Altcoins Talks - Cryptocurrency Forum
Further Discussions => Economics , Sociology & Politics => Topic started by: Uruhara on July 10, 2024, 10:31:42 AM
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Environmental factors sometimes influence us personally. Whether in psychological, moral, ethical or even financial terms. And now what really makes me curious is have you ever met or come across directly people who have achieved financial freedom in the environment around you?
If there is and you have ever met people who have achieved financial freedom then what lessons can you take from them?
I have a neighbor who already has financial freedom in his life. Even though he only achieved it at the age of more than 50 years. But now he can really enjoy his life well. And the lesson I can take from my neighbor is that he is the hardest working person, he is never heard to complain and he always looks grateful for everything he has. He is also good at respecting other people.
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Let us get this right..... Hardworking is not by stressing yourself out on day to day of worning out your physical and mental abilities but by smartness of bringing to your best of creativity and implementing on utilizing them productively with a diligence thriving strickly to achieve your Financial growth and then you keep to expand in diversifications to various earning windows strickly tied to the hedge of beating an inflation.
It could also be of grace to where you are destined to prosper because what you may have put your best into and did not work out for you could become a success to someone else who just stepped an inch. We just need to discover what we are really good at and what seems flexible for us to do without feeling the pressures of panicking and then, consistence could always lead us to flourish earnestly.
I do know about a neighbor who is rich enough and has varieties of real estate investments in including stock markets. He lives more like earth here is heaven for him because he had put all courses of financial generations in place which I assume he is on a financial freedom but the truth remains... I don't learn anything from him because i am not a relative neither close to him to acquire lessions from him rather I only admires him and hope to also gain my access to financial freedom. I don't know the origin of his wealth that is the fact.
I am still grinding and only those around me can tell Better of me when I successfully meets my own financial freedom.
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Let us get this right..... Hardworking is not by stressing yourself out on day to day of worning out your physical and mental abilities but by smartness of bringing to your best of creativity and implementing on utilizing them productively with a diligence thriving strickly to achieve your Financial growth and then you keep to expand in diversifications to various earning windows strickly tied to the hedge of beating an inflation.
It could also be of grace to where you are destined to prosper because what you may have put your best into and did not work out for you could become a success to someone else who just stepped an inch. We just need to discover what we are really good at and what seems flexible for us to do without feeling the pressures of panicking and then, consistence could always lead us to flourish earnestly.
I do know about a neighbor who is rich enough and has varieties of real estate investments in including stock markets. He lives more like earth here is heaven for him because he had put all courses of financial generations in place which I assume he is on a financial freedom but the truth remains... I don't learn anything from him because i am not a relative neither close to him to acquire lessions from him rather I only admires him and hope to also gain my access to financial freedom. I don't know the origin of his wealth that is the fact.
I am still grinding and only those around me can tell Better of me when I successfully meets my own financial freedom.
I like all the points you made sir. And basically everyone has their own way of achieving success and financial freedom. but those who can really achieve it are only those who have been disciplined since they were young in managing finances and the like. And they always continue to explore their potential and take advantage of every opportunity that comes their way. And actually admiring someone who has succeeded in achieving financial freedom can also bring positive encouragement to us and make us motivated and inspired to be able to achieve the same thing one day. I continue to learn from everyone I meet. I always appreciate every experience they tell me. And yes, it is quite useful for my life.
but one thing we have to know is that not every rich person has achieved financial freedom. But every person who achieves financial freedom is someone who has achieved true wealth.
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Environmental factors sometimes influence us personally. Whether in psychological, moral, ethical or even financial terms. And now what really makes me curious is have you ever met or come across directly people who have achieved financial freedom in the environment around you?
Indeed, environmental factors may have a big role to determine the success of someone. If we are in the bad environment, we may never reach the financial freedom. Someone who lives around hard workers, he must be motivated to be a hard worker as well. But if someone lives around lazy people, he may be influenced to be a lazy person, too. So, be careful to decide where you will live, understand which people should be around you.
If there is and you have ever met people who have achieved financial freedom then what lessons can you take from them?
The lesson is to do hard efforts. There is no successful person without a hard effort. I have a friend who can be categorized to achieve a financial freedom, he looks to enjoy his life without a problem on the financial. However, he didn't reach it suddenly, he did hard efforts since he is young. If we never try to do hard efforts and have no dream in this life, it is impossible to reach the financial freedom. And we must destroy our fear to do hard efforts.
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Yeah I have met a lot of people who has achieved financial freedom some made it through trading, wealth inheritance, winning from gambling, hard works through an 8-5 job locally and some through working abroad. Based on my observation they really has different way of achieving it and that is quite interesting and that got me thinking what would be my unique way of achieving it.
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Actually all successful people are hardworking so if you want to lead your life towards success then you have to face many problems but you should not complain about everything. And when you respect people, it is natural that they will respect you. Personally the number of people around me who have achieved financial independence is small, but when i meet them then i can earn a lot from lifestyle. So anyway after financial freedom you can lead life independently without any constraints.
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i met some but i don't really know how much work they did in the past to achieve financial freedom. there is one person i know who work his time when Axie infinity was very high back in 2020.
he bought a farm land, build a poultry house to grow chickens and huge fish pond he made. recently i saw his facebook post setting up more solar panel to power up his house. this man was really frugal which is a trait that adds his success. this must be one factor. ;D
there are just people who don't spend a lot just sacrificing convenience despite the riches. he still use his old car.
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I have met people who are successful in life. But if they should tell you about their story of how they achieved their financial freedom, you will probably know that, it's not an easy job. So much hard work, losses, disappointment, and risks were involved in the journey, but they chose not to give up or quit on their goals of becoming successful in life.
One doesn't become financially free without facing a lot of obstacles, and risks to take on the way for it. It's how intelligent, wise, and patient, and the risk we can take will pave the way for us because it doesn't come easily without many years of hard work
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Yeah I did and had the chance to talk to some of them. The best lesson I guess is that you need to change something from within you before you could attract/get all the blessings that you desire. That includes the change in mindset and how you approach different situations that comes to you.
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Financial freedom comes when you are ready to achieve that.
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Yeah I did and had the chance to talk to some of them. The best lesson I guess is that you need to change something from within you before you could attract/get all the blessings that you desire. That includes the change in mindset and how you approach different situations that comes to you.
Well I also learned a lesson on this one. Because everything must always start from within ourselves, including from how we think. Always thinking positively and never giving up is one of them. We also have to be good at seeing opportunities in everything. and never miss any opportunity that is before our eyes. As long as we can do it then we should do it. Making changes always starts with a way of thinking and continues with action.
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Yeah I did and had the chance to talk to some of them. The best lesson I guess is that you need to change something from within you before you could attract/get all the blessings that you desire. That includes the change in mindset and how you approach different situations that comes to you.
Well I also learned a lesson on this one. Because everything must always start from within ourselves, including from how we think. Always thinking positively and never giving up is one of them. We also have to be good at seeing opportunities in everything. and never miss any opportunity that is before our eyes. As long as we can do it then we should do it. Making changes always starts with a way of thinking and continues with action.
Change is the only constant and that differs when we are talking about our own self because we all know that it is not that easy. But the moment we made it to change negative things into the positive one's I think I can say that what we did was the most important achievement we had in our lives. Mindset and principles are important because that is what will drive us to success. What we love to do in a positive way is hopefully what we become successful one day.
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Two of my friends Dad are very rich and I was opportune to know them and looked into what gave them financial independence, although, they are old when I met them. What I noticed is that they both invested and didn't play with their investment for once. They worked hard to see that their investments stand and was bringing huge profits for them. With their investments they were able to conquer poverty for their generations, because my two friends are doing well and benefiting from the profits of their fathers investments that is on ground. This is the same when you are able to invest in bitcoin and grow your portfolio gradually to a good size. In future, you will be financially independent when bitcoin price hits 7 digits.
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If there is and you have ever met people who have achieved financial freedom then what lessons can you take from them?
I have a few persons who I consider financial independent, and what I have learned more from these persons has been more from observation than from what they have told me.
People I know who are financially independent are;
- usually conscious about money even though they appear not to be.
- they have achieved financial freedom from having more than one source of income.
-Even though they have achieved financial freedom, they are still not lazy or careless about making more money.
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Maybe this doesn't match your expectations of financial freedom, but here it is.
I have a neighboring family living simply, they have no debt at all. They have savings in the bank which I think is only a small amount (that's equivalent to my average monthly expenses), and only provides liquid funds in their pockets for say daily needs for the next 5 days but her husband also has a queue of work waiting. About desire? Yeah they have some plans with their savings, still it's too cheap for me. Actually, there are still several lists of their wishes that they limit as much as possible until there is only what they can achieve. Damn, this is the lifestyle I want.
I can describe financial freedom in their perspective as living without financial stress, one does not have to be “rich” to achieve that. It's just a matter of managing your lifestyle and suppressing excessive desires.
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If there is and you have ever met people who have achieved financial freedom then what lessons can you take from them?
I have a few persons who I consider financial independent, and what I have learned more from these persons has been more from observation than from what they have told me.
People I know who are financially independent are;
- usually conscious about money even though they appear not to be.
- they have achieved financial freedom from having more than one source of income.
-Even though they have achieved financial freedom, they are still not lazy or careless about making more money.
Well, I also found these points in my neighbors who also seemed to have financial freedom. And yes, even though they have financial freedom and already have a passive source of income, they are not lazy. They enjoy their lives while remaining productive people. Even when they fill their lives with their hobbies, their hobbies can still make them earn more income. The point is that they are competent, disciplined and hard working people. So their way of enjoying life is quite unique.
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There is at some point a close friend of mine and a neighbor who once succeed to have financial freedom .
Why I said "Once"? then here the story ..
Back in 2007 when His dad Won a lottery jackpot and yeah that changes their life , leaving our community and migrated to one exclusive subdivision and leave a wealthy life.
From there we even lose communication because they stopped talking to people from our community(including me maybe because they wanted to have full security)
But one day in 2020 ? when the[pandemic is striking the world? we are shocked seeing them returning to their Old house here and start living like what we used back in the days .
And of course rumor comes as they did not admitted what really happen but the truth is they lose all the money because of mismanagement .
the lesson I learned?
Never let your luxurious life covers your normal life because that will end you the same faith as how they are now .
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Well, I also found these points in my neighbors who also seemed to have financial freedom. And yes, even though they have financial freedom and already have a passive source of income, they are not lazy. They enjoy their lives while remaining productive people. Even when they fill their lives with their hobbies, their hobbies can still make them earn more income. The point is that they are competent, disciplined and hard working people. So their way of enjoying life is quite unique.
Of course, even people can reach the financial freedom, they won't stop working. Successful people will never think to be lazy people, there is no plan to enjoy life without doing productive business. It is because they are used to living productively and working hard, they know it is the only way to be successful. Even the people have some hobbies, the hobbies must related to their business. I also know some people with this characteristics, they also have been reaching the financial freedom. But sure, they never live with laziness, they are still productive and have higher goals in their life.
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I think I consider my sister to be one, although she still needs to pay credit regularly but I bet she can live well without working for the next 10 years or so. She's a hard-working person, and she knows when and how to take chances. You also need to be smart to do that, although that's more about her working environment which demands a high understanding of certain subjects.
Not sure if she has multiple sources of income, but I believe she invested in various assets diligently. So a passive income is one of the things that help you gain some degree of financial freedom IMO.
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I think I consider my sister to be one, although she still needs to pay credit regularly but I bet she can live well without working for the next 10 years or so. She's a hard-working person, and she knows when and how to take chances. You also need to be smart to do that, although that's more about her working environment which demands a high understanding of certain subjects.
Not sure if she has multiple sources of income, but I believe she invested in various assets diligently. So a passive income is one of the things that help you gain some degree of financial freedom IMO.
Well, passive income is something that is a must have if we want to achieve financial freedom. Because we can live freely without thinking about where our source of income comes from.
Extraordinary. you have a great brother. And I hope I can also become a person who can better manage my finances and make my financial growth to the next level. Hopefully you and your siblings will also continue to achieve greater success, sir.
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I have seen many and also myself. My younger cousin brother went to school with me at the same time and we graduated at the same time and he made make at the age of 22+ and immediately got money he left his parents and leave on his own and by then I was in National Service and after my service year, I also see job and made my money and became free and got my financial freedom from there. And one thing I know is that you don't have to think of making money because your brother or friend or neighbor has made it. Be focus and patient can liberate you to the level you want. Don't imitate others. Financial Freedom is not something you rush in but it is a gradual process. Sometimes it is the environment and once you change environment, you might hit the jackpot.
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I have met friends that are succeeded in achieving financial freedom I have met someone from a friend of mine who had gained a lot of money from crypto I was shocked because, at a very young age, he had that large amount of money. we may not have the same path as them but if we work hard and smart then we can achieve financial freedom we should not rush things either.
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I think I consider my sister to be one, although she still needs to pay credit regularly but I bet she can live well without working for the next 10 years or so. She's a hard-working person, and she knows when and how to take chances. You also need to be smart to do that, although that's more about her working environment which demands a high understanding of certain subjects.
Not sure if she has multiple sources of income, but I believe she invested in various assets diligently. So a passive income is one of the things that help you gain some degree of financial freedom IMO.
Is she in the crypto industry as well or just centralized assets? Based on my understanding with the above information I can say that your sister is a highly skilled and smart independent woman and for me there is no doubt that she will achieve financial freedom with ease.
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I believe it is different for everyone Or just not really thinking about money anymore because it is continuous the definition of “Financial freedom” There are a lot of things to consider like if you are going to Be an early Retirement, Or just not really thinking about money anymore because it is a continuous income.
We all have different appetite with money, so I think it is really just different for everyone.
I learned it from someone who is financially free and he just said that he doesn’t need to think about anything any more just to live. I think it is really different when you are financially free.
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The further we more the more we see and the clearer it becomes on us to know what is ahead, financial freedom starts from the mentality on each ones head, how we see it and being able to accommodate the conviction for it, financial freedom is not just what we will be saying by ordinary mouth, but what we must take time in making everything works in our favour in other for us to achieve in life all we have aimed at concerning finances.
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Yeah I have met a lot of people who has achieved financial freedom some made it through trading, wealth inheritance, winning from gambling, hard works through an 8-5 job locally and some through working abroad. Based on my observation they really has different way of achieving it and that is quite interesting and that got me thinking what would be my unique way of achieving it.
It's hard to find an 8-5 jobs that can make you financially free, you might have money to take care of yourself and family but being financially free is a different ball game entirely. But forex trading and crypto trading has made a lot of people financially free I can agree with that. There's a catch to this though financial freedom isn't just about hitting a huge amount of money one time its about your income flow. You might win 50 thousand dollars but that doesn't make you financially free unless that money is generating more money, if this isn't done you will only end up spending all you have and coming back to square one
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Honestly It is always inspiring to see someone achieve financial freedom, especially when they stay humble and hardworking just like your neighbor. His journey shows that financial success often comes from consistent effort and maintaining positive attitude. The fact that he does not complain and respects others suggests that financial freedom is not just about wealth but also about character and how you approach life. His way of life should be an example that reminds us all that perseverance and gratitude are as important as financial goals and they serve as basic features and steps to success.