How to Hit Your Money Goals using Cryptocurrency

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Avatar for esmeesmith
2 years ago

Many people get rich by investing into crypto and investing it on time and exiting out of the market on time. It is useful when it comes to having a goal and then working on it to reach there.

There are some of the thing about the goal is that you have to reach them on time. Crypto is one of the investment asset that can be done to hit your goal and reaching those goals on time.

Hitting the goal does not come in an easy way. You have to start from one goal at a time and also make sure to work on the same one day at a time. It is something many people prefer be it crypto or the other form of the investment.

So here I am putting out my views on how the money goals can be reached using crypto currency and it's various modes of investment.

Before you go on reading, make sure to take this in a way that applies your context. Because what I have written may or may not apply to you. So adjust accordingly.

1. List Your Goals

It all starts with listing your goals. Make sure to list your goals and work on it. Every day at a time. Make sure to have those goals placed in a way that your listing works out while you keep a lot of things in mind.

Most of the people who list their goals, gets an idea on how to move with those goals. I know many people who have goals but don't work on it. But watching them on regular basis makes them work on the goals.

So it all starts with listing the goals and then focusing on them in such a way that you are learning to work on them. So before you take action make sure to have them listed where you can see them on everyday basis.

2. Setup Budget and Track Everything

When was the last time you had a budget. If you have no practice of setting budget make sure to have one as the time goes on the budget making habit helps out. And tracking the budget in general helps with the cash flow too.

You can make use of the excel spreadsheet for making sure to see if the budget works out for you. I know many who are making use of the spreadsheet and they log down the spending and also track where it was gone.

I know by tracking everything on time, it helps them with the money and cash flow in general. You can also take help of other people and that is also good enough for you to understand the budget too.

3. Distributing Your Efforts

You can make sure to set your goals and make sure to do one task on them at a time. By doing that distributing your efforts you can do lot easier and better choices with the spending of money.

I know people who think about setting up goal to be rich. But they don't write down the goals. When you write it down and then work on it distributive way. You have lot stronger chance of reaching those goals.

Make sure you do take the efforts. Because without efforts, nothing is going to sustain. All your efforts can go down if you don't work on them. So take effort on one goal at a time. That's how it should be.

4. Action

Now that we have goals. Now that we have plan. But what about action? We have to learn to take action and we have to learn to work on the same. Unless we do that we are not going to be getting any long term result.

So making sure to take action. Make sure to do it in such a way that you get proper idea on what to and not to do. I have learned this from experience that nothing beats the action in our life. We have to plan for the same.

Make sure to take action. It may not happen immediately. But with action everything happens eventually. You just have to build on one thing and then next and so on stacking up your efforts.

What do you think?

This is my view on how you can reach some of the financial goals. This would get you an idea on how you can reach such goals if you do the goals and the actions on the same time. This may take some time but you can definitely do it.

I'd appreciate your comments reading this. Do let me know in comments :)

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2 years ago

Comments

You gave a very clear view on the manner of reaching financial goals. I have just started it. And upon your listings of steps i am on no. 2 yet. Setting up the budget. I only have just one that have set up and it was in staking to get a weekly interest . And I am Working it out using my earnings here at read cash. Whatever will be earned here is I put it in my staking.

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1 year ago

Thank you for this advice.. yes we need to start with our goal and need to work for it.

Yes i am working for my goal now.. hopefully by April i can reach it.

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2 years ago

I love what you have listed down here. After busvetting, I believe tracking is the most important... However, it takes a lot of discipline to do so.

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2 years ago

If we watch millionaires and billionaires people, they have common mindset. I like what you list here, really helpful in times of need.

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2 years ago

Everything looking so cool until you've execute to goals .

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2 years ago

I find Excel spreadsheets help me a lot to bot overspend and keep extra money to invest

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2 years ago

Me too. I have to write about them in the article some day :)

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2 years ago

Your points are superb, goals must be listed and understood before taking any step further. Executing them requires dedication, seriousness and effort as well.

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2 years ago