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Topic: Invest on your dependants if you too must grow further - page 7. (Read 1460 times)

hero member
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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.
sr. member
Activity: 518
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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.


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
When you empower people around you especially friends and most importantly your family members, then you'll have peace of mind to enjoy your wealth, like you said, teach or empower them on how to fish, and they'll be independent and not go hungry. It's easier to have enemies, envy and jealousy within the circle of family and friends when you're very rich and they're very poor, hatred will breed in the relationship and some evil minded ones can go as far as planning harm or death for you.


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
member
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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.
hero member
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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.
hero member
Activity: 2520
Merit: 624
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.
legendary
Activity: 3108
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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.


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
Well, you’re right there. Don’t provide them with everything they need because they will only get lazy to provide on their own, but encourage them to find their own source of living as well so that they will be able to stand on their own feet when time comes that you’re no longer capable to provide them. If this will be taken positively by your members of the family, I guess no one will stay struggling for funds because each of them will definitely focus on their own hustle.

However, not every family member is open about it. The reason why it’s hard to get out from poverty because when one member is in progress and is starting to be financially stable, other members will definitely rely on him for survival, one thing which is a very common trait in my own country.
legendary
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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'm not from Africa so I don't know what the situation is like there, but I have the same question as you. If we are the person with the best health and knowledge in the family and the rest of the family are elderly parents and children, then we are the breadwinner and the one who bears all the responsibilities of family life, what's wrong with that? If we cannot take care of our elderly parents, or cannot raise our children adequately, it is our fault. That is our weakness and failure, don't try to blame them because we cannot succeed or go further in society.

As a man, even being filial to his parents and raising his children until they grow up cannot really be the biggest failure of a man's life. If we can't do even those simple things, then don't think about having a high position in society, and don't rush to blame others just because we failed.
legendary
Activity: 2072
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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.

Perhaps Africans have such a vision as a cold calculation about not being dependent on those people to whom they, in principle, owe. But in my country, there is a slightly softer definition of everything that the OP wrote.
The fact that parents should raise their children, teach them, and give them an education, the value of which children will understand when they become adults, is natural! This is normal, and this is correct. Telling children they are dependents? No. It was you who gave birth to them. And you owe it to them. And if children grow up to be slackers, it’s again your fault, not theirs.
Family involves relatives, and what kind of family relationships you have will be visible in the children you raise. The more successful they are, the more you realize that you gave them everything you had to give, namely love and the desire for a better life for them.
member
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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.

You're right and so much we're of the same lines yet. Just making it clear to you, investing on others maybe not really mean you must spend your physical funds on them but as much resources such as your dedicated ability to breed and educate their poor minds to be utilized and engages of potential activities that leads to gaining incomes is such an Investments too because even your own time is worth treasuring of values just as usually saying that time is money when utilized.


hero member
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True freedom does not depend only on one's financial freedom. You yourself earn a lot of money, but if people around you do not get the opportunity to earn money, then somehow they can depend on you. You get a lot of money there but fail to retain that money. Moreover, a person can never fully support others financially. In order to improve one's own position, one must advance in the improvement of the people around him. Especially those who depend on it. Therefore, a person should help others to the maximum extent in various matters. If their educational system can change their position by focusing fully on income system etc. then a person can improve overall. A family may have many members where not all are earning but if they are given an opportunity to earn then they can certainly contribute well there. As one's expenses will decrease personally, they will gain financial independence.
hero member
Activity: 2842
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I like to watch a lot of videos about how lifestyle and people are doing in different nations. And one thing in common is that, regardless on which country you are right now, there's a struggle economically.

Lesser jobs, lesser opportunities and people struggling with the minimum wage that we all need to budget for our needs and expenses.

If there are people that are dependent on you and they're able to work, much better to encourage them start working their ass off so that they'll able to contribute to your personal economy and help less the expenses.
hero member
Activity: 2702
Merit: 704
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.
I agree, over the years I have got to know a lot of parents which eventually complain about their kids not spreading their wings and learning how to earn a living on their own, but while those parents believe they gave everything to their kids by supplying them with whatever they wanted.

The truth is that they did not gave them some of the most important things parents can give to their kids, which is their guidance and advice about life in general, which is way more valuable, as those lessons are what allows a kid to mature and eventually find a way to sustain themselves and their own families.
STT
legendary
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Invest in growth would the be easiest way to look at that idea.  Its true imo that humans especially are an investment in growth and if you can raise a family and invest in their fortune then its ideal for making the most of your fortune across your lifetime.

Quote
until everyone around you is rich then your still poor.

Never heard that one but I recognize that would relate to the nature of capitalism that despite appearing sometimes as a negative that favors the rich we should find society benefits from free open honest trade done.   A product is most successful when its mass produced and available across an entire nation, this might not occur at first but take a decade or more but eventually everyone gains from the productivity correctly rewarded in a capitalist system.
legendary
Activity: 3542
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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.
hero member
Activity: 938
Merit: 742
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.
No matter the amount of money you are earning, if people around you are not earning any amount and they depend on you, then you just one step away from poverty because I don’t think you can be able to save some for rainy days. The best way to be financially stable is to have various streams of income and also look for opportunities for people around you that depend on you so that they can be taking care of themselves and you will have the chance to be financially stable.

For people working and depending only on salary, they are always not financially stable because the amount been paid is small and most of the money will be used to take care of their needs, which means there is no room for investment.

The best thing to do is to go into tech and learn skills that you can do and get paid, join it with your physical work payment to earn survula.
sr. member
Activity: 994
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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.

Ensuring quality education for children and supporting them to make informed choices about their career prospects is a way towards equipping them with the necessary skills they will need in the future. Dependents can also be individuals who cannot work because of their age or other constraints. While it is noble to assist others, it should not end with dependents only. It would be great if we create possibilities for all those in need, including giving job opportunities to people who require these services.

It is a belief that opens up our minds and hearts to offer support and care for whoever requires it without being limited by boundaries, therefore widening and deepening the impact that can be had on society.
hero member
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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.


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

And when someone gets used to being given fish, they will come back to ask for the fish. Because they don't know how to catch fish. However, when we don't just give them fish but also teach them how to catch it, they will slowly leave their dependence on the person who gave it, because they can catch fish themselves.

In a family, not everyone has to earn a living, but each family member must be able to play a different role. Where a father and eldest son are in charge of earning a living, and a wife is in charge of taking care of the house, looking after the children and managing the family's needs and finances. and even if a wife wants to have additional income, in this modern era someone can make a profit just by staying at home, such as selling online or other things. In a family relationship, financial and economic problems are always quite crucial and sensitive issues, and even in the large number of divorce cases that occur, most of them are motivated by family financial and economic problems.
sr. member
Activity: 1736
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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.
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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.
legendary
Activity: 3150
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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.
legendary
Activity: 2058
Merit: 1270
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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.
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