Living ones life on assumption and promises

odunybiz

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Quote from: lionheart78 on April 26, 2023, 06:27:12 PM

Quote from: odunybiz on April 22, 2023, 09:40:44 AM

It's better for one to learn how to plan on money at hand and not on promises and assumption.

There is one lesson to learn here, never spend money that you do not have yet. You friend probably learned his lesson on your given incident.

Quote from: odunybiz on April 26, 2023, 05:37:49 PM

Quote from: bittraffic on April 22, 2023, 12:46:17 PM

Situations like this can teach you a valuable lesson not to rely on someone's promise especially when you are both drunk the night you got the offer.

Yes..., it really teaches alot of lesson. But yet most people are not still ready to learn from their past mistakes. They still go ahead living their lifestyles in friends, family and neighborhood promises.

They don't learn because they are able to solve it and deliver the solution to the problem. I think instead of learning from their mistake, they became comfortable and confident that they can fix it so for them it does not matter to repeat such an incident. These people will only learn if they are deeply in debt and unable to escape from it. Regret always happen in the end.

Quote from: odunybiz on April 22, 2023, 09:40:44 AM

Quote

An example about a friend who spends for an early celebration is very upsetting when he found out he actually didn't win, yet he already spend money for the celebration. I would probably share an amount just to cheer up that friend.

That was exactly what we did. We are all friends so a shame on anyone of us is a shame on all.

It is not bad to help a friend especially when it is in an actual incident. We should really give some money as a share for paying the bill, after all, we had enjoyed the celebration and the food.

That's should be part of the quality of a good friend. A friend in need is a friend indeed. Even if we don't enjoy the celebration together, that won't stop us friend being of assistance.

lionheart78

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Quote from: odunybiz on April 22, 2023, 09:40:44 AM

It's better for one to learn how to plan on money at hand and not on promises and assumption.

There is one lesson to learn here, never spend money that you do not have yet. You friend probably learned his lesson on your given incident.

Quote from: odunybiz on April 26, 2023, 05:37:49 PM

Quote from: bittraffic on April 22, 2023, 12:46:17 PM

Situations like this can teach you a valuable lesson not to rely on someone's promise especially when you are both drunk the night you got the offer.

Yes..., it really teaches alot of lesson. But yet most people are not still ready to learn from their past mistakes. They still go ahead living their lifestyles in friends, family and neighborhood promises.

They don't learn because they are able to solve it and deliver the solution to the problem. I think instead of learning from their mistake, they became comfortable and confident that they can fix it so for them it does not matter to repeat such an incident. These people will only learn if they are deeply in debt and unable to escape from it. Regret always happen in the end.

Quote from: odunybiz on April 22, 2023, 09:40:44 AM

Quote

An example about a friend who spends for an early celebration is very upsetting when he found out he actually didn't win, yet he already spend money for the celebration. I would probably share an amount just to cheer up that friend.

That was exactly what we did. We are all friends so a shame on anyone of us is a shame on all.

It is not bad to help a friend especially when it is in an actual incident. We should really give some money as a share for paying the bill, after all, we had enjoyed the celebration and the food.

CryptoHeadlineNews

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Quote from: odunybiz on April 22, 2023, 09:40:44 AM

It's better for one to learn how to plan on money at hand and not on promises and assumption.

It's good you were able to access a loan that aid you in successfully running your fish farm after being disappointed by your uncle, because I must confess that this is one of the best financial stories I have ever read on this forum, as it teaches about the importance of relying on the funds we have at hand than hoping on promises that may never come to pass, as it's good to start a small business and grow big than hoping to start big and wait till eternity.

odunybiz

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Quote from: bittraffic on April 22, 2023, 12:46:17 PM

Situations like this can teach you a valuable lesson not to rely on someone's promise especially when you are both drunk the night you got the offer.

Yes..., it really teaches alot of lesson. But yet most people are not still ready to learn from their past mistakes. They still go ahead living their lifestyles in friends, family and neighborhood promises.

Quote

An example about a friend who spends for an early celebration is very upsetting when he found out he actually didn't win, yet he already spend money for the celebration. I would probably share an amount just to cheer up that friend.

That was exactly what we did. We are all friends so a shame on anyone of us is a shame on all.

slapper

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Promises? Like pie crusts, folks: made to shatter. It's not that people don't have the best intentions, but life? A rollercoaster, bigly unpredictable. So take promises, assumptions, and add a pinch of skepticism. Don't let them control your destiny. Focus on what you can steer: your actions, resources. Tremendous, right? Now, this doesn't mean distrust everyone or lose faith in the future. Just gear up for curveballs and a backup plan for when things go haywire.

Dream big, folks, but stay grounded and pragmatic. Remember, the surest way to foresee the future is to craft it yourself. You'll love it!

CageMabok

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Quote from: kapalmabur on April 25, 2023, 01:57:27 AM

Obviously there is a big difference between the salary from a job and the profits from gambling,
what you say is true the profit from gambling results is clearly unreliable,
believe in gambling then someone will get stuck in other problems.

For profit through gambling, I mention it as unexpected income because that kind of thing cannot be obtained all the time by the same person so I don't think it's worth mentioning it as income because passive income every month will always be better even though it's not like that many of the profits through any gambling

Quote from: evader11 on April 25, 2023, 09:29:30 AM

A job wage is often a steady and dependable source of revenue gained by completing a service or task for an employer. The quantity of the wage is usually determined by criteria such as the worker's skills and experience, the job's demand, and the company's financial resources.

Maybe everyone also knows that the wages for the work they do are income that has been set from the start when they work for a company, so it is not appropriate to equate it with something else, especially since each income and profit is always different from the amount can be obtained. So it is clear in this case that any wage is something that has been determined for each worker in their respective field.

dothebeats

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That is why you don't hold their words for anything unless you have a written contract with them. You don't count on their word unless you have something legal that keeps their word in line with your agreement. Always remember that promises are just words after all that they can easily break whenever they want to. They can break that in a moment's notice while you are still committed to whatever they gave you.

I guess you can apply not counting your eggs before they have hatched in here. It's the same thing after all, you're waiting for their promise to bear something and you're believing them for it.

sunsilk

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That is just one of the reasons why I don't trust promises. Ever since I was a kid, I've been said with many promises but not all of them came into as promised. Although some did but I remember most that didn't.

And there's this saying that came from a person that I know personally that have been convicted and been in jail, when someone tells a promise to the other inmates and then it didn't came into reality. What do they want? They've been given a promise already and they want it to be fulfilled. It sounds confusing but that's actually what was said.

Presently, I don't rely mostly to these promises even from the closest people that I know of. I expect mostly nothing from them when a promise was said especially in financial matters.

odunybiz

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Quote from: stompix on April 22, 2023, 09:55:35 AM

You got the tabs mixed up, you wanted to go on lifecoachingtalk.org!

Seriously, these topics are really getting annoying, yeah we know this already, there are a ton of topics on the same subject, don't live your life in debt, don't live it on promises, don't risk money you don't have, don't be greedy, for god's sake, this is not some therapy forum!
Common, enough is enough at this point!

Well..,this may look annoying to you but remember is helpful to someone out there. I never come across of similar topic I posted even after using the search engine and that was why I decide to make such post.

jaberwock

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Quote from: Kakmakr on April 24, 2023, 01:04:25 AM

There is this old saying that says, "Do not count your chickens, before they have hatched" and this is specifically suitable to you, because you are in the agricultural field, so you should be familiar with that concept. Wink

You cannot rely on people's promises.... they are very unpredictable, so to start something ..without having the actual money in hand... would be very reckless. I hope you learnt a very good lesson from this, but I still hope your financing come through for your project.

Good Luck....

My wife always reminded me of this saying because I advance count the money that I never received yet lol. I think this isn't wrong on some cases but it can make someone motivated to work hard, knowing that there is something good that coming later on. What is only wrong is to hope for something that is not guarantee like the one that you used in your example. Not all eggs that we can see are good eggs that will hatch into a healthy chicken.

Another example is to count the profit in crypto investments because cryptos are unpredictable. If someone promises us, we better tell them that there will be consequences if they can't make their promise happen. That should make them more serious.

alastantiger

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Promises are meant to be kept but in real life it is the other way round. It has happened to me years back when i was still in high college, one of my maternal uncle promised me that the moment i finish my school that he will help me get a job in his company where he worked as HR, I was happy that i will have a good pay job after my school. After my school, i called him to let him know am done with school and he said i should give him little time that i shouldn't worry that he will definately give me the job. I kept waiting till after one year, he then told me that ok he will give me some money to start up a business first while waiting for the job and i said ok. Another year passed by, to cut the story short, both the job and the money non of his promises came to pass. Since then i gave up on promises.
I have have a friend who placed a bet of over 3milliom. It was a foot ball bet, it was remaining just one game to play and he will be smiling, he assumed that it will enter, he called friends and started partying, at the end, the last game cut his ticket. It was a very terrible day for him because he has incured lots of debt.
Living in assumptions and promises is one thing i will never do again in my life because of the lessons i have learnt

ivankoh

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When a promise is broken, the end of the pain is disappointment. That's why I never live on promises. In fact, promises can happen in all cases, bosses promise employees, parents promise children, etc. In any case, emotional damage will damage the relationship. get worse and worse. What percentage of assumptions and speculations will come true??? It is completely meaningless when you believe the hypotheses will happen. Sometimes in life, business, work you accidentally receive promises, that's fine but my way is not to take it too seriously and just think of it as a normal problem and you will easily Accept what happens normally.

evader11

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Quote from: kapalmabur on April 25, 2023, 01:57:27 AM

Quote from: noorman0 on April 25, 2023, 12:44:19 AM

Quote from: odunybiz on April 22, 2023, 09:40:44 AM

-snip-
Similar stuff happened to me when I spend my finance school fee believing my salary will be paid in two days time but was shocked after the salary was prosponed due to some reasons. The school fee was needed urgently and this put me into serious issues but thanks to my friends who bailed me out. This same issue has happened to us once or twice in our journey of life.

-snip-
It's better for one to learn how to plan on money at hand and not on promises and assumption.

So are you going to prohibit employees from renting a house, subscribing to electricity and water while they only rely on their monthly salary which sometimes fails to be paid or is fired. Any solution for this?

You give examples of cases with different conditions and possibilities.

Gambling winnings are clearly an unreliable source of finance for whatever reason. But salary is a different matter because it is even guaranteed by law, although in practice some experience time delays.

Obviously there is a big difference between the salary from a job and the profits from gambling,
what you say is true the profit from gambling results is clearly unreliable,
believe in gambling then someone will get stuck in other problems.

A job wage is often a steady and dependable source of revenue gained by completing a service or task for an employer. The quantity of the wage is usually determined by criteria such as the worker's skills and experience, the job's demand, and the company's financial resources.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: kapalmabur on April 25, 2023, 01:57:27 AM

Obviously there is a big difference between the salary from a job and the profits from gambling,
what you say is true the profit from gambling results is clearly unreliable,
believe in gambling then someone will get stuck in other problems.

Gambling and salary dont really go hand in hand. Gamblers end up spending their salary on games and land up broke. Grin

What the OP said though, you have to live like a monk and consolidate your earnings before you dream of more. Be realistic and be pragmatic about money, there is no place for trust here.

I would say that going for risky investments at the minimum would cause less problems that arise out of the same. But then we are humans after all.

bitzizzix

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The first response if a promise is not kept is maybe disappointment and this is normal, but after that the disappointed emotions can be processed again and think rationally.
and the most important thing is to meet or call to talk about it so you know why, does he have a reason that makes it hard for him to keep his promise?
and don't expect or hope for promises because we have also done it without realizing it. Not keeping promises is one of those human traits that sometimes we forget or there is a certain reason that we don't know or he feels bad to talk about that day because in the end we will also find the reason even if it's too late.
You have to have a plan B in case of plan A due to promises if it doesn't work out as expected or you can bill on promises, before putting together a plan A. And I think this is a smart and not sloppy plan just relying on promises will fall apart if not fulfilled and with such an incident your quality can be measured before you create a business or plan anything.

isaac_clarke22

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Quote from: odunybiz on April 22, 2023, 09:40:44 AM

~

I suppose that # means $? To answer your question about the first paragraph, nobody knows since you're just saying that you will give me $5000 on Monday, but that is not enough for me to fully trust what you just said.

In gambling, you know there are no promises. People use "belief" these days just to cope that something that is not possible would be possible. The same goes for your "Uncle" story. Nobody knows if he's serious about adding $200k in your business.

The same goes to every single loan businesses out there. Promising future income is not going to cut it. I believe that in Lending section there's even that guideline, lol. Cheesy

Quote from: kapalmabur on April 25, 2023, 01:57:27 AM

~

There's technical difference, but both are really not that reliable. You could be laid off from your job anytime, although there are notices sometimes. In gambling, you could just predict.
Considering the layoffs from tech companies lately, you could somehow see the similarities in terms of unreliability between the two, don't you think?

YUriy1991

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Quote from: odunybiz on April 22, 2023, 09:40:44 AM

Living on assumption and promises is more like spending money you haven't received. People can make promises but how sure are you that the promise will be fulfilled.

Yes, It is not easy to Live life based on assumptions and promises is a risky and unreliable way to make financial decisions because Promises may not always be fulfilled, and assumptions may not always prove true regardless of closeness factors such as friends, relatives or family and Relying on yourself doing this without considering the risks involved can lead to disastrous consequences, as the example you presented shows.

Make your business decisions simple, why? that because To avoid this risk, yes. it is important to plan and make decisions based on what is currently available, rather than relying on promises and assumptions. If it were me, I would start the business with the available capital instead of waiting for the promised funds, or avoid spending money that has not been received and I'm sure on the way there will be the best solution.

kapalmabur

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Quote from: noorman0 on April 25, 2023, 12:44:19 AM

Quote from: odunybiz on April 22, 2023, 09:40:44 AM

-snip-
Similar stuff happened to me when I spend my finance school fee believing my salary will be paid in two days time but was shocked after the salary was prosponed due to some reasons. The school fee was needed urgently and this put me into serious issues but thanks to my friends who bailed me out. This same issue has happened to us once or twice in our journey of life.

-snip-
It's better for one to learn how to plan on money at hand and not on promises and assumption.

So are you going to prohibit employees from renting a house, subscribing to electricity and water while they only rely on their monthly salary which sometimes fails to be paid or is fired. Any solution for this?

You give examples of cases with different conditions and possibilities.

Gambling winnings are clearly an unreliable source of finance for whatever reason. But salary is a different matter because it is even guaranteed by law, although in practice some experience time delays.

Obviously there is a big difference between the salary from a job and the profits from gambling,
what you say is true the profit from gambling results is clearly unreliable,
believe in gambling then someone will get stuck in other problems.

Dzwaafu11

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Quote from: odunybiz on April 22, 2023, 09:40:44 AM

Living on assumption and promises is more like spending money you haven't received. People can make promises but how sure are you that the promise will be fulfilled.

I will give you #5000 on Monday, how sure are you that the money will come in on Monday? Promises and assumption has caused alot of people there job, imagine leaving your recent job because a friend promise to get you a better job. This may even cause someone his/her life if one base most of his/her lifestyle on promises and assumption.

Relying on someone is similar to having an illness that you don't know how to treat or cure; instead, you rely on God. Depending on God, the ailment may go away or continue to exist. When someone promises to give me money, I can't wait, and when someone promises to offer me a job, I can't wait because I don't even know if it will be possible or not because a promise is just a decision and someone can change their mind at any time.

Quote from: odunybiz on April 22, 2023, 09:40:44 AM

I could remember when one of my friend put himself into serious debt believing he has already won a huge money from gambling. This was some year ago, match between Besiktas and Benfica. It was the last game of my friend's ticket. After 3 goal ahead by Benfica in the first half, he believed the game was over and Befica has won. He called us to celebrate. We started drinking and eating at a bar to celebrate this. After the end of the game, we were shocked as the game ended up in draw with 3- 3. This landed my friend into serious debt that took him some weeks to pay.

Your friend committed a grave error by putting his faith in a common gambling game. You cannot rely on gambling and incur debt, so why would your friend want to do both? Instead, he should have waited to celebrate his victory until the game was over. He was impatient and believed that the game must end soon or the opposition would not score. These are only predictions that he can't be sure are accurate, but I think you've learned your lesson by now.

noorman0

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Quote from: odunybiz on April 22, 2023, 09:40:44 AM

-snip-
Similar stuff happened to me when I spend my finance school fee believing my salary will be paid in two days time but was shocked after the salary was prosponed due to some reasons. The school fee was needed urgently and this put me into serious issues but thanks to my friends who bailed me out. This same issue has happened to us once or twice in our journey of life.

-snip-
It's better for one to learn how to plan on money at hand and not on promises and assumption.

So are you going to prohibit employees from renting a house, subscribing to electricity and water while they only rely on their monthly salary which sometimes fails to be paid or is fired. Any solution for this?

You give examples of cases with different conditions and possibilities.

Gambling winnings are clearly an unreliable source of finance for whatever reason. But salary is a different matter because it is even guaranteed by law, although in practice some experience time delays.

Topic: Living ones life on assumption and promises (Read 452 times)