Topic: Invest on your dependants if you too must grow further - page 4. (Read 784 times)

If we're talking about dependants meaning children, they need to be taken care of until they fully grow up, and if one can afford it, it's good to provide good education to children and try to help them roughly figure out their career paths. But dependants can also be people who are already too old to work or incapable due to other reasons, in which cases it might be impossible to help them become financially independent.
Having the mindset of helping others is great, but I also think it should extend beyond dependants and cover pretty much any people you can help a bit with job opportunities when they need those opportunities.

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 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.

It's equally important to let those who depend on you know how to make their own financial moves as well. If they know how to make use of the money they have and make it work for them, it will ease the burden of your financial responsibilities to them in the long run. This way, they will learn how to be financially independent from you and not depend everything on you as the breadwinner since they are making their own money anyway.

People who only know how to provide material things but not provide knowledge are usually the ones who end up as exhausted in what they do. Since those who are depending on them only know how to receive but not work for themselves, they will end up depending on these providers for a long time which might eventually turn relationships sour.

A lot of avenues and resources are available nowadays to learn a skill or two. It's best to spark their interest in learning how to make money and teach them everything you can, and it's up to them if they'll do something about that knowledge or not.

until everyone around you is rich then your still poor.

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 we're talking about dependants meaning children, they need to be taken care of until they fully grow up, and if one can afford it, it's good to provide good education to children and try to help them roughly figure out their career paths. But dependants can also be people who are already too old to work or incapable due to other reasons, in which cases it might be impossible to help them become financially independent.
Having the mindset of helping others is great, but I also think it should extend beyond dependants and cover pretty much any people you can help a bit with job opportunities when they need those opportunities.

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

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.
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Exactly mate,this quotes and contribution reminds me so much about someone.😊Let me also add another quote that I always use to encourage myself. The greatest achievement of a man is not who he is or how wealthy he has become,his biggest achievement is the person that he raised/lifted.This statement keeps me going and makes me want to do more for people,it always helps me to do and show more kindness no matter what happens.

It's essential to always show kindness to people whether financially and otherwise.You assist them with knowledgeable financial advice so that they can learn how to generate income for themselves which in turn reduces various billings and financial assistance/pressures from your shoulders entirely.In one way or the other,there's a lift;you lift someone from been Dependant to become independent,whereas
You lift yourself from or against uncountable responsibilities.
Its pretty much a good idea to support someone when you're opportune and  in position to help.

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.

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.

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.

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.