Saving is something that is very necessary for future needs. I myself have been doing it for several years and until now. As much as possible, I not only save but also invest. I usually set aside 10% of my salary to invest in Bitcoin so that at retirement age I don't run out of money. The money will continue to flow even if I don't work because I already have savings and income from investments.
That's right, indeed for a good future of course saving is one of the things that must be considered, of course saving is something that must be done, even I think most parents will definitely educate their children to save. Preparing for the future depends on ourselves, if indeed we can do good things then the future can be good. Because I also think saving helps us when we are in an urgent situation, such as illness or disaster, of course when we are in that position there will be costs that may be a lot to be incurred and that can be handled with the money saved.
It is true that investment is good, especially if we can understand investment well in terms of knowledge. With you doing that setting aside 10% of the salary you get is good, because you can do both and of course that's good, I think you have more than enough income so you can do both. But is it done consistently?
Saving at the same time you would really be making some investments as well because we do know that cash or fiat is something that been affected with inflation on which year by year which your purchasing power would really be that be mainly affected. On the moment that you do keep on saving up and doesnt have any other established business or investment then you would be having a hard time on trying out to sustain at least. Well, it would really be just that depending on someones preference and thinking on how they would really be handling up themselves in speaking about future things or goals and point of view.
Some people doesnt really that think about on saving on the moment that they are on a good condition or on the moment that they do know that they are making money or earning sufficient.
This is why on the moment that they would be experiencing some hardship when it comes to finances then this is the moment that they would really be considering on saving up but well its already late
but still not that very too late.