Hi steemians and tribe members of @steemleo
I wanted to make a post explaining the not so sexy guide to improve your financial status and how this actually translates into a very long term game. It seems that everyone needs to play the game no matter what, there might be people trying to escape from it but in fact chances that sooner or later you will need to play the game are very high.
To be part of this game we just need to be introduce to it once our parents are not willing to play for us, that's when most usually start working and some even move from their home. Once you are in you cannot get out of it and even the government and other institutions will force you to keep playing no matter what.
You start to work. In most of the cases you start trading your time to get money. Money is the only way to store value (I hope you are laughing at this statement and hopefully you know that historically there were other means of storing value that had more power than fiat money. Think of crypto as an alternative as well). So given you need to get stuff to live like food, clothes, roofing, you will most likely trade your money for those items. Most of the time we do not really understand why but we just need to do it. As you start to earn more money by working hard and studying or specializing you will start getting taxed, we do not understand why but we need to pay those taxes so the system keeps working.
Time for money
There is always this trade of your time doing things at work for money that you will probably use to buy and own stuff you like. Let's think of housing, it could be rent or paying a mortgage, in any case you will need money in exchange to be able to own long term or short term the housing matter.
Financial independence and early retirement
Usually this is where most successful stories will focus on how the strategy, system, app or even lucky approach worked. Some will tell you to do this or live in a special way, to own land and house or to pay rent. Some will try to tell you that budget is the main thing, some others will tell you that different source of income, passive, rental etc will be your way to go, the truth is that all of those different methods work and also do not work at the same time, the key factor of success is the same you.
I've told many time friends how to set up a budget, attach to it, save during a year long to be able to enjoy a nice vacation by the end of the year. Save properly and build an emergency fund to be able to solve an unexpected event. But then that sounds so boring, everyone want to earn way more money, work way less hours or none if possible, be able to have vacations around the world and pretty much have everything financially speaking solve, but I believe even with those conditions it will not last long because the weak skills and poor practice of the required good habits to be able to achieve that.
Now in the following video, there will be a story that almost none of those finance articles and blogs will talk about, the long term money game that is boring, nothing sexy and most will not follow because they cannot really foresee themselves in that long period. This also reminds me of how people flock to steem when it was hot and then runaway just as they saw it is a long boring game, it just got a bit more interesting with more tribes.