Diminishing wealth?...what went wrong! by monica-ene

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hive-167922 · @monica-ene · Oct 5 '22

$15.80

Diminishing wealth?...what went wrong!

# Hello Hive

![Screenshot_20221005043624.png](https://i.imgur.com/Bd4uhtI.png)

If a tree can be grown from the scratch to become one of the largest specie in the forest and like our dear mustard tree, it can as well diminish if proper care is not giving to it.

Have you ever wondered why that tree has grown huge over the years and can now stay standing tall for years?

* Sustenance and adequate care might be the key here.

Yesterday we pondered about how much money one needs and is likely to spend in his entire lifetime.

It is very pathetic how some people work even until old age trying to gather more money and wealth when the game can be twisted around a bit.
Are there certain factors that contributes to the diminishing of ones wealth and why your net worth can start going from $30 million dollars to $20 and below or why one rich individual overtakes one another when we count the wealthiest on earth in ranks?

The game is fast changing from how to make More money to how you can build and sustain what you have.
It is possible not to work your entire life making more money but to now turn and make the little money you have work for you.

Your money can now work on its own and with proper management and vast knowledge of different kinds of investments you can put your money into good use.

If your wealth is diminishing, you probably may not have invested, or have invested in the wrong scheme and it is equally possible that you haven't spread out your investments enough, as you cannot put all your eggs in a single basket.

Financial knowledge and the new economics we ought to learn now is not just about how to make more money daily but how to generate wealth out of the little we have and sustain that status quo whereas one of such requirements is learning to strike balance between our assets and liability or what we need to invest more in and what not.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@monica-ene/diminishing-wealth-what-went-wrong)

👍 leo.voter, edicted, laruche, psyberx, bitcoinflood, maxwellmarcusart, c0ff33a, walterjay, thealliance, joetunex, johannpiber, phoenixwren, bitrocker2020, psybercurator, pixresteemer, neumannsalva, fengchao, ukulima, onealfa, teesart, dlike, jasonbu, starstrings01, insaneworks, megavest, roleerob, bnb-hive, steemitboard, dianadora, p-hive, practicaleric, zkalemiss, pboulet, tripode, garlet, psyberwhale, gniksivart, captainquack22, organduo, kevinwong, psyberxmarket, leofinance, anonsteve, enjoyinglife, coinmarketcal, fambalam, jayna, elizacheng, pouchon.tribes, inthenow, vintherinvest, assistance, hivebuzz, princessmewmew, ew-and-patterns, vempromundo, uwelang, blezyn, maxsieg, khaleelkazi, eternalsuccess, cielitorojo, lordtimoty, a11y, and 146 others

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@beerlover · Oct 5 '22

<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @monica-ene, here is a little bit of <code>BEER</code> from @pixresteemer for you. Enjoy it!</p> <p>Learn how to <a href='https://peakd.com/beer/@beerlover/what-is-proof-of-stake-with-beer'>earn <b>FREE BEER</b> each day </a> by staking your <code>BEER</code>.</p> </center><div></div>

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@iskafan · Oct 5 '22

RE: Diminishing wealth?...what went wrong!

This cannot be said enough. Things change. And the way to be safe is diversification. So that if one goes south, the other stays put. Another way, is to try invest in assests that has the tendency to beat inflation 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@iskafan/re-monica-ene-37ke3y)

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@monica-ene · Oct 5 '22

RE: RE: Diminishing wealth?...what went wrong!

True sis,  thank goodness for all the recent development and knowledge we are getting... 

Soon enough we may all attain some level of financial stability after applying this sound processes. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@monica-ene/re-iskafan-4rnfbh)

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@iskafan · Oct 5 '22

$0.05

>thank goodness for all the recent development and knowledge we are getting... 

I am grateful to be opportuned to learn them too. 🙌🙌 

>Soon enough we may all attain some level of financial stability after applying this sound processes.

I am optimistic that we will. 💪💪

👍 monica-ene

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@joetunex · Oct 5 '22

RE: Diminishing wealth?...what went wrong!

Like we chatted over the phone yesterday, dipping into our Hive stake for expenses can diminish our rate of building wealth, I think a lot depends on setting a limit and finding ways to earn from other sources without straining our main source of building wealth. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@joetunex/re-monica-ene-4bwnji)

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@monica-ene · Oct 5 '22

RE: RE: Diminishing wealth?...what went wrong!

Yes ooo my brother in the sapa situation... 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@monica-ene/re-joetunex-29y9ys)

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@joetunex · Oct 5 '22

$0.04

RE: RE: Diminishing wealth?...what went wrong!

We've got to manage the sapa situation lol

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@joetunex/re-monica-ene-4nq634)

👍 monica-ene

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
monica-ene	0 B		66,784,965,154	50%

@paulyoung1 · Oct 5 '22

Hello @monica-ene
Can I talk to you on WhatsApp?
Please, I want to ask and learn certain things about this community, thanks

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@mo-bills · Oct 12 '22

you asked a beautiful question, the same question I have been asking. It is so though navigating the system

properties (22)

@monica-ene · Oct 5 '22

Monica-ene#6220... Yes dear you can ask any of your questions here or chat me up on discord...

properties (22)

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@paulyoung1 · Oct 5 '22

Okay
I'm not on discord
Okay,
Is this community all about consistency only?

properties (22)

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4 replies

@pixresteemer · Oct 5 '22

<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 126 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-125-and-start-week-126) just started...you can now check the winners of the previous week!</center><center>!BEER</center><center><sub>1</sub></center>

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@poshtoken · Oct 5 '22

$0.03

https://twitter.com/adikwumary041/status/1577507069913071616
<sub> The rewards earned on this comment will go directly to the people( @monica-ene ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>

👍 acidyo

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
acidyo	0 B		99,069,742,113	1%