Topic: Take care of your money and learn to save. - page 5. (Read 1792 times)

I would not consider it wrong to save, because in general it is still very useful for anyone. But in terms of saving, everyone also has to be smarter in choosing what is best for them to save at a young age, because if they only save money without thinking about inflation, it can destroy the value of money itself. I think people who do things like that have made a mistake in choosing their savings options, because now there are many other options for saving besides money and that is something that can really save our old age.

Examples are saving Bitcoin, gold, and also buying more land in strategic complexes because this can enable everyone to reap quite extraordinary results in their old age. Because as we have seen, Bitcoin can be relied on as a savings and investment option, as well as gold and land, which always experience an increase in price every year, although the price increase is not that significant if we compare it with Bitcoin. So don't just take the savings option on money alone, but be smart and wise in choosing assets to save for a bright old age.

This year it seems that not many rich people are able to maintain their wealth. Because intelligent rich people will definitely consider that there will be very difficult economic conditions and there will be inflation which might worsen financial conditions in their country. Therefore, rich people who have prepared everything will definitely not be affected by inflation. In fact, wealth will grow even more when inflation occurs.

I think everyone wants to have money in their old age, but sometimes when they are young, there are still many people who are not aware of saving. Even when they were young, most people spent their money on unproductive activities such as partying and so on. Therefore, saving is important and you also need to train yourself to do it. because the benefits will be felt when you retire.

Not everyone lives with adequacy in terms of money but they continue to improve their mindset to find opportunities to get much more stable money. Mindset will affect people in pursuing financial stability and although sometimes it is difficult to achieve the best in the absence of capital. As long as we want to try there is definitely a way because the most important thing is we have the intention to improve the standard of living for the better.

Not everyone is born with wealth but there are many opportunities for people to reach the stage of wealth. Opportunities to get it can be done by using several ways, such as working in other people's places to collect capital, then just struggle to develop their potential after capital is collected.

Rich or wealthy people would be normally be that sitting on the top as always since they are the ones who do continously making money while to those who are sitting on the middle and low would surely be experiencing even more hardship as years passing by. This is why its not really that shocking that those conditions wont really be changing up not until you would really be making out such act for yourself and find for another opportunities.

Success isnt something that would come into you if you wont really be taking up any actions. If you do find yourself having that financial struggle or lets say you do have that good opportunity on earning money but doesnt have that good management out of it then it would really be useless or pointless. If you do like to have a progressive life and wanting to have that kind of success then you should really be that wise and making up those decisions which would really be getting in line on what you are projecting on or simply on what you are targeting into. We do know that when it comes to this then each person does have that different approach.

Savings is for emergency purposes but we do know that it isnt really just that only for emergencies but also for other usage as well such as investment and making up some business.
It would really be just that depending on how you would really be utilizing those amounts for the benefit you could really be able to get but of course you would be needing that proper planning.

People's that have money there miss use their money instead of them to be used the money do better thing or established them into another till when the money has finish they will come later regrets, which they will nit even know how the money take finish. One thing in life by the time you money you have many peoples close to you but once they see that the money has gone they will definitely disappear from you Side, and that's is is good to know the type of people's that you can make friends with not the ones that only knows you the time that you have something on your hand and easily far away from you the time that you're empt handed.
Actually the amount of the money we are earning now is divided into two part accept those that are not divide their own, and if we look at it divide amount of money we earned daily or monthly is the best ideal for this country our country we living. Expecially if we're taking one part to invest even thought the work that we're doing has stop we can the reason where to get money or how to survive with your family's with the small investment you do you can support yourself and families. But not all the people's are think of that till when the financial crisis has happened to fi them they will be later regrets about save or invest.

The value that the middle class has been receiving and have is shrinking due to inflation. While the rich getting richer due to the opportunities that they are having. The economy that we're experiencing isn't really suitable anymore to live a wealthy and easy life when you're in the middle class. We don't even have to think about the future but we're here to have bare enough and to survive. A sad reality but everyone of us are keep on trying.

Saving is very important and it plays a huge role in our lives because life is always full of surprises. But one thing I see is that many people underestimate saving, they always have the stubborn mindset that inflation causes money to lose value and they don't want to have any savings. Meanwhile, they never even know what their country's inflation rates are and how they change. Instead, they think about investing and investing all the money they have, they dream that investing will help them beat inflation, help them become rich. They forget that making money is never easy and is even more difficult when it comes to investing because the higher the return, the higher the risk.

Even billionaires and top businesses always have money saved for emergencies, but surprisingly, retail investors like us think saving is wasteful.

You don't have to say we enough money and use the first person pronoun and not the second person pronoun "we" because not everyone here have enough money and as other have said, everyone will not have money money as the same time and it is good for one to save but you don't to advise people to save because foe one to save he must have enough and solve his outstanding bills and it is the remaining balance after the payment of the bills that one can save.

If someone is paid good amount.of salary then he can save if not there is no way one can save.

There are people who can share their finances, but I think this is done by people who are very good at managing their finances, but saving for anything is of course a good action because not everyone can do that, of course there are people who already have an income. but they can't save their money, even for an emergency fund, they can't do it, because everyone's income is different and maybe with those who can't save for the long term, I don't think it's a problem, even with those who can't save for an emergency fund, maybe that's because they have sufficient and limited income.

If we really want to invest, of course we have to be able to consider everything first, such as risks or aspects that must be prepared before investing, such as having savings outside of investment or emergency funds, because of course the investment we make also has its own risks, such as losses that could occur if we don't. have a good understanding or knowledge in investing.

Yes, when we have money, spend it as we wish. At least if we don't have money in the future we won't feel disappointed in ourselves for not buying what we want when we have lots of money.

Having lots of friends when you have a lot of money is normal, or not having friends when you don't have money is also normal, so there's no need to be surprised or overly prejudiced. What's unfortunate is that when people have a lot of money but no friends, everyone stays away from us, so we need to worry about our fate in the future even though we have a lot of money.

So don't think that when people approach us because we have a lot of money. If you go on a trip, and you invite your friend, while on the trip ask whether your friend brought money. I made sure that he brought his own money even though you invited him. This means that your friend doesn't fully expect you to pay.

I prefer to allocate more money in investment and business than saving in the bank, even though savings are also important because we don't know when we will need money for urgent needs. We must be able to regulate this percentage optimally because without a concept in running our lives we will never be able to adapt to conditions that are much worse.

Being stingy also has a measure and that must be differentiated because the most important thing is that we are not so stingy when it comes to matters of need. If we are stingy about spending money on unnecessary needs, that's good and maybe it's not stingy. Rather, we adjust our needs and expenses so that we can make adjustments to financial problems.

The aim is to provide the right decisions in the future and we are not faced with problems when economic conditions become worse. Without a plan we are unable to prepare for a much better life and instead we will be faced with problems in the future.

That's right, by saving the percentage of becoming a billionaire is very small, it also means capital and that is very far from my mind. Indeed, becoming a billionaire is a dream but it has to be done through effort which is not easy and of course if we don't have activities that are able to generate large profits every month, but, in my opinion, it is difficult.

The most positive thing about essence savings for me is that there are funds that can be withdrawn if we are in a weak condition. Whether the economic condition is weak or critical, at that time this needs to be handled quickly so that it can be resolved.

Currently it is quite difficult to save and invest, and this does not mean that we have to be wise in thinking about finances for the future, but the current economy of society is very difficult, especially for those at the bottom who work as farmers or fishermen, let alone saving for their needs. everyday life, even now it is difficult, because market prices are uncertain, how do they think about retirement benefits in the future? They don't know what day it will happen.

This is what our society is currently experiencing, the current economy makes it impossible for some of us to think about a more beautiful future, because our income is uncertain.

Whether or not you're always should be concerned with saving money,you don't necessarily need to be a billionaire but its important to have money saved for the future,I mean a good sum of money.Whatever happens,you need to be responsible for whatever you earn and save/invest,ensure that you still have enough money for the future that'll cover your unexpected expenses.

The sooner you start shaving your, money, the more likely it is that you’ll never face a lack of money or financial stress.Everyone recognize s money as valuable,since money is always importants,its crucial to make plans so you will always have enough;therefore,earn money,save money,invest and take a responsible approach towards acquiring and saving money without allowing it to cause you problems in your life.

Doing work until old age I think is very difficult because old age will limit us from doing activities like when we were young and deciding to save at a young age of course this will prepare us for a better old age and we will also be able to enjoy together with our family in the future, reducing expenses that we don't need at a young age, this will be very beneficial for us and we can use the money to save and we can even make investments because by investing in assets that have good potential, of course this will making these assets profitable with prices continuing to increase.

It's sad that from the poor to middle class are dealing with the same thing but obviously, the poor is the one that's struggling more. While before and several years ago, the middle class can live a lavish life without having any problem at all. And now, this seem to be the new poor description by being in the middle income earners. But there are a lot of middle class that are wise with what they earn and learned how to save and to invest properly so that they won't downgrade their lifestyles in the future.

Savings is your friend in bad times because you can earn a lot of money by working or doing business when you are young but you will not have that ability when you are old. That's why you need to reduce waste of money in your youth and make savings so that they can support you financially in your later years. In this case, you can keep your savings in an asset, in which case the value of that asset will increase over time, so you will not lose the value of your savings.

Saving money is first step for investment in something. We should avoid over expenses and should spend our money on only useful things. If we will buy  luxury things and we will buy it on installment ,that is foolness. Man should make budget and he should research on good stocks where he should invest his money. But he should research on the business behind the stock, if he will his money blindly ,he will lose his money and then he will investment in stock is bad and he will advise every person not to buy the stock and keep the money in the bank that is bad idea with my personal experience.

Sorry for not being able to explain clearly. What I mean is that people in middle-class households cannot invest in anything they want because their limited income makes it difficult to manage the household. Those who have only one income field have less income, so they have to save first if they want to invest. I am not saying they will save to earn good profit. They will save to raise investment capital.