I took time to research and observed that 75% of youths their problem is inability to develop their capital in capital market, most at times we are bless with so much that one find it difficult to control your finances or resources. I notice it usually affects people do not work hard to earn but probably the gimics or scams that makes them to make this money easily but after a while you discovered the person down why?
Now we should try this simple steps in developing capital either in savings, capital market or investment it's all same principle....
1. Don't spend more than you earn it kills capital through lack of wisdom
2. Development an attitude of reserving "spend and save in quote"
3. Read books on financial market and its products
4. Learn to engaged in investment
5. Be curious about things and ask a lot of questions
6. Don't underrated any money with you, no matter how small it is...its always have value towards something
7. Admire other people success and think where you're going too.
8. Save, invest and take good care of your health.
I hope this is helpful?
Very helpful, Though there are many people who cannot save nor invest because they want to lavish their money in unnecessary ways, you know when it comes to money if some people have it they cannot control their self anymore until they see an end to it, at which point they will be thinking how do they spend it. This is why I want you to understand that not all of us are capable of saving money as thought. Many people earn money to solve the problem of the many challenges they are facing.
Most of people are still looking for ways to increase their source of income, but many don't believe in Bitcoin. I once spoke with someone who advised against investing in Bitcoin and suggested instead of him to invest in bitcoin he would rather waste the money on gambling because it seems the same way to him.