Post
Topic
Board Economics
Merits 1 from 1 user
Re: Money is all wealth?
by
Altryist
on 24/05/2024, 12:55:39 UTC
⭐ Merited by fillippone (1)
It's a means, not an aim. We often think it's the ultimate success metric due of hype. It's important for beginning enterprises and building money, but not everything. Things we can't control affect money's worth. So instead of worrying about your wealth, focus on growing it. Invest, understand markets, and build marketable skills

Consider: knowledge and talents are the new currency. You need them to navigate the ever-changing economy. Skills like financial analysis, coding, and developing technology knowledge are like printing money. Capital is important, but not enough. Staying ahead requires adaptability, learning, and evolution. You create economic power by developing your skills and personal development
It’s true, only an integrated approach will allow you to achieve success, only having money will not give anything, if you don’t have enough knowledge, anyone can go to the bank to get a loan, but without knowledge and experience they will lose that money. Therefore, we need to move gradually, while we don’t have a lot of money, we take small steps, make mistakes, but they are not critical for us, we gain experience and learn to handle money, meanwhile our capital grows and eventually we reach the level where we have knowledge, and some capital that begins to generate income. If everything is done correctly, then anyone can walk this path.