Having less money can make life more difficult as we're in society. Money is centralized and access to loans is controlled by banks and by the government, while wealth is owned by the few elites who do not help the new business owners with capital expansion projects.
Once you have made enough money, you have achieved what's called the "safety" stage. You are able to afford food, housing, education, clothing, and daily necessities for you and your loved ones; everything else will be extras.
I am so concerned about the decline of the cryptocurrency market.
Is this only a momentary fall, is blockchain all hype, or has that time come when experts will regret bashing it?
My concern is more than whether it will rise to its full value again (well, maybe). No other thing bothers me than the way people handle their digital financial resources and wealth!
I am convinced that many Bitcoin owners don’t have a proper plan and knowledge of what extreme changes may occur in the future. You cannot just dump your assets! And I am very much touched by seeing some Bitcoin or cryptocurrency holders fighting lifetime for them and not giving up. I guess you never stop learning during your lifetime and these 2 groups of people´s life stories are lightbulb moments for me.
Luckily there are people who surprised us with the clever use of social media to start meaningful discussions on how to get out of this gloomy bearish mood."
Money provides what every “needs”. As Straining put it “you need it to live a life that supports your fundamental desires and needs”.
The relationship between income and happiness is a popular area of research. A number of different surveys have shown that richer people of higher socioeconomic status do not necessarily report greater life satisfaction or well-being over individuals with lower socioeconomic status.
The correct definition of wealth: Wealth is the abundance of valuable resources or material possessions; or a great quantity, as in money or property holdings
Money is something most people wish they had on greater levels. This successful series by Tim Ferris helps readers work out their personal finance and ensure they're in control of their finances.
Tim Ferris books have made headlines in the past 11 years, becoming the modern millionaire's bible on how to get rich. The series is perfect for people who want to know how money really works—and what it really can do for them and those they love.
It’s easy to spot a multi-billion dollar company that may have a CEO of high performance and even wealthier rank, but starting from nothing with no skills at 37 years old was unheard of until I built his fortune from scratch by utilizing his drive as well as taking substantial risks along the way. He might not boast education and skillsets that others would typically employ on their way up the corporate ladder, but he has become an ingenious billionaire inventor, who can solve almost any problem creatively with delayed success but always outdoing everyone/
However, in this economic climate, optimism about the tide turning and societal values changing is often difficult.
My journey to the world of crypto.
NFA: Not Financial Advice!
