The Academic’s Dilemma: Balancing Passion and Profession

 Mr. Robert is an aspiring writer who works as a university lecturer. Recently, he has been deeply focused on writing novels. He has submitted two manuscripts to publishers, but unfortunately, both were rejected. Despite this, Mr. Robert still dreams of the day his books will provide for his needs. He doesn't aim to be a world-famous author or a millionaire; he simply hopes that by writing twenty books, he can afford a modest house, a car, and his children's education.

His motivation came from an entrepreneur and author who claimed that nineteen books were enough to support a family. This mentor suggested that one only needs an hour a day to write. Inspired, Mr. Robert went even further, spending more than an hour on his manuscripts. However, this led him to neglect his primary responsibilities as a lecturer. His workload was heavy, and he should have been prioritizing the research relevant to his field.

Mr. Robert soon realized he had taken the wrong steps. He should have prioritized his career, especially since his novels had yet to earn a single cent. Nevertheless, he refused to give up and continued to write. At his lowest point, he realized how difficult it truly is to produce a book. He concluded that he needed to synchronize his writing with his profession. Instead of keeping them separate, he decided to write about his experiences and expertise in his field, turning his professional knowledge into his next book.

Some coffe sachet drain your money

 a financial experrt in my country said that cigaettes and cofee sachet make people poor. I believe that the cigaettes can make you poor. the cigarettes is expensive. in additon some smoker use not only one pack ciagreeets but some cigereetes. that is why some commpon people become poor . 

However i cannot believe some sachet coffe make poor. a sachet of coffee is very cheap tha cigareste. Drinking five scahet is not moe than a dollar. However, with this sachet you need other snack and coffee. in my country a sachet of coffee just 25 cents or a quarter dollar. While some cigeretes price is two dollars. some smoker can use up to three packs cigarette or more. i am pretty sure the cigaettes price in developed country is far higher than in my country. 

while a cigaretees make you poor, some sachet can dain money. saving some cent help you to each yu financial goal. 

Surviving From Crisis

 

After Mr Trump deploy so many troops in Middle East, the oil price is skyocketing to over one hundred dollar pe barrel. This is the fearful condition fo any county that has no or low oil souces. Some country decides to reduce the oil consume beacause they ae difficult to buy the expensive oil.

As conseuentlty, most people should allocate moe monye fo gasoline spending. They have to cuts osme post as long they have no othe souce to fulfill othe spneding. They may cut the leisure things for the gasoline. Some people may choose public tranpsot to reduce tha gasoline spening. The public transpot is cheaper than using own car. it is good forr the environment too.

Some people may sold the gold to fullfill the needs. The weatlh some people may decease afte the gasoline incease; however, most people suviev fom some cissi. See, you negihbour still exisst today and you also exist today, meaning you have the pass fom the cisis examination. You may compliant with this condition. You may reduce you eating out and you may not buy the kid toy but you still exist today.

Some peaole may have abundadnt debt but finally they can pay down it. Some may lose their home but they get thei home back some day. Human is an unikue things and they ae a miacle things. They can suvive fom unlucky condition.

Ceatinly, I do not cloe my eyes fo some suffeed people. They cannot passs the crisis. They are fail because they do not have some saving. I believe that only few people cannot pass this crisis.

However we do not have to affaid the cissi but we do not to neglect the condition. Juts pepare our saving to overcome the bad sceanrio from the crisis. You have to use your money wisely.

 

Tracking Your Spending to reach Wealth

 The major of spending may the food, cloth, electric, the gas, and gasoline. Perhpas you have other 

most people feel tracking spending is not important to tacking my spending. the important things is making more money. I believe it because i am a simple man. I rerely eating out and use brand name any fashion so i live in very low budget.

 

Some people feel they cannot decrease thei spending because thay have decreased all theirr spending. It's imposible to reduce the spending again. Well, though it may be uselles. you can try tarcking it.

 

There si some steps in Nerd wallet. I also consider the major spending. The major spending is food and beverages. most people use debit card to withdrawn the money. Off course they can note all spending. actually it is like pieces of cake.

 

Second step of tacking spending is categorize it. 

The major of spending may the food, cloth, electric, the gas, and gasoline. Perhpas you have other 

third,  build budget 

Budget is not easy to me. Creating budget meanig therea area rule 50.30/20 The half of your money allocate to your needs. and 20% first for your saving. and 30% for wants. 

Fourth, usde budgetig apss

some budget app is good some is not. clevery use the app. I just use the traditional way using the notes. 

After budgeting, we should monitor it regullary. is the psnending beyong the budget. 

The seven step is the ways to lower your expenses. Perhasp there is a little bit spending that we can save. other ways , we can save money using the discount ? 

The last is the difficult step. i have no idea to make money today. however i should explore to make money. 

Frugal living is not good for your country?

 

One way to increase wealth is by frugal living. We have to cut some "unnecessary" spending and saving it. cutting the spending or a spending is useless when you do not save anything. you have to encouraging by save money. some cafe becomes quit. people prefer eating in home. Eating in home saves money and healthier than eating out. We can control some food that we can cook any food. we also save some dollar from it.

However, a podcast told that Japan small business decline due to frugal living style increases. The cafe become close and it is not good for some people. some people who have a cafe or some people work at there are in bad situation. the worker may get fired. I know that the consumption also increases national income. more consume, more income. in my country, there are so many people and they consume the small business food product. That can increase the other people income.

in individual, more consume, meaning you cannot save money. you decrease your wealth. off course you have to live frugal and spend only you need.

Pros and Cons buy used things

As the blogger of the finance, some wash or away to minimize our spending, , including buy used things that is cheaper than the new. As long the condition is good, you may get benefit from the used things. However, some people complain the used things make spend more money again. Because the use things is easily broken and there is k guarantee.

Do some people like to buy you sting because their cost is so low and they know that they may get more benefit but some people stay in my new thing because she is the simple and then spend more money.

Well there is a some pros and cons of buy used thing which begin with the price of the buying used things 

The price is lower than the new of course do you think even an hour ago you by and cell phone it is cheaper than the new one at the store. Tell you up there you stink is the class as long tine gone.

By buying used things become the one and you have to contribution to heart environmental some is thing in the forest of the see that make the environmental dirty.

Lower depreciation. Used things depreciation is lower because the price is low too. 

Unique Things

Of you lucky you will get things that rarely 

Cons

The quality of the used is bad. 

No or low Guarantee

In my country, a used cell phone shop just guarantee the phone for a week only. After one week, they cannot change your broken used  phone to the store. It is a risky. 

The limited choice

Some items has just one item only

Hygiene concern

I do not want to buy shoes that is ever used by people. It's so  dirty to me. i am worried the last user has skin disease. 

Saving Versus Investing

 Either Saving or investing is about money. We collect some money for the future need or want. We hope our money increase, by saving and investing. 

I read a nice article from a famous blog that explain the difference between saving and investing. I think the article is simple and easy to understand for common people. Certainly,  the people should know the English language. 

Saving is actually for short term. You can save the money for your college or your first house. as your wealth increase and you have so much money. 

The article also explain when to save or invests? it is depend or your money too. save more money when you  do not have emergency fund. You can invest after you have money. the investing also for long term such as retirement and your kid college. Perhaps you have another high paid debt next. 

read also 

What is net worth 

Top Financial Planning Tips

tips for Frugal living posters

This is my first posters that I post in this blog. i have made it from Canva. It is not difficult to create it. in this blog i give only four tips of frugal living. it is not easy to do it. you should have strong commitment for it. 

idea saving more money

I am a man who also difficult to save. I also spend my saving and finalcy i do not have much saving. i think to save more money. we can increase money by:

1. Build a deatiled budget outlining your salary and expenses. Trace the salary that you cna oncearse and reduce tha 

2. the debt can increase your expense. reduce it and allocate the money to your saving

3. limit your online shop. Buy only you need not you want. 

4. save for windfall. sometimes we get money from unexpected income such as bonus, gift, and others. 

5. Build an emergency fund. there are some unexpected income and there are some unexpected expenses too. sometimes you need money to repair your car. It is better using your emrgency fund than owe to others. 

6. Track your progress. people are happy, seeing every progress. they feel satisfied and celeb the achievement. I remember a student writes thank for herself in her thesis. 

Image by Clker-Free-Vector-Images from Pixabay

Who can save?

 I did not have little money. Today I do not have much money too but someday i will have much money. I realized that I have to cut some spending. I was living alone in my parent's house. I cooked the breakfast alone and I just buy the cheap vegetables. Rarely I ate outside. because it was so expensive.

Though I can cut so many spending but I cannot save. It is because I did not save at the beginning. I save money at the end of the month. This is mistakes that I realized.  There are so may experts suggest us to save at the beginning or pay yourself first. I did not do like that finally, I spend the remain of my money. 

saving money is my strategy to finish my goal. At the time, I also had not the goal of the financial. Today, I also consider the house. A nice house in my hometown. 

Image by Harry Strauss from Pixabay

How to Make money without degree

 I heard some college or degree cannot pay the  student loan. It is difficult today to pay off the student loan due they have not good job. Good jobs, meaning or get salary that is enough. Enough size is undefinable. I also diffilcut to determine the enough. However, the enough could be meaning you can fulfill your need and pay your debt. 

Some people think they can pay the student loan after graduating but they cannot. They have to pay the debt. Finally, they can sell the asset to pay the debt. 

some jobs does need colleges degree. There area some opportunity and abundant but also the abundant people search the jobs. However, you can try to find the jobs

1. writer

Not many writers in this world. Only talented or the hard worker writing that can live from the article or book. Only few people can make million dollars. However you can try

2. Blogger

Blogeer also a good job to. Little people can make money in blog. 

3. Welder

Some professional Welder generate money so much. You have to get welder certificate

4. Carpenter 

Some carpenter make money too. They should be able to made something from wood.

5. House Builder 

Not all people can build a house. That is why most people hire to build their house. 

6. Elictrician 

If you dare hold the cable, you can make money as electrician. 

you can also idea in this blog post 

Photo by Mohammed Hassan

I should saving in beginning

Some people disappointed after saving. The saving is not enough to buy something. For example, A man  has planned to buy motorcycle for $1000. After two years, the saving beyond $1000. But.... The motorcycle price has reach $1200. Certainly, he must find others $200 to buy the motorcycle. 

I believe the man must be disappointed. He decide not to saving again. He use the money for leisure only. This is a reason why people do not saving their money. 

A saver said that we should save the money first, event a penny. Yes, the inflation can eliminate or diminish our money but at least we have a little money. You can use the money for others or you may add money to buy your goal. perhaps i want to buy a house.

Taht is why i should save early. 

Is it safe retail bond investment?

 I am excited about retail bonds. According to the marketing, this investment is safe. However, I cannot fully believe it because there are some risks involved in retail bonds, even though the issuer is a government. I suspect that the country may be in need of funds.

there are some risk that we have to consider such as: risk country. some developed country issues easily. i cannot believe it. therefore, you have consider the: 

It's essential to approach any investment with a healthy degree of skepticism and due diligence, even when dealing with government-issued retail bonds. While government bonds are generally considered safer investments, there are always risks associated with any financial instrument. Here are some points to keep in mind:

1. **Evaluate the Country's Financial Situation:** Research the economic and fiscal stability of the country issuing the bonds. Look into factors like government debt levels, fiscal policies, and economic indicators. If a country is in dire financial straits, it might indicate a higher level of risk associated with its bonds.

2. **Interest Rates:** Consider the interest rates being offered on the retail bonds. Higher interest rates may be a sign that the government is trying to attract investors due to higher perceived risk.

3. **Diversify Your Portfolio:** It's generally a good idea not to put all your investments into a single asset class. Diversify your investment portfolio to spread risk. While government bonds are relatively safe, having a mix of assets, including stocks, bonds, and other investments, can help manage risk.

4. **Consult a Financial Advisor:** If you have doubts or concerns about a specific investment, it's a good idea to consult with a financial advisor. They can provide personalized advice based on your financial situation and risk tolerance.

5. **Read the Bond Prospectus:** Carefully read the prospectus or offering documents for the retail bonds. This document should contain essential information about the bond's terms, risks, and the issuer's financial situation.

6. **Understand Inflation Risk:** Even with government bonds, there's always a risk of inflation eroding the purchasing power of your returns, especially if the bonds offer fixed interest rates.

Remember that all investments come with some level of risk, and no investment is entirely risk-free. Your level of comfort with risk should guide your investment decisions. If you have any doubts or concerns, it's crucial to seek professional advice and thoroughly research any investment opportunity before committing your funds. 

Prepare for Stock Dive

 The stock marketa dive? It could be happen. Some people shift money to safe asstes . Of course it must be gold. In my recent researach, i found the gold is still is the best investment. 

you have better to use the monye in stock, which means you have to sell your stock first, for buying anything. Today, some asset decrease, my sister buy a cheap huge house. You have to find other lucy at other place too. I also rad at wisebreasd. tehree are some effort to prepare stock market dive

make money with your backyard

Perhaps you have small backyard that you do not use it  some grass or moss grow at there. Perhaps the space can be used for anything to increase your money.

My father also use the backyard for parking lot. The money is not much but it is enough to buy some fried chicken. You can also use it:

Use the space for some people may need your backyard and you can determine the price of the your backyard. Don't forget to make agreement to the tenant that your cost is about for example is fifty dollar a month . Also remind that the tenant should obey the law and do not disturb other peoples.

2. You may plan some tree or you have flower that you can sell to your neighbor or other people My friend also bought some little tree and he propagate it. I thought it is a good business.  He sell through social media  and some friends buy the tree.

3. Raise Bee
In the village we are not difficult to raise bee. The Bee produce honey and also  wax,  and.royal jelly. expensive and so expensive . In my country there's so many fake  honey that it's made from sugar and flour. Fake  honey is not good for health.
In city, it is not good to raise bee because the lack of flowers. The new suck the nectar and made some honey from it.


Of course you can also use the your backyard to write some chicken but but you should notice that some City forbid it. For example,  you cannot rise chicken in my country. the provincial government forbid  the citizen to raise some chicken.  when the government stop no they will take the chicken that the rule of the chicken racing for reading has been applied since the avian influenenza  a couple years ago

In some country, the government get some intensive to the people who want to raise chicken. From the backyard you can produce fresh meat and also egg you can use it or eat it or you can sell the meat or the egg.  other people that also you can sell the chick on the little chicken to the other people who want  to raise some chicken or follow your step to buy some chicken and their backyard. You can visit my other blog that tell about chicken.
 

people who near power get money

I am very sad hear about that. Ibnu Khaldun, a Sociologist Guru in Islamic World tell that the people who near power will be easy to make money. It is very common. 

When your near a power or powerful people, you will get some facilities. Power tend to abuse. People who hold power tend to abuse, by giving some facilities to their family or their colleagues.

Other people may not get some facilities like powerful people. Imagine, every people want to close the powerful people and they do not try to get knowledge. They will become a fool man who hold some money. They money may go but the friend will help him because they live near powerful people. 

A Hobby may waste your money

I read some article that we can raise money from our hobby. Yes, some people can raise money from hobby but not all people. They can sell some collection such as coins, stamp, basketball card and others. They could make more money.

I saw a man has an Otter. The Otter is actually not a pet or uncommon pet. Only few people want to raise this sharp teeth mammals. It is also a good swimmer. The owner must provide fish, shell, crab, and others. The smell of this pet is also stinky. 

For rich people, it is not problem to spend hundred dollars month for a hobby. On the other hand, most people need money . Ini my country a hundred dollar is valuable. It can pay a month of house rent

You cannot make money with Otter. It is just for fun and you have to clean the Otter too. 

 If you want to make money use your skill and find anyone who want to pay you. It is easy to say but it is difficult to do

I read some article that we can raise money from our hobby. Yes, some people can raise money from hobby but not all people. They can sell some collection such as coins, stamp, basketball card and others. They could make more money.

A Clever man cannot make money

 

There are some people can make money but there is no one hire him. Finally, I know that not all university graduates cannot make money, whereas money is important for people. Paying college fee also need money too.

Some clever man cannot make money. I found a master’s degree lay the poster that is written he need money and he want just want food for jobs. It is difficult time to get job at the time. Today, the COVID 19 also make people poor because some office close.

A Master or doctor degree is not a guarantee. You must find other people or company who want to pay your services. It is not easy. Some employment only pays for right person. To be right person, you should have skill and knowledge. More experience, more money you get. The employment pays more than other people.

That is why, you should also find the suitable education. Most company seek the business graduate school because company need to operate the company. They need to manage the company to raise so many profits.

When they study in college, they can find jobs or open a business. They will need someday. They do not have to find job when they have a business. Some graduated can make money more than an officer in multi national cooperation officer.

While gold price increasing, It is not good to sell gold today

 

We have no debate that gold is precious metal. It is the best investment today, tomorrow and past day. People use it as Jewel and saving. When they need money they sell it.

Recently I have heard, the most gold shop in my hometown charges higher cost to jewel sell. Certainly, the jewel oner cannot complain the charge cost. The shops charge the made cost of the jewel higher than usually. So to sell the gold is not good today. On the other hand, the gold price also increase.

In my opinion it is not fair but we cannot protest to the shops. If you want to sell the jewel you may go to other shops. Unfortunately, other shops also charge higher cost. In my opinion, there are a cartel to set the higher cost price. I believe the seller what to stabilize the gold price. They will be loss when most people sell their jewel. I believe it is not good for shop. The seller will sell to people while I doubt it too.

Everyone needs the stable gold price du its as safe heaven. It is nit good when the gold prices decline and the people will not believe to the gold price. We cannot avoid the people need money. The shops supposedly be wise to this they do not have to charge higher cost as long the

For the man who have so much money, they will not sell the jewel today. They may hold for some time.

I believe that nothing last forever. Gold may make you loss too. When people sell the gold you cannot use it to but a slice of toast to or a bowl a rice.