Bitcoin Forum

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.

Saving not only won't save us from inflation, but our chances of spending the money are greater than investing it, for example in gold or shares, because it takes time for us to convert it to fiat and also the consideration that we haven't made a profit will prevent us from exchanging it to fiat, which is different by saving in the bank whenever we want to use it, we can use it straight away, especially now that the banking system is digital so there are no obstacles for us to use the money as long as we are connected to the internet so in the end we only have a little leftover because we are tempted to use it and inflation will make our finances even more difficult.

In a way, I disagree with the idea that investing in Bitcoin or gold and quickly making a profit. While it might work for land since land appreciates over time and not the another way. it's not reliable for Bitcoin due to their volatile nature. There's no guarantee of profit in such a short time, especially with Bitcoin's unpredictable market. gold is a fixed asset since it's considered as a stable store of wealth over time. That means that if you invest 100$ in gold today, your 100$ worth gold would still be what you have in years to come.

Putting or saving money in banks or storage facilities isn't wise either. Banks use deposited funds to make profits through loans, which isn't ideal for savers. Keeping money in bank vaults isn't a good idea because of this. Instead, investing in land or Bitcoin could potentially yield profits for you but it will take longer than a year to make good profits out of them.

Savings can be good when is only months but to save for years then i think that is a very bad idea because as said inflation could hit it so hard where your savings won't worth something valuable in the future that is why investment is mostly appreciated and valuable, we can invest in bitcoin also real estate businesses. Must people have no idea about saving money because to me i think there are lots of circumstance that may surround man which might triggered him to touch his savings although sometimes investment within our power can be touched as well but what happened is that when doing investment we should try as much as possible not to have every control of our investments otherwise we could temper with it. You know there is some people who don't always have this patients of holding their investment till maturity but when they have any little issues they would want to pull out their investment to sort out whatever problems they are facing which to me isn't right at all and should be cultured about that to enable investment to get to maturity this could be 5 years to 10 years time.

If you realise the way people were talking about and prioritised savings when I was growing up, I thought that I would join them as it might be the saving grace of people to have that financial freedom. Some would painstakingly save for the year, while others would be finding available investments in the banking industry, and some would be contented with the meagre annual interest that savings accounts are giving them on their deposits. What a lame thought!

Some will be so professional in that angle to be looking for every available high-interest package in the banks so that they can maximize the earnings of their savings, but I do not think that any bank gave any of the over $12% per annually regardless of the amount they have but are using their money to make more money in multiplies. Banks do that by loaning people for higher returns and investing in lands, properties and many more that are earning big for them. This is just no secret, it is just a priority, people prefer by then to have money in the bank, though some are still doing it today but the level has reduced. Exposure and technological advancement are now opening people's eyes to what is the right thing to do believing that if the bank can invest your money elsewhere, you also can. To make matters worse, as of today, if a person is saving his money in my country in the local currency over a period of 15 years, I can assure the person that the value of the money now compared to that time will be about 5-8 times less. This is due to inflation, and it will continue that way since governments are just clueless about this.

But those who bought lands, stocks or properties with them will have more money smiling to the bank for. While against the USD, the money had devalued more than 10 times too, this is so pathetic. Going forward, people should rather look for investments than savings, that is the only way out and one of the secrets of financially free people anywhere in the world.

You are correct. But you should know the differences between fiat and money. Fiat is the money that the government of a nation made a legal tender. The government control the price and it is always depreciating is the control. Bitcoin also is money. Money is anything you can spend that have intrinsic value. Bitcoin has intrinsic value. So if you are investing in bitcoin, it also means you are saving money called bitcoin. But bitcoin is an appreciative asset and not a depreciative assets like fiat.

if we understand saving and what it is supposed to be used for then we should not be bothered about having it and it is majorly for emergency reasons so that you don't have to think of borrowing money when there are needs you can always take out of your savings to solve whatever problem you might be in. and I would not advise saving a large amount of money because of inflation true. and it is better to invest that little amount of money in savings than just. and the idea of putting the money in Bitcoin is good. inflation won't have any effect. and whenever you need money for something you do not have to worry about anything just to sell but I would prefer if you have Fiat and then Bitcoin as your investment, and that additional value is what makes everything different. but just leaving your funds dormant just like that will not favor anyone at all. so let us be smart while making a choice either to save or invest.

People know about that, but unfortunately they're invest their money without any knowledge that lead them to get scammed or lost.

Land or real estate, there are many mafias and unnecessary cost that make you need to spend more money.

Gold, there's a chance you buy a fake gold and hard to hide it.

In Bitcoin, as long as you buy the real Bitcoin and hold it on your non custodial wallet, you're safe. People scared with Bitcoin because it's intangible asset, they always want to see their asset in physical to know if they really own it.

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.

Investing offers the potential for higher returns compared to traditional savings. By prioritising investment you can grow your wealth and achieve long term financial goals such as retirement or purchasing a home. Unlike saving which often earns minimal interest, investing in diverse assets like stocks, bonds, crypto or real estate can generate substantial gains over time. Investment allows for the compounding of returns meaning earnings can be reinvested to generate even more income. While saving is important for emergencies & short term needs, prioritising investment can help you build wealth & secure your financial future.

Both savings and investments has their respective unique roles they play in our daily lives and thoroughly looking at the two factors we can't do without the two, having just one in place is incomplete for anyone in this hard times where inflation keeps soaring and challenging emergencies are always occuring.

When we save we are having a backup to our investment should anything go wrong as the future is not certain and unpredictable it is to the savings you have been making that you will fall back on to revitalize, resuscitate and wage your investment from imminent collapse when things probably go wrong. Yeah, savings may not hold it value at a still due to inflation but it's backup importance/role makes it a necessity never to undermine.

While investment is immensely quintessential to growing the value of our money we should also be careful at what and when we chose to invest our money on as it is possible that we can invest in the right thing at the wrong time and due to this incur losses. Just like bitcoin, right now is a right time to invest as we are still in the dip, but when an investor has to invest at the time the next bitcoin ATH has set in you're said to be investing at the wrong time at that moment.

In conclusion, both investment and savings are crucial and it's dependent on the individual how they go about it and managing the two.

The concepts of saving and investment are interconnected.  Some people need to save before they invest because they don't have sufficient funds to invest in a business or product. So for this set of people saving is important. Another aspect is saving for emergencies. This kind of saving could be keeping enough funds that sustain you for three to six months without any form of income.  This type of savings is important for everybody.

Keeping money in the bank might not be the best option for people who live in nations that experience high inflation. This is because such funds will gradually become worthless over time. The best option for them will be to invest these funds in profitable ventures. However, they can decide to save their funds in a more stable currency like the dollar. The dollar is a strong currency that hardly loses value when compared with other currencies. In two years our local currency has lost almost 80% of its value over the dollar. Which entails that people who saved money in dollars made the right decision. 

Its not necessary that prioritize investment means you will jot save up money, its still better to have both investments and savings, think of this yes saving money is great and a good practice but the thing is as the days, months or years past by your money from your savings will not grow maybe a little, but compare to investments its better to have something that could give you profit, a lot of profit, if you want a bright future or a life where you can buy everything you want and needs then start being a little ambitious and do investing it will also make you grow in terms of skills and knowledge, in short don't be contented to just what you have, don't settle for less, keep on moving forward to achieve more things in life. It's best to have something to add to your assets or funds while at the same time securing your future by saving money.

Agree. You may also take this into consideration that saving is a dead investment aside from being affected to inflation. For me Bitcoin, precious metals and real estate is the best investment here so if your savings is enough for these assets then I highly recommend you considering this choice. All I think is inflation and future proof.

savings should come first.

savings is not about wealth creating in low reward accounts..
saving is just to get a emergency rainy day easy access pot of money to cover incidences.
easy access so that you dont need to run to credit cards and you dont need to cash out investments during a bear market

once you have a savings amount to cover atleast X month of expenses + able to cover any surprise short term event. then stop saving and start using the excess income you were putting into savings to instead start to put into investing.
when you know you have a easy access fund of savings you become more relaxed about investing. knowing you dont need to rush to cash out your investments early. you stop worrying about bear markets or losing your investments because you are not relying on investments to cover emergencies, thus able to invest more long term rather then trying to get rich quick out of fear of your monthly real life costs of living

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

I learned something after the last bull run (and I believe it's valuable). I had to convert my savings to stablecoin and kept in a private wallet instead of keeping it in a bank during the bear season. As a stablecoin it won't be affected by inflation as fiat in a bank. Then I pull it out and invest in Bitcoin once I perceive a bull rally is around the corner. That way, I gain both ways in global perspective – Inflation free and secondly, investment in Bitcoin. On a local level, giving the type of hyper inflation that's ravaging my country, I gain in three ways – Inflation free, 2, Investment in soaring Bitcoin price and value; 3, My local exchange rate. I suggest people try this out too, especially those in inflation torn countries.

I have also been saving money for a few years, which I learned when I started earning from my job. In the past, I used to save a specific amount of my hard-earned money in the bank every month, but after a year, the interest I received was less than what I expected. Moreover, the inflation rate was increasing rapidly, which also made me realize that I needed to find a safer way to save money and avoid inflation. That's when I discovered the method of buying stablecoins, at first, I thought of exchanging my fiat money for USD bills but then I realized I can do it virtually. This way, I can save my money without worrying about the impact of inflation.

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.

Saving isn't totally a bad idea, especially when we are saving to invest because you must save money before you think of investment in anything be it land, Gold or Bitcoin just as you have mentioned above, it is not encouraging when you save without a reason for investing it or doing business with it and leaving it sitted in your bank account while inflation ripe you off the value overtime, but even as we invest we should have some funds in reserve for emergency or for unprecedented events.

Investment is better than saving since we would earn profit on it, but savings also comes handy since you could use it on emergency.
If you could have both of them why not do it put most of your extra money to your investment and small amount on your savings incase of an emergency.
If you have both of them, then you wouldn't need to take some from your investment when you need some money when someone close to you is sick, needs something to be fixed at your house or something else.

Economic inflation is a problem, but its treatment varies according to the definition of the problem. Is inflation caused by financial mismanagement, or by an increase in shipping costs, or by an increase in the costs of services such as gas and electricity, or by geopolitical crises? Depending on the cause, the solutions may be appropriate.
Financial inflation or due to state mismanagement can be solved by investing in foreign currencies, gold and Bitcoin, but in the long term, while real estate may be at the beginning of a financial bubble, it will lead to losses, so without defining the problem, solutions cannot be thought of.

If you are not sure that you are ready to invest, or have not yet decided on the asset you would like to buy, then saving is also not a bad decision. But you are right to note that you should think about inflation. It is not so easy to buy gold or real estate because these investments require you to have a significant capital, with Bitcoin everything is easier, but in this case you need to think about not buying it too expensive, since this asset is too volatile.

If you can't manage $1K, you will not able to $10K.
If you can't manage $10K, you will not able to $100K.
If you can't manage $100K, you will not able to manage $1M.

Not every people can understand how to manages money because every person come from different background, raised with different culture and different financial situations. Good for you for realizing investment is really important, sooner or later you will become rich.

Even we're know investment is really important, if people don't want to start to invest, don't blame them.

The rich people do invest their money and if they are saving, it's too far and quite little compared to their investments. They understand how inflation works and how investing will save them at times of these rising inflation rates. While they're doing a not so secret strategy, we as plebs should also do the same as them. Some techniques might not work for us but we just have to go with the same path as they did and that's investing to anything they know of and for us, it's with Bitcoin, real estate, gold, etc.

How is saving money not good? You still need to save for the raining days from your business or from your paycheck. For instance, If you or a loved one falls sick, you'd use your savings to settle the hospital bills.

So both saving and investment are good but the question is which one do you prioritize, i.e which one would place ahead of the other.

Based on global inflation rate and constant decline in the value of my local fiat against US dollars, I've been investing more than I save in fiat.

Saving and investing are two different things. Investing means that you are putting your funds to work and generate profit at the long run, but saving in your house is just keeping your money idle, without any increase but decrease due to inflation. Saving in the bank is just like you gave them your money to use in business and make good profit out of it but at the end of it, you will be given peanut from the profit that they made, and at the same time your funds will depreciate in value and that is non of their business. It is only through investment that we can secure our future, especially when you invested in gold, bitcoin, and land properties.

I agree that investment would be a key thing to the survival of the value of your money. It's all about the amount as well in which you are going to save to know the effect of it in the long run. It would be a hard thing to decide where to invest it (but we all know it can be Bitcoin), but it's still best to decide what you won't regret.

Financial planning often involves a delicate dance between saving and investing. While both are crucial for achieving long-term financial security, the optimal approach can vary depending on individual circumstances and risk tolerance.

Savings serve as the foundation for any sound financial plan. They act as a buffer against unforeseen expenses or emergencies, preventing the need for high-interest debt or disruptive sales of investments during market downturns. Aiming to accumulate enough savings to cover at least 3-6 months of essential expenses is generally considered a prudent first step.

Once a robust emergency fund is established, individuals can begin exploring investment opportunities. Investments, like stocks, bonds, or real estate, offer the potential for higher returns compared to traditional savings accounts, but also come with inherent risks. Diversification and a long-term perspective are key to navigating market fluctuations and achieving sustainable growth.

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.
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.

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.

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.

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.

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.

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.

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.

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.

When we want to invest, of course we have to have funds that we will not spend before we can achieve our investment target, but if we don't have these funds, it would be better if we first collect some of these funds. the income that we have so that we can invest and not make it difficult for us. When we have decided to invest these funds, if we choose to save the money we have in the bank, of course this will be more profitable for the bank than us saving the funds because these funds will be used for the bank's operational needs.

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.

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

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.
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.

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.

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.

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.

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.

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.

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.

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.

   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.

in the case of emergence, liquidating crypto as an investment is a piece of cake, its really different with other investment like real estate investment it will be pain in the ass indeed thats why diversifying is the key here, some portion goes to crypto and the other goes to other form of investment.
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.

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.

Until now, investments have consistently been regarded as superior to merely holding onto cash or FIAT currency. I distinctly recall how the price of instant food in my area back in 2008 has now surged by 200%. Meanwhile, the average salary in my locality has increased by 100% (approximately) since 2008. While this inflation might not appear tangible in the daily time frame, widening the time interval to 5 or 10 years truly demonstrates the reality of inflation.

IMO... it's all about adjusting the allocation for storing FIAT currency to meet short-term needs. On the other hand, Bitcoin investment assets can function as savings because they can be easily exchanged for FIAT or vice versa, unlike deposits, which involve a complicated process.

We should have an emergency fund in our life so saving is important too, because when you have investment priority but with zero saving you can disrupt your investment strategy. Don't ignore saving some from our income just like we save some portion from our income for investing, long ago I ended up using my investment to pay my medical bill because I didn't have any savings and it was when Bitcoin at a low price made me lose my opportunity to take profit from my target.

That is true, but it goes back to our knowledge in investing because not all investments can be profitable.
Investing should not be haphazard and haphazard, we must also take into account the long term and to avoid falling currency prices because inflation is not a reason because it happens over a long period of time so that we can still save for the things we need. useful and even invest in the future.

I don't think everything has to be done in a hurry.

And to invest in Bitcoin, actually I don't doubt it at all, but it comes back to our targets and desires because investing in Bitcoin also doesn't promise to always provide profits even though it is quite easy to exchange it for FIAT currency when we need it urgently.

Investing is indeed the right step for the long term rather than saving. And this is closely related to inflation which can continue to reduce the value of the currency we save. Even when I reflect on the prices of several products in my country 2 years ago and now, I am personally a little surprised. Because believe it or not, prices have risen by almost 75% - 100% in those 2 years. So it can be said that if I save my money for 2 years then I will have experienced quite a big loss in terms of currency value. For example, 2 years ago, the instant noodle brand that used to be my favorite had a price of Rp. 2000,- (Rupiah) and this year the price has increased to Rp. 3500,- (Rupiah) Rp. 4000,- (rupiah). And the same thing happens with other things. In simple things like that, we already understand that the decline in the value of the currency actually continues to occur without us realizing it as the prices of our daily necessities rise. So that's why investing is a choice that I also make.

Exactly, that's the part of the saying "invest what you can afford to lose", without emergency funds, your investments is at risk of unwanted withdrawals, thus it would result into a loss, especially when the market is down or at a bearish period.
I think tha correct process of investment/saving, is to save first at least 5-6 months of the total of your monthly income, then you can proceed to invest your money after that. Those savings will be considered as your emergency funds (for health and immediate job termination) and will be considered as an investment protection funds.
A lot of this kind of scenario have happened before, they thought they can make profit even before an emergency arises.

The threat of inflation is real; inflation steals our money without our knowledge. Anyone who wishes to retain or develop their money should know about Bitcoin, land, and gold. In an unpredictable financial landscape, Bitcoin shines. It is an asset and a statement against outmoded financial arrangements that have failed us repeatedly

Avoid oversimplifying. Investing entails risks and obstacles. Expertise, patience, and risk tolerance are needed with volatile assets like Bitcoin. The biggest risk is not leveraging our resources. We must be strategic to battle inflation and secure our financial future. Investment should come first, but do so with open eyes and a thorough grasp of what you're doing

I don't think their is any investment without savings. Savings is very important to start or make plans for investment.  When savings becomes wrong is when people save without making any plans how to make any investment with the money. Saving money with no plan of investing it but just leaving it in the bank for a longtime is a wrong financial decision, with time this will make the money to lose value. The best way to attain better financial height is to save and make plan for investment that will yield more profit.

In this time just savings is not the decision people needs to focus on because on a daily basis inflation is going high, which people need to have the understanding to learn how to build more money than wasting it in saving for every longtime.  We are in a a difficult time that money  can't be in a place , it needs to be spent to add more value.

Investments can potentially make our wealth grow over time and of course with the risk that it can also decrease. But saving money will only make the amount of our money increase but the value is prone to inflation. And if suddenly the country we live in now experiences hyper inflation then the money we have saved will lose so much value. Like the case in zimbabwe and Venezuela.

So I prefer to combine the two. That is I save money for me to invest after enough. So save in the short term and then invest it for the long term. simple right? ;)

People need to make sure that they are well prepared when taking investment decision since there's no going back if everything may fail especially if they don't have back up funds or emergency funds to use if everything falls unexpectedly. So savings is also important so to acquire this maybe we should have multiple income streams so that we will not get broke and can start over again once we are ready to risk again.

I know investment is important since this is what really needed to have better life but we should plan carefully each decision we made since rushing all things its because we think the current one we want to participate is the current trend then for sure there's huge chance that we will fail for this especially if we want fast return of the investments we go.

It is true that if we are able to invest well, we will be able to increase the wealth we have and we will also be able to minimize the losses we will face from investing because we have a lot of experience in this field, but if we choose to save, there are also risks. the value of the money we have will lose even though we have accumulated a lot of money and the country we live in experiences inflation.
I agree with you, if we combine these two things if we want to maintain the value of the assets we have and also the money we have accumulated, because if we only do one thing and we experience failure this will really make it very difficult for us to deal with it.

Saving and investing are both very important things that must be done, but each person certainly has their own perspective. In my opinion, saving is very important if your source of income is still within normal limits, meaning setting aside a little money from your daily income because this will make your daily finances less burdensome. Meanwhile, investments must be made when finances have truly reached a safe point. So in my opinion these two models must really be instilled in someone's mind to strengthen their economy and improve it.

You made some senses but the fact is that what has an advantage is also opposite to disadabi. @ OP, do not forget that the above mentioned investments also experiences inflations. However, saving your funds at where it doesn't profer income is a waste of time and resources because the range of times the money wasn't invested was like a dormancy finance in a stagnant degree. However, strategically, at the expectations of inflation in times ahead, it is economically wise to also save ahead of inflation so you purchase profitably during deflation

Investment and saving both are necessary as both of them help us to cope up with the situations of inflation. In case of saving we have just that amount which we have kept for saving but investment can give us more amount due to increase in the price of asset. The assets which you have mentioned can give us good profit but in case of land we cannot put money little by little because we have to buy land with large sum of money at once whereas gold and bitcoin can be bought with the help of buying portion.

I think we should not ignore any of these assets as all these are very profitable so buy at least little portion of take part in all investment types which will be profitable for you in future. Also don't forget that all these assets needs time to establish more in worth therefore don't rush towards profit in less time.

Not just inflation, because there's no growth in saving. Put in a bank, wait for a year and you get what 1 percent to 4 percent APY? It's not worth it.
Imagine the other things we can do to our money than just letting it rot in the bank?
We could start a loaning business even if it's just for the circle of friends so that you could be safe.
Or, invest it with low risk investments but gives a higher return when you compute it against the APY of the bank.

I am not bashing the banking industry but that's how it is for a long time. They are the ones reaping the rewards giving out loan to people while it's not really their money they are using. It's the people's money.

It really depends on a person's situation, there are some who prefer to save their money so they can easily get it when needed. We also have different sources of income, some people earn just enough and some have too much. You are right that it would be better to invest money to grow it but let's not forget to save, let's just diversify our finances properly.

putting your money in a bank is just like for safe keeping purposes not because you want to earn something from it, because you can't. they have very small percentage of interest, unless, you will avail other financial services such as time deposit. but their presence in the financial industry is still vital as a lot of financial transactions are still passing thru banking system like your mortgage and other remittances. so we can't totally avoid the usage of banking services. also, most companies are also using banks for the salaries of their employees. let us put it this way, no matter what, for now, we still need banking system.
when it comes to investment, this is for you to explore your opportunities outside bank institutions. there are so many options now to take if you do want to make the most of your funds.

Simply speaking, if you aim for higher returns of your money, then chose to invest than save. While there may be some risks associated in it, but if you are good and responsible enough, you will still end your investment while doubling or tripling the amount of your capital. However, if you chose to focus on saving, you will not take any risk and you will not be prone to losing due to wrong investing, but you will never see your money growing with high interest unlike investing is capable to provide you.

That's exactly how it should be. The two are inseparable in the process of financial development in our lives. Because as people who have normal income we cannot immediately start investing with large capital. That's why we still need a saving method to collect money and invest it when it's enough. Even emergency savings are also needed in life such as to cope with unexpected situations that require money quickly and cannot wait for time to cash out assets or even take from the bank. So I personally also always set aside physical money and save it for a reserve fund or emergency fund. Sometimes we can use the emergency fund to help others too.

That's exactly why I always listen with a cold sweat to stories about people who just kept cash in their drawer for years and decades. Didn't they realize that their money was being devalued in this way? But at the same time, I am against giving money to the bank at interest (deposit) and also against a long-term lock of coins (their exchange rate may fall), so any long lock is bad. In general, you need to steak so that you can pick up your tokens at any time.

Investing is usually the best way to grow your capital. But it's much risky than saving your money at a bank. The higher the reward, the higher the risk will be. What you do with your money, is entirely your decision.

In times of crisis where inflation spirals out of control, it's best to invest your money in assets that tend to appreciate in value over time. I'm talking about precious metals like Gold and Silver, as well as, Bitcoin. Stocks are not an option, especially when they're too tied to the mainstream economy. I've seen stocks go down during economic crisis (like what happened during the COVID-19 pandemic). By investing wisely, you'll be able to beat inflation in the long run. Don't let greed take control of your decisions, and there should be nothing to worry about. ;)

I believe a person should have different funds or accounts for investments and savings, and I never recommend investing savings in anything, unless it is something that you are sure of that it won't make you lose money or value.

You can't invest your savings in Bitcoin or cryptocurrencies and expect to have your money increased over some time like a year, because Bitcoin and other cryptocurrencies are volatile and unpredictable, their value can go up but also can go down from when you've made your investment.

Gold might be a good option when it comes to this because we know Gold doesn't lose much value and it keeps going up even if the speed is slow, it's at least a safer investment option than cryptocurrencies.

Saving is important, but inflation can erode the value of money. Investing in Bitcoin or land, for example, can help preserve value over the long term. I think investing a little more than just saving helps protect against inflation. You need to find a middle ground for all of this, and this is often difficult to do.

Saving is always our first step towards creating opportunities when planning for an investment. If you have sufficient amount of savings, you can invest whatever you want even as risky as bitcoin is. Since it’s your hard-earned funds, you can always put an amount that you are comfortable to lose anytime.

However, the challenge here is how to make your investment work and becomes profitable so that your savings will never go into waste. By having high tolerance in any risky investment, and can definitely manage the risks, then the chances to make that investment successful will be certainly high.

Saving is only good if you don’t have plans to grow your funds massively, and seeing it after couple of years, the amount is still the same. But if you decide to invest, the chance to lose it will be possible but there’s also bigger chances that you will be profitable and make your capital 5x or 10x from your capital. But of course, the process to make it grow is not always smooth but certainly quite tough and hard. So it’s up to you to decide whether you want to see your funds intact or take the risk and see it becomes huge in the future.

Unless if you are born on a family which does have that good financial standing or status then it wont really be needing for you to work hard for you to have that capital but of course not everyone ends up on this kind of scenario on which majority would really be that be depending with their own savings or money that had been that accumulate whether into their income sources and sidelines on which it is true that having savings should really be something in default into someones life and wont really be that tending to be that not mindful about those future plans and endeavors one someone could really be having.

If you do really like to have a life which it doesnt really have that kind of financial problems then you should really be needing to work for that for you to obtain such state and we do know that the only way
on doing or acquiring this is to have investment or business.Somewhat it might really that easy to say but its actually that very hard to obtain such success on which you would really be
needing to do such hard work and wise decisions in regarding into the steps that you are planning to have.

How can we invest when we don't safe? Maybe we can always borrow funds to get started with business but that's not a better way to go about it. Making money is all about what we have in hand not have we were able to borrowed since it's not actually from what we have in hand. Any investment we are starting, it doesn't just start booming like that, we have to wait and keep growing the business before we can be making profits from it. Ww actually have to save but at the same time we can always look for something to invest in some that we don't just keep putting the money in the bank without putting it into use.

Actually, both provide benefits.
Saving in the form of Fiat will maintain our economic stability,
keep when we need fiat money directly for the needs of life and several other things.

And Investment is also needed to develop the assets we hold.
Like buying land, of course the price will always rise and this will be a set of no moves that can provide many benefits.
And buy some Gold jewelry, making it a "Safe Haven" asset that will rise in the next few years.
And also bought Bitcoin as a volatile Digital asset with significant development.

All of that will be profitable investment assets and have their own advantages and advantages.

   In investment, when we choose the right opportunity, we can set aside savings little by little for the future. Although the savings are not bad, it's just that even if you put them in the bank, the interest that the bank will pay per year is small.

   Unlike investment, it is not like that; instead, it can double the existing capital or more depending on the demand that happens. Although
there is only high risk in the investment category,.

Well, saving is always a good choice because that will also serve as your solution everytime there's an emergency and having an instant cash is necessary. Therefore, it's indeed never a bad idea to save. We should not chose the other option (investing) if we can do both. Because you can still invest in any opportunities out there without draining your savings.

Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.

Having some savings in this day and age is not too bad, but given how fast inflation eats up on the value of that idle money, it's best to make it work while it's just sitting there. A 1-5% increase each year compared to none at all on your idle money is infinitely better. It offsets inflation quite a bit and you're still making money when it could have been collecting fees and interest from the bank, which further eats up on your savings.

Gold is one good investment that a lot of people can easily have access to. Cryptocurrency is another, although with the risk and volatility that comes with it, it's not recommended to a lot of newbie investors who are seeking to do something with their money while it's just idle at the banks.

savings is not about entire wealth storage.. its just a rainy day fund to avoid debt/negative interest of credit cards

once you have a 1 month rainy day fund. then invest your next months income excess into investments.
you will be less likely to sell investments at a loss or go back to borrowing to cover rainy day surprises

this way you dont get into debt or lose investments when surprises happen. thus instead maximise your investment wealth accumulation by not getting emotional about investments needs to cash out ASAP when surprises happen

if you can frugally save up 1 months of expenses in 3 months. this means once you have a savings amount for rainy days. then you dont need to fund more into that rainy day and instead put 33% of income into investments. knowing you dont NEED to cash out investments to cover emergencies. but instead buy-sell (low high) repeatedly to maximise investments

When you say that gambling is profitable, it means that you always win when you play gambling. The question is, is it possible to always win big in gambling? Maybe it's possible, but only with a small amount of winnings. Because most gamblers usually lose in gambling, right?

I have not seen any gambler who wins big money every day gambling, because if there is, and that is true, then for sure all casinos will lose money and close the crypto gambling industry.

Totally that mutual to each other on which we do know that savings could really be used for you to make investment and once you do make money with your investment then you could really be able to make savings on which basically shows that there would really be that cycle in between things.It would really be just that depending on how well you would really be making decisions whether you do invest or save.
Doesnt matter on which one you would really be focusing as long it would really be that beneficial for you. It is really just that depending on how you would really be making decisions
which you do know that it could put you up on advantage.

There are ones who succeed out and there are ones who do fail depending or basing up on their plans and actions that they are making.Outcomes could be random
yet there are other factors on which it could affect in overall things that you are dealing with.

I also advise us to save first instead of investing. Investing means we can win or lose, investing does not always win. And what will happen to us if we fall into an emergency situation and our investment is at a loss of 50%? But if we have a little money saved for those emergencies, things will become easier.

In my opinion, a job with a stable income along with some savings should be a priority before we want to invest. Investing is also really important because it can give us the opportunity to increase our wealth quickly as well as prevent inflation, but it should not be the top priority in life.

No guarantee on anything especially if we take a risky path on investment that's why its important for us to have savings so that we can handle anything if we don't succeed on the investment choice we pick.

Also once we have savings we can try multiple things that's why I can say both is important so that we can handle things that needed to consider that's why people need to think about having multiple source of income so that they can do both and will not lose to something that they don't experience yet. I know investment is really great compare to saving but we need to have both so that we will not totally get hurt and survive if everything we expect didn't happen.

Having considered what inflation does to the value of money, I think it’s still worth it to have a reasonable amount of money in savings. If one wants to save money for a long period of time, there are accounts(fixed deposits account)opened for just that purpose. That way, you won’t feel the brunt of inflation that much.

It’s also real nice to have an investment as if managed properly, it could turn out very profitable but you should note that investments ordinarily take quite a long time before it starts to constantly yield positive results if any.
Sadly, not everyone has the means to have an investment as there are a lot of people who struggle to save. If it’s difficult to save, how then could they squeeze out money to invest?

The truth is, it is not everyone who actually have the capacity to invest no matter the amount they have on them, they'd rather dump their money in the banks till they are ready to make use of it. This is because they are scared of taking risks.  Now the question is "can you save your money in fiat for over two or three years and still get thesame value when you withdraw? You know the answer already.

Saving is still good but keeping your funds idle for a long period of time has a higher chance of reducing its value. There are lots of low risk investments one can channel their funds to like investing in lands which has zero or very little maintenance charge or even investing in gold. You have your money intact and even get returns on your investment.

No one is advised to invest all he has, try to apportion your wealth to suit you. Certain percentages should be kept aside to meet day to day expenses and the other saved for unforeseen circumstances while the excess can then be invested. This way, you can have a balance.

It would always be a life saver on which same as you said that whenever we do decide to take up some investment actions then chance of failure is really there on which you cant really just that make yourself
be able to avoid. This is why on the time that you do have savings at least then you could really be having that chance on having that recovery because you do have the funds,compared into those people
who dont have any financial back up then it would really be ending up on a complete failure. This is where you would really be able to realize about its relevance.

People would really be that normally be having that kind of realization when they are on tough situations. Just like on what others been saying above that once you do have that
different income source or making money methods then you could really be anytime making that kind of savings as you wanted.
This is why it would really be always best to have those back ups from time to time.

That is true, gambling is not profitable and you should try to stay away from it as much as you possibly could. There isn't a reason why you should keep on gambling with the hopes that you will become profitable. I understand that some people may feel like if they keep gambling eventually they will make some money but most of those people end up with losing money instead.

There isn't really a clear way to make money from gambling at all, I think it's quite clear that we are going to end up with some sort of good return from something, and if that is possible then we should consider the possibility that gambling is a thing that will lose us money instead. Investing is opposite, the longer you hold, the more chance you could make money.

 First try to save some amount and don't invest prior to learn well about investment because investment is not easy and you will have to work for it. If you get succeeded in getting knowledge then do some investment but leave some money for other purposes because from investment you cannot take out your used money immediately before enhancing in rate.

 Saving is first priority but investment is also important because it will help you to sustain a stable and happy life whereas saving amount can help you to manage the condition of emergency only. You can fulfil your dreams and needs with the help of investment but you cannot use your saved amount for your dreams.

It shouldn't be an option between one and the other either to save or to invest when you can make plans to fitting both options in your budget. You can save and at the same time have something to invest because investment and savings save different purposes although they work to meet the same goal which is to have money set aside that can be depended on tomorrow. In your budgets the question now is which do you give more important to, that is when you plan for both of them of course. Will you have more money for investment or more to savings? To me having more money set aside into investment is better than having more set to savings and less to investment. Invest more than you save.

I agree that saving should be the priority over investing. If we have no savings, we have no reserved money. It is very important for urgent needs in the future. Meanwhile for investing, it is a good idea to multiply the money but it is done when we have excess money only. Many people said that investing is better than savings but they don't consider the reserved money. Sure, investing can be success or fail. If we put all the money in investment, how we have reserved money?  ???

Of course, we must have stable income from good jobs in real life. If we have stable income, we will be easy to allocate money for investment and savings. But if we still have no stable income, it is better to focus on savings first. Investment is good but it should use the safe money, safe money means the excessive money.

Our savings should also be part of our investment because we are having them kept for us for future use, when we have our savings to have accumulated to a certain amount reasonable for starting a business investment, then we will have to fall back on the savings to get this achieved, henceforth from that time onwards, we are to keep working to maintain the investment have another savings we could later fall back to in the future.

Saving is really good, and it's a nice idea if we save a certain amount of money while earning money, because it will help and it has been helping throughout, but investment is better than saving money. In my opinion, saving money cannot double or put profit in the money you have really saved. There is even a possibility of you spending that money in the name of solving financial problems, but if you invest the money in something meaningful, you will surely get something on top of the money you invested.

But saving, just like the inflation you are talking about now, is now common, and what’s happening is that if you save money that you want to use for something with this current inflation, your budget may increase, and you may not have money to add and buy what you want, but if you invest the money in something meaningful, you won’t lose money, even if you add money and purchase what you want.

Such a solution is indeed quite good and is very possible to be implemented by everyone who wants to experience a good future for themselves through this. But we also need to determine what form it is in, because not all forms of savings are suitable to be considered as future investments, for example fiat savings which generally will only save us temporarily to buy something. So if we want to create savings that can be considered as an investment for the future, I think it is only more suitable for Bitcoin and gold. Because apart from the possibility of making a profit when prices increase, these two assets also have more value in the eyes of many people at this time.

   it requires a goal, further it requires patience. In today's cut through, competitive and show+off world everybody is trying to show off to others what they have. This requires spending money on unnecessary and unfruitful items whose utility fades over time. Moreover investment and that right one is an art which is to be learnt patiently which people don't have or least resisted to learn. Whatever investment strategy which works for one don't work for others. Not all are impatient one. It is just a section of people who don't save and invest. Moreover this tendency is largely seen in young generation (majority) and not mostly in case because of over hype attitudes they had.
   Savings accounts can have a poor reputation because they have such low returns, particularly in today’s economic climate. It’s true when taking inflation into account, you can actually lose money on a savings account in the long run. The Federal Reserve has not been kind to savers, especially since the financial crisis when the Fed dropped the interest rate to a historic low. But even in the current American economy, saving has some distinct advantages over investing. Investing is a natural way of making money and making your dreams reality.

Saving should not serve as our end goal towards financial security and stability but it should only be our first step towards realization of our finances. While a lot of us are focused on saving, only few have taken the risk to take an extra mile and invest their savings. Yes, it could be risky but it’s the only possible way to grow your money and bring you multi sources of income aside from the salary you get from your stable job.

However, I’m not going to say prioritize saving over investing but I guess there should be balance between the two. If we are going to save, then we should see to it save also for our investment, to save for emergency funds and to save for the brighter future of the family.

Everyone here is for sure can avail to take risk while there are people that can't do that much with it and just choose to save for their own future. But little did they know that buying a property and fully paying it is already an investment. Why? That's because it is appreciating while those that have been mortgaging it for how many years are still considered it as a liability until it's fully paid. But what's good with it is that they can rent it out if it's allowed to do so. So, with those savers that didn't know what to do with their money is just to go and buy those traditional assets for their safety if they can't take that much risk.

Inflation is one big problem but that’s not the only reason why you should rather invest than save. Imagine you have $1000 and you save it. Let’s assume that for 5 years, the money wasn’t affected by inflation. When you take out the money to spend it, it will only be $1000. However, that’s not the way it should be. We are not supposed to save money to be able to spend it. We’re supposed to have a source of income from where we can spend at any time. Instead of saving that $1000, if you invest it for that 5 years, you can end up with $5000, $10,000 or even $50,000 depending on how you go about investing it. For me it’s more than inflation.

Many people have found that saving money has been very helpful, but these days, all they need to do is invest it instead of saving it because inflation has caused money to lose value. Even if you save thousands of dollars now, it won't solve your problems because of the high cost of commodities. For this reason, people whose salaries are increasing are not seeing a change in their daily lives despite price increases. as well as having a respectable sum on hand for whenever you need money or in case of an emergency. and there are no huge profits from fixed deposits either. The globe is evolving into new phases. and management is necessary for everything. And the moment you invest in anything, your main concerns will be survival and profit. Survival is crucial because there are a lot of businesses out there that have the potential to fail, so you need to be a good thinker to succeed because investing requires a lot of thought.

said multiple times but worth emphasising again

savings is not your wealth pot. its your emergency pot.
just calculate your housing COSTS.(not luxuries, not random spends). so just the essential housing costs, bills and food necessities(basic staples, not restaurant, not take-out).
work out a timeline worse case of how much time you might need to use a survival budget
and that is the total easy access savings you need to target

once you get to that target stop saving and then put your excess ongoing income into investing

the savings pot is there as a rainy day fund to cover emergencies so that you do not need to raid your investments or be pulled into debt

Get more benefit why have prioritize the investment than saving, actually for emergency fund we can take it from investment without have saving fund. Inflation is big problem had to face by every one when saving their money for five years later or more and investing help us how to get increasing money when invest it more five years later.

Saving money actually have drop valuable with inflation happening very years and $1000 saving fund hasn't the same values in five years later, but when using it for investment assets get potential increasing profitable more than few percent and keep your investment grow up more than fist amount of your investing.
Now make your research benefit between saving and investment, you can comparison with $1000 valuable in last five years and looking right now how much product can purchase with this amount regarding in last five years ago.

i get the gist of it, when we are talking about saving we are also talking about the decreasing in purchasing power which means that we might be saving $1000, but $1000 in 5 years will equate to $600 for example and that already 40% decreasing of purchasing power and that means saving is just us losing money slowly instead of it adding up while sacrificing current purchasing power.
if we invest, though if the APY not so high, maybe 10%, we are already countering inflation our money will be retained, and then in 5 years we still retain the purchasing power.
indeed thats the best way to go with nowadays.
but also, i think increasing salary is also one way, keep finding better job, jumping from one job to another as long as it pays better, is one way to get better life in my opinion.

Both are alternatives to financial health, but saving is very different from investing. Saving is the activity of saving money that can be withdrawn when needed, while investing can provide greater profits for the future. The inflation rate which continues to increase every year will make the value of money in savings continue to decrease, the purchasing value continues to increase making savings not the best alternative for the long term.
The reason many members who comment here choose investing rather than saving is because investing can make a profit without having to work too hard. So investment is the right choice for future financial plans. If you don't need funds quickly, investment is the solution.

Indeed, there are many people who prioritize investing over saving, but there are also many who prioritize saving over investing. In my opinion, there is nothing wrong with prioritizing saving. Of course there are benefits that we can get because by saving, if there is an urgent need, we can take out money. We can easily go to an ATM or bank, but the risk is that if we save for a long time, we will definitely be hit by inflation, but actually it's not a problem because by saving at the bank, there are benefits that we can get, such as making it easier to withdraw money when we are urgent with life's needs. and I'm sure almost everyone saves at the bank because they feel the extraordinary benefits.

investment really provides a lot of benefits and usually if our money is invested like buying btc, land or gold then we potentially won't be hit by inflation but if our money has been put into bitcoin or land then if there is an urgent need of course we will need time to change it turns back into money and sometimes if you force it, for example, if you sell BTC while the price is going down, you will suffer a loss. but by investing and selling at the right time, our money will double, in essence we will get big profits. and many people have become successful as a result of investing.

So in my opinion, in this case, savings and investment are something that is needed and as many people say, only money that is ready to be lost is worth investing.

That's right, if we don't want to have financial problems then we have to be able to invest and also save, some people still can't invest because they are not ready with the income they have so they need to save first then they can try to invest from the results their savings.
The inflation rate will indeed reduce the value of the money from the savings we have and if we still save money it will be very different after inflation occurs The money we have will decrease in value because of inflation.
Yes, when we decide to invest, we must have funds that we can hold for a long period of time so that we are not disturbed when the investment is underway and we also have to have a good plan so that it can be carried out well.

You are right I agree with you. Currently inflation has increased a lot and the value of money is decreasing day by day, so money should not be saved or kept in banks. For example, according to my country, where a laborer was paid BDT 300 a few years ago but today it is BDT 500, the wages have not increased but the value of money has decreased. You are right about this, that investing in bitcoins or gold or land rather than saving will protect your money from inflation. However if you can afford land or gold then you can buy gold or land. If you cannot afford to buy land or gold then you can invest in Bitcoin using DCA method.

I support the choice of investing in gold because it will preserve the value of our assets in the long run. Regarding the issue of inflation or currency devaluation, I do not deny it but I think we should stop exaggerating them. Currency depreciates over time but does not depreciate so quickly that it loses 30-50% of its value in 1 to 2 years, so there is nothing wrong or redundant with saving for emergencies. Inflation will only affect money stored long-term without being used, while money used in the short term is not affected by inflation. We should stop exaggerating things.

I agree with what you said; we still need to have another source of income so that we have many sources of income and not just one source, to be honest. That's why other businessmen are getting richer because they multiply their sources of income.

So, we should do the same. Let's not stop at just one business; let's look for other investment opportunities that can help us grow our capital in the future. Because through investment, we can actually increase our savings even faster.

Firstly inflation can lead to depreciation of the value of money and simply saving without investing money can result in loss of purchasing power over time. secondly rising commodity prices can hinder positive changes in lifestyle despite increasing salaries so investment is considered a better solution to increase the value of wealth. next the focus on survival and profit in investing is considered important, requiring careful thought and management to avoid potential failure.

Saving is good, everyone should save. But if we can utilize that savings instead of sitting it will give us more return in future. Yes I am talking about long term investment. All of us usually save. Everyone has some reason behind saving, some save to fulfill their dreams or some save for business or other things. Most of the people keep savings in the bank or in their own box and it stays the same in the future it doesn't increase or decrease. If we don't saving like this, long-term investment in Bitcoin will pay us more than the invested money in a future (everyone usually saves long-term). We should invest 80% of our savings in bitcoins, and leave 20% of the money to come out of major problems, such as health problems or other problems. It will also saving and make a profit. And also we can't need to seek help from others in times of danger. So you can definitely make a long-term investment in Bitcoin.

In any case, careful thinking and management is really needed for everyone who doesn't want to experience failure, because increasing salaries and increasing commodity prices will balance things out in life so that everyone still has to try more to get more profits through whatever means. However, this certainly will not be easy enough if at one time inflation occurs which can depress the value of each person's money so that each person's struggle will increase and those who are able to survive such conditions will definitely not experience failure.

I also agree with this. Saving money can reduce a lot of value for inflation. It will be best if you invest the money in bitcoin. After bitcoin, the better option is to invest in land.  Next comes the Gold option. I would say that it is better to use money instead of saving it. It is better to get money out of money.

Failure is inevitable but doesnt mean that you cant be able to less such impact or effect on the time that you would be able to experience it. This is why it would really be always that wise that you should really be wary on the actions that you are making on which basing up on the analysis and knowledge that you have gathered or accumulate. Investing? This should really be standard but not all would really be thinking up this option
on the time that they do still have the money on their pockets on which they arent thinking about those probabilities that they could mess up their life if they had made out such bad decision.

If you dont have plans on having a progressive life then it would be normal that you wont really be making any further steps or plans to make your life way more better.
You wont really be just sitting down without doing nothing.

Why the need to choose if you can do both. You can save part of your salary and total money in bank or insurance then use the rest on investments so that you will not be focus on one thing risk. Investment has risk too which can be greater than the inflation that you are considering once your investment goes wrong that’s why it’s still important to diversify your money and don’t put all your eggs in one basket.

Sticking tp basic such as saving will give you some assurance of safety since you have a quick access to your money unlike investment which is dependent on the current value unless you are willing to take loss immediately once you need the money while your investment value is down. Investment is dependent while your savings is independent that’s why having both will give you an advantage on both scenarios which this two excel the most.

yes of course, just last year our country's currency was 10%. Imagine if you save $100k in 2023, the value of your money in 2024 will only be $90k. Inflation is a real and true enemy. But in my opinion, don't invest carelessly, consider the risk of loss too, don't lose your money because you invest carelessly. For myself, I divide my investments into several portfolios, including Bitcoin and Eth in them, even though the amount is only 30% of the total investment value.

Both are necessary for your financial wellbeing, you cannot start investing if you cannot afford to save in the first place. Savings are supposed to be for emergency purposes, in fiat currency, while investments may last several years without touching your funds. The combination of the two is necessary, and can especially be combined with a high interest savings account. Revolut for instance offers up to 4% for USD deposits. That way you're saving and earning a decent interest simultaneously, risk free.

well, you said very well that because inflation decreases the value of our money we save after giving it big time well we also should focus on investing besides savings because investing in good projects or places can make you comfortable due to cash flow like when you see cash flow it will motivate you and give confidence for saving and investing more to make more money.

Well dear I used to say one thing if one gets sufficient salary he/she should divide his/her salary into three parts... one for savings second for spending third for investing. In this way, you can feel more comfortable because wen you see you saving is increasing along with the investment you investment is also increasing will give you mind relaxation. well everybody has his own boundries and issues so this plan may not implement to everybody life style but those who feel comfortable to implement it can do accordingly. well best is that take action at your own end and it is not recomended to follow anyone plan.

It’s actually best if you can do both. Savings could turn out to be helpful sooner or later as emergencies and costs not envisaged do tend to pop up every now and then. If you’ve got some savings, it could help solve these unexpected expenses and you wouldn’t have to liquidate some assets or have to sell off some/all of your investments to be able to solve the problems.

With investments, proper research and education is required as they too could be risky. Not putting all your money into a single investment/project would be extremely wise. Best bet is to to spread your net out by diversifying.

Fiat currency could very well be the worst type of investment anything could ever have. Technically speaking, you are losing money when you hold money. I know that sounds a little weird to some people, because they do not realize the point but the fact is that I have to say it would really not be all that uncommon thing, it's inflation.

So when you are talking about something serious, it has to be considered that there is a possible scenario where you would be able to just put that money into crypto instead and then whenever fiat gets devalued then the crypto will go higher, mainly bitcoin. This is why we should be considering that as possibility and we could potentially make it work somehow with some people as well.

Yes diversifying our investment portfolio will be good as it reduces the risk of running into huge loss as our investments will be diversified and it's very rare that all of them could sink at the same time. You have mentioned three of the best investment one can make because investment in land and gold will yield guaranteed profits and they are for long term as well and while choosing Bitcoin for investment they just need to ensure they are investing when Bitcoin's value is down (mostly bear market) because it will give you good profit in shorter period like couple of years instead of investing at the peak and if it falls then you may have to wait for more years and since gold and land are there for longer run I would saw here we can use Bitcoin for mid term investment so that we can utilize the profit or reinvest a part of it. 

Depends on what will work for you best. Some people are not into investments and that is just okay likewise with people who are not into saving. Difference could originate from the mindset ad circumstances an individual is having. If you are having large scale networks and been in investment industry or if your family does, then there's a high tendency that it would be a better option on your end. However if you are not familiar with taking that much of risk with investments then saving is still a good option however, there would be a limitation to the amount you will be getting at the 'end' depending on how much you are putting into it. In a general perspective, everyone dreams of an investment someday but not all people could take the risk and have enough resources to do so. In most instances people are chasing the necessity to make a living therefore excess money is going to savings and worse, nothing to be put eitherway.

Much better to say to prioritize what would work on your 'set up'. Not because others are doing good with investment, you will be guaranteed of the same outcome as them. Always measure the risk and your tolerance as an investor. If you cannot handle that much of doubt then that should already be an answer which pathway should you engage yourself with.

Inflation erodes the purchasing power of our money over time, making simple savings less effective. Investing in bitcoins, land, or gold may be a more profitable option, preserving and potentially increasing the value of our funds. I lean towards the idea that investments provide better protection against the impact of inflation compared to simply hoarding money.

Savings only keeps the amount of money equal but also reduces purchasing power, common people are not really aware of it until they are faced with the real situation. Inflation is increasing at an alarming rate all over the world which will create a very bad situation in the near future. Investment can give a person financial freedom, but it requires proper knowledge and right decisions about where to invest. Bitcoin investment is definitely the best long-term option in my opinion, because the way the price of

Bitcoin has performed over the past few years, it is very difficult to get such returns from any other sector. But yes every individual has their different thinking which leads to different interest in investing in Gold, Land, Stocks, Bitcoin etc.

OP I actually get your point because due to inflation the money we tend to save doesn't have value because definitely, the price of goods and services will keep rising as day goes by whereas investing on some assets like Bitcoin will make ones investment to grow overtime till it is matured enough then one can decide either to sell off some of his coins of which he can make profits from it and moreover investing on some fixed assets will make it values to increase in the future.

Saving and investing are actually both complimenting each other. If we don’t have enough savings, we will not be able to invest at an amount we can afford to lose, while investing is the only way to see our savings multiplying faster than letting it sleep in the bank with its very low interest.

However, we can still invest through taking a loan but that will only add to bigger risk of losing. But the important thing here is we have goals to invest, that way we can always gain chances to create long term financial returns once we invest our savings in the right coins or right investment like bitcoin.

Savings Money without investments is somehow risky because it might not only be destroyed by inflation but also by other factors such as hunger, emergencies, health care, and much more.

But when you save your funds based on investments, you will also be at the stage of rest, which will definitely increase your money and give you some profit. But when you are going on long-term savings, I will recommend investing in bitcoin, land, and gold. But when you just want to save the money for a couple of years or a short period of time, I won’t advise you to go for land investment because before you gain a profit in land investment, it will take more years than that of bitcoin and gold, so investment is better than savings.

People nowadays are more likely exposed to creating businesses and generate their own income, and leaving the old tradition where workers only focus on a single job and never entertain additional sources of income. Some even take the risk to focus on their investments and leave their jobs since there is more promising profits from an investment than a single day job.

Now, to answer why investment gains more priority than saving, because we always look for bigger financial returns and saving alone is not capable to provide that. While saving is still crucial, but having the resources and ability to invest gains brighter future ahead than simply relying on the amount of savings you have.

people have no option and they didn't even realize it, so many people didn't even think that their purchasing power actually lessened overtime because they don't care enough about inflation, every year inflation is high, even more so after the pandemic, everything has been going up in prices, now despite the pandemic is over any basic needs and commodities aren't really reducing their prices they just go on with the rather inflated price as of now.
i think this is a good sign that many people should start thinking about earning more, one way is to invest, even then there's no guarantee the investment will always turns out to be good.
its just overall tough world to live in because everything is trying to come at us at the same time, inflation, lack of jobs, food crisis, housing bubble, energy crisis and many more and the only key is to increase our income.

Investment is a hedge over inflationary times as we are right now but savings just as the name implies is a life saver at moments when emergency situations strikes and could be that our investment has made or got to a maturity to be be accessed or withdrawn and with an available savings sudden circumstances can be scaled through without having to start looking for where to go borrowing, at times we don't even get who will loan us the money at that time. So what am saying is that, despite the inflation that may affect the value of our saving  we should make sure to have a savings amount left somewhere even as we pursue investment as a way to balance out financial state of things because life situations are unpredictable.

bitcoin and gold are perfect asset protectors, especially bitcoin which is completely immune to inflation, Bitcoin has a limited quantity, and with that advantage the price will continue to rise, while if we keep our money in the bank, the opportunity for its value to fall every month will always be there.
from the money I earn by selling women's accessories online, I have a long-term plan to save bitcoins using the DCA method every month and I will pass it on to my children (nothing else is as convenient as storing assets in bitcoin)

because with investment we can maintain the value of our property our money from the scourge of inflation. if we only save the value of our money will clearly decrease due to the scourge of inflation. which is of course the value of inflation is higher than bank interest. so if we only saving, of course we will lose.

Saving has always been a bad idea from the day of inception but many of us didn't just realized how bad these institution has been making use of our money to make more money from the profits they get from us. The banks literally own no money, what they do is take your deposits and give it as loan, make millions and billions profits after the end of the year and reinvest the money again and the circle continue with more and more profits and they give you small cuts from these billions with 2% yearly interest of your deposits, isn't that bad and wicked.

When you want to invest, don't always based facts on Bitcoin, land or even gold, please explore into other investments that are good for long term because even Bitcoin is not perfect investment, it has its own disadvantage. We have some good stocks that are still healthy and worthy to invest on and after some time, they can give you something amazing in the future or better still diversify your investment into different things if you have much funds to allocate.

In several posts I made, both investing and saving are equally important. so when we can do both, why not? And doesn't saving guarantee the sustainability of our investments?

In this life we can only plan for a better future, but we will never know what will happen to us from one second to the next. Investing is a form of effort to create a better future, and so that our investment can be protected, we must save so that when we are faced with an urgent need, that need can be answered without having to disrupt the sustainability of the investment we make. . Because sometimes when we are faced with an urgent need, this can push us into impulsive behavior to the point of making the wrong decision, such as withdrawing the investment we made even though its value is falling.

And as wise people, we must be able to differentiate between savings and investment. and simply put, savings are an emergency fund, while investment is a guarantee for the future.

It should be if we want to have a better life in the future. Investing is just like planting trees and after years of cultivation and growing, we gain long-term benefits. But saving is different as it never grows our money instead, the value becomes small due to the continuous market inflations. That is why it was hereby encouraged to plan for investment, taking this opportunity is the best solution to the growing inflations. Otherwise, we make our life too difficult in the few years from now. We have to remember that not all the time we are healthy, investing will save us when we can no longer work.

I tend to disagree that we should prioritize investment over saving, my argument is that we never know when we will need an emergency money. Investment is not always quick selling, Bitcoin or Crypto for example, there will be a time when you need some emergency cash but your the market condition is not good, and if you sell your Bitcoin at that time you will suffer significant loss, but if we have enough saving to cover the emergency we don't need sell those Bitcoin at bad time.

So, my conclusion is that we still need to save for emergency fund, for me personally I save 6x of my average monthly cost for emergency, when we already have enough money on our saving for emergency, only then we can focus on investing and stop prioritizing on saving.

Most of what inflation does is obstruct business, if you can invest in a company that can somehow make progress despite that headwind then you should go for it.  Problem is alot of retail shops especially get blamed for raising prices when they dont have a choice particularly, they are at the tail end of the supply chain arriving at the customers wallet who demand lower prices while earning less.

Gold has a set weight per the dimensions you can measure, nothing else will exactly match that so it should be fairly easy to check.  They had a balance or set scale made for gold coins a century or more ago, only an exact coin with proper dimensions will fit inside and it must counter weight to balance as valid exactly as expected.   Theres not much chance to get past that double requirement in terms of fraud its fairly safe but sure its possible in theory with much effort, normal coins are easier to fake as the element is not pure like a gold coin.
  With reference to investment, gold is just a plain commodity no yield not actually investment any more then if I sit a barrel of oil on my lawn or a cart of oranges they have a cost to keep and give me nothing back before sale.  I kinda apply the same to BTC, just plainly kept its not got a yield so I class it as commodity speculation not investment.

Investment bring profit in the larger scale in comparison to savings. To the increased profiting, there is high risk. Not everyone have the mind to take big risks. Through investment it is possible to increase the number of income sources whereas with savings the income is limited as well as the percentage of profit generated through savings will be very minimal. Savings is mostly preferred by people who doesn't have much knowledge about the possibilities available to make their savings better for future.

You could try saving your money in a "De-Fi" protocol than a bank. Rates for stablecoins are a lot higher than those offered by traditional savings account. The key is to find ways to grow your capital to help combat inflation. Combining saving and investing is a must these days.

While crypto promises solid returns in the long run, that doesn't mean it's "risk-free". In fact, the risk of loss is higher due to market volatility. You should diversify your investment into more than one asset to protect yourself against this. What you do with your money is entirely your decision. As long as you don't spend more than what you can't afford to lose, there should be nothing to worry about. ;)

I share your enthusiasm for prioritizing investments, but before diving in, I believe building a solid emergency fund of 3-6 months' worth of income is crucial. This safety net provides peace of mind and protects against unexpected expenses. Once that's established, if your income still feels limited, consider investing in yourself through learning new skills or taking courses. This can potentially lead to increased income and open up better investment opportunities in the future. Remember, there's no rush to jump into volatile investments like crypto until you have a strong financial foundation.

I remember the term "don't plant one tree in a large garden" and I think there is a connection with the way of thinking that applies one budget to one type of investment, we are not assuming anything negative for bitcoin investment but the risk of bitcoin is very high compared to other investments due to the influence of market volatility, the solution It is appropriate to diversify investments into various other options which are recommended for gold and land because their prices remain stable even though the country experiences inflation. I think if we organize proper financial management it can be easier to manage various types of investments because any losses will be recovered from other investments.

Lets just be realistic and i do agree into these sentiments on which its true that crypto investment is really that higher when it comes to risks on which there's no assurance that you could really be able to make money.

We do know about the golden rule when it comes to investment on which this is something that do talks about diversification on which you do know that this could really give out that chance
that you could really attain or achieve on having that financial freedom and this is what most people do really aim for on which that freedom when it comes on having tons of money.
Diversify as much as you could and make investments and business on which it do really give out that opportunity to have lots of income source.

Priority then it would really be that just depending on what you do need but it doesnt really need up that crucial thinking on which we know that
common sense is really just that enough to find out on which one is better.

Well, in general perspective, investment generates more money than saving however risk is present on the extent that the investment could be a scam or not profitable. It simply depends on what type of a person you are. If you're interested with investments then it would be best to be a pathway however there are peopl are are more comfortable with saving because risk present is only if it will be used for other things which could decreease the total amount of savings but dependent with the discipline an individual is having as long as the mindset he/she possess. What's more advisable? Determine which will be suitable for your lifestyle and priorities.
Well, conclusions are sometimes misleading. Not because someone avoids investment it will automatically lose the possibility that he has knowledge with investments. It is just a matter of preferences to an individual. There are interesting ideas in the field of investment but not alll would be interesting enough to pursue or actualize. I know some peopl who knows how to handle a situation than peope who just chooses their own way.

There are many reasons why people are still considering saving their money.

1. There are people who are saving money for emergency funds. I will use myself as an example because TBH, I don't put any money on banks that's not intended for emergency purposes. Yes I'm still saving, but not for the sake of profit, or interest, but I'm saving just in case something bad that happens, and I need money. This is the one that many savers must consider. If they're putting their money in banks because they believe that it will grow there then they're wrong.

2. There are people who are saving their money because they aren't that knowledgeable enough when it comes to investing. I mean when there are people who don't know how to invest, but they want to keep their money safe, banks are their number 1 option. Yes, there's nothing wrong with that. It's just that they don't know the concept of inflation, and the buying power of their money is going down because of it.

Telling people to invest instead of saving isn't as easy as you think. There are some people who don't have free time learning anything about investing. There are people who sees investing as a hard thing to do thus, they will not be interested in trying. There are some people who'd rather save it instead of investing because they're afraid that their money might loss if they do it. There are many reasons why people prefer saving more than investing. In the end, it will all comes to how literate that person is when it comes to money.

In my case, I believe that I'm literate enough to know that saving just for the sake of profits is a no-no. I'm always prioritizing investing, but I'm not forgetting to save my money as well.

Another thing that you can do to help you against inflation is to find a steady job because that way you'll be able to make sure that you're not relying too much on your investments, with steady paycheck you'd be able to prevent yourself from getting too many cookies in the cookie jar if you catch my drift, you can rest easy that you're getting more profit because you're not losing a lot for essential purposes.

considering investing is good, but it must be proportional to your savings, I think here is the money used to survive or your monthly expenses, so you set aside for that, then you reinvest it.
because over investment is also not good, you have to divide it for your needs and your emergencies.

Having a plan before investing is very important, because if we don't have a plan before investing then when we are investing and we have obstacles that we didn't expect, of course we have to end the investment early because we don't know how to deal with the problems we face. It would be better before we decide to invest so that we can prepare savings first for needs that we cannot predict and must also be able to meet all the needs that we need and don't let us invest too forcefully and not be able to meet the necessary needs.

I don't agree with that, though I understand that a person needs to first accumulate money, and create capital that they can use for investment purposes, but you can't call that savings, because savings are not supposed to be used for investment purposes, and you should have a different accumulation that you will use only for investments and nothing else unless very urgent and necessary.

Taking loans for investments is only good if you know you have a foolproof investment idea that is guaranteed to earn you profit so that you don't just take the loan, invest the money, get nothing in return, and then have no money to repay the loan which will cost you 2x as you have already lost your investment and then you will have to repay the loan from your pocket.

summarizes all my savings and investments. Crypto investment is the main thing for me, for example, if I have made a profit, I save to allocate it to buy land for a certain target. For me, land investment is good for the future and can produce farming. And it all has risks, but if you understand the material it will be easier

I think that's right. As long as there are extra funds that are apart from daily use and can be guaranteed that they won't be disturbed, of course it's very good to invest in gold, crypto some is saved for sudden needs. However, it is not recommended for deposits because the interest rate is very small and cannot be used immediately if necessary.Some investment profits can expand investment into other things, such as trading in basic necessities that are needed at any time, because this is certainly very promising.​

That's why Bitcoin is king. With Bitcoin, your savings can also be an investment. So the best thing to do in my opinion is to save in Bitcoin, that way you have savings that are also an investment.
But that savings should be a long-term saving because we know how volatile Bitcoin can be.

What I do is, when I'm saving for something, which is usually in the short run, I save in fiat. It's usually 2-3 months so inflation doesn't eat too deep despite how inflationary my local currency is. But when I'm saving for something that's a long term I do it in Bitcoin. That way I have a higher chance of making a profit on my savings and I don't have to worry about inflation.

Both understandings are here.

In the quote above, it clearly states the priority of both, the understanding is that crypto/Bitcoin is a value that moves from time to time, where you have a long or short term increase in the value of the asset you invest in, Saving certainly doesn't add any asset value to you, whatever you save is what you have to take.

Investment increases the value of assets not only in crypto/Bitcoin, land, gold and so on can also happen, saving is of course what you save, that's what you reap, it doesn't add, that's the reason investment is prioritized.

Savings keep money unchanged but every investor has a hope when investing. It is not possible to make savings at home because they can be easily spent if needed, and if money is saved in the bank, there is a risk of money because nowadays the cases of bank bankruptcy are common. Hardly saving money all our life, if at some stage in life we have to hear that the bank has gone bankrupt due to which we have lost our money, then perhaps there is no worse news than that. The bigger issue than bank failure is that there is no change in money, but if you keep money in the bank, you pay a certain amount of interest to the bank. But if I invest that money in Bitcoin without saving, then I don't need to pay any extra charges and there is a possibility of good amount of profit in future. Basically I prefer investing money over money transfer because of these reasons.

In my opinion this is nothing more than a choice, or that means everyone has their own choice, but for me it is better to invest than to save, because investment is a place that can develop the amount of value of our money even though we are sleeping, while saving, saving is also good but on the other hand saving cannot make your money grow or that means your money will not be able to increase. but if investment in other words is exactly the same as saving but the difference is that investment can increase the amount of your money when the asset you invest in increases, but before you invest it is better for you to learn first about this investment, before you try it, But if investment in other words it is exactly the same as saving but the difference is that investment can increase the amount of your money when the asset you invest in increases, but before you invest you better learn first about this investment, before you try it, because after all investment is also an activity that has certain possible risks not only do you save money and then you get pasive income, meaning you can experience a reduction in the amount of money you allocate.

Therefore it is always recommended to learn in advance about things that smell of investment, there are many accesses to learning and you can get a lot of references to learn about investing, one of which you can search on some social media such as YouTube or other platforms that provide online classes about this investment, and I hope you can consider this as well as possible, as I explained above that in this investment there are also certain risks that can cause you to lose or make you not want to invest anymore, so consider better and learn well so that you have a good understanding of investing. On the other hand, most investors fail because they make investments not based on the right understanding and knowledge that makes them misguided and lost in the cycle of losses that dominate.

i think more that we should prioritize saving over investing. the reason is because when we invest it means we are investing in an asset that has risks. if it's a stable asset, like gold, it's probably a good investment, but if it's riskier it doesn't seem like a wise decision. because no matter what, someone is obliged to have savings, to prevent sudden events or to save for their old age. then after saving they can think about which investments have potential in the future with less high risk, such as gold, shares or bonds, or which are more risky with higher profit potential such as bitcoin or popular altcoins.

What difference between saving and investment? actually investment assets has function as saving when get emergency needed without get much problem for selling our bitcoin investment assets. I have put all my saving money in bitcoin investment assets and keep accumulate few amount of bitcoin every week, I think than put my money in saving fund without get increasing the values better hold it and use as capital for investing in bitcoin and some potential altcoin.
If I have a fairly urgent need, I can sell my bitcoin investment assets at a price that is slightly more expensive than the initial price I invested, much more profitable than hold much money in saving assets.

Saving keeps your money from moving to generate profits and conversely the value of the money we save continues to lose value.
Investment has two potentials, generating profits if executed correctly by choosing one of the best investments ever, losses if the investment is carried out not based on correct knowledge because along the way we choose several things that make the investment a loss.
However, both must be implemented because in my opinion savings are also needed to meet certain needs and investment is a way of preparing for a better financial stage in the future.

When you save, your money does not move. You are missing the opportunity of maximizing the time as your instrument in order to increase your cash overtime. This is the reason on why there are investments in which banks would often borrow your money in furtherance of their other projects and you will receive a corresponding interest rate depending on the amount that you invested.

This principle can also be applicable in cryptocurrencies given their large store of value. If you purchase let's say 1 BTC and HODL it, you are not only saving (due to its store of value) but you are also maximizing the opportunity of earning more in the process due to BTC's high volatility.

In conclusion, people should definitely invest money. But again, investing is not as easy as it sounds since you must also take responsibility of your investments in order for them not to lose value during a critical time.

savings is the short term activity to create a buffer to cover short term events so that events do not then harm investments
savings are not suppose to sit idle forever or be contributed to forever to then never invest.

you simply need to plan a budget amount you deem fit to buffer any short term incidences that would normally get you in debt. and save up a rainy day fund for that.. when you reach that amount. you stop contributing to "savings" and then put your excess income that was going to savings, to then go to investing..

then when incidents happen you are then not having to touch your investments or have incidents hit your investments. and instead you USE the savings to cover the incident to "save" you from investment loss potentials or "save" you from needing to use debt

when incidents happen you are suppose to hold and not move your investment. but instead move(contribute and diminish) your savings when incidents happen

..
alot of people on this forum from around the world are revealing that education systems do not teach economics properly
they instead flip things around and wrongly tell people to use dent for instances (thus paying double with debt interest) to not invest and instead "save" to waste the savings on hoarding as a "wealth" measure or spend frivolously on lifestyle consumption as a wealth measure
.. and this bad advice is why people dont prosper

savings is not a total wealth measure. savings is the short term event buffer to save you from using debt or having incidents hit your investments

savings is a small EASY ACCESS amount for incidents. dont put the short term savings into locked long term investments hoping to add to your wealth. keep the small budget for incidents in easy access to literally save you from incidents hitting/harming your investment/wealth plan

Prioritizing savings over investment is a death sentence, investing should be what should be prioritized. When you're saving you're accumulating money that are static but money isn't meant to be static, it's meant to be active (moving) and that's why it's called a currency. Saving puts your money at rest which isn't what money is supposed to be doing. Every penny that you own needs to be working to produce any penny and that penny produces it own penny and so on. When you master this you'll never lack money because you have found a way money is working for you and not you working for money.

The rich makes money to work for them and they didn't do that by saving their money but the poor works for money then save and hope they can get their dreams things but never get to own them because they haven't understood money. Investing is risky but life itself is a risk and the biggest risk is not taking any risk at all. Develop the habit of making informed investment decision and you won't be scared of the risk involved as you're taking a calculated risk that gives you a higher possibility of coming out successful.

Saving was valuable in the past but not in today's economy, saving to spend is outdated but if you're saving to invest that's still a welcome development.

Both need to be prioritized because if you don’t save, you will find it hard to start investing, and if you don’t invest, your savings will never multiply. So its more of a perfect combination. Now, investing may takes more risk most especially if you are still not knowledgeable on your investment, but if you make extra efforts on educating yourself, you will realized that every investment comes with great rewards, and that those who lose may not actually have ended with the right investment.

Saving is a partial storage activity for revenue for future purposes. Saving also collects a certain amount of income/money in a certain amount. The purpose of saving also varies, including to help large purchases or even for short -term investment.
Whereas investment refers to the allocation of money or other sources of income whose hopes will benefit in the future. It also requires sacrifice at this time for benefits that can be anticipated in the future. Investments can also be in the form of purchases of stock assets, real estate or bonds, with the aim of growth in the value of income from the assets themselves.

Saving in general is done only for short -term purposes. For example emergency funds. Whereas in investments to achieve long -term goals.
Yes, but in saving and investing there are also risks that must be prepared. The risk of saving is low, because it involves financial products that can be safe, such as deposits there is savings. While the investment involves a higher risk than saving. Because seeing the value depends on the value of market performance. For example, bonds and stocks can experience changes in value.
The rate of return on saving also tends to be easy compared to investment. And the flower is determined also usually already certainly low. While investment is higher, because in the long run. Although there is a risk, this can provide benefits.
In saving there is also a risk of inflation, where a situation occurs in the price of goods and services. Factors causing inflation include high demand for an item or service that makes it increase. Other causes are also an increase in production costs and an imbalance between demand and supply. The first impact on people's interest in saving is the loss of the value of money. This means that the value of money possessed by a person is reduced, so that the money set aside for saving is not proportional to the expected value in the future, from that saving is suitable for the short term.
The impact of the two inflation is the interest of people to save as well as uncertainty. Means that the person who saves must take into account the possibility of an increase in the price of goods or services in the future, so that the amount of money that has been stored to save must be increased so that there is an anticipation of such an increase. The third impact is also a more profitable investment opportunity. This means that people who save must consider investment opportunities that are more profitable than saving, such as stocks & gold.
And maybe you can also conclude the interest of people to save. Loss of money value, uncertainty, investment opportunities is more very profitable, and all contribute to the decline in people's interest in saving.

Therefore, it is better for investment than saving. But yes everything also has a positive side and negative side.

Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.

There is a misconception here. Leaving money in the bank account is also an investment, namely in the bank's liquidity. The bank pays you interest for this. This interest is not paid because the bank is charitable, but because it needs the money to build up its own equity and to issue loans. If the bank goes bust, the money is usually (partly or completely) gone. It is therefore also an investment to leave your money with the bank, albeit less risky (at least with stable institutions).

Keeping your money in a bank account is not the same as investing, it is called Savings. If you choose to leave your money in the bank, you may earn a very small amount of interest each year. However, this may not be a very profitable approach that's why you cannot call it an investment. The bank is the only one that benefits from using your money, not you. Therefore, keeping your money in the bank is not an investment.

Saving cash in a bank can feel like watching it slowly turn into ice cream soup thanks to inflation. Those interest rates are smaller than a thimble, leaving you wondering if it's even worth the hassle.

But hold up, before you ditch the bank like a bad date, let's consider the options. Starting a loaning business with friends sounds cool, but let's be honest, money and friendships can get tangled faster than Christmas lights. Setting clear terms and stuff is crucial, but even then, things might go south faster than a rogue shopping cart. Drama alert!

Low-risk investments can be a sweet spot, offering more bang for your buck than a bank account without the white-knuckle ride of riskier stuff. But do your homework, like cramming for a test, before diving in. Not all "low risk" is created equal.

Not too fast in my opinion, I get your point here about why investment is better than saving just because when you are saving money your money could easily get eaten up by inflation lowering its value through the years of saving up. But for me, it is still better to build a financial foundation first before even going and investing in something like Bitcoin or cryptocurrency something like that, because if you dont really have the financial foundation to start your investment could easily crumble and you very vulnerable on making the wrong decision something like you end up selling your Bitcoin just because you just needed the money since you dont really have something like savings.

For sure Bitcoin is a huge investment and over the years we surely already earned a huge amount of profit through years of investing but it is still a very risky investment and it wasn't guaranteed that Bitcoin is going to still exist after 5 years for sure it could easily disappear if you doesnt have a backup plan after than then you just lose everything, For me it is better to prioritize savings make sure to do savings, emergency funds, insurances, etc. before even starting to invest to something that is very risky like Bitcoin so that you always have that plan B, as well as it, is easier to HODL for the long term since you have liquid money that you could use instead of expected return to your Bitcoin investment in just a few weeks or months.

saving is not suppose to be wealth creation. its not even suppose to be long term stuff of continual gathering all excess income of

EG imagine that you earn 2000 a month
900 is house cost
400 is groceries
300 is other bills

leaving you 400 excess and 1600 expenses
initially for 4 months(4*400) you save up 1 month of bills(1600) as a savings rainy day fund.
 
after that you can then use the 400 a month on investing

whereby if inflation is say 6% OVER THE YEAR
house bills next year will be 1696 a month
meaning you only need to set aside 96 sometime over the year to top-up to keep next years rainy day fund onpar with inflation..

meaning you are not having to avoid investing, you just plan things better
for instance 96 a year is just 8 a month. so instead of investing 400 a month, you invest 392 and save 8

the point of savings is a easy access pot that is not locked up, so that you can cover any temporary incident, without having to remove investments at a bad time or rely on debt to cover the incident

Investing is thousand times better than saving money. One of the reasons for this is that saving money tends to cause inflation within a few years, causing the money to lose its intrinsic value. This causes loss to the person who saved the money. On the other hand, if a person invests money in various profitable sectors, he is most likely to benefit from it. For example, if he buys a good land or invests in a shaft, he can earn a good amount of profit in a few years. So rather than saving money you should invest your money. But you must be careful before investing.

Why do you think Bitcoin volatility is negative volatility even though Bitcoin can still provide profit opportunities for many people through the investment and trading sectors at this time? And regarding the problem of saving at the bank, actually I also agree with what you say, although maybe not all banks do that because local banks in my country don't cut much monthly costs like you said, except for deposits which can't be zero or In other words, there must be a small remaining balance in the account so that the account doesn't die.

Volatility = Profit

People wouldnt really be diving into crypto space which it isnt limited only on Bitcoin but also in overall coins that existing into this market since they could really be able to play with those moving
prices on which if they werent moving in the first place then it would really be just basically means that you wouldnt really be able to make money and this is indeed fact the reality.
There are really just those individuals who do really love on dealing up with crypto space since the level or the volatileness of this market is really way more higher
compared into those traditional markets that we are getting used to.

If you do really know on what you are doing then you could really be able to utilize these movements for your benefit or advantage but of course
the risks involved isnt something that you could really just that confidently be able to deal with.

Saving money all the time is the wrong thing in my opinion because maybe your money increases when you save but every year the fiat exchange rate decreases so you could say that we save too in vain, like walking in a different place with investing because our money can work for us. while saving we work for money, I think it's like that

Holding any currency will not be profitable because all types of currency also experience inflation which can reduce the exchange rate even lower, so allocate your budget to diversify into various low-risk investments such as investing in gold, real estate and other businesses, but it is important that you add Another investment for bitcoin with the DCA strategy for long-term investment purposes, we have seen a promising recovery in bitcoin prices after each halving and imagine if in the past 2 years you committed to investing in bitcoin it would have generated very high profits.

Some people will always say saving is better than the other but it is only said by those people who doesn't have any plans of getting more money. If you save without investing, what are you saving for when you have the power to multiply that savings through investment? To me saving without investing is like a waste of time because you hustle to save for nothing, unnecessary spending.
To save is good but when you don't add the two together (saving and investing) then you're not moving forward, it's better you have a plan to increase your income, when you have a good plan that's when a better investment comes in. We should never forget that some people invest wrongly too.

If we want to earn income many times over, of course investment is our choice. If they are already playing in the business world, they don't have any assets to save in the form of savings. On average, they invest in fields that can provide greater profits, so we Everyone must be clever in seeking profits, even though the risk of investing is greater than saving, the results we get from investing are sometimes beyond our predictions.

It is absolutely true that one thing will not bring you the same result that you can get with an integrated approach. You need to be able to save in any case, otherwise you will not be able to create capital, either at the very beginning, or when you establish a financial flow.

In the same way, you will not be able to get the optimal result if you invest borrowed money, because you will always have to give someone a part of the profit. What happens if the investment is unsuccessful, or it takes longer than you originally planned? Yes, in the end you can even make a loss.

I say pick both when you have the capability, and if you don't have the means to do both, choose which one's more suitable based on your current financial situation and future prospects.

Thing is that saving has its perks as well. Including the fact that you could easily rely upon it in situations wherein you would need money ASAP. Investments wouldn't be the venture to depend upon for this one as you would either need to sell them first to liquidate their value, or you can't take the assets out since you're using them for passive profit anyway. Savings on the other hand while not necessarily reliable when it comes to producing profits, are there for you when the skies turn gray and you need instant cash to use. Which is why for those capable of funding both anyway, might as well do so instead of choosing one over the other.

For those financially incapable of funding both an investment venture and a savings account at the same time, I say choose one or the other instead. But gauge what you need at the moment, and what you think you'd need in the foreseeable future. Do you have a close family member that needs surgery money, do you have a massive purchase looking to close in the soonest time possible? Perhaps a savings account is more suited for you. On the other hand, if you're looking to instead increase your capacity for profits, while still having all the time in the world to finish a 9-5 and have a life, investment ventures such as house-flipping or crypto is going to be more along your avenue.

It's all about looking at your strengths and capabilities to capitalize on them.

It is costly for every investor when hard earned money loses value due to inflation. No one wants to accept the depreciation of the money an investor accumulates over time. But as an investor he can do nothing. Because if you want to save money in conventional system, you should invest considering these things. But to solve this problem, Bitcoin investment has brought about a radical change so that if an investor holds Bitcoin, he will be protected from inflation on the one hand and his savings will also grow. Any investment is risky but investing in Bitcoin can definitely be profitable in the long run.

I think those who invest will of course be able to make a profit if they can do it well and if someone saves their money then this will be very unfortunate when inflation occurs of course it will reduce the value of the money they save because of inflation and every investor of course they will can choose well the type of investment that they will be able to get a profit from the investment they make and choosing to invest in Bitcoin will indeed be very profitable if we understand it well and have a strategy in collecting of course we will be able to get a profit from the investment.

Without we hustling there won't be any savings and a plan to invest so anyone that doesn't have the mindset of replacing any spent money has already planned to failed. Me on the other hand I won't advise anyone to start any business or investment with borrowed money (although it woorks well for some), is like you're paying your rent after every hustle, sharing every bit of what you have struggled to get with a second party (like you have a target to meet just to pay up the debt).
What sometimes causes an investment to fail is when you don't have an idea of the kind of business you going into, maybe you started the business because you saw other people progressing through it so you have to join without knowing the in and out of the investment, like Bitcoin is a must for you to have the required knowledge before taking part if not you'd just be floating around without any gain. And you shouldn't expect your investment to bring a particular amount in less than no time.

exactly! So it's better to advise that you should have investments not just savings, because if you're talking about savings, it's just in the bank or wherever you put it, it's just stock and your money doesn't grow, unlike investing anytime you can make a big profit as long as you invest your money right. And if you're talking about investing, of course you can't just invest, you first need to know how, when and where to invest your money, like bitcoin, you should know the movement of crypto and know the pros and cons of investing in it.

its definitely good, but I think if person or an individual priority is to counter inflation i think they could simply choose something like gold, since the price in general is stable enough, bitcoin on the other hand are for those that want to counter inflation as well as making some good profit out of it, bitcoin has shown to be growing by significant amount in just short time if compared to other investment instruments.
thats just how good bitcoin is, after all if we have the mentality of a holder we could've easily profited off the increase of bitcoin this time around.

it's all depends on the preference, personally, staking USDT for example is good enough to fight against the inflation, something that gives stable apy but also keep the risk minimum.
with bitcoin,the safest way is to buy when it hitting all time low, but maybe we won't see previous atl again.

The saving fund potential get inflation in the future and not give much profitable yet although some one have make priority with saving than investment. Move saving assets to investment assets is better for increasing values and less inflation but gold investment and real estate seems not worth yet with taxes transaction have to pay when selling or buying the property. Looking worth investment without any taxes transaction seems cryptocurrency is the best way for moving the saving fund to investment assets.
Get chance the increasing values in the future and there are not inflation yet why have to prioritize with bitcoin investment than saving money in the bank or put its as deposit fund get reward under 10% every years and need to lock our money more than three until five years later.

Investing means growing our money but some people prefer to save their money because they are uncertain about what kind of investment they will choose. Lack of investment knowledge would somehow affect their mindset and fuel their fear which I think was a good decision rather than losing our money. Investing should not be taken too easily as it gives a huge responsibility to the investor. Let us just do this if we think we can do it well but never try if doubts are in your mind.

Therefore, it is important to learn about investment so that you can determine which investments are good and bad, because if you invest without knowledge it's the same lie just wasting money whether you invest online or offline it's the same thing, it requires good knowledge to be able to generate profits, and also need to know that profitable investments usually require a long period of time, and many of us are impatient in running it so that some stop in the middle of the road, that's because there is no good consistent.

but what must be considered before making an investment is that it must have an emergency fund, because the investment made must be good not to be disturbed by something unexpected such as an accident that requires medical expenses to be able to overcome. it by having an emergency fund one of the goals is that, to overcome the occurrence. of something unexpected,  because if there is no emergency fund it could be that the investment made could be disrupted but maybe it will not generate profits, instead what might happen is a loss.

Saving rather than on risking on something which you dont know even about is really just that a good call or something that would really be just that worth on doing so. Instead of taking up some risks without having any knowledge is really just that pure gambling on which it isnt really that recommended on doing so. This is why it would really be that best that you should really be knowing on the things that you are really that dealing with.
Making up some viable decisions will really be needing that corresponding analysis and wise selection on which you would really be that pertaining whether you are really that able to make yourself
that be benefited or not. If you cant bare up with the risks then better save and stop on dealing with it, but if you do saw that you do have the chance then its not really that bad to try.

We do know that when it comes or talks about investment then it would really be giving out that kind of opportunity for you to have a life which would really be
having no problems when it comes to financial aspects on which this is something that you would really be needing to consider it out first.

For definite knowledge and I think everyone should be accompanied, especially if it is for our children. Today we are just realizing that before we became parents, this was previously considered trivial and not really focused on, but after we have experienced it, we may already feel how clearly it is very necessary. On the other hand, the application of living habits also has a relationship with the success or failure of the program to be implemented. both in investment or do saving plan.

If someone is in business, they definitely have savings, but 70 or 80 percent of it is diverted to business. It is much better for the money we have to invest than to save. It is better to grow or develop our money than just in the bank.

In my opinion, investment is the same as doing business, even though investment and business both have very big risks and if they are successful then the profits are extraordinary, usually someone has to be patient in managing these two things if they want to be successful. in the future.

Obviously investing > saving for many reasons, the biggest being inflation.  I do think that saving money is important for life's emergencies that may arise, but if you're trying to maximize your finances, investing is a must.  I prefer to invest in companies that have a long history of paying dividends and increasing the amount of dividends they pay.  That way you don't have to worry about buying and selling, choosing to just hold and collect cash instead.  One such company that is being passed around as a buy currently is Altria, that has been beaten down by anti-smoking concerns and currently pays nearly a 10% dividend.

Keeping your money in bank doesnt really basically or automatically means that you are already safe from inflation. Here in our country it does have that at least -2% on every year.
If you do keep on holding your money or saving it up then instead on having that steady or earning you would rather be losing money instead. If you are a wise person whose really that
mindful about those things then for sure you would really be knowing about those basic stuffs. Instead on saving up your fiat then it would be wise that you should really be making out investment
or business on which you could really be able to make yourself having those potential additional income stream.

You wont really be putting up yourself on such worry if you do already comes or reach into a point that you have multiple income source.
You do have in mind that you can fight off inflation with that since you are financially capable already or able to patch it up.

That's what other people find it hard to understand. Investing your money is a much more profitable approach than simply saving it. Money should be utilized to generate more money, rather than simply being stored away for years without any growth. Failing to make use of your money means you're missing out on potential earnings.

I believe that if not for inflation, saving money isn't a bad idea at all because one can actually save up enough money to make investments and most times, owning an investment requires huge amount of money though investments like Bitcoin where one can start with any little amount and use the DCA to accumulate from time to time until the investment is ripe for huge profits is a very good investment almost same with saving money but the only difference is that the value of Bitcoin one has increases as it's price skyrockets so definitely such investment is affordable and it's preferable unlike saving money in the bank that one can easily get access to and the amount one saves would even reduce due to some bank maintenance charges and all that but regardless of inflation, saving is also good if one can be disciplined enough not to tamper with his savings till it is matured for you to use and start up an investment that would stand for a very long time.

I think what you say is quite true because money will never increase if it is only saved and can even potentially decrease if the owner does not get other money to use and spend it on a daily basis. So the need to use money into business and investment is something that is indeed worth doing in order to be able to increase income in other forms of money so that we can become rich over time if we can continue to be profitable through business and investment that we do ourselves with the money we have.

It is going to grow in itself if we invest it to a known investment that we are aware of that will generate us money. But here's the thing, people who are saving probably have thought of investing it.

As with all of these people sharing their stories online, I've come to notice that not everyone can afford to invest. And with that, they are only saving their money so that there's something that they can pull off in times of needs.

For that reason, they can't risk. But I am sure that if they try it a little by little, they'll eventually get to see that they're able to take risk soon but they don't have to force it on themselves.

Your not wrong but it depends which way and how long will the person invest, let's not just view our investment as money supplier every year or something else. Everyone have their different reasons for investing and some might have another reason for saving their money using fiat currency, in what ways investing should be more preferable compared to saving. You can mention so many investment like gold, bitcoin etc but some investment might not serve as profit due to lack of understanding as an investor, what I'm trying to say is knowing the kind of investment and understanding the terms before investing is the best.
Let's not forget investing requires money and sometimes you need to exhibit the habit of patient or else you can't invest for long.

Simply saving means allowing inflation to reduce the value of your savings, so it's worth investing your savings to make them work and make a profit. It seems simple and understandable for everyone, but statistics show that not many people do it.

Most often, people stop at the saving stage, even having some savings, a person already feels calmer, and they don’t think about inflation, although everyone feels its impact. Investments require experience, even more than knowledge, the hardest thing is to start doing something, it is difficult because there is a risk of losing savings, so most people choose to simply do nothing.

Both are lifesavers.

Though the only disadvantage I could see if the majority of a certain individual is pure savings, it doesn't generate any profit, it's just there sleeping, waiting for you to spend on anything. On the other hand, investing is an active way of generating profits, depending on what kind of investment you're going to do.

For example, you're going to start a business, which most likely is not going to be good in the beginning since you have to get your daily customer first in order to generate profits and a chance to expand your business.

In short, saving is the comfort zone and risking your money in investment is a high risk high reward decision.

It's true that it makes sense to invest the savings you have, but it can't be done carelessly. Of course, we have to be able to know what kind of investment can produce clear profits. We also have to be able to determine good investments so that there are no big losses. Investing offline or online requires good knowledge to be able to generate profits. Don't invest if you don't have the knowledge. which is good, because it could be the same as throwing away the money you have.

However, by saving, of course we don't need any knowledge, but what we have to pay attention to is being able to refrain from using our savings carelessly, because there are people who use their savings for things that are not very important. In my opinion, saving has no risk, unless it is lost due to a disaster such as someone stealing or something else. I also think having savings is important before investing, because we must have savings or emergency funds before investing, because there are investments that are disrupted by sudden needs such as having to pay for hospital treatment when an accident occurs, but by having savings or emergency funds the investment will not be disturbed.

Is good we run away for doubt of our mind, doubt comes when we don't have confidence in what we want to do. When we talk about savings and investment this are actually two different things, I don't blame anyone that run away from investing, it could be either the money they have can not sustain them in taken care of their need or fear of losing everything, the both have an advantage and the disadvantages,

Saving is good but it will be eat up by inflation especially now if assumed I saved one million Naira in last five month by now it have been useless because of inflation, the only advantage I noticed with savings is the entire money will remain in it quantity but reduce in value due to high cost of commodities.

Investment is also a good one because when we invest our money it give us more security in times of spending, it helps in controlling our spending and always add value to the money we invested with, to my understanding investing is high in risk than saving but enjoyable when it work out.

Let us correct that kind of mindset, Investing doesn't work like a magic wand that generates money instantly. Even if you invest in a popular asset, you still need to have a good understanding of the investment and the necessary actions to take in case of unexpected scenarios. It's crucial to educate ourselves and make informed decisions when it comes to investing.

Moreover, patience is very important when starting an investment, because as you said, it doesn't bear fruits instantly. Sometimes you have to wait long periods of time until your investments start generating profits, and to give up on the middle of this process can be a very bad idea which will have as consequences unrecoverable losses which could be simply avoided if the investor were patient and kept his assets or investments untouched for longer.

Nowadays people are too impulsive and immediatist that they want everything for "yesterday". And when things start getting too long to happen, they become desperate and start looking for solutions on the present moment, when there isn't any. I believe part of this mindset is due to people listening to virtual coaches who promise instant profitability and easy life without efforts and sacrifices. They completely adopt the illusions promoted by coaches for their own lives, expecting those illusory scenarios to happen on their realities as well, so they close their eyes for the potential adversities which may also happen. They don't weight pros and cons. Instead, they focus only on pros, because they are told by coaches to think positively in every scenarios.

In the end, they aren't taught how to deal with unexpected challenges, so once they face them, they simply don't know how to act properly, resulting in impactful mistakes which totally compromises the investments. If patience were a cultivated trait, though, things could be different...

In this era of globalization, investing in bitcoin, land and gold is no longer something new in our lives. In short, investment is an activity to seek financial freedom in the future. As you have explained, saving is not the right choice, apart from not producing profits, our savings actually experience inflation. So by investing, basically we will get the benefits after a certain period of time. So we should leave behind a wasteful and consumptive lifestyle, and start investing early for future financial freedom.

Because when we invest, we will definitely increase the value of assets and also the value of wealth. The assets we set aside as investments will of course continue to increase and become more numerous. When our assets increase, our wealth will also increase. Investment is an activity that is suitable to be done as early as possible. So, it's absolutely true as you said, starting to invest little by little will increase our wealth in the future.

The shape of each person's mindset in terms of investment and in terms of hoping to make a profit is different, but when it comes to investing in Bitcoin or other cryptocurrencies you must have a fairly wise mindset, such as not immediately expecting profits to come instantly. Because market conditions don't always work well enough, so in certain conditions everyone must be able to understand that we need to survive when conditions are bad and not panic when we see the price of the assets we invest in not moving well enough in a certain time.

By the way, there are those who believe that in order for inflation not to affect their savings, you can buy something, some things, but the truth is that things also lose their value over time, unless they are some kind of collectibles, then this is also possible classified as investment. We live in a society of consumers, every day we are served a large amount of advertising, and they are constantly trying to sell something, it is not strange that people buy a lot of unnecessary things.

Those realizations would really be able to be encounter along the way or on the time that you would really be dealing up into this market. It would really be that just that depending on how well you do hover yourself into this market. We do know that when it comes to investment then this is something that will vary or depending on how well you do handle your investment and made out wise decisions. Saving isnt bad because we do know that once we do have those savings then it isnt really just that good for emergency purposes but also for investment and businesses purposes too and other things which does involved money.

With just using up our own common sense then you would really be able to make yourself tending to save up and would really be having that kind of opportunity if ever you would be deciding
on going into that venture. It would really be just that on someones personal choice on which things that they would really be getting involved into. This is why it would be
better that you should really be having those plans and having those wise decision once you do decide on taking up a step.

Though simplistic, your approach is skating on thin ice. Will we go deeper? Saving is important, but it's not everything. A stepping stone, not a strategy. The true game? Diversification. It's more than saving for a rainy day or a new project. Spread risks and seize opportunities across a spectrum. Stocks, bonds, real estate, cryptocurrency, etc

Another thing: Financial literacy is required. Make educated decisions, not just options. Making investments without knowing market dynamics, risk assessment, and financial planning is like walking a tightrope blindfolded. You think you're progressing but aren't. Before you preach personal choice and common sense, do you understand the economics? Are you repeating platitudes? Be smart, think critically, and you might succeed in this difficult economy

Saving and investing our hard-earned money are both admirable goals, but investing is more crucial and even a smart move because, any one that has enough money, it's best for him to put it in to business or invest rather than hoarding it in a bank account where you will ultimately spend it all without making any profit. Nevertheless, the benefits will come from all directions if you use them to invest and make a difference in business. Because there won't be any profits and the bank will remove its own if you insist that we should only save all of our money in bank accounts.

However, I do not know enough to hold people accountable for the fact that, despite having enough money, some people are unable to establish businesses or make investments because they are ignorant of market dynamics, which is a necessary first step for anyone who genuinely wants to succeed in any kind of investment and prevent excessive financial loss. Money can be used to make more money, but if we limit how much we can save in our account, even if we live there for more than seven years, then our savings will not increase over time; instead they will decrease.

I also prefer to spread the risk into several things as you mentioned by continuing to make stepping stones such as saving for all these needs. Because before doing all that, of course everyone needs capital which is basically from their own savings for purposes such as shares, bonds, real estate, cryptocurrency, etc. So the savings approach is only the initial part of implementing each strategy on several things with very different levels of risk for each case.

To succeed in a difficult economy is not easy because it always requires precise and intelligent thinking so that you can face all the existing dynamics. Whether it's market dynamics as you said, or other dynamics that exist in life because nowadays almost all jobs that involve money definitely require proper literacy and accompanied by smart thinking.

I think that is part of the risk, there is no activity that is free from risk, especially when it comes to investment. We can only study the situation, study the market, and so on before deciding to take action such as saving or investing. Buying assets such as land will usually be more secure against losing the value of money, or you can also buy property such as a house, to protect the value of money so that it does not shrink due to inflation. You can also buy other assets such as buying Bitcoin, shares or something like that, but what is clear is that you have to understand the level of risk first.

On the other hand, the solution to ensure that the value of money is not affected by inflation as a whole is to divide it, I mean part of it is saved and the other part is invested. As a wise man said, "don't put all your eggs in one basket", I like that sentence. However, if you look at the current era, reducing expenses just to be able to save seems very difficult, we are very much influenced by things that are consumptive.

If we do speak about investment then of course it would really be that automatically twinned up with risks and this is something that you should really be making yourself be wary about those points and this is something that you would really be needing for yourself to make out those adjustments but of course this is something that would be on someones preference and liking when it comes to risks taking.
Some could really be able to bare up with the risks and some cant really be just that able to hold it up. When it comes to savings then it would be also a default thing as an individual.
We do know about those standard things which needs up to be that done but not all would really be that thinking about on what are the necessary steps that should be done.

We should give more importance than saving because investment can increase it later but if one saves then only that amount of money will be saved. Investment should be given more importance than saving. If you invest properly, you can get more profit and it is possible to do something good for a long time. And investment can only increase.

SAVING = INVESTING.

I think that is something that most people do not seem to understand.

If you save fiat dollars in your bank account, you are investing into the dollar. If you are saving euros, you are investing into euros. And so on.

When you think about it like that, you realize that your money is perpetually invested into something. And when it comes to fiat, it will lead to a loss due to inflation in the long term. So obviously "saving", in this case, is not going to help you in your future.

But lets think of it in terms of Bitcoin: Saving Bitcoin is a smart thing because that is just "hodling Bitcoin". And that is exactly what we should all be doing.

It is clear, investment certainly has its own risks because it is related to money and profits and losses. but losses in investment in my opinion can be minimized with good knowledge, so before investing we must have good knowledge and knowledge first about investment and this applies to offline or online investment both have the same risk of loss,. especially if you don't have any knowledge at all it's just a waste of money.

It is also true that with the risks involved in investment, there are those who are able to bear it or overcome it there are also those who do not give up directly to end their investment. in my opinion, saving also has its own risks such as the loss of money saved due to disaster, of course no one knows it's just that in my opinion, investment is profitable if we really run it as well as possible, don't stop in the middle when the investment has not really reached a profitable point.

It is to remain strong despite the unpredictable condition of the market. Investing is not just knowing how to hold but also knowing how to analyze the market and when to sell. Indeed, investing is not a quick rich scheme that after buying it generates a profit already but it takes several months or even years to see it. However, with the up and down movement of the price, we can take advantage of it and play the roller coaster trend to earn more.

Investing will be good if we know how to manage it also because I see that not all investors become successful due to mismanagement of funds and investment. It would be better to have money and knowledge to backup the situation as this is also a common reason why some investors fail.

Yes, there are times when the things we have bought become worthless over time, and this usually happens to young people who only care about a luxurious lifestyle even though it is only temporary, and I think they are used to being like this. then prestige can happen, where when they are used to a luxurious style they will not be able to lower the level of style so even though their situation is difficult they will probably still force themselves to look all luxurious, this is often a problem because they cannot save money so it is difficult too to make investments.

unless you buy things that seem different, such as antiques, which may have a high price value over time, such as paintings that have their own meaning, because I think there are also people who like collecting antiques, and I think this is also including investment, but leading to hobbies.

Your statement is unclear. Each individual has a unique mindset when it comes to investments, particularly in cryptocurrencies where having a wise mindset is crucial but then you are saying that all investors should have the same mindset when it comes to crypto investments, whereas other types of investments depend on an individual's personal preferences?

Savings are necessary, there can be emergencies and times when you might need funds and you can't use funds that you have invested in such situations. Will you sell your Bitcoins even if they are at a loss if you face an emergency because you don't have funds for the emergency? You can't because that means you are wasting your money and instead of getting profit from your investment, you are getting loss and no one would want that.

So it's essential to have savings, you don't need to keep it in an account where you will be charged fees and stuff, create a savings account and keep your savings in it so that you can use them whenever you need to. If you can afford, have both, savings and investment funds, so that you don't need to use your savings for investment purposes.

I agree with this. Investment will definitely bring us more money since we can earn profit from it compared to saving where we just keep our money in banks and won't bring us profit. But both investing and saving are important. Since like what you've said, when there's an emergency it would be difficult for us to use our investment especially if it's doing well. Also on the contrary, if your investment didn't do well, we wouldn't be able to get something for emergency purposes. So aside from focusing on investments, we should also have our savings on the side cause we don't know what will happen tomorrow. Investment will help us earn money and saving will make it easy for us to find money whenever we need it.

In Economics, we were always taught money saved was automatically invested. Took me time to realize that it was only invested into businesses as loans taken. And what you said was true, the value would have dropped making it a vain endeavor.

So, basically what I'm trying to say is that money saved and invested are still automatically the same but we should save our money in the right place. Don't save in banks, save in assets.

in emergency situation you should use insurance to cover, i think people with mindset of keeping things safe always have insurance, but i guess the situation differ from each country to another but general rule of thumb having insurance always helps as long as its not that kind of scammy insurance but a real thing so that we don't need to think about saving up for emergency because frankly speaking the cost of medical treatment are massive.
thats why we can be all in to investment and still can face any emergency situation if it happened to emerge.
i would say, before investing, try to think about what we all need for a living then proceed to invest because thats also essential to not disrupt the investment process.

Investments are made if we already have savings, at least we have savings equivalent to one year's salary, so that if something unexpected happens then this is not a problem. After that, if we already have savings, we can invest according to the field we control, so that if something bad happens it won't disrupt our family's economy. Often people force themselves to invest, so that in the middle of the road investment must be taken to meet their needs

Save enough and put the rest into investments so that the money we have can be more productive and if investing doesn't make you confident then building a business can also be a good decision. Because the money we have can produce much more productive profits than saving. It is better to prioritize investing or building a business rather than saving all the money we have, but savings are still very necessary because there are times when we need money unpredictably.

Investing in bitcoin, gold or land is the right choice because these three investments can maintain value. Moreover, this investment can also provide profits in the midst of inflation and people will not lose the value of the money they have. Accuracy must be done so that the money we have is much more productive in generating profits in the long term.

So true. Whatever our job, we must have the ability to manage finances. Starting from office workers, business people to freelancers, they must have the ability to manage finances, so that finances remain stable and do not disappear in the midst of an uncertain economy. Saving and investing are things that everyone must have to create financial freedom in the future.

To achieve all that, Financial Literacy is very important for everyone to have, this is also so that we are not easily deceived in financial matters such as investment fraud or various other financial related frauds.

Somehow we should think about saving for the time of emergency so that we have to get something when we immediately needed some funds. We can't be so sure when an emergency situation happen so its better to separate some funds for security. Although its really good to invest but the problem there if we can't take out our money when the time we need it the most. For sure we will be in a lot of trouble and for sure to get a lot of stress since we think about we have money but we already put it on some things that we think that can generate us a profit in future but we can't take it anytime we want.

That's why having these two option is really the best so that we can be so sure that we are totally fine and there's nothing to worry about especially when we need something. Some other people may say that emergency cases is rare situation but we should prepare to any possibilities that it will came.

Easy answer, saving isn't giving you profit, it only gives you the same amount that you can pull out whenever you need it in the future and saving is vulnerable to inflation especially if it's the piggybank kind of savings meanwhile with investing although you're risking the money because it grows or regress depending on the value of the investment but the point of investment is that the savings is growing and giving you a profit so totally agree with prioritizing investment over saving but the only advantage of saving in this comparison is that, you can pull out savings anytime as for investment, either you pull it out prematurely resulting in small profit or loss because you happen to pull out the investment at the time when the value of the investment was tanking or lower than your initial entry to that investment.

Having funds for emergency needs should be everyone's priority, even if it rarely happens, at least have preparations to deal with such situations.  Choosing savings and investments is of course very profitable if the finances we have are sufficient to cover everything, the most important thing is that meeting basic needs must be prioritized, the rest can be saved and invested even if the nominal value is not too large.  The most important thing is to consistently set aside every month.

Some savings are necessary in life as these savings will be some recourse in your old age. But of course, investment should be given priority over savings. According to me, investment should be prioritized for four reasons.
 The number one reason is investment will yield a high rate of return which is never possible from savings.
The second reason is if the money is saved and later on if there is inflation, then the profit from the investment will face a loss.
Number three saving is stable and investment is dynamic. We know that status is death and speed is life.
The fourth and final reason is the opportunity cost of savings is high.

It's true that inflation is a major enemy to savings but its good to always have cash at hand and i think they is a big misconception here, we invest for long term or to make profits and we save to store value or to keep value around in other to solve a problem later.

Now we have to understand that every currency in the world is suvering from inflation right now and some currencies faster than others, dollars is one of the currency with the slowest inflation rate now.

You know the concept of having emergency funds around and reserves as a necessity to ensure that sudden happenings doesn't make you sell you holdings or liquidate your investment, so if you have all your value stored in bitcoin or any investment how would you invest further and what If its serious like a health challenge.

Inflation should not stop you from saving, cause what you save can save you, we save for things like emergency and without saving we are not even sure of holding our investment untill we make profits. So to ensure inflation doesn't meet you find a currency with a slower inflation rate to store your funds in and keep it.


I think I've covered saving to solve problems, not every body keeps value for the same reasons, some just want value around, if you want to save to store value while it's not a very good idea cause you could actually invest that money and gain value from it unless for fear of risk of lose in investment.

You can store value in less volatile assets like gold, or stable coins, I guess it's almost alike with the one I explained earlier, except its still involve storing value in assets.

The need for emergency funds is a prioritized aspect of fund management needs, everyone has savings funds to be used partly for emergency funds and partly converted savings funds for investing in gold, real estate or even bitcoin because even though savings funds also need to be converted into stable investments rather than saving fiat which can lead to inflation at any time, so it would be beneficial to keep savings funds in stable assets for future needs.

For the older ones, savings are a must because they can't take any longer risk unless they've got a huge savings that they can attain to lose money by taking risks with investments. It's best for the younger ones to invest at an early stage because they can attain to make mistakes and they can recover eventually, that's why the old ones are good to have with what's left on them if they ever have saved and invested at their young age. And as they grow old, it's best to them to just enjoy the profits they've made to enjoy life.

Apart from that, saving always has problems with inflation. So, the value of your savings could decrease without reducing the amount. However, with investment, we can generate additional income at any time.
However, I also think that it would be better to prioritize investments because they can be a very good thing when we have entered old age, or perhaps retired. The investments we make today can be a new source of income, and in fact, in many cases, people who focus on investments have much more income from investments than from their main job. However, investing is a very good thing, but we also need to save because we don't want to sell the investments we have when we need money in an emergency. at that time, savings are very necessary.

There is a huge difference between investment and saving as you said, saving would only make the value of our money be smaller or the things that we could buy with it would be less in the future due to inflation.
The problem in investment is not everyone is cut out for it, they would just focus on the profit not considering the risk.
One of the biggest example that we could give is those who invested in crypto without proper knowledge, and those who would cry every time that the price drop down.
When investing your money you should always consider the risk not just the profit, most of the investor of crypto focus on the successful stories not knowing the road that they take to be successful isn't easy as we think.

For now inflation is eating up fiat all over the world now, the option is to either invest in Bitcoin or any other asset that will reduce your level of lost to inflation. Investment is the best option now. Any money you keep on bank does not only reduce in value but it is also not working out money for you. The most important thing to make you succeed is to invest. The moment we always think about investment the more we understand and have the thinking of a rich person because investment is the key to richness or success.

Enjoying life is one of the goals when we are required to invest, by investing we can expect something better, especialy in financial terms. But for me saving and investing are both equally good and if possible it's better to do both. We can use our savings when something sudden happens that requires us to spend more money, so our investment will not be disturbed because we still have savings.

We can also use savings for investment, for example when we have a lot of savings we can allocate it to investment. I think that is a good way to do it, because it has many advantages that we can utilize.

Exactly, that's another reason why savings alone won't be a big deal in the long run, inflation will definitely destroy that savings in no time and when you know that you've got 1k USD in savings but then you will be surprised that next month, it's probably valued or worth 998.9 USD, that's how vicious inflation is, that's why when I asked a friend that's been working as a financial advisor, they'll almost always say that it's a good idea to be investing instead of saving alone. Another thing to consider about investing is that you're going to need to balance a life worth living and investing because if you're just investing your money alone and you're forgetting to have fun, the cycle of monotony and despair will be on you and you're not going to reach the age of retirement if you're only focusing on those investments and not having fun, don't put all the money in investments, try to get a vacation at least 2 times a year and get a hobby.

Saving always has problems with inflation but you also need to know that investing also has risks, you can even lose all your assets if you invest in the wrong field or project. Each has its pros and cons, don't always think that saving is wasteful or not worth doing.

I want to ask you, you invested in bitcoin and your investment is losing 50% and you need money for emergencies. Would you sell your bitcoins and accept a 50% loss in value? Meanwhile, if you have savings, you will be able to handle your emergency situation easily .

Everyone always talks about inflation but do people really understand how inflation happens and how it affects our lives in the short and long term?

Investing in assets that already have added value and are liked by many people has now become very important because this must be done under any circumstances. Not only in conditions of inflation, but in conditions that must be done anyway if we want wealth or success in our own lives in the future. Because saving money anywhere is not the key to getting more money other than just facing conditions of decreasing value when the price of goods starts to increase every year.

http://Investment and saving have various advantages and disadvantages. You have a valid point that inflation would be against your savings plan in the long run. This is why there are disadvantages to saving, but rather, you still have the saving, and it could be useful one day to you regardless that the purchasing power has reduced. Now let's get over to investment. If you invest that $1k in something and later do not receive any return on your investment,. You will feel regretful, since we know that investment is high-risk, and the nature of your investment determines the amount of risk you are taking.

So i think both are crucial. You can invest and, at the same time, still save a little. I cannot prioritise one over the other, as i deem it necessary for both to put into consideration.

What do you mean by we can't take it any time we want? Aside ponzi, is there any other investment that you will not be able to take your money when needed? I don't think so. One thing with investment of this type is you might be swimming in a lose if you want to take your money at the wrong time. When you hear invest what you can afford to lose, this is the situation they are talking about. You don't invest with the money you might need for emergency no matter how profitable the investment sounds unless you're ready for the risk ahead.


Reading from OP I see how everyone is speaking about the cons of savings. With no doubt, the value of your savings could decrease without reducing the actual amount saved but are you also aware that in investment, the value of your investment can also decrease drastically without reducing the actual size of the investment? I see both investment and saving as two different entities meant for separate purposes. Everyone can save but not all can invest, it depends on your goals and plans for achieving them.

It's like our end game for this life, we just want to enjoy but if you start to save and invest later, you'll just enjoy it later too. While those that have started too early, that means that they can also enjoy it too but earlier. So you choose what makes you think that you're suitable to enjoy life early but you didn't do necessary actions like buying assets at your early age and when you didn't saved that money of yours but used it for nonsense things.

Saving fiat experiences high losses if we keep it in the bank for too long because of the main loss impact due to inflation, imagine that $100 currently is enough for food costs for one week but one year from now we will need almost $200 for food costs due to the increase in goods and services, so it's time for us change your mindset to convert savings into investment assets that we are sure can be stable and gain profits for the long term, the main choices are gold and land investment but you also have to allocate some for bitcoin investment when market prices fall significantly because the certainty of the crypto market increase is guaranteed for the long term long.

savings accounts swing at like 4% a year. -4% inflation +4% bank interest
however investments swing 8%+.. and here is the thing.. the investment swing is not always positive in investments..
so selling out an investment at a bad time can be a investment loss more then 4% loss.. so you dont want to rely on all your funds being in investments

so putting all your savings into a investment can lose you more money when a surprise happens

the point of  savings account is not wealth accumulation.. its a rescue buffer so you dont need to sell investments at a bad time

all you need in savings is initially  a months worth of true lean expenses (bills)
EG a stop gap if unemployed between losing job and getting new jobs first pay cheque or social security unemployment payment

if you have a mortgage. you dont need to fund the full monthly mortgage amount into savings. you can just do the 'interest only amount' and then add in the ESSENTIAL bills and bare/cheap/necessary groceries to feed you basic meals for the month

so first save that small emergency rescue pot of money.. and realise that the small $1k may not gain money, but the amount it loses is minimal too when considering everything..

THEN the next month put your other excess income into investments knowing you can THEN invest from now on without worry or panic of needing to rush to cash out investments.. because the savings pot is there instead. to rescue you and give you a month of peace to not need to react in an instant

Yes of course the elderly cannot or should not take risks in their old age considering the financial risks the propensity to make mistakes and the loss of support. Because human productivity is not always the same in every stage of life. But before getting old we all should be interested in investing keeping in mind all the limitations of old age considering the time and opportunity in the right place and saving some money so that in old age we can enjoy the investment dividends.

And because human productivity is not always the same, therefore we must be able to think about investing in our future. After we have invested in the future, of course we will be calmer in living our lives and we will be able to enjoy our old age by relaxing with people who we love, because if we don't think about investment when we are still at a productive age, of course we will continue to work to be able to fulfill the needs we need while we are still alive.

It is perfectly said and I totally agree with the writer of this article that investment is key if we are to have financial stability because with the rate of inflation on the prices of goods and services money is fast becoming valueless so while you are quitely saving that your money it value on the prices of goods is reducing but if you invest it into one small business no matter how small the business is there will always be return on investment.
In that way  your money is growing rather than reducing

always remember though not to indulge in over risking the investment because i've seen plenty old people that lost their entire life saving due to risky investments, only invest in something that can be guaranteed that it won't make you lose the money because otherwise what's the point you will come out not having any money while being entirely wasting your life when you are still in prime saving for the old age.
life is never that linear, sometime there's some disaster or something that might drain us of our wallet despite us saving as much as we can for better future.

good news so many of younger generation these days investing earlier than the previous generation hoping to turn around that table fighting against the housing price and inflation crisis that always getting worse and worse, hopefully though many of us who eager to invest for betterment of future get the deserved yields.

According to English or whatever you save, your profit will remain or your capital will remain, so if you invest, you will have to take risk. You have to increase your attitude about investment.  But if you save it or deposit it in a bank, your profit will gradually increase or some profit will come from there.  If you invest that money or you put it on a project, if your project is profitable or palm, you will have profit and possibility, but if there is risk.  It will be possible because if you don't take the risk of the project then your profit will not come in that case.  Everyone has to take risks in business no one can ever achieve success without risk where you have your success over your success.  But whatever you invest depending on yourself or depending on someone is your personal matter but I think that investment is good.

Investment is true to pursue profits but what about the risks faced? Meanwhile, if saving may always be discussed about things that are detrimental even though compared to the risk is very low. So I agree to invest, but of course I don't want to hurry up with an unseen-directed investment purpose, so if I have more money then I will save first. The point is that financial management is very important and of course does not have to mean the same as the others.

Of course, investment is very much better than saving, especially during this crucial era of inflation. Saving in this time is very risky due to world wide inflation. When you engage in savings, you don't expect increments or profits from your savings but in time of investment there is a very much possibility of gaining at the end. The only factor to consider is, one should be careful on the kind of business to invest in. Also to be able to at least master the business and how and when it inflate and deflate.
And also, the money you want to use to invest shouldn't be the one that would be used very soon.




Yes, investment should be given priority over savings, you can also save in case of unforeseen circumstances that might come up suddenly. but in time of profits, investment is number one.  in investment, you should be cautious of the damages and risks involved in the business you are trying to invest in.

The reality is that prioritizing saving or investing is not wrong. it's just a choice for each person, because everyone has different plans. It's just me, the thing that needs to be done is to keep doing both.
It's not wrong for people to prioritize saving. That may be because he feels that the investments he has made are sufficient, or perhaps a percentage of the income he earns goes towards saving rather than investing. But on the other hand, focusing on investing is also not wrong.
Personally, I tend to focus more on investing than saving because I am focused on creating financial freedom. Where the income I get from investments and business can be more than the expenses I make. This will certainly increase the amount of savings I have when my investment is successful. However, I still save, although not as much as I invest.

Although Savings is the best to play but the thing is that many of countries are suffering from inflation which in result our hardly saved amount also losing its value over the passage of time that is why we should also focus on making some investments. If luck goes in our favor we will see a good amount of profit in our accounts but if luck does not go in our favor we can lose our invested amount as well we should never ever invest our all the saved amount only at once because I already said if luck will not go in our favor we will lose all the saved amount we have.

The best solution is that we should invest some part of our saved amount and if we lose it we still have another part of our saved amount. The risk of losing all the funds at once will be reduced well the best thing to play before these kinds of actions one should keep in mind that risk management is the most important part to play safely.

Yes, they're already on their stage of life that they are going to be dependent to their life savings, benefits, pensions and if they've got businesses and other passive incomes. That's why they can no longer take risk and if they've done when they're younger, that's good. But if they're only going to be dependent on some things, the benefits that they can get from government is also a good one that they can have on. However, relying to those is hard when cost of everything and living nowadays are keep on increasing.

Quite rightly since investment strengthens any kind of production process post-investment gains enable one to enjoy quality time with family and loved ones in his old age. Moreover there is no substitute for investment in the economic and personal development of any country. Investment-dependent people make their money production process more efficient and improved. If investment is emphasized among the people of the country then the unemployed people of the country will also be able to become economically independent through their small capital investment and be free from the curse of unemployment.

Every dollar you save is a financial decision. Avoid taking sides, saving versus investing, and focus on balance and longevity. You're considering investing to make money. That's fantastic and active, but every boxer requires a sturdy defense; your funds

All-in investing is like a brawler neglecting his guard. Big shots appear nice, but one surprise (a job loss, medical bill, whatever) can ruin you.  Smart investing and savings combine aggression and defense

This goes beyond a big bank account. Playing the long game, understanding the market, and recognizing your risk tolerance.  Diversification and strategic choices always aim for financial freedom, not just money.  The actual knockout punch makes the fight worthwhile

It's better to be able to do both regularly. now the reality is that everyone has different finances, well of course everyone wants their life to be self-sufficient, it's just that not everyone can be like this, there are people who save but don't invest or maybe vice versa, because in my opinion, investing is like that. This can be done when our finances are stable, with the income we earn that is more than enough for our needs which are always met, when our needs are met and there is still money remaining which might be said to be quite a lot then we save, because investing is also according to I think we have to have spare money or savings or an emergency fund.

because of course our life will not run smoothly, there will definitely be things that happen suddenly and require a certain amount of money to overcome them, now if we live our lives by having savings then when a sudden problem occurs maybe we can still overcome it because we have reserve funds or savings, well, if we only make investments and one day we experience a sudden event or problem and also need a budget to deal with it but don't have savings, maybe the action that will occur is to sell or withdraw the investment made because that is one way to do it. , even though you can get a loan, I'm sure getting a loan is not easy. So I think saving is important, even though it doesn't make you rich, you also need to pay attention to this apart from investing.

Yes that's right. Many parents prefer saving rather than investing, but another reason why people prefer saving rather than investing is because they have no knowledge about investing or have minimal understanding about the world of investment. Even if they know, their level of knowledge is limited. Even if they understand investment, their level of knowledge is only limited to gold and property investment assets.

As a result, this minimal knowledge will cause concerns for them in choosing investments. This level of concern is increasing along with the rise of investment under the guise of fraud, so that many people choose to save for the security of their funds. So I think many people choose to save independently or invest in banks because of a lack of education about investment, especially bitcoin investment. I am sure that if they knew the benefits they could get from investing for their old age, they would definitely choose to invest.

This is true and is also basic logic. The probability of one spending their saved money is very high. This may even be the reason why many lock their savings in a particular account. But that locked money is even going to be affected by inflation more than the money you spend every day. That is why it is advised to either let the money accumulate and get an asset, because let's be realistic, a person earning $20 a month can't buy land or gold with one-time savings, assuming he even decides to save half of his income. Now, we need to accumulate these savings or we pay bit by bit for the asset. The second option most times seems funny and is risky.

Anyways, investment is better than savings, but only money saved can be invested, yeah? You can't invest what's not yours or what hasn't been kept aside for investment, can you? So, both are just as important and are useless without the other.

It is much more valuable to keep that amount of money invested in bitcoin than to save little by little. There was a time when we didn't know about Bitcoin, maybe our family members saved it in the bank. They managed to save some money throughout the year but could not accumulate much money there. Just saved and there was no gain. Now I realize that if they had saved that amount of money in Bitcoin, Bitcoin would have been much more successful today for that amount of money. So those who know about bitcoin experienced bitcoin never save in bank they will always invest in bitcoin and increase their investment and later earn a lot of money. So to me it is never worth saving Bitcoin investment is the most valuable.

I also thought about why unemployed people who don't have jobs don't invest independently at this time, even though that is an important part of what they have to do by eradicating unemployment through themselves. Even though they can only start with a small amount of capital, I think it is also good for themselves in building their own economy over time because the one who is able to provide real change for themselves is themselves. So that's what sometimes makes me a little surprised why they don't do it from an early age to be able to achieve a brighter future in their old age.

You can only have a good savings with your local bank and the savings will increase in value if only you made an arrangement with the bank manager and if not the matter you save with years nothing will come out and the same amount you deposited when you started the savings will still be there or they would even cut it and reduce it for you  by electronic transfer levy. Example. I deposited $2 in one of my savings accounts in the year 2011 and yesterday I got a credit alert of "Credit:NGN5.55 A/C: SAVINGS ACCOUNT CREDIT INTEREST on 01-APR-24". That is amount is $0.0038 for 13 years.  But I believed if it was in cryptocurrency the amount would have increased to a reasonable amount. So investing in cryptocurrency is the best.

I think that investment and savings are equally important - investment as growing assets in the future, and savings as an emergency fund/short term goal. So a person must be able to have these two things, because they are quite important. However, if they can't, they can choose to build their savings first, because savings are emergency funds or short-term goals that will really help the person. Even though it will be exposed to inflation, I don't think it's too significant - another solution is they could save in gold to overcome this.

In the context of our country investment in savings bonds is discouraged due to the unpromising nature of investing in the stock market due to the lack of alternative and robust mechanisms for raising funds. Due to this the countrys limited income people are in a dire economic situation. So in such a situation if people can invest in bitcoins or cryptocurrencies then they can overcome all the obstacles in their economic development and lead a better life and increase their savings. Another thing is that we have to teach the next generation in this direction from childhood and train them by hand.

We must have both to maximize financial management and investment. If you prioritize savings only for emergency needs and other needs then you must be prepared for two risks, namely the impact of inflation and your assets will not increase because the profit sharing interest from the bank is very low, the solution combines with investments in gold, property and bitcoin.

Are you forgetting the fact that investments can fail as well? What if you started a business and it failed and couldn't earn you any money at all? All your money is gone just like that, and since you didn't have any savings and have used all the money on the investment, you are now left with nothing.

This is why, I never recommend prioritizing investment over savings, if one thinks they can afford it, they should do both simultaneously, they should have one wallet or account for savings and another for investment and they shouldn't use their savings for investment purposes so that if they make an investment in the future and it doesn't work out, they would at least have some savings to give them some back up.

This is the mindset of people who are learning how to invest and are starting to make a small profit from their investments. They think they will always win in their investments and that making money is easy and they don't need to save or have a backup plan.

I have a cousin and he is only 23 years old. Before the Covid pandemic happened, he earned a lot of money through business and investment, every day he could earn $200-$300 and it was easy for him. And he started to become arrogant because he believed he was good enough to make money without having to worry about anything. But unfortunately, when COVID happened, his business and investments went bankrupt, and he lost everything. Now, he has to work as a laborer and save every penny to support himself. If he had tried to save a lot of money that day, I believe that his business would not have gone bankrupt and he would not have fallen into the tragic situation he is in now.

Saving is really important, even more important than investing.

They each have a function to perform in our lives. Their modes of operation differ, and people occasionally save to invest, but not these days. The economy's poor performance makes it appear harder to invest in; as commodity prices rise, so does inflation. So, the financial system is evolving. Bitcoin's invention allows you to save and invest at the same time, as well as save in other currencies. And when it comes to emergency you can take money out of your savings. Working with the two of them is not necessarily a bad idea. And having savings does not happen till you have millions. Something tiny can also be saved to address whatever difficulty you are facing at the time.

Combining investment assets into several models has also become a better option now, because gold and Bitcoin have both experienced quite a big increase now. So saving large amounts of money seems to be no longer meaningful now except only for daily use and only for emergency funds, because for large investors they always prefer to increase their investment amount when they have money rather than continuing to collect fiat which in general can loss of value when inflation occurs in basic necessities.

Every conscious person must think about his future and by thinking about the future he saves. Saving is important for every person because as long as you have savings you are very secure. But we should give more priority to investing than saving because saving means keeping money, you can keep it in bank or yourself, but if you keep money, that money will not grow. Although there is no possibility of money growth through savings, but investing will have the possibility of money growth. Investing is riskier than saving, but that risk must be evaluated by every investor because you cannot succeed in life unless you take risks. So to achieve success in life we should give more importance on investment.

When you are young you want to invest more and when old you must save as the time when which you will be spending that same cash is much nearer so the leeway of time for investment returns is not there so much.   If you invest, lose some but gain back returns over ten years when young you can shoulder the losses as near term you are still earning and dont have to worry so much.  The opposite is true when old, you have health considerations and other unexpected capital requirements that mean immediate use of savings there is no leeway to wait for investment terms to come to fruition.

Take advantage of your stance as you progress in life, at an older age you will have more capital and able to take less risk to gain the same amount back.   At a younger age you have less capital but more endurance vs any losses you have the capacity to gain more in percentage terms for that risk taken but its less assured.  When you retire basically it does require a guaranteed or assured income to be a fairly large part of your income.   These two groups of people being diametrically opposite is actually part of a normal economy I think, they occupy different parts providing advantages in their own way. 

Savings are a form of risked lending, ignoring government regulations for a second a bond will be more secure and rate more highly over any savings lent to an institution should the worst happen.   Hence Bonds are the back bone of most modern economies and vital liquidity to company finance but also people like pensioners etc.

Yes, it is foolish to save money according to the inflation of the country's money because it reduces the value of our money. so making the investment will be a very good decision for us. Although investment is very risky, if we can accept this risk and invest in the right place, we can make huge profits and save ourselves from inflation. so I personally think that investment from savings is the best idea to maintain the value of money as well as earn money.

Why you say "foolish" to people who want to secure their reserved money for the future?
It is not a bad decision to have saving, people can have reserved money for emergency or urgent needs in the future. When it is for saving purpose, I also keep it in our currency. It can be easier to use it at any time, we can pay anything with our fiats. But if all our funds to put on the investment, the risk will be too high. There is no guarantee to succeed in every investment, there is a chance to fail as well. Having both saving and investment is a wise way to deal with the risks. Saving enables us to have reserved money to use at any time, meanwhile investment let's us to multiply our money. So, I think smart people won't focus on investment only, they will try to have both of them (saving & investment).

Exactly, currently there are many investment media that provide very profitable offers, what is really avoided is investing in local currency or paper currency, I prefer to invest in property, gold and the most important thing is Bitcoin. I really believe that the three types of investments that I have chosen will provide many benefits when saved for more than the next 20 years. I am also very sure that inflation will not have an impact on these three types of investments.