Try to save money while you still can, will you ?

[Hamphser]

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?

of course we are facing gloomy times with an unstable economy so far, as for what to do now is to prepare ourselves if we also experience difficult times in the future.
the way that needs to be prepared now is to have a steady job so that there is adequate income every day or month, then it is also necessary to set aside a little for savings. and the most important thing is that there is a side job that can stabilize our finances

Not only on having that day stable job to have in mind but also having that side income or hustles which is something that would be putting you into a situation where you could be able to withstand on whatever

economic hardship or bad conditions you would be able to face on.Saving is should really be in default because we do know that in life, there's no such thing about guarantees for you not to be able to experience
difficulties or emergencies on which it is really just that right on having those savings or financial back ups.Not everyone is really that goodwhen it comes to this kind of condition
on which you are really that having the capability on doing so.Savings is depending on someones earning power because not all is really that earning decent.

[1715426677]

1715426677

[1715426677]

1715426677

[1715426677]

1715426677

[1715426677]

1715426677

[1715426677]

1715426677

[Fredomago]

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?

of course we are facing gloomy times with an unstable economy so far, as for what to do now is to prepare ourselves if we also experience difficult times in the future.
the way that needs to be prepared now is to have a steady job so that there is adequate income every day or month, then it is also necessary to set aside a little for savings. and the most important thing is that there is a side job that can stabilize our finances

Not only on having that day stable job to have in mind but also having that side income or hustles which is something that would be putting you into a situation where you could be able to withstand on whatever

economic hardship or bad conditions you would be able to face on.Saving is should really be in default because we do know that in life, there's no such thing about guarantees for you not to be able to experience
difficulties or emergencies on which it is really just that right on having those savings or financial back ups.Not everyone is really that goodwhen it comes to this kind of condition
on which you are really that having the capability on doing so.Savings is depending on someones earning power because not all is really that earning decent.

Savings depends from how you set your goals and desperately make it come true, we do have lots of difficulties as the economy of most countries are really struggling but if you know how to work it out and you can add some side hustle with your stable job, then surely you can find a way to save a good amount of money.

It's a practice that will let you continue achieving your goal to save your money, without your focus and without your determination. Saving can just only be a word of mouth but not in reality in life.

[mm2543363580]

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?

of course we are facing gloomy times with an unstable economy so far, as for what to do now is to prepare ourselves if we also experience difficult times in the future.
the way that needs to be prepared now is to have a steady job so that there is adequate income every day or month, then it is also necessary to set aside a little for savings. and the most important thing is that there is a side job that can stabilize our finances

Not only on having that day stable job to have in mind but also having that side income or hustles which is something that would be putting you into a situation where you could be able to withstand on whatever

economic hardship or bad conditions you would be able to face on.Saving is should really be in default because we do know that in life, there's no such thing about guarantees for you not to be able to experience
difficulties or emergencies on which it is really just that right on having those savings or financial back ups.Not everyone is really that goodwhen it comes to this kind of condition
on which you are really that having the capability on doing so.Savings is depending on someones earning power because not all is really that earning decent.

Savings depends from how you set your goals and desperately make it come true, we do have lots of difficulties as the economy of most countries are really struggling but if you know how to work it out and you can add some side hustle with your stable job, then surely you can find a way to save a good amount of money.

It's a practice that will let you continue achieving your goal to save your money, without your focus and without your determination. Saving can just only be a word of mouth but not in reality in life.

Saving can help you in short period of time for financial burdens but realistically in long run your saved money value will fall down greatly .
The rate with which currencies are depreciating and inflation rate is increasing you have to think sensibly to make use of your saved money so that it shouldn't get freeze in some bank . Rather than that invest it somewhere profitable so that you get the returns.

[fadhilz123]

Saving can help you in short period of time for financial burdens but realistically in long run your saved money value will fall down greatly .
The rate with which currencies are depreciating and inflation rate is increasing you have to think sensibly to make use of your saved money so that it shouldn't get freeze in some bank . Rather than that invest it somewhere profitable so that you get the returns.

Saving money is also not a problem if one day the money will be used to do business or open a business that can be profitable. However, if someone is afraid of losing the value of the money he has saved if it is not used for a long time, even though I don't think it is for some reason. He can save gold with some of the money he has and the rest can be used into Bitcoin investments to find more valuable profits if he can be very lucky with the investment.

[Doan9269]

If am ever placed with the opportunity to make savings then i will never hesitate from taking good use of this opportunity because it's not everyone working and earning were able to make savings drom what they get, no matter how little or much we had, we must develop a very good habits for saving some money for the sake of the future, we cannot predict wjat tomorrow may be or offer but as we all expect the good, we should also get set and olan ahead for he worst coming.

[Uruhara]

If am ever placed with the opportunity to make savings then i will never hesitate from taking good use of this opportunity because it's not everyone working and earning were able to make savings drom what they get, no matter how little or much we had, we must develop a very good habits for saving some money for the sake of the future, we cannot predict wjat tomorrow may be or offer but as we all expect the good, we should also get set and olan ahead for he worst coming.

Everyone who understands and thinks about the future, of course they will always try to save when their financial condition allows for this. but for some people, sometimes there are situations where it is very difficult to set aside money. because their income is not that big and only enough to meet their current needs. but making a more efficient lifestyle can help us to be able to save even though we don't have a large income. and saving is about habit. so need to get used to it from the start. can start with small savings but discipline and consistent.

[Salahmu]

Is always good to save money while you can, even if your salary is not much, saving a little from it is very important, should incase of emergency, because the need can arise any moment, for instance during the global Pendamic there was lack of money and Economy was down, so many people suffered to feed due to inability to save while they can.

[kingvirtus09]

If you are not a capable person, you will not be able to accumulate savings in the future for emergencies or unexpected things that will happen to you at the time you need them.  And there are also many options for you to save, either fiat itself or cryptocurrency such as Bitcoin,
it's up to you what you choose. But if you ask me, Bitcoin or another cryptocurrency that has the potential to bring you income is better.

[erep]

Everyone who understands and thinks about the future, of course they will always try to save when their financial condition allows for this. but for some people, sometimes there are situations where it is very difficult to set aside money. because their income is not that big and only enough to meet their current needs. but making a more efficient lifestyle can help us to be able to save even though we don't have a large income. and saving is about habit. so need to get used to it from the start. can start with small savings but discipline and consistent.

Savings have no limit to economic status so anyone with a low income can save according to the income earned and not necessarily every month, it can be every 2 months or more, the important point is that we have savings for urgent needs even though it will take time to reach the minimum savings value, but having savings will relieve us for urgent needs. So start saving from now and even though low income is not a barrier to being able to save, you will consistently be able to accumulate large savings in the next few months.

[Dr.Bitcoin_Strange]

Everyone who understands and thinks about the future, of course they will always try to save when their financial condition allows for this. but for some people, sometimes there are situations where it is very difficult to set aside money. because their income is not that big and only enough to meet their current needs. but making a more efficient lifestyle can help us to be able to save even though we don't have a large income. and saving is about habit. so need to get used to it from the start. can start with small savings but discipline and consistent.

As humans, we always have some primary needs and some secondary needs. Those things that we don't really need at that moment, those needs that can wait for some moments before we settle them, it's usually okay to set aside those needs at least for another month and save the money you would have used for them (set aside the need, save the money); maybe next month you get them. For example, let's say I need an earphone. While I still have an old earphone, I can manage for a month or two, so probably I can still set aside the money I intend to spend on the earphone and perhaps get it when it's totally bad. By then, I would have saved the money for that month and used my next month's salary to purchase it.

Is always good to save money while you can, even if your salary is not much, saving a little from it is very important, should incase of emergency, because the need can arise any moment, for instance during the global Pendamic there was lack of money and Economy was down, so many people suffered to feed due to inability to save while they can.

I agree with you. no matter how little a person earns, that is when you will know if they have the ability to save. There are people who earn a huge amount but don't save because they don't know how to save. but someone who is even earning a little is able to save. I just noticed that human beings ability to save is a skill that some people are bound to develop out of self-discipline, while others are just born with the skill already, some people don't have it at all so they can't save money. Also, some people's ability to save depends on being influenced by their friends and upbringing. There was a time in my life when my grandma would say to me, "Son, you need to save so that the day you don't have any money, you wouldn't be stranded but rather you would have your savings to save you from any emergency you might find yourself in. Is good to just save little by little forgoing some secondary needs for another time, no matter how small the salary is.

If you are not a capable person, you will not be able to accumulate savings in the future for emergencies or unexpected things that will happen to you at the time you need them.  And there are also many options for you to save, either fiat itself or cryptocurrency such as Bitcoin,
it's up to you what you choose. But if you ask me, Bitcoin or another cryptocurrency that has the potential to bring you income is better.

@kingvirtus09, It is good to invest or save in Bitcoin as long as you are willing to hold it and not be a weak hand that will sell when the market is bearish and dipping. It's also good to have some fiat savings for emergencies; I don't think it's really good to save Bitcoin for emergencies due to how emergencies can just arise at anytime, which could force you to sell off your Bitcoin when the price is still low. I will suggest that one invest in Bitcoin while still having some fiat.

[Uruhara]

Is always good to save money while you can, even if your salary is not much, saving a little from it is very important, should incase of emergency, because the need can arise any moment, for instance during the global Pendamic there was lack of money and Economy was down, so many people suffered to feed due to inability to save while they can.

Well, if our economic conditions allow us to save, then we really have to try to save regularly, even if it's only in small amounts. But for those who only have a mediocre income, it might not be easy to do. unless they can be more frugal in extremes. so they'll have some spare cash they can save. but it is not easy for some people. and even the attitude of saving is also difficult to make a habit if we are already used to living in luxury or like to go wild. it takes a strong desire for us to leave the habit of living in debauchery.

[JoyMarsha]

Save and have other side jobs as Mk4 has pointed out. It will be unnecessary good for a human being that tends to grow in this global financial crisis to depend on a single source of income called a job without having other side jobs of survival because you know why you can be sacked and dumped at any time when they have finished utilizing the youthful strength in you for a small pay

Saving money should be done by default, not only when financial/economic problems arise.

Don't solely stick with saving money though; attempt to increase your income by having side jobs/businesses/gigs. Growth from employee wages take a crap ton of time and effort for it to increase.

[Fredomago]

If am ever placed with the opportunity to make savings then i will never hesitate from taking good use of this opportunity because it's not everyone working and earning were able to make savings drom what they get, no matter how little or much we had, we must develop a very good habits for saving some money for the sake of the future, we cannot predict wjat tomorrow may be or offer but as we all expect the good, we should also get set and plan ahead for he worst coming.

Yeah, having the right set of plan in thinking about the future and any possible expenses for any emergency having a good amount of savings can help you to provide the need in case it happen, if you can save better to do it and not to hesitate it will give you an easier solution and help you in terms of financial needs.

Savings can also be a good source of your funds for investment. With a good amount of savings, you can start a small business or you can invest with stocks/crypto that eventually grow and bring decent benefits.

[CageMabok]

Savings have no limit to economic status so anyone with a low income can save according to the income earned and not necessarily every month, it can be every 2 months or more, the important point is that we have savings for urgent needs even though it will take time to reach the minimum savings value, but having savings will relieve us for urgent needs. So start saving from now and even though low income is not a barrier to being able to save, you will consistently be able to accumulate large savings in the next few months.

I also have almost the same opinion as what you said because saving is not about how much a person earns every month, but about how much he is willing to save even if only with a little money he takes from his income every month. Because the amount that can be saved is only limited to its size and usually everyone also saves little by little which in the end can become more with specific goals for themselves, so there will never be anything wrong for anyone who wants to save even the smallest size in their life.

[evader11]

Is always good to save money while you can, even if your salary is not much, saving a little from it is very important, should incase of emergency, because the need can arise any moment, for instance during the global Pendamic there was lack of money and Economy was down, so many people suffered to feed due to inability to save while they can.

Well, if our economic conditions allow us to save, then we really have to try to save regularly, even if it's only in small amounts. But for those who only have a mediocre income, it might not be easy to do. unless they can be more frugal in extremes. so they'll have some spare cash they can save. but it is not easy for some people. and even the attitude of saving is also difficult to make a habit if we are already used to living in luxury or like to go wild. it takes a strong desire for us to leave the habit of living in debauchery.

You are correct that saving regularly can be tough for persons on a fixed income. It may be necessary for them to be more careful of their spending patterns and make some sacrifices in order to free up income for saving. However, it's vital to remember that even tiny sums saved on a daily basis can add up over time and establish a healthy financial cushion.

[Betwrong]

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?

Saving money isn't something anyone can afford to do, especially having family to support. If you make enough money to buy textbooks and school uniform for your kids, you are a lucky parent, and your kids are lucky too. Education is the most important thing we can give to our children. I would suggest to invest in education in any circumstances rather than saving "for hard times". (Speaking from personal experience.)

[GigaBit]

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?

Every person needs to save as economic security for their future. If you don't have money you can't help anyone. Moreover, money is not always available to everyone. So everyone needs to have a savings to have financial support in times of need. I try to save money monthly. Although saving is not an easy thing because everyone needs a lot of money to meet their needs but still those who can ignore the cost and save, can be somewhat safe and they will be able to recover some unexpected challenges.

[Suguha]

Saving money isn't something anyone can afford to do, especially having family to support.

100% true and even they have a job/work still some of them will not be capable to save money since they have their daily expenses. We also tend to find more jobs just to save enough money for our future. Though It's hard for me to save money, Still, I'm gonna do my best to save enough since it will help if there's an unexpected thing that happens to me.

[nesty]

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?

That is true the inflation now is really high and a lot of people with a regular job had been lay-off in their respective companies even if they had served them for a very long time. Without a regular job it is hard to cope up with the increasing cost of leaving. The best thing to do is to find a regular job plus do side lines to cope up with the financial needs of your family. If you have a capital try to put up your own business, and if your business becomes successful then time to save up and do some investments like in crypto currencies, real estates etc.

[xSkylarx]

Saving money isn't something anyone can afford to do, especially having family to support.

100% true and even they have a job/work still some of them will not be capable to save money since they have their daily expenses. We also tend to find more jobs just to save enough money for our future. Though It's hard for me to save money, Still, I'm gonna do my best to save enough since it will help if there's an unexpected thing that happens to me.

If our income or salary is big then for sure we would be able to save but the problem is not that is why others tend to have 2 jobs at a time so that their income is big and able to save for the future but still even others that has this is unable to save because they have self discipline. For sure all of us wants to save but there are circumstances that we cant