This is why financial literacy is a big thing, there’s a quote saying that it’s not about how much you make or get from your salary that will make you liquid, its about how much you save. This has been my way of reminding myself not to spend beyond my limit, because I’m been through this situation already and I know the stress of spending too much. If you really want to become rich, you should know how to control your finances and stay rich for good.
A big yes for this, financial literacy will take you to a better place and no matter how much money you have its useless if you don’t know how to spend it wisely. Investing is a good thing, but the question is what are you going to do if you already achieve your financial goal? Having a good discipline is very important and we should not forget about this one while we are busy looking for other source of income. 
Topic: You don't earn money only from others, but also when you avoid spending your own - page 4. (Read 1287 times)
August 06, 2022, 04:58:02 PM
August 06, 2022, 04:49:33 PM
Usually people get anxious and frenetic for new sources of income, to find new jobs, so they can maximize their patrimony as soon as possible, but many of them forget you don't accumulate wealth only when receiving money or being paid by others for a work. We can also decrease our expenses and stop third-partying tasks we can do ourselves, so at the end of a monthly cycle we will have earned more money to invest and make it grow overtime.
People create so many worthless fixed expenses nowadays. It can be monthly subscriptions of services they barely use, eating out too often, purchasing superfluous clothes, accessories and items in general just for vanity towards the society. Sometimes people have all the tools they need on their hands to finish a solid building, however, since they don't know how to use them properly, it will look like they constantly need more and more tools indefinitely.
It takes hard for people to realize that money is not gain through jobs or investments only, but also for having good discipline to earn by focusing on what is needed and get rid of those that are not essentials. Earning is one first step to save penny for future use. However, I believe that you could earn more and save more if you also have stable job or good investments that can provide you another source of income. That way, you will attain financial independence faster and easier.People create so many worthless fixed expenses nowadays. It can be monthly subscriptions of services they barely use, eating out too often, purchasing superfluous clothes, accessories and items in general just for vanity towards the society. Sometimes people have all the tools they need on their hands to finish a solid building, however, since they don't know how to use them properly, it will look like they constantly need more and more tools indefinitely.
August 06, 2022, 04:48:01 PM
Usually people get anxious and frenetic for new sources of income, to find new jobs, so they can maximize their patrimony as soon as possible, but many of them forget you don't accumulate wealth only when receiving money or being paid by others for a work. We can also decrease our expenses and stop third-partying tasks we can do ourselves, so at the end of a monthly cycle we will have earned more money to invest and make it grow overtime.
People create so many worthless fixed expenses nowadays. It can be monthly subscriptions of services they barely use, eating out too often, purchasing superfluous clothes, accessories and items in general just for vanity towards the society. Sometimes people have all the tools they need on their hands to finish a solid building, however, since they don't know how to use them properly, it will look like they constantly need more and more tools indefinitely.
It takes hard for people to realize that money is not gain through jobs or investments only, but also for having good discipline to earn by focusing on what is needed and get rid of those that are not essentials. Earning is one first step to save penny for future use. However, I believe that you could earn more and save more if you also have stable job or good investments that can provide you another source of income. That way, you will attain financial independence faster and easier. People create so many worthless fixed expenses nowadays. It can be monthly subscriptions of services they barely use, eating out too often, purchasing superfluous clothes, accessories and items in general just for vanity towards the society. Sometimes people have all the tools they need on their hands to finish a solid building, however, since they don't know how to use them properly, it will look like they constantly need more and more tools indefinitely.
August 06, 2022, 04:24:36 PM
Exploring alternative means of income does not necessarily involve getting a new job or venturing into a new asset but it also involves limiting nonsensical expenditures on your part. I think it is essential that people should determine their wants versus their needs; the latter being the more essential in terms of priority in spending compared to the former.
If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.
This is what I used to think as well. I always looked for more income because I believed that if I could make a tons of money then I could retire easily and I wouldn't have this problem. However, soon I realized that while I was working hard to make a lot of money for myself, then it hit me, I was missing life and I was spending 20 hours a day making money that I wouldn't be even spending.If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.
This is why I need to just reel that back in, and hope that I didn't do anything wrong to my health or my mind, and I am working a normal job now. I love the fact that I do not have to worry about anything extra anymore and I love my job anyway, so it doesn't feel like "work" after all. I want to write a book one day, maybe I will work hard on that again but that’s it.
August 05, 2022, 03:22:06 PM
That is a good approach but there are people who love their jobs so much that they actually consider that as a life and they enjoy it. I know a friend who is a lawyer, and he works day and night on being the best lawyer he could be, and that means very late hours as well. He is a single guy so there is nobody to go back to at home, actually his home is quite like an office with just one room for a bed, because all he does is work on his cases. He makes a ton of money, he could literally retire at 35, but he doesn't consider it as a money thing. He loves winning a case and that's all he works for, he wants to keep on winning forever and as long as he does, he is going to do it.
there are robbers around us who are always looking for opportunities to steal people's money They are the most hideous of all - people with the heart of stone. Those who are willing to harm people and are ready to get the last Penny from their pocket.
August 02, 2022, 03:39:03 PM
Exploring alternative means of income does not necessarily involve getting a new job or venturing into a new asset but it also involves limiting nonsensical expenditures on your part. I think it is essential that people should determine their wants versus their needs; the latter being the more essential in terms of priority in spending compared to the former.
If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.
This is what I used to think as well. I always looked for more income because I believed that if I could make a tons of money then I could retire easily and I wouldn't have this problem. However, soon I realized that while I was working hard to make a lot of money for myself, then it hit me, I was missing life and I was spending 20 hours a day making money that I wouldn't be even spending.If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.
This is why I need to just reel that back in, and hope that I didn't do anything wrong to my health or my mind, and I am working a normal job now. I love the fact that I do not have to worry about anything extra anymore and I love my job anyway, so it doesn't feel like "work" after all. I want to write a book one day, maybe I will work hard on that again but that’s it.
August 02, 2022, 03:06:01 PM
Exploring alternative means of income does not necessarily involve getting a new job or venturing into a new asset but it also involves limiting nonsensical expenditures on your part. I think it is essential that people should determine their wants versus their needs; the latter being the more essential in terms of priority in spending compared to the former.
If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.
This is what I used to think as well. I always looked for more income because I believed that if I could make a tons of money then I could retire easily and I wouldn't have this problem. However, soon I realized that while I was working hard to make a lot of money for myself, then it hit me, I was missing life and I was spending 20 hours a day making money that I wouldn't be even spending.If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.
This is why I need to just reel that back in, and hope that I didn't do anything wrong to my health or my mind, and I am working a normal job now. I love the fact that I do not have to worry about anything extra anymore and I love my job anyway, so it doesn't feel like "work" after all. I want to write a book one day, maybe I will work hard on that again but that’s it.
However that is not how they want us to live, they wants us to consume just for the sake of consuming and such a lifestyle is not only incredibly wasteful but very difficult to maintain, however if you can control those impulses and control your spending very soon you will realize that you do not need to work as hard and deteriorate your health in the process, while at the same time you will have more time to enjoy your life and you can even retire early with all the money you can save and invest.
August 02, 2022, 08:19:21 AM
Exploring alternative means of income does not necessarily involve getting a new job or venturing into a new asset but it also involves limiting nonsensical expenditures on your part. I think it is essential that people should determine their wants versus their needs; the latter being the more essential in terms of priority in spending compared to the former.
If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.
This is what I used to think as well. I always looked for more income because I believed that if I could make a tons of money then I could retire easily and I wouldn't have this problem. However, soon I realized that while I was working hard to make a lot of money for myself, then it hit me, I was missing life and I was spending 20 hours a day making money that I wouldn't be even spending.If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.
This is why I need to just reel that back in, and hope that I didn't do anything wrong to my health or my mind, and I am working a normal job now. I love the fact that I do not have to worry about anything extra anymore and I love my job anyway, so it doesn't feel like "work" after all. I want to write a book one day, maybe I will work hard on that again but that’s it.
August 01, 2022, 08:00:10 PM
Well saving money is always good because if we save money we can easily get it specially when there is an emergency and we badly need money we can get it easily from our saving and we can save the possible interest of the possible loans that we might get because of the emergency reason.
August 01, 2022, 12:37:17 PM
Of course we cannot rely on others, we must be productive by doing various efforts or work in order to survive, World Bank reports say that the economic crisis and recession will occur until the long run, the best thing besides reducing expenses is to continue to be active to increase income.
Agreed - at least I dont look up to anyone for any help and that is the best decision I have made in this year. You learn with the passage of time that you are only your true friend - live by rule and you will be good to excel in life.
August 01, 2022, 09:03:02 AM
Of course we cannot rely on others, we must be productive by doing various efforts or work in order to survive, World Bank reports say that the economic crisis and recession will occur until the long run, the best thing besides reducing expenses is to continue to be active to increase income.
August 01, 2022, 06:40:10 AM
People create so many worthless fixed expenses nowadays. It can be monthly subscriptions of services they barely use, eating out too often, purchasing superfluous clothes, accessories and items in general just for vanity towards the society. Sometimes people have all the tools they need on their hands to finish a solid building, however, since they don't know how to use them properly, it will look like they constantly need more and more tools indefinitely.
I wholeheartedly agree with you.
Exploring alternative means of income does not necessarily involve getting a new job or venturing into a new asset but it also involves limiting nonsensical expenditures on your part. I think it is essential that people should determine their wants versus their needs; the latter being the more essential in terms of priority in spending compared to the former.
If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.
legendary
Activity: 2716
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August 01, 2022, 01:36:19 AM
yes it is commonplace, shopping is an absolute thing but saving is a choice. the income coming in may not exactly equal what you get but being able to split between investment, need and what is spent, it should be an ideal arrangement for managing fiat holdings.
except, that the profit taken is net and can be used for expenses.
The net profit in each month must also be known so that everyone knows how much they can spend to shop for daily necessities and also invest and save for sudden needs when someone becomes sick. So what is common to know is net income or net profit so that everyone can separate authorized capital and other finances that are used suddenly. except, that the profit taken is net and can be used for expenses.
August 01, 2022, 12:49:31 AM
It's just a matter of self-discipline. Once you earn or receive a huge amount of funds, you should automatically allocate enough savings to keep. You have to know your spending limits and keep yourself away from things that you don't really need. Spend wisely and handle your funds the smart way because you will also be the one who will benefit in the end. Always think of your future.
and you are good at spending with what you need and what you want. Along the way, lots and lots of spare will be converted
to a good amount enough to invest or to allocate for your needs.
Learn this kind of attitude, then you'll be able to manifest with the right thing for financial securities.
July 31, 2022, 06:38:22 PM
(...)
Many useless things appear, and many people indulge in blind preconceptions that it is their own ideal and purpose in life. But if we are not enlightened, we cannot see ourselves as instruments for others to manipulate for their own benefit. Growing and evolving in a more beneficial way doesn't mean everything is perfect, as they always come with various trade-offs to achieve. I learned to be satisfied and grateful for the things I do. Life has taught us to not get caught up in tasteless pleasures.This is something I have faced recently.
People borrow money and then show attitude as if you are the one indebted to. I have worse expenices - better to stay away from frauds and scam.
July 30, 2022, 08:35:11 PM
(...)
Many useless things appear, and many people indulge in blind preconceptions that it is their own ideal and purpose in life. But if we are not enlightened, we cannot see ourselves as instruments for others to manipulate for their own benefit. Growing and evolving in a more beneficial way doesn't mean everything is perfect, as they always come with various trade-offs to achieve. I learned to be satisfied and grateful for the things I do. Life has taught us to not get caught up in tasteless pleasures. July 30, 2022, 06:07:15 PM
The op is right, this days, making money have become way harder than it used to be, it can take up to a month to make let's say $500, but that same amount can be all spent under 3 minutes due to how expensive commodities, services have become, to be financially independent at this time, it is necessary to apply wisdom to how we spend, there was a time I use to spend so much on subscription of my cable TV which I might not have time to sit and watch even for 1 day until it expires, but recently, the economy of my country have forced me to cut off such type expenses since they bring or add absolutely no value to my pocket or day to day life.
This is not a matter of working hard to afford things like this, I can work hard to afford things that are really important, not ones that mean absolutely nothing or adds no value to my life.
This is not a matter of working hard to afford things like this, I can work hard to afford things that are really important, not ones that mean absolutely nothing or adds no value to my life.
Your example of cable TV subscription is one good example that you are paying for something that you really don't need.
So yes, it is good to re-evaluate your lifestyle and remove things that you think you don't need anymore.
We need to be practical these days as we need to prepare for the possible scenario that we may encounter with.
It is better to prepare rather than not knowing where to get your funds in times of need.
Don't rely on others, it is better if you are more self-sufficient and not worry about what's to come.
July 30, 2022, 04:58:50 PM
Life is short! Hustle hard to be able to afford the things you enjoy.
This seem to me like word on marble, like a wise saying. There is reason in the whole of the things you said before the above line. Truly if you have different means of income and good income, you can well take care of all your needs in life and in fact become a philanthropist, giving to motherless homes and the needy. Having much to spend will is the solution to a miser kind of life as you said life is too short but if you don't have much, then being economical is the option left.
Not everyone who hustles can afford the luxury in life. Some aren't so blessed with the fortune due to the physical and mental limitations. Spending too much with unnecessary things could be one of the reason, but hey we're all human, bringing pleasure to ourselves is inevitable after the long hours of working.
Some people may have hustled so hard, but not fortunate enough to have enough knowledge the value or worth of his skills. Millions of people are suffering underpaid.
we can do about it.If we do see that we do belong into that poor level then it would really be just sensible or common sense that you would really be finding ways for you to make yourself that productive
or finding more source of income since you do have that goal or target in mind that you wont really be sticking to be poor or someone who had been struggling in life when it comes to finances
which it would really be depending or varying on someones efforts and being wise on how to do such things in line.
July 30, 2022, 04:53:40 PM
yes it is commonplace, shopping is an absolute thing but saving is a choice. the income coming in may not exactly equal what you get but being able to split between investment, need and what is spent, it should be an ideal arrangement for managing fiat holdings.
except, that the profit taken is net and can be used for expenses.
except, that the profit taken is net and can be used for expenses.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
July 30, 2022, 04:48:30 PM
The op is right, this days, making money have become way harder than it used to be, it can take up to a month to make let's say $500, but that same amount can be all spent under 3 minutes due to how expensive commodities, services have become, to be financially independent at this time, it is necessary to apply wisdom to how we spend, there was a time I use to spend so much on subscription of my cable TV which I might not have time to sit and watch even for 1 day until it expires, but recently, the economy of my country have forced me to cut off such type expenses since they bring or add absolutely no value to my pocket or day to day life.
This is not a matter of working hard to afford things like this, I can work hard to afford things that are really important, not ones that mean absolutely nothing or adds no value to my life.
This is not a matter of working hard to afford things like this, I can work hard to afford things that are really important, not ones that mean absolutely nothing or adds no value to my life.
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