I think the most important thing to make life better and easier is to keep saving money, unfortunately many people are preoccupied with income so it's easy to spend money without thinking that saving is to maintain financial security, even though the interest offer is very low at the moment but by saving money we can easier to manage money.
Well I agree with this. Because saving when we have a stable income is the most appropriate thing and must be done consistently. We must learn from the cases of the Pandemic that befell us some time ago. At that time people who do not have savings are the most suffering. because during a pandemic our activities were limited. many even take time off from work. the point is that income during a pandemic has dropped dramatically. but for those who have savings such as an emergency fund, even when a pandemic comes they can remain calm because they have prepared well. But if for the longer term then investment is much better than saving. 
Topic: Try to save money while you still can, will you ? - page 8. (Read 2632 times)
What happened to your friend is a result of inflation in your country. You have a good heart to help your friend as you can. That is the right thing to do save some money while you can because we may never know what the future will bring. The job the we have right now is not permanent so therefore save while we still can. It is hard if the source of income that we have will be cut off, it will really affect our family's daily needs. So as much as possible we should save or put up a business that can be beneficial for ourselves and our family. So try to save as early as now so that we will not worry even if we loose our job.
As long as there is still a job that can be done and also the job still generates enough income to make savings in life. Of course there's nothing wrong with saving because it can also help us in life or when we want to open a new business more broadly, meaning that under any circumstances everyone is required to save from the income they earn as long as they can still work.
Due to sudden difficulties, illnesses and needs, it is always difficult to reach when they will come to someone in their life, so it is highly recommended for everyone to continue saving as early as possible with the maximum amount possible. After all, very few people want to help us when facing difficult times or bad days that come unexpectedly, so only ourselves can help when the three things I mentioned come into everyone's life.
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Indeed. Your point is an excellent example of life-work balance. Saving is a beneficial habit for anyone, especially for those with a long term goal. We work to live and work for life, not vice versa. Sometimes we need to make choices over making less money/working less hours for spending more time with family or simply for yourself. Nowadays not many people can calm down and rethink about life and our most valuable time. I have always been a hard worker but known this clearly that life is larger than work.
You'll missed your child getting bigger which is true because of we keep chasing the money we forgot to have time in our family but again we do the hardwork for our family we work hard just to make their life comfortable even we keep sacrificing our time for them. Even my self if i do have a high salary right now i prefer to be with my family but the opportunity is not possible because i need to do a side hustle just to give them what they want but even i work hard it is still not enough. We really need to sacrifice things even we dont want to as we prefer struggling than they are struggling
I think it's not that simple as that. Being occupied by work all the time, making money so that your kid "won't be struggling", while he/she is growing up without you around, it's not good. You have to find a "life-work balance", as @FireDAOJackie_Z says. It's not easy to do, but it's very important to not ignore lest you end up with spoiled rich kid in the end.
Agreed. To find a life-work balance is hard but worth all efforts. The more important thing is that in the pursuit of balance, we have set a great role model to our kids. Parents are always children’s “heroes” and if we do nothing positive in life, they will be more likely to be less disciplined and live a miserable life. Nowadays kids are way easy to be spoiled and we, as parents, should both provide a good financial support, more time with kids, and draw a line not to spoil them for the sake of their healthy growth. It’s a difficult task as well but we should do it. No matter what.
Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?
What happened to your friend is a result of inflation in your country. You have a good heart to help your friend as you can. That is the right thing to do save some money while you can because we may never know what the future will bring. The job the we have right now is not permanent so therefore save while we still can. It is hard if the source of income that we have will be cut off, it will really affect our family's daily needs. So as much as possible we should save or put up a business that can be beneficial for ourselves and our family. So try to save as early as now so that we will not worry even if we loose our job.
~
Indeed. Your point is an excellent example of life-work balance. Saving is a beneficial habit for anyone, especially for those with a long term goal. We work to live and work for life, not vice versa. Sometimes we need to make choices over making less money/working less hours for spending more time with family or simply for yourself. Nowadays not many people can calm down and rethink about life and our most valuable time. I have always been a hard worker but known this clearly that life is larger than work.
You'll missed your child getting bigger which is true because of we keep chasing the money we forgot to have time in our family but again we do the hardwork for our family we work hard just to make their life comfortable even we keep sacrificing our time for them. Even my self if i do have a high salary right now i prefer to be with my family but the opportunity is not possible because i need to do a side hustle just to give them what they want but even i work hard it is still not enough. We really need to sacrifice things even we dont want to as we prefer struggling than they are struggling
I think it's not that simple as that. Being occupied by work all the time, making money so that your kid "won't be struggling", while he/she is growing up without you around, it's not good. You have to find a "life-work balance", as @FireDAOJackie_Z says. It's not easy to do, but it's very important to not ignore lest you end up with spoiled rich kid in the end.
I think the most important thing to make life better and easier is to keep saving money, unfortunately many people are preoccupied with income so it's easy to spend money without thinking that saving is to maintain financial security, even though the interest offer is very low at the moment but by saving money we can easier to manage money.
When our finances are stable and have consistent income, sometimes we really forget to take advantage of this situation to save more. Because we feel that we will continue to be safe with income that continues to flow to us. Even though this is something that is not true. because we never know what will happen in the future. so it is important for us to make preparations from the start. And especially when we are in a stable financial condition, we must use this as an opportunity to save more money and invest some of it. 
I think the most important thing to make life better and easier is to keep saving money, unfortunately many people are preoccupied with income so it's easy to spend money without thinking that saving is to maintain financial security, even though the interest offer is very low at the moment but by saving money we can easier to manage money.
saving is a great thing. especially if we save or save emergency money. From your story, indeed the work will not be intact forever. So, while there is still money we have to be more efficient.
And your friend, can find another job or if he has money. He could turn that money into a small business. Because it is very difficult to find a job in the company today. So, it is better that he can start a small business.
OP's friend can only make the choice to rely on the remaining money he has to use as capital for a small business so that he can still bring in income, even if it's only a little. or he can also use it to make job applications and find other jobs that can accept him working even if only with a minimum wage. Because at least now we have to be able to maintain income even though it's not big. because it is not easy to survive in the current economic situation when you have no income. and it is indeed important to be able to save while we still have income. so that we are ready for a future that we don't know what it will be like. And your friend, can find another job or if he has money. He could turn that money into a small business. Because it is very difficult to find a job in the company today. So, it is better that he can start a small business.
If the OP could pull it off as per the title of this thread, and have a decent job that pays well worth it. then do it, at least it's better than you wasting it. let's reflect for a moment, around us, there are many people who are not well off. even to meet their standard of living, they have to look for additional work. since post-covid, the Russia-Ukraine conflict, its impact on the economy has been felt in all sectors. it's hard to find a job, even if there is one, the salary we get is below the minimum wage.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
Yes, and during those "bad times" you might need what you've saved, no doubt about it. But even if you'll never need to spend those saved money, it's a good habit to not spend all you earn at once. Realizing that you can actually live with smaller amount makes you less dependent on your current salary, and one day you may consider moving for a less paying job but less exhausting too. We need that move sometimes to have more time to spend with our family, to learn new things etc.
Indeed. Your point is an excellent example of life-work balance. Saving is a beneficial habit for anyone, especially for those with a long term goal. We work to live and work for life, not vice versa. Sometimes we need to make choices over making less money/working less hours for spending more time with family or simply for yourself. Nowadays not many people can calm down and rethink about life and our most valuable time. I have always been a hard worker but known this clearly that life is larger than work.
For me, saving is important and imperative, although I don't have a goal for that, but in life, there are always surprises that we can't anticipate, it will help us in that case. Currently, my income is quite stable compared to the average income in my country. But I never thought that I would stop saving because I have a better income than others. As you said, there will come a time when we, too, have to choose between making less money and spending time on other things. Because life is very short, but there are many things to take care of, not just work or money.
If the OP could pull it off as per the title of this thread, and have a decent job that pays well worth it. then do it, at least it's better than you wasting it. let's reflect for a moment, around us, there are many people who are not well off. even to meet their standard of living, they have to look for additional work. since post-covid, the Russia-Ukraine conflict, its impact on the economy has been felt in all sectors. it's hard to find a job, even if there is one, the salary we get is below the minimum wage.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
Yes, and during those "bad times" you might need what you've saved, no doubt about it. But even if you'll never need to spend those saved money, it's a good habit to not spend all you earn at once. Realizing that you can actually live with smaller amount makes you less dependent on your current salary, and one day you may consider moving for a less paying job but less exhausting too. We need that move sometimes to have more time to spend with our family, to learn new things etc.
Indeed. Your point is an excellent example of life-work balance. Saving is a beneficial habit for anyone, especially for those with a long term goal. We work to live and work for life, not vice versa. Sometimes we need to make choices over making less money/working less hours for spending more time with family or simply for yourself. Nowadays not many people can calm down and rethink about life and our most valuable time. I have always been a hard worker but known this clearly that life is larger than work.
You'll missed your child getting bigger which is true because of we keep chasing the money we forgot to have time in our family but again we do the hardwork for our family we work hard just to make their life comfortable even we keep sacrificing our time for them. Even my self if i do have a high salary right now i prefer to be with my family but the opportunity is not possible because i need to do a side hustle just to give them what they want but even i work hard it is still not enough. We really need to sacrifice things even we dont want to as we prefer struggling than they are struggling
If the OP could pull it off as per the title of this thread, and have a decent job that pays well worth it. then do it, at least it's better than you wasting it. let's reflect for a moment, around us, there are many people who are not well off. even to meet their standard of living, they have to look for additional work. since post-covid, the Russia-Ukraine conflict, its impact on the economy has been felt in all sectors. it's hard to find a job, even if there is one, the salary we get is below the minimum wage.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
Yes, and during those "bad times" you might need what you've saved, no doubt about it. But even if you'll never need to spend those saved money, it's a good habit to not spend all you earn at once. Realizing that you can actually live with smaller amount makes you less dependent on your current salary, and one day you may consider moving for a less paying job but less exhausting too. We need that move sometimes to have more time to spend with our family, to learn new things etc.
Indeed. Your point is an excellent example of life-work balance. Saving is a beneficial habit for anyone, especially for those with a long term goal. We work to live and work for life, not vice versa. Sometimes we need to make choices over making less money/working less hours for spending more time with family or simply for yourself. Nowadays not many people can calm down and rethink about life and our most valuable time. I have always been a hard worker but known this clearly that life is larger than work.
saving is a great thing. especially if we save or save emergency money. From your story, indeed the work will not be intact forever. So, while there is still money we have to be more efficient.
And your friend, can find another job or if he has money. He could turn that money into a small business. Because it is very difficult to find a job in the company today. So, it is better that he can start a small business.
And your friend, can find another job or if he has money. He could turn that money into a small business. Because it is very difficult to find a job in the company today. So, it is better that he can start a small business.
If the OP could pull it off as per the title of this thread, and have a decent job that pays well worth it. then do it, at least it's better than you wasting it. let's reflect for a moment, around us, there are many people who are not well off. even to meet their standard of living, they have to look for additional work. since post-covid, the Russia-Ukraine conflict, its impact on the economy has been felt in all sectors. it's hard to find a job, even if there is one, the salary we get is below the minimum wage.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
Yes, and during those "bad times" you might need what you've saved, no doubt about it. But even if you'll never need to spend those saved money, it's a good habit to not spend all you earn at once. Realizing that you can actually live with smaller amount makes you less dependent on your current salary, and one day you may consider moving for a less paying job but less exhausting too. We need that move sometimes to have more time to spend with our family, to learn new things etc.
If you have a regular income you should really start to save up as much as you could to secure your future, specially for those who works and wants to retire at an early age.
Save up and invest any amount each time you get your salary so that you would have an extra income and funds for your future.
Save up and invest any amount each time you get your salary so that you would have an extra income and funds for your future.
It's not known by many.
And that is because people are just living from paycheck to paycheck and that's hard for them to accumulate such fund and that's all due to the low income and too many obligations to fill.
For me, any amount or percentage of money you get from your salary or source and being placed on investments or savings, that's already a good practice that you need to be consistent.
Easy to say but when you are already on that actual situation or condition then this is something the most challenging thing that you would be facing on on which on the time that you are just really just recieving that single source of income and you do have lots of bills and expenses which you would really be needing to pay up and ending up you would really be overdropped if you dont able to handle your finances well.And that is because people are just living from paycheck to paycheck and that's hard for them to accumulate such fund and that's all due to the low income and too many obligations to fill.
For me, any amount or percentage of money you get from your salary or source and being placed on investments or savings, that's already a good practice that you need to be consistent.
This is why it would be always ideal that you should really be wise on your spending and as much as possible you should be mindful or trying out your best to have another source of income.
Saving up money is always been that recommendable because this isnt really just for emergency but also for investment purposes which is really mainly the reason or common purpose
when you do have savings. Dont spend out on things which arent that important or something that useful because not all the time we do really have money in our pocket
which it is really that ideal on always be prepared.
And every activity that will grow them in saving money and lessen in spending unnecessarily, is what this season is teaching us. Right, that we shouldn't spend on unimportant things if it's not really needed at all.
No one is stopped in spending for their own reward but you know when it should be applicable.
I think we have to realize how important it is to save expenses and start setting aside to save,
Obviously avoid impulse shopping.
People will only notice this when they already need the money. I can relate to this before when I still don't have family. I always buy my wants and don't think about how I'll survive for a week just because it's your payday, but again, you'll learn hard from it because you'll go through something that will make you realize that you shouldn't buy those things as they can't help you; it is just a temporary happiness.
It would really be that ideal that you should really be that trying to avoid and making some changes if ever you do see or have those bad habits when it comes to finances then you would definitely be able to experience those bad things later on.Savings does really have that huge role or purpose on the time that you would really be needing it. It is really just that there are people
who do just neglect it out just because they are still earning currently but on the time that they would losing up their income sources then for sure it would
really be that a huge problem.
Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?
Sad to hear your friend's situation. It is really difficult time for him and his family. If I were in his shoes, I would assess first my financial situation and I will prioritize my expenses. I would cut cost on my unnecessary expenses and I will prioritize on the basic essentials that is needed, such as house rent, food and utilities. To increase my income I would look for some other ways like finding a part time job or a freelance job. I would reach out as well to my connections maybe they could provide support or financial assistance if ever i wont find other part time job.
In fact, it is the nature of the human race, most of the peoples have this trait that they understand when under pressure. They sense when danger is at the door and there is no other way to do anything. So when money comes in our hands, most of us waste money without thinking about the future and don't savings also. So we should change our habit and save money for savings as soon as we have money in hand before the danger comes.
You never know how much money you might need. Sometimes very big events happen, and saving may not be enough. That's why saving money is not a panacea. You need to look for good investment options to have a steady passive income. Passive income will at least keep your money from inflation.
If the OP could pull it off as per the title of this thread, and have a decent job that pays well worth it. then do it, at least it's better than you wasting it. let's reflect for a moment, around us, there are many people who are not well off. even to meet their standard of living, they have to look for additional work. since post-covid, the Russia-Ukraine conflict, its impact on the economy has been felt in all sectors. it's hard to find a job, even if there is one, the salary we get is below the minimum wage.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
It's not known by many.
And that is because people are just living from paycheck to paycheck and that's hard for them to accumulate such fund and that's all due to the low income and too many obligations to fill.
For me, any amount or percentage of money you get from your salary or source and being placed on investments or savings, that's already a good practice that you need to be consistent.
Easy to say but when you are already on that actual situation or condition then this is something the most challenging thing that you would be facing on on which on the time that you are just really just recieving that single source of income and you do have lots of bills and expenses which you would really be needing to pay up and ending up you would really be overdropped if you dont able to handle your finances well.And that is because people are just living from paycheck to paycheck and that's hard for them to accumulate such fund and that's all due to the low income and too many obligations to fill.
For me, any amount or percentage of money you get from your salary or source and being placed on investments or savings, that's already a good practice that you need to be consistent.
This is why it would be always ideal that you should really be wise on your spending and as much as possible you should be mindful or trying out your best to have another source of income.
Saving up money is always been that recommendable because this isnt really just for emergency but also for investment purposes which is really mainly the reason or common purpose
when you do have savings. Dont spend out on things which arent that important or something that useful because not all the time we do really have money in our pocket
which it is really that ideal on always be prepared.
And every activity that will grow them in saving money and lessen in spending unnecessarily, is what this season is teaching us. Right, that we shouldn't spend on unimportant things if it's not really needed at all.
No one is stopped in spending for their own reward but you know when it should be applicable.
I think we have to realize how important it is to save expenses and start setting aside to save,
Obviously avoid impulse shopping.
People will only notice this when they already need the money. I can relate to this before when I still don't have family. I always buy my wants and don't think about how I'll survive for a week just because it's your payday, but again, you'll learn hard from it because you'll go through something that will make you realize that you shouldn't buy those things as they can't help you; it is just a temporary happiness.
It would really be that ideal that you should really be that trying to avoid and making some changes if ever you do see or have those bad habits when it comes to finances then you would definitely be able to experience those bad things later on.Savings does really have that huge role or purpose on the time that you would really be needing it. It is really just that there are people
who do just neglect it out just because they are still earning currently but on the time that they would losing up their income sources then for sure it would
really be that a huge problem.
but sometimes people fall asleep in their comfort zone and they will realize where are all gone or finished.
saving is a real need, but sometimes lifestyle makes people become consumptive, not thinking ahead for a better life, what in their minds is that they have to update in every session of life
In fact, it is the nature of the human race, most of the peoples have this trait that they understand when under pressure. They sense when danger is at the door and there is no other way to do anything. So when money comes in our hands, most of us waste money without thinking about the future and don't savings also. So we should change our habit and save money for savings as soon as we have money in hand before the danger comes. saving is a real need, but sometimes lifestyle makes people become consumptive, not thinking ahead for a better life, what in their minds is that they have to update in every session of life
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