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Topic: Invest on your dependants if you too must grow further (Read 1526 times)

member
Activity: 196
Merit: 15
It would definitely be a wise thing to do if the good idea about cryptocurrency is shared with other family members. But I think in the context of my living environment it will be a bit difficult to attract parents to invest with a good understanding of cryptocurrency or bitcoin. Because they will be more attracted to physical products or services than virtual products or services. But those who can do so will surely be one of the lucky ones.
Parents who don't understand about cryptocurrency or bitcoin will certainly find it difficult to invest in Bitcoin unless there is someone who is really able to convince them about cryptocurrency or bitcoin. Because in general, convincing older people who don't have an understanding of cryptocurrency or bitcoin is very difficult if the person saying it is someone younger than them. But everyone must be able to convince their own family for a better future because now smart investment is not only about physical assets, but also non-physical assets such as Bitcoin.
When it becomes difficult to get parents to invest in Bitcoin other members of the family can be trained to become proficient in investing. Moreover other options can also be used to enable their earnings. But it would also be very beneficial if in any way to include them in smart investments.
full member
Activity: 350
Merit: 128
It would definitely be a wise thing to do if the good idea about cryptocurrency is shared with other family members. But I think in the context of my living environment it will be a bit difficult to attract parents to invest with a good understanding of cryptocurrency or bitcoin. Because they will be more attracted to physical products or services than virtual products or services. But those who can do so will surely be one of the lucky ones.
Parents who don't understand about cryptocurrency or bitcoin will certainly find it difficult to invest in Bitcoin unless there is someone who is really able to convince them about cryptocurrency or bitcoin. Because in general, convincing older people who don't have an understanding of cryptocurrency or bitcoin is very difficult if the person saying it is someone younger than them. But everyone must be able to convince their own family for a better future because now smart investment is not only about physical assets, but also non-physical assets such as Bitcoin.

Older parents who're not comfortable with the modern days technologies wouldn't be able to trust digital currency such as the crypto or bitcoin as mentioned and they don't have to blamed. This isn't about succeeding to convince your own parents to Invest on any of it because their emotions can be traumatic even while counting on you as their child because they can't lively see the market moving and the profit won't come as quick as expected to solve their needs. Unless the parents have enough funds to risk.
So literally, older parents want a physical trading believing with an individual marketing skills, they can always secure their profits on daily basis and that real suit them best.
legendary
Activity: 1386
Merit: 1020
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It would definitely be a wise thing to do if the good idea about cryptocurrency is shared with other family members. But I think in the context of my living environment it will be a bit difficult to attract parents to invest with a good understanding of cryptocurrency or bitcoin. Because they will be more attracted to physical products or services than virtual products or services. But those who can do so will surely be one of the lucky ones.
Parents who don't understand about cryptocurrency or bitcoin will certainly find it difficult to invest in Bitcoin unless there is someone who is really able to convince them about cryptocurrency or bitcoin. Because in general, convincing older people who don't have an understanding of cryptocurrency or bitcoin is very difficult if the person saying it is someone younger than them. But everyone must be able to convince their own family for a better future because now smart investment is not only about physical assets, but also non-physical assets such as Bitcoin.
Convincing parents about Bitcoin investment is of course not an easy thing because most people are very used to investing in real assets and I agree with you that it is not an easy thing to do and I think it would be better we ourselves make the investment and we just convince them that this investment is very useful for the future and they don't need to worry about the investment that we make and we also have to continue to provide understanding to other family members so that if something happens then they still can carry out what we have invested in it.
Yes, it would really be something which is really that challenging if we do speak about on how to convince them on investing into crypto and just like on what most people saying on here is that on the moment that you do find yourself that interested on sharing up the information and opportunity that you've seen on crypto investment but having doubts and hindrance on making up some share up just because you already that
having those thoughts and impressions that this one could really be that ending up on getting ignored or rejected then it would really be just that up to you whether you should really be that continuing or not.
Each person would really be having their own approach on things on which there are ones who would really be that open minded when it comes to new things and would really be that welcoming out whether
they would really be tending to engage with it or would really be trying out to avoid and this would really be that entirely be depending into someones jurisdiction or preference in the end of the day.
sr. member
Activity: 616
Merit: 274
If we can keep investing in crypto assets besides working, it can bring good things for our future. Smart people are always interested in investing in crypto assets. Because they know that the value of crypto assets will increase several times in few years. In these times.  Those who can keep investing can earn good profits in few years. So we should use these times to invest.
To achieve financial freedom is certainly not easy in this case, you must be able to use the income from your work salary to open a business or investment. Apart from investing, you should increase the foundation of your financial income, such as opening any business, but if you open a business you cannot work alone, in this case you have to need people close to you to build your business, without their help it will definitely be difficult to succeed in achieving freedom. financial.
full member
Activity: 994
Merit: 213
It would definitely be a wise thing to do if the good idea about cryptocurrency is shared with other family members. But I think in the context of my living environment it will be a bit difficult to attract parents to invest with a good understanding of cryptocurrency or bitcoin. Because they will be more attracted to physical products or services than virtual products or services. But those who can do so will surely be one of the lucky ones.
Parents who don't understand about cryptocurrency or bitcoin will certainly find it difficult to invest in Bitcoin unless there is someone who is really able to convince them about cryptocurrency or bitcoin. Because in general, convincing older people who don't have an understanding of cryptocurrency or bitcoin is very difficult if the person saying it is someone younger than them. But everyone must be able to convince their own family for a better future because now smart investment is not only about physical assets, but also non-physical assets such as Bitcoin.
Convincing parents about Bitcoin investment is of course not an easy thing because most people are very used to investing in real assets and I agree with you that it is not an easy thing to do and I think it would be better we ourselves make the investment and we just convince them that this investment is very useful for the future and they don't need to worry about the investment that we make and we also have to continue to provide understanding to other family members so that if something happens then they still can carry out what we have invested in it.
sr. member
Activity: 2604
Merit: 339
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It would definitely be a wise thing to do if the good idea about cryptocurrency is shared with other family members. But I think in the context of my living environment it will be a bit difficult to attract parents to invest with a good understanding of cryptocurrency or bitcoin. Because they will be more attracted to physical products or services than virtual products or services. But those who can do so will surely be one of the lucky ones.
Parents who don't understand about cryptocurrency or bitcoin will certainly find it difficult to invest in Bitcoin unless there is someone who is really able to convince them about cryptocurrency or bitcoin. Because in general, convincing older people who don't have an understanding of cryptocurrency or bitcoin is very difficult if the person saying it is someone younger than them. But everyone must be able to convince their own family for a better future because now smart investment is not only about physical assets, but also non-physical assets such as Bitcoin.
Totally a challenge on this aspect on which we know that when it comes to investment then our parents or those old people would really be that skeptical about new ideas and other things on which they havent been able to experience or encountered before and since they are more experienced and wary about on things in the world then they would really be that hindered on dealing up with this stuff and would really be that continuing on what they do believe and what they do know. This is why it would really be that hard on making introductions on this case on which you are planning to share up cryptocurrency benefits and opportunities that it gives.

If they wouldnt really be showing interest then it would really be just that wise that you shouldnt really be that forcing them to learn because on the moment that they would
really be having those reconsiderations then they would really be that actually be asking you again on that case.
member
Activity: 108
Merit: 46
Equal investment in the family normalizes the situation for all.When one earns one income and all are dependent on one, the matter becomes complicated and oppressive.Everyone should think for themselves and understand their own good.
hero member
Activity: 1050
Merit: 844
It would definitely be a wise thing to do if the good idea about cryptocurrency is shared with other family members. But I think in the context of my living environment it will be a bit difficult to attract parents to invest with a good understanding of cryptocurrency or bitcoin. Because they will be more attracted to physical products or services than virtual products or services. But those who can do so will surely be one of the lucky ones.
Parents who don't understand about cryptocurrency or bitcoin will certainly find it difficult to invest in Bitcoin unless there is someone who is really able to convince them about cryptocurrency or bitcoin. Because in general, convincing older people who don't have an understanding of cryptocurrency or bitcoin is very difficult if the person saying it is someone younger than them. But everyone must be able to convince their own family for a better future because now smart investment is not only about physical assets, but also non-physical assets such as Bitcoin.
hero member
Activity: 2198
Merit: 607
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Once you're a survival and the breadwinner of the family where there's no prominent family member to also support as much as you're taking proper responsibilities on them, it becomes a setback to your way forward because your savings that's supposed to increase your incomes would be spent on the family needs which becomes much stress and task full to account growths Instead you'd keep to depreciate in your income.
So, the better you create amenities on how some of the family members can earn money on their own is more responsibility stresses is relieved on you.
but we should be able to make money on our own, right? with family members who have already graduated from school doesn't mean they have to just stay silent, it's possible that parents will make it normal if they don't work yet, but parents will be very proud when we have graduated from school and can work, because having our own income doesn't mean It will only make us have some money, but of course we will give some of the income we earn to our parents and of course that's where our parents will feel proud.
instead of many people being at home but not working, unless they are still at school, but with those who are aware, I think they will feel uncomfortable if they stay at home too much, therefore, in my opinion, it is better to be able to have your own income as much as possible, I don't know. work or business. The most important thing is that what you do is positive and doesn't harm other people. Moreover, by working, I think it can improve the family's economic situation. There's no harm in helping the family's economic situation.
full member
Activity: 1176
Merit: 140
I think investing into their education is more important than investing money for them. I mean would you rather have a kid who could earn a lot of money? Or do you want a kid who would have a lot of money? A kid with a lot of money could spend all of it and then go back to being broke, which isn't nice of course, whereas a kid who can earn a lot of money will end up being rich one way or another.

This isn't just school by the way, teach them about life in a better manner than most kids so they understand how life works too. Many people who are raised in a household that takes work as priority, will make the kid realize how much hard work pays off, and that is why we should end up with something that is a bit better, so that means something.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
This is why it is important to have kids and bring them up properly in the middle of a caring family to impart some good teachings. Their education and well being should be invested in because the parents are responsible for them and no amount of money spent is ever excess for them.

For those who are planning to have a family make sure you have enough to support your next of kin before starting. Keep savings fund for them and if possible folks here like to keep bitcoin for them too.
member
Activity: 196
Merit: 15
If you are a business owner, you definitely have the blood of being an investor as well. So, aside from doing stuff from your business. You also have to do things that are more of your passion and likes like investing in crypto assets. We all want to get a better life and that's why we're investing to anything that we think that's going to be worth it someday and not just to dependents of ours as we also try to teach them what we've discovered and learned from investing.

If we can keep investing in crypto assets besides working, it can bring good things for our future. Smart people are always interested in investing in crypto assets. Because they know that the value of crypto assets will increase several times in few years. In these times.  Those who can keep investing can earn good profits in few years. So we should use these times to invest.
If crypto investing brings sustainable profits, then we should not limit it to ourselves only but introduce it as well to our family members. That way, we don’t just progress on our own but the whole family as well. However, not all dependents would embrace bitcoin like the way we embraced it and for me that’s understandable. Let them invest on their own investments, and share to the family when that investment has bring profits already. That way, the whole family will come to benefit and enjoy the profits.
It would definitely be a wise thing to do if the good idea about cryptocurrency is shared with other family members. But I think in the context of my living environment it will be a bit difficult to attract parents to invest with a good understanding of cryptocurrency or bitcoin. Because they will be more attracted to physical products or services than virtual products or services. But those who can do so will surely be one of the lucky ones.
full member
Activity: 532
Merit: 179
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.
The financial breadwinner is very important in every family's, because of their financial problems in the they will be know any smart move in the family. People's with the family and also have a provision shop that the wife or the children will be take good care of it, is a very big plan that can support a family to move forward, but some people's will they have enough money instead of them to establish a business with for them to have two alternatives which is another success of income some will go miss used all the money without achieved anything.
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I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.
The responsibility that is head of some people's is very big and the cause of living don't want to look over the people's that are suffering in the country with this hardship time, that so many people's where. Because this inflection alone can even take the life of some people's with the way their struggles to survive and the causes of living want to kill the the living situation.
hero member
Activity: 3010
Merit: 794
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.

If you want to be successful then your people have to be successful, you have to take care of your family, friends etc that as so dear to you to the next level for you to go more high. In general we should always extend our hands to people who needs it as it will guarantee our success too.

You are very correct, as it will really be of help to them and also to us, especially if we go bankrupt or we don't have any money to solve our problems or emergency as of that moment, we might call them to help us.

Then we know that helping them to be financially stable for themselves is also useful to us, because it's not everytime money do come in, and in a man's life, sometimes things might be a little tough for us and there are no way for us to get through it until that season is over but when we help those who are taking responsibility for, they will also return the favour to us, even to our own unborn children. So let's be helpful to each other anytime they need our help but not only that, let's also teach them how to be okay and successful in their lives in anyway we can and let's also remember that " One good turn deserves another".
For you not to end up on with that extreme disappointment then it would really be best that you shouldn't really be expecting something in return even if you are really that giving all the best that you could have
specially into your child or into those other people or relatives that you had been supporting into.  You should really be removing into your mind about on the things you have done into them
and really that trying out to ask return of the favor whcih is really that a bullsh^t kind of thinking or mindset. They werent that being raised on giving out that responsible act into those people whom have helped you.

In ethical sense then we would really be thinking about into those people who have helped us, but not all people would really be having this kind of consideration when it comes to this aspect
and on the moment that they have finished evertyhing or already that put up themselves on a good situation or better ones, then they would really be that trying out to forget.
Yes, its sad after all the help and sacrifices had been made but ended up on getting left behind.
hero member
Activity: 3178
Merit: 661
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If you are a business owner, you definitely have the blood of being an investor as well. So, aside from doing stuff from your business. You also have to do things that are more of your passion and likes like investing in crypto assets. We all want to get a better life and that's why we're investing to anything that we think that's going to be worth it someday and not just to dependents of ours as we also try to teach them what we've discovered and learned from investing.

If we can keep investing in crypto assets besides working, it can bring good things for our future. Smart people are always interested in investing in crypto assets. Because they know that the value of crypto assets will increase several times in few years. In these times.  Those who can keep investing can earn good profits in few years. So we should use these times to invest.
If crypto investing brings sustainable profits, then we should not limit it to ourselves only but introduce it as well to our family members. That way, we don’t just progress on our own but the whole family as well. However, not all dependents would embrace bitcoin like the way we embraced it and for me that’s understandable. Let them invest on their own investments, and share to the family when that investment has bring profits already. That way, the whole family will come to benefit and enjoy the profits.
member
Activity: 196
Merit: 15
There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.

If you want to be successful then your people have to be successful, you have to take care of your family, friends etc that as so dear to you to the next level for you to go more high. In general we should always extend our hands to people who needs it as it will guarantee our success too.
Well quoted dear mate, no one is rich unless everybody around him or her is rich. there is always needed to invest in another person even if the person is not your dependent. human investment is the highest investment someone can venture into because it brings excessive returns, no one predicts the future and that is why we should consider investing in our fellow human beings because the hands-of clock can turn negatively tomorrow, and the person will stand as your backbone. if you must grow just like the op said we should consider helping our dependent especially when we are the breadwinners of the family, family problems are so numerous that we cannot get rid of them alone without the help of another person. And if you really want to be successful and succeed in life, we have to take care of our family needs first if not you cannot have rest of mind and that is why it is very advisable to share responsibilities among your siblings by investing in them to be financially stable so as to help you reduce your level of spending.
While investment is risk-reduced by diversifying investments, tasks are divided among family members to increase human productivity as well as reduce physical and mental labor. Which helps our economic stability and cost reduction as understood by your words. It is also very important that if a person grows up in a good work environment then he must learn to create a good work environment from there.
sr. member
Activity: 2520
Merit: 366
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Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.
Yes, I totally agree with you on what you just said above about how good it is to optimize making provision on your dependant, because doing well alone as the breadwinner of the family is never the best financial decision to make, because just as it said that a tree can never make a forest, so can a single breadwinner satisfy everybody at everything, Hence, it's important teaching people how to be financially free.  Hence, if you are opportuned to engage your family members to be all financially buayant it else the burden off your shoulders.

whatever it is, what is called building finances cannot just depend on one person nowadays, especially when you have other family members at home, currently there are many burdens that must be borne, burdens that must be fought for, and if possible everything is at home you have to be involved in making money, achieving financial freedom is not easy, especially with the many pressures and economic problems that arise today.
sr. member
Activity: 1414
Merit: 272
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There is a popular quote that says until everyone around you is rich then your still poor. It's same thing here with your concept, we must always elevate the people around us to be free financially, if you're the only person free financially it turns out that you will not still be free in a short time because you will tend to lift all the bills from your household on yourself which I consider as same as suicide.

If you want to be successful then your people have to be successful, you have to take care of your family, friends etc that as so dear to you to the next level for you to go more high. In general we should always extend our hands to people who needs it as it will guarantee our success too.

You are very correct, as it will really be of help to them and also to us, especially if we go bankrupt or we don't have any money to solve our problems or emergency as of that moment, we might call them to help us.

Then we know that helping them to be financially stable for themselves is also useful to us, because it's not everytime money do come in, and in a man's life, sometimes things might be a little tough for us and there are no way for us to get through it until that season is over but when we help those who are taking responsibility for, they will also return the favour to us, even to our own unborn children. So let's be helpful to each other anytime they need our help but not only that, let's also teach them how to be okay and successful in their lives in anyway we can and let's also remember that " One good turn deserves another".
legendary
Activity: 3094
Merit: 1127
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Well quoted dear mate, no one is rich unless everybody around him or her is rich. there is always needed to invest in another person even if the person is not your dependent. human investment is the highest investment someone can venture into because it brings excessive returns, no one predicts the future and that is why we should consider investing in our fellow human beings because the hands-of clock can turn negatively tomorrow, and the person will stand as your backbone. if you must grow just like the op said we should consider helping our dependent especially when we are the breadwinners of the family, family problems are so numerous that we cannot get rid of them alone without the help of another person. And if you really want to be successful and succeed in life, we have to take care of our family needs first if not you cannot have rest of mind and that is why it is very advisable to share responsibilities among your siblings by investing in them to be financially stable so as to help you reduce your level of spending.
Exactly, Some days ago I saw a post on X Twitter, where a popular musician RickRoss said one of the reasons why his still very rich is because he build everyone around him to be rich, he said his mother earns in millions and sister too.. he gave them their financial independence and now his mother can even give him some good cash if he needs it.
This exactly what we are saying, if you make money, make your people rich and when the hood is rich you can never be poor because nobody is begging nobody for money.
It would really be situational specially if you are really just that earning sufficient to support your daily living and your dependents then for sure you cant really be able to move that much, not unless if you do able to have some good progress if you have some business or investment.It would really be that ideal that you should really be teaching them about on the possible ways that could enhance their earning or possible methods that they could make some income on which its true that on the moment that you had made out everyone to get out with that financial struggle on which it could really be something the reason that could help you out
and could ease out the responsibility and this is something that would really be that good. You arent the only ones who do get out with that struggle but also into the people around you.

But this is actually that would really be hard because we know that not all would really be having that kind of thinking on which if they are really that tend to help into the current condition
and they are really that having that concern on the sacrifices that you are making then they would really be doing their best to help you out.
member
Activity: 66
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Well quoted dear mate, no one is rich unless everybody around him or her is rich. there is always needed to invest in another person even if the person is not your dependent. human investment is the highest investment someone can venture into because it brings excessive returns, no one predicts the future and that is why we should consider investing in our fellow human beings because the hands-of clock can turn negatively tomorrow, and the person will stand as your backbone. if you must grow just like the op said we should consider helping our dependent especially when we are the breadwinners of the family, family problems are so numerous that we cannot get rid of them alone without the help of another person. And if you really want to be successful and succeed in life, we have to take care of our family needs first if not you cannot have rest of mind and that is why it is very advisable to share responsibilities among your siblings by investing in them to be financially stable so as to help you reduce your level of spending.
Exactly, Some days ago I saw a post on X Twitter, where a popular musician RickRoss said one of the reasons why his still very rich is because he build everyone around him to be rich, he said his mother earns in millions and sister too.. he gave them their financial independence and now his mother can even give him some good cash if he needs it.
This exactly what we are saying, if you make money, make your people rich and when the hood is rich you can never be poor because nobody is begging nobody for money.
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