Topic: Save money today so money would save you tomorrow. - page 4. (Read 1613 times)

Indeed. Saving is an important part in our life. I'm sure everyone wants to allocate their money for saving. But the amount of money for saving must be different among us. It depends on the monthly income and the priority for the money. When we have other priority for the money, the amount of money for saving should be decreasing a bit. For example when you need to pay an urgent need, you must prioritize it firstly. Also, the amount of monthly income must be determined the allocation for saving.

Yep. It is a good idea to have investment besides having the saving money. Saving won't increase the amount of money, but investment can multiply the amount of money. In my life, I also invest in real things (gold, lands, real estate) and digital matters such as Bitcoin and altcoins. I sometimes take the money from my savings a bit if it is necessary. I think it is no problem as long as we invest in something quite secure for he future. 

Emergencies and problems in life isnt something that you could be able to know and there's no such thing about assurance that it wont really be happening on you. You would really be only finding the relevance of savings
on the time that you are on such situation or hard moments into your life. You would really be finding only its relevance on the time that you are experiencing some issues or problems on which it is really something that you could really be able to avoid if you have just that mindful about into this aspect and not really just that making yourself having no care about saving up just because you've thought that this isnt something
that could happen into your life.

Savings would really be always relevant on which it isnt really just that for the sake of emergency but also you could really be able to make use of those funds if ever you have plans on having some
investment or having some business on which you could really be able to make yourself venture into those stuffs and since you do have that financial capacity
then you wont really be having no issues when it comes to money.

I think that most people cannot manage their money when they have a large enough amount of money and it runs out somewhere in my opinion because they only think about what they want to buy instead of what is needed, because what they want themselves will definitely be bought when we have money but don't consider it well in advance, in contrast to buying what is needed, sometimes buying equipment or items that are needed is still being considered even though it is clearly what is needed, maybe this happens because a sense of desire overcomes a sense of need. Where many people have problems with their finances because they cannot manage their finances properly. Only some people can manage their finances well and think about their needs and put aside their desires in buying goods, I mean they only prioritize needs not desires.
This in my opinion mostly happens to young people who are already working, most of the horses who have worked they are because they have goals such as wanting to have a motorcycle, a gadget that is trending or others, and when they already have what they want they stop working, it is not wrong, this is good because they are trying to get what they want with their own efforts. But in my opinion, if we already have a job, we should be able to utilize it in the long term not only until our goals are achieved in owning an item, we must be able to see the future that must be prepared early on, but this is still widely ignored among young people, my advice is that when you are young, please work hard and save for the future, someday we will have our own responsibilities such as our own family.

Saving is really necessary since its important for people to have back up funds so whatever emergency cases that they are going thru they have money to spend and will not get broke by taking loans anywhere. But we also need to consider some situation that saving is not enough especially if we are relying on single source of income since everyone will fall once our main source to get money will gone. That's why as early as we can we should take action to grow or multiply our savings so that there's bright future ahead of us. Lucky for us to know bitcoin since we have good choice to invest and there are lot of other more in crypto that can potentially give us decent profit if we are careful dealing with good investment choices.

I do not think so, these days the people who have nearly no money are not people who can save, they are literally making debt to just survive, so the idea of saving to make some money doesn't really come easy for them, it is not that possible at all. We should consider the economy we are in as something that requires drastic change in your life to get enough money, like starting a business maybe or something else.

When I say starting a business many think that I mean like a shop, you rent, you hire employee maybe, you get inventory and many other costs. I do not mean that, just start a website, even something as common and as saturated as a news/blog website, write there 2-3 times a day, for 2-3 years, and eventually it will have enough traffic to sell and make you money.

Yes, exactly. When you are young and have a job, saving and investing are things that must be done to save us in the future because in the future we don't know what will happen. Always try to save, invest in property, and invest in Bitcoin. So that in old age we will only reap the results of what we are doing now, in essence we need to do these two things and we need to master them. Saving will not protect us from inflation, but saving is also needed as an emergency fund.

The key word is not how much money you need to make, but how much money you need to spend. So you can always save and invest. Especially if we are still young, of course we are still healthy and have a long future, make the best use of our time, don't regret it when we are old.

Saving is always necessary. You don’t know what your future holds so always be ready whatever circumstances that will try to attack you. With sufficient amount of savings, you can always find time to invest for long term without being pressured on how long this investment will go far before you are going to gain profits from it. Saving alone will not save you as inflation will certainly affect the future amount of you savings, but if you are more than knowledgeable and capable to invest most likely on higher risk like bitcoin, I’m sure you will have the highest benefits and profits from your bitcoin investment.

totally agreed there were times wherein i found myself confused where this and that money went? even with quite a big amount of money is spent in just a few days and it will have you thinking whether you’re just a irresponsible spender or the prices of goods nowadays are just too expensive?


another good point thankfully i have not yet found myself in a predicament wherein i have literally nothing at all i suggest you have money saved and money in case of emergency that is always on you and you shall never spend this unless it is important and you need to call someone or get to somewhere

Investing is becoming a necessity. The deterioration of economies and the depreciation of local currencies push people more to invest.

Avoiding unnecessary expenses and deciding to save is a good start. A person's desires and needs are endless, and if a person does not limit himself in unnecessary needs, he cannot save. In order for a person to decide on this issue and start saving, he/she must first know how to classify his/her needs. When most people buy something they don't need, they feel like they are buying something they need, and they make the mistake of buying something they don't need.

Just because people around you are buying things or spending money doesn't mean you should too. Everyone manages their own budget. Deciding to save is the first step to take. People who make this decision usually realize that they made the right decision when they look at their savings after a while.

I think the subject should be invest some money today, so your investment would save you tomorrow. Everyone obviously need investment and if you have the opportunity to do, take advantage of it because it's now easier to make first million but not many people knows how to adhere to that status for long, they make the money and then blow it like it's nothing and when they try to make another one again, the luck don't come to their side again and after that one finish, they blame their self later for wrong move and it's already late.

To avoid had I know, better do when you have the means. There are time for everything, just because you made enough money doesn't mean you should go get a car and just because you want to buy a care doesn't mean you should get a car that you can't maintain, these are the problems we don't discuss enough because a lot of young lads has been mislead by the society lifestyles and peer pressure.

Saving will not make you rich but it is a fact that in the situations of emergency you will need it more and you will have saved amount to use it to handle the situations. Saving is not possible to do at once but if you save amount on monthly basis or weekly basis depends on your salary then it will become Easy for you and will not be burden upon you.

Investment is needed when one needs to enhance the value of his money but I think investment amount cannot be taken out during emergency while Saving amount is in your hand and you can use at anytime for anything. Divide your Saving into two part one for investment and another for Saving so this will be better in case of emergency situations as well as to enhance money worth.

There may be people with low income who have difficulty saving, but I believe that if they are determined enough, they can still save a little. Just like some people here they say they can't save but they have money to gamble online or they have money to invest in bitcoin. But when it comes to saving, they always give dozens of reasons because they simply want to find a way out of poverty by investing. But they don't know that saving for emergencies is much more important than making high-risk investments.

We all need to have savings for the future. We all need to have an emergency fund because we have no idea when our financial problems will occur. If we follow some rules in our life then maybe we will be able to save our money.

We need to set specific goals: we need to plan our spending levels from the amount of money we earn and even spend accordingly and motivate ourselves to increase savings. This is how we can gradually reach our ultimate goal faster.
Avoid unnecessary expenses: We are often forced to spend unnecessarily on our friends and family. We need to stop this unnecessary spending to keep our goals in life. So we all should be frugal and stop unnecessary expenses.

Yes, it is really that too easy to say about saving up but in todays reality on day to day living on which it is already that a huge challenge for us and  this is something that not all people would really be capable on doing such thing on which we know that there are ones who do have huge salaries and there are ones which is really just that ample or just that exact into their daily needs thats why they cant be able to save up.
I could attest this to myself when i was still that a worker or having a day job on which the salary isnt really that big for you to boast of and would really be having those thoughts that it is really not that enough.
Yes, you do really like on having that savings but we do know that we cant really be able to do so because of such condition.

This is why it would really be that so wrong that we do blame out other people just because they cant be able to save up. We dont know on whats their situation and this is why
it is really that something that better to leave them alone since we do have our own struggles in life and the solutions that we are seeking into.

Well, that's why we need to pay more attention to what we invest than what we save. we need savings to meet the emergency needs we have. Without savings, all the investments we have could be at risk.
Even though saving is something that needs to be considered, I think it's a good idea to do that while investing. Investment is an important thing. In fact, I think that when we have 100% of our money, 70% is for investment purposes, and 30% is for savings. it's better than to focus on one of them. That way, we have reserve funds or savings, and also investments that can give us profits every month or year.

If measured by the benefits of saving, you have done something that can make things easier for you in the future, by saving you will also be free from debt, but it needs to be underlined, saving will not make you rich. Managing finances is very important in order to achieve financial success in the future. There are two ways you can achieve better financial goals, you can choose between saving or investing.
Instead of setting aside some of your money for savings, I prefer investing because it has the potential to provide higher returns. Investment is also a way to protect wealth assets so that their value is not eroded by inflation.

I agree that emergency fund is important, and everyone should aware of that, but only relying on saving is not a good thing too. Our money will be eroded by inflation, so we might have the same amount of money that we have today for tomorrow, but the value will not. So, other than saving for emergency fund, put some money in investment like crypto or stock is also a good idea. Tho we would still need to have emergency fund in case we need quick cash.

I prefer you say invest in a value asset cause this is the best way to store wealth, investing and saving should work together but you should determine the choice you want like where will you like to store your wealth or rather save your money, you can take time to carefully observe the asset that might likely gain value within 2_3 years and invest. Saving your money in the bank sounds outdated in my opinion cause it has no value attached, a lot of individual choosing fiat is just a matter of ignorance and if going for an asset or investment you'll definitely have the mindset of earning extra profit as time goes on. Don't just save your money because others are saving too, save with the right motive and make right decision when saving.

I prefer to save a small percentage and much prefer to invest in assets that maintain value. Saving is not productive because money cannot produce income and instead money can depreciate over time. Even so, savings are very important because when we suddenly need them there is no need to sell the assets we have. Spending on something that is much more important and not prioritizing spending money on needs that are not urgent because this is the only way that can be done.

If we only rely on savings, it is not certain that we will be able to save ourselves in the long term amidst increasingly bad economic conditions because the price of goods continues to rise while money always depreciates. It is better to place money that is much more productive by buying several assets that have the power to maintain value. At least this can provide benefits in the future and we can take advantage of the investments we make.

If we have several types of investments that we make, of course this will be very good for our future, because this will make it easier for us to meet our needs in the future and if we don't have investments for the future, of course this will be very makes things difficult for us and we have to try our best to be able to meet the needs needed in the future.
So it would be very good to save and use the income we have well so that we can invest for our future.