Saving is Wasting?

[Swordsoffreedom]

Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.

If saving is good for your education then it is also considered an investment, there is no better investment than investing in education. As a student, you need to know that what you need to do now is study well, not make money, making money is just a side job if you have time for it. If you complete your studies excellently, after graduation you can earn a lot of money, even more than those who are investing here, and when you earn money then you can invest anywhere you want. Focus on learning, knowledge is the only way to success.

I wont be saying after you graduate you will earn a lot of money because right now it is very hard time finding a job because of our economy and also other are shifting career due to need of money. It doesn't mean youll graduate you'll earn a lot of money, it is just you have more opportunities than others but again today generation is mostly skill based than your attainment though we still need to graduate for our better future

A tough economy does not mean that everyone is unemployed and unable to find work. Those who cannot find jobs are those with low, or medium skills and knowledge and always demand high wages while their qualifications and expertise are low. For someone with high qualifications and good skills, they will always be welcome in any company. Don't blame our economy when you can't get a job. Ask yourself, why do other people still work and still have a good income while you are unemployed?

It is true that there is no guarantee that I will quickly get a job after graduation, but I will have more job opportunities than people without a degree. Once I had solid knowledge in school, skill for me was just a matter of time.

I want to say that a person who is fully educated is easier to do anything later than an uneducated person and they always have a better chance of success. I have not seen a CEO or director make hundreds of thousands of dollars a month without a high education.

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[fuer44]

Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.

If you have a mature plan to open a business or use the savings to explore your potential, I think it's a good thing to take risks because you are still a student, not yet to be a husband and father.

There's nothing wrong with saving, especially if you think about an emergency that is not predicted. But managing that money so that it continues to grow is also very important.

[Mr.suevie]

Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.

If you have a mature plan to open a business or use the savings to explore your potential, I think it's a good thing to take risks because you are still a student, not yet to be a husband and father.

There's nothing wrong with saving, especially if you think about an emergency that is not predicted. But managing that money so that it continues to grow is also very important.

Yeah i think the fact you stated is very good because its only now that you are still single and not married, you can save up something for yourself. I personally feel saving is good that's only if you want to save up and start up something tangible that can be giving you more money in the future. You are still a student which means you are not filled with responsibilities and now is the perfect time to save and start something that can help guide you through your education because you need to sacrifice for the greater good and your education is very important because its the base to your wealth in the future.

[Casdinyard]

Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.

Being unemployed while pursuing your degree is one of the worst experiences ever. You can't even save what little you get especially if you don't live in developed countries cause what you got's most likely only going to be dedicated for survival. In any case, if you have any extra lying around, I would highly suggest you save them up and start an investment fund, or maybe if that really wouldn't work, Find out a skill you're quite knowledgeable about, create one if you don't have any, and use it to profit. I wasn't a writer until the pockets called for it, so I busted my ass trying to perfect my craft, even going so far as to accept free work for my clients just so I can prove my integrity to them, it all paid off eventually. Not saying this could happen to you too, or that you should subject yourself to free labor just to gain cred, but that's the most effective way to really garner client's attention nowadays.

[MiF]

Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.

You said little money it means very small amount, i think it can be save for the future but it has no great effect with your future status little money is now nothing specially most of the physical and daily needs price are now rising, but if you are going to invest it in crypto and be patience to wait for the right time to sell, maybe that little money will change your life, crypto is a good way to earn money if yiu only knew how to deal with it.

[Yatsan]

Simply depends on what type of an individual you are. If investment works for you then that would be good but if saving is your forte then that would be as well just fine. Ofcourse having the guts to invest would be advantageous but since not everyone is eager to handle risks involved on any kind of investment, saving will still be an option. It would be wiser to stick with saving funds than to engage with an investment you know you cannot manage properly. It will just seem that you are throwing away your money. We are all different and we all have our own plans for our money. So just do you.

[Iroh]

Saving is different from investing. In saving, you are preparing for something in the future so you can have funds for emergency purposes while in investing, you are risking your money and you're also expecting your profit. It's good to have both at the same time but you don't have to force things for now if you can't afford to invest yet. You can save money so you have something to invest. Saving isn't a waste of money because you are just preparing yourself to be financially ready if unnecessary things happen or if you have important things to spend on your studies.

Yes, I agree with you on your point. Having some savings put aside is totally different from having some investments. Having some savings is not wasting and shouldn’t be classified as such. There are a lot of people that do not invest their money for various personal reasons.
Having some savings is great and important as it is money kept aside for anything ranging from emergencies to financing a project.
Investments are also great and somewhat important as it creates wealth for future purposes if done right. Savings and investments are equally important.

[kro55]

Simply depends on what type of an individual you are. If investment works for you then that would be good but if saving is your forte then that would be as well just fine. Ofcourse having the guts to invest would be advantageous but since not everyone is eager to handle risks involved on any kind of investment, saving will still be an option. It would be wiser to stick with saving funds than to engage with an investment you know you cannot manage properly. It will just seem that you are throwing away your money. We are all different and we all have our own plans for our money. So just do you.

Saving or investing is both good, and each has its advantages and disadvantages, it cannot be said that saving is wasteful or investing is foolish. Why choose only one when we can choose both? It is possible for us to save for emergencies in life as well as increase our wealth at the same time. Depending on each person's circumstances, we will allocate money to both as long as it gives us comfort. We live for ourselves, not for others, so let's just be ourselves, do what's right for us, and don't need to listen to anyone.

[Moeda]

Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.

I've never heard of such a saying. What people often say is "Thrifty is the beginning of the rich". Thriftyin the sense of the word is to save some of the money we have. Make no mistake either, in this case we should not choose the wrong thing to save something for the future. If you save $100 now, maybe 5 years from now you can only buy one bottle of mineral water, but if you buy now you might get 5 Ozarka Sparkling Water.
Save gold, of course we will produce something comparable between now and the next 5 years. And now it's easier with the presence of Bitcoin, we will get big profits when we hold it.

[Cryptock]

Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.

saving is not wasting - infect its is being wise to have some money in hand.
our thinking in college life changes with the passage of time - and we must all have some money in hand. That will make us financial independent and we will have a peace of mind as well.

[rby]

Saving is wasting because every year fiat always inflated, so if you save $50 every month, which will be $600 in the end of year, but actually your $600 doesn't have same buy power like when you start to save, maybe it's already become $550, so you're always lose your money.

You can invest to stock, gold or Bitcoin, depends with your choice. You don't need to worry if you're need money in hurry, because you can sold it for instant, so you can use the money you invested for emergency needed.

Saving is wasting only if you save for wrong purpose. But saving is better than making wrong investments. I have seen people who bought shares of some companies and 5yrs later the share was worth nothing.
However your savings will always be there and inflation can only affect some percentage of it and not the whole capital.
In conclusion, you can save and also invest.

[rahmad2nd]

Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.

As a student, your main task is to complete your studies until you graduate from college. you have to motivate yourself to get a degree as a foundation of a bright career, and it is an investment in your future. Speaking of saving, who said that saving is a waste. actually saving has many benefits. But remember, the goal of saving must be clear. You can think of it as a need for emergency funds, unexpected needs in the future, financial goals are more likely to be realized, managed more healthily, and financial security, even to alleviate the needs of your educational activities, right? if you have a clear concept of saving, then saving is important. Or maybe, you can save to invest in other things. Most importantly, you must have a plan before you start. If saving doesn't make sense to you, you can invest in bitcoins. you can start bit by bit, regularly, periodically. Most importantly, you have to start by developing the right strategy and concept.

[carlfebz2]

Saving is wasting because every year fiat always inflated, so if you save $50 every month, which will be $600 in the end of year, but actually your $600 doesn't have same buy power like when you start to save, maybe it's already become $550, so you're always lose your money.

You can invest to stock, gold or Bitcoin, depends with your choice. You don't need to worry if you're need money in hurry, because you can sold it for instant, so you can use the money you invested for emergency needed.

Saving is wasting only if you save for wrong purpose. But saving is better than making wrong investments. I have seen people who bought shares of some companies and 5yrs later the share was worth nothing.
However your savings will always be there and inflation can only affect some percentage of it and not the whole capital.
In conclusion, you can save and also invest.

But how you would be able to point out and consider bad and good investment specially when you are dealing with crypto? You cant really be just able to precisely predict whether you would succeed or not.

Saving is a must because this isnt really just talking about investment but also for emergency purposes which is the sole reason on why we should really be saving up on the first place.We cant really just make ourselves that too confident on having none because it would really just be putting us up in huge trouble.

Saving isnt wasting as long you arent that been using it on gambling or purchasing useless things which it doesnt really give out that relevant benefit.

[fadhilz123]

saving is not wasting - infect its is being wise to have some money in hand.
our thinking in college life changes with the passage of time - and we must all have some money in hand. That will make us financial independent and we will have a peace of mind as well.

The change of mind after one is freed from campus life or freed from being a student to ordinary people in general is something that many people will definitely experience. Because when a person is no longer a student at a college, it's clear what he's thinking about is finding a job so he can have money in his hands and become financially independent.

But what is seen in reality in life, not everyone can be able to get a job according to their respective skills and also this is sometimes influenced by the absence of job land for many people except for people who are able to create their own jobs for themselves.

[Sebas.tian]

I don't think, saving is wasting because investing in education is a good ideas that will bring progress to you and your family in future. But you may look at it as if your are wasting your time, energy and resources in education now, by the time you become a parliaments members or president in your country then you will know that saving your money on education is not a wast but for future purpose. Those that saving their money in decentralized currency and education always have a good opportunity to become great in future, because if you invest a huge amount of money on Bitcoin when the price is low, definitely you will achieve something that will change your level in the community.

[Xampeuu]

people invest calmly, of course, when our necessities of life are safe. if it's money we save for future needs, and you invest then it makes your heart and our minds uneasy, so in the end there is a lot of panic selling, basically a lot of people say to use cold money in investing, and it's true, when the price is bearish, it seems that we are not affected by the situation with our money, because basically the amount of our crypto investment is still the same, it's just that we are being played with by fluctuations

[Smack That Ace]

Saving is wasting because every year fiat always inflated, so if you save $50 every month, which will be $600 in the end of year, but actually your $600 doesn't have same buy power like when you start to save, maybe it's already become $550, so you're always lose your money.

You can invest to stock, gold or Bitcoin, depends with your choice. You don't need to worry if you're need money in hurry, because you can sold it for instant, so you can use the money you invested for emergency needed.

Saving is wasting only if you save for wrong purpose. But saving is better than making wrong investments. I have seen people who bought shares of some companies and 5yrs later the share was worth nothing.
However your savings will always be there and inflation can only affect some percentage of it and not the whole capital.
In conclusion, you can save and also invest.

Indeed, both are good, I just find it funny how many people brag that they only have one investment and no savings. They believe that investment will help them create more wealth while saving not only does not create more wealth, but inflation eats away at their money. They said it was not wrong, but they ignored the risk when investing, in addition to the profit, the risk is something we can encounter. Inflation is causing money to depreciate, but it won't fall as quickly as investments. If someone saved in 2022, their wealth would only lose a few percent of its value due to inflation, but if someone invests in bitcoin or stocks, their wealth may lose around 30-50 % value.

[Lamkuthang]

I know that you want to save once you have the money, but you should still make small investments. It's good to have a few investments here and there, which could mean buying ownership of a business or investing in stocks or mutual funds. If this upsets your vision of what a strict savings account is supposed to be then just remember the rule "you've got to spend money to make money".

[lienfaye]

Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.

It is not a waste to save. If you're saving for school activies or for emergency, would you call your savings will go to waste for that purpose? No right? Because we have our own reasons on why we're doing it.

You're just starting in your journey as a student, it's also an investment that no one can take away so just focus on that goal first. Investing can wait and that is if you're already capable to earn on your own without worries about anything.

[D ltr]

Dude, I have experienced a period like you, but the investment was made after you got a job. not when you are still in college because your job is to go to school to get good grades so you can become the best graduate, so you can easily get a job
but unless you pay your own tuition and while working you need to think about the investment of your work.