With lots of effort being applied today in sustaining a good financial growth, it feels like individuals rarely make attempts due to the circumstances surrounding them. This sometimes leads to frustration, as one can easily give up on his/her vision quickly. A man who finds it difficult to meet his needs can easily conclude that life is unfair, while a man who keeps growing and making profit sees life to be a perfect piece.
.jpeg)
Being able to detect ones limitation to financial growth, is a key that can cause a turn around in someones financial life.
Limitations Affecting Financial Growth is a content that simply points out factors that hinders our progress in increasing our incomes. With the current situation of economy crisis that has affect so many persons/countries globally, it is expected that one meets up with the needs of him/herself. Blaming the government seems to be the common ideology shared by many citizens, but taking a good look at the situation here, we are sometimes responsible for our own limitations.
Limitations Affecting Financial Growth.
Without wasting further time, lets take a quick look at some of the limitations we face while trying to sustain a good financial growth. The few are...
• Poor planning
• Low investment
• Negative friends
• Improper spending
• Unhealthy lifestyle
• Inadequate information .
Lets get to understand all this tips as i drop their various explainations.
• Poor planning - Seems to be the greatest threat to financial growth. Imagine an engineer building up a sky scrapper without appropriate building plans and drawings, it would definitely be a disaster at the end. Now, bringing same imagination into this context, poor planning towards any form of business would not yield any positive result.
•Low Investment - Some individuals are not truthful, by telling you that you don't need any capital/investment to start up a business. Just take a look at the current situation of today, every business requires capital in one way or the other. Having High investment can contribute greatly to a very high income received. Imagine investing in a smart contract, which the highest capital gets higher rewards. Same as for hive.blog, your Hive power determines how much you earn when you get an upvote.
•Negative friends - They are categorized into two(2), Those that don't share ideas or give assistance, and those that allows discourage you. Most friends who are earning good amounts finds it difficult to give assistance to others, all because they don't want anyone to be better than them. It is advisable to limit yourself from them.
•Improper spending - You can't spend money on unnecessary things, and expect to grow financially. Most people often spend money on what they don't need, just to impress others. It is advisable to spend on what is often related to you, and not what is related to others.
•Unhealthy lifestyle - Different unhealthy lifestyle leads to sickness, which tends to drain ones money. I still imagine why people spend heavily on smoking substances and alcohols, which are not healthy to the human organs.
•Inadequate information - i guess this one is also as important as the first. Information is power, therefore you need that power. Having enough information with good planning and capital, is an automatic activation to financial growth.
Possible Solution To Limitations
Getting the positive sides of all the tips mentioned above is a great solution to those limitations. As the author of this content, i would advice that You must be always ready, because life changing opportunity can come anytime, and there might be no second chance.
In Conclusion
I understand that life seems to be so tough for those striving to be financially stable, while life is very interesting for those that are already financially stable. The most important thing is to follow the possible solutions mentioned above, and stay happy at all cost.
I dedicate this post to those striving hard to survive.
PLEASE DO FOLLOW @bradleyarrow, @cryptothesis and @pele23 FOR QUALITY CONTENT.
HAVE A WONDERFUL SUNDAY
