Save while young better than wait

[Miles2006]

I will go with the statement that says "money and time works together", this statement so real and a lot of people who misused their time at an early age finds it difficult to survive now, time is so precious and if people start using their time wisely things will not be so difficult.
Everyone both young and old need to use their time wisely, this statement should be for the young in essence the young needs this advice more, it's not a matter of spending carelessly but I'm actually referring to work, young people now feel so lazy and they lack the motivation and ability to work, people like this will regret at the end cause during an old age when there's no strength and motivation how will such a person make it through. Just like what the op said being old and poor is hell asf, the truth be told wealth and riches lies in the mind and the ability to work towards that goal makes you special.

[angrybirdy]

Everyone was young and everyone had big money but most of it was spent somewhere and was misused. Yes. The message you convey is correct and if possible this is done by young people today, the advice you convey above is very good and don't let our experiences that are wrongly set above also be felt again (repeated) even though there are glimpses of words like this we often hear. "Yes. When else can you enjoy it if not now"..

It is difficult to control or manage finances at a young age because there are many temptations to fulfill needs that will drive current styles or trends.
I've felt that way and actually I know and understand the importance of saving while I'm still young, but it's difficult to do.
All experiences of oneself or others and also suggestions are needed, but all actions come back to self-awareness.

It's quite difficult to do, especially if you are earning enough for your daily expenses and monthly bills only. No matter how hard we try and want to save, we can't because as time goes on, all expenses increase due to economy inflation, so the best thing to do to save faster while you are still young is to invest if you have extra money or try to find extra income and use your income to use in the investment or business that you are planning to do.

[erep]

It's quite difficult to do, especially if you are earning enough for your daily expenses and monthly bills only. No matter how hard we try and want to save, we can't because as time goes on, all expenses increase due to economy inflation, so the best thing to do to save faster while you are still young is to invest if you have extra money or try to find extra income and use your income to use in the investment or business that you are planning to do.

The main rule for starting savings is to allocate a portion of your salary/income from the remaining daily needs, but saving doesn't have to be daily or weekly and you can save whatever finances you have for monthly savings.

But I have tips to motivate someone to work hard to get a monthly income, we give it the name of a savings and loan program with several people in one group, the rule is that each person must make a deposit every month and the withdrawal process will be drawn for the recipient of the monthly savings. So there is no such thing as not depositing money monthly and if you don't deposit then you will receive less money, you will be excluded from the savings and loan program in the next session.

[wtsimis]

Today's savings are tomorrow's future. We all know this proverb more or less.
In young age there is enough knowledge but in old age that knowledge is no longer useful. Because in old age you can't work anymore. So put your knowledge to good use at a young age and save money. But saving money alone won't benefit you in old age. Because the value of your money will decrease day by day. So save your money and invest in something good that will support you in old age. You have the power to decide how much you can try or plan now, but you don't know what you will be able to do in your future old age. So try to plan as much as possible now.

[$anounimus$]

Today's savings are tomorrow's future. We all know this proverb more or less.
In young age there is enough knowledge but in old age that knowledge is no longer useful. Because in old age you can't work anymore. So put your knowledge to good use at a young age and save money. But saving money alone won't benefit you in old age. Because the value of your money will decrease day by day. So save your money and invest in something good that will support you in old age. You have the power to decide how much you can try or plan now, but you don't know what you will be able to do in your future old age. So try to plan as much as possible now.

Investment is a pretty good way to safeguard assets in the future. At a young age, people are really required to be persistent and have innovation to continue to increase their income. It must be admitted that it is not easy for everyone to do something easily, so being young can determine a brilliant future.

In my environment, it is very rare to find young people who have succeeded in developing their own business because environmental factors always require them to become workers in the government sector and private companies. But I see several young people who have also started to be successful from starting up their businesses little by little and now they are increasingly successful in various fields. I really agree that investment is the next target for young people to strengthen their economy because if they only rely on continuing to save money then things will look stagnant.

[Dimitri94]

I will go with the statement that says "money and time works together", this statement so real and a lot of people who misused their time at an early age finds it difficult to survive now, time is so precious and if people start using their time wisely things will not be so difficult.
Everyone both young and old need to use their time wisely, this statement should be for the young in essence the young needs this advice more, it's not a matter of spending carelessly but I'm actually referring to work, young people now feel so lazy and they lack the motivation and ability to work, people like this will regret at the end cause during an old age when there's no strength and motivation how will such a person make it through. Just like what the op said being old and poor is hell asf, the truth be told wealth and riches lies in the mind and the ability to work towards that goal makes you special.

Many of us have a tendency to hold today's work for tomorrow. I postpone the work that I do tomorrow to the day after that. Those of us who act out of laziness will never find our destination. The point I am trying to make is that if we are thinking of making a savings in the future, it is better to do from today. There are many people who are not motivated to save money and after a long time they will live very badly. Because everyday is not the same day. Even if we live well today, we should now think about what will happen tomorrow. Savings may seem like a small amount at first but after a long period of time that savings will be a great asset. Of course there is time to change our attitude.

[acener]

It is true, wished I started saving when I was younger and earning more rather than today.
There are so many young people who have a lot of opportunity to save, they don't have to pay bills rent or food since they are still living with their parents, they don't also need to provide for their family because they don't have kids or haven't started their own family.

[blockman]

It's hard that you get old and you have no money and it's true, it's a bad situation when you get there. I am seeing a lot of old people in my country that didn't secured themselves as they grow older and that's because they love their family and never saved for themselves. That's why this generation should break the sandwich generation and they shouldn't make their children as their retirement. Don't forget to save for yourselves and invest as well because no one's gonna help you when you get old.

[Ndabagi01]

I totally agree.

If I can go back in time, I would lead much more modest life and try to earn and save as much as possible in order to secure my future and preferably retire much younger than the legal age here which is 67 years old. Since I spent way too much money in my youth, my next chance for an early retirement is bitcoin.

Opportunities like this don’t represent itself twice after you’ve missed the first one. If it is too late for you to adjust somethings in your life that would have helped you live a better life now, you can use that energy to groom someone, maybe your child to help live a better life financially than you had. Bitcoin has no age exception and can be taught from a young age for the youngsters too. If you can use that opportunity now, it would be better instead of regretting the past and not doing anything to correct the past or paving way to make the remaining time in your life worthwhile of living now.

[Fortify]

Look, you can be old and rich or young an poor, but being old and poor is bad shit.

A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.

All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same  to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.

The youngest have the most powerful thing at all when it comes to finance: time. One thing that many of the richest self made people on the planet did when they were growing up was to experiment with many different strategies and allow themselves to fail, because it gave them experience and the ability to refine their skills. It is applicable for all fields of life, utilize those first ten or twenty years of adulthood to figure out how to make money, or even how to lose it, because you may be the one person who can swing a profit in a new area or come up with a mixed concept that has found just the right time to work. However, when you make a decent amount, be sure to start saving and diversifying because it can come to a stop more suddenly than you might expect.

[Yamifoud]

Some people are the opposite, "enjoy life while still young as we cannot do it anymore when we grow old".
That is why many people got old and broke. Many individuals who have huge salaries/incomes end up relying on their pensions.

It is for someone who can think and prepare for their future, they are working hard at a young age, have savings and business, and enjoy life at 40 years old. While some people are working hard and have a luxurious life every day, at the age of 40 they are still working to sustain their living.

It is a choice and what we do it now is also what we harvest in the future.

[Casalania]

I totally agree.

If I can go back in time, I would lead much more modest life and try to earn and save as much as possible in order to secure my future and preferably retire much younger than the legal age here which is 67 years old. Since I spent way too much money in my youth, my next chance for an early retirement is bitcoin.

Opportunities like this don’t represent itself twice after you’ve missed the first one. If it is too late for you to adjust somethings in your life that would have helped you live a better life now, you can use that energy to groom someone, maybe your child to help live a better life financially than you had. Bitcoin has no age exception and can be taught from a young age for the youngsters too. If you can use that opportunity now, it would be better instead of regretting the past and not doing anything to correct the past or paving way to make the remaining time in your life worthwhile of living now.

I agree, the only thing we can do is to use our previous mistakes as a motivation to move forward and learn new things to improve our lives. People who have achieved a better life have probably experienced many failures before reaching the top. Let their success be an inspiration for us to become a better version of ourselves tomorrow.

[Botnake]

I can’t tell that it’s bad parenting. Maybe parents have some lapses in teaching and instilling in their children the value of saving but that does not mean that these parents are actually showing bad parenting. There are actually some parents who do the savings for their children, so that in the near future, when these children have reached their mature age, that’s the time they can get their savings and spend and manage it wisely based on how their parents have taught them on how to manage their finances.

[poodle63]

Some people are the opposite, "enjoy life while still young as we cannot do it anymore when we grow old".
That is why many people got old and broke. Many individuals who have huge salaries/incomes end up relying on their pensions.

It is for someone who can think and prepare for their future, they are working hard at a young age, have savings and business, and enjoy life at 40 years old. While some people are working hard and have a luxurious life every day, at the age of 40 they are still working to sustain their living.

It is a choice and what we do it now is also what we harvest in the future.

at the end of the day it comes down to money management and health management, because lets be frank here, so many people become diabetic at 40 years old already so I think that statement enjoy life while still young isn't really wrong either, it can be good if we can manage all the things and live a healthy life.
enjoying life for now is okay but remember that we have futures, so not excessively overspending on some of the most useless thing is one way.
saving also okay as long as we don't push it too much that it could affect our health, overall its always balancing life that do the most good.
though if we truly want the best of both worlds, try getting good career, high income, then we can start building life balances.
i've always seen rich people living a good life if they conscious enough.

[MarissaLopez]

Look, you can be old and rich or young an poor, but being old and poor is bad shit.

A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.

All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same  to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.

Definitely,
If you want to create and own wealth,you need to work harder and better.
" A saying goes a stitch in time saves nine."when you make savings earlier,you will go a long way to achieving a lot for oneself and it broadens your horizons.

Most aged men,had all of this thought in mind to make it at a younger age but they tend to be callous with their dealings with money and at the end they end up being poor,cause they didn't plan their life a youthful stage.

[Baki202]

I will go with the statement that says "money and time works together", this statement so real and a lot of people who misused their time at an early age finds it difficult to survive now, time is so precious and if people start using their time wisely things will not be so difficult.
Everyone both young and old need to use their time wisely, this statement should be for the young in essence the young needs this advice more, it's not a matter of spending carelessly but I'm actually referring to work, young people now feel so lazy and they lack the motivation and ability to work, people like this will regret at the end cause during an old age when there's no strength and motivation how will such a person make it through. Just like what the op said being old and poor is hell asf, the truth be told wealth and riches lies in the mind and the ability to work towards that goal makes you special.

If you do not use your time and money well then you will only be left with stories to tell a musician in my country once said that, you will continue to explain and the only thing that can help save you from explaining is the evidence which is having money nobody will believe that you have tried. and things have changed and life now is just becoming more and more difficult because nobody is escaping inflation. everyone should be able to control how they spend. don't buy what you don't need. and instead of storing that money up I would rather suggest the money should be invested it will be better that way.

and the good thing about funds is that everyone needs funds both the young and the old, I won't say people feel too lazy to work because even getting a job now is hard and even after securing a job the pay does not meet up with your expenses. and if you want to argue then you can check the number of unemployed out there they are increasing every blessed day and the only people enjoying the pay role are does into tech and politicians in my country are cashing out big time.

and the government is already losing control over a lot of things, and looks like they trying to solve a particular problem and another one is coming out of nowhere so is just as if the situation now is that everybody needs to start thinking about how to help them self. I always have concern for does that are already married.

[Farma]

I can’t tell that it’s bad parenting. Maybe parents have some lapses in teaching and instilling in their children the value of saving but that does not mean that these parents are actually showing bad parenting. There are actually some parents who do the savings for their children, so that in the near future, when these children have reached their mature age, that’s the time they can get their savings and spend and manage it wisely based on how their parents have taught them on how to manage their finances.

The role of parents is actually quite big here, but when someone is an adult they can determine what is good and bad in life.
Managing finances in life is something that determines our future, so it is quite important to be able to learn how to manage finances.

In our youth we will be faced with difficult choices and the influence of the environment is quite large so that there are many temptations that prevent us from starting savings. This is a big challenge for young people who have to put aside their current lifestyle to save and that cannot be done by themselves. everyone.
As for the benefits in the future, almost everyone knows about it, but not everyone can do it, it all comes down to each individual.

[Hewlet]

Look, you can be old and rich or young an poor, but being old and poor is bad shit.

seriously! When you look at an old person that is struggling financially you tend to wonder what he did with his youthful age that resulted in his current situation at the moment.

The mistake most people make is that they use their youthful age all out and spend all their earnings on frivolous stuff forgetting that a time would come when their strengths will become weak and what they will need to depend on will be more of their investment.

While one is still young, it's necessary to invest in business that will feed you in the future, invest in people and set up real financial structure that will back you up when your strength will fail you. Old age is a certainty for everyone and it's just unwise to make your plan without putting that in consideration.

[jasonjm]

Look, you can be old and rich or young an poor, but being old and poor is bad shit.

A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.

All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same  to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.

I agree with your point of view on saving. When you start earning, you want to spend all your money on useless stuff and show off. This will hurt you in the future because you are not saving anything, and the cost of things i.e. property, gold, silver, Bitcoin, etc., is continuously increasing. If you are not saving now, you can not afford any of these things in the future.
With growing age comes greater responsibilities because you have started your family and now have kids, and you have to spend a handsome sum of money on your family. Build your wealth when you have limited expenses, and try to increase your investments every year if you want to survive the upcoming global inflation.

[SmartCharpa]

Look, you can be old and rich or young an poor, but being old and poor is bad shit.

A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.

All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same  to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.

From an early age, that is the most important thing we should understand. Regardless of the circumstances, we must save or invest money as we cannot predict how long our income will last. However, some people find it difficult to save or invest since conditions are not comparable. We must understand that time waits for no one. I think some people are still regretting, they failed to save in their young age. They believed that was how things will always remain. Spending money when we're young only to show up nice and do what we want with our money isn't good for us. While some people find it difficult to save money, we should at least figure out how to invest for those who struggle to save money in their bank accounts.

There is one thing I know too well, that it's not my fault I'm from a poor background but it will be my fault if I remain in that background. At the very young age of men it's meant to be spent wisely knowing too well that in less than no time nature will take it's part in your life and you will be left no chance of changing the past.
Make haste while the sun shine.

Coming from a poor background is not anyone's fault; nevertheless, some people are making a lot of effort not to remain in the same background, but nothing change. If we continue to live in poor background, it will definitely be our fault because what will we tell our children when the time comes that we put in a lot of effort but nothing seems to be working out? There won't be anything we can do about it when we become old, we truly need to take our responsibility to make it right while we're still young.