Quote from: CryptopreneurBrainboss on Today at 09:53:28 PM

Quote from: peter0425 on July 18, 2025, 11:27:08 AM

The lesson I got from looking at all these influential people is you can be exceptional in your field but if you do not know how to manage your money you might just die penniless. I personally do not want to pass away after suffering from poverty. I want my last days to be spent in bliss.

Accomodating wealth isn't all that matters but what matters is how we manage the wealth we have acquired because money isn't something that can be mismanaged and yet it won't have it's repercussions. If you don't know how to manage wealth, it'll go far away from you. The people that are wealthy have good money management behaviours that the poor don't have. Alot of people have had wealth but not many of them were able to invest and multiple that wealth. After being famous and you die poor them you didn't make good use of your popularity. Being known and having connections should be used to acquire wealth for yourself. If you aren't able to do this then you don't know how to make good use of what you have.

I conclude that wealth management is the cornerstone which can make an individual stay rich or die penniless in the end. The fact that money is little does not necessarily mean that the future is not guaranteed since with lack of discipline and planning, that amount of money will transparent with time. Real rich individuals are not only dependent on the income, but they are also dependent on their capability of managing and converting their capital into assets that are productive. Opportunities should be seen in popularity and connections as being a source of sustainable wealth in case the opportunities are wisely utilized. Unluckily, not all of them manage to realize this opportunity and become stuck in a weak financial state.