Deterrents to investment and how this can affect your financial stability

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Hello Hive.

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Every little investment is worth it and been on this place for a while I have learnt about how important it is to plan and prepare a solid investment plan for the future.

Your cannot eat up all your eggs in one day if you are planning to be financially free in the future, just as we have been taught that investment prepares and makes room for how we can multiply our assets to generate enough funds for us to be financially free in the future days, becoming individuals with enough wealth to be able to afford most of the things in life.

Investment can come in various categories but we want to look into factors that discourages individuals from wanting go invest in their future.

  • Desire to impresses and live a luxurious lifestyle.
    Anyone that desires to live a luxurious lifestyle from their daily or monthly earnings is preparing to live in poverty for the rest of his life.
    This means that he wants to enjoy all the pleasure now and suffer later, since all the money received is spent almost immediately with no remnant to grow and multiply for the future.
    Such a one becomes almost poor again once that source of income or salary is cut off.

  • Peer pressure : this may seem little but sometimes the peer group we move with have direct or indirect impact on our life.
    Thanks to my beautiful hive friends, without them I may be living luxuriously on my hive earnings with no plans for the future but been on leofinance i have learnt so much about making good financial plans for ones future.

Hence it is good to keep good company and friends who will help us grow financially.

Every little investment matters including the ones you chose to buy with as small as 1$ you never who which will grow to make you wealthy.
Guard your investment with all your heart.

Posted Using LeoFinance Beta

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Investment indeed is very important and the right investment tool is needed for it to be worth your while. In Ghana, many investors are about to regret investing in our government economy due to the high mismanagement. Now Treasury bills and bonds are not redeemable due to the state of the economy and it is affecting the spirit of investors. This is why it is necessary to have knowledge of Blockchain technologies. Everyone who had the knowledge to have saved in crypto is not much affected by how the economy is going. I thank God for hive

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Exactly... Investing in government school?.
I have never heard of such a thing.
Isn't the government supposed to fund these schools

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