Hi, Steemians Jhayson here.. Let’s talk about your future today!
Did you know that money alone doesn’t make you rich? Well maybe some of you reading this already know this principle but I bet that 50% of steemers if not 70% have no idea to this topic and I’ am here to share what I know. Okay so let’s begin.
First, let us define Money! According to the Dictionary.
“Money is something generally accepted as a medium of exchange, a measure of value, or a means of payment.”
The definition itself is clear, MONEY is a MEDIUM of EXCHANGE, MEASUREMENT of VALUE and MEANS of PAYMENT! But for some reason, to others, money is EVERYTHING. Big difference right? They think that money is the answer to all of their problems but in reality, money gives them more problem. That is because they can’t control their bad spending habits. Yes, having more income is nice but if your expense increases proportionately to your income, then nothing much is changed much worse if your expenditure is greater than your income. If that’s the case, then my friend you are in big trouble. I guarantee you.
Evaluate yourself. If you feel that something is wrong in you financially, then it might be the best time you do something about it.
The first thing to do is control your bad expenses, what I mean with BAD expenses is something you spend but with no expectation of return. For instance, buying the latest smartphone even if you still have the later version of it or buying your dream car but through credit even though you didn’t need it much. Those examples are bad expenses and that expense makes your life miserable. Expenses like that take away your money out of your pocket monthly.
Before you spend your hard earned money on something, think about it for a second. Ask yourself, do I really need this or I just want it? Because rather than spending it on bad expense, you can spend it on good expense. What I mean on good expense is… Yup, you guessed it. Investments! I think many of you reading this is familiar with this word. This word “INVESTMENT” is your key if you want to be financially free. The rich people do not work for 8 hours – 10 hours a day to make money. Remember that.
THESE ARE GOOD EXAMPLES OF INVESTMENT
- Business
- Real Estate
- Stocks
- Options
- Commodities
- Currency
- Cryptocurrencies
In conclusion, the first step in achieving your financial freedom is to control your expenses. Change your habit of spending from bad expenses to good expenses like the one on the list above. Take control of your finances today. Always remember that you have a choice in your life, it is to WORK for MONEY or let MONEY WORK for YOU. You decide.
Thank you for reading this Steamians!
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YES! Don't work for money, let money work for you!
Correct ate. That is why i am investing in cryptocurrencies.
That's right. that is how investment works!
That was a great post sir. I am resteeming it. You have earned a follower sir.
Thank you for appreciating it @ankarlie :)
Very interesting postings, everyone wants money, for the money many people commit a crime, they, even our own if not able to control, then the money will enslave us, plunge us into the path of evil.
Live sober and be grateful for what is there, then the pleasure is always with us.
Thank you @jhayson have become friends in steemit media, hopefully it will continue.
Greetings...
Thank you for reading it, I hope many more people become aware of it. anyway nice meeting you @marzukie.
I totally agree with you! Investing is better for the person itself, but also for the economy! Other people get the money and can spend it. If people have a lot of money on the bank, it will have a bad influence on the economy of the country. I always tell my friend here, don't send your family money, buy them lot. they can plant corn or rice on it, they can earn and if you need money some day, you can always send the lot and it will become more worth in the future!
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