Developing oneself economically.

[348Judah]

We should not remain on the same spot for too long, if we are into something, there is more expected of us to do and continue in doing in other to maintain a high level of business standards and ethics, this could begin from how we are being open to learning, the resource we make used of in learning and the duration it has taken us towards acquiring the normal expected competences in doing a business after learning,  those that refused to learn failed to grow, this is another reality of life.

[junder]

We should not remain on the same spot for too long, if we are into something, there is more expected of us to do and continue in doing in other to maintain a high level of business standards and ethics, this could begin from how we are being open to learning, the resource we make used of in learning and the duration it has taken us towards acquiring the normal expected competences in doing a business after learning,  those that refused to learn failed to grow, this is another reality of life.

There are some people who think about wanting to progress further and they are people who tend to be brave enough to step forward from what they are pursuing, even though it has actually helped them in terms of income, but the desire to progress is definitely there, it's just that not everyone is like that, sometimes there are people who are better off being grateful for what they already have, they think it has helped them, so they won't step forward again unless the thing that helped them has ended, then they have no choice but to step forward.

[woez]

We should not remain on the same spot for too long, if we are into something, there is more expected of us to do and continue in doing in other to maintain a high level of business standards and ethics, this could begin from how we are being open to learning, the resource we make used of in learning and the duration it has taken us towards acquiring the normal expected competences in doing a business after learning,  those that refused to learn failed to grow, this is another reality of life.

Yes, it's true that in the context of economic self-development, it's important to do what you said above. We also need to be aware of this, and of course, everyone should go through a learning process to understand what resources we have and what we can utilize around us by continuously learning to acquire the desired competencies.

Money doesn't just come. It comes when we create something of value, whether it's a selling point or a benefit derived from previous learning. When there's high and sustained demand for a product we've created, simply take the initiative to mass-produce it, and the money will flow.

And this is another reality of life, born from independent efforts, starting from a small point to something big, as you also mentioned above.

[fruktik]

INVESTMENT WEALTH BUILDING: this is a process of investing in real estate and crypto, in balancing economically.

STOP! Why invest only in real estate and crypto? Why such a poor understanding of this process? Where are stocks, Treasury bonds, mutual funds, currencies, futures, and ETFs? There are so many investment instruments in our world, and yet you're still so limited in your thinking. Try to broaden your horizons and consider other options to expand your investment portfolio.

[Royal Cap]

There are some people who think about wanting to progress further and they are people who tend to be brave enough to step forward from what they are pursuing, even though it has actually helped them in terms of income, but the desire to progress is definitely there, it's just that not everyone is like that, sometimes there are people who are better off being grateful for what they already have, they think it has helped them, so they won't step forward again unless the thing that helped them has ended, then they have no choice but to step forward.

Exactly, not everyone is going to move forward for progress some are comfortable in their place and want to stay there and there is nothing wrong with that because not everyone has the same mindset, Those who try to learn improves their quality over time and those who are reluctant to learn stay where they are. It is a very natural division.

I think it takes courage to change so those who can move forward usually get more new opportunities. And those who are satisfied with what they have are not doing anything bad they are just waiting to see if the situation changes and make new decisions also there are two types of people both are real.

[junder]

Exactly, not everyone is going to move forward for progress some are comfortable in their place and want to stay there and there is nothing wrong with that because not everyone has the same mindset, Those who try to learn improves their quality over time and those who are reluctant to learn stay where they are. It is a very natural division.

I think it takes courage to change so those who can move forward usually get more new opportunities. And those who are satisfied with what they have are not doing anything bad they are just waiting to see if the situation changes and make new decisions also there are two types of people both are real.

Yes, that's normal because everyone has their own thoughts and choices. And I don't think those who are reluctant to move forward will stay that way forever. I think they might occasionally consider moving forward, but some are brave enough to try, and others just think about it and then return to the reality of life, which is more than enough.

I'm familiar with the two types of people you're referring to, but did you know there's another type besides that? Those who desire progress but don't take any action toward it (they're just empty talk).

Honestly, people like this are annoying. I have a friend like that. He often says he wants change for the better, but he doesn't provide any proof. It's so annoying that I'm sick of hearing it.

[summonerrk]

Actually building your self economicaàlly is a very big task, and it has to do with total submission either skills or educationally, it is not a day goals to acquire financial stability, there are so many things to look at before standing out as someone who has developed economical.

1. INCOME GENERATION
2. INVESTMENT/WEALTH BUILDING
3. FINANCIAL EDUCATION
4. CAREER AND SKILLS DEVELOPMENT

With the above mentioned categories you can be able to develop economically balance status.
Take for instance the INCOME GENERATION, this is a process of setting series of businesses in other to grow balancing.

INVESTMENT WEALTH BUILDING: this is a process of investing in real estate and crypto, in balancing economically.

Indeed, developing one's own economic potential is a tremendous amount of work. Of course, it will pay off handsomely in the future for those who put in the effort.
I've met many examples of young people over the years who seemed quite ordinary—either ill-equipped for technical sciences or simply uninterested in anything. But when they decided to become economically literate, I was amazed at how talented they were. And the fact that everything came so easily to them suggests that there are people who truly possess economic talent.

[lixer]

For some, it only takes good courage and smart decisions and strategies in life to make economically successful. You don't have to be well-skilled and highly educated financially and physically, but just clear goals and objectives in life.

Luck is also a big factor. If you don't have that luck and get the best opportunities in life, life will still be seen struggling economically.

Is there anything like luck?
For me there is nothing like luck, because in every opportunity stand a prepared person to fit in to that career, so opportunities stand with a prepared person.
Pardon me to say luck is never a factor for opportunity.

I can agree with you here. Luck is never an opportunity as it is an external factor and depends on almost nothing. I think we have to generate our own opportunities as they do not come that easily. One might think they are lucky just because they got the right opportunity at the right time but still this might just be a coincidence and has nothing to do with luck. I used to believe in luck and sometimes I thought I am really lucky but that was just a coincidence and those things hardly happen again. If I was lucky enough, I would have got the same opportunity again which did not really happen.

People still believe in luck but I believe in karma. A good deed done by us comes back to us and that is more powerful than just being lucky. So continue being good to others and help other as much as possible without any greed in mind.

[SquallLeonhart]

Luck shouldn’t be undermined for sure, but we should try as much as possible to still have the basic knowledge and skills required to succeed economically. When you have all those at your discretion, it becomes easier for when luck arrives to elevate you faster and better. Education is very important in any sector you find yourself in life, not having one may limit your success rate even in places that you have the best of connections. I’m actually talking from experience, but then, pray to have both because when you do, you’ll understand the importance of them and how your life will improve economically.

Usually, I won't believe in luck. The ones who think they are lucky just because things go along their way might believe in luck but I believe in hard-work or efforts rather than luck. I have never had good luck but still live a better life because I am ready to take that extra effort to make myself earn way better.

Sometimes, I have proved to be most unlucky as I had to loose a major chunk elsewhere which could have been easily tackled. That was the time I stopped believing in luck and started making extra efforts to live a better life. I am sure there might be a few others who might not really believe in luck but still are successful because they are ready to take extra efforts and work hard instead of relying on luck.

[Cgrexp]

The family should teach children the mindset of financial stability from an early age. As a result, each child will understand the difference between their needs and desires and they will be able to make rational decisions without being tempted by immediate results. And when they learn to maintain financial stability from an early age, it will prevent them from being misled in their investments or underutilizing their skills later. At the same time, they will be able to grow up with a managerial mindset. If they cannot build the foundation of economic character, then they will not be able to keep their income, investments, education, experience, and skills permanent.

[Jateng]

INVESTMENT WEALTH BUILDING: this is a process of investing in real estate and crypto, in balancing economically.

STOP! Why invest only in real estate and crypto? Why such a poor understanding of this process? Where are stocks, Treasury bonds, mutual funds, currencies, futures, and ETFs? There are so many investment instruments in our world, and yet you're still so limited in your thinking. Try to broaden your horizons and consider other options to expand your investment portfolio.

The approach of developing yourself economically is appealing but why people prefer only crypto or real state is not going well. it's good to think other option but decision depend upon the person mind set or the environment or the economic situation also matter. Diversification does not mean to invest your money on everything it required deep research or experience most people find shares or bonds difficult to understand .yes sometimes individual have research or experience but due to instability in economic condition can't make choices according to his mind set. the role of government is important to support  the economy government should introduced different courses or training programs through which people get educate themselves. government can guide the public about which is most profitable and stable sectors with proper guidelines individual can improve his economic condition which ultimately lead better economy condition.

[sleepfirefly]

Take for instance the INCOME GENERATION, this is a process of setting series of businesses in other to grow balancing.

income generation doesn’t only come from businesses it can also get from active work which usually means you are employed by someone else

INVESTMENT WEALTH BUILDING: this is a process of investing in real estate and crypto, in balancing economically.

investment is what people overlook the most it’s difficult to have investments anyway because it requires you to have a lot of excess money but it’s essential to have investments to secure our future

[Oshio-man]

We should not remain on the same spot for too long, if we are into something, there is more expected of us to do and continue in doing in other to maintain a high level of business standards and ethics, this could begin from how we are being open to learning, the resource we make used of in learning and the duration it has taken us towards acquiring the normal expected competences in doing a business after learning,  those that refused to learn failed to grow, this is another reality of life.

Real investors will not remain in one investment so long before adding another investment that will be more profitable than the first one, some investors improve financially and materially through different investments they set up with huge amount of capital, even though you are making progress in your investment never you stop learning from those that are above you because there are some things you can still learn that will make you to dominate more than some investors, no matter how successful you are in investment don't allow failure to show up because it can make you look like someone that don't have the knowledge of the investment, and it will be difficult for you to dominate as you want.

[ndutndut]

Building yourself economically is a process, it requires time and consistent efforts that pave way for substantial profits.  While financial education, investment knowledge and skills development are crucial for a successful outcome, but we all know not everyone has enough resources to make them possible. But with basic knowledge and good perspective in managing a business or investment, any person will progress economically not because he is well educated but because he fits well on his chosen career or business.

We all have different strategies on how to improve economically, and as long as quitting is never our option, we will surely rise and become successful in the future. 

You're right about this, building oneself economically from scratch isn't easy and anyone who pretends or admonishes that economic growth is simple isn't been honest at all.As a matter of fact, building is possible and real,but it's not easy.Personal economic growth is not easy at the beginning, but once you build good financial habits and increase your earning power, it becomes much easier.

Of course, building an economy from scratch isn't as easy as theory there are many aspects we must go through and implement. Essentially I want to say, while you're still young, focus on things that have a compounding effect, because little by little, it can add up. There are several things you need, and you shouldn't delay, starting with building your reputation. Once people trust you the door to opportunity will open. Likewise once you're proven dishonest, the door to good fortune can be closed forever.

Next of course regarding good financial habits, saving doesn't need to be a lot, but start now. Set a reminder every month and set aside an amount that can be saved and invested. Keep honing your skills and also keep expanding your network because youth doesn't come twice, don't waste the opportunity to accumulate good things so that your life will gradually improve and you can achieve financial freedom.

[ancafe]

With the above mentioned categories you can be able to develop economically balance status.
Take for instance the INCOME GENERATION, this is a process of setting series of businesses in other to grow balancing.

INVESTMENT WEALTH BUILDING: this is a process of investing in real estate and crypto, in balancing economically.

This can be applied initially based on skills. For example, if someone has the best ability for business, then develop that business to achieve success. Once the business is running well, we can learn to invest to further increase our income, or we can do the opposite, based on each individual's abilities. To create balance and wealth, one requires knowledge, and I believe it can be learned if one has a strong intention and determination. Sometimes, persistence is difficult because the process is not easy.

The courage to step out of one's comfort zone must be cultivated so that taking small risks is not a problem because we know what we are doing. Most importantly, these risks are based on the right actions to achieve life change. Building wealth is not easy because it requires personal abilities and skills so that every decision is based on accuracy will achieve the opportunity for success.

[Xcode7]

With the above mentioned categories you can be able to develop economically balance status.
Take for instance the INCOME GENERATION, this is a process of setting series of businesses in other to grow balancing.

INVESTMENT WEALTH BUILDING: this is a process of investing in real estate and crypto, in balancing economically.

This can be applied initially based on skills. For example, if someone has the best ability for business, then develop that business to achieve success. Once the business is running well, we can learn to invest to further increase our income, or we can do the opposite, based on each individual's abilities. To create balance and wealth, one requires knowledge, and I believe it can be learned if one has a strong intention and determination. Sometimes, persistence is difficult because the process is not easy.

The courage to step out of one's comfort zone must be cultivated so that taking small risks is not a problem because we know what we are doing. Most importantly, these risks are based on the right actions to achieve life change. Building wealth is not easy because it requires personal abilities and skills so that every decision is based on accuracy will achieve the opportunity for success.

A strong desire will be the main factor in someone's self-development, regardless of whether they possess basic skills or not. However, if someone has a strong desire and consistently learns, I believe those skills can be acquired, and economic self-development will slowly occur.

A person must indeed step out of their comfort zone if they want to change and make significant efforts to achieve success. It won't be easy, and it requires consistency and hard work to achieve it, and not everyone is willing to undertake such difficult endeavors.

[Fiatless]

the role of government is important to support  the economy government should introduced different courses or training programs through which people get educate themselves. government can guide the public about which is most profitable and stable sectors with proper guidelines individual can improve his economic condition which ultimately lead better economy condition.

The mentality of depending on the government for all forms of support is wrong. The government will not do everything for you; they have other responsibilities. One can learn different skills through the internet, specifically YouTube.  The role of the government is to create ca onducive environment, such as favourable regulations, provision of security, infrastructure, which will enable businesses operate without much problems.

You have the responsibilty of identifying lucrative businesses that will floursh in your area. You could check the goverement economic plans and get information that will help your establishment.

[Iranus]

INVESTMENT WEALTH BUILDING: this is a process of investing in real estate and crypto, in balancing economically.

STOP! Why invest only in real estate and crypto? Why such a poor understanding of this process? Where are stocks, Treasury bonds, mutual funds, currencies, futures, and ETFs? There are so many investment instruments in our world, and yet you're still so limited in your thinking. Try to broaden your horizons and consider other options to expand your investment portfolio.

What you said is not wrong, there are many good investments for us to choose from. Financial investment is very broad, not limited to real estate and bitcoin.

But we shouldn't be so quick to call OP narrow-minded. I mean, we come from different parts of the world and not everyone is as lucky as we are to live in a country and an environment where we can know and have access to everything. You know, there are a lot of people who have never seen physical gold in their entire lives, never had any exposure to forex or stocks. All they know is crypto and maybe real estate. So there is nothing wrong with them just sharing what is within their understanding.

[ancafe]

A strong desire will be the main factor in someone's self-development, regardless of whether they possess basic skills or not. However, if someone has a strong desire and consistently learns, I believe those skills can be acquired, and economic self-development will slowly occur.

A person must indeed step out of their comfort zone if they want to change and make significant efforts to achieve success. It won't be easy, and it requires consistency and hard work to achieve it, and not everyone is willing to undertake such difficult endeavors.

In your opinion, do desire and mindset have the same meaning? I see many people who fail to achieve a better life because they lack the mindset to overcome complex life problems. Instead, they constantly talk about their desires but never implement them, thus finding no way to change their lives for the better. Some people lack the ability to earn money online, so they have to work traditional jobs. Currently, job opportunities are very limited, making it difficult for them to adapt.

In my neighborhood, people spend more time in coffee shops, and they generally say there are no sources of work available, forcing them to survive with whatever they have. But sometimes we see some people who are active and able to utilize their existing potential can actually make money and it seems there is a gap regarding the current human resources.

[Jatiluhung]

I personally feel very confident that I am also in the process of developing myself economically. Not only economically, but also emotionally and in terms of knowledge. And even socially. Because all of these things are inseparable if we want to truly achieve the best economic status. And my goal is the same as most people here, which is financial freedom in the near future. I don't want to wait until I'm old enough to achieve it. I want to be successful at a relatively young age because I want to enjoy more time and I have goals to visit several countries I haven't had the chance to go to yet.

An important asset besides money itself is building relationships or social connections, building knowledge (continue learning and make reading a habit), building emotional intelligence (be someone who tries to control their emotions, which will increase maturity), and all of that will be needed in the process of building better finances. Therefore, become someone who is mature in thought and emotion, has a broad perspective, has many connections, and is disciplined in career and business development for the purpose of financial growth itself.