Showing posts with label financial security. Show all posts
Showing posts with label financial security. Show all posts

Friday, September 6, 2024

Man's only rival is his own potential

 Man's only rival is his own potential. Man's only failure is to fail to develop his own potential.These are the words of Abraham Maslow. I guess you've heard of his pyramid. "Maslow's Pyramid"

Physiological needs - those necessary for life, such as food, water, shelter, clothing, sex, recreation.

Security needs - those that ensure the physical and mental protection of the person and give him confidence - reliable work, pension system, working conditions, etc.

Affiliation needs - those that attach to someone or something - friendship, family, love, participation in a group, membership in an organization, etc. Esteem needs - including self-esteem, through which a person feels himself to be a person who is useful and significant to himself and others. This includes things like confidence, status and achievements.

Need for self-actualization - a need that enables a person to express and develop his full potential. As Maslow himself says, "What a man can be, he must be." Maslow himself divides needs as follows:

Physiological: food, water, sleep, health, air.

Existential: shelter, safety, security.

Social: social connections, communication, affection, concern for others and attention to self.

Prestigious: self-respect, respect from others, recognition, achieving success and high appreciation, development at work.

Spiritual: knowledge, self-realization.


Sunday, October 16, 2022

Investment is putting your time and money into a project and hoping that the return is more than your contribution

There are many reasons why we need to start investing for our happiness. If we are financially empowered, we feel secure, and it makes us really selfishly happy. The world of income potential: investing can provide you with a world full of opportunities and multiple ways to earn income. You'll be able to save while you earn, and then invest in more sources of income outside of your traditional job. Paving a path to financial security It's important for today's workers to understand that their careers may not always last, so it's best to embark on smart investing if your income stops when you're older, retired from the workforce, or, worse, terminated from employment due to illness. A person who invests can use that invested money for future needs such as retirement, medical emergencies, and consumer financial goals. For each type of investment, there are certain guidelines and restrictions that must be followed by the investor. Investment: investment is putting your time and money into a project and hoping that the return is more than your contribution. In other words, investing is an act of risk-taking that can result in a profit but at the same time create a loss.
Author: Sezgin Ismailov

Man's only rival is his own potential

 Man's only rival is his own potential. Man's only failure is to fail to develop his own potential.These are the words of Abraham Ma...