Topic: Take care of your money and learn to save. - page 20. (Read 2856 times)

Instead of saving in your local currency, it is far preferable to invest rather than keep something that is quickly impacted by inflation; however, if the money is invested, it is more helpful since as the price rises, you profit from your investment. Because it is something you want to make money with. Bitcoin is one of the best initiatives to help in situations like this its risky but the same time if you manage your investment properly, just that every investment comes with a sacrifice, and it also involves risk because of the instability in price.

But that should not be a problem  the investor just have to have a lot of patience because the nature of market is know by everyone so investing all this will be known.

Being very smart with your money is just one side of the equation, you gotta be able to learn how to make your money work for you as well. Money is a tool, it's not a luxury that you put above all else. You have to know the best ways that work for you on how to make money even while you're sleeping. Investing, learning how to put your money on timed deposits that yield millions, insuring yourself with retirement plans that include premium stipulations, so even if you don't use them you're able to work with something cause you're getting something.

There's a lot of stuff out there that you could if you want to really make your money work, besides saving it for the rainy days of course. You just have to be very curious, be a researcher, and pulse your shit on stuff that you think would work for you and wouldn't. Once you're able to do that, success will ensue. Oh and one more thing, don't let the stress and the depression of losing it all once get to you, remember, soon as you get your first milli you already made it, all you need to do is memorize the formula and you're good to go.

I wonder those that have enough money but they don't have knowledge of spending the It they forget that not any conditions is permanent, as today is your own tomorrow might nit be your's. Everyday we born again and every day we growth and the way our earnings increasing that's how the problem will be creating, so what will stop us from spending any so much of our money at unnecessary place. But some people's will not understand now till after where their earnings money has definitely stop and start live in the hard situations is during that time they will know that lack of financial is big problems.

Morever, they said that we used money to make money but various of people's don't comprehend that the money we have earned today and invest it onto another business they will be the one to defend our features tomorrow so is good for us to be cautious and take corrections from our mistake, so that in features you won't faces any hard situations.

Save to invest as they say and I agree with that. Though savings is needed for some purpose that you don't see happen any time soon, and learning how to be wise with our money through saving is a good skill and it's a must have.

We need it to survive and there are people that are dying to have it. And if we're in a state and good condition and we're blessed to earn it, that's why we need to spend or save or invest it wisely.

With everything that's rising nowadays, it's true that we need to be good at managing it. Not just a spender, a saver but also be an investor.

It is true, finances must be managed in such a way. Because if not, all planning related to money will definitely not be well organized. Especially if you are married, you definitely have to be smarter in managing your finances. Such as having emergency money, savings, health money, food money, and for other needs. Apart from that, investing is also a very good thing to do. But with the condition that you don't force it. Because if you force yourself to invest, for example using emergency money, you could say that this is not good. So basically, invest only if you have money left over (cold money).

And in my opinion, don't care too much about what people say. Because the most important thing is that we don't harm anyone. Because other people won't feel what we feel, so basically it's better to just ignore people like that. Because being stingy doesn't mean it's a bad trait. But stingy has a very complex meaning.

I do not mean to sound rude but I really can't seem to visualize how the two concepts tallies, I mean what I said earlier and what you e just said now.
You're obviously talking about a man who did good to a farmer and in turn the farmer rescues him from his adopters, which is quite an interesting story, but when I say wealth isn't about money alone but also about people U know, I'm talking about connection and influence. If one has money without influence and power then you're not really wealthy, you only have a huge bank account, and money cannot always fix every problem for you, sometimes you need influence and connection to fix certain problems.

Although your story would've emphasize on the concept that one's money cannot always save them, if the man's adopters were assassins and not kidnappers as you aforementioned, because if they're actual kidnappwrs rhen the man could pay them the requested ransom and regain his freedom.

I think people should see me as a bad person just because I refuse to spend my money on them. Not everyone will think you are a bad person, some will no longer talk to you or be close to you because you do not spend your money as they think. We've lost a lot of friends because they think their friends' money is theirs. If they have an issue to solve, they will believe that their wealthy friend can fix it. If someone starts making money, I believe they should limit how much they walk around since the more you walk, the more you spend.

We should not allow anything to bother us, our family problems should always be a main priority since we never know what tomorrow will bring. If you are broke not all your friends will support you, even if you used to spend on them. It's difficult to save when you come from a place where items are very cost. Being stingy is good if it stops us from overspending. He was once a giver, but now a needy should not be our position.

If someone uses their money on things they don't really need, of course this is very wasteful and the impact of their habit will be very difficult to save and even to be able to invest. It is true that if we save the money we have, of course It's very unfortunate that when inflation occurs, the savings we have don't decrease, but the value of the money we save will certainly be different when we save the money we have. By saving for emergency needs, of course this will not be a problem for us when we need these funds, because without these funds it will certainly be difficult when you need them, by investing we will of course be able to prepare our future better so that we will be able to achieve what we want in the future, but we must really understand well the investments we make because If we invest wrongly, of course we will lose the money we have in the investment we make.

Good basic thinking basically we should not spend money carelessly, we need to detect the needs that may come into our lives in the future, actually in life there will definitely come problems and many of the problems need money to solve them, therefore it is important to set aside our money to save, as an emergency fund or whatever it is, in fact when we have money every problem that comes can be easily solved or not worry about money problems when problems come into our lives.

But on the other hand, besides saving, we need to look at the gap between needs and income, if our income is not sufficient, the solution is not only to save or invest but how to increase income to cover needs so that we can have money for emergency funds and invest.

I could actually give two f@$%ks about those people, who only wants to be with me, because I have some money.

Good friends and family do not care about your money, they care about you. Good friends like that are actually more precious than money, so you should invest in friends like that.  

I'm surprised a lot of users here understand what OP said in the first post. I struggle to read it and get it into my head.

Anyway, having your priorities straight where you have to save something for yourself and your family. Earn as much as possible because no one will do it for you and don't let anyone take advantage of you. Iff you can start a business where you still can maintain your job, I think this is your best opportunity.

        -    If you are in the field of cryptocurrency then you can save money here by spreading dca or accumulating cryptocurrency that is top listed in the market. This is the future savings that most communities do in the crypto business.

Actually I am also among those who make dca tools for crypto savings in the future. And this method is effective, as long as you make sure that the crypto token you will hold is correct and has potential in this matter, so that the time you spend waiting will not be wasted.

Suppose you have money irrespective of whether you are spending it on others or just keeping it for only yourselves. In that case, people will respect you cause financial success is what is considered as someone being successful and one who is considered will be respected. People may get their money in different ways such as inheritance or building a company from scratch or saving it for years in many different ways.

If you just become ignorant and lose your mind when you have money then life will be miserable when you are in need of it, so considering future, it is important to have different form of savings such as emergency funds which should be used when your constant source of income stopped for whatever reasons, then the savings for future/retirement and then insurance probably health insurance as primary so that you won't be spending your life savings on hospital bills.

All you said have been ring in the heads of many but to put it to work is the problem and I'd say for someone to stop spending carelessly he or she need to cut off friends who only come close whenever you have more to spend on things that doesn't matter. I agree, money is everything and we need money to do things but when you have too much of money it controls you and some times it causes hate among friends who share positive ideas.
Investment is good but invest wisely to avoid going bankrupt in life and it affect the family, scammers love it when they trick an individual to invest only on what they'll benefit from, they can use that means to make you trust and become friends with them. Before getting yourself in any investment (like Bitcoin) seek for advice from good head that knows more about it, don't use because you had to make more money to fall into the wrong hands.

Take care of your money and learn to save. It actually great but would be more great if you can do take care of your money and learn to invest haha

Money is the key in this world it really is and we need ton of it just for live every day. Money management also needed in our daily life and control how the money flow is our responsibility. So take care and do Investment is needed in my opinion

Everything that is excessive is not good, like we are lavish and waste money without knowing where to go, it is better to save to be able to save so that our life in the future does not wander without knowing which direction, because today's world depends on whether we have more or less money. what we have, money is not everything, but everything needs money, that is the principle we have to instill at this time, if we really have a lot of money from our income then use the money well so that it is not misused resulting in us becoming poor.

Investment is the best way for us to save rather than wasting money in vain, indeed when we have a lot of money many friends want to be close to us, when we fall poor, not necessarily they still want to be friends with us and want to be friends with us, that's what Today's world is very cruel for those of us who don't have a lot of money, by managing our finances in a better way our lives will be better organized, learn to invest and then start investing little by little so that our money is more secure and not wasted.

When you have money I mean enough money your friends increase without you knowing (that's if you're the party type) so you need more money to make things happen to keep that friendship going. Before you start up a life of spending lavishly don't forget of having where more money would come from, that's why one need a better investment to stay on top not only that but you need to think I'm a productive way to keep the money pumping.
In some countries where things are hard and prices of goods have doubled times 3 of the old price, you think of how to spend less and save more and also cutting off the way you spend as of then to make a good meaning of your hustle. Is best to be stingy and you have what to feed yourself and your family than giving out money without thinking about tomorrow to be begging along the street with a hungry stomach.

Well, financial management is the key to this. I may now be inclined to choose investments over others. Until now, I still don't care what other people think. As long as I invest, and try to increase the finances I have, then it's not a problem. However, I also agree that we should focus on investing and saving the money we have now, because in the future, no matter how close you are to other people, that person will have limits in helping you when you really don't have money. So, I also suggest focusing on investing and saving.

I think the right words for the argument you wrote are like this. “If you have a lot of money, you will definitely have a lot of friends. If you don’t have money, your friends will definitely disappear.” Incidents like this happen a lot in our environment today. Maybe because the cycle of life is now increasingly changing. But you need to know, there are still many people who are willing to be our friends, whatever our economic status. Try looking, you'll definitely find it. Maybe you've been hanging out with the wrong people. So the impact you experience is like this.

I think saving is less efficient nowadays. Especially if you intend to save just in case a financial crisis occurs. Because when a financial crisis comes, sometimes inflation will be higher, and of course the value of money will fall. So it's better to just invest. Because by investing we definitely have the possibility that the amount or value of our money will increase.

Apart from that, being a stingy person is not completely wrong. Especially if our condition is not good. But believe me friend, when we generous (with money), the money will come to us more quickly and smoothly. Because as long as I have lived on this earth, I have never heard of a generous person falling into poverty. However, the philanthropist I am talking about here is of course a philanthropist who has calculations.

spending money is basically on the way you generate the money,  because theirs no amount money and good you will do for people that will not make them to castigate you, so from my understanding it's clear that investing in Bitcoin is good and better than given out your money to people you think that will label you as a good person, human being is unpredictable and they will blame you when things is hard for you whereas they are the people who enjoys your money