You want to improve your finances so here is the best ever advice for you

Samlucky O

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Quote from: Waldorf77 on November 10, 2024, 12:44:57 PM

We all doing something currently we might have job side business or actual circle of people in some field.
So what Ever you do just do it better and that's how you get wealth.

of course whatever we do to make money and or what we do and it keeps giving us money should be taken seriously. But let it be a genuine souce of income.

Quote from: Waldorf77 on November 10, 2024, 12:44:57 PM

Stop looking for things what you don't do it but improve those things what you allready doing it Im sure many of you are involved in crypto so get better with crypto.
What Ever you do it now just get better on this you don't need to search for things what to start just improve things what you have now.

Getting into crypto does not guarantee getting better. In as much as Investing in bitcoin is profitable, we should also not forget that it's a risky investment which profit gotten from it will take a whole lot of time before profit can be achieved. Infact investing in cryptocurrency is not a simple way of getting wealth you must be patient with your investment to succeed. And it must be Bitcoin and not crypto.

justdimin

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Quote from: red4slash on November 15, 2024, 12:42:40 PM

IMHO in this case we also don't need to be so afraid of debt that we don't need the word debt when we want financial growth because after all, debt is still one of the factors that can make financial growth better.

What needs to be straightened out in this case does not mean that we should not be in debt but we must know the basis of our qualifications whether we can utilise debt or loans properly or not.
Debt can actually be positive if we know how to manage it, it's just that most people who borrow (owe) sometimes cannot manage the money borrowed into benefits for them which makes them trapped in the debt they have.

So by looking at this it is important for us whether we are able or not to utilise loans. If we feel that we are not able to do that then we should never borrow because it has the potential to make you ruined but on the contrary when we know our purpose in borrowing (owing) and it can be one of the potentials to benefit ourselves in the future there is actually no problem if we really want to borrow.

Debt has been quite troubled in peoples minds and that's something that shouldn't have happened and we need to realize that this is why most rich people are rich and most poor people are poor. In reality debt is something rich people use to grow and they are making regular people use debt to purchase their products. The difference between a rich person and a poor person? A rich person would take out a loan to buy machinery to make a phone, and a poor person would take a loan to buy that phone.

This is the difference, and I have seen plenty of "rich" people who live small life, well small for their wealth at least, because they do not use their money for personal reasons, they do not buy mansions, they do not hire bunch of assistants and maids and chefs or whatever, those are done by people who are not real wealthy, those are people who want to look like they are rich and belong to rich club. Real rich people would use not only all their money, but also even debt, to grow and make more income.

AmoreJaz

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Quote from: red4slash on November 15, 2024, 12:42:40 PM

Quote from: Zackz5000 on November 15, 2024, 03:16:35 AM

Debts shouldn't be in our thoughts if we want to grow up financially it is good to start from little and be consistence in what you do as your source of income, and do not also borrow money to people if you really want to improve your finance from your business source as some may not be able to pay back and by having different sources of income is also good option to improve your finance.

IMHO in this case we also don't need to be so afraid of debt that we don't need the word debt when we want financial growth because after all, debt is still one of the factors that can make financial growth better.

What needs to be straightened out in this case does not mean that we should not be in debt but we must know the basis of our qualifications whether we can utilise debt or loans properly or not.
Debt can actually be positive if we know how to manage it, it's just that most people who borrow (owe) sometimes cannot manage the money borrowed into benefits for them which makes them trapped in the debt they have.

So by looking at this it is important for us whether we are able or not to utilise loans. If we feel that we are not able to do that then we should never borrow because it has the potential to make you ruined but on the contrary when we know our purpose in borrowing (owing) and it can be one of the potentials to benefit ourselves in the future there is actually no problem if we really want to borrow.

Debt will only be on the negative side if you will use it to grow your money like putting up your own business. Otherwise, having debt will be a nightmare especially if you it has high interest rate and you have no other means but only your regular income to pay for your loan.

red4slash

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Quote from: Zackz5000 on November 15, 2024, 03:16:35 AM

Debts shouldn't be in our thoughts if we want to grow up financially it is good to start from little and be consistence in what you do as your source of income, and do not also borrow money to people if you really want to improve your finance from your business source as some may not be able to pay back and by having different sources of income is also good option to improve your finance.

IMHO in this case we also don't need to be so afraid of debt that we don't need the word debt when we want financial growth because after all, debt is still one of the factors that can make financial growth better.

What needs to be straightened out in this case does not mean that we should not be in debt but we must know the basis of our qualifications whether we can utilise debt or loans properly or not.
Debt can actually be positive if we know how to manage it, it's just that most people who borrow (owe) sometimes cannot manage the money borrowed into benefits for them which makes them trapped in the debt they have.

So by looking at this it is important for us whether we are able or not to utilise loans. If we feel that we are not able to do that then we should never borrow because it has the potential to make you ruined but on the contrary when we know our purpose in borrowing (owing) and it can be one of the potentials to benefit ourselves in the future there is actually no problem if we really want to borrow.

Antotena

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Quote from: Waldorf77 on November 10, 2024, 12:44:57 PM

We all doing something currently we might have job side business or actual circle of people in some field.
So what Ever you do just do it better and that's how you get wealth.
Stop looking for things what you don't do it but improve those things what you allready doing it Im sure many of you are involved in crypto so get better with crypto.
What Ever you do it now just get better on this you don't need to search for things what to start just improve things what you have now.

I saw something similar like this somewhere, I don't know where exactly but it's from a podcast about financial development. Someone ask how he can turn his ₦5M into investment and build more wealth and the person responded that whatever you do that fetch you the ₦5M is what you should continue doing and the host jokingly replied what if "it was a stolen money"? and the man said continue stealing more so you can build more financial wealth. Cheesy

I understand the man very well, some of us deviate quickly because we see others are doing well in what they do and ignore what we do completely. If what you do is fetching you huge amount of money, don't leave that to start another investment or business you are not ready to handle. Continue to do that one and the perhaps start another one, while giving attention to that one, you can be doing new one and keep tackling any challenge that comes with it, that's how you build wealth.

Cryptomultiplier

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Quote from: crwth on November 14, 2024, 11:54:42 AM

So, what you are trying to say is that you should do the best that you can in what you are already good at and do even better, even if it is your best. That’s really somewhat redundant, but I understand that you are trying to say it because that’s the best way that you could be needed in the world, and then you could get the funding that you need if you continue.

Do your best, and then let your value do the talking. That’s a good thing, in my opinion.

I understand the importance of having value in this day and age where everyone is running after money without giving a thought to how they can make profit from being valued in a particular field of expertise.
Being consistent with results is a good thing for even recruiters and managers who know how much efficiency is worth to a company and above all, I believe that anyone would find true and pure wealth when they become kings or persons of value in their area of hustle or work or dominance.

Zackz5000

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Quote from: mirakal on November 11, 2024, 07:45:00 AM

There’s always room for improvement so never waste opportunities to improve what you have been doing, financially or whatever aspects in your life. Also, never get tired of increasing your income. If you can have one or two side hustles aside from your main source of income, much better. The more you build and stabilize your sources of income, the more you will generate profits. And last, reduce or as much as possible avoid taking debts. While it can be helpful at some point, but it can also ruin your plans and goals if you fail to control your limits.

Debts shouldn't be in our thoughts if we want to grow up financially it is good to start from little and be consistence in what you do as your source of income, and do not also borrow money to people if you really want to improve your finance from your business source as some may not be able to pay back and by having different sources of income is also good option to improve your finance.
Also make sure what ever you are doing as means of living your capital shouldn't be temper also learn how to say no when even it comes to giving out money to people because of their sorrowful story believing they will pay back they actually went to see a successful business man run down so they may laugh at you at the end.

Alone055

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Quote from: eightdots on November 14, 2024, 11:52:08 AM

It may be better to improve yourself in the job you are doing than to look for a new job or do something else. This is not always true, but being good at something and improving yourself is always an advantage. Those looking for another job may be missing out on the opportunity to improve themselves in the job they are doing. This is a big deal in business and the economy, and choices can determine your future.

That's a good point. People should only lose focus on what they are doing for something else when they feel that they are not able to do what they are doing very well, but they can do better at what they are willing to do. If you know you can improve what you are doing right now, it's always a better choice to keep your focus on it and improve your qualities and abilities in what you are doing, be better than others at what you do, and you won't need to look for other jobs, you will be in demand if you are doing something better than anyone else around you.

It is pointless to leave one thing for another if you are average in both; this will only divide your focus, and you will eventually fail in both areas. If you are into something you are average at and want to get into something that you know you are better at, stop doing the first one and get into the second and have your complete focus on that.

Some people don't get it, but you can't be too good at something if you have your focus on other things as well. It's all about focus, will, and determination that can make you reach new heights in something you are doing.

crwth

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So, what you are trying to say is that you should do the best that you can in what you are already good at and do even better, even if it is your best. That’s really somewhat redundant, but I understand that you are trying to say it because that’s the best way that you could be needed in the world, and then you could get the funding that you need if you continue.

Do your best, and then let your value do the talking. That’s a good thing, in my opinion.

eightdots

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Quote from: aioc on November 14, 2024, 11:24:49 AM

Quote from: Waldorf77 on November 10, 2024, 12:44:57 PM

Stop looking for things what you don't do it but improve those things what you allready doing it Im sure many of you are involved in crypto so get better with crypto.
What Ever you do it now just get better on this you don't need to search for things what to start just improve things what you have now.

Cryptocurrency is good, but its not something you can solely rely on. Remember, it's highly volatile. You may be making a profit today, but you may not the next day, or you'll get burned after a few days, so its better to diversify and learn other business stuff to sustain you and grow your finances.
I don't agree with focusing on one thing; 3 to 4 businesses as long as you can keep up is good, so if one underperformed, you have 2 or 3 to rely on and make up for your other losses.

It may be better to improve yourself in the job you are doing than to look for a new job or do something else. This is not always true, but being good at something and improving yourself is always an advantage. Those looking for another job may be missing out on the opportunity to improve themselves in the job they are doing. This is a big deal in business and the economy, and choices can determine your future.

It is good to have more than one job, but it is good if you can do one job to the best of your ability. Doing other jobs without doing one job to the best of your ability can cause problems. These examples do not always happen as advertised, but one thing to consider is good planning.

aioc

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Quote from: Waldorf77 on November 10, 2024, 12:44:57 PM

Stop looking for things what you don't do it but improve those things what you allready doing it Im sure many of you are involved in crypto so get better with crypto.
What Ever you do it now just get better on this you don't need to search for things what to start just improve things what you have now.

Cryptocurrency is good, but its not something you can solely rely on. Remember, it's highly volatile. You may be making a profit today, but you may not the next day, or you'll get burned after a few days, so its better to diversify and learn other business stuff to sustain you and grow your finances.
I don't agree with focusing on one thing; 3 to 4 businesses as long as you can keep up is good, so if one underperformed, you have 2 or 3 to rely on and make up for your other losses.

pusaka

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Quote from: Rockstarguy on November 14, 2024, 08:37:02 AM

Quote from: Waldorf77 on November 10, 2024, 12:44:57 PM

We all doing something currently we might have job side business or actual circle of people in some field.
So what Ever you do just do it better and that's how you get wealth.
Stop looking for things what you don't do it but improve those things what you allready doing it Im sure many of you are involved in crypto so get better with crypto.
What Ever you do it now just get better on this you don't need to search for things what to start just improve things what you have now.

Well, this is not a bad advice. All you are trying to say is for one to be focused and consistent in whatever we found ourselves doing, this is not bad and I think with this character one will be able to achieve good productivity on what they do. But what you have said here is totally different from the tittle of the thread. One maybe doing very well with what they do but it doesn't mean it will improve their finance, like for instance an employee who is very good and focused at the job he or she does and being paid for a specific amount, it doesn't mean it will improve the finance of the person.

I think this topic is something that is broad which you need to breakdown how people can be able to improve their finance by doing what they are into better.

Yes, this is a good suggestion, it is better to do one job but we are serious and consistent in doing it, rather than having many jobs but we do them half-heartedly or are not serious in managing them. That will make us unable to get maximum profit. So I think what is said here is true.
Now if you want to have many activities or have several sources of income, I think we have to do it slowly. I mean we have to do it one by one, such as for example we create a business after we succeed we entrust it to someone else who we believe can manage it well, that way we can run another business that we can do seriously until it succeeds too.

Rockstarguy

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Quote from: Waldorf77 on November 10, 2024, 12:44:57 PM

We all doing something currently we might have job side business or actual circle of people in some field.
So what Ever you do just do it better and that's how you get wealth.
Stop looking for things what you don't do it but improve those things what you allready doing it Im sure many of you are involved in crypto so get better with crypto.
What Ever you do it now just get better on this you don't need to search for things what to start just improve things what you have now.

Well, this is not a bad advice. All you are trying to say is for one to be focused and consistent in whatever we found ourselves doing, this is not bad and I think with this character one will be able to achieve good productivity on what they do. But what you have said here is totally different from the tittle of the thread. One maybe doing very well with what they do but it doesn't mean it will improve their finance, like for instance an employee who is very good and focused at the job he or she does and being paid for a specific amount, it doesn't mean it will improve the finance of the person.

I think this topic is something that is broad which you need to breakdown how people can be able to improve their finance by doing what they are into better.

Dr.Bitcoin_Strange

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Quote from: franky1 on November 13, 2024, 02:17:04 PM

Quote from: Dr.Bitcoin_Strange on November 13, 2024, 10:08:12 AM

It's not a bad advice and it's pretty reasonable to focus ones energy on a few particular things which one is certain that if they do that thing very well, they will be successful. That's how success comes. Believing in what you are doing is one way to archive your results.

believing does not increase success as much as the DOING part does

many people sit around not trying and just believe money will arrive. if people just do something a little more, then more money is possible.

if they do more work it may not get them the belief of a pay rise when they have a employment review, but doing nothing and just believing they deserve a payrise is even less likely

setting a savings target and just believing it will happen is less likely than if you actually done something to decrease your costs to actually save.
...
too many people concentrate on the belief, faith, tryst, prayer parts of motivational speeches, but then dont get motivated physically

You are absolutely right, Sir Franky1. Thanks for throwing more light here.

Especially on the side of some persons, they believe that in faith and payers, what they desire can just come to them but you are right that believing doesn't do much as doing does.

beerlover

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Quote from: Lanatsa on November 13, 2024, 02:55:08 AM

Not a bad advise but this is something that wont really be that effective to anyone on where you do focus into you passion on doing something on which it is really that indeed suggestable but not all would really be successful into this kind of approach on which there would really be those people who do really end up on failing despite of the dedication that you do able to apply. This is where you would really be deciding on trying out to test other field on which you do know that it could really be potentially be able to make yourself having that kind of opportunity on finding to be effective on your part. You wouldnt really be able to find out until you would really be able to prove out into yourself.

Yeah, there are plenty of us out there who do not really do stuff for just money. I have a job, and I love my job, and I do not want an extra job, that makes no sense to me, I already have a job that I make money on, and if I ever get a second job then it would be too much stress and I won't be able to do it. I just need to relax a bit and start to care about what I can do on the long run, and I believe that we are going to see this changing for the long term as well, so we can't really see this changing right now.

I believe, if we could just get a hobby, not for money purposes but for fun purposes, then we may not make any money at all, but we would be happier. Like I have a friend who likes to hike, he can't make money on hiking, but he is quite happy to do that every weekend, and it makes him a much happier person.

I can't even imagine hiking would be fun for me lol, but I can understand why he would be considering that as something that is important for him. I believe we are going to see this being important for people, not always do something for money, have a stable job of course and an income but inside of a side-gig just do whatever makes you happier. If that thing makes you money, that would be lovely, but that part is not a must.

alastantiger

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Quote from: Waldorf77 on November 10, 2024, 12:44:57 PM

We all doing something currently we might have job side business or actual circle of people in some field.
So what Ever you do just do it better and that's how you get wealth.
Stop looking for things what you don't do it but improve those things what you already doing it I'm sure many of you are involved in crypto so get better with crypto.
What Ever you do it now just get better on this you don't need to search for things what to start just improve things what you have now.

Not exactly as you say because you might be doing the wrong thing and it won't be giving you wealth, increasing your time spent doing that same wrong thing still won't make you wealthy hence you would be wasting your time. There are things giving people money and that is what you should be doing. For those not into cryptocurrency but I doubt any one here isn't since this is a cryptocurrency forum hence everybody here have something to do with cryptocurrency.

But there are other things that can make you wealth like Real estate hence if we're not into it yet, we should look for a way to develop interest because Real estate is a good way to build long lasting weath. Don't stop cryptocurrency but diversify the profits you make and start investing in real estate and in some years, you'll be rich that you won't have the work again for money.

JunaidAzizi

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Quote from: Waldorf77 on November 10, 2024, 12:44:57 PM

We all doing something currently we might have job side business or actual circle of people in some field.
So what Ever you do just do it better and that's how you get wealth.
Stop looking for things what you don't do it but improve those things what you allready doing it Im sure many of you are involved in crypto so get better with crypto.
What Ever you do it now just get better on this you don't need to search for things what to start just improve things what you have now.

Success is the name of commitment and dedication through which a person achieves their goals. It's not a single-day progress where you achieve success, but rather a chain, and this commitment and dedication serve as support that helps a person to grasp their objectives. It does not matter what you are doing, whether it has a scope or not, give your full energy to it and do not make excuses under any circumstances. When you focus on your goal and give your full efforts, even if that thing has no scope, through your efforts, it will be highlighted to the world. Many people will meet you on your journey, some will discourage you and zoom in on your chances of failure, trying to scare you, but hold your route tightly, and one day you will be at the place you want to be.

franky1

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Quote from: Dr.Bitcoin_Strange on November 13, 2024, 10:08:12 AM

It's not a bad advice and it's pretty reasonable to focus ones energy on a few particular things which one is certain that if they do that thing very well, they will be successful. That's how success comes. Believing in what you are doing is one way to archive your results.

believing does not increase success as much as the DOING part does

many people sit around not trying and just believe money will arrive. if people just do something a little more, then more money is possible.

if they do more work it may not get them the belief of a pay rise when they have a employment review, but doing nothing and just believing they deserve a payrise is even less likely

setting a savings target and just believing it will happen is less likely than if you actually done something to decrease your costs to actually save.
...
too many people concentrate on the belief, faith, tryst, prayer parts of motivational speeches, but then dont get motivated physically

Zlantann

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Quote from: Dr.Bitcoin_Strange on November 13, 2024, 10:08:12 AM

It's not a bad advice and it's pretty reasonable to focus ones energy on a few particular things which one is certain that if they do that thing very well, they will be successful. That's how success comes. Believing in what you are doing is one way to archive your results.

There is also a place of improvement and advancement in all areas of business and career. The world is dynamic and there are always new ways of performing tasks easier, economical and faster. Hence as workers or business owners will have to adopt these advanced and better ways of accomplishing tasks to enable us beat competitors or be relevant in our workplace.

But there is also need to diversify our skills and income to different areas. So it is not wrong to discover and maximize opportunities to make money. These day investing in artificial intelligence look viable and tapping into these opportunities might not be wrong.

Dr.Bitcoin_Strange

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It's not a bad advice and it's pretty reasonable to focus ones energy on a few particular things which one is certain that if they do that thing very well, they will be successful. That's how success comes. Believing in what you are doing is one way to archive your results.

Topic: You want to improve your finances so here is the best ever advice for you (Read 411 times)