Money: The "Off" & "On" Decisions You Tend To Make

avatar

Screenshot_20211226-061242_Canva-01.jpeg



Money does hideous things to people, those with epileptic financial conditions, would take drastic decisions in other to have Money for just an instant gratification. While I was younger, I know people who would borrow money from financial organizations with sizeable interests just to have a party, in a few of these cases, these lenders were happy to always benefit from the economic ineptitude of people, while pretending to always help their situations.

The thing with these loans was that it was just a band-aid that covered the rotten ignorance of people towards the origin purpose of loaning or lending*.


Many uses to think that when they don't have money, then they wouldn't have to make crazy decisions.


These set of people particularly understands the burden of having money, either because they once were in great financial position and ended up drinking, womanizing and gambling it away, or they've had to suffer that sheer pain with having nothing after having it all.


The illogicality Of Doing The Right Thing


Nevertheless, people who do not have enough money are the one's ago actually make more economic mistakes. For example, in the aspect of investing, someone who just have enough to feed, will never sacrifice that standing in other to invest. They understand that investing, is to multiply and secure futuristic prospects, but then, since they can only afford to feed, it would be only logical to actually secure the "present" they know, rather than the "future" they don't.

In most cases, people don't need to make the "right" decisions, this is because the right decisions majorly have secondary impact, but hardly comes with that primary impact. While there's a possibility that the right decisions for people with limited will power will make their future better, there's a huge chance that they wouldn't "live" the "present" they currently are.

So the essence of having more money in the future would seem nonsensical since they wouldn't even have a "present" with is the major ingredient to having a future


The Illusion Of Spending More But Having Less


This isn't a debate about what is right or wrong when it comes to economic and financial issues, the thing is, people make decisions every day about money, whether they have it or not. It's a legal tender that assures the degree of longevity to comfortable living.

Money is inevitable, this is because it is more than a resource, it's a financial position, it's a backbone in terms of emergencies, even the psychological aspect of safety it brings cannot be overstated. This is proven in the fact that mostly people who seem to have "less" are the ones who actually are "more" spenders.

It is ironical, I have come to believe that handling Money in voluminous ways isn't a measure of financial experience, so many people calculate the amount of money they spend on a yearly basis, and they tend to be shocked how much they spend, even if physical it didn't really feel like they could muster any financial capacity.

However, I wouldn't talk about being "rich" since it's not something that is synonymous with me. Inasmuch as this is so, I've been around wealthy people, it's difficult to read their mind, they're always one step ahead, the ability to control enormous money, makes most of them fast thinkers.


Sometimes they damn their "present" to make space for futuristic comfort, this doesn't mean they don't delight in ostentatious living.


Mostly this phenomenon is about remaining wealthy, accumulating more riches irrespective of whatever it takes to make it happen. There's the concept that rich people don't delight in luxury, while this can be seldom true, it's not always true. Wealthy people have a different fetish.

It isn't having a lot of children from many sexual romps because they can afford to take care of these kids, or eating expensive dishes because they can afford it. Sometimes, the fetish of wealthy people, it's to remain in wealth, afford the most invaluable aspects of life, while guarantying an even better future.


Your Actions "Off" The Money


This might vary in people and geographical locations. In fact, economic standards might change this, However the main focal point of this posts it to talk about the fact people should focus their attention more especially the things they do off the thick of things what does this essentially mean? It means that people should take cognizance of their actions when they do not have money. Because these are prospective actions that might turn out to be rather regrettable.

A lot of people focus on their actions when they eventually have money, they tend to forget that the money they have might end up paying for the mistakes they made when they don't have money instead of basically taking them to a better financial position, and this is why some people actually make some reasonable figures, but they're still stagnant and unable to leave the positions where they are.



Interested in some more of my works?


People & Assets: A Probable Investment?

Emotions: The Impressions & Expression

War-torned (An Original Poem)

Sunk Cost On Limited Resources & Time

Crypto: An Aspect Into Personal Finance



FB_IMG_1602619272142-01.jpeg


My name is @Josediccus, a young Nigerian entrepreneur who is a Vlogger, A Psychologist, Poet, Sports Writer/Analyst & Personal Finance Coach. I'm using my contents as a process to create shared meaning as well as create expressions through which people on/off hive can relate. I believe content is a process to be enjoyed and relished and I'm up for any collaborations in my field stated above. Cheers


@Josediccus, your brother-in-pen & heart


I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog


My Twitter handle

Posted Using LeoFinance Beta



0
0
0.000
12 comments
avatar

It's always better to look at what is happening currently (when you don't have money) than to fantasize about things in the future. After all, every little bit you save to invest counts and it can compound into something large over time.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Well we can hardly equate the fact that we've been exposed to Crypto, most of the people I basically analysed hardly has the knowledge of basic compounding, not to talk of even crypto. I think you've raised an interesting argument about the moment and the future, for me, I think I use to balance my mindset of the future and the present in other to remain sane.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Very true, off money decisions and mindset are most key to on money actions. Many people become more indebted when there’s hope of money in the horizon.

0
0
0.000
avatar

Off money decisions are very important, definitely it’s quite surprising when people don’t pay attention to it.

0
0
0.000
avatar

Money tends to reveal the true character of people. Some think they are frivolous and sane but when the ton loads of money comes their way, a new personality in them is revealed. Money is majorly for transactions but ones ability to save or invest them shows a disciplined and developed mind.

It's funny though how when there is insufficient money in the account one tends to think of better ways to spend and use it rather than when it's sufficient.

But according to one of the legendary Bob Marley songs, which said "Emancipate yourselves from mental slavery". I believe that most people should learn how to solve problems by thinking out better solutions than throwing money at it. We should all learn to be Financially intelligent most especially in this Era where one can in a moment get rich and the next is not.

0
0
0.000
avatar

Well what can I say? You’re totally right, however when it comes to money, you’d be surprised to note that the principles of spending is embedded in the way we actually think. Whether we don’t have or we do? We’re tasked with the responsibility of being in that pole position and that’s what’s actually makes us better or worse people. Thanks for stopping by

0
0
0.000
avatar

Pleasure is mine... Merry Christmas to you and your family. Cheers 🥂 🤶

0
0
0.000
avatar
(Edited)

I never wanted it this way because I feel it isn't proper to thank you on one of your posts. @felixxx can bear my witness. Have been asking around how I can get your contact but proved abortive. All in all, I know have fvcked up, I ought to have reached out to you before now. I am really really sorry Brother. My bad🤦🏿‍♂️

0
0
0.000
avatar

No issues, no wahala, Gloria your friend, explained it all, its all good. I totally understand. You're welcome.

0
0
0.000
avatar

God bless you for understanding. I really appreciate Brother✊🏿

0
0
0.000
avatar

Congratulations @josediccus! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You have been a buzzy bee and published a post every day of the week.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Christmas Challenge - 1000 Hive Power Delegation Winner
Merry Christmas - Challenge Feedback - Win a 1000 HP delegation
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000
avatar

Having a financial stability is power and a tool that cannot be overlooked, however using it wisely requires wisdom

0
0
0.000