This is true with regard to cash or bank accounts, but it is not true with regard to Bitcoin, gold, real estate, or property that maintains its value and can increase in value over time.
Yes, investing cash in projects that bring you monthly or annual profits is much better than saving it because it loses its value over time due to inflation. Therefore, there are two ways: either investing in successful projects that increase your capital or converting it into Bitcoin and gold and saving it in the long term.
Topic: Why we should prioritize investment over saving - page 12. (Read 2273 times)
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
That's true that inflation is a real pain if you save your money but if you need sort of instant money when something bad happens and I think saving is the best way to use for that kind of problem. I'd treat investment as a last source of money if I need to use it for emergency funds. It really hurts in the long run for my saving funds but it needs to be done and I think having both complements each other really well.but to be fair though, as long we are paying insurance and gets our health covered i think its not gonna be that much of a problem with investing, the emergency things already been taken care of by the insurance since usually its what most people are doing.
therefore investing and not having any saving at all could also do, im also doing this putting all my money in investment only have really few cash left in my wallet but things has been going well.
In investment, if we choose a good opportunity, it will help us grow our capital in the future, and when that happens, it will also help us give and add savings. Because if we only focus on savings from no other source than work, its growth will take a long time, and the interest will be low if it is only deposited in the bank.
That's why they do something else; they prefer to invest in Bitcoin because, even if they don't do anything else, they know that as the day goes by, the time will come when the value will really increase. In short, when the bull run starts, it is possible that our capital can repeat itself more than three times.
That's why they do something else; they prefer to invest in Bitcoin because, even if they don't do anything else, they know that as the day goes by, the time will come when the value will really increase. In short, when the bull run starts, it is possible that our capital can repeat itself more than three times.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
That's true that inflation is a real pain if you save your money but if you need sort of instant money when something bad happens and I think saving is the best way to use for that kind of problem. I'd treat investment as a last source of money if I need to use it for emergency funds. It really hurts in the long run for my saving funds but it needs to be done and I think having both complements each other really well. 
Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
Don't save more fiat - but invest more. Fiat will lose value over time - but you still need to own fiat instead of just investing. Bitcoin, gold, property, land and several other investment options are things to consider - but of course they won't completely protect you from inflation. I admit you are right - so do it instead of just saying it.Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
Fiat certainly has its uses - but having fiat to hedge is bad. In fact, I wouldn't even consider deposits as a profitable investment - let alone just keep them in cash. Have fiat just enough - at least as a reserve budget instead of investing it all.
I would say those are basically similar things. I get that investment is using the savings, but without savings how could you invest? You need to first save some money in order to start investing. However, I agree that at certain point you will not need to save anymore because your investment will grow to a point where it will be like an income for you and that will do a lot better for you. I get that it's a risk, but it is not really a big risk and you could just use that as your benefit.
Without even saving a dime, your investment will eventually become your revenue, your income that will make you live. There are plenty of people who saved enough money that they are no longer working and just living off their investment income.
Savings and investment are the same thing, and without saving, investment isn't possible. First, we need to make a few savings, and investing gives us better rewards. With savings, there is a kind of zero risk, and the earnings will be limited, whereas with investment, the risk will be high, as will the earnings. Savings can help us in critical situations, whereas investment helps create wealth. In my view, both are important in financial life, maybe the percentage allocated could be varied. To me, 20% savings and 50% investment seem to be fair, as the 20% savings help us withstand life if things go against our predictions. Without even saving a dime, your investment will eventually become your revenue, your income that will make you live. There are plenty of people who saved enough money that they are no longer working and just living off their investment income.
I would say those are basically similar things. I get that investment is using the savings, but without savings how could you invest? You need to first save some money in order to start investing. However, I agree that at certain point you will not need to save anymore because your investment will grow to a point where it will be like an income for you and that will do a lot better for you. I get that it's a risk, but it is not really a big risk and you could just use that as your benefit.
Without even saving a dime, your investment will eventually become your revenue, your income that will make you live. There are plenty of people who saved enough money that they are no longer working and just living off their investment income.
Without even saving a dime, your investment will eventually become your revenue, your income that will make you live. There are plenty of people who saved enough money that they are no longer working and just living off their investment income.
In my opinion, both are very important and must have different goals and must be done according to ability.
And it's good for us to have both, and save for reserve funds such as sudden needs, illness or other important money needs that require us to use them.
And investing as early as possible is very good, the aim is for the future or in old age. When we are no longer able to work but still have money to meet our needs so that we can live our future or old age financially calmly and happily.
And besides that, by investing we can protect the value of assets as early as possible from inflation which causes a decrease in the purchasing power of the money we have, and also the money we have can work and increase.
So both are very important and must be done, set aside money to save and also to invest according to our abilities and for sustainable living comfort and also for the future.
And it's good for us to have both, and save for reserve funds such as sudden needs, illness or other important money needs that require us to use them.
And investing as early as possible is very good, the aim is for the future or in old age. When we are no longer able to work but still have money to meet our needs so that we can live our future or old age financially calmly and happily.
And besides that, by investing we can protect the value of assets as early as possible from inflation which causes a decrease in the purchasing power of the money we have, and also the money we have can work and increase.
So both are very important and must be done, set aside money to save and also to invest according to our abilities and for sustainable living comfort and also for the future.
Saving is just the start to financial freedom because you're teaching yourself on how to be financially responsible for yourself. And I think everyone who is starting needs to understand the importance of it. But after you start the discipline of saving then you'll eventually learn the importance of investings. Because you'll then understand that when you save, you're not going to be rich.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
And as you save, that's one enemy of yourself and your money. Because nothing is being done by your money and it should be done through reinvesting so that it will appreciate. As in savings, the interest rate you earn there is little and not enough compared to the inflation rate and that means the value of your money is lower than how things have gone up. Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
I should say 80% for investment and 20% for savings. You would really be able to save up on the time that you do have that lots of income source or a couple of it.Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
The wrong thing about on most people is that they do really accumulate fiat as much as they do on their bank accounts without even trying out to mind about inflation or something that correlates to it.
There are ones who could really be able to make those realizations along the way but mostly would really be staying up on that way on which it would really be just that
totally depending on how you would really be making out those decisions.
When it comes to investment then it is really that something more worth, although its risky but once it would succeed out then it would really be bringing out that
kind of financial benefit on which we all really hoping for. It would really just that a matter of risks taking because not all would really be having that kind of approach towards things.
Both have an important role, for me investing is the main thing and saving comes second. For example, the results I invest make a profit with the rule of setting aside 30% of the profits for saving. 50% of the management goes into additional investment capital and 20% is used for living needs. Life needs management to be directional for me
Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
You can't invest if you don't have money and if you need money then you need to save it first which means savings is the first step towards an investment but if someone thinks that keep saving their money in their piggybank or in a real bank where they give invest still the inflation will beat the interest given and you actually lost money from keeping it and doing nothing.Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
Most people may aware that prices of the products always increase but they don't know the actual reason for it happening which is mostly due to inflation and another factor could be high demand or shortage of supply but in the latter case the price change will be rapid and in the former, it will be gradual.
Yes, everyone will of course be aware that the price of every item will always rise for various reasons and we cannot know for sure the cause and the money we save in the bank is currently enough to buy a motorbike so it is not certain that the money we save will remain sufficient. to buy a motorbike in the next few years.
Right. Saving money is good but inflation can slowly erode its value. Investing in things like Bitcoin, land, or gold can be a way to beat inflation and make your money work for you but it really depends on your priorities. These assets have the potential to grow over time, helping your wealth keep up with or even outpace the rising cost of living but it's essential to be aware that investing carries risks and values can fluctuate. We all have different priiorities so learn to not compare yourself
Saving money is not good at all as this will make your money ideal which won't do anything for you except lose its value and PPP. We should put our money and wealth to work so that they can generate more money for us and grow in size themself. Gold and real estate are the safest options anyone can imagine to fight inflation and the newly added bitcoin become widely accessible to the western market through bitcoin ETF which is becoming another option for the community.
You can't just say that saving is bad,in most cases,you've also saved money to assists you or boost your finance.Saving is generally crucial just in case of unforseen circumstances,uncertainties and several emergencies
The thing is in today's economy,you cannot save your way into a millionaire status.The first thing is to focus on increasing your income either by investing or generating another means of a steady flowing income.it's just that the gains of investment can be bigger than saving.
Like for those that are nearing their retirements its better to make your money work for you by using your savings to invest in business that will profit you and boost your finance,meanwhile you can now save the outcome from your investment proper to reach your financial goals.
The money in the bank is of no use to you in terms of profit earning and asset building. Banks are getting profits on your money through lending. Although saving is also important, you should not put all your earnings in the bank. I am not saying that you should not save for your rainy days. Investment is important to build assets and fortune. Investment in Gold, Silver, BTC, Property, and mobile assets can help you fight the upcoming recessions and devaluation of the currency. Also, make sure your kids don't go through the same pain and suffering as you once went through. Be brave and take the risk for your future.
If you have the mindset to build wealth in the future, of course investing is a wise step to ensure financial security in the future. Like the investment you mentioned, saving in the bank has no benefit at all because the value will fall every time inflation occurs.It is true that saving in a bank is safer than investing, especially investing in Bitcoin which is full of risk, but to continue developing assets in the future, sometimes we have to be brave enough to take risks. So only keep as much fiat in the bank as is needed for daily needs transactions and emergency funds. the rest is for investment. Especially when the world economy is uncertain, saving fiat will certainly not save our wealth from recession and devaluation that could occur at any time.
Little disagree with OP opinion about which one have prioritize between investment or saving fund, actually both them are important in our life but saving have more important than investment. We can't predictable when bad thing happen to us and have saving fund more help it for everything needed and investment must using free money not saving fund. Saving help us when have emergency position and we can't denied it on our life activities with how many time get emergency situation.
Have balance between saving and investment assets, I think need make good money management with how limitation for saving fund before using for investing in bitcoin or cryptocurrency. Spent first your money for saving fund before try to make an investment assets by investing in bitcoin or other kinds investment.
Have balance between saving and investment assets, I think need make good money management with how limitation for saving fund before using for investing in bitcoin or cryptocurrency. Spent first your money for saving fund before try to make an investment assets by investing in bitcoin or other kinds investment.
Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
You can't invest if you don't have money and if you need money then you need to save it first which means savings is the first step towards an investment but if someone thinks that keep saving their money in their piggybank or in a real bank where they give invest still the inflation will beat the interest given and you actually lost money from keeping it and doing nothing.
Most people may aware that prices of the products always increase but they don't know the actual reason for it happening which is mostly due to inflation and another factor could be high demand or shortage of supply but in the latter case the price change will be rapid and in the former, it will be gradual.
Even though the view that we should prioritize Investment over saving is a good situationin the end in this case we must also realize that it all depends on ourselves first as the initial form of desire to do.
Investing especially when talking about bitcoin as a tool for investing is a good thing but in the end we also cannot force it because all the will is in our hand.
We need to realize that not everyone sees bitcoin as a good outlook and sometimes to start this requires further struggle so it is important for us to determine the initial goal for ourselves.
If indeed in the end we do not have a good feel about investing then surely all will have other consideration in saving bcause after all we must know that not everyone think the same as we feel so in this case we certainly have to see some considerations and potential in ourselves first before deciding what is best for us.
Maybe for now saving cannot be used as a good foundation because we are in bitcoin and we realize being in bitcoin to invest is certainly better than saving but not everyone has this belief as their benchmark.
Investing especially when talking about bitcoin as a tool for investing is a good thing but in the end we also cannot force it because all the will is in our hand.
We need to realize that not everyone sees bitcoin as a good outlook and sometimes to start this requires further struggle so it is important for us to determine the initial goal for ourselves.
If indeed in the end we do not have a good feel about investing then surely all will have other consideration in saving bcause after all we must know that not everyone think the same as we feel so in this case we certainly have to see some considerations and potential in ourselves first before deciding what is best for us.
Maybe for now saving cannot be used as a good foundation because we are in bitcoin and we realize being in bitcoin to invest is certainly better than saving but not everyone has this belief as their benchmark.
Savings act as the cornerstone of any sound financial plan. They provide a safety net for emergencies, unexpected expenses, and unforeseen life events. This peace of mind allows you to explore investment opportunities without undue pressure. Similar to building a house, a strong savings foundation is essential before embarking on investment endeavors.
So, before venturing into the realm of investment, whether in land, gold, Bitcoin, or other options, having a robust savings base is essential. This safety net provides the freedom to explore investment opportunities without undue pressure or the need to liquidate assets prematurely.
The ideal balance between saving and investing is not a universal formula. It's a personal equation influenced by your age, risk tolerance, income level, and specific financial goals. A young individual with a long investment horizon might prioritize growth through investments, while someone nearing retirement might favor the security of a larger savings buffer.
So, before venturing into the realm of investment, whether in land, gold, Bitcoin, or other options, having a robust savings base is essential. This safety net provides the freedom to explore investment opportunities without undue pressure or the need to liquidate assets prematurely.
The ideal balance between saving and investing is not a universal formula. It's a personal equation influenced by your age, risk tolerance, income level, and specific financial goals. A young individual with a long investment horizon might prioritize growth through investments, while someone nearing retirement might favor the security of a larger savings buffer.
If we already know Bitcoin, we will use the money to invest besides saving. That's because we have seen the profits from Bitcoin so far. And that's what makes us want to invest more of our money in Bitcoin.
But people out there still choose to save their money in the bank. They don't understand the benefits of Bitcoin, so many people still choose to save rather than invest their money in Bitcoin. It is better to invest our money in things that can provide profits in the future, and Bitcoin is a good example for us.
But if you can do both, save and invest the money, you can use both. You can use the money in savings for urgent matters. Meanwhile, you still have investments in Bitcoin, land, gold or others to prepare for your future. So you get two benefits at once from saving and investing.
But people out there still choose to save their money in the bank. They don't understand the benefits of Bitcoin, so many people still choose to save rather than invest their money in Bitcoin. It is better to invest our money in things that can provide profits in the future, and Bitcoin is a good example for us.
But if you can do both, save and invest the money, you can use both. You can use the money in savings for urgent matters. Meanwhile, you still have investments in Bitcoin, land, gold or others to prepare for your future. So you get two benefits at once from saving and investing.
Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
That is very true, but we also have to be astute in looking at the types of investments and opportunities so as not to experience losses. If we are talking about a safe place then there is no way for us to be able to keep the money we have safely because everything has possibilities and risks.Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that inflation wouldn't eat it up.
However, compared to saving money that is not used and then having its value undermined in the future because of inflation, it is indeed better to invest it, that is an undeniable thing, but again we have to learn about investments that will be profitable for us in the future.
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