Understanding the Importance of Investments and Economic Stability - Advice - I Seriously Recommend You Make Extra Effort and Buy Steems Now...
Hi, dear friends!
The predominant aspect of success and productivity is personal development that happens inside your mind.
But if you want to achieve success in the real world, you are going to need more than that. In fact, a great contributing factor to your success is about how you deal with your money.
In today’s blog post, I am going to ask you a few questions and I want you to really think about them.
Most of you are employed, but many of you do not find the satisfaction that you need in the work you currently have.
Nevertheless, at the end of the month, you get paid a sum for your efforts.
Successful people understand that what they do with that money is really important, whereas unsuccessful people do not care about how they spend that money.
This is especially true if you are a bachelor and don’t have to worry too much about living costs and expenses.
People who want success, specifically financial success, understand the importance and value of investments, because they are looking for something greater than what they already possess.
If you take a look at your life and your daily expenses, you will realize that you are spending money on things that are not really necessary for your well-being.
Yes, there is emotional satisfaction in taking care of your needs and desires. But at what cost? What are you losing in this equation?
The answer is simple: A chance to create a better future, both for yourself and for the people around you.
For instance, when you get paid this month, you could dedicate a portion of that sum to invest on cryptocurrency, or you could simply waste it on things you want.
The difference is in the immediate result; while spending your money on things you want will give you immediate satisfaction, saving and investing it will make you prosperous in the long run.
Think about it in other terms. Imagine that you have an exam tomorrow.
You have two options; you can either study hard for your exam or indulge the craving of watching a film or playing a video game.
While the latter gives you much joy, it will also be a great source of regret later on. While the first option can be a bit exhausting and difficult, it will give you satisfaction for days to come.
The same is true about our expenses and financial strategy.
Spending money on things that are not essential can slow you down in the journey to truly achieve financial success.
In this equation, those who invest their money, be it an insignificant sum, are the winners in the game of economy!
A BIG HUG!!!
Don't forget! Vote for @chbartist for Witness and Together We Can Help More People! - Click on the link below and confirm your vote.
For you to vote, simply click on the link below and log in to steemconnect and give your vote!
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IMPORTANT!
Please, take the time to read the text below, it can always change in some points and it is it that has made this community understand and help each other. I would like you to pay close attention to what is written in these notes. Try to really follow what I ask of all of you who are a few months old with me contributing meaningful comments and we have built something really good here along with people who have a positive mindset and we have managed to get more people together like that.
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NOTES ABOUT THIS BLOG!
Always read this text of notes because I can making important changes in this text like update names in the list and things to the growth and understanding of how we can improve our foundations and how this community was built until here.
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I have been working very hard on this blog since the beginning. I have a very busy life but I am giving my best and believe me I have shared experiences that I have been coaching thousands of people and I know that the change of the Mindset should be daily. I am already grateful to see you giving upvotes to each other and you can see this with the fact that many already have 8, 9, 10 upvotes. But I'm sure that with the effort of all of us we will see a community with, more and more upvotes each others and for that everyone should get engaged so we can make it come true. I believe and we can! Resteem...
***Remember Community: Please, if you commented and upvote on a new post I did, please always go back to the previous one because if someone in the community commented lastly because of time zone differences it will be without your upvote and that would not be fair.
You all know the goal! We can reach: More and More Upvotes each others!
Attention!!!
I'm reading all the meaningful comments from the posts.
I am here making a list of all of you who have helped build this community by voting for each other who write meaningful comments and soon I will respond to everyone with comment and thank you all because I can already see this spirit being built in this Positive Mindset community and help between all of you.
You will receive my upvote in all material and brief comments I will do this in all the posts I am following very closely and I can see what the people who are generous and contribute to this legacy that I am trying to build with all of you can become reality in a short time.
AND
First of all, I would like to thank all of you, who are the most active and proactive in this community, showing your generosity and always with meaningful comments. From now on I will always make a list of these incredible people who have helped to expand our goal of growing ever more.
But I ask that if you are new around here you read many of the previous posts because they make it clear that we are building a community with respect among all, generosity and this blog is for those who really want to start moving their Mindset to positive and moreover be part of the growth of all of us who contribute to this blog.
Thanks All of You!!!!
Voted @chbartist for witness. 👍
As I was observing that you're trying to spread some positive vibes in this Steemit ocean.
Your post reminds me about my last post of "Money Talk with My Friend" about to improvise his financial literacy.
I would like to have your thoughts on my latest post of "Life begins out of the comfort zone".
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@bloggerkrunal thank you so much for your kind words and vote my friend! Success
I resteemed your post at https://steemit.com/@recreat i.e. my blog, and also upvoted your post. You can buy,sell, trade over 300 cryptocurrencies, altcoins, tokens like Bitcoin (BTC), Ethereum ( ETH),Ripple (XRP), Litcoin(LTC) etc here @ http://vaugette.com/4Mzw
Greetings @chbartist
Warren Buffett says: We must design and implement strategies that allow turning things without use into money, and not money into things that are not used. People who invest by diversifying their assets will have greater opportunities to conclude new negotiations. One form of investment is training.You got a 1.59% upvote from @minnowvotes courtesy of @tramelibre!
I agree with @chbartist, people should invest in cryptos, especially in steem. As this is the time when the steem's price is hanging at the bottom and would soon skyrocket after the DAPPs start to roll and more people come here to try them.
Hello my friend @chbartist
You are completely correct..!!! Everything you said, I agree with you...!!!
Thanks a lot one more time for your great recommendations
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There are only four ways to make money. Employed, Self Employed, Big Business Owner, and Investors. Being an Employed is where majority of us fall and this majority think liabilities as investment. Liabilities such as cars, house, and etc.
I so agree! This is why (most) rich people I know lease their cars rather than buying them outright. Rather than forgoing a lump sum of cash for a car (which will depreciate AS SOON as you drive off with it), they are able to invest that lump sum of cash and only pay a minimal fee monthly for their lease.
The same can be said for purchasing a house vs renting, however the housing market typical tends to trend upwards, so it's less straightforward in this scenario.
There are loads of great YouTube videos out there on this sort of stuff for anyone that wants to do some more research on it!
So true! And I wish I would have really paid attention to my granddad’s habits at a younger age. He wore the same clothes for as long as I could remember, would run cars until they just died, etc. My mom would always call him cheap, But then when he passed and my aunt and my mom’s Inheritance was far more than what they expected. So now that I am older and have a much better understanding, I am about as cheap, although I spend a bit more than I should, and trying to teach my kids the same. I just pay bills, buy food and legal weed, and the rest is for crypto and precious metals!
yes you are right dear @chbartist
Thanks for following me @article.collector. I am following you back.
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I agree with you. now is the best time to invest
This was a good read.
I do believe this platform has a lot of potential. I also see this platform has a lot of shortcomings that is keeping it from mass adoption. So investing in to steem.. a bit of a gamble.. . personally I'm trying to post at least once or twice each day and convert all of the income to steem power, and bank on the long-term success of this platform.
I do agree with what you're saying that sometimes instead of watching a movie or playing a video game you should study for the test, I also believe that we should balance work and relaxation. because at the end of the day when where laying in our deathbed, very few people say I wish I worked more, right?
True happiness comes from investing into experiences not so much material things, however funds and money could open doors to more experiences for sure.
"Because at the end of the day when where laying in our deathbed, very few people say I wish I worked more, right?"
Great saying! - Only thing I'd say is that if you find something that you love doing, work won't feel like work!
I'm yet to find something like this and confined to the corporate 9 - 5 (or should I say 8 - 8) working world unfortunately (although I'm probably better off than a lot in the world so shouldn't complain), but hoping to start posting about the life lessons I've learnt here and hopefully that might get me one step closer to financial freedom, freeing me from the shackles of employment to truly help me do something that I love (whatever that may be!).
You are right, friend, the way in which one handles their money results in personal success, that is why I have been reading how money is handled and I have learned that it is important that money works for one instead of becoming a slave to it.
It is a way to liberate yourself for the continual stess of working 9 to 5 all your life!
Or more like 8 - 7/8 as is customary in the world of professional services! sigh