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Money Affects HappinessConventionally, we used to hear the saying, "Money can't buy happiness.". Is it really true? Let's look at some facts about happiness, money, and life.  Easy to talk about happiness and specific amounts of it, but how do we measure happiness in real life? It isn’t something we perceptibly see in a computer game. In fact, it is more like a feeling and believe it or not, there are ways to measure it.  How To Measure Happiness? As we look at the behavioral aspect, when we feel happy our behaviors change. We smile more and feel much more energetic. Hence we might be much more patient and helpful to others. However, any external factors can affect our happiness, which simultaneously affects our behaviors such as sun, exercising, eating, etc. Other than our behaviors, there are some biological ways to assess and reveal people's happiness levels in laboratories, but these are way too scientific. Reports, on the other hand, are another helpful source of information. In Particular, we can consider self-reports of people about their emotions and the feedback from other people. For example, as a parent, brief information about their child's emotional state to another person is valuable feedback. Of course, this data is mostly based on a person's emotional well-being, but it is also helping researchers carry out certain types of studies. Attitudes Towards Money For most people, the relationship with money, happiness, and living standards compose complicated relationships. It isn't like something that turns off when they achieve a certain amount of wage per year. They want more. Therefore, they try to find ways to earn more, usually by advancing in their career, which results in economic growth on a societal basis.  On the other hand, things may lead in a different direction. More income means more flexibility on living expenses. However, with the pandemic, things started to change dimensions. The pandemic was actually the emergence of some crises. Some people lost their jobs or gave up what they love for the sake of themselves and their loved ones. Thus, the pandemic started a new pursuit to make money in challenging times. So happiness had to be put away from people in order to survive. For some people, money might be the indicator of success. In that case, if you are not earning much from your current job, you might think, "Am I not successful enough?" That creates a twisted sense of success and affects the lives of many. For some other people, however, only the job they are performing gives their lives a purpose that brings happiness simultaneously. As you can see, "money" can be determined in many ways depending on the person.    Killingworth's Study In this post, I will also talk about a study by Matthew Killingworth. This research was conducted to measure people's well-being by collecting data from them on a daily basis. Actually, it has an extremely interesting content-collecting process. At some point, he links people's happiness with their income, as I mentioned before.  According to a paper from 2010 by Daniel Kahneman and Angus Deaton, well-being stops increasing after achieving a $75,000 annual salary. In his study, Killingworth declares that the possibility of increasing well-being stops after some time. This is since money no longer means something. However, he suggests well-being continues to increase with income as it can also give some satisfaction even just to see the ability to make "more" money. Following on the study, Killingworth highlights that people earning more are happier. This derives from their high income and the possibility of doing things without doubt and worry. Who wouldn't be pleased by not caring about money while doing things they want to do? On the other side of the story, working excessively to earn more brings problems such as depression. People who link their self-worth with their income most definitely suffer from stress and, even more, depression. So, the key is trying to keep everything at proper and healthy levels. For example, the passion of earning more or dreaming about an alternative life that comes with more money. 
BITSTAMP:BTCUSDEducation
by vf_investment
4
How to save money as a student Many students are trading crypto, forex or stocks so this time we have something for you! We hope that you will find this publication interesting and beneficial! Enjoy! Although your time as a student is the best time of your life, it is way more expensive than it should be. You want to discover, learn, meet new people, try new food and go to new places. At the same time you aren’t earning your own money yet and your books are your best friends every evening . Therefore, even if you don’t have to pay thousands euros for your education every year, it might be difficult to manage and save some money during your student time. Fortunately, there are some simple ways to save money while still having fun and enjoying being a student. But before sharing with you those tips, there is one thing that is even more important for you to remember: adopting a saving mentality. You need to realize that being economical is a mindset. So, if you are open to trying it, follow the advice we are going to give you. It doesn’t mean that you have to give up all the things you love doing because they cost you a lot of money. Instead, you need to find a balance between being economical and treating yourself from time to time. ⦁ Set a budget & follow the 50/30/20 budget rule. Before anything, it is important to be aware of the money that you receive every month. The 50/30/20 rule is a perfect budgeting rule for beginners. It means that you split your money into 3 categories: needs, wants and savings. In general, it looks like this: 50% of your money goes toward your absolute necessities (rent, transportation etc.). Then, the 30% goes to things that you want but not necessarily need (eating out, going to a concert, buying a book). So, what’s left is the last 20% which goes towards your financial future: saving money aside to reach your goals and stay calm in an emergency situation. ⦁ Cook your own food & be smart at the supermarket While eating out might be very tempting, it certainly won’t be beneficial to your wallet. Try to set out a rule of eating out for example once a week, or once every 2 weeks. Secondly, never do your grocery shopping when you are hungry as this is the easiest way to overspend your weekly budget. Last but not least, make sure to plan your meals in advance. It will help you estimate how much the ingredients will cost and also actually use the products that you will buy. And if you have a whole day of classes ahead of you, make sure to prepare enough food for the day. ⦁ Explore student discounts Being a student has many perks, and one of them is student discounts. If you know where to look, you can easily save on movies, travel, food, retail, software and many more. In addition, when you are looking to buy something specific, try googling if there is a student discount on this product. For example, ‘Adobe Photoshop students’ sends you directly to a discount page for students and teachers. Or, if you are looking to buy a new laptop from Apple, definitely check the ‘back to school’ discount that the company offers every year. ⦁ Cut out unnecessary subscriptions This one is especially important when you are planning out your monthly budget. By checking on all your subscriptions you can cut out regular payments you don’t use before the prices go up. Nevertheless, if for example paying 15 euro per month for Netflix keeps you from going to the cinema every week, you should definitely keep that subscription. ⦁ Find a side hustle Although you don’t have time for a full time job during your studies, you can definitely afford to spend 10-20 hours a week by earning some money on the side. It can be a very simple job, such as working in a coffee shop or a restaurant but there are also plenty of online opportunities! You could become a virtual assistant, for instance. That means mainly helping your clients manage their day-to-day life by answering emails, booking flights and organizing their schedule. Or, if you are fluent in 2 languages or more, you could try freelancing as a translator on websites such as Fiverr or UpWork. ⦁ Share a flat with your friends Another way of saving money while being a student is sharing a house or apartment with more people instead of living alone. By splitting the rent, but most importantly also all the utility bills you will save a significant amount each month. ⦁ Search for free entertainments & get creative Social life is probably one of the most expensive things in your student life. Most of the activities cost money, but there are many less expensive ways to have fun with your friends. Why not have a picnic instead of eating out for the third day in a row? Or going hiking in the valley closeby instead of going to the overpriced party on Saturday night? To conclude, even though you might not have enough money as a student, there are tons of ways to save what you have. In fact, you can even earn some money by doing a part-time job. Hence, following the tips mentioned above will help you create a healthy balance and good relationship with money for the future.
BITSTAMP:BTCUSDEducation
by vf_investment
5 Ways to make Money OnlineThe Internet is one of the world's most revolutionary inventions. Not only because it puts all the world's information at your fingertips, but also because it provides opportunities that previous generations only dreamed of. One of them is the freedom and opportunity to make money through the Internet. However, the only remaining question is how to make money on the Internet and what all you need to do it. 1. Start blogging and monetize your blog Understandably, in any list about how to make money online, blogging shouldn't be missing. In particular, the important thing when you start blogging is monetizing your blog. The truth is that blogging as such won't earn you a lot money, because nobody will ever pay you for the articles you publish on your site. But, there are important things that you will earn. For example, it’s selling your own products and services. This is what will primarily earn you money when blogging. All you will need is to come up with a product or service that is in demand and sells well over the internet. You can also sell advertising space. This is one of the oldest ways of earning since mass media has existed and you can also use it because your blog can be a highly visited medium with a specific target audience. This means that companies interested in reaching that target audience could pay you for advertising space. You can also use affiliate marketing. Yet you don't only have to sell your own products/services, but also products/services of other companies as long as you get a certain commission for them. Last thing that you can do is sell premium content. If you have something to write about and can provide valuable information, you don't have to give it all away for free. Actually, you can make specific advice, techniques or advanced strategies available to paying customers whether in the form of subscriptions, online courses or ebooks. When selling, however, be aware that some forms of earning will earn you more, some less, and some not at all. You can take inspiration from abroad, but not everything has to work equally well for you. 2. Become an influencer An influencer is a person who has the power to influence people's buying decisions because of many reasons. For example, some of them are their authority, knowledge, position or the relationship they have built with those people. Influencers often have their own platform (blog, YouTube channel, fanpage with a large number of subscribers) and their fans trust them enough to give them a recommendation. Compared to traditional (mass) forms of marketing, influencers have the advantage of being able to reach a targeted group of people. Thus they increase the effectiveness of the marketing activities of various companies that approach them with an offer to collaborate. The sectors that are most worthwhile for you are: fashion, beauty, fitness, travel, lifestyle. As an influencer, you can make a lot of money. For instance, for one Instagram post, influencers routinely charge between €100 and €400. If you're in demand, you can get 5000+ euros for bigger collaborations. 3. Adsense advertising Adsense is Google's advertising system where you can show Google advertising on your website, blog or YouTube channel. Of course, Google will pay you money for it. However, it's important to note that you won't earn much with this form of monetization. This is unless you have a huge amount of traffic to your site or viewership of your YouTube channel. And by huge, I mean in the hundreds of thousands to millions of views per month. 4. Selling your services (freelancing or consulting) Compared to other forms of making money online, this is the fastest, easiest and can be quite profitable. You can even make money from home this way. You just need to create a website, put subpages of your services on it, promote it a bit and hope to get your first clients. You don't have to create a physical product, as the service primarily depends on your know-how and expertise. Actually, you can tailor it to the needs of a specific client. It can be anything, for example online marketing consulting, website development, coaching, interior design or wedding planning. If you're starting from scratch or miss portfolio samples or a website, try to compensate with an interesting way to reach them. Don't be afraid to do something for free to get started. 5. Affiliate marketing If you have your own site with good traffic or a database, affiliate marketing will help you monetize your website. This involves recommending products or services of other companies, for which you receive a certain commission. The amount of commission can be either individually agreed or determined by the company in its affiliate program. So, if you want to get started with affiliate marketing, you basically need: - an overview of web development and traffic generation (SEO, PPC, email marketing) - search for affiliate programs and choose the appropriate area Something will work for you more, something less, something not at all. The important thing is to quit what is just a sucker for your money as soon as possible and strengthen what works. If something works less, that doesn't mean you should stop it. Even smaller earnings, such as from Adsense advertising, can be used to fund your effective marketing activities and not just be taken as a form of earnings. I hope you found this publication interesting and 5 ways that we pointed out will be useful for you to make money during the bear market so that you can make a life changing investments!
BITSTAMP:BTCUSDEducation
by vf_investment