I was newly married and my wife was pregnant, we had no bed to lay our head and we just moved in to a new city far from relatives meaning there was no backup plan.... We did the following
1. We cut down our budget
2. We found out our skills examples my wife could make hair so we made a small sign post...
3. We needed money to start up but interest rate was to high for loan... So we borrowed from our mum and paid gradually without cohesion
4. We invested in BTC and hodl for long term...
5. We started giving you the poor around us and also we stopped collecting money from our parents and started giving money to them, honestly I don't mean to be too spiritual but this is the last key that unlocked our fortunes... They prayed for us and blessed us.... Since then we have never gone back to lack....
Topic: What was your lowest point financially? How did you go through it ? - page 9. (Read 1982 times)
December 27, 2022, 02:33:21 PM
December 27, 2022, 02:32:11 PM
In most cases i do end up spending over beyond budget whenever am gambling because the more you're gambling the nore it requires fund for you to use in doing so, sometimes one got off beyond control of himself and enjoy gambling having fun even when much money is involved before realizing that alot had gone through the process, I've done this to the very last of my penny at hand before i then came into realization.
I think this is what I hear a lot from people I know. Yes they are addicted to gambling and have no limit to where they should stop gambling, I mean they forget that emotions that they cannot control make them unknowingly spend a lot of money on gambling. I think the root of the problem lies in self-control, because I also gamble, but I can still set limits and not exceed them so I can still manage my finances pretty well.Maybe the difference is that I gamble just for fun, while those who have collapsed financially because of gambling because they expect too much of a big win from what they play.
December 27, 2022, 12:19:51 PM
The first time I worked. That's where the lowest and most difficult point in my finances. Maybe it will be a question because when working it should make money, but this is the opposite. lol.
This happened where I got caught up in associations that required me to be extravagant, and I was stupid at that time thinking that I still had a salary every month so it would be easy to handle my expenses. But the fact is not so, maybe at that time I didn't have the experience so I didn't think about what would happen when I adopted an extravagant life. I almost have financial difficulties every month, because of my bad habits.
This happened where I got caught up in associations that required me to be extravagant, and I was stupid at that time thinking that I still had a salary every month so it would be easy to handle my expenses. But the fact is not so, maybe at that time I didn't have the experience so I didn't think about what would happen when I adopted an extravagant life. I almost have financial difficulties every month, because of my bad habits.
December 27, 2022, 11:57:08 AM
When I quit my previous job, my financial situation was at its lowest, and my wife is the only person who earns a salary every month. The bitcoin price was also in a bad spot at the time, and then something unexpected happened to us. I was forced to sell all of my bitcoins, including the last of my mining rigs, because we needed a lot of money. Although it is regrettable, those bitcoins would have changed our lives, it also feels good that we were able to resolved the issue without incurring debt at the time.
December 27, 2022, 11:26:38 AM
My whole life was a complete Roller coaster and I saw both extremes even before my mid 20s. As far as I know the worst ever financial situation is just left with 1000 dollars and that's all I had after my business completely broke but luckily I paid debt with gold and other assets.
Then started working on different levels from $400 per month to $5000 in a day now just enjoying my life and I hope I won't see a downtrend atleast in the near future.
Then started working on different levels from $400 per month to $5000 in a day now just enjoying my life and I hope I won't see a downtrend atleast in the near future.
December 27, 2022, 10:42:26 AM
Got scammed by ICO sale. Literally that was first and last day of my life when I started ignoring every ICO sale that started coming up. Though it was not dead zone for me, I realised I have lost pretty big amount in the process of wanting quick profits. In fact it was ICO so it was not even quick Money but it was shit money and it was a shot worth nothing. That’s really sad one. Later, I started mining operation and it was real deal. Though I’m dipping as the market goes up and down all the time, however it’s still worth it and I’m getting up on my feet from every situation.
December 27, 2022, 10:28:35 AM
We all have ups and downs in life. If you are old enough, there must be some painful period that you thought you'd never get over but actually you did. What was your lowest point in life ? Especially when it comes to finanical difficulties ? How did you survive ?
My lowest point was back to study overseas in XXX country decades ago. At the time, my moeny was robbed and the school kicked me of dormitory due to the overdue fees. I was reluctant to ask money from my parents and I was collecting garbage food for nearly two months to survive. Luckily one of my friends at church helped me find a part-time job and I lived on that little money for a long time. That was really an aweful experience but I am glad I made it through. What is your story ?
I remember back in 2018, I had like $200 worth of BTCs which I earned from campaign signatures and a good friend of mine introduced me to USI-Tech. He explained to me that my BTCs can earn as much as 60% of its value after six (6) months of investing on it, not knowing that it was a ponzi-scheme. I even attended a seminar in our country wherein the owners of USI-TECH discussed its plans and futures.
Fast-forward and after three (3) months, my whole BTC was scammed and I was left with nothing. Unfortunately, $200 in a third-world country is relatively huge and I had to do part-time jobs in order to recover such money.
December 27, 2022, 10:20:42 AM
In most cases i do end up spending over beyond budget whenever am gambling because the more you're gambling the nore it requires fund for you to use in doing so, sometimes one got off beyond control of himself and enjoy gambling having fun even when much money is involved before realizing that alot had gone through the process, I've done this to the very last of my penny at hand before i then came into realization.
December 27, 2022, 10:17:53 AM
I think when I stopped in college and can no longer pay the tuition and can't even get a students loan. I am at that point of time that I went outside the church, sitted down and just cried and telling to the air that I still want to pursue my studies.
Well, it's also due to my recklessness when I was younger and that's why I have to come up to that point of life because I didn't became serious at first when we're living well not until, my parents financial status crashed.
Well, it's also due to my recklessness when I was younger and that's why I have to come up to that point of life because I didn't became serious at first when we're living well not until, my parents financial status crashed.
December 27, 2022, 10:06:15 AM
Gladly until now I haven't suffer lowest point financial in my life, this because I'm not a huge risk taker and I always make sure I have a back up when I want to do a risky thing like gambling or invest in Bitcoin. However I'm not making a lot money too, because my financial quite steady due to my personality. Maybe there's will be an one point I will face it, but I'll make sure to learn every scam technique in order to prevent from it.
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December 27, 2022, 03:56:36 AM
We all have ups and downs in life. If you are old enough, there must be some painful period that you thought you'd never get over but actually you did. What was your lowest point in life ? Especially when it comes to finanical difficulties ? How did you survive ?
Quote
My lowest point was back to study overseas in XXX country decades ago. At the time, my moeny was robbed and the school kicked me of dormitory due to the overdue fees. I was reluctant to ask money from my parents and I was collecting garbage food for nearly two months to survive. Luckily one of my friends at church helped me find a part-time job and I lived on that little money for a long time. That was really an aweful experience but I am glad I made it through. What is your story ?
I have not experienced a more painful story like the one you are telling. Because I always try to find ways to continue to earn money when I'm dying in life, because I feel that no one wants to help me when I'm having a hard time so I just try to work hard to support myself until now. I hope that experience will make you stronger and I hope to never experience something like that in the future. 
December 27, 2022, 03:29:56 AM
Went almost 100% on a shitcoin in 2016 that caused me to basically start over. Bounced back in 2017 by creating online businesses and went high allocation on bitcoin.
While I would've been in a far better place today if I didn't mess up in 2016 (still haunts me a bit, not gonna lie), there's nothing for me to do than to accept that huge loss as an expensive lesson and just move on.
While I would've been in a far better place today if I didn't mess up in 2016 (still haunts me a bit, not gonna lie), there's nothing for me to do than to accept that huge loss as an expensive lesson and just move on.
December 27, 2022, 03:11:20 AM
We all have ups and downs in life. If you are old enough, there must be some painful period that you thought you'd never get over but actually you did. What was your lowest point in life ? Especially when it comes to finanical difficulties ? How did you survive ?
My lowest point was back to study overseas in XXX country decades ago. At the time, my moeny was robbed and the school kicked me of dormitory due to the overdue fees. I was reluctant to ask money from my parents and I was collecting garbage food for nearly two months to survive. Luckily one of my friends at church helped me find a part-time job and I lived on that little money for a long time. That was really an aweful experience but I am glad I made it through. What is your story ?
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