I use to say this more often to people around me, that if you want to help a person in life, then learn to know and identify the strategic place of need in such persons life and fixed it, if you give them bread, they will soon eat it up and be hungry again, but when you make decision in alleviating them and helping them to start an investment that could be profitable for them to depend on for financial survival, they will always earn through such instead of coming back to you for more help.
If we can help other people according to what they need, of course this will be very pleasant for those we help and also those of us who help them and we also really agree with what you said when we teach other people a skill that can provide them with income. on an ongoing basis, of course this would be very good compared to us just giving them food that can only fill their stomachs for a while, if we can really teach our friends about investing, of course this will be very useful for them in the future for their financial security. 
Topic: Invest on your dependants if you too must grow further - page 3. (Read 794 times)
If you have financial knowledge/intelligence, you can try to teach people who are dear to you, suggest finance books to them and support them financially in the little way you can. But i don't think you should "invest" in them, if you take up too many responsibilities, you might run the risk of going broke yourself, i always advise people to live for themselves and help people only in a way that would not affect you financially.
However, not everyone is interested in the process to get there, like making yourself financially educated, and cutting cost several expenses, but everyone wants to be financially independent and successful. With this, don’t feed them everything but give them opportunities to improve their finances. It’s up to them how they will handle those and grab every opportunity that comes.
same here, since I have experienced being in this situation, not all people are interested in learning how to become financially literate but it is better that we give them even a little idea and knowledge about that, it is up to them how they will apply it to themselves and how it will help them. Besides, it's also difficult to spoonfeed them because they won't learn on their own if we always give them everything, right, so the minimal advice and guidance from us is enough and let's just focus on ourselves.
If you have financial knowledge/intelligence, you can try to teach people who are dear to you, suggest finance books to them and support them financially in the little way you can. But i don't think you should "invest" in them, if you take up too many responsibilities, you might run the risk of going broke yourself, i always advise people to live for themselves and help people only in a way that would not affect you financially.
However, not everyone is interested in the process to get there, like making yourself financially educated, and cutting cost several expenses, but everyone wants to be financially independent and successful. With this, don’t feed them everything but give them opportunities to improve their finances. It’s up to them how they will handle those and grab every opportunity that comes. 
If we have been able to build our own finances very well and other people or people around us pay attention to it, then we ourselves can encourage other people to do the same. or we can motivate other people around us quite easily. Because people always tend to pay attention to and follow people who they consider to have achieved success. So the first thing I always emphasize to myself is that I must be successful first and then I will lead other people to follow me and achieve success together. because when we try to advise other people when we are not successful, believe me, many people will start to stay away from us or they will even start to say that we are just a dreamer. But if we advise other people when we are successful, they will immediately believe our words and follow our advice happily. That's a fact that I found and it is certainly something that most people experience too.
I myself have the desire to be able to bring my unemployed friends to work with me, where when I am successful with my finances being very stable, I will give them jobs, either by giving them capital to work or by having them work in the business that I own. have. I really want that to happen, because I myself want to be successful and there are other hopes after I am successful. or as you said by motivating other people to be successful in their lives, that is also a good thing.I once saw a video that motivated me, with a beggar begging on the side of the road. The beggar did not move or do anything at all apart from sitting and hoping that other people would give him money, but when two men approached him, they didn't give him money, but they gave him a box of drinks and gave him a price tag and kept it right in front of the beggar. There I thought, we can't make money by just sitting around, of course we have to be able to have a business or enterprise to be able to make money.
Buttressing the whole fact, to help people of your responsibilities in staying financially reliable when you've the capacities would as much reduce the level of your expenses with the people in concerned and would enable you to flexibly focus on your personal issues hopefully in your projects of gaining more wealth and enlarging your incomes.
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.
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.
This is absolutely true. Most Africans are faced with the same issues mentioned here and this is why young entrepreneurs in Africa find it very difficult to sustain their businesses and investments without having to leave their environments or countries to another and even at that, it doesn't stop the taxing from friends and family but it at least reduces burden. This is why I enjoyed the Netflix movie watched yesterday which portrayed a business venture ecosystem that's called the Igbo Apprenticeship System shortened as the IAS which was established after the Civil War in Nigeria and was meant to bring about togetherness in growth in the business environment where successful business merchants amongst Igbo communities accommodate young folks as apprentice and allow them to serve a period of time after which they are given seed capitals and customers to start their own enterprises. This traditional practice within the business ecosystem helped the Igbos to rapidly build their trade markets and strategically depend on each other without becoming burdens to their masters. This is truly admirable and should be encouraged amongst other communities in Africa
It really depend on who are those dependants, if it's your wife and kids then definitely you should work on how to improve their financial status to reach their independence by teaching the literacy that you have and also let them to explore on their own so that they can have different perspectives from what you have.
While if it's someone who can't do their day to day activities like fell sick then you have to increase your potential to ensure the security of your and their future.
While if it's someone who can't do their day to day activities like fell sick then you have to increase your potential to ensure the security of your and their future.
This is the cycle that many are still suffering, and the only way to get out of this cycle is to focus and start working on your own.
There's a lot of challenges when it comes to finances and seriously, working alone can't help that much and as a family, you should encourage them to work together as a team and achieve your common goal.
It's hard if you're the only working and the breadwinner, you can't stay longer to that situation or else you'll burn out and might regret a lot of things later on.
There's a lot of challenges when it comes to finances and seriously, working alone can't help that much and as a family, you should encourage them to work together as a team and achieve your common goal.
It's hard if you're the only working and the breadwinner, you can't stay longer to that situation or else you'll burn out and might regret a lot of things later on.
This all depends from nation to nation, maybe in Africa and some other poorer nations kids will need to start working and help the family as one as they are old enough to work, this could be very young according to some, and not so much for those nations. While there are some middle level nations where kids start to work and take care of just themselves after 18, like go to college, stay at dorm and pay for all of that, just not take too much money from parents, or maybe none.
The biggest ones would be European nations, most of the kids there get money either from parents, or even scholarship from the country and so forth, and not work until they finish college and start their career, because economy is much better there and this doesn't hurt anyone.
The biggest ones would be European nations, most of the kids there get money either from parents, or even scholarship from the country and so forth, and not work until they finish college and start their career, because economy is much better there and this doesn't hurt anyone.
That is why you don't need to a family function alone when you have not stand firmly, so for you to spend family you will have to strategize very well and the make sure that you put other people that would be dependant on you in a good position where there can be any weekly or monthly in order to support you to carry along with the family issues, so my advice to people is that when you have not stand well you should not carry a responsibility that will bring you down, the downfall of some people today is based on their ignorant so you have to stand well before you carry other people along.
If we have been able to build our own finances very well and other people or people around us pay attention to it, then we ourselves can encourage other people to do the same. or we can motivate other people around us quite easily. Because people always tend to pay attention to and follow people who they consider to have achieved success. So the first thing I always emphasize to myself is that I must be successful first and then I will lead other people to follow me and achieve success together. because when we try to advise other people when we are not successful, believe me, many people will start to stay away from us or they will even start to say that we are just a dreamer. But if we advise other people when we are successful, they will immediately believe our words and follow our advice happily. That's a fact that I found and it is certainly something that most people experience too.
That's the way the world works now and while it is said that we rise by lifting others, it would be first demanded of us to be first successful before lending a helping hand to others.One way I think we can invest in our dependants is if we take it upon ourselves to impact them with good financial knowledge and insight that when we introduce them to the real gig, it becomes very easy and like a hobby instead.
If we have been able to build our own finances very well and other people or people around us pay attention to it, then we ourselves can encourage other people to do the same. or we can motivate other people around us quite easily. Because people always tend to pay attention to and follow people who they consider to have achieved success. So the first thing I always emphasize to myself is that I must be successful first and then I will lead other people to follow me and achieve success together. because when we try to advise other people when we are not successful, believe me, many people will start to stay away from us or they will even start to say that we are just a dreamer. But if we advise other people when we are successful, they will immediately believe our words and follow our advice happily. That's a fact that I found and it is certainly something that most people experience too.
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.
If you're too proud of yourself, delightful and relaxed without being bothered on how to ease your responsibilities within your home when you've the capacities to lucrate everyones minds by introducing them or encouraging them on how they can also breakthrough their financial reliances, you'd either end up struggling to have more values to your finances or your relentness engagement on always being the provider could picture you as one of a kind who have the potential to elevate others but chooses to let everyone settled beneath your foots which can actually inspire some negative thoughts on people envying your success.
Buttressing the whole fact, to help people of your responsibilities in staying financially reliable when you've the capacities would as much reduce the level of your expenses with the people in concerned and would enable you to flexibly focus on your personal issues hopefully in your projects of gaining more wealth and enlarging your incomes.
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.
If you're too proud of yourself, delightful and relaxed without being bothered on how to ease your responsibilities within your home when you've the capacities to lucrate everyones minds by introducing them or encouraging them on how they can also breakthrough their financial reliances, you'd either end up struggling to have more values to your finances or your relentness engagement on always being the provider could picture you as one of a kind who have the potential to elevate others but chooses to let everyone settled beneath your foots which can actually inspire some negative thoughts on people envying your success.
Buttressing the whole fact, to help people of your responsibilities in staying financially reliable when you've the capacities would as much reduce the level of your expenses with the people in concerned and would enable you to flexibly focus on your personal issues hopefully in your projects of gaining more wealth and enlarging your incomes.
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.
This sounds like some AI written trash, but there is a small grain of value worth addressing within it. It's a very fine balance to be had - sometimes friends and family need a helping had, if you're in a position to give it to them you should give it a go as it could come back the other way at one point. You mention Africa but unfortunately many people on that continent are dragged into the world of work and will never get a rounded education that would make them much more useful in the jobs market. They take whatever opportunities come their way and grasp it, in turn helping their family survive. That continent has the full range of absolute poverty up until unimaginable riches that the leaders will bask in.
Treating your children well and providing them with the means to one day stand up in their own feet by helping with education,.schooling and skills is important. However I am kinda skeptical oh how much of these should be a responsibility of a parent. For instance, if education and university aren't free, how can we promote our society's growth as a whole? If I live well but my neighbor lives in squalor it contributes to my own long term demise as well. So maybe if we value our own children we should also promote quality widely available services such as education, healthcare and transportation to be accessible for all.
I agree of course that the government should have a play in here. As citizens, we can only do so much to provide the best service available but it is still going to depend in how much of these services are available to common people.
However I also think that if you already know that the government and you yourself would not be able to provide the best things to your children, why still have children?
You are only going to be making yourself and your children miserable
You can have all the chances to chose lifting people where they are to other point but sometimes you walk to success not success walk to you, in other words what do I mean? People are more concerned about what they want instantly than how to work to be self dependent, and I also believe that those who aren't ready for changes can never take the bold steps to make out ways for themselves. No matter how you tried hard you can never pleased everyone on what they wanted in life, so what next? filter out the one person who truly needs the assistance or help and placed a value on him because I understand whenever one person rises in the family he surely effects the next person be it financially and academically with this we turned out to be good people instead of having that whole time of want to pick up everyone.
Treating your children well and providing them with the means to one day stand up in their own feet by helping with education,.schooling and skills is important. However I am kinda skeptical oh how much of these should be a responsibility of a parent. For instance, if education and university aren't free, how can we promote our society's growth as a whole? If I live well but my neighbor lives in squalor it contributes to my own long term demise as well. So maybe if we value our own children we should also promote quality widely available services such as education, healthcare and transportation to be accessible for all.
I use to say this more often to people around me, that if you want to help a person in life, then learn to know and identify the strategic place of need in such persons life and fixed it, if you give them bread, they will soon eat it up and be hungry again, but when you make decision in alleviating them and helping them to start an investment that could be profitable for them to depend on for financial survival, they will always earn through such instead of coming back to you for more help.
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.
Let me add an old proverb that says do not give them fish rather teach them how to fish, so that your basket of fish can be much. One way to be financially stable in a family is atleast Almost everyone in the family earns a living themselves. This way you have all the money you earn to yourself or to carter for just few people which could be the old ones and younger ones who can’t work anymore.
A lone person earning will easily worn them down and some could get frustrated which most at times lead to family feuds. But every member of the family having something to do only reduces each other’s dependency and to me create more peace in the family as no one is tied to another financially
Money is very important but it's not everything, relationships can be more important because no man is an island, there can be a time of need when you'll want your loved ones around you, to show you love and support, if you're not nice or kind to them, they might not be beside you to support emotionally and physically
Yes, I totally agree with that. If only one person is fulfilling the financial needs of the family then it acts as a big challenge for him/her. On the contrary, if the people of the family are well educated or properly trained and provide them with financial support, employment is arranged in a good place, then due to the arrangement of earning money for everyone, the financial improvement of the family will be achieved gradually and at the end of the day, it will be possible to touch poverty and it will be reduced a thousand times. will go I am clear that you have seen that in all the families that depend on one person for the money, those families cannot be prosperous easily, on the contrary, the family gradually suffers from poverty and at the end of the day they have to spend their days in extreme hardship. Trustworthy people who are trustworthy and at the same time likely to be hardworking and efficient should be helped if desired. Especially your family members.
It's too much work honestly, and by that point, you're already exhausted beyond repair. In the Philippines where this breadwinner culture is more prominent than any other place on the planet, you'd see young adults not even having the time for themselves nor the opportunity to start a family of their own because their parents and their families are so tethered to them for support and financial assistance, which is so disheartening. I'm almost stuck in the same cycle if not for the fact that my father finally saw the error in this kind of mindset and stood up for himself.
Breadwinners are good and all, but they shouldn't be a staple for ever family nor should they be expected to carry the dependents until they're able to support themselves like a mother bird tending upon her chicks. People got their own lives to live and if you're going to give birth to a child just so it could support you when you're unable to get your ass off to work anymore then you deserve a massive fuck you in the face, nobody deserves to be an insurance plan.
Not insinuating anything here, I get the idea of the post and for the most part, I stand behind it, especially since this is something that could work for people who are already subjected to this situation out of their own will, but for the most part, this is abusive, and nobody should experience being the breadwinner of the family.
Breadwinners are good and all, but they shouldn't be a staple for ever family nor should they be expected to carry the dependents until they're able to support themselves like a mother bird tending upon her chicks. People got their own lives to live and if you're going to give birth to a child just so it could support you when you're unable to get your ass off to work anymore then you deserve a massive fuck you in the face, nobody deserves to be an insurance plan.
Not insinuating anything here, I get the idea of the post and for the most part, I stand behind it, especially since this is something that could work for people who are already subjected to this situation out of their own will, but for the most part, this is abusive, and nobody should experience being the breadwinner of the family.
If you have financial knowledge/intelligence, you can try to teach people who are dear to you, suggest finance books to them and support them financially in the little way you can. But i don't think you should "invest" in them, if you take up too many responsibilities, you might run the risk of going broke yourself, i always advise people to live for themselves and help people only in a way that would not affect you financially.
Rightly said but I think the investment in them is also to do those things that they can't have both the financial resources to do or the contacts they need to grow, that is investment. It is not to give out money for food or clothing but to help them become useful either by vocational training or education but to help and see that they are able to help themselves and grow in life. To me I believe human capital development is the best kind of investment someone can do because if for instance you need support yourself, those that you have helped would come to your aid. But however, it is not because of future support in return that you help people but you do that as you have capacity to help.
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