Post
Topic
Board Economics
Re: Habits that can lead to your financial failure in 2024
by
0t3p0t
on 11/01/2024, 04:52:30 UTC
~snip
Social media is one of the reasons why many people end up having the cost of living continue to rise when their income also rises. Seeing various displays on social media makes people always interested in doing what other people are doing or also buying what is trendy even though it is not that important and just to fulfill your desires or even just to show off, so it is very necessary to carry out financial planning and be disciplined with what has been planned and only spend more from the excess budget which would be wiser if saved or used as an investment.
Seeing and following what is seen on social media is wrong for me. Their appearance on social media is not their real appearance, aka fake, which is far from real life.
I think something like that is not worthy of imitation for those of us who see it. We remain firm with a plan that has been made carefully and is full of calculations.
Minimizing unnecessary needs no matter how small and preparing no matter how small emergency money at any time are good habits that should be implemented in annual financial planning.
Of course, why would someone listen to those influencers on social media? doesn't make sense specially in terms of financial and other matters that pertains to our money. So still need to develop our own strategy, our own habits on how to be successful and not be a failure this year.

Each and everyone of us are built different, throughout my life's experiences, I have seen people who manifested money very quick and then there are individuals who will have to grind it out year in year out to make money. So just strategized what works for you and not copy others as everyone is not the same as far as financial and money goes.
Exactly! Because some of these influencers were paid to do such thing or they made money through offering crash courses. It's on their own interest and their financial advices might not work for us and that is the reason why we need to think twice before taking their advices.