Ask LEO: Is Living your dream life financially free?
What is your dream life?
Taking very good care of yourself, buying that house you want, wearing designer cloths, riding in those very fanciful cars, having the talk of the town wedding, going on vacations every now and then and the big one, living a debt-free life.
Amazing right? I am sure you are imagining yourself doing all of these things I mentioned now. A lot of us are currently on this table and it is okay to want to live in that dream life.
I personally think that having that dream life is cool. Have you ever been in an emergency and you really need to sort it out financially,yet you don't even have a Kobo? That feeling is terrible. The only option is to call people to come to your aid and then the plenty excuses starts coming. Like,
oh you should have called earlier, I just spent my cash now
or
sorry man, I haven't been paid my salary for the month, and I wish I can help
Those words hurt a big deal.
The joy comes when you can sort out emergencies really quick without blinking an eye. I once had an emergency some years back and I needed to sort myself out as quickly as possible. I had a terrible pain that was hitting hard on my eyes. I didn't have any dime to head to the hospital. I called some friends who told me one story to another. But luckily, I got help from a family member. Even though, I got help, I was really ashamed of myself for begging. I was determined never to beg for little financial help. And that was how I resulted to getting financial freedom.
I think that financial freedom is a good security. This security of having the knowledge that you can sort bills at whatever time and day, is what I call financial freedom.
In my quest to be financially free, I learnt that investing and saving will do the trick for you. Two things that I have invested in are landed properties and cryptocurrencies. For lands, they always appreciate and that's a good investment for everyone. Cryptocurrencies are not completely secure because of the rising and falling. Fingers are always crossed while investing in Cryptocurrencies.
However, I save ,save and save. The importance of savings cannot be overemphasized. I learnt at an early age that saving is a priority. Sometimes, it is what I have saved, that takes me out of what would have been an embarrassing situation.
I live according to my income. I am the last person who would want to go for things that are more expensive than my income. I live a minimalist lifestyle which even makes things easier and simpler for me.
Being financially free is attainable. When you cut your coat according to your size, invest in valuables and save, you can actualize financial freedom. I think the very main thing is being determined and focus. Nothing is sweeter than when you look at yourself and you are happy that you are living the life of your dreams. That feeling is heavenly.
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Money can also help acheive most of your dream. It's true, Saving it good
Imagine Saving on Hive and an emergency comes up. I do save in crypto, I haven't gotten to the level to buy landed properties but i believe i am getting there
You will get there. You are doing great already. Well done and have a great day
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I pray so
Thank you
Have a lovely day too 👍
https://twitter.com/joyundisputed/status/1517003338709364736
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Surely, I'd wear no designer cloth and have a talk of the time wedding...
For investment based on cryptocurrency, you could check out stablecoins, especially HBD in PolyCUB farm.
pHBD-USDC, xPolyCUB are all game changers.
Yes volatility in cryptocurrency is real, stablecoins are less risky.
Yes, I'd be living that dreamlife financially free.
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Definitely... I agree that stable coins are less risky.. But still risky right?.
Anyway the goal to be able to afford the basic amenities for yourself.
Thanks for sharing your thoughts
Stablecoin prices are pegged to $1.
Yeah...
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Honestly @boscohage I see there are still a lot of things I need to catch up on in these leofinance projects.
May I ask, what are they really and the meaning of those p, x, farm etc. Thanks.
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It's simply just to keep up with leofinance updates and read other people's post on the projects, nothing much.
PolyCUB is on DeFi decentralized finance space and was launched by the leofinance team March 2022.
PolyCUB was designed to work like Bitcoin that's why you may hear Bitcoin 2.0 because of it's deflationary nature.
When PolyCUB is bought, you may stake as xPolyCUB for more value, as 1 xPolyCUB = 20.62 PC, truthfully, the ratio would increase overtime.
PolyCUB farm is where you can invest in pairs especially with the recent pHBD-USDC pair also there's PolyCUB-USDC pair.
PolyCUB offers option and don't for DYOR forget my word to ear, lol.
Check out https://polycub.com/ for more.
Yeah, I do this now more often.
Overall, thanks for these advice @boscohage I'd work on them!
I want to live the dream life! I hope there will come a time when I don't live according to my income, but still have the money to support myself and my family.
*The joy comes when you can sort out emergencies really quick without blinking an eye
This says it all
A nice read from you dear
Thank you for reading. I pray we all get to that stage where we have in abundance to want to do stuff without blinking.
Exactly.
That's really the ultimate goal in life
Yes, you did well. Even before investing really,saving comes consistently first.
Posted Using LeoFinance Beta
Sure....
Thank you for reading