Topic: Save while young better than wait - page 13. (Read 3315 times)

According to one article I read , it say the time is money and our lives is somehow merged with money indecence that the way we spend our money is the way we use our time. We hustle with time to make money and if that money is not spent meaningfully, it mean you have just waisted that time you worked for it. The more you waste money money you waste your time and effort and loosing your life gradually with your mistakes. One single mistake with the misuse of time can make you poor forever in your life.

So whenever you use your time very well you stand a chance to make your world a better place and you will be respected for that.
Successful people are respected always. The respect they get from people is do to how they where able to make  use of there Time very well. The question is now what are you doing with your time? Because what you do with time determine who you are and what you can do. Because when you use your time well, you can promise and redeem your promise because you know what you are doing.

also to grow wealth we need to tread carefully though we could be saving all our life and make our money gone in a matter of second just because we are too greedy trying to grow wealth, remember even growing wealth is not as easy as said by many people, but as long as it is healthy investment and always make decision based on logic i think it wil eventually get us to financial independence when we are old enough.
I also agree fully with being too comfortable with job that just pays enough to make ends meet, that just means we are in danger zone because to be frank, fluctuation eats up our wealth, our purchasing power gonna be decreasing by just few years because im pretty dang sure the employer aren't gonna raise the salary rate based on inflation.
if our job is just enough, find side hustle, find something that could boost up our career, find something that can make us save some money and still have enough money left and then we can start investing.

Yes, exactly. Many people who procrastinate think more about momentary pleasure than finances in old age. That's why the younger generation needs to dream. Because when we think about dreams, they turn into plans. When we say a plan, it will change shape again into a commitment. When we carry out our commitment, it will change shape again and become a reality.

So while you're still young, don't waste your age having fun, make the best use of your money by investing for the future, such as Bitcoin, property and gold. This is a long-term investment, the younger generation must be aware of all this so that we can achieve financial freedom in old age. If you plan to be successful in Life, you have to think it, believe it, and make your beliefs work for you.

Committing wrong decisions in life is normal on which we cant really be perfect on anytime we do make out some decisions specially if you are someone who is really that trying out to
deal up with multiple things like investment and other stuffs which it would really be something that pertains or giving out that kind of chance on making yourself that successful.
We cant really be able to hit that bulls eye on first try and this is why it would really be that best that you should really know on how to adjust accordingly into such situations.
Savings? Of course it would really be that relevant and later on you should be mindful about on making investment as well.

All of us do really wants or wishes to have that kind of financial freedom on which we do know that we could do everything if we are really that financially capable.
There are really things on which it cant be obtained if you dont really be doing such hard work.

Investing wisely is the key to retiring earlier. Nowadays, the young generation is much more into technological advancement, and the same has given them the path to explore as well as handle things in a better way than in the past, when people required more time to manage things. This way, we've got more time to analyze, and now it is our duty to find the right one and invest. On some occasions, here also the luckiest survive, unlike the research we do. We need some sort of coincidence in the prediction that keeps us positive and makes our minds want to invest more and more.

From personal experience, I've come to realize that starting to invest in oneself and one's financial future should happen sooner rather than later. The difference between those who make this decision today and those who procrastinate becomes significant over time. I recommend all young people seriously consider their finances, start investing, and build financial stability for a brighter future.

In view of this writing, I want to give everyone a different background.l see two classes of people wherever I live.
First, I have seen a class of people who have worked hard in their youth for the bright future of their families. So he invests or saves money without spending it unnecessarily. As a result, they have problems with their youth. However, they forget that once the time is gone, it does not return.

Second, the thoughts of other classes of people are completely different. They invest in their children at an old age, thinking that their children will take care of them. So their youth is ignorant, but when they understand, it is too late. He could not get the power of youth, even if he wanted. In many cases, children give up their old age after they prove wrong. Oh sorry.
In the end, both of their youth and old age were lost in this thought.

My point is, why do they think so?
If we are adolescents or young, we see what we eat, wear, or do for ourselves. When we grow up, we can do nothing. Many problems face. Again, I may not be healthy.
On the other hand, is there a guarantee that my kids will not take care of their kids the way my child has hurt their future?

We need to decorate the present (adolescence or youth) in such a way that old age is not very low.

With the inflation, the 100 dollar bill, does actually look like it was 10 dollars only . The OP only think about the positive result or if we invest it the said amount. But, what if not? The increasing inflation will again eat most of its value. That should be the real meaning of playing safe OP. To not invest.

I agree about teaching the young ones to save and invest as early as possible. This is what many of us adults regretted. It's either our parents didn't teach us about it, or they do but we don't take it seriously. Now, we don't want the same mistake to happen to our kids or to the other young people. They will surely thank us for this one day, once they follow it strictly.

All the investment opportunities are not useless because you will have experience that bitcoin, gold, property and many more are there which can give you good sum of money but if they are handle well. People will be afraid of one field so they can easily choose another one which will give them profit but if they afraid from all the field then their money will go to decrease in value without gaining any value.

If someone is afraid of bitcoin and altcoins due to its volatility then buying and selling of land can provide them good profit but if someone is experience in such thing. Your fear will be automatically reduces if you have experience because experience and knowledge make a man bold.

What's more appropriate is to build your own Business to grow sustainable wealth, so you will have a definite income.
Increasing investment will also provide a good opportunity for the future, but see what investments are chosen.

Make sure to choose a good and recommended type of investment, Investment in Gold, Land and Buildings or property and also in Bitcoin which will grow wealth faster with rapid price fluctuations.

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In old age, it is time to retire and leave all kinds of heavy and stressful work.
To be able to retire safely and comfortably, it is necessary to build a business that will guarantee our old age.

One of them is with a lot of investment made.
We see in 10–20 years, if we hold Bitcoin or a property that will provide a large enough return of course,
it will probably be enough to guarantee our old age life later.

But of course it is not easy to build all that, it takes good management and good income also at this time.

Blowing off steam when you're young is awesome, but picturing yourself as a broke grandpa ain't cool. So, stash some cash away, even if it's just a little bit. Think of it like building a future fort of financial security, ready to weather any storm. Start small, like saving spare change or using those fancy budgeting apps that make it automatic. Remember, every penny counts, and thanks to compound interest, that little seed you plant now will grow into a giant money tree later.

But don't forget to invest in yourself too! Learning new skills, taking care of your health, and building strong relationships are all ways to secure a bright future. Plus, who knows, maybe that cool coding class you take lands you a job that lets you retire early and live on that beach with all the piña coladas you can handle! Life throws curveballs, so having an emergency fund is like having a superhero cape for your finances. Unexpected expenses won't leave you scrambling, and you can focus on the important stuff, like conquering that epic video game or nailing that karaoke performance.

I fully agree with you, the earlier we start saving the higher will be our portfolio in the end. Both saving and investing is linked to time, the longer the period of time the return is going to be. Another important concept is to reinvest any interest, dividends or other profits we make in the meantime. This will help a lot to let our initial principal grow much faster over time. It's always nice to spend money and treat ourselves, but we need to realize that many times it's just unnecessary consumption of things we don't really need. Thinking in term of opportunity costs, which would be saving or  investing that money in crypto currencies, helped me a lot to cut back on my spending. So, better to be older and rich than young and having many things.

Sometimes the problem is that someone is always wrong in making decisions, this is because they cannot distinguish between what is called a need and what is called a desire, I am sure if you only allocate money to something that you really need such as the necessities of life then at least there must be some money left over to then be saved for the benefit of yourself in the future, As you said that we cannot resist inflation because over time it must occur which makes the price of goods increase, and on the other hand there are quite a lot of benefits from saving money, one of which can make your life easier in terms of finance, for example when you have got a decent amount of savings then you can use that money to build a small business - small like opening a shop or whatever, the point is this can create a new place of income for you outside of the main income from your job.

On the other hand you are right that as time goes by our responsibilities will also increase, as in general there will be a time for us to start a new life with a new family, you have a big responsibility when you enter that situation where there is a wife and children that we have to support and that is entirely our responsibility, and with the savings that we have done during our youth, this will really be useful to help pay for the needs of life when we are really in a situation full of responsibility.

From an early age, that is the most important thing we should understand. Regardless of the circumstances, we must save or invest money as we cannot predict how long our income will last. However, some people find it difficult to save or invest since conditions are not comparable. We must understand that time waits for no one. I think some people are still regretting, they failed to save in their young age. They believed that was how things will always remain. Spending money when we're young only to show up nice and do what we want with our money isn't good for us. While some people find it difficult to save money, we should at least figure out how to invest for those who struggle to save money in their bank accounts.


Coming from a poor background is not anyone's fault; nevertheless, some people are making a lot of effort not to remain in the same background, but nothing change. If we continue to live in poor background, it will definitely be our fault because what will we tell our children when the time comes that we put in a lot of effort but nothing seems to be working out? There won't be anything we can do about it when we become old, we truly need to take our responsibility to make it right while we're still young.

I agree with your point of view on saving. When you start earning, you want to spend all your money on useless stuff and show off. This will hurt you in the future because you are not saving anything, and the cost of things i.e. property, gold, silver, Bitcoin, etc., is continuously increasing. If you are not saving now, you can not afford any of these things in the future.
With growing age comes greater responsibilities because you have started your family and now have kids, and you have to spend a handsome sum of money on your family. Build your wealth when you have limited expenses, and try to increase your investments every year if you want to survive the upcoming global inflation.

seriously! When you look at an old person that is struggling financially you tend to wonder what he did with his youthful age that resulted in his current situation at the moment.

The mistake most people make is that they use their youthful age all out and spend all their earnings on frivolous stuff forgetting that a time would come when their strengths will become weak and what they will need to depend on will be more of their investment.

While one is still young, it's necessary to invest in business that will feed you in the future, invest in people and set up real financial structure that will back you up when your strength will fail you. Old age is a certainty for everyone and it's just unwise to make your plan without putting that in consideration.

The role of parents is actually quite big here, but when someone is an adult they can determine what is good and bad in life.
Managing finances in life is something that determines our future, so it is quite important to be able to learn how to manage finances.

In our youth we will be faced with difficult choices and the influence of the environment is quite large so that there are many temptations that prevent us from starting savings. This is a big challenge for young people who have to put aside their current lifestyle to save and that cannot be done by themselves. everyone.
As for the benefits in the future, almost everyone knows about it, but not everyone can do it, it all comes down to each individual.

If you do not use your time and money well then you will only be left with stories to tell a musician in my country once said that, you will continue to explain and the only thing that can help save you from explaining is the evidence which is having money nobody will believe that you have tried. and things have changed and life now is just becoming more and more difficult because nobody is escaping inflation. everyone should be able to control how they spend. don't buy what you don't need. and instead of storing that money up I would rather suggest the money should be invested it will be better that way.

and the good thing about funds is that everyone needs funds both the young and the old, I won't say people feel too lazy to work because even getting a job now is hard and even after securing a job the pay does not meet up with your expenses. and if you want to argue then you can check the number of unemployed out there they are increasing every blessed day and the only people enjoying the pay role are does into tech and politicians in my country are cashing out big time.

and the government is already losing control over a lot of things, and looks like they trying to solve a particular problem and another one is coming out of nowhere so is just as if the situation now is that everybody needs to start thinking about how to help them self. I always have concern for does that are already married.

Definitely,
If you want to create and own wealth,you need to work harder and better.
" A saying goes a stitch in time saves nine."when you make savings earlier,you will go a long way to achieving a lot for oneself and it broadens your horizons.

Most aged men,had all of this thought in mind to make it at a younger age but they tend to be callous with their dealings with money and at the end they end up being poor,cause they didn't plan their life a youthful stage.

at the end of the day it comes down to money management and health management, because lets be frank here, so many people become diabetic at 40 years old already so I think that statement enjoy life while still young isn't really wrong either, it can be good if we can manage all the things and live a healthy life.
enjoying life for now is okay but remember that we have futures, so not excessively overspending on some of the most useless thing is one way.
saving also okay as long as we don't push it too much that it could affect our health, overall its always balancing life that do the most good.
though if we truly want the best of both worlds, try getting good career, high income, then we can start building life balances.
i've always seen rich people living a good life if they conscious enough.