What’s the Most Underrated Skill for Achieving Financial Freedom? \ stacker news ~Education

What’s the Most Underrated Skill for Achieving Financial Freedom?

947 sats \ 12 comments \ @nym 16 Oct Education

When people talk about financial freedom, they often focus on investing, saving, or building wealth. But sometimes, the most valuable skills or habits are the ones that aren’t talked about enough. Maybe it’s discipline, emotional resilience, or even something unexpected like negotiation or patience.

What do you think is the most underrated skill or habit for achieving real financial independence?

For me, the most underrated skill is delayed gratification. It’s not just about resisting the urge to spend money now, it’s about thinking long-term in everything you do. When I first started learning about Bitcoin and freedom, I realized that the biggest hurdle wasn’t just making money, but knowing when to hold off on spending it for the right opportunities.

view all related items

173 sats \ 1 reply \ @plebpoet 17 Oct

delayed gratification = denying yourself. If accepting delayed gratification, adopting long term thinking, is denying yourself, then the path to freedom is being faithful.

So faith would be the positive motivation, believing that your steadiness today builds a better tomorrow. Same thing, but denying yourself is the negative motivation, or the key difference between stating the same idea twice is belief.

0 sats \ 0 replies \ @nym OP 17 Oct

Yes. We are presented with thousands of choices a day, and every action we take that isn't a "sin" is an act of faith.

344 sats \ 1 reply \ @Bell_curve 16 Oct

you have to take some calculated risks to grow your portfolio exponentially

sometimes I get too conservative with my investments when I have 'too much' money

to recap: don't lose your nerve (i.e. don't get scared, don't lose your balls)

Think long term when computing risk

21 sats \ 0 replies \ @nym OP 16 Oct

Great advice.

10 sats \ 0 replies \ @4rge 17 Oct freebie

Not pissing away your money on stupid shit

41 sats \ 0 replies \ @Golu 17 Oct

You've to be at your best. No underrated skills.

30 sats \ 0 replies \ @justin_shocknet 16 Oct

Balancing optimism and skepticism, you need to call bullshit on just about everything, but be optimistic enough to act on asymmetry.

5 sats \ 0 replies \ @SpaceHodler 17 Oct

That's interesting that you think of delayed gratification as a skill. I think of it more as being linked to a character trait (low time preference).

4 sats \ 0 replies \ @cryotosensei 20 Oct

Don’t look down on small money.

At first, I wasn’t motivated about keeping my blog with Google Adsense because it netted me 1 or 2 cents per day. But I realised that if I kept at it, I would be able to attain as much as 60 cents per day. Consistency compounds eventually.

3 sats \ 0 replies \ @flat24 17 Oct

I totally agree with you that the most difficult thing is time preference and it is very difficult to look at the long term. IMO patience and discipline are the most fundamental aspects

0 sats \ 0 replies \ @thecommoner 16 Oct

Being strong-minded or strong-willed...

So many on this earth believe life is or should be easy... when the truth is there is nothing easy about living life when you are thinking long-term. So many around us are trying to coerce you into buying their "whatever" and promising it will make you "whatever" and it is all just sales...and its all because our base layer protocol we developed our systems on was corrupted...

We have to be strong of mind and will to reach out of the cesspool we have built to date and know that we can and will do better on our new base protocol...

0 sats \ 0 replies \ @Satosora 16 Oct

Patience. Cummulative interest pays off.