Topic: Look for what to invest, not what to eat - page 5. (Read 1620 times)
Investing for the future is absolutely not a bad idea but for a person to have some money to invest then he must have had enough to eat already before thinking if investing. The idea of investment can't make sense or ring a wisdom bell in the ears of an hungry man. So firstly, meeting up the immediate needs is what should be important as it's only wuth a full stomach that investment becomes necessary.
And actually it also depends on the situation and condition of the person. If someone is having financial difficulties and even has difficulty buying food, the main priority is of course food. But if someone is in a condition that is financially secure enough where he can eat enough and has enough income to meet all basic needs. then someone is indeed advised to be able to save and invest for the future. because we must have hope and better financial conditions in the future. and we have to start planning and start investing from now on.
You are right, if someone is still having difficulty financially then they will not think about saving or investing. What they will think about is being able to eat every day, which is more important because it will sustain their life, but for those of us who have been said to have sufficient income and finances stable enough, you need to think about the future by investing in several fields while there is still money, so take advantage of that opportunity, don't ever waste it on things that are not important because one day it will be a regret when you are old you can't produce anymore.For me investment is important, while we still easy to have a steady income every month, plan to invest as early as possible, it doesn't take much, even setting aside 10-15 percent of your salary is good enough, especially in Bitcoin, of course there is a large potential for multiples.
But again lucky on you that you have extra money to save and invest to if we follow the 10% on saving money from the salary is for sure we wont buy all our necessities as our salary is low. Though it doesn't mean that we save big, we can save what we can, but again, it takes time. But again, this is better than not saving, as in the future, if you see that it is best to invest this, then you now have money to put on it.
Our salaries should never be limiting factors because if we live in that box kept in a corner, we will never be able to learn bigger stuff, never be able to invest somewhere else. For this very reason one should directly evolve themselves with brighter skill sets, have multiple ways of earning sources. Any ITian can easily to moon lightening so that they can literally double their wages. There are relatives who are literally saving everything from the first salary and some portion from the second salaries. I am not sure form what region you guys are but most of the western sides allow this and it's blessing to everyone. If someone is from different field which does not allow such multiple profiles then better look for home based or part time jobs which are doable in the remaining hours. One can seriously manage the life to get more out of it and still maintain good lifestyle.
It is the same with if your salary increases, your spending also increases. That is why it is better to have self-control, as we always have in mind that because we do have that money, we need to relax and buy those things, and we don't think about the future. That is really the opportunity to invest, as we do have spare money on it, so we need to make use of it. But it doesn't mean that we refrain from doing it, but we should prioritize investment over that unwanted stuff.
Food is a need and not a want, things we should overlook are our wants and not our need. Our needs are necessary for survival, what's the benefits of you making all the money and enjoy them because you developed an illness out of lack of food or proper balance diets. I had a friend in school that because he was always saving for investment only eat junk food filled with sugar. He developed diabetes and has been battling it since.
He has money but can't enjoy it, always visiting one hospital after another due to his diabetes illness and other illness that comes from him having diabetes. As we save for investment, we shouldn't neglect our health as health is very important, we should learn to balance everything.
After that, we can fulfill our desires if we have more money.
Regarding people who hold themselves too much, I think the lack of knowledge causes greater losses when experiencing health problems.
It's all about mindset, I don't agree that we look too much to fulfill desires or to invest, in fact, whatever we do is to meet high standards of needs so that it will make it easier for us to be able to look for more so that we can achieve what we want.
It is the same with if your salary increases, your spending also increases. That is why it is better to have self-control, as we always have in mind that because we do have that money, we need to relax and buy those things, and we don't think about the future. That is really the opportunity to invest, as we do have spare money on it, so we need to make use of it. But it doesn't mean that we refrain from doing it, but we should prioritize investment over that unwanted stuff.
Food is a need and not a want, things we should overlook are our wants and not our need. Our needs are necessary for survival, what's the benefits of you making all the money and enjoy them because you developed an illness out of lack of food or proper balance diets. I had a friend in school that because he was always saving for investment only eat junk food filled with sugar. He developed diabetes and has been battling it since.
He has money but can't enjoy it, always visiting one hospital after another due to his diabetes illness and other illness that comes from him having diabetes. As we save for investment, we shouldn't neglect our health as health is very important, we should learn to balance everything.
I don't know why some people in this platform are looking for what to eat at the moment, not know that they can invest in a potential projects that will put food on their table, and they will not lack what to eat and what to spend in future. I saw some message in the Bitcointalk.org where some users are trying to sell their account just to get what to eat not knowing that they can use that account to work to get a huge capital that will bring them out from poverty, and make food surplus in their home. I knew some senior members in this forum that started using member rank to work before they get to legendary to spread many investments around the country, because they didn't look for what to eat at the moment than to work hard to used their opportunities to invested in BTC before they became who they are today.
Will you invest now or you will be like that person that is looking for what to eat? It will be favourable if you can change that attitude of selling what will make you great in future just because of what will survive you at the moment. No way you will invest in BTC today and you will not have something good to eat because, investment is like a seed planted in a due season to expect something good in the future. Is it a good thing to invest or is good to continue looking for what to eat?
What do you think.
you can not invest on an empty stomach, it takes only a physically and mentally stabled person to even as much as think towards the line of investment.Will you invest now or you will be like that person that is looking for what to eat? It will be favourable if you can change that attitude of selling what will make you great in future just because of what will survive you at the moment. No way you will invest in BTC today and you will not have something good to eat because, investment is like a seed planted in a due season to expect something good in the future. Is it a good thing to invest or is good to continue looking for what to eat?
What do you think.
I think you should rather suggest that while eating, one should also consider investing.
that's easy to say when u r well fed.
People must have things to eat to survive before they can do other things including investment.
Yep and yep.I've seen a few threads around here dealing with food, and I don't think OP is seeing things from a lot of people's perspective--especially when inflation is so high that every time I go food shopping, prices have increased. Maybe just a little each time, but the overall effect since the beginning of the COVID epidemic is very noticeable.
Besides, if you can save money by decreasing the amount you spend on food and other necessities, the more you'll have to invest. Makes sense, right? So I'm all for the threads in Economics and elsewhere dealing with penny-pinching topics. Not everyone here is rich, you know.
who are just earning the average or something which is really just that right on their daily food or supply for them to survive on that day, which means that there are no other priorities which is more important than this. This is why those people would really be missing out lots of opportunities on which they could possibly make because of such condition. This is why we cant really or we dont have the right to blame or tell someone on what they should gonna do because they've been just doing or prioritizing things which is something that would really be connecting out with their daily survival.
This is why just let them be on what are the things that they would gonna tend to do because we are really just normally be trying out to survive and doing our very best on whats good for us.
Focusing on investment is good than focusing on eating. I understood this from the personal expenses met by my mother and how she saves money. It looks small, but it helps and even helped when I don't have money I borrow from mother.
She grows lots of plants and vegetables around the house and meets the daily food needs. With the rest available she sell it to the nearby people and gets little money. This she use on other groceries required. Being on the rural region this can be followed easily. Sometimes she manages with the food that is left unused the previous day with some sort of modification. Some might term it unhealthy, but she does it in a healthy and tasty manner.
She grows lots of plants and vegetables around the house and meets the daily food needs. With the rest available she sell it to the nearby people and gets little money. This she use on other groceries required. Being on the rural region this can be followed easily. Sometimes she manages with the food that is left unused the previous day with some sort of modification. Some might term it unhealthy, but she does it in a healthy and tasty manner.
that's easy to say when u r well fed.
People must have things to eat to survive before they can do other things including investment.
Yep and yep.I've seen a few threads around here dealing with food, and I don't think OP is seeing things from a lot of people's perspective--especially when inflation is so high that every time I go food shopping, prices have increased. Maybe just a little each time, but the overall effect since the beginning of the COVID epidemic is very noticeable.
Besides, if you can save money by decreasing the amount you spend on food and other necessities, the more you'll have to invest. Makes sense, right? So I'm all for the threads in Economics and elsewhere dealing with penny-pinching topics. Not everyone here is rich, you know.
Many people think that when they have income and money they will continue to try to spend it for pleasure, they don't think about investments that can be a helper when bad things happen, and we have to be able to control all expenses and of course have to invest even with a small amount.
If we just follow lust then it will never end so it is necessary to create awareness for ourselves,limit spending on important things and we also need to invest our money for the future,
who clearly manages it all is so important and needs to be done.
Other than that, we should not forget that the job we have right now is only temporary and it will not produce the money we need until the day we die. Having a primary source of income is already a tool to create and make another source of income but not everyone have the right mindset to do it because they are just too blind with the worldly things and so busy in keeping up with the trends which create holes in their pockets and hence the need of money again.
Correct. And actually if someone is still unable to meet the basic needs of himself and his family then of course that person will not think about investing or anything like that. Because people who are in difficult financial circumstances will be very reasonable to prioritize food and other basic needs.
Breaking away from financial difficulties is always the most difficult challenge for everyone. Especially for someone who has only a little expertise and also a little insight. The person may have to work harder and rest less in order to make more money.
The criteria for people who are able to be involved in investing consistently must have stable income to meet their daily needs. Investment is indeed considered very important to improve your financial level for the better, but meeting the necessities of life is far more important than forcing investment, because people who are in a condition of financial difficulties, of course they will find it difficult to invest.Breaking away from financial difficulties is always the most difficult challenge for everyone. Especially for someone who has only a little expertise and also a little insight. The person may have to work harder and rest less in order to make more money.
Getting out of the poverty line is always a difficult challenge, moreover they do not have skills in self-development. The economic conditions that we are currently facing also make it difficult for most people to get decent jobs, so that without work people will not be able to make their lives more stable.
Everyone's priorities are different. Others live in bad conditions for a while and only spare money for investment and think that these bad days will end like this. I am against this idea because investing always involves risk. It will be a waste of time when the expected return is not achieved.
Without a stable income that is supported by steady work, I think everyone will find it difficult to invest. Setting aside money depending on how much they can afford and when settling on a slightly more frugal lifestyle can help, although by no means make things any easier. In investing there is always a risk and it needs to be assessed whether the ability to meet daily needs can offset it because if not then the investment should not be forced. 
Many people think that when they have income and money they will continue to try to spend it for pleasure, they don't think about investments that can be a helper when bad things happen, and we have to be able to control all expenses and of course have to invest even with a small amount.
If we just follow lust then it will never end so it is necessary to create awareness for ourselves,limit spending on important things and we also need to invest our money for the future,
who clearly manages it all is so important and needs to be done.
It is the same with if your salary increases, your spending also increases. That is why it is better to have self-control, as we always have in mind that because we do have that money, we need to relax and buy those things, and we don't think about the future. That is really the opportunity to invest, as we do have spare money on it, so we need to make use of it. But it doesn't mean that we refrain from doing it, but we should prioritize investment over that unwanted stuff.
People could do things they like with their money it's up to them since we all have different lifestyle. But you can do 50/50 with your spare money so you could enjoy while having a secure financial in the future. 50% for the things you would like to buy and another 50% for the investment, if you used to this kind of lifestyle maybe you wouldn't notice you already have investment that could save you. If you're consistent enough you could change it to 30/70 something like that which gives you a lot of advantage in the future. Still note that the money you would put at investment still involves a risk. Which could become a win - win situation since you can gather experience from it.
Many people think that when they have income and money they will continue to try to spend it for pleasure, they don't think about investments that can be a helper when bad things happen, and we have to be able to control all expenses and of course have to invest even with a small amount.
Everyone basically has a mind to think about investing in their life when they have money. It's just that some people just forget to think about it for themselves so they look happier and more diligent in spending money than leaving some for investment. I also don't know how some people think about this kind of thing, because there are also those who are lazy to invest so they don't do it when they have money. But they always feel regret when they don't invest when the money runs out.If we just follow lust then it will never end so it is necessary to create awareness for ourselves,
limit spending on important things and we also need to invest our money for the future,
who clearly manages it all is so important and needs to be done.
Some people may just not be smart in managing spending money and controlling their passions so that they will never feel enough with the money they have. And they will also always be more easily influenced by the environment around them for things that are less important and not good for them, so they usually don't hold on to a lot of money for too long because they really don't have a way to manage their finances in life. limit spending on important things and we also need to invest our money for the future,
who clearly manages it all is so important and needs to be done.
Many people think that when they have income and money they will continue to try to spend it for pleasure, they don't think about investments that can be a helper when bad things happen, and we have to be able to control all expenses and of course have to invest even with a small amount.
If we just follow lust then it will never end so it is necessary to create awareness for ourselves,limit spending on important things and we also need to invest our money for the future,
who clearly manages it all is so important and needs to be done.
It is the same with if your salary increases, your spending also increases. That is why it is better to have self-control, as we always have in mind that because we do have that money, we need to relax and buy those things, and we don't think about the future. That is really the opportunity to invest, as we do have spare money on it, so we need to make use of it. But it doesn't mean that we refrain from doing it, but we should prioritize investment over that unwanted stuff.
Investment is not a basic need for the lower class economic people. Investment is a routine for the middle and upper class economies besides having forward thinking.
The concept of investment for people with a lower class economy is simply saving when there is left over after their basic needs are met.
Although most of those low-class people still tend to meet up or level up more quickly than some so-called middle-class people, The reason is that some middle-class people don't even think of investing; they feel they have a sustainable income, so they may not bother to increase their financial worth. But some of this low class will still strive (because they are not satisfied with the stage they are), so they will have to save up the little they have earned and still invest it in something that will earn a small profit for them even if it's not Bitcoin. There is this saying that "if you can't save when you are earning a small amount, there is likely a possibility that you won't save even if you are earning a huge amount." Saving is a habit that most people don't have, and when you can't save, what will you invest? There is no one who can't invest; it's just to develop the habit of saving and investing.The concept of investment for people with a lower class economy is simply saving when there is left over after their basic needs are met.
You are not wrong. I agree that people with a lower class economy can easily level up as long as they have a strong desire to progress by trying and working hard to make their wishes come true. Of the many tips for success, we often find true stories that lower-class economic people turn into people with upper-class (wealthy) economies.
Diligence is the mother of good luck. Save the base rich. The classic adage of my environment.
People who decide to sell accounts have very little patience, I would say. Because of how much money will come from selling an account and how long can he last with that amount of money. If it was the case that by selling his accounts he would be able to live with that money for the rest of his life then selling the account was the right decision but now if he sells the account he will find that the money is gone within 15 days or a month then how will he continue then up to him. There will be nothing to sell. Those who make such plans should think twice. But if the account can be given time and the account can be taken to a good state without selling the account, then the account will stand by you in difficult times.
Investment is like planting a tree like if we plant a delicious fruit tree but we will not get that delicious fruit immediately we have to wait for that delicious fruit. Same is the case with investments. As soon as we invest we will not profit we have to wait. And if we can wait, the fruit of our waiting will be sweet.
Investment is like planting a tree like if we plant a delicious fruit tree but we will not get that delicious fruit immediately we have to wait for that delicious fruit. Same is the case with investments. As soon as we invest we will not profit we have to wait. And if we can wait, the fruit of our waiting will be sweet.
Many people think that when they have income and money they will continue to try to spend it for pleasure, they don't think about investments that can be a helper when bad things happen, and we have to be able to control all expenses and of course have to invest even with a small amount.
If we just follow lust then it will never end so it is necessary to create awareness for ourselves,limit spending on important things and we also need to invest our money for the future,
who clearly manages it all is so important and needs to be done.
Investing and meeting basic needs like food are both important aspects of financial planning. While investing can help you build wealth over time, it's also important to prioritize your basic needs. If you're struggling to meet your basic needs, such as food, shelter and healthcare, it may be wise to focus on those first before investing. However, if you have the means to invest, it can be a smart way to grow your wealth and secure your financial future. When deciding whether to invest or focus on meeting your basic needs, it's important to consider your personal circumstances and goals. If you have a stable income and are able to cover up your basic expenses, investing can help you build wealth over time and achieve long term financial goals. If you're struggling to meet your basic needs, it may be more important to focus on meeting your basic needs first. In this case, you may want to consider seeking out resources such as food banks or government assistance programs to help you survive.
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Investment is not a basic need for the lower class economic people. Investment is a routine for the middle and upper class economies besides having forward thinking.
The concept of investment for people with a lower class economy is simply saving when there is left over after their basic needs are met.
The concept of investment for people with a lower class economy is simply saving when there is left over after their basic needs are met.
Although most of those low-class people still tend to meet up or level up more quickly than some so-called middle-class people, The reason is that some middle-class people don't even think of investing; they feel they have a sustainable income, so they may not bother to increase their financial worth. But some of this low class will still strive (because they are not satisfied with the stage they are), so they will have to save up the little they have earned and still invest it in something that will earn a small profit for them even if it's not Bitcoin. There is this saying that "if you can't save when you are earning a small amount, there is likely a possibility that you won't save even if you are earning a huge amount." Saving is a habit that most people don't have, and when you can't save, what will you invest? There is no one who can't invest; it's just to develop the habit of saving and investing.
Cheers 🥂, Dr.Bitcoin_Strange 👺👺
Correct. And actually if someone is still unable to meet the basic needs of himself and his family then of course that person will not think about investing or anything like that. Because people who are in difficult financial circumstances will be very reasonable to prioritize food and other basic needs.
Breaking away from financial difficulties is always the most difficult challenge for everyone. Especially for someone who has only a little expertise and also a little insight. The person may have to work harder and rest less in order to make more money.
Breaking away from financial difficulties is always the most difficult challenge for everyone. Especially for someone who has only a little expertise and also a little insight. The person may have to work harder and rest less in order to make more money.
For most people, the fundamentals are the same in all investments. This foundation is to invest in what is left after meeting your daily needs and those of your family. It would be a big mistake if a person does not meet their needs and only invests. The market can sometimes put people in a difficult situation. To cope with such situations, you need to have a regular income. It is also difficult for people without a permanent income to invest. I'm not saying they can't invest, don't get me wrong, I'm saying it's hard for them to invest.
Everyone's priorities are different. Others live in bad conditions for a while and only spare money for investment and think that these bad days will end like this. I am against this idea because investing always involves risk. It will be a waste of time when the expected return is not achieved.
I don't know why some people in this platform are looking for what to eat at the moment, not know that they can invest in a potential projects that will put food on their table, and they will not lack what to eat and what to spend in future. I saw some message in the Bitcointalk.org where some users are trying to sell their account just to get what to eat not knowing that they can use that account to work to get a huge capital that will bring them out from poverty, and make food surplus in their home. I knew some senior members in this forum that started using member rank to work before they get to legendary to spread many investments around the country, because they didn't look for what to eat at the moment than to work hard to used their opportunities to invested in BTC before they became who they are today.
Will you invest now or you will be like that person that is looking for what to eat? It will be favourable if you can change that attitude of selling what will make you great in future just because of what will survive you at the moment. No way you will invest in BTC today and you will not have something good to eat because, investment is like a seed planted in a due season to expect something good in the future. Is it a good thing to invest or is good to continue looking for what to eat?
What do you think.
Will you invest now or you will be like that person that is looking for what to eat? It will be favourable if you can change that attitude of selling what will make you great in future just because of what will survive you at the moment. No way you will invest in BTC today and you will not have something good to eat because, investment is like a seed planted in a due season to expect something good in the future. Is it a good thing to invest or is good to continue looking for what to eat?
What do you think.
"What to eat" is an odd way to describe it, it's more about people being overly consumerist. In fact eating healthily and keeping a proper lifestyle is super important in utilizing your brain power for maximum returns. Eating sensibly and even treating yourself occasionally to nice culinary experiences is part of a decent lifestyle, you shouldn't be concerned about spending every penny on investments. However you do have a good message, which is that far too many people follow fads and overspend their hard earned money on what is often throwaway junk. People should think more about where they use their money, but you are unlikely to change the behavior of this crowd.
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