Quote from: benalexis12 on Today at 11:01:35 AM

Quote from: cryptomaniac_xxx on December 10, 2023, 09:27:32 PM

Quote from: Pi-network314159 on December 10, 2023, 09:03:51 PM

Greeting to you all. I seek financial advice from you guys. My uncle who happens to be a contractor has been winning several contracts, but when the money comes all his plan becomes void simply because he I'll end up going to parties, drinking, womanizing and living a luxirious lifestyle. Although he is married and had kids but his youthful exhubirant has not yet left him even as his married and it's causing alot of problem in his family. When he has no money he thinks straight but when money comes he becomes unpredictable. He has really sufferd before he had this last chance he made over $5000 now he is seeking for financial advice, so I decided to bring up to this humble room to hear from you guys.

So what do you guys think he would do with such money to financially stabilize without going back to zero point?

I think it's very obvious what will be the advise for your uncle, stop going to parties and then don't live that luxurious lifestyle because he doesn't. He is a contractor, not a business man, so he just live by paycheck to paycheck from his clients. But what if the clients dried up? He doesn't have saving in bank for sure. So once he stop that partying, then the next thing is to go bank and save those money.

Now, if he wanted to make more money out of the money he got from being a contractor, then he needs to invest his money. So as a rule, invest what you can afford. And since you are in this community, maybe the best investment is Bitcoin. You can guide him how to be investor, for sure you should have known the how's on how to become a investor in bitcoin (wallets, safety and others).

That's right, it's like his uncle is also happy-go-lucky, is that the type who immediately goes to bars, restaurants, gigs, etc. when he has money? These things are like bad habits, in my opinion, especially if you are not a rich type of person.

There are other people who feel that they are social climbers, but they are trying hard when it comes to actual parties. So, in this case
we shouldn't be like this instead, we must know how manage our money properly.

They wont really care since they arent really experiencing those kind of devastation or damage but on the time that when damage is there or things turns out to be not good anymore then this is where self realization would really be starting on which same as they been saying that it would be better that you should really be letting your uncle be doing on the things that he do wants. It is really just that his money then he wont really be caring about on the words that he would really be able to hear around as long he would really be that making or engaging on the things that he do prefer into then this is where he would really be definitely be not stopping son or not until that he would really be exhausting up all the money he had.

We do know that there's no such thing about unlimited fund into this world on which it would really be just that so normal that you would really be having those money in temporal but if you arent that
mindful about on the spending you are making then sooner or later you would really be finding yourself getting wrecked and just like been said that you would be starting
to regret on the time that you dont have money on your pocket.