Topic: Save while young better than wait - page 7. (Read 3303 times)

Exactly, but do you know that saving money is hard?
Everyone knows that saving at young age is the best, but we all follow trend and peer pressure which is the main reason why we no longer have time for saving for the future.
Some people will say that they will rather enjoy now because they don’t have full assurance of the future so that they can enjoy all they have before death visit them.

in my opinion, there are only a few young people who can manage their finances well, including saving money. many of them are wasteful in managing their finances. especially with today in my opinion many young people are competing to be luxurious in front of many people whose goal is to be seen by many people, which is none other than the goal is to get a lot of praise, even though not all views can judge well all luxurious styles. but what is clear is that wastefulness in youth is very unfortunate.

of course, if you are married, let alone have children, we should be able to have a steady income, because the needs will increase as well as the daily needs that will increase as well. therefore when at a young age, you must have a clear job and good money management in order to prepare for the future because if not yourself, who else is it.
as much as possible should save in youth for the future such as to deal with the economy when married.

Is better to save up enough when you’re young so that when u get old you don’t need to stress yourself too much for things.

Time never sits still for us, one day passing from our life means we are missing important moments but we don't realize them at this time. If I do the work that was needed at one stage of age after 10 years, but after 10 years there will not be enough energy to do that work. The most precious period of life is youth, at this young age the direction of a person's career is determined. There is no obstacle to studying but extra curricular activities should always be done along with studies. For example, besides education, at a young age we can think about how to invest and also try to do different things according to our skills. When we do these things from the student age, our skills will develop and we can do better things in the future. If a person starts a job after 10 years and the same job if a person starts ten years ago then it goes without saying that the person who started the job ten years ago will have more skill and experience than the person who started after 10 years.

A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.

All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same  to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.

Young age are usually more careless when it comes to saving and their habits are more likely to be extravagant when they have money, this is something almost many of us feel and maybe we are also in that condition. Age maturity in making choices usually depends on mindset and upbringing because this is shaped by parents and the environment. Trying to save expenses when you are young to develop any business is a way to make the road easier and when we are ready with stable finances then life will be better. The younger generation needs to create strategies for financial development problems and this strategy is difficult for the younger generation to achieve because they may not have responsibility and are too ignorant of the things that need to be done.

After getting married and having children, the problem of saving will become more complicated because we need to spend more and if we don't start at a young age, it will be difficult for us to reach a better stage of financial freedom. Forcing yourself to start saving is not a problem because it is for the future and requires careful preparation for us to achieve what we want.

I agree, there are people who think I'm tired of working for a month, I should enjoy the results and make my life happy, but that's at first, and then those people realize that their fun will soon end and start the routine again from the beginning.

I agree with what you said, especially now that we can feel the increase in expenses in the country, it is really advisable that we should invest if we are capable to do it, but that does not mean that we should set aside about savings. It is better to have savings too so that we can have a money to spend on our needs in life. As you can see, Not everyone has their own savings and investment so it's better to find out for yourself what you can prioritize, and if you have too much money, you can do them together.

It's true what you said, if at a young age you can't save even though you already have a job, it will be difficult if you already have your own family such as a wife and children, because of course kitchen needs will also increase especially with children, expenses will increase too. Indeed there are still many people or people who spend their money on things that are not very important, so that it affects their finances. The thing that must be paid attention to is this, reducing unnecessary expenses. So it's possible to save money even with a small income. What's also important is good money management. Even if you have a large income, you can't manage your finances well, so it's possible that the income you generate could run out and end up somewhere.

It depends on the abilities of the person, some people already have a backup plan made by their parents or grandparents so they don't care too much but if you are a person who knows how hard to earn money and you already have experience and you don't want to get experience from your children you will enlighten them how ideally use to save up money. Also tips from people who have experienced this while you are younger, it's ideal to save up money so you don't have to worry too much when you get old. This thing needs to be taught in school how to manage money properly so while they are young they know what are the implications of having savings and getting financially free.

It depends on the abilities of the person, some people already have a backup plan made by their parents or grandparents so they don't care too much but if you are a person who knows how hard to earn money and you already have experience and you don't want to get experience from your children you will enlighten them how ideally use to save up money. Also tips from people who have experienced this while you are younger, it's ideal to save up money so you don't have to worry too much when you get old. This thing needs to be taught in school how to manage money properly so while they are young they know what are the implications of having savings and getting financially free.

Of a truth, just like an idiomatic expression "a stictch in time save nine" which means that it is better to make preparation earlier than to wait while it's too late. It is important to understand that at a young age is the time to start making good plans for the future because that's actually the time when we are strong, vibrant, energetic and healthy. Making earlier preparation in life saves us from embarrassment and regrets in the future because if you make good plans at a very young age it saves you the stress to be over working yourself when you are growing old and your offspring would be glad and happy that they've got a good dad who prepared and set the table earlier for them and it will also pave way for them to become successful because they've got all the necessary resources to enhance their upbringing so it is important to emulate a savings lifestyle because saving for the future is just like securing one's future for a better living when one may not have the zeal and energy to work too much again.

Also maintaining a healthy lifestyle is also very important just like a saying "health is wealth". Giving one's health adequate attention is very important because if the body isn't healthy it would be difficult to make wealth because not being healthy affects the psychological well-being of an individual because at a time when you should be thinking of positive things to do in other to have a good living, it would be spent on health related issues which tends to disrupt one's plans for the future that is why it is very important to give one's health a good attention whenever the need arises and to always go for check-up from time to time to know the state of one's health.

Look, you can be old and rich or young an poor, but being old and poor is bad shit.

A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.

All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same  to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.

After learning inflation can devalue your cash, I wouldn't really recommend saving in this untimely situation where the inflation keeps rising. Today, what a person should do is become a prepper and spend his money on what he can afford for now because he may not afford it later. And if a person can afford to invest instead, then it's a better choice than saving.

We should not follow other people in creating savings preparation schemes and as much as possible we should find ways to do it. The difficulty of getting a job is a fairly basic problem, people do not have a stable source of income and expenses, which affects the savings patterns they adopt. If at a young age we are unable to save, it will be much more difficult for us to implement it when we have a wife and children because the expenses will increase.

The small salary from work can only cover the necessities and it will be much more difficult to make a portion of savings in such conditions. The way to increase income and reduce unnecessary expenses so that people can save in an amount that suits their abilities. If you don't start now, the expenses will increase day by day, making it much more difficult.

Reducing spending, investing and moonlighting are some of the best ways to do this. I haven't bought anything I don't really need for a long time. I invest in Bitcoin, I work overtime where I work. That's all I can do for now. My biggest dream is to own a farm and get away from all the cursed noise of the city. I believe I will grow old peacefully in such a place.

In the past, when ways to accumulate wealth were more limited, people overcame this problem by making more children. Children are part of wealth. A good child will take care of you in your old age.