Topic: Save while young better than wait - page 10. (Read 3315 times)

Saving from a young age is a good thing if you learn to save at a young age, you can do a lot of good things in the future. But if the government of every country takes such an initiative, no one will have to suffer in their old age.  He does not have to depend on the money that he will have saved throughout his life, he will be able to live a happy and peaceful life in his old age.

Op this your advice is in line with one popular saying pay and and play later very good advice with deep sense if motivation.the analysis here depicted allot of inability to come into conclusion of knowing that investing early is the bed rock of better living when the call if aging is coming into play in once life. The worst that happen to any one is when you eat you future at early age due to lack of investment and suffer at old age is very painful, that is not a good story to tell, this your write up is restructuring me now to have better bold steps in area where I see some slack, because a stitch in time says now.

You really speak my mind anything bank Saving mostly our nation here is waste of time and resources, because no value will be added instead you will be at the lossing side due to many charges devaluation and others taking place every day, once you fail to invest it you come up lossing every because the value will keep depreciating.

From my understanding, saving while young is an important investment for a stable and prosperous future. By starting the habit of saving as early as possible, individuals can utilise more time for growth and accumulation of funds. In addition, saving at a young age makes it possible to capitalise on the benefits of compound interest and long-term investments, thereby significantly increasing wealth potential. Recognising the importance of time in wealth growth, saving while young provides a strong competitive advantage in achieving long-term financial goals and provides peace of mind for the future.

precisely not saving. because if you only save the assets you have will erode the value of its purchasing power due to inflation. the best is not in savings but youre capital money use investment.
But you have to learn about investing so that the value of your money continues to increase and grow, instead of losing money.

Every choice you make in life is a trade-off. You lose all of the shots you don't take, but still, here we are, thinking about what might have been. Being young or old is irrelevant; what matters is making the most of what you currently have. The true thief of opportunity is this attitude of impossible

Take a look around you; those who dare to question the established quo are what the world is made of. There's always time to get started. Consider it your healthy self-bet, the one investment in which the odds are entirely in your favor. Allow the possibility of being just in time to not be obscured by your fear of being too late. Recall that the most successful people aren't the ones who never have regrets; rather, they're the ones who take what they've learned and run with it

Regrets do always come at the end on which it would really be that making you think that you should have done it earlier or when you are young, not on the time that you do already gets old on which you had just wasted up a long time for you to come up with those realizations on which we know that this is something that most people are really that minding on. Missed moments or opportunities cant really be taken back
but doesnt mean that we wont really be able to make up some actions on the present. As long we are really that still able to make out such move then there's no such thing about being late.
You wont really be having that progressive life if you wont really be that making yourself on doing such act.

We do know that not all would really be given out that kind of condition in speaking about success but somehow you wont really be able to learn up those things or know
if you wont be trying it out. Some are really just that too lazy on doing such act because they've been thinking that it is really just that impossible.

Before you start leaving a fancy life when you are young, you should just invest the money you will be using to purchase all those fancy thing’s which you will be buying, their are something which you don’t need at a young age, instead of buying all those things, it’s better to think about the future, just invest the money, or start a business with the money, which will serve as alternative source of income, and we should know that no amount is too low when making investments. If you are not reach at your young age, then make sure you don’t die poor, that’s how things are suppose to be. Just imagine you are old, you can’t really work for yourself and you are still poor, that’s really a bad one.

If you are having a good job, make sure you invest, and don’t even depend on one source of income for survival, it’s not really making sense, what if anything happens to your source of income, when how will you be able to survive, but if you have multiple source, then if one closes, then others will be available.

At my age I realize that I should have thought about saving much earlier. If I had started saving at a young age, my life would have been a lot easier. Now in my opinion every person should learn to save or invest from childhood to survive against poverty in old age. To eradicate the poverty of the people of every country of the world, every government should make the people of their country interested in investing and saving along with education from childhood.

Yeah I'm starting to save and invest in something like real estate, cryptocurrency, gold, etc. Most of my money I put to investment and only have a few in savings for an emergency fund so my investment won't get disturbed it's sad a lot of young people waste their money on party, lifestyle, car, etc. although it's their parent's money not theirs. If we have kids in the future we should encourage our kids to learn how to save and invest because it will someday change their life.

That's right, that's exactly right, I understand that money cannot always guarantee happiness, but it has become a fact that everything requires money because money is the only medium of exchange that has value, the benefits and use of which are to be able to fulfill our needs so that we can continue. life. And there are still many people whose lives are far from decent, including those who have now entered the elderly phase because of weak financial strength due to sources of income that are too low and cannot support their living costs, but in this case I will not blame anyone except because they were unable to maximize their hard work efforts when they were young to increase their income, which ultimately made them trapped in economic problems. And clearly this can be used as an example and lesson, which means making the most of your time because time will never be repeated again, as you suggested, if we are still young then obviously do whatever you want to do which leads to development for good or profit in the future. The future is like working as hard as possible and putting most of the money in places that can increase the amount of our money, such as investing that can benefit us in the future.

On the other hand, I really agree with you in terms of management, because this is an important thing if we are concerned about money, because of course it's useless even if we manage to get a large income but on the other hand we can't manage it, so it's clear that all the hard work we've done To make a lot of money will be in vain because without proper and correct management, it is clear that the money will probably run out in a short time and we will still be at risk of experiencing economic problems in old age because of this. So this is a choice, if you really want to have fun and enjoy old age by having good finances then like it or not we have to sacrifice our youth to work hard.

It is true that not everything can be bought with money, but in my opinion money has an important role in life, because in order to survive of course we have to meet basic needs or basic needs, and that certainly requires money to be able to fulfill it, also by adjusting ourselves is also necessary, occasionally we should have time to pamper ourselves by buying or doing something we like in other words appreciating ourselves, and in my opinion there is nothing wrong with that.

When we are young of course we have to work hard to be able to earn money and save or save it for the future everyone wants financial freedom but not everyone can do the process well, some love the process there are those who want to be rich right away the bad thing is when we are young but only think about a momentary lifestyle  even though it can be said to be self-indulgent but at least we have to think about the future too Also with good money management  because in my opinion when someone has a large income but cannot manage their money well then the chances are that the money generated is only used up in vain. right you say,  the future depends on ourselves.

Money isn't everything, but everything needs money, and money can't guarantee happiness at all, but when you don't have money, let alone be happy, even being able to smile feels quite difficult. Therefore, while you are still young, keep working hard to earn as much money as possible, and when you are old, let the money work for you. The way to do this is by investing, while to save, save according to your needs.

However, before talking further about this, it is important for us to be able to manage the finances we earn well, because without all of that, no matter how much income we earn, it will be in vain and will be nothing. and making money is more difficult than spending it.

So the conclusion is that apart from us having to try to make money, we also have to be able to manage that money well. And you have to remember that your future depends on yourself, but if your old age wants to be miserable, then please just enjoy your youth by relaxing and having fun.

Most people today look at life as if they're not going to live for a very long time. They always have that belief that they need to do things on an instant and they're not going to enjoy their lives.

While the old generation thinks of the future and even without proper education, many are educated in a manner that they have an idea on how to take care of themselves and money while they're earning good money.

And you'll become a candidate for early retirement and financial freedom.

Saving should be encouraged during our early years, but unfortunately majority still end up without savings not because one has no plan for his future, but sometimes life gives us a challenge to survive in a daily basis and saving becomes the last option. However, that does not mean that success won’t come for those who are not able to save, but if you can save as early as you can, and creates early investment plans, there will be bigger opportunities and chances to be successful early in the future.

Yes, it is true that what we have planned well will not necessarily be able to be completed according to what we want. There will always be obstacles and obstacles that we have to overcome in order to get perfect results. Even though it is very difficult, we still have to complete it for what we want. we have dreamed of.
If we cannot use the income we have well then this will be a big loss because we will not have money that we can use for investing or saving and it would be better for us to be aware of this to be able to use the money we have wisely so that we can set aside our income to save and invest for the future.

Yes, it's clear because there is always something that we cannot predict, however it is just a plan and this also confirms the statement about failure in every goal but that doesn't mean that when you fail you can't continue, the point is that the risk and possibility of failure always cannot be avoided. completely and everything comes back to each individual - if basically you are one of those people who doesn't give up easily and keeps trying then you will be able to turn failure into success, and this is also where "the process will not betray the results". But yes, nothing is as simple as that, and perhaps we have often heard that "it's easier said than done", laziness within a person is usually always something that can hinder the journey, therefore only a few people can ultimately be successful. in his career because there is something that not everyone can do and maintain. On the other hand, of course, money management is a very important thing that everyone must have because after all, life is still a long journey and therefore we often hear suggestions that if we do have more funds, it is better to save them for other purposes in the future. which is really very important. So emphasizing and maintaining the habit of saving must be done in addition to improving our skills to make more money.

I totally agree with you. Most young adults and teenagers nowadays tend to spend their money on things that can give them short-term happiness, like drinking, partying, or anything that will make them happy. They are living their best life because they are young. "You only live once" is what others said. I am not saying that it is bad, but what I am trying to say is that it is too much and can cost you in the future.

They can save some of the money they spend. But saving alone cannot guarantee them a good life when they get old or retire. They can combine saving with investing. Invest in things that they think can last longer, things that will have more value in the years to come. Or build a business that can help them increase their monthly income. If you combine these three with discipline, you'll have more when you retire.

But like I said, too much of anything is bad, so don't just focus on the grind but also keep living in the present and enjoy life. It is all about balancing your life.

I hear you but I don’t totally agree that you can work so really hard and things still don’t work out. I agree that luck counts because different people have good luck and bad luck, however, if you put in massive efforts without backing down (it’s never as easy as it sounds), things will work out. Many popular people we see today don’t have the talent they are using to make money, they forced and pushed themselves to learn it. These days people do less and claimed that they’ve put in the effort.

Sometimes what we plan doesn't always go smoothly. Because of this, we have to keep trying. However, until now I am still trying at that stage. I also keep dreaming of owning a house, car, and more now, but I think it's still quite difficult. However, I did not give up and continued to work and save, and learn about new business ventures. However, I realize that wasting money on things that are not a priority when you are young is not what you should do to build a better future. So, I thought about starting to save, and continue to improve my skills in business.

There are many opportunities in the growing world of technology for people to achieve financial freedom. As long as we have ideas and more creative behavior in seeing existing opportunities, the economy in the technological era makes it easier for people to access many things. Now many social media pay contributors to make videos and all people need to do is learn to understand making videos and that is a convenience that we cannot possibly get on the system previously.

YouTube has given financial wealth to many people and I also see that there are many young people around me who are successful on the platform and now they have developed other businesses after earning a lot of money on it. There are many opportunities for young people to develop their potential because there are so many opportunities now.