Post
Topic
Board Economics
Re: How do you deal with financial stress?
by
Mahanton
on 03/10/2023, 20:55:40 UTC
Actually, many have been mentioned on this thread like the following;

  • Real estate
  • Business

And it's not just about having those investments or assets. You can also have employment that's good paying or if not, as long as it brings food to your family's table. That's what matters on these days when everyone is struggling and having a hard time beating up the inflation and are just in the recovery period of their life statuses.

Well, I think financial security is also very necessary in investing, especially in the world of digital currencies, for example BTC, along with various other aspects of financial planning, as @Antotena said, because we are also just ordinary people who do not have the power to see the future.

What you are saying is that fulfillment is the main thing and it is natural for you to say that because what must come first is fulfilling the minimum basic needs in the family, food must be prioritized regardless of whatever conditions are occurring. We can still endure hunger for 1 day without food and only consume water, but our children may not be able to.
Been there and done that, it's a real situation that many are dealing with. Like we can survive and that's true since we're adults but we can't attain this survival the same goes for the younger ones that we have, especially toddlers. It's understandable that someone can't invest with those when he's focusing on providing food for his family. Many are in that situation but, there can also be some ways of doing things on your own if you want to invest. There is no need in sacrificing the budgeting part but, what you need to sacrifice is to add extra effort for you to earn more with another source of income.
A must thing to be done but this isnt something that you could really be able to attain so easily. It might really that sounds easy but the truth is that due to competition and lack of opportunities then for sure it would really
be just that so hard on getting some extra jobs or having those extra income on which you could really be able to get. If it was easy on the first place then tons of people or most of us wouldnt really be facing
any tough challenges in our life but we are totally seeing the different thing. For those who do struggle then for sure they are really that thinking on having those additional income source but since to those common
factors then it isnt something that so easy on doing so and this is why we do really need to have those sacrifices.Yes, its not really that something that we do like to happen but since we dont really have no choice
then it would really be just that so sad that we would really be needing to do it for us to survive. If we do really need up to survive then adjustments should really be made.