Get, Save & Invest.

[tygeade]

Agree with what you say because 50% feels big enough for daily needs but on the other hand everyone needs to express themselves. saving is indeed very good but on the other hand we also don't have to torture ourselves for it but of course if indeed the allocation we previously determined is still there, then indeed we also save it for investment in old age as well as for 30% personal desires when we don't If you want anything this month, then we can also move it for investment because this is only an allocation regardless of whether it is fully used or not, the most important thing is that it doesn't interfere with old-age savings.

I would say that even if we are talking about torture, like as in living in a very tiny apartment, even a room, paying very little, and eating noodles, all for just 5 years of our life, could unlock a great life after that but that's a risk we are taking with our life, something we can't get back and that's why people do not do it.

I mean if you lose money, you could always earn more of it later on, if you lose your car, you can get a new one, if you miss out on a movie, you could always watch it online later on, but if you miss out on your life then you are going to end up with not getting that back and this is why people do not save enough, they want to live.

[Xampeuu]

Saving and investing are two different things, saving can be interpreted by setting aside a certain amount of money to be saved and the money can be used at any time if needed. While investment can be defined as investment activity within a certain period of time with the hope that the use of the capital can generate profits or increase in value.
and all necessities of life go into savings and use it when needed and this is very important, and I use 75% of my salary income for living needs, lifestyle, impromptu funds and also my parents. And 25% for investment and for long-term investment and if done consistently and disciplined the results will be felt.

right, saving up to now is defined as setting aside money without risk, just like saving fiat, where the value will remain the same at any time, in contrast to investment, even though it is the same as setting aside money, but contains risks, on the other hand with investment we can increase the value in currency fiat money, which is often referred to as profit. and investing is often referred to as saving in a smart way

[carlfebz2]

Saving and investing are two different things, saving can be interpreted by setting aside a certain amount of money to be saved and the money can be used at any time if needed. While investment can be defined as investment activity within a certain period of time with the hope that the use of the capital can generate profits or increase in value.
and all necessities of life go into savings and use it when needed and this is very important, and I use 75% of my salary income for living needs, lifestyle, impromptu funds and also my parents. And 25% for investment and for long-term investment and if done consistently and disciplined the results will be felt.

right, saving up to now is defined as setting aside money without risk, just like saving fiat, where the value will remain the same at any time, in contrast to investment, even though it is the same as setting aside money, but contains risks, on the other hand with investment we can increase the value in currency fiat money, which is often referred to as profit. and investing is often referred to as saving in a smart way

Saving in terms of fiat or crypto do really share up on the same motive which is to accumulate as much as we could as long we could see opportunity or chances for us to make profits then this is where we do really

make out immediate actions if we do see chances but we know that not all would really be having that capability on doing so due to some factors but its up to someones decision to take.

We do have our own particular goals but do share up with the same motive which is to reach out this particular condition.

[batang_bitcoin]

If we want big profits in the short term (less than a month) and long term (more than a year) then today is the best time to buy, I'm sure that the bitcoin price will normalize soon and return to the level of $40k even more a month, maybe the bitcoin price it can drop below $25k, but the best thing is to be optimistic and don't panic, it's definitely better to keep buying.

And that's two things; saving and investing.
The two terms can actually use for having bitcoin, you save bitcoin and you're also investing. You're right that it's the best time to buy but we always tend to say that whenever the dip comes. There goes the people that have bought already when they've seen it under $30k and dismayed that it had to go low more. Avoid looking at the charts today for some moments if there's no need to do so.

[Smartvirus]

Save money- To save money is good, another popular opinion to support this is that , the money you save today will save you tomorrow.
The problem however results when you just keep saving money pointlessly without any plans on how what to do with it, The worse of all is saving money in fiat banks, that money will loose value in no time at all.

When I comes to saving money, it something that is basically backed by the idea that brought about that savings actually otherwise, it could be pointless. Although arguably, savings in fiat currency and value is relative. Relative in the sense that, not all nations fiat's depreciates or devaluation drastically, using Uncle Sam and the USD as an example. Dollar is a base currency and a relatively stable currency at least, stable than most. One who saves in dollars has little needs for a lot of headache but, that's still not the best of practices.

Money is supposed to make you more money. That's the best way to use money and sadly, money saved in fiat currency is sure to make you non or a very little percent after a very long time. That's unacceptable and the more reason why those with the investor mindset won't save in fiat. Cryptos becomes preferable as it assumes a dual nature being currency and asset. You've just got to learn hodling and be ready for a bear market that is geared at breaking your hodlings.

[Spontaneous]

  Getting this strategy will make you stable and you can control your Day value. In addition,  this strategy also can help your family's needs and their want and your survival. Continuing this mindset will make you in a good way to progress.

[lienfaye]

Get Money - Save money - Invest money.
Follow the cycle and don't stop half way.

I agree in this strategy. First is to get money through working hard, having a job can ensure that you'll get an stable income and much better if you also have an extra job to maximize the money that you can earn and save.

But its necessary that you know how to manage your money for the monthy budget, the amount to save and the amount that you'll invest. It doesnt mean we have to spend all our savings to invest, because its also hard to have no cash on hand in case of emergency.

Gaining through our investment takes time hence the money that you'll put on it must be the money that you can live without.

[stepwilli]

You need money to get money, but that’s not the case in every situation; you can make money without money, sometimes all you need is just time and hard work. If you always need money to get money, then how do you get money in the first place? The thing is that when you have made money, you are able to make more, so I get what you were trying to say here.

Take for example – BTC, those whales are the ones who are able to make a lot of money from the market because they are the ones who invest more than everyone else and when you have invested more money, you will make more profit.

[tabas]

  Getting this strategy will make you stable and you can control your Day value. In addition,  this strategy also can help your family's needs and their want and your survival. Continuing this mindset will make you in a good way to progress.

In the long run, when you have investments and savings it will literally going to make you stable and free financially. That's why everyone is having their own ways of increasing their wealth so that there's no problem thinking about monetary problems.
You need to be wise in where you use your money and if it's in investments, you need to be a risk taker and aware that it won't be an easy journey to grow it.

[Quidat]

  Getting this strategy will make you stable and you can control your Day value. In addition,  this strategy also can help your family's needs and their want and your survival. Continuing this mindset will make you in a good way to progress.

In the long run, when you have investments and savings it will literally going to make you stable and free financially. That's why everyone is having their own ways of increasing their wealth so that there's no problem thinking about monetary problems.
You need to be wise in where you use your money and if it's in investments, you need to be a risk taker and aware that it won't be an easy journey to grow it.

We are all thriving for that particular goal or targets in life because we dont like on being broke nor having problems with your daily living or survival just because you dont have
money to spent or something been saved up which it is the common reason on why we do really find out ways or something need to risk when we are really that
mindful in regards with our future.

[macson]

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We are all thriving for that particular goal or targets in life because we dont like on being broke nor having problems with your daily living or survival just because you dont have
money to spent or something been saved up which it is the common reason on why we do really find out ways or something need to risk when we are really that
mindful in regards with our future.

there are still many people who don't care about investing and saving because they think the future is not important.  i learn a lot from people around, especially parents in my area, those who don't have savings experience difficulties in their old age, it's different from those who have savings, they can live their old age/retirement comfortably and calmly.  Saving and investing are the most important things to do from a young age.

[tabas]

  Getting this strategy will make you stable and you can control your Day value. In addition,  this strategy also can help your family's needs and their want and your survival. Continuing this mindset will make you in a good way to progress.

In the long run, when you have investments and savings it will literally going to make you stable and free financially. That's why everyone is having their own ways of increasing their wealth so that there's no problem thinking about monetary problems.
You need to be wise in where you use your money and if it's in investments, you need to be a risk taker and aware that it won't be an easy journey to grow it.

We are all thriving for that particular goal or targets in life because we dont like on being broke nor having problems with your daily living or survival just because you dont have
money to spent or something been saved up which it is the common reason on why we do really find out ways or something need to risk when we are really that
mindful in regards with our future.

When you've lived a not so fortunate life, you want to make things better for you so that you and your family won't face the same life that's unfortunate before.
With that thinking, what you wanna do is to save and find an investment where you think will make your life better and profitable in the next years based on your plan.

[Rockstarguy]

Get Money - Save money - Invest money.
Follow the cycle and don't stop half way.

Get Money- Popular opinion is that you need money to get money, any contrary opinion?
Once you have started getting money the next objective should be how to get more.

Save money- To save money is good, another popular opinion to support this is that , the money you save today will save you tomorrow.
The problem however results when you just keep saving money pointlessly without any plans on how what to do with it, The worse of all is saving money in fiat banks, that money will loose value in no time at all.

Invest money- This for me is the last stage in the cycle that creates more money for you to be able to get more money. More money betters ones opportunities.

Follow the cycle, don't stop halfway at saving money.

I'm still thinking if this principle can work for the middle class people we have in the society, we all know how inflation is affecting the economy and it is also affecting the poor.  Some of the companies and organisations the salaries of workers have shorten and the allowance is no more enough to cover up all the bills, how would someone in this state be able to save money when their is a lot to be solved with money. Before the money comes their things already budgeted to be solved with money, savings can be the most difficult thing to think about.

[endut15]

Saving money for future plans is very appropriate. As you said, the way to make money work for us is by investing. By investing money it automatically moves and benefits us for a certain period of time. Of course all have risks, in investing the biggest risk is loss. But everything has a solution, don't think anyone will get rich in a short time. So we should invest in potential altcoins like BNB and Etherum, or Bitcoin. Especially with inflationary conditions like this, if other people withdraw their assets due to financial needs due to unstable economic incentives, then we take steps to invest in them for the long term.

[og kush420]

Saving money for future plans is very appropriate. As you said, the way to make money work for us is by investing. By investing money it automatically moves and benefits us for a certain period of time. Of course all have risks, in investing the biggest risk is loss. But everything has a solution, don't think anyone will get rich in a short time. So we should invest in potential altcoins like BNB and Etherum, or Bitcoin. Especially with inflationary conditions like this, if other people withdraw their assets due to financial needs due to unstable economic incentives, then we take steps to invest in them for the long term.

Seems like a an easy thing to say - but it is hardest to do.
Everyone wants save - invest and gain profit but most of the people fails in achieving their plans. Anything which comes in handy and can help achieve the goals.

[milewilda]

Saving money for future plans is very appropriate. As you said, the way to make money work for us is by investing. By investing money it automatically moves and benefits us for a certain period of time. Of course all have risks, in investing the biggest risk is loss. But everything has a solution, don't think anyone will get rich in a short time. So we should invest in potential altcoins like BNB and Etherum, or Bitcoin. Especially with inflationary conditions like this, if other people withdraw their assets due to financial needs due to unstable economic incentives, then we take steps to invest in them for the long term.

Seems like a an easy thing to say - but it is hardest to do.
Everyone wants save - invest and gain profit but most of the people fails in achieving their plans. Anything which comes in handy and can help achieve the goals.

Well said on which when you are already on the actual situation or scenario then you would really be finding it to be hard to be done specially if your salary or income source wont really be enough for you to make out some savings even if you wanted to which means that you wont really be having no choice but to find another source of income for you to make more money but this would be an another
problem for you to find on but once you do have take a good grasp of everything then it would really be giving out that opportunity for you to have a better finance situation.

[kawetsriyanto]

Saving and investing are two different things, saving can be interpreted by setting aside a certain amount of money to be saved and the money can be used at any time if needed. While investment can be defined as investment activity within a certain period of time with the hope that the use of the capital can generate profits or increase in value.

Sure. Saving and Investing are very different. Saving plans to keep the money without expecting to double it. While investing targets to double the amount of money with a certain way/strategy. That's why OP classified them on a different level. The first level is earning or getting money, the second level is saving money, and the last level is investing money. For me, this means, we only invest money whenever we have extra money. So, if we only have money for the basic necessities, don't force ourselves to invest. Just wait for someday when we already have an extra money.  

[og kush420]

Sure. Saving and Investing are very different. Saving plans to keep the money without expecting to double it. While investing targets to double the amount of money with a certain way/strategy. That's why OP classified them on a different level. The first level is earning or getting money, the second level is saving money, and the last level is investing money. For me, this means, we only invest money whenever we have extra money. So, if we only have money for the basic necessities, don't force ourselves to invest. Just wait for someday when we already have an extra money.  

It's easy to preach saving but it's very difficult to actually do it.
The region where I live - people don't have much left after paying bills and monthly rents.
So it's very difficult for a person to actually do this dreamy act of saving and investing...

[Nrcewker]

Get Money - Save money - Invest money.
Follow the cycle and don't stop half way.

You need to be very much frank regarding the Get Money thing, people often think that they will get money easily.
Whereas the real fact is that you need to work hard in order to get the money.
If here saving part has been spoken off, then I would like to elaborate on this matter.
The money you are getting every month, split it in 50:30:20 ratio, 50% is for all the basic needs, 30% is for the luxurious life style and the rest 20% on investments.
You can interchange the 30:20 things according to your need.
And yes if possible invest now on Bitcoins, as now is the best time to dive into the market.

[Dhaniii]

the standard of living for now has begun to be expensive, for daily needs it has become difficult let alone having to think about saving. I think it's technically correct according to the theory to get money you have to need money then take the money saved and set aside some to invest. but the reality is it is very difficult to get it now, especially with the current inflationary conditions.