You want to improve your finances so here is the best ever advice for you - page 4.

Felicity_Tide

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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.

It's a good advice. I think the problem with people these days is that they prefer to get themselves involved in multiple things without settling and mastering with one first. It's just like multitasking oneself, when you aren't even settled with just one. Even though we encourage getting more than one source of income, it's not still ideal to start distracting yourself by trying to acquire information or concentrate on other job opportunities when you haven't fully settled with one.

GiftedMAN

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

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.

Op, I don't think it's if one should focus more on what works for the person which if I'm not mistaken this is the point you are trying to make but don't you think there are certain things one should look at for even though they have no idea of what it is, well everyone may not agree with you and likewise me I think there's nothing wrong with doing something and trying to figure out another way forward just to have other sources of income.
If you can multi task your and do things very well don't limit yourself to do so but if you think you are comfortable doing a particular job or skill then you should focus on improving on the skills so you keep getting better.

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Quote from: Questat on November 12, 2024, 10:31:35 AM

Just work hard and smartly, then save and invest. If that works for others, for sure it will also work for majority of us here. Don’t rush into huge capital investment but start with a smaller one. Once your business or investment prosper and get established, then re invest again. As long as you don’t stop saving and re investing, that will definitely improve your finances and even accumulate wealth in the future.

It takes a lot of business mental stamina to be able to withstand the urge to spend money especially when you have them in your possession and can cash them out. I can say I was one of those who had the thinking of saying that you needed to have a big business or huge capital before you can save or invest your money. It may not be true for the first thought like one saying his reasons for not saving his funds is as a result of lack of finances due to underpaying jobs but it is still valid especially the fact that we're in a difficult economic situation around the world now where inflation has eaten up the entire market.

You seriously need a good paying job or business to be able to reinvest your incomes. Small and medium businesses aren't working for the majority any longer. So when you don't carefully select and of course have the money to invest in a well established business, the risk will be too much.

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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.

This is a good post that you've made, short but precise and meaningful. It's true that someone who wants to have a better life should be focusing on the trade that they've been doing. And with the current skillset that they have, they have to cultivate that and make something out of it because the longer they do it, the better that they will be. Stop doing being a jack of all trades for the meantime if you're not yet a master of anything. You can be one of those when you're all set or if you want to do something for your life and change things on how you usually deal with. So being a specialists on what we do is the best way to start your career of and when you're the best in what you do, you get paid the most.

el kaka22

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"Just do it better", that is the most inspirational quotes I have ever heard in my life, lol. I mean it's obvious that we should do as good of a job as we can, that doesn't mean we are going to get rich. The good thing, we are all here now, in the bitcointalk forum, so that means we are interested in bitcoin and crypto, and if you could make some good investments, you could make some profit during this bull run.

We are on a bull run as everyone can see, which means that we should be able to make some good profit from this, and that could be something that will benefit everyone. The best part about bitcoin is that everyone can join and make money based on what they have, even if you have very little, you could still make some money. This is how things grow and get better, and we are going to reach those levels without a doubt. I think the return for something like this shouldn't be a big deal, we need to hopefully get a better result eventually.

Minor Miner

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Quote from: coin-investor on November 12, 2024, 09:29:55 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.

There's no guarantee making profit from cryptocurrency, which is why experts advised to only invest what you can afford to lose, if you want your finances to get better diversify is the key never rely in one source of income especially if the one source of income you are relying is very volatile.
Its ok to invest in cryptocurrency, but look at other businesses; don't put all your eggs in one basket. This is what successful businessmen and tycoons are doing.

Cryptocurrency is just an example the OP gave, the main point he is making is that we should focus on our current job as best we can and that is absolutely true. Many people are working but are not focused and do not put in their best effort to complete their main job, and they often have the mindset of looking for something that can earn more money. That is not wrong but even with the job that brings them the main income but they still cannot do well and complete that job well, then how can we ensure that they will do better than other jobs?

But it also depends on the job we are doing because if it is not a good job and not our expertise then it is not wrong for us to try to find a better job. It all depends.

Questat

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Just work hard and smartly, then save and invest. If that works for others, for sure it will also work for majority of us here. Don’t rush into huge capital investment but start with a smaller one. Once your business or investment prosper and get established, then re invest again. As long as you don’t stop saving and re investing, that will definitely improve your finances and even accumulate wealth in the future.

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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.

There's no guarantee making profit from cryptocurrency, which is why experts advised to only invest what you can afford to lose, if you want your finances to get better diversify is the key never rely in one source of income especially if the one source of income you are relying is very volatile.
Its ok to invest in cryptocurrency, but look at other businesses; don't put all your eggs in one basket. This is what successful businessmen and tycoons are doing.

Rruchi man

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

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.

In a general sense, it does not always go like this. Sometimes you need to seek for something more if what you have has a prospect that is not promising after evaluation. There are some businesses that their one profit made is equivalent to many profits gathered by another business. Such businesses can do better even in harsh economic situations.

If your business or skills is something that has good prospects, focusing on improving on it to do and earn better should be the target.

icalical

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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, from what I have learned, Improvement without looking out for new opportunities and diversification creates drag in growth. The crypto investments are great, but the market is quite volatile and does not give an easy way towards wealth. Lately, it has been recorded that diversification provides stability, lessening risks due to the shifting economy where different markets face unique challenges.

You also need to keep your finger on the pulse for regulatory changes in the crypto world. More and more, governments are stepping in with new policies that will have an impact on the value of crypto assets and which platforms or assets will remain viable long-term. Whereas honing your crypto skills is good, balancing with informed diversification might be a wiser strategy.

kotajikikox

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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.

It might be that simple but it is true actually.

Some people are way too impatient about their progress in life but sometimes you have to accept that not everything can happen in an instant but if you just focus and improve steadily, you will see results eventually. We need to make the most of what we have and not look for things we will never be able to have. Directing your focus, effort, and time to the right direction is one of the hardest things to do in life. But it is what you have to do in order to excel. Do not get overwhelmed and never lose focus. Consistency is key.

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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.

Many people have been long time talking about doing a side hustle, some were actually doing it and getting their result from it while some are not even getting anything form it because they are not doing the necessary demand needed, there are many things we can consider to know how we could achieve some targets regarding what we want to see, if only we are giving it what it takes or demands from us to succeed in life.

mindrust

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These are very solid advice. I also want to add that don't be upset just because you missed a train. There are many trains that haven't taken off yet. If one opportunity leaves station, there will be another one arrive soon. There are opportunities everywhere. You just need to learn how to identify them. Stock market, crypto market, commodities... There are still lots of cheap assets waiting to be bought. Read lots of books and don't be afraid to get into the water. Best experience comes from your own failures. No matter how many books you read, there are certain stuff which you can't learn unless you do it yourself.

Fortify

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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.

So, you don't actually have any advice to give? "Do it better" is perhaps some of the most meaningless and unhelpful advice you've managed to come out with so far. Real advice would be something like - financial education is the most powerful tool you'll ever have to work your way up the ladder of life. Learn how credit cards work (so they work in your benefit), understand how the mortgage system works in your country because chances are you'll use it some day, avoid taking on debt if possible - the only good debt is probably a mortgage, understand how compounding works because it is one of the most powerful forces for your investment over a lifetime and get a basic grasp of how business works because it will help you from all angles.

Pokapoka124

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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.

Your English is broken so I do not fully understand all you’re saying. From the little bit I can understand, it seems what you’re saying is that we should develop ourself in a particular skill or field until we become the best at it, that way we will be able to eliminate the competition. That’s good advice but being a professional at a job doesn’t mean you’re going to be rich or that customers will prefer your services over your competitors. There are a lot more factors that affect the growth of a business.

cabron

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If you are good at one thing, yes, you just have to keep things your best, especially if you are already in your 40s. It's hard to get broke at such age unless you are single.

Just live a simple life for now until things get better because the future is very uncertain. last year was the worst and the next may just be as bad. Financial problems are the worst to get through when you have mouths to feed.

robelneo

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

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.

Its's good advice but even if you're earning a lot of money and you're doing well with your business, if you are not in the habit of saving for rainy days and you are spending a lot not commensurate to what you are earning, you will find yourself financially broke if you are a big spender even if you are doing well with your business.
Knowing how to handle your business and being thrifty is the best way to improve one's finances.

franky1

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starting new businesses with no previous experience is a risk. you could get rich or go bankrupt.

however like the OP says if you are already on a income receiving situation where its stable and less risky due to prior involvement., knowledge or experience, there is always options to be more efficient with it to either increase the income or decrease the expenses, so the OP is right to improve finances the least risky option is to make your current situation more efficient

even if you can make a 5% positive adjustment to either income or expense is way better than any standard bank account interest would offer these days, so give it a try, try to make atleast a 5% positive adjustment to your current situation and treat it as a 5%+ bonus interest on your income

Unknown Op

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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.

Resources are very important in life and if any person he has no resource then he will get no respect in our society because in our society,status and money matters a lot . I saw many people who are not educated but they married with educated Women and Educated woman selected him because he is rich person and he is owner of multiple factories. If you are small business owner then debt will hurt you but if you are rich person then you know that how to use other people money. Always invest in anything which will give you returns and always learn how to use debt. That is quality of rich which they hide from poor people and poor people are poor because of that kind of things..

uneng

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It's always a must to improve yourself inside the field of work where you are inserted and proposed to work for. People have the wrong assumption that all they need is a degree for the rest of their lives, while neglecting the fact they have to be constantly updating themselves regards the new technologies, improvements and scientifical discoveries.

However, it's too stressful to try being the best in something you do. It's too much pressure and high expectations for someone to cope with. Therefore, it's better if you focus being among the 20% best professionals inside your field of work. This way you won't feel pressured, while still being among the most demanded ones!

Topic: You want to improve your finances so here is the best ever advice for you - page 4. (Read 721 times)