You are viewing a single comment's thread from:

RE: On self and finance #1

in LeoFinance4 years ago

If I had an opportunity at a fairly good enough pay to be a mail man, I will gladly take it. Over the years, ive not had much chances of committing a lot of money into long term investments, but I have done so with my time and that's what I'm holding on to now as I'm watching them grow. Due to the time spent, ive also had to pay a lot of attention, and through this ive unknowingly become savvy in some things that I might not have before, things that are quite important as the world continues to evolve into this state of crypto, things that could generate me some sort of income down the line, this motivates me a lot.

We have the chance to build our future, invest into it, save into it, work towards it, anything to make it better than just folding arms and wishing away....

Glad to know you're doing your bit to ensure financial liberation,..I wish you best of luck in your journey

Posted Using LeoFinance Beta

Sort:  

There is only so much money that you can save by not spending. I think too many people get focused on the frugality side of the equation.

In our home we do focus a lot of time on what we spend, but more in the value side of the equation. We will spend more for higher quality, etc.

I think spending time on the earning side of the equation is a better investment. The trick is then NOT to spend more just because you are earning more.

For example, we have no plans to increase our spending in the near future even though my company is starting to pick up again. Instead we have a schedule that ONLY removes a certain amount from the company to the personal accounts for spending and personal savings. There is a "max" amount that we keep in the company and the rest is automagically invested in low risk, low cost ETFs.

Our personal savings are in two buckets, one in cash for emergency expenses and the other in higher risk ETFs.

Sorry for the rant. I just started going and couldn't stop.

There is only so much money that you can save by not spending

I totally agree

Lol its very fine...a lot of good points to takeaway here, thanks for sharing your opinion

Posted Using LeoFinance Beta

The pay was bit over 11€ per hour, it's on the low end in Finland, but not the worst there is, especially for an entry-level job. But really, it was the extra hours that really counted and allowed me to accumulate a lot. Can't do that job and that volume anymore though, got tired of it.

Everyone here on Hive is definitely more savvier than 90% of the population :D

Posted Using LeoFinance Beta

Everyone here on Hive is definitely more savvier than 90% of the population :D

Exactlyyyyy! Not to talk of my region...