I'm just freewriting whatever thought comes to this post. The title previews the 3 top thoughts that stuck with me for the past weeks.
Markets Down
There's not much to be said that hasn't already been said or seen. Hive didn't run up like people hoped and BTC looks like it's entering another downturn of the cycle. The US markets are down. It's just the way things are. I got to thank the previous bear market for teaching me not to get caught up with the Hive price and just chill.
Old me would have probably been busting too many posts trying to accumulate but not this time. I'm more focused on trying to expand my other avenues of income than just relying on salary. Because there's no better time that seeing the dips keeping dipping.
The markets are down and things are bad. But it's not as bad as Pandemic levels of uncertainty. At least in these times, the market may sing a similar tune but they are in a familiar rhythm than pandemic times. That's why I'm more optimistic about this downturn as a point of accumulating more. Save up cash, buy stocks or crypto that dip, that's my goal anyway
Money Capacity
I heard this from a friend that is even more thrifty than me. Non verbatim but that thought was that each person has a storage capacity for the amount of money they can handle. If you give someone who isn't used to dealing with a lot of money, they may squander it or underutilize it. It's like seeing someone from poverty winning the lottery and became an overnight millionaire. The horror stories that follow are mismanagement of that money and eventually leading back to the same lifestyle that brought them misery.
If someone doesn't have the discipline and knowledge to manage a small amount of funds, they'll never be ready to get more of it. The personal storage container increases with financial literacy so that whenever more money comes in, money doesn't readily spill.
This is how people that were trained to live how to accumulate and protect wealth do better at life compared to those that constantly live in survival mode. We got AI to help us get free knowledge and some google searches. What I learned about attending multiple free webinars and paid ones related to financial literacy is that most of the stuff can be readily access through chatgpt if you knew what to ask for.
Improvement
Taking a vacation for an entire week next week but this time it's a planned study vacation. What? well it was a last minute decision since I can't monetize those leaves and I'm mandated to take them anyway. I plan on using my vacation time to study more, catch up with my art hobby and learn something outside my profession. I think this is better than spending more on costly trips.
I like to travel and all but I prefer raising my invisible stats so that when I get reincarnated on a different world I'll be OP.
Thanks for your time.