How Hive and Leo Make Great Investors

Over my years I've gone through jobs, roller coasters of wealth and poor and some shocks. It's life and things get thrown at you constantly. But there's a certain way to deal with it all that adds up over time and creates real wealth. In this article I'm going to go over what that method is and how its being applied right here on LeoFinance via the LEO token and Hive.

How To Build Sustainable Wealth

True wealth is being able to live your life with good shelter, healthy foods and water. Outside of that everything is extra granted I might throw the internet in there for myself because you pretty much NEED that now for investing lol

It doesn't matter how much you make what matters is your investing whatever you can whenever you can and then living off of that interest earning income only while everything else gets stacked on top of that.

For example: Let's say you need $36,000 a year to live off of. That's $3,000 a month or $99 a day. That means your month over month income from INVESTMENTS such as interest savings, stock dividends, rental property or any other host of investment incomes is what needs to be generated. As soon as you hit that threshold any extra earned would then be reinvested. This reinvestment would allow you to start earning more then what is needed to live your life and allow you to start expanding on things you might want to do otherwise.

Applying This Method To Leo and Hive

What's really cool about crypto and blockchains such as Hive (and layer two token LEO) is it already has these methods built into it. The way it's setup is designed to make you want to save and then either live off of the extra interest earned or reinvest it to earn more.

Lets break that down a little more.

Hive is earned by putting in work and/or investing much in the same way of having a job and investing into a 401k etc.

Work by writing quality articles, leaving quality comments and so forth. This is paid out to you on a 7 day cycle.

Investing by Defi such as PolyCub Polygon and Hive DeFi, staking your hive, leo tokens to earn curation and interest.

It might not seem like a lot and most people are going to be starting out with about 100 Hive or 100 LEO. But staking that and working with it starts the compounding and investment living process.

"Success is the sum of small efforts repeated day in and day out" - Robert Collier

This process will add up over time as long as you commit to it and continue with it. Set yourself goals such as reading and commenting at least 10 articles a day. Writing at least a blog post a week of quality and so forth. See where you can scale it and if it's worth the effort or not.

These processes over time will start building you sizeable passive income and also influence on the chain allowing you to do more and earn more.

Don't let yourself get in your way anymore. Understanding these basic investment and life choices will set you ahead of millions of other people and allow you more freedoms with time and living the dream projects you always wanted to do.

Posted Using LeoFinance ^Beta