Opting Out Of The System: Exchanging Money For More Money

in LeoFinance2 years ago

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Some days ago, I was talking to @joetunex about how having "money makes you more money" but this isn't generally applicable. First, a lot of people I know use to feel that money should be rigid, accessible and usable at any point in time, but then, this is redundant. Truth is, money has to be flexible dynamic and productive in other to be yielding, nevertheless commercial takes advantage of this to make money off the ignorance of people.

In reality, no one wants to lose the money, or lose something without the guarantee of getting it back. Due to recklessness, people often find it necessary to trust their valuables with a third-party personnel or institution. When I mean recklessness, you talk about wastefulness, uncertainty and the culpable nature of people to crave spending especially if the means to do so is actually accessible.


The Charade Of Gainful Employment


A lot of Nigerians, fears investing in something new, they'd rather they see someone who is making money in a venture, then decide to crowd that market with competition to make their own chunk of profit, thereby rendering that market ineffective. It's difficult for them to want to create new innovations, the young degree holders, wants jobs with swiveling chairs where they can sign paper works and earn monthly, when it comes to their money, they just want to save in banks, build a house, buy a car and get married with numerous children.

This, to them, is the pinnacle of success. Most of them hardly attain these dreams because, It is often halted by unemployment; the lack of jobs in the public and private sector. A regular degree holder feels they are best suited in working in lucrative firms and when this ambition is killed, they're left with nothing but to rot away with no zest to hustle and escape the economic cycle of a regular Nigerian.

The concept of money becomes sophisticated when you opt out of the system, the mindset and how things should generally be like. To many, having a lucrative job is all they seek, they do not have innovations for the money they're making. They feel that their banks or organization should act as proxies in most of their financial decisions. They pay huge money for insurance, without having anything in their lives that stands a huge risk or chance of getting compromised.

Not only that, but they live in the most expensive places, pay huge money for security personnel without even having their future secured. The average Nigerian doesn't fear being broke due to their unplanned living. They actually started fearing to go broke, when they're on the brink, and it's become inevitable. Money to them, is static, to spend, enjoy and live comfortably, without understanding how the "human factor" should influence the art of money making.


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The Art Of Money Making


Many find it hard to believe that money making is an "art". However, it is. A lot of Nigerians complain about how the system is wealthy without flowing back "these wealth" to the people who are actually making these moneys, however the ways through which the system makes money is an art. They create an inevitability to the need for people to spend, then create a problem, create the solution and people would then part with their money to buy solutions to problems that weren't originally created by them.

This is why I say it's an art, however it isn't originally limited to the system. Government hates crypto, because it takes away money that should be in their pockets. If people fail to succumb to the system then it will be difficult for the government to have 100% control of people's lives using the banks, power supply, the public sector, the legal framework or even the massive exploitation happening with the telecommunication network providers.


A Basic Capital


Nevertheless, I used to tell people to work towards having a basic capital, asset or a standard equity which they can exchange for monetary value whether they're employed or not because this would give them more options, should they decide to be daring and innovations to create a concept outside the system that could reward them.

The level of compounding that happens in crypto projects in 2021 is mind-bending, a person can create different streams from inside one singular stream and coming up with ideas, choices and decisions including improvisations is also an art. In crypto people are made richer, by having the right money and improvising with the right opportunities, this is exceptional because in this situation, you're trusting your instincts to take you far rather than having proxies making decisions on your behalf.



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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


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While I agree that people should start investing more into crypto, I don't know if telling them to jump in head first is the right idea. I agree that the gains in crypto are high but it's just as risky so that is why it's vital to do your own research and believe in the project. It needs to have something behind it.

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If I had jumped head on into BTC in the earlier days, i'll have been Financially stable by now, truth is, most crypto decisons made at the cost of central entities and investing in shitty bank schemes have proven to be even way better. I guess this is as a result of the devastating economy. Probably if I was living in let's say Portugal and working and earning, I might think so too.

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A lot of people fear loosing money in a bid to make more money, that's why they find it safer to just keep it or store it up. But I noticed something recently, money doesn't like to be kept lying lifeless, it has a mind of its own and loves to be used. I had been saving up for something recently and I just kept the money in my bank account. I got almost half of the money and just kept it there. But In a few months I noticed that I was stuck. The money didn't multiply. I tried making more money but it wasn't possible. Then I did something drastic, I took part of the money already saved up and used it for a venture. It felt stupid at first because there was no guarantee of replacing the money and getting more. But to my surprise, in a few days I got back double of what I used and swers it was something I didn't expect.
That's the way money works. It loves to be used, and the art of it is how you use it. Use it in the right way and it'll generate more.

It's heartbreaking to see that most of our youths are ignorant. Well, I'll say it's the way society has thought us. Growing up our parents made us feel like education was all and after that you'll get a good job in a good company and then it was settled. But then we've realized that life is a lot more complicated than that. You're looking for jobs but you forget that these individuals who make this businesses don't have two heads and if they thought the same way you're doing every one would be jobless.

Thanks for this post. It was really helpful

But I noticed something recently, money doesn't like to be kept lying lifeless, it has a mind of its own and loves to be used

You're definitely correct, I have said this before that money kept in the bank is not an asset and this is because it guarantees you purchasing power majorly. In the country where we are currently living, we are prone to so many financial responsibilities and money in the bank is only a means or becomes only a means especially when we are faced with so many emergencies. For example, who would have money in the bank and not want to use it to actually take care of themselves. In reality investing makes people feel like losers at the beginning, especially when you are not used to it. However being acquainted with, it feels good overtime

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Yeah true, investment can be great if you understand how it really works. Most people see it as risks they cant take so it's convenient for them to just save the money up and use it whenever it's needed and work harder to earn the Money back. That's just a long tiring cycle.

Thanks for educating me bro

It's difficult for them to want to create new innovations.

A lot of people are not creative while some are just lazy. They would rather copy and paste instead of introducing something new. Plus it is a safer option since it's tried and tested to be working (at least so they think).

they live in the most expensive places, pay huge money for security personnel without even having their future secured.

The irony in this statement literally took me out. lol. But so true.
It was great stopping by today @josediccus

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@peaaaaqqqqq, the lovely one here this morning, 😅 since it's you, I just had to grin from ear to ear.

How are you?

Well, the ideology of being safe, is one of the biggest problem ever. The truth is, safety is a Charade especially in a place where the system doesn't work. Anyone can get sacked, anyday and anytime. As I am, I have a prospective project im planning, away from being centrally employed by traditional entities. I've.learnt to be creative on my term even if all my plans haven't really materialised.

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@peaaaaqqqqq

I read this in your voice... 😅 and It was a thrill...

since it's you, I just had to grin from ear to ear.

Awwwww, I am super honoured 😊

How are you?

I am doing A-okay! How about you?

Well, the ideology of being safe, is one of the biggest problem ever.

Safe/Comfort zone & Growth don't go hand in hand.

I've learnt to be creative on my term...

Hell Yes! If the tables available don't have a seat for you, create your own table, set the pace, and trail blaze!

get married with numerous children.

Lol that got me laughing but the reality after those degrees earned from school isn't what in most cases imagined to be...

I will like to relate the topic to people around me here in SA, more of a similar behavior. All that is aimed for is pay check.

If we can have the mindset of taking a leap before seeing results from others we could be doing better than what we currently are.

Can't blame them, many would like to have the pay check and rather not create an innovation or leave any impact in the world. Many are working for the money strapped in as slaves and not even mindful of the structure. It's life I guess. Hahahaha having numerous children without any sort of family planning is an uncalculated risk that many takes as well.

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Nigerians are always scared investing in something new but they realize you are actually making it through that project they will come in masses to the project.

Money makes it possible to make more money, with cryptocurrencies it makes it possible to grow steadily and financially stable

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This was what have popularity to MMM scam. The creators actually succeeded in getting people to buy into these games and this is because nobody wants to come up with something innovative everybody just wants to follow the system; either be employed or the unemployed. When technology has actually leveled the playing field

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The idea behind "gainful employment" is a myth to me especially in this part of the world.

Money can be made from different places, the Internet just happens to be the easiest to access to it comes with a lot of scepticism.

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Well I share your notion as well. I worked in a firm for seven years and ended up saving only 100k in naira in 7 years. No be juju be that?

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😆 that's terrible

Greetings, it been a while, I've been trying to reach you on WhatsApp but you aren't active.

Just want to know how you are doing?

Thank you!

Oh dear! i'm sorry, i'll get back at you soon.

I'm just curious that's all. I just want to know if you are doing well.

@Josediccus

Great and valid points.....

Well before anyone thinks of making money , they should first of all invest on acquiring the right knowledge...the right knowledge would give them the right tools needed to be able to use their capital/investment wisely...

I try to buy real estate or crypto real state cause crypto can be risky if you buy some shit coin and real estate caus of steady rent

but I do own hive FTM and matic as well as some algo

I hope things get better in Nigeria.

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