Topic: Save while young better than wait - page 8. (Read 3290 times)

Needs that must be met in old age are not small. Therefore, choosing savings in old age is expected to avoid a sense of concern for many expenses when in the future. Savings for the future or for old age are also useful so that you do not need to depend on anyone, for example to children or other family members. When you need one day, you only need to use the funds that have been prepared beforehand. Therefore, trying to invest at a young age, because the most common benefits of investment can increase the value of assets and wealth. With the funds you have today, your funds can develop into more later. This increased asset will certainly develop your wealth without the need to rely on each monthly or salary. If it has entered the old age, when the productive age has passed, surely the income will be reduced. With investment, you can prepare for a bright future and old age. If you have planned an investment from now on, you have enough funds to use and enjoy in old age. Don't worry, there's still time to learn about investment. As a prefix you can understand some terms about investment. Come on, what are you waiting for. Try investing at a young age for our future survival or in old age.

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.

At a young age of course there are those who say it is a fiery period, therefore there is nothing wrong with having fun too but don't have too much fun too because there is a future that must be thought of with a young age because I occasionally hear parents who say "while you are still young work hard so you don't regret it like me" this I occasionally hear it with these words as if slapping me where I am indeed required to work hard at a young age so as not to experience a bleak future.

It is true that there is no quick way to get rich, although there are some people who believe they can get rich quickly and believe in things that can make them fast it is impossible, because we know that to achieve success, of course, there must be a struggle and process, therefore we must work hard in order to achieve wealth. I agree with you, respecting time and money well is a must, because many young people tend not to be able to appreciate these two things because they tend to only think about temporary pleasures.

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.

but for some people it is difficult to do in developing countries the difficulty of employment means that young people may have to support their parents and families, so their opportunities to save are very small.
they work a month and the money is only enough to support their living, there is nothing left to save/invest.

That's probably a miserable life if you didn't even save up for retirement and you're not well-off when you're not fit to work for money, you're going to need a lot of money even more because you want to make sure that you're getting all the assistance you're going to need because your movements are the one that's going to be affected the most. I don't totally agree with the advise though, if you wait to have fun or enjoy your money when you're old and have a really low energy then that's not how you'll want to live, all work no play kind of lifestyle is the kind of lifestyle that will definitely make you kiss the barrel of a gun alone at your living room.

Look paxmao: a friend of mine recently told me that "I will die rich", simply because I don't like wasting my money the way he does (in fact, although our wealth is similar, he tends to try cheating on me so I pay for his whims, and as I don't have these vices and don't fall into his childish traps, he gets frustrated).

I'm aware that we only live once and youth won't last, so we must enjoy our time doing things we like. But I'm also aware that one must be sensible and save for the future, which is uncertain by definition. Just in case plan BTC doesn't work the way we all want, we should start saving for the future.

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.

it's true that while we are young, use our time as best as possible and make as much money as possible because what will help us in the future is ourselves creating wealth from now so that we can enjoy our wealth in the future. There is no such thing as getting rich quickly, don't be lazy so that when we are old we are not poor and don't waste money, start investing now and respect things called time and money

Save while young better than wait,should be in every body's agenda everyday,most time we work ourself out too much and live by the day, forgetting to save more.cause when you are young you have all the energy times two to use off.is better to work hard and save while young than wait.let take a good look at this examples, footballs, boxers they work so hard at there young age and the retire early at the age of 40 and enjoy there retirement what a perfect age to retire.

It is very true that we have to prepare everything, including financial matters, since we are still young. Because if we don't prepare from a young age then I'm sure we will regret it when we are old.

Apart from finances, we also have to maintain our health by adopting a healthy lifestyle from a young age. I see many young people working too hard to get good financial results. But he neglected his health. For example, he lacks sleep or rest time. Because even though we have succeeded in building good finances since we were young for our old age, it will not bring happiness if we cannot maintain our health.

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. :)

Easy to say but when you are on such situation then it would really be just that hard to be done by someone on which they are still into those times that they arent minding about priorities and other future correlated stuffs
on which we do know that we are still heavily relying with our parents or guardians when it comes to money aspect on which it isnt really shocking that there would really be those kind of approach.
On the time that we do make out those kind of personal realizations then this is where you would really be considering yourself on taking up some individual action on which it is really that pertaining or in connection
with the future that you are trying out to make.

Savings while you are young could really be that having those benefits on the time that things you would really be needing to adjust up and if you do have plans on making investment or
business then you could be able to do so since you do already have the money on doing so.This is why it would be best that you should really be having
those advance plan of course.

When we are young, it would be very good if we could invest for the future, because if we don't invest then we will spend all the income we have on things that are not necessary and we will use it for momentary pleasure and we will never regret it before we are old and when we are new masters we regret it because we didn't invest first when we were young.

Yes, it would be better for us to save for ourselves and never spend the money we have on things we don't really need. This will make us unable to have savings and always manage the income we have so that we don't spend it on desires that are in vain.

divide the portion between investing and daily living needs, you can't just think about the future and neglect the present, it's not too luxurious to live with what you can, invest and then let time pass, without realizing it, your investment will be felt.

Everyone has experienced youth. And everyone has also been taught to save and invest. But very few people can do it. It seems this is a natural law that will apply throughout time. I'm sure everyone who has lost their youth wants to turn back time to their youth and make a lot of investments. But young people who are still in their youth will certainly not be able to experience what older people experience. Because of this, young people will spend their money to have fun. They think about enjoying their youth because it can never be repeated. In fact, if young people are willing to invest, of course they can become someone successful in the future. Because currently I think inflation is running very fast. The value of money will continue to decrease due to inflation. And one way to maintain the value of your money is to invest in assets such as shares, crypto, gold and property.

Many of us don't get early orientation about money and that's why some of us are stuck in the wilderness of average life. If I have known how financial freedom is, I would have start saving when I was spending recklessly on things I don't even need. There were days I was having more than I need, more than I am supposed to buy but it were splash on worldy things but as they say, better to be late than not trying anything at all, I have small investment that I don't plan to touch now and I pray I don't encounter any problem that will make me sell.

Another thing to also consider right now even if you are saving and investing, we should also consider limiting the way we spent. There is nothing that kills saving like extravagant life, it will drain your savings and also when you live above your means, it's alway difficult to save. Today, you have reach your targets but because we want to impress people and have respect from them, we spend the savings later which is a very bad behavior and indiscipline of management.

I wouldn't say it is the same thing, because the world had less people and a lot more to build, that meant even the simplest jobs got paid well enough to live back in those days. My grandparents lived through the second world war and life wasn't easy then, however that doesn't mean that it became easier when they returned back, in 50's there were fewer people due to war, and there were so many things destroyed so they needed rebuilding, so everyone kept on hiring everyone and since the job pool was so limited, everyone got paid well, if not then they would quit and go to any other job, since it was easy to find a job.

This caused even the simplest most basic unqualified jobs to get paid enough to buy a house and that's just not possible right now. Even the most educated people in the world having hard time now.

I couldn't agree more.

Don't abuse the saying "you only live once", because that will leave you with nothing, and your friends won't even bother asking you if you're okay when you have no money. Keep saving for yourself, don't waste your money too must for your pleasure, and to please your friends or coworkers. Always invest your money, don't buy too much of your wants.

One question for you, have you done that (saving) correctly in your life? If you haven't done what you said, I think that's no different from empty talk. Because saving is not only limited to money if the dedication is for the future, moreover the value of things in life is not always the same so no matter how much money is saved it will still feel small when someone has to use more money. For example, when you are 18 years old and try to save in any way, the money you save will not feel like much when you are 60 years old because of the influence of the price of goods which always increases every year.

I agree more with the investment stage although I also wouldn't consider it wrong to save a person through fiat currency in life. Because this money can also be used as initial capital for investment and it is still quite possible to solve complicated things with money, but what needs to be understood here is that savings is not just about money. But also about other things such as gold and Bitcoin assets which are currently getting better so that people don't focus their minds on saving money even though they still have to work every day to earn money so they can get Bitcoin and gold as future assets that are better than just money