Showing posts with label financial security. Show all posts
Showing posts with label financial security. Show all posts

Wednesday, September 18, 2024

A person who invests can use that invested money for future needs

 There are many reasons why we need to start investing for our happiness. If we are financially empowered, we feel secure, and it makes us really selfishly happy. The world of income potential: investing can provide you with a world full of opportunities and multiple ways to earn income. You'll be able to save while you earn and then invest in more sources of income outside of your traditional job. Paving a path to financial security It's important for today's workers to understand that their careers may not always last, so it's best to embark on smart investing if your income stops when you're older, retired from the workforce, or, worse, terminated from employment due to illness. A person who invests can use that invested money for future needs such as retirement, medical emergencies, and consumer financial goals. For each type of investment there are certain guidelines and restrictions that must be followed by the investor. Investment:


investment is putting your time and money into a project and hoping that the return is more than your contribution. In other words, investing is an act of risk-taking that can result in a profit but at the same time create a loss.

Author: Sezgin Ismailov

Friday, September 6, 2024

Man's only rival is his own potential

People can only be beaten by their own potential. The only way for a man to fail is for him not to realize his own potential.Abraham Maslow said these things. His pyramid is probably not new to you. the "Maslow's Pyramid" Food, drink, housing, clothes, sex, and recreation are all examples of physiological demands. Needs for security include stable employment, a pension system, safe working conditions, and other measures that guarantee an individual's physical and emotional well-being and inspire trust. Needs for belonging—to a group, a club, a family, a friend, a community, etc.—are examples of affiliation needs. A person's sense of self-worth—the degree to which he believes he contributes meaningfully to his life and the lives of those around him—is an example of an esteem need. Among these are factors like self-assurance, social standing, and accomplishments. The desire to realize one's full potential, or self-actualization, is an essential human need. "What a man can be, he must be," Maslow says himself. Maslow established the following hierarchy of needs: Biological: sustenance, hydration, rest, wellness, and oxygenation. Core: a place to call home; protection; stability. In the social domain, we find things like friendships, love, communication, caring for others, and paying heed to one's own needs. Respect for oneself, respect for others, public acclaim, professional growth, and accomplishments that garner high praise are all hallmarks of a prestigious career. Knowledge and self-realization are spiritual concepts.



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