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

Too many people in the world worked for a while, and while working, also invested in crypto on the side and I believe that's what he is talking about? Not entirely sure to be fair, that's what I assumed, and it's not a job, it's investment so you are right that we can't call it a side job but not everyone speaks English like it's their native language so some people may make those kind of mistakes.

It's true that if you have a normal work, like you go 9 am every day, get out at 5pm every day, that kind of job, then yeah I agree that having crypto investments on the side, check them out when you get home before dinner, is the best method. Let's say you get out of your job at 5pm, at home by 5:30, and eat dinner by 7 pm, there is 1.5 hours left for you before dinner, then you can spend that checking out crypto and making investments. You can keep doing it after dinner too, but I think 1 hour give or take everyday is enough, no need to be obsessed about it.

Cryptocurrency as a concept is not a job but there are plenty of roles associated with crypto that can be defined as a job. You can be a blockchain developer, a market analyst/advisor, project manager, graphic designer, and many more. Crypto is a vast industry that requires different kinds of skills set. You can find an opportunity in every crook and cranny in this industry.

I don't understand what you are talking about, how can someone become rich with a lot of money in a side job, as far as I know crypto is not a job, how do you say crypto is a side job, what do you mean.

If you mean trading, investing in crypto, that's not a job, if you enter the world of crypto, it means you are ready to face the risk of losing, not gaining wealth or economics, not everyone will understand trading or investing, so those who have the knowledge cando it all.

If you want to be rich, open your own business or business, not a side job, by doing business you will determine your own destiny to become rich, you have control in mobilizing your own finances to become rich or poor.

You having a bad mood nigga? That's so blunt and aggressive. I think the guy has some problems with constructing simple English, that's his main challenge and he doesn't throw much light to support his claim.

Back to the topic, it's more rewarding upgrading yourself in your career rather than jumping from one career to another serving survival and success. It limits specialization since there's nothing like Jack of all trade and master of all. Being consistent in a thing creates provision for specialization and advanced creativity and that brings riches in plentiful folds. In all we need to be more consistent, creative and be on the lookout for a problem or two to solve in order to attract financial success and not just doing things the normal way and expecting a different result.

What you said is indeed very reasonable and true, but everyone must first have the intention from their own heart to be successful and make small changes that can influence themselves to continue to struggle through efforts that they are able to do well before going to someone who is able and willing to guide them to be successful. Because the level of success of each person is always different and always different even though the efforts they have made are quite maximum, but everyone must always be more consistent and not discouraged when struggling because the final result is always determined by our own level of perseverance personally.

While people who want to guide us in certain matters will only provide good direction and what we are able to do because that person is not the main driver in the efforts we make even though that person also cares about what we do. So the main driving force is ourselves, which must be started with a strong intention and a clear mind when we start and never complain about the results we get after we struggle with our own ideas and skills.

It is not always important to focus just on one of the qualities you have. To get more wealthy, you need to improve yourself and work in another line of business. Many individuals who are successful in other side businesses but are unfamiliar with cryptocurrencies decided to learn more about it to grow their wealth, as the economy is changing and people should not focus just on their work. We all continue to learn, regardless of our educational level, so instead of relying only on what we currently know, we need to do more research. For us to achieve greatness in life, we need to constantly learn.

Op you sound like those who say that those who already have a job shouldn't invest in cryptocurrency since it's not a good idea to learn about a topic you're not great at. Many people who are experienced in business understand that their businesses will not bring them the kind of income they desire, so they research cryptocurrencies and begin making investments. We should never stop learning because knowledge is wealth.

trying is the initial key to success that we live, although sometimes the results are not according to our expectations, at least we have tried and continued to make the efforts that we are able to, with good intentions and determination to change the situation, and it needs to be done by requiring someone's guidance, it is very necessary to make the efforts that we live successful.

Sometimes really get out of our comfort zone might do good things for us, and basically that is life. I mean we shouldn't be just living comfortably without venturing on others. We should try different things and see how it goes for us. Who knows, maybe those things that we really don't like will improved our finances for the better.

Just like in crypto, 7 years ago I didn't know about it although I heard from reading on the internet. So one day I just decided to join this community and learn about it. So fast moving, it made my life better. But we need to diversify so I invest on other things as well and maybe another one in the future. A least to make our lives easy, we should have multiple sources of income.

Everything business after start with a step actually and the continuation is what is going to determine the success of that business, because their a lot of things that you have to understand, especially the demand and supply but it depends on the sector of the business because is not all businesses that buy and sell. And when you have a business you have to know how to manage funds, because when it comes to funds in business you have to know how to manage funds so that you don't spend to much when it comes business money you have to discipline your self when it comes to money.

Because sometimes business might be going well but just because of mismanagement of funds they business will start losing money for support and that is why every needs to take the issue of funds seriously, and this is one of the reasons why so many people lose their money because they choose lifestyle before any other thing even their business and that is why some of them end up borrowing money just to keep the business running and the same time they keep spending money and at the end of the day everything will collapse at the expense of their own mistakes we all just have to be very careful.

And you wonder how business manage both  their life and business because their is no way you will not spend so all is a matter of time and that is why beginners seriously need to learn.

Same goes for doing a common thing. Sometimes it is actually better to do things that are out of the norm. There are just down times in life and then not all that we start to venture will get us the result that we want. It can also give us some test first before we achieve the success, so we just keep on moving. If one doesn't work, then try again on the other, though I think there might be some who are destined to be doomed and fail forever but at least they are still alive and maybe they can still find happiness on other simple things instead. We can seek advice but we can also experiment and add more to it, especially if it doesn't work well.

I wouldn't call what you stated here as advice given because every one of us that is doing something differently, doesn't mean such things are been fruitful to us. There are things one could engage in and it won't be that fruitful to them no matter how long they try. You don't advise such a person to stick with that for long without having some other things they can highly think of to do. Remember, in today's economy, having a single source of income is not advice. Having a diverse side hustle is encouraged. The advice should be to try hard to be consistent in them all because you don't know the exact one that will later pay off in the future

OP your statements are very right and good, for one to get more skills to improve what he does is good, though as humans we will always want to get what we don't have it's a human thing but what you said is good, some people lack focus that's why they have been unable to grow in what they do, life has made things to be one step at a time and I believe if we apply the principles of life in things we do, we will make a tremendous growth in what we do, op I will also have to tell you the sincere truth, though cryptocurrency(Bitcoin) is available for everyone but it isn't t for everyone, Bitcoin has helped many people get unexpected profit depending the amount they use in investing but as a matter of fact being contented has always been the problem of most people, they chase different things at the same time which am not against but it will be better for us to settle for things we know that are transparent so that we won't get ourselves into unnecessary problems, op I totally agree with you, wealth creation is about how you channel your mindset as an individual, concentrate on what you do make it work first before considering taking other steps.

You are like the people, who would say "just buy a house" to a homeless person or "just make more money" to a poor person.
"Just do better." This is the most useless and basic advice I have ever seen. Any details? Any insight about how to "do better"?
My advice to everyone, who wants to become rich and successful is 1.Just pick a niche and 2.Try to dominate and exploit that niche. It can be a small niche, there's nothing wrong with that, just focus on that particular niche. Picking a big niche would be harder because the competition is bigger as well. If you are selling to everyone, you are selling to no one.

It is a correct idea that when your financial situation is not very good or your expenses and income are at the same level, saving will never help you change your financial situation. I do not deny that when people reduce their expenses, they are able to save a little more, but if your income does not increase, then you will not be able to do much by reducing your expenses. If the financial situation is bad or if you want to increase your income, you must increase your income and this strategy is also the only one suitable to overcome the financial crisis.

Take new initiatives to increase your money in addition to the work you do. Maybe you do not get good feedback in the beginning, but in a few days, good results will definitely start coming.

No job is cheap, I would agree to that. However, if you are working in the bottom position, the rate of salary is also very minimal. And that would be hard for a family man to make ends meet.

This is why increasing your income is a must. Actually, there's a lot of job opportunities around. Your skills matter the most. If you don't have one, better try to learn and develop even a single one because that will definitely guarantee sustainable flow of income and even maximizing your sales if you are in a business.

Sales is a full time job and if a person diligently improves his/her sales skill more opportunities would knock on their door. No job is cheap, it's just a matter of environment or location. Some skilled sales men make around $1 million annually. Op's idea is great, we have to make the best out of whatever we do, and more openings and businesses would await us, on a long term basis.

You have a point, but you find it hard to express yourself well; that is the problem. If not, you give simple advice that means a lot. 
 
You said that in anything you are doing in this world, you should try to improve yourself more on it, which you find hard to explain. Being better in what you are already involved in is the best thing to do in order to know more about it, which means you have to engage in lots of research and also have opinions from other people that know more about what you are doing, and these people will always give you advice based on their experiences and mistakes that they did. That is why when you are doing research, it is advisable to go to someone that has already made it through, and another person that also tried but failed; you will learn a lot, but if you keep trying and making errors, it might end up positive or negative for you.
 
Based on understanding, I think this is how you need to express yourself so that people will understand more about the advice that you are trying to give.

I think person can do his business by taking small step and after that he can get chance and he can make changes in the  business because everyone need money and everyone have top pay bills and he have to pay for meal and for the education purposes because child education is much important because without education they will not survive in our society and they will not be successful in their life . Many people will understand my opinion because that is real and we have to face that kind of experiences and we have to take steps for our future and we can learn more skills and when we will be skilled person then we will earn more money and we will support our family. Our family is related with us and we can't take chance with that because family expenses will be more and we have to take responsibilities of that and we can not avoid that.

Not unless if those hard work of yours will really be recognized and you will really be able to get such benefit on which this wont really be an issue but just like on what you have said that in todays reality where those common workers will really be not getting paid for the job that they have done on which it is really that outside the scope or threshold and not really that getting paid that enough. There would really be those times or moments that you would really be thinking that there's no progress that you could be able to have when you do continue on working here, this is where you would really be molding up those kind of plans or intents on moving out into other jobs but what make you hinder on doing that on which finding or landing up a job now is already that too tough. Competition is high and if you arent that having some good qualifications then you might be ending up on getting no job or simply being jobless.

This is where people would really be trying out to deal up with things on which they do look or seems that it will really be bringing out that significant changes into their lives.
People will really be that actually having those kind of act on where they do seem that it will really be that effective into them.

That's not really advice, is it? It's like saying if you want to continue living then carry on breathing. In many jobs you don't actually need to get better, especially when you are doing minimum wage type work - there will be a natural threshold that you are expected to meet and any additional effort beyond that is starting to put unnecessary pressure on yourself without bringing any extra benefit. Take a warehouse job for example, if the average worker is doing 100 items an hour, yet you're constantly hitting 150 then you might set yourself up for failure if you decide to drop off your high level of work - as the management will already expect much more from you even if it is way higher than the standard expectation.

I disagree because the focus should be on one thing but you still have to do some diversification now this shouldn't be a business that will need your focus or take your time. Diversification should be in form of investment that you allow your money to do all the work while it pays you. Improving your finances will require you to to make some sacrifices that'll be worth it when it's time. To improve your finances, you shouldn't be throwing away money at every opportunity that you see because that isn't the best way to invest.

Only put your money into an investments after making sure that the investment is a legitimate one and you're getting fooled into losing your money. Value every dollars that you own and the dollars will help you to make more money. To improve your finances, improve the knowledge that you have about what the rich do to make money.

A simple thing to say but one that is very difficulty to actually accomplish, since anyone that has trained hard to achieve something, knows it can take months or even years of hard effort to improve significantly on any field, so the majority of the people that have such goals will fail, simply because they will get discouraged by how little they are improving and how hard they will need to keep trying to achieve the results they want.

It's not as simple as you said.

We're only have 24 hours everyday, it's not possible to run multiple sources if the first job require you to work 10-12 hours, yeah you can say there are still 4-6 hours left, but work is really consume your energy and mental.

People always make research about the investment or business they want to chip in, either they get scammed or failure, it depends on their luck.

It’s a good advice to focus on what you have and improve it. However, if you will just focus on your single investment or source of income, your plan in getting rich might be delayed. Worst is you end your investment in failure. Unlike if you risk in some potential multiple investments, once it turns out successful, you will generate funds from multiple sources, which means the more jobs or investments you have, the higher the funds you will raise. But of course, make sure you know well what you are entering so that there will be bigger chances for success than failure.

Of course it is a well known fact that if your lifestyle is above your means, the next thing that will happen to you is going broke. No matter the amount of money someone earns, if your lifestyle is above your income your financial situation is never going to change, rather it will keep dwindling. For me I don't believe much in saving money. Because money saved is never going to add anything to your income. I believe more in investing money in more businesses or expanding your brand. This is more effective way to improving our finances. Saving money will never improve our financial situation, but investing it will always do the that. If you have lots of businesses going for you, you can always survive the rainy days.

I strongly believe there’s something you’re trying to point out here. But don’t know how to arrange the words. This is a crucial topic and anyone clicking it. Hopes to get a better understanding about the trend.
One focusing on there current job isn’t wrong, but then there are jobs you focus on while there are jobs even while putting in your best you still have to make room for change or a better one. For example, A graduate who finds herself working as a sales girl due to no availability of job opportunities. And decides to manage as a salesperson. As much as she do her work diligently. You don’t expect such person to put all her focus into the job. Such person will definitely strive for a better job or their dream job.

What matters about life is whatever thing people are doing they should at least apply some level of professionalism to help sell them more better, because many of us here has lot of skills but in all they can't boast of any them that they are perfect with it instead they would still fall back to sourcing for job under government or company meanwhile they already have good skills that would put food on their table without being dependent on people. Just as you said, we have lot of people into crypto and they are doing well and most of them would want to expand at the cost of doing this they get distracted by other things where they wouldn't focused their interest on crypto instead they would like to go learn other new skills to add their already existing ones but yet none is perfects.

Moltivation is very important and it is something that have help a lot of people create wealth, just that is not everyone that needs it because they don't even know the use for it, you might just been wasting your time trying to encourage people to do well for them self and even without moltivation I feel that anyone should be able moltivate their self according to what they are going through because if you are not comfortable with the way thing are going then you should put sense to that head. And the issue is that you might even be moltivated and still not become weathy, and working to become weathy only happen in very few situations.


The personality of how you want to create wealth is different from other peoples own so this is a period that everyone one have to understand what works for them so that when it comes to performance in that aspect you will get a very good result, and if you are suggesting crypto then you should have a serious backup plan for upkeep and other emergencies because if you are to focusing making money from crypto then you should be ready to attach a job or something to it.

Yeah, expecting something better from a company is all we do, and if the business owner to do better has to be something that takes a bit of a while and not that simple at all, most people end up with a much worse result in the end because of it. I personally believe that the best thing for this case would be just focusing on how to get better results by doing better quality of work.

There are too many companies who were once good, but never god better and because of that lost everything. Just remember Nokia, they were once the giants of mobile phone world, and that ended up being a lot worse for a lot of people and that caused a lot of trouble for them when they didn't improve, apple came in and destroyed them and samsung got whatever is left.

So always keep improving and keep doing better job and eventually you will end up with a much better result if you are careful and do a lot better. Just do better, it's a great advice if people care about it.

You are right  when you said "what ever you do, do it better". Let me relate this to businesses where people buy and sell  commodities or services. If a business person or an entrepreneur invests more in selling only quality goods or rendering topnotch services, he would be able to beat his competitors in the business and gain more customers. This is his reward for being committed to the business and doing it better than everyone else.

Even in investments, whether crypto investment or not, it is important that the investor gathers enough knowledge about the investment before investing. Even while he has already invested, he should also be up to date with recent news and updates which might affect his investment. Being fully involved will help him know how to manage his risks and grab every opportunity that will yield for him good returns.

Yea, people can create wealth for themselves when they work hard to do things better than everyone else. This will make them stand out and more visible to potential clients/customers/business partners.

At this time, if you are just a beginner in the field of crypto space, it is not really possible to make this a full time source of income right away. It will take a long period of time before we learn here. If others have learned something but when it comes to the execution of what they have learned and learned, it is still not stable so that they can easily get a profit in the crypto business.

There are many who misinterpret this about cryptocurrency or bitcoin, they think that if you have knowledge, then you can immediately get a profit from it,
but they are wrong in their thinking.

I understand you are trying to motivate people to put effort in whatever they do in order to increase their wealth but your last part I bold is never a good way to increase wealth. Even if what you are doing is giving you some reasonable profits, you need other alternatives sources just in case. For example, an employee while working for his employer must be searching for other alternatives to become independent and manage his own wealth.

You don't put more effort to enrich someone else till eternity, you also need to search for new things to help better yourself. Crypto is one thing that needs a back up plan due to market fluctuation and it doesn't always favor consistently. While you are putting effort in what you do, it is advisable you have alternative source to maximize your wealth creation.

Sadly in many such cases, people are just struggling way too much that they can't survive a day without having to borrow money. But what choice do they have? Not eat? It is not like a lot of them are not working, it is just that it is really not enough for them most of the time. When they do get money and the first thing they do is to pay back their debts they end up without money to survive again and they would just have to borrow again. Honestly, the cycle of poverty is just difficult and I don't think a lot of people realize just how hard it is to live in a life like this most especially if you are from a third world country.

Meanwhile, some people are borrowing money to go on a vacation. Now, that is just bad management of money to me. We all deserve to have a vacation once in a while but it is not needed at all times. If you can't afford a vacation yet then do not go on one.

I have a job but I don't take debts even if I'm in a tight situation. There is only one instance and that happened when I got hooked on gambling. This isn't important and can be avoided if we really wanted to. Depending on where we use the loan, it may or may still not solve the problem but there is some kind of relief here, however it is only temporary because later on, we will still need to pay our loans.

If we are kinda crazy, we think that taking another loan is a good idea to save us again and this is where the loop happens (like you said there). This is why it is also important to not loan too much money if you know that you are only earning small or better not take loans at all.

Usually, loans has their interest rates but it can only rise further if we will delay paying it. It is impossible to not know what we are doing but it is just that our emotions can eat us up sometimes on the result of what we are doing, which can lead us of doing something unwanted. In terms of money, budgeting can help for us to not think of taking loans. Expenses are natural and this don't mean useless things. There are things that needs maintenance like cars or motorcycles but it's okay as well because we still use them for work or something. There is also maintenance in terms of health.

There are times or moments that you will really be having that kind of situation on where you would really be needing up to take up some loan or simply its something that will really be unavoidable.
On the time or moment that you will really be having that difficulty since your money isnt really that enough or simply your salary then it will really be putting you up on the tough spot and this is where you will really be that making yourself on trying out to get some loan because you are really that thinking up that this could resolved out that problem. As this one would be continuing then the loan keeps piling up until the time that it will really be that resulting into paying up some interest which would really be leading up into some debt deep pit which it will really be putting up on a hard situation. Therefore, if you do really want to avoid such thing
then it will really be better or recommended that you do know at least on what you are really that doing and wont really be that easily be going into the path on taking up even more loan to patch up another loan interest. Always be mindful about into your spending and never ever make yourself having that kind of unwise spending specially on liabilities on where you will be needing up on paying up something in terms of maintenance and other expenses.

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.

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.

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.

Debt will only be on the positive 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.
A lot of business owners started from loaning from a bank or another company or individual. Now, it is up to them how they will manage those finances to gain profit from what they borrowed. So they need to have a very good plan to execute their targets and earn from it.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

It's always crucial to advance our knowledge and skills to beat everyone else's product in the market. Providing the best quality to buyers actually builds our business and also increase wealth. It can be any field, but the tech companies are making waves in this generation, and young people are advised to follow the train. Because other industries still rely on computational skills to help their growth.

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. There are really just those people who are really that afraid on taking up some risks because they dont want failure but there are those individuals who do really test out everything and find out on whats something that will really be effective and working to them. Just like on what i have said that there's no way that you could be able to know unless you would be able to test or try it out.

If you do want to have an improve way of living then its really just that better that you do make up some plans on how you would be able to obtain it. It is really just that there are individuals who are really
that not minding about the risks that they will really be needing up to put into or sacrifices so that they will really be able to achieve something but instead they will really be that avoiding instead
on trying out to adapt and finding up ways on how things should really be done.

I remember Nike's with the first words but then adding better sounds better and makes us a better person. It's true that with the careers that we're doing right now, we have to put better output daily and we should be upgrading and continue to learn with what's with it. As for investing to the market and being a Bitcoin investor, we're already here, got some experience and we need to apply what we've learned from the good and bad experience in the market.

Don't forget to make some profit and any amount that we make from this bull run, it's either enjoy or reinvest it. Reinvesting doesn't mean that it should also be crypto related but you can invest into a new skill, courses or anything to make yourself better.

being overly contented in a single thing without looking for alternative ways of making money is not entirely the best thing to do. Sometimes, a little bit of inquisitivenes can expose you to a more easy and sustainable way of making money rather than staying stucked in your conventional way of wealth generation.

This is not to say putting in additional effort into a choosen field isn't good, it's actually good expecially for someone that's in a niche that has good potential of yielding profit if you're ready to put in additional effort. While doing that, it's also best you stay open to opportunities in different circle. The world we are living in has gone past that era of trying to avoid being jack of all trade. In this era, you've got to work on being jack of all trade and try to master and earn from as many you're able to. There's no defined way of improving finances, just keep doing what increases your finance and keep learning and improving on your financial literacy.

In other words , "knowledge and skills " are what we need to get rich or wealthy! At the moments IT knowledge and having sound skills on information technology is one of the best ways to be wealthy. Elon musk has opened so many people eyes on this and I do encouraged the young ones to really put more effort on this because technology like bitcoin and blockchain is the future and knowledge on it has already create a brighter future for you if you choose that part 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.

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.

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.

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.

"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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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..

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!

There's a point already on what he's referring to but with a poor delivery of the meaning he is trying to give to his audience. If it is with improving your finances, then to start things you need to identify what you have and what you want to achieve, I definitely agree with it. Seeking for growth is too broad; check on profitable skills to add with what's existing. Read books, articles, and free online courses which will give you additional stream of income then choose some that you will specialize afterwards then repeat the process. Another to consider is to have both savings and investments including emergency funds to make things consistent along your process of growing in all aspects. Of course these things won't be easily achieved and that when perseverance and dedication will be needed;it won't be enough to just idealize things, you need to act upon it. If you are seeking for growth be prepared to tackle sacrifices as well. These are the things I could advice in addition to OP's.

Haha thanks for the motivation from now on whatever I do will do it better so I can get wealthy. There was this video on Facebook in which a person found a diary from a rich old man and that diary was full of tips to get rich and once that person started to follow those tips he also started to gain more because the first tip he read and followed was to not care about much even if they are innocent and always lie so he just lied and earned some money by dishonesty and in the office he uses clever tricks to make good reputation.

The point is yeah with good and clever instincts and tips, we can make more fame and money but not everyone wants to follow that path. Overall I do agree with you that if we are doing one thing not at full potential we can achieve more otherwise we won't and that's an obvious thing but sometimes we underestimate it.

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.

There is nothing wrong with us being highly focused on our main job because any job, if we want to complete it, we need to be diligent and focused on it. But it would be wrong to say that we should only focus on our current job and ignore looking for new and better opportunities. Especially if the current job is not as expected, we must quickly find another alternative job.

OP's advice is only true if we have a stable and high-paying job, then it is true that we should spend most of our time focusing on that job to produce better results.

In general, improving our financial situation is a common problem for all of us and each person will have different ways to improve their financial situation. Since everyone has different challenges and difficulties, there will be different ways to improve finances. There is no formula that can make us all rich, we need to be flexible to suit our circumstances.

This would have been very interesting if you had putting much effort on the information on how we can improve our finances because you have not really explain how people can go about it, actually when bringing such discussion you should try as possible you can to touch those areas you feel people needs to no, so that those that were not following the procedure will work on that, however from those things you have explained, it does not work in regards to what should have been the principles of improving finance because your explanation talk about only doing one thing when you no that in the world we are now diversification is one of the major thing that put food on the table of so many persons, so will you tell the person who sells bread on the road to only focus on that instead of looking for better opportunity that's more suitable than what he is doing?.

It seems like you have a good understanding and knowledge about how to make money, but you need to create conditions so that other people need you to deliver money to you. I didn't find the best advice from you on how to make money more effectively, but everyone has their own best way to apply it in their life. Income productivity will make it easier for you to increase your wealth, but it needs to be adjusted to your expenses. You also need to adapt to technological developments to increase your income as many users do on this forum.

So, if I'm working as a cleaning service, helper, and fruit picker, I only have to focus with my jobs and not looking for better opportunity? I'm sure as great as you work in these jobs, your life will not change, simply because there's no future with these jobs (didn't mean to discredit these jobs).

In order to improve your finance, you need to changes, however many people afraid or not want to change, that's why they stuck in the same place.

I mean changes are:
1. Blue collar jobs > white collar jobs
2. Saving > low risk investment > high risk investment
3. Playing game, clubbing, pleasing other people > learn new thing, have a healthy life, focus on yourself

You are the one who makes a lot of nonsense predictions on the forum and gives a lot of general advice on how to get rich to others. No offense but some people appreciate your advice but honestly I think you know nothing about finances and this advice is of no use to anyone. Because everyone's circumstances are different, we don't start from the same starting line and have different challenges in life. So giving financial advice to anyone is a bad idea because we are not in their shoes.

Instead, we should focus on improving ourselves first, we need to be rich before teaching others how to get rich or improve their finances.

Can you tell us, are you a financial advisor and what is your expertise? Are you financially free or still struggling in life?

It's a good advice but you need to know that making money is a rat race.

if you do it better than anyone else, someone else will also try to do better than you, so it's non stop competition, doesn't mean a bad thing though because it can also motivates you to push beyond your limit.
but just know that the path ahead will be a really thorny place full of competition.

I'd say, wealth and financial growth will be in line with effort and productivity, if you can't keep it up, your wealth and financial will also deteriorates, so you should make it sustainable as well.

I think you really have a knowledge about making wealth but a little problem of making it simpler for people to understand what point your trying to make, and again I don't necessarily get any solid advice about how to improve on one's finances and that's to say you'll need to focus on expanding and elaborating more on your subject for better understanding because this is a crucial topic and anyone that tend to open it will really want to get a detailed information about what the subject is saying.

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.