Topic: How to thrive with low income in a humble area - page 2. (Read 1155 times)

He didn't mention self-improvement there, only pure greed but you are right that both has differences. If we are almost helpless then we need to prioritize ourselves first before the others. There is the time that we can also seek a help from others but once we get up and are now successful in life, we also ensure that we will return the favor to them. Humble area, can be a small area and the cost of living there is not expensive so it's much easier to thrive here.

It only becomes hard if the person is not humble enough because he will pretend to be rich to look superior to others and the cost of it is that he will spend more but he will also struggle secretly.

If we only rely on connections, then it's the same as we still depend on other people, if we don't come from a respected family, these connections are also quite difficult for us to get. At this time we also have to be realistic, where to start doing it yourself with a simple pattern is much better, for example trying to do business and investing with small capital that is done consistently. Connections can be used when we already have other devices as a support, so that building relationships becomes easier, because people have seen the process we are doing.

Another indicator I think is very important in managing whatever we want to do, while it's the process that makes it difficult for people to survive, because there are no other supporting factors when starting to do all that, so the burden completely becomes a process that we have to go through. The point is to be consistent, don't give up easily and continue to improve your ability to build relationships.

I also have a little advice for you guys on this topic.  And that is, multiply your connections and relationships.  This is important.  In modern times like this where everything is connected, relationships and connections play an important role in success that makes you move from poor areas.  From the number of relationships and friendships we build, we can create many possibilities and many variables in our path to success.

actually it's not about how much we earn but how can we manage it well?  from what I observed in the neighborhood around the house where the average income is low, those who can manage money well can make ends meet while people who cannot manage it live with pressure, both debt and lifestyle.  when we are able to save some of our income by putting aside what is not a basic need, then we can develop well and be able to inherit some of the assets for our children later.

Please be able to understand the difference between self-improvement and greed, because it is very clearly different. In today's modern economic era, we are required to always be able to develop ourselves and that is not something wrong. Getting a bigger income from the results of self-development is a fair result.

And developing a business or building a profession that is our passion, in my opinion, is not greed, but self-development. What is called greed is if we as clothing sellers see that on front side us there are bakers whose sales are good, in the end we join in selling bread with the aim of competing with the bakers on front side us.

That's what I mean, not how we manage money with the same income throughout our lives. But how do we change this income to get opportunities whether we can get bigger or at the risk we can lose it. There are many ways to change that, for example by doing business, trading, become a seller or going to the metropolis for a job with a higher salary than before.

It all comes back to our respective choices. Do you stay with this situation or take the risk of getting out into a wider area with a bigger or even smaller result?
The benchmark of happiness is not about how much money or assets we have, but how we use it with gratitude.

those greedy bastards can sleep well in the evening thinking they have food on the table the next day or months. don't think of it that it's a bad thing to make money. they become greedy because they have more mouths to feed and they have plans for the future.

you actually can't think straight when you have no money prepared for the next week's budget. having a low income is like living paycheck to paycheck and a person will need to save and be greedy so they can leave more money for thier kids when they check out this world.

A greedy person will not be happy and he will die before he can enjoy the money or wealth he has, every day he will always think about adding money and not caring about other people, nowadays many people are difficult and doing social activities such as helping others is noble things that will make the heart happy and of course eliminate greed.

It's true that taking risks and taking other opportunities will be the best way to get out of being low in income. The increase in income also varies on how you're good and skilled are. Sometimes even if you're good at budgeting, it won't just be enough. I've done it myself and it's frustrating when it's the end of the month and you've got all of your expenses written on a paper as you track all of them and still, you can only do so much.
With inflation hikes, the way to defeat is or you can get along with it is to increase your income.

When you're leaving by a low income earnings and have a low budgets plan for your living expenses then we can assume ou to have balance the means, but many people don't know how they can make this a reality by adjusting their normal lifestyle to the level of their income capacity, it affects that making a savings because hard and unbearable when the needs arising is more than the income budget plan, that is it is also encouraged that one cannstart in a low budget area to gather up resources in other to meet up by having low expenditures or cost of living to say.

For those who are chronically addicted to smoking, Alcohol and maybe gambling, I can you that giving up this is one of the hardest things to do, I've meet several smokers who if you ask them to stop smoking because smoking is destroying their finance little by little, they are ask you that, you that is not a smoker, what have you achieved?.

The advices in the OP are all good, but unfortunately, not for everybody, succeeding in life take hard/smart work and great discipline, even a smoker and an alcoholic can still succeed if they really know what they want out of life, and work hard and smart towards achieving it, and also applying discipline and consistency in the work towards achieving their dreams.

Very true, I live in such an area and the salary is quite meager 600-700$/month.  In general, if you have a family and children, most of the living expenses will be equivalent to nearly $500/month.  If you do not have a family, your savings will be greater with $300-350/month.  For such a fixed job and salary in the modest sector, the most important thing is to save, spend appropriately and take advantage of opportunities from savings to invest properly.  Human needs are infinite, each income generated / compared to expenditure is different.  I don't think anyone should learn from the wasteful spending problem that you have to bear the consequences of.

The answer to a topic question, such as the question - how to manage finances? REASONABLY!
No matter how much money you have - unreasonable spending - the path to bankruptcy and a beggarly life. Don't buy what you don't really need. But on the other hand, you don't have to wear the same socks for 10 years Seriously, thinking and image attract what you are. If you walk around in rags, not washed, not shaved - due to inadequate economy - you will not become rich, you will become a miser, for whom accumulation will be the goal of life. And as practice shows, such people end their life before they can use the savings.
Do not buy "fashionable things". A new collection of Lewis, GAP or iPhone - I'm not sure that you can't live without it! It's easier to take care of things and not change your wardrobe, for example, once a quarter.
You live in an environment of your own kind in terms of income - no offense, but clothes from the "luxury fashion" segment are not yours. No, you can buy yourself, but WHY?
And so in everything! Ok, I agree, for example, sometimes you want to drink alcohol, for example. But this does not mean that you need to buy Lheraud XO Charles VII, there are excellent inexpensive quality wines!
Yes, and a very important remark, please do not be offended, but understand correctly! Always try to be (work / communicate / ....) in a society that is "a step above" you. Believe me - it will be very useful! This is just a recommendation, but it allows you to solve many problems that cannot be solved in a society "one step down" ...

I think what you said is more appropriate for those who still live in areas with low levels of income, because apart from having to move to places with more opportunities for them to develop. Those who still live in areas where income is still low must also open themselves up to gain more insight elsewhere so that there are more offers they can receive for an income that can make them develop better.

Being grateful for what we have is a special thing for everyone where everyone does it in a different way. And in terms of finding a place that has more mobility to develop, I don't think it's an attempt to be greedy, because everyone needs to develop and become more independent in their life by continuing to try as much as possible according to their abilities.

Talking about school today can be said that there are many wrong thoughts actually about school. The real reason we go to school is not to work but to enable us to learn various knowledge for our future lives but the problem is that the school's stigma seems to change. I don't know in other countries, but for my own country, the benchmark is that many students study in high school, for example, they always think about work and the main goal of learning becomes distracted because the focus is not studying, but getting a certificate for work.
This is clearly wrong even though we also have to think about the future like work and others, but this is not the right place, I think it's just that the stigma is always like that now.

Greed isnt bad when it is really still in moderation and you are still in control towards your will and decisions that been made up.We all do really hope for a good living and status when it comes to potential and this is

why we do strive out on doing out best to find the best way on getting some income and do dive into other opportunities which we do see that it could give out the chance for us to earn more.
Yes, we should really be thankful in every day that we are really that alive and still breathing yet we could really still able to find opportunities to make our lives at best as we can.
Do in your own methods and ways because living isnt that simple and you do need to work hard.

Not really, school are preparing us for the needed foundation so that we can stand up by ourselves when time comes.  School is not only teaching people to be an employee, there are lots of courses that specializes on entrepreneurship, business management, technical skills for freelancing and so on and so forth.  Financial literacy is also thought in school, you just need to find a proper course for that.


to be able to have some emergency funds when income is just enough for the family budget and bills is to have side jobs.  Having extra earnings surely help us in terms of financial stability.

Thriving with low income must be practical and not wishful thinking it must be deliberate and intentional and attention to details of every expenditure here are some of my personal examples;
1. WhatsApp calls instead of normal recharge cards it sounds funny but you could save more...
2. Calculate total monthly or daily income and compare with daily expenses and endeavor to spend less than 50 percent of your income.
3. Save emergency fraction 10%
4. Avoid impulse buying
5. Eat home cooked food avoid restaurant and eatery's also avoid drinks, drink only water
6. Don't spend to impress or prove a point... Etc