Greetings, everyone on the #leofinance community.

Smart Money Management Tips for Young Adults on Hive and Off Hive is pertinent as we are growing in the aspect of making money. This is what we need as young adults who are aiming at making a lot of money and establishing companies. We young adults are eager to make money, nobody wants to fold their hands watching others, if there is this set of people, they are "walking dead" people. They are purposeless. We are born with purpose but when you have refused to actualize it, you have failed. Making money requires discipline and money management, especially among young adults requires discipline.

Making smart money is good and applying the right knowledge of management is acceptable in a system like this.

Most young adults go into bankruptcy because of a lack of knowledge of money management. Some of them had money through one online or offline business but now they don't have it again because of poor management.

Taking responsibility for money management is a hard thing, if we want to be rich we must be smart in taking responsibility for managing money. Our expenses must be diminished.

We have many smart money managers on Hive Blockchain and off Hive Blockchain. Probably, young people here are managing online business and offline business without any rancor on both sides. It's a good stream of income.

The purpose of this content is to provide sensitive tips for those of you who are facing financial illiteracy in money management on Hive Blockchain and off Hive Blockchain, or both. It can be beneficial to you.

Source

I'm going to start with tips on smart money management on Hive Blockchain technology.

On Hive Blockchain

Creating content

Creating content is one of the ways you can earn cryptocurrency through your quality content and curating content. For those of you who are contemplating what to do to earn money and manage well, you create engaging content that will bring curators or hivers to your blog. Many have tokens that can save or manage your income for you and at the same time earn interest as you are saving in hive tokens

Staking Hive Power (HP)

This is one of the ways you can save your money on Hive. You buy and stake or from your rewards. The more you stake the more you increase your influence on the platform and the more you have curation rewards from the community. Staking on Hive(HP) may be risky due to market fluctuations. You need to be wise when you are managing money online especially when it is related to cryptocurrency. The hive price now is low.

Staking/managing HBD

Managing Hive-Backed Dollars is about native tokens. HBD is a stablecoin investment and is pegged to USD. 1 HBD is equivalent to 1 USD in Nigerian Naira is #1000. If investing or saving your money in HBD, probably 1 million naira, there is a tendency to earn 20% annually, if the market doesn't fluctuate. Here, is your smart money management, if you can understand the ecosystem and how it has been managed. If I want to save my money on Hive, the best token I would choose is HBD. There is no market fluctuation as Hive tokens.

Define Financial Goals

Set your financial goals on Hive Blockchain whether through content creation, investment, or project, and having clear objectives will guide your token management strategy.

Off Hive Blockchain Technology

Skill Development

Investing in yourself as a young adult can affect every part of your life. Consider education as an investment. When you are rooted in the right knowledge, you will know how to manage money and other pertinent things concerning your life and your business. Let this be your top priority.

Traditional investment

Aside from managing or saving your money on the hive blockchain, consider, traditionally diversifying part of your income for the future. There are traditional ways you can save your money to avoid mismanagement.

These are the few tips, I have been able to raise to help our young adults in smart money management.
With these few points, you will be able to manage your money on Hive Blockchain technology and off Hive Blockchain technology.

Set financial goals

Setting goals for yourself will be if great benefits as it would help you to achieve your goals.