Topic: How is financial stability defined for you? - page 6. (Read 1437 times)
financial stability keeps people from having problems financially because apart from being good at managing finances, their financial reserves and sources of income are well established, so that the needs needed can be met along with financial reserves for unexpected needs. for me achieving economic stability is very important as a gateway to enjoying life in this world, and life in the hereafter. but until I am already in my 3rd head, until now I have not been able to achieve financial freedom like that, hopefully it will materialize soon
For me right now the finances are just in the middle because right now life has many priorities, I can only say it's stable if there are good things that have been given to it such as businesses and online earnings but for now it's just work and sidelines first will be my foundation to build stable finances. Then starts small amount until it grows, then when there is a strong financial foundation, I will study what needs to be done to improve it.
For me, financial stability means that even during inflation I am not going to be worried what would happen if my employer lays me off because I know that I can be able to sustain myself and family for at least 12months without any pay. Financial stability means for me that my side hustle pays comfortably for my needs and function of the salary for my main job is just for savings.
There are people who enjoy financial stability because they are able to retire before 40 and never work a day in their life anymore.
There are people who enjoy financial stability because they are able to retire before 40 and never work a day in their life anymore.
How do you define financial stability for yourself? Do you believe that there's a thing as too much money? With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
The subject of money in particular is controversial, speaking for myself, I'm working a regular job, getting paid above average each month, while also doing some online work such as signature campaigns and staking coins on various platforms. I'm making enough money to make ends up and on the plus side, setting aside a decent sum of money from my salary, as well as any other amount earned online, is set aside as savings.
While in particular, I'm pretty satisfied with the amount of money I'm earning, I definitely wouldn't mind earning 10% or 20% more, I'm not sure though, if I'd say the same even if I supposedly received the previously mentioned raise, which is falling to the category of, the more, the better.
However, the general idea is that I'm currently okay, if I were to pursue something in life, in terms of money and finances, it'd be to make enough money to make ends meet and have a decent amount of purchasing power, while at the same time, having a savings account. This is something that as a 23-year-old student I've managed, but I have a pretty long way to go.
What's your take on this?
The subject of money in particular is controversial, speaking for myself, I'm working a regular job, getting paid above average each month, while also doing some online work such as signature campaigns and staking coins on various platforms. I'm making enough money to make ends up and on the plus side, setting aside a decent sum of money from my salary, as well as any other amount earned online, is set aside as savings.
While in particular, I'm pretty satisfied with the amount of money I'm earning, I definitely wouldn't mind earning 10% or 20% more, I'm not sure though, if I'd say the same even if I supposedly received the previously mentioned raise, which is falling to the category of, the more, the better.
However, the general idea is that I'm currently okay, if I were to pursue something in life, in terms of money and finances, it'd be to make enough money to make ends meet and have a decent amount of purchasing power, while at the same time, having a savings account. This is something that as a 23-year-old student I've managed, but I have a pretty long way to go.
What's your take on this?
Quote
With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
I would be satisfied with a good salary that allows me to save and in addition to that, make investments to ensure my future. Currently, I do not have a good salary that I consider optimal for satisfaction. With the help of the campaigns carried out on this platform, the outlook surrounding my economic situation has improved a lot but I feel that it is still not enough to say that I maintain a successful financial environment, and that is why I continue working on it, so that one day everything will be different and i can rest assured that i did not lack anything. And of course, when I achieve this goal, I would not be satisfied because, if I have the mentality that more is better, it all has to do with money so you have to continue working to prevent it from diminishing completely.
Although I'm also quite satisfied with what I'm earning and my financial situation has tremendously improved due to the signature campaigns, I still wouldn't mind if I managed to grow my income even further. I'm not sure if it's about greediness; it certainly is up to some degree; however, depending on your character, some may see it as setting new goals and accepting new challenges.
Financial stability refers to the ability of someone to get hold of some basic stuff, just like what he wants or needs not necessarily much with money without the assistance of anyone, when you are capable of solving financial problems within your reach at ease.
Note, being financially stable doesn't mean that you are rich, it just means that you can make basic provisions for yourself.
Note, being financially stable doesn't mean that you are rich, it just means that you can make basic provisions for yourself.
Financial stability differs amongst people and I can count myself as stable if I can meet the basic necessities of life without having to worry much. Naturally, as humans we tend to not be satisfied with money, and I feel that's the motivating factor behind steadily grinding our asses off so that we can get that little extra.
Being financially stable doesn't mean you need to have too much money. That's why it's called "stable" because you have enough money to support your living expenses, being able to afford your basic needs and wants at the same time. You don't need to have a lot of money to be stable. As long as you're living in a comfortable life and you're contented.
We all have different standards of being financially stable since we all have different standards in life. But for me, I can already consider it stable if I'm living in a comfortable place, being able to buy foods and stocks without worrying about how long will the supplies last. Also, being able to treat myself and the people around me without worrying about spending on it.
We all have different standards of being financially stable since we all have different standards in life. But for me, I can already consider it stable if I'm living in a comfortable place, being able to buy foods and stocks without worrying about how long will the supplies last. Also, being able to treat myself and the people around me without worrying about spending on it.
I like that standard, as long as you have a comfortable place to live and you have supplies that you can consume whenever you need, and with the money that you don't need to worry when you spend some for enjoying your life together with your love ones, like what you mentioned we do have different perspectives in how we describe being financially stable.
Though it's better if you have lots of money and for sure that's a concluding part when you have a huge amount of money that will support not just you but everyone around you.
How do you define financial stability for yourself? Do you believe that there's a thing as too much money? With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
The subject of money in particular is controversial, speaking for myself, I'm working a regular job, getting paid above average each month, while also doing some online work such as signature campaigns and staking coins on various platforms. I'm making enough money to make ends up and on the plus side, setting aside a decent sum of money from my salary, as well as any other amount earned online, is set aside as savings.
While in particular, I'm pretty satisfied with the amount of money I'm earning, I definitely wouldn't mind earning 10% or 20% more, I'm not sure though, if I'd say the same even if I supposedly received the previously mentioned raise, which is falling to the category of, the more, the better.
However, the general idea is that I'm currently okay, if I were to pursue something in life, in terms of money and finances, it'd be to make enough money to make ends meet and have a decent amount of purchasing power, while at the same time, having a savings account. This is something that as a 23-year-old student I've managed, but I have a pretty long way to go.
What's your take on this?
The subject of money in particular is controversial, speaking for myself, I'm working a regular job, getting paid above average each month, while also doing some online work such as signature campaigns and staking coins on various platforms. I'm making enough money to make ends up and on the plus side, setting aside a decent sum of money from my salary, as well as any other amount earned online, is set aside as savings.
While in particular, I'm pretty satisfied with the amount of money I'm earning, I definitely wouldn't mind earning 10% or 20% more, I'm not sure though, if I'd say the same even if I supposedly received the previously mentioned raise, which is falling to the category of, the more, the better.
However, the general idea is that I'm currently okay, if I were to pursue something in life, in terms of money and finances, it'd be to make enough money to make ends meet and have a decent amount of purchasing power, while at the same time, having a savings account. This is something that as a 23-year-old student I've managed, but I have a pretty long way to go.
What's your take on this?
Quote
With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
I would be satisfied with a good salary that allows me to save and in addition to that, make investments to ensure my future. Currently, I do not have a good salary that I consider optimal for satisfaction. With the help of the campaigns carried out on this platform, the outlook surrounding my economic situation has improved a lot but I feel that it is still not enough to say that I maintain a successful financial environment, and that is why I continue working on it, so that one day everything will be different and i can rest assured that i did not lack anything. And of course, when I achieve this goal, I would not be satisfied because, if I have the mentality that more is better, it all has to do with money so you have to continue working to prevent it from diminishing completely.
Financial stability is simply a state where you are financially fit to provide for your daily and monthly expenses without thinking too much about the cost.
Financial stability is have enough or more than enough to cater for your family without having to touch your savings.
And this days it has become very difficult to be financially stable, the situation of the economy is not friendly at all, only few people are free financially, and the remaining are just struggling.
No job even does with job are still not stable.
Financial stability is have enough or more than enough to cater for your family without having to touch your savings.
And this days it has become very difficult to be financially stable, the situation of the economy is not friendly at all, only few people are free financially, and the remaining are just struggling.
No job even does with job are still not stable.
In my opinion, financial stability is a condition that makes us comfortable with anything, there are many things that we always need so that it must make us think smart to get a large and stable income, and in my opinion, financial stability is without working even if we experience bad conditions, for example not working, sick and others, so we are still stable and not short of money.
Being financially stable doesn't mean you need to have too much money. That's why it's called "stable" because you have enough money to support your living expenses, being able to afford your basic needs and wants at the same time. You don't need to have a lot of money to be stable. As long as you're living in a comfortable life and you're contented.
We all have different standards of being financially stable since we all have different standards in life. But for me, I can already consider it stable if I'm living in a comfortable place, being able to buy foods and stocks without worrying about how long will the supplies last. Also, being able to treat myself and the people around me without worrying about spending on it.
We all have different standards of being financially stable since we all have different standards in life. But for me, I can already consider it stable if I'm living in a comfortable place, being able to buy foods and stocks without worrying about how long will the supplies last. Also, being able to treat myself and the people around me without worrying about spending on it.
Financial stability of a person is a state that you can get whatever you want not only that but when large investment has been made which serves as a means of your income you won't even think about the price of the things you want to buy if it is costly or not because the money is there. Being stable financially means haven enough of the usual a person of such level is expected to be balanced and this is achieved through hard work
All success is achieved from hard work in other to maintain it and make it stable we invest largely
Well, not everyone gets financial stability by working hard, though it does work out most of the time when you work really hard, it often doesn't work out and you stay where you are even after working hard for so much time because your destiny also plays a great role in that. If someone isn't destined to happen with you, it wouldn't, so just like that, when you are not destined to become successful and have financial stability, no matter how hard you work, you won't be able to achieve that.All success is achieved from hard work in other to maintain it and make it stable we invest largely
And some people tend to get financial stability without doing anything, it is simply inherited by them and these are the luckiest people in the world because they would never in their lives have to work hard to get anything as they already have great wealth and businesses and stuff running already.
How do you define financial stability for yourself? Do you believe that there's a thing as too much money? With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
The subject of money in particular is controversial, speaking for myself, I'm working a regular job, getting paid above average each month, while also doing some online work such as signature campaigns and staking coins on various platforms. I'm making enough money to make ends up and on the plus side, setting aside a decent sum of money from my salary, as well as any other amount earned online, is set aside as savings.
While in particular, I'm pretty satisfied with the amount of money I'm earning, I definitely wouldn't mind earning 10% or 20% more, I'm not sure though, if I'd say the same even if I supposedly received the previously mentioned raise, which is falling to the category of, the more, the better.
However, the general idea is that I'm currently okay, if I were to pursue something in life, in terms of money and finances, it'd be to make enough money to make ends meet and have a decent amount of purchasing power, while at the same time, having a savings account. This is something that as a 23-year-old student I've managed, but I have a pretty long way to go.
What's your take on this?
To me, Financial Stability is achieved when you get into a point in your money journey where money is no longer going to be a problem for you. You could comfortably buy anything you want or finance anything you desire like a new car or a house without getting negative'd, and most of all have something for yourself when shit hits the fan and you lose your main source of income. Most people think that to be Financially stable you had to be filthy rich, without knowing that there's pseudo-levels to it lmao. The subject of money in particular is controversial, speaking for myself, I'm working a regular job, getting paid above average each month, while also doing some online work such as signature campaigns and staking coins on various platforms. I'm making enough money to make ends up and on the plus side, setting aside a decent sum of money from my salary, as well as any other amount earned online, is set aside as savings.
While in particular, I'm pretty satisfied with the amount of money I'm earning, I definitely wouldn't mind earning 10% or 20% more, I'm not sure though, if I'd say the same even if I supposedly received the previously mentioned raise, which is falling to the category of, the more, the better.
However, the general idea is that I'm currently okay, if I were to pursue something in life, in terms of money and finances, it'd be to make enough money to make ends meet and have a decent amount of purchasing power, while at the same time, having a savings account. This is something that as a 23-year-old student I've managed, but I have a pretty long way to go.
What's your take on this?
- Financially-Free: Able to get what you want without worrying about your utilities.
- Financially-Stable: Able to support whatever you want, while remaining secure for when times get rough and you lose your source of income/profit.
- Financially-Capable: Get wealthy and be able to virtually anything that money can buy and more, and still have enough to buy the same kind of stuff over and over again without becoming poor. It also helps if you have an immutable money-making source/plan that's helping you with lining your pocket everytime you make a purchase!
How do you define financial stability for yourself? Do you believe that there's a thing as too much money? With what kind of income would you be satisfied and felt successful, at least in the sector of finances. Is it the more, the better?
The subject of money in particular is controversial, speaking for myself, I'm working a regular job, getting paid above average each month, while also doing some online work such as signature campaigns and staking coins on various platforms. I'm making enough money to make ends up and on the plus side, setting aside a decent sum of money from my salary, as well as any other amount earned online, is set aside as savings.
While in particular, I'm pretty satisfied with the amount of money I'm earning, I definitely wouldn't mind earning 10% or 20% more, I'm not sure though, if I'd say the same even if I supposedly received the previously mentioned raise, which is falling to the category of, the more, the better.
However, the general idea is that I'm currently okay, if I were to pursue something in life, in terms of money and finances, it'd be to make enough money to make ends meet and have a decent amount of purchasing power, while at the same time, having a savings account. This is something that as a 23-year-old student I've managed, but I have a pretty long way to go.
What's your take on this?
The subject of money in particular is controversial, speaking for myself, I'm working a regular job, getting paid above average each month, while also doing some online work such as signature campaigns and staking coins on various platforms. I'm making enough money to make ends up and on the plus side, setting aside a decent sum of money from my salary, as well as any other amount earned online, is set aside as savings.
While in particular, I'm pretty satisfied with the amount of money I'm earning, I definitely wouldn't mind earning 10% or 20% more, I'm not sure though, if I'd say the same even if I supposedly received the previously mentioned raise, which is falling to the category of, the more, the better.
However, the general idea is that I'm currently okay, if I were to pursue something in life, in terms of money and finances, it'd be to make enough money to make ends meet and have a decent amount of purchasing power, while at the same time, having a savings account. This is something that as a 23-year-old student I've managed, but I have a pretty long way to go.
What's your take on this?
Most people seem to be happy having a steady job and being able to pay down a mortgage through their lifetime, however it seems like a very slow way. If you've got a family then that sort of stability might be required, because you're less likely to be moving around or chasing a job anywhere else. However I think you need to be earning and extra amount, building up a buffer that can sustain you and maybe allow you to retire earlier than other people. Some are happy with hustling every day and others will be content with a simple 9-5 job. I am putting all spare cash into the stock market because dividends can give you a steady and compounding return over a few decades.
Financial stability is the state of being a financial freedom where you would have a steady financial flow never to run down of your financial status.
This financial stability can be of a low or high level of financial status which remains a constant.
The more is always better if not it is as settling for less.
A lot of money of whatever highily number or huge amount can be depreciated by just extracting a number and if continuesly extracting you would have a zero number/amount at its end.
But the more money you achieve and the more you extracts has a tendency of rising or falling depending if you earn a higher money or low and the number/amount of extractions.
So it's so advisable to cut your cost considering how much you earn.
No amount of money is ever enough to have you a relaxation of mind because the more you earn is the more plans of expenditures ahead of you.
I would recommend real estate investing for a long term investment due to its management systems and lesser tax free because age would count when you have to limit your pursues for money.
This financial stability can be of a low or high level of financial status which remains a constant.
The more is always better if not it is as settling for less.
A lot of money of whatever highily number or huge amount can be depreciated by just extracting a number and if continuesly extracting you would have a zero number/amount at its end.
But the more money you achieve and the more you extracts has a tendency of rising or falling depending if you earn a higher money or low and the number/amount of extractions.
So it's so advisable to cut your cost considering how much you earn.
No amount of money is ever enough to have you a relaxation of mind because the more you earn is the more plans of expenditures ahead of you.
I would recommend real estate investing for a long term investment due to its management systems and lesser tax free because age would count when you have to limit your pursues for money.
Financial stability of a person is a state that you can get whatever you want not only that but when large investment has been made which serves as a means of your income you won't even think about the price of the things you want to buy if it is costly or not because the money is there. Being stable financially means haven enough of the usual a person of such level is expected to be balanced and this is achieved through hard work
All success is achieved from hard work in other to maintain it and make it stable we invest largely
All success is achieved from hard work in other to maintain it and make it stable we invest largely
Financial stability to me is being at that level where you can afford more than your basic needs, a position where you will be able to enjoy some good things in life without having to worry about your account balance, that includes having a steady income stream or having some valuable investment that generates a reasonable amount of income, it also means you work less and still very financially sound.
Afford on something which you would really like to buy on without minding that you would be having no funds left at all on which i do really consider to be financially stabled.Not only on buying capacity but also with investing capability because we do know that this one still requires some funds which everybody doesnt really have always the chance.
Reaching out this state on which you are capable enough on doing things in terms of financial isnt something a state that could be acquired so easily.
It would require lots of hard work and effort of course.
Financial stability is a state where you can say money is not a problem to you anymore. And considering that your money keeps coming all the time from your different revenues, so definitely you can afford all the luxuries around you because you have a good source of income. And being financially stable does not even require you to work anymore because you know your stable enough to cover all your expenses and pay your bills anytime and anywhere.
Financial stability to me is being at that level where you can afford more than your basic needs, a position where you will be able to enjoy some good things in life without having to worry about your account balance, that includes having a steady income stream or having some valuable investment that generates a reasonable amount of income, it also means you work less and still very financially sound.
Afford on something which you would really like to buy on without minding that you would be having no funds left at all on which i do really consider to be financially stabled.Not only on buying capacity but also with investing capability because we do know that this one still requires some funds which everybody doesnt really have always the chance.
Reaching out this state on which you are capable enough on doing things in terms of financial isnt something a state that could be acquired so easily.
It would require lots of hard work and effort of course.
For me, financial stability is being stable with your finances and you can easily cater to all your wants and needs without worrying the bills because you have that steady income from your different investments or resources that keeps on generating an income.
I second that, and I feel it's very important for individuals to try as much as possible to have more than one investment and skill, people who are rich hardly have one source of income/wealth, if you want to strive to be financially stable/dependent, then a lot of responsibility fall on your shoulder, you need to study about diverse investment opportunities and harness a few of them you believe in, but that must be after you've done your research, and you must ensure that they are viable and you're not investing more than you can afford to lose. Learning a different skill from the one you have is also another way to earn extra income and by extension, financial stability, if you have more than one skill, then you can offer more than one service, thus expanding your horizon, the thing remains that, to attain financial stability one has to put in sufficient work/effort/dedication. 
Financial stability in my opinion is when I don't worry about how I'm going to make money for tomorrow
stable it means nothing less or more and whenever we need money, we have money in hand stand by
I am currently unmarried and will try to stabilize my finances until I get married so that my partner and I will not run out of money
stable it means nothing less or more and whenever we need money, we have money in hand stand by
I am currently unmarried and will try to stabilize my finances until I get married so that my partner and I will not run out of money
This is something very difficult, since it is quite complicated to calculate how much may be needed to spend according to life, more knowing that each time things happen in very different ways, many fundamentals that are those that influence our life, such as life pandemic that forces to generate expenses that were not within budget, many Bitcoin fans say that with only 0.001mBTC is enough money to live a lifetime in the future, I imagine that in the future BTC may have an approximate value of what you calculate PlanB, approximately $ 400k or even more, if it is this way, it is very likely that that prediction will come true, and if so, I believe that many may have reached their financial stability.
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