The best financial decision I have made this Year
Hello Hive
Difficult as it may be to make money, we have to guard around how what we earn and how we spend such income.
Making money can be very challenging either from running our personal jobs or working for someone. Sometimes you make huge sacrifices and commitment to what one does has to be there.
If you think its easy to make money on web3, try blogging on hive without engaging, been consistent or going extra mile, it is possible that you will remain at a spot for a long time.
Rigorous exercise has to be made to stay active and connect with the right people before any positive progress can be evident.
The best financial decision I have made this year is to watch my spending and guard my earning.
If we are indeed planning for the future we have to cut down on our spending and only spend our monies on the most necessary things alone.
No time to flex, live luxuriously or be extravagant in our spending.
The other decision was to find a multiple source of income.
Crypto alone may not be sustainable and on days where the candles are dangerously red and you have emergency spending to do, having some funds from an outside job will be a saving grace.
I have seen some persons rely wholly on crypto as their source of income, these are the categories that lament alot during a bear market, either they are forced to hodl or dump their tokens when emergency need for money arise.
Backing up your crypto earnings with an outside job makes your financial journey an easy one.
That's good to know, financial discipline is great gain
Exactly sir.
Thank you for the constant engagement here.
It's a pleasure
There are certain facts that we should have learn more about right from out childhood but unfortunately, the school curriculum is made in such a way that they are ignored. Financial psychology is one of them.
Decisions that one make with money determine the next level that they will maintain which is either rich or poor.
Your decision is interesting and worth emulating
Exactly ma.
Those are some important addition from you.
Thanks for this addition.
This is right! It is especially necessary to avoid unnecessary expenses associated with what culture and society imposes on us. Something like fashionable things that we don't really need. With regards to cryptocurrency, for me it is not about earning more, but about investing for many years. That is, you just put the coins in a portfolio and forget about them)
That's true.
Forget about them but not the password or seed phrase, I often forget passwords alot.
Thank you for this contribution.
It's just a hard time for those who rely solely on crypto when the market turns red. The importance of having multiple income streams becomes evident during this time. There are great opportunities available to us on web3 but we have to work hard and smart to utilise them properly in helping us achieve our desired goals.
That's right sir.
Thanks for the addition.
Well, you're most welcome :)
Thanks for the motivational and informative post.
I guess it would be a mistake to just rely on it. we are in same idea.
Its good to know that you are of the same idea too.
Hope you are enjoying your evening.
Thanks for stopping by.
thanks