Life is hard but some people are living soft lives, life is hard some people are getting married, buying luxurious cars, and living a sophisticated lifestyle...
There are many news of people building houses on Tiktok, they do not have two heads, if they can do it, you can do it too but first of all, you need to stop spending all your time wishing you were in their positions and start acting towards achieving things like that too.
Words without action are nothing, wishes without effort are also nothing, it is time to plan and be among the lucky ones.
I believe in the quote No pain no gain, all the successful people you see have one thing in common, they have a story to tell... I do not mean those who were born with a silver spoon, I mean those who rise from grass to grace, self-made millionaires and billionaires.
They failed many times before they became who the world celebrates, so never be scared of failure, every failure counts towards your success.
This is one of the mistakes that the youth of nowadays make, they spend their income on liabilities rather than assets, they want to live in a fine house, they want to use the latest car, they want to wear the latest wears, and so on... Imagine someone who hit a jackpot of 25 000 dollars and the first thing on his mind was to get a Lexus car that worth is that exact 25k dollars, then the person stops seeing money and ends up selling the car at half the price he bought it within 7 months, Car is never an asset, it is a liability because it only consumes more money from you that is needed to maintain it, the cost of fuel and repairs... For a youth that is just growing, a car should be the least of his worries and in my opinion, I don't think one should save up to buy a car because How would such a person maintain the car, A Car is meant for people who earn enough to buy and maintain it.
He could have doubled or tripled the 25k dols if he invested wisely! There are a lot of businesses that could give you a lot of profit if you invested that much which makes me wonder what my reader would use 25k dollars to do if they are lucky to have it.
source
It is also not wise for someone who is earning 100 thousand Naira to be living in an apartment worth 1 million annual rent, that is like 80percent of your annual income on house rent alone and there are still other bills to be settled, you leave no room for growth, at least 30percent of your annual income is good for house rent, the other 20 percent bills leaving you with 50 percent which you can save or invest.
The reason why we save money is so we can have the money to use when Opportunities come knocking on our door, for example, for people involved in crypto, now the dip is affecting all coins but for those who saved in Usdt, it is a good chance for them to grab the opportunity of using their dollars to buy the dip and make more money when the coins go back up.
source
I know many of us are dependent on Hive for a living, what will happen to you if Hive crashes someday? will you survive or you are going down with the platform? if your only source of income is Hive, if any bad thing should happen to Hive, you will see the other side of life, so hence we must not depend on only one source of income.
Last week I heard about a fire outbreak that happened in a market in Lagos and how people's shops and goods were burnt to ashes, many people were in tears and a few tried to commit suicide because all their money was invested in buying goods in the shop, now what would they do, they have a family to take care of...
We must learn the act of Diversification and venture into more than one business, yea a jack of all trades is a master of none but it is better than losing all that we have in one single swoop!
Just call me Burl.
I am a professional gamer, motivational speaker and a crypto enthusiast
Discord: burlarj#8326
Twitter id: burlarj1
Telegram: burlarj
God exists, I am a living testimony
Giving up is not an option, every hustler has a payday
Don't wish for it, Make it happen
