your own if you want to invest. There is no need in sacrificing the budgeting part but, what you need to sacrifice is to add extra effort for you to earn more with another source of income.

Well, I think financial security is also very necessary in investing, especially in the world of digital currencies, for example BTC, along with various other aspects of financial planning, as @Antotena said, because we are also just ordinary people who do not have the power to see the future.

What you are saying is that fulfillment is the main thing and it is natural for you to say that because what must come first is fulfilling the minimum basic needs in the family, food must be prioritized regardless of whatever conditions are occurring. We can still endure hunger for 1 day without food and only consume water, but our children may not be able to.

Actually, many have been mentioned on this thread like the following;

• Real estate
• Business

And it's not just about having those investments or assets. You can also have employment that's good paying or if not, as long as it brings food to your family's table. That's what matters on these days when everyone is struggling and having a hard time beating up the inflation and are just in the recovery period of their life statuses.

no need to be too stressed about it. just prepare well. for example if we want to deal with inflation. we just have to really manage our money well. The main thing is that we have to really hold back expenses unless it is really necessary. if we need it according to our prestige. of course economic pressure will continue to haunt us. not to mention the endless inflation we will continue to feel every year.

What investment do you really think is worth it today to look into that can guarantee a return? It is now as of bitcoin is more preferably better than all the available options,

I don't think if anyone have invested any of the investments exclusive of bitcoin that has made a remarkable profit, it has been loses from different angles, we need more good investment securities because these ones are not making sense again.

You will really feel secured which I want to experience in the future as right now there are still tons of needs to pay and also salary is not enough. Most of us really want to have savings but the problem is that it won't allow us because of our income. Others may say that even a small amount is still savings which is true but still by the end of the month we can still get it because we need money.

When you're already financially stable like you already have extra money after paying bills and buying our needs then that is the time you'll save because you'll be tempted at that time to buy your wants.

Economic and financial conditions are of course increasingly difficult to predict, many types of investments going bankrupt means we cannot depend on one or two types of investments, continuing to look for business and investment opportunities is important for our finances to continue to improve.

The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet.

...

how do you deal with it? How do you stay optimistic?

It is not really easy and that is because we only read and hear success stories of businessmen that were already successful in the paths that they took. But if you'll ask them how they've been through, they'll answer you honestly that it is not easy.

I guess the best way to discover a success part in business is to first of all have a motivation in the business because most times,  we can't predict the future so for such avoidance of bad future economic possibility is important to have a discounted motivational point aside the profits and loses,  most times,  doing business that you have basic knowledge,  experience and path with is most motivational since you will already know the best route to take to avoid any possible loophole and also being able to stand up against any possible future economic challenges.

Having a business is not as easy as it sound,  but then we have to also make up our mind to stand up against any possible challenges that may arise while doing business or a job because life is full of daily unique challenges.

While it sounds easy to find a business you think that you can excel easily. Businesses are going to take time until you finally see them run stably and you can count on it as your major source of income. But it all starts to what you know and you're not just going to do a business just because it's profitable based on others testimony but you got to prove it yourself that you know how to run one.

Yes, and that's the cycle for most of the businessmen that do it wrong. They have no background but as a start, it's actually a good one and later on they will find out what suits them right. If it's either being in a business or being in a job where they love what they're doing. And as you choose, you'll recognize that owning a business and having a fruitful investment takes time for them to see results.