The great Warren Buffett said, “If you don't find a way to make money while you sleep, you will work until you die.”
He’s mostly right isn’t it. Try to create a passive income if possible.
Precisely. However, not everyone is capable to make an income while sleeping, that's why a lot struggle in dealing and managing their finances not to end up shortage. But in all honesty, it's never the worth of the investment that becomes a problem, but most likely on the type of mindset that we continue to adapt even if we know already that it's not getting us the best advantage.
Indeed, not everyone can earn income while sleeping and to be able to earn this income, we must first prepare a business that can run well and also that we have trusted people who can run the business that we have built and we will be able to earn money. income without having to do work because you have prepared a business well.
Financial management is of course very important for everyone to be able to use the income they have well because without them managing their income well, it will of course be very difficult for them to meet their needs, so it is important for us to be able to manage our finances well so that the income is sufficient. we have can be put to good use.
When we know that what we invest in does not give us good profits, I think there is something wrong we did with that investment and it would be better if we could relearn and if we find a mistake we should be able to fix it and if we can't fix it, it would be better for us try to look for investment ideas that can give us good profits.