Let's talk about our personal finances

in Project HOPE6 years ago

In my opinion, it is becoming more and more indispensable to learn how to manage our finances. I believe that this current difficult situation in which many have become unemployed has opened their eyes to the need to make a true New approach to their personal economy.

Has it ever occurred to you that if you had saved enough, you might have fewer worries right now? Or have you ever thought that if you had several sources of income from previous investments, you would be in better shape today?

Surely some of these previous questions or some similar ones have arrived in these difficult times, but, we are on time, CRISIS STRENGTHENING US, and it is never too late to learn.


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Calculator in hand we must take our realities and count them, it's not about if we are good or not with numbers, it's basic math, adding or subtracting, how much do I earn, how much do I spend, and if I don't have to spend it all, I don't, it's something basic, don't you think? This is a simple way to be able to save some money and then be able to say I have something for emergencies" or "I can invest in something".

Saving can be done by anyone, you don't need to earn thousands or millions of dollars a month to be able to, not to underestimate the fact that it's only a dollar you can keep in reserve, maybe that's the way you have a good capital gathered at the end of the month or the year, for example.

Obviously, the best thing would be to see what those expenses are that we do and that are unnecessary, come on, I'm sure many of us have them, and the ideal is to manage to omit them and I'm sure that at the end of your accounts it won't be just a dollar that you can have saved. Note: I'm not talking about necessary things, although at this point there are also variations in what is necessary for some and not for others.
A vice like cigarettes is usually a necessity for the addict, I understand, after years of using that legal drug the body asks for it, but, come on, how much do you spend on that vice? That's something you should also take to the calculator, don't you think so?, obvious, I'm not judging by it either, I'm just saying that there are things that are not really necessary to live... (personal opinion)

You have to take advantage of these moments to be able to have plans, I believe that to a great extent most people have time for this, to organize themselves on the basis of this new reality and to be able to take advantage of it, you have to read, investigate, learn many things from which there are now but not all that glitters is gold, earrings with the scams, because there are also those who look for the way to take advantage of the minimum carelessness and make you stay in a very bad situation. But, not to stop in the search of more options of income, and of an economic improvement.

For now I'm saying goodbye, I'm not a financial advisor or anything like that, but I am someone who is completely convinced that things can always be much better than they are.

Until a future publication, thank you very much for your attention.


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I envision crypto making personal finance more personal. Right now, unless you're very wealthy, finance is something that is governed by banks. Paying bills and all the hoops that the average person must jump through makes finance such a burden.

I hope that soon, it will be easier to pay for the basics. I also believe that the crypto environment will redefine many aspects of the economy and personal finance. Banks must turn around and adapt to the new, I hope.

I'm eyeing ripple and ETH for banks
they may not like btc

Yes, for commercial movement and payments, for the capacity of intelligent contracts, scalability, among other things I also believe that the banks will prefer Ethereum and Ripple to BTC.

Saving sounds like a great idea, but then you have to be ahead of your bills, that is something difficult for many people worldwide.

Multiple income streams, I think that is easier to create than a savings.

Many of us have steem, and hives, will soon have blurt, and then ZAPATA. Keeping a bit of our blogging earnings and putting them into a coin that earns interest, now we have a bunch of little streams waiting to grow. Especially if you remember that the blockchains like steem pay for your writing, commenting, curating, any delegations you give, are interest bearing and can also grow exponentially.

Looks like many of us have a few income streams.

Diversifying income, that's what it's all about.
A stream of money can grow by a few percent, and if there are several of them, they eventually add up to something that can be significant.
Yes, according to you, we will soon have diverse, and varied, income.
Thank you for commenting.

@josevas217 first of all very solid read. One should be prepared for his future. We cannot predict what will happen in future but we can avoid mishaps but proper financial understanding.

Thank you for commenting @adityajainxds and for reading my publication.
If, in reality, it is impossible to get to know about the future, however many of us try to prepare the way, things are always subject to change.
But we also agree that we need to prepare for the future. Education is indispensable.

This pandemic has opened the eyes of so many to increase their savings and investment knowledge and I know that with time a lot of people will become better with their investment and savings.

I totally agree. This current reality has made us more aware of many things, and as far as finances are concerned, it has been necessary to learn more and to hurry

I think one of the greatest problem some people have is the inability to manage their personal finance and this may actually affect their level of income.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead
❤️💕❤️💖💕💖💕💕❤️💕💖💕❤️

It's a big problem. I think it has to do with what people are used to with the security that a biweekly or weekly salary gives them.

Plan and carry a financial discipline is a vital part, everyone needs a minimum of financial education, and in fact it should be a compulsory subject in each school

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