Many people want to be like the rich ones but they are not ready to do the things the wealthy ones are doing..
Some people were born into riches but there are also some people who are selfmade, they climb the ladder of success on their own without any parent or generation wealth....
The difference between them and the others is that they choose their priority, they were willing to take risk and they invested in asset rather than liabilities...
If an average youth make some huge amount now, the first thing that comes to his mind is how to buy the latest trend, phones, clothes, car and so many things that cost more money to maintain.....
People envy the rich ones, they say the rich get richer while the poor get poorer, why is this so? it is because the mindset of the rich and the poor is totally different... The rich ones use their money to gain more money while the poor are scared of losing the little they have and end up spending it on food and other things they need rather than invest....
A good example is lazy-panda who invested more than a million dollars in Hbd and save it to generate interest... 12 days ago he got an interest of 16 936 hbd! so getting this amount every month will amount to over 200 000 hbd in a year.. Just imagine! that is how millionaires and billionaires are made... Investing.....
He would have made his capital back within 5 years if the apr of the hbd interest remains at 20 percent annually, this is using money to get more money....
The excuses that many give is that they do not have money, how are they suppose to invest big, most successful people out there start from scratch, i do not know lazy-panda story but we have other millionaires who started from nothing and are now worth something, it is all about our mindset...
Do not rush things, because rushing into business without good plans can result to loss rather than profit and also do not starve yourself to invest, it is person who is healthy that enjoys wealth... Do things moderately...
Live comfortably, save some money if you have enough and invest when the right opportunities come like lazy-panda took advantage of the hbd interest....
Just call me Burl.
I am a gamer, motivational speaker and a crypto enthusiast
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Giving up is not an option, every hustler has a pay day
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This is a good read.
People want to get rich but they don't want to do what the rich are doing. Sad reality.
yea some people are not ready or willing to take any risk in life, they forget that the successful ones are those that did things others are not ready to do...
The rich get richer… fact.
And yeah it depends on our mindset, how far we want to go depends on who and where we want to be. That’s life for us.
I don’t know lazy-panda belongs to an individual. I thought it was a joint account owned by hive Learners ooo. But I will say I learned something from this. We keep learning all day.
lazy-panda belongs to someone but he is doing a great service supporting the hive learners community
That’s so generous of him.
this is so true, people are scared of investing including me. What if we lose what we have right now or there are other things on daily basis to spend on, but everything can be done. Just doing some proper working or taking advise of experts to invest in anything. Little by little, things could get better. Thanks for sharing some reality 👍
i understand there is responsibilities and 60 percent of people would rather use the money they have to sort their problem than invest and that is exactly why i made this post... No pain no gain🙂
You are right, investing blindly is not the way out, but everyone need to cultivate the habit of saving just for opportunities like this hbd apr
yeah right small small savings can make a blast if invested at the right direction. I get this point lately and so, trying to save for future. Your blog is eye opener for many
thanks my man☺️🙂
Investment is a risk thing, is either you win or lose, and I alway believe in taking of risks but with management so as to not lost all when things go wrong. Thanks for these investor vibes ✌️
I started off poor. I scrounge in garbage cans for recyclables when I was young. There were days without food. At school there were events I couldn't join because they were too expensive.
While my wife would deny it I believe that now I am rich. I know God, have a wonderful family, have no financial worries and can enjoy nice things every now and then.
Investing mindset is great. Buying things that will appreciate in value is wise.
Being humble and living below your means is also huge.
Being grateful for everything helps. Gratitude leads to contentment which has two benefits 1. Less like to impulse spend and 2. Being happier with life.
I could write something more on the topic but I just wanted to say it was a great post. Honestly. However as an old person who has walked the journey from nothing to something that has more to it.
Nice piece here, its definitely good to take risks too and i believe for anybody to grow you will have to definitely try selecting your type of risk..
Not taking risk or investing is a risk itself .
I just believe its basically fear of the unknown that keeps people in their confort zones