Save while young better than wait

[MissNonFall9]

Saving is a portion of income without spending it for a larger purpose later. Savings can be framed in a consistent relationship with physical investment. That is, the amount of income you can earn at a young age will gradually decrease as you grow older. Because as you age, your physical ability will also decrease.

For this, you can talk to old people around you. To see how much he was able to earn in his youth and how much he can make now in his old age will become clear to you. So instead of delaying tomorrow one should focus on saving now and earn as much as possible otherwise the cost of opportunity will become too much.

Sure, we must allocate some of our income for saving. We need saving for urgent needs and for reserved money in the future. We can adjust how much to allocate for saving monthly, it shouldn't make us difficult to manage the money daily. For young people who still live with their parents, they don't have a pressure for the cost of foods and dwelling. That's why it is easy to allocate money for saving.

Asking for advice from old people (parents) is a good idea. They must know well about saving because they are already experiencing it. However, we also must learn saving from many sources, including from articles or books.

It is very true and common that we should be very conscious from now and it is very important to save some portion while maintaining a balance of income but not endangering life. If a person saves most of his income his opportunity will be threatened. So he can use that money in many productive activities which will make him financially stronger in his youth and make his future life much easier. You are right that we can take advice from experienced people and also learn from books of good quality authors to lead our lives beautifully and properly.

While you are still young and have a fresh mind and strong energy, the will to work must be built from an early age without having to make many excuses and wait for beautiful things which are certainly not certain. If network connections start to build and start a business to get optimal results, then you should also be able to manage your finances very well. Saving is a pretty good way, especially if you want to invest. If you do these two methods from a young age then your hopes for the future will also be better, even if you become rich you will always be a handsome man wherever you are. 

Those of us who have spent decades in this world must know how challenging it is to make money. And as time progresses more hurdles are to be faced to earn money. We also know that those who depend on their parents may not really care about saving or are not motivated to do so on their own. So in this regard they need to be motivated to take steps from the family to encourage them or accelerate their thinking. And make them understand how much it will be able to provide huge benefits to them later.

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[viananda2525]

Those of us who have spent decades in this world must know how challenging it is to make money. And as time progresses more hurdles are to be faced to earn money. We also know that those who depend on their parents may not really care about saving or are not motivated to do so on their own. So in this regard they need to be motivated to take steps from the family to encourage them or accelerate their thinking. And make them understand how much it will be able to provide huge benefits to them later.

Young people must have big dreams from an early age and they are willing to do something to produce work. It is indeed difficult if young people are directed to be diligent because their minds are not yet mature and perhaps they still depend on their parents even though that is very wrong. I quite believe that from a young age they don't know never give up. Getting an education, joining an organization and building a network is one way to success. If they continue to move forward then that big dream will be achieved. So, if young people have started the process, they will get on the right track, including later saving and investing.

[BD Technical]

Whether you are big or small or old, your money has value, money has value from childhood, whether you save or invest depends on you.  But in all cases, the customs are the same in all countries, because if you don't have money, then you have no value. Whether you invest or make a profit will depend on your value.  But I think that in the future, all these people will become fakirs and become paupers and become poor.  If you are waiting for someone or you are investing in someone, you have to wait whether you save or invest.  But in that case, I feel that even though not everyone benefits everyone, if you wait for someone, there is no value if they don't pay for you.

[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 younger generations can really struggle to save money for a variety of reasons, firstly and probably most importantly is they don't earn very much to start. They will often begin in lower level retail or hospitality type jobs, because those companies want cheap workers that turnover. Secondly most people have a learning curve through life and when you're young you can be easily influenced by the media with endless marketing directed at you to buy the latest fad or even high end items. It takes a while to mature when it comes to finances. However lastly, saving a small amount is a good idea, but you should really take (reasoned) risks when you're young as you have more opportunity to make money back in future.

[Youngkhngdiddy]

Young people must have big dreams from an early age and they are willing to do something to produce work. It is indeed difficult if young people are directed to be diligent because their minds are not yet mature and perhaps they still depend on their parents even though that is very wrong. I quite believe that from a young age they don't know never give up. Getting an education, joining an organization and building a network is one way to success. If they continue to move forward then that big dream will be achieved. So, if young people have started the process, they will get on the right track, including later saving and investing.

  You will have money set aside as an emergency fund you can use in a crisis like we are going through now where millions have lost employment. Also, you will have money for retirement instead of people who only rely on social security as their entire retirement income. At a young age, that might not seem important, but as you age you will see the wisdom. People who save young, build up a financial discipline. It's a good discipline to learn to live below your means. When you start saving at a young age, you will reach your financial goals sooner. The more you save at a young age, the more compounding interest will multiply your funds.
  Life is not always sunny. Everyone will have his/her rainy day. With saving, rainy day is just an inconvenience. Without saving, it’s a major disaster that could lead to homelessness and death. If everyone has saving of at least 1 year of living expenses, the population of homeless would be much much lower. I am not physically strong. I know I wouldn’t last long on the streets. Financial security gives me peace of mind and it’s priceless. It's never too early or too late to start saving and investing, but starting early can have a significant impact on your long-term financial success. The key is to start small, be consistent, and seek professional advice if necessary.

[nara1892]

This means that I think this is a choice, or what it means is that you just have to choose whether you want to enjoy a beautiful time when you are young or old, if for example you want to enjoy everything when you are young then yes you can follow the wrong advice as mentioned by the OP where you don't need to save and it is better to spend the money you have as you like on anything including for some things that are not very important or even useless or doing things that will not be beneficial in the long run, especially for your future.

But that's not the point because I think everyone wants a bright future which as suggested by the OP that saving or investing early is a smart way to create a beautiful future with an established financial situation, meaning that from now on we are advised to take advantage of the situation and circumstances in the sense that when you have a salary that is for example more than the expenses for living needs then obviously you can leave a little to invest in the long term with the aim of achieving an established future, but unfortunately I think it is a fact that most young people prefer to spend everything when they are young, and maybe they are still in an immature mindset.

[iBaba]

The younger generations can really struggle to save money for a variety of reasons, firstly and probably most importantly is they don't earn very much to start. They will often begin in lower level retail or hospitality type jobs, because those companies want cheap workers that turnover. Secondly most people have a learning curve through life and when you're young you can be easily influenced by the media with endless marketing directed at you to buy the latest fad or even high end items. It takes a while to mature when it comes to finances. However lastly, saving a small amount is a good idea, but you should really take (reasoned) risks when you're young as you have more opportunity to make money back in future.

As a young person, it is extremely difficult to save money because, as you mentioned rightly, you are not earning much to invest or save for another day. What you earn from your labor is not commensurate with your expenditures on basic needs. So you end up earning money, but it doesn't hold much value, and it's often used to pay debts. I have been in this situation for a long time since I started managing my finances.

There are different pressing issues around me that require immediate attention, and even when I attempt to save, something important comes up that requires the money. So, it's challenging and almost impossible to save as a young person due to these reasons.

[MissNonFall9]

Those of us who have spent decades in this world must know how challenging it is to make money. And as time progresses more hurdles are to be faced to earn money. We also know that those who depend on their parents may not really care about saving or are not motivated to do so on their own. So in this regard they need to be motivated to take steps from the family to encourage them or accelerate their thinking. And make them understand how much it will be able to provide huge benefits to them later.

Young people must have big dreams from an early age and they are willing to do something to produce work. It is indeed difficult if young people are directed to be diligent because their minds are not yet mature and perhaps they still depend on their parents even though that is very wrong. I quite believe that from a young age they don't know never give up. Getting an education, joining an organization and building a network is one way to success. If they continue to move forward then that big dream will be achieved. So, if young people have started the process, they will get on the right track, including later saving and investing.

Yes young age is the age of enthusiasm the age of unfulfilled pursuits the age of dreaming and moving forward on the path of fulfilling dreams. Need only guidance. They have to stir up the burning desire and desire within them. That's why they should be included in social and economic activities along with their education from an early age so that money management becomes very easy for them to master. So from a young age they will start saving small amounts through their activities and they will be able to use that savings to generate money. And once they become adept at investing their path to success will never look back.

[SOKO-DEKE]

Starting to save money at a young age is a smart idea because it provides the opportunity to build financial security for the future. When individuals begin saving early, they mitigate the stress of ensuring their comfort and well-being in old age. Young adulthood is a prime time to harness energy and hustle for income, laying the foundation for a stable financial future. Without prudent saving habits, there's a risk of facing financial hardships later in life when physical energy declines and the ability to work diminishes.

Consequently, the funds saved during youth serve as a crucial support system during retirement or times of decreased earning potential. Additionally, saving isn't solely about enjoying one's golden years; it also serves as a safety net for unexpected emergencies that may arise. Whether young or old, saving remains imperative to address any unforeseen financial challenges that may arise in the future. Therefore, cultivating a habit of saving from a young age ensures financial stability and peace of mind throughout one's lifetime.

[slapper]

Starting to save money at a young age is a smart idea because it provides the opportunity to build financial security for the future. When individuals begin saving early, they mitigate the stress of ensuring their comfort and well-being in old age. Young adulthood is a prime time to harness energy and hustle for income, laying the foundation for a stable financial future. Without prudent saving habits, there's a risk of facing financial hardships later in life when physical energy declines and the ability to work diminishes.

Consequently, the funds saved during youth serve as a crucial support system during retirement or times of decreased earning potential. Additionally, saving isn't solely about enjoying one's golden years; it also serves as a safety net for unexpected emergencies that may arise. Whether young or old, saving remains imperative to address any unforeseen financial challenges that may arise in the future. Therefore, cultivating a habit of saving from a young age ensures financial stability and peace of mind throughout one's lifetime.

No one disputes early savings as a boss move. Building a foundation and getting ahead while you're still hustling sets you up to win. Traditional savings aren't everything. Bitcoin must be discussed.Though unpredictable, it's a fundamental change in how we handle money and value

The normal economy? Unpredictable. Sometimes it helps, sometimes not. Bitcoin is your backup, outside the system. High inflation, weak banks, falling markets... Bitcoin can withstand hurricanes. Power is in your hands; no government or company controls it

Diversification is important, but savings are your basis. Consider Bitcoin. Saving and investing for the future. Liberation from outdated systems. This is about regular investment, not sudden wealth. Enter, let time and potential work. You play this long game to achieve financial tranquility. Do some research, and you'll see what I mean

[lienfaye]

There are different pressing issues around me that require immediate attention, and even when I attempt to save, something important comes up that requires the money. So, it's challenging and almost impossible to save as a young person due to these reasons.

I've been through the same situation before wherein the money I earned is only sufficient for essential needs and to pay off debt. I can relate to some thing is suddenly comes up when you attempted to save since I also experienced such. But it's all in the past, my financial status improved when I decided to not be contented on my main job. I look for other opportunities to maximize my earnings and it really did help. In your case, you're still young and still capable to work more than one thus if there's an opportunity just grab it. That can help to save for the future especially if you're going to invest your money.

[Lanatsa]

Starting to save money at a young age is a smart idea because it provides the opportunity to build financial security for the future. When individuals begin saving early, they mitigate the stress of ensuring their comfort and well-being in old age. Young adulthood is a prime time to harness energy and hustle for income, laying the foundation for a stable financial future. Without prudent saving habits, there's a risk of facing financial hardships later in life when physical energy declines and the ability to work diminishes.

Consequently, the funds saved during youth serve as a crucial support system during retirement or times of decreased earning potential. Additionally, saving isn't solely about enjoying one's golden years; it also serves as a safety net for unexpected emergencies that may arise. Whether young or old, saving remains imperative to address any unforeseen financial challenges that may arise in the future. Therefore, cultivating a habit of saving from a young age ensures financial stability and peace of mind throughout one's lifetime.

No one disputes early savings as a boss move. Building a foundation and getting ahead while you're still hustling sets you up to win. Traditional savings aren't everything. Bitcoin must be discussed.Though unpredictable, it's a fundamental change in how we handle money and value

The normal economy? Unpredictable. Sometimes it helps, sometimes not. Bitcoin is your backup, outside the system. High inflation, weak banks, falling markets... Bitcoin can withstand hurricanes. Power is in your hands; no government or company controls it

Diversification is important, but savings are your basis. Consider Bitcoin. Saving and investing for the future. Liberation from outdated systems. This is about regular investment, not sudden wealth. Enter, let time and potential work. You play this long game to achieve financial tranquility. Do some research, and you'll see what I mean

Diversify as much as you could on which you do see something which is viable or really that looks good for long term on which we know that the one who do have that kind of plans and other decisions which
would really be having that kind of advantage when the time comes or on the moment which those investments would really be that making some profits. Save a little portion for emergencies then you should
really make some investment and business at the same time. Dealing up with things accordingly with proper planning and setting up goals on which you know that it could benefit you out on later years.

You would really be able to determine about into those people who are that making up such actions or plans comparing into those people who hadnt made out such step earlier.
They would really be only be able to realize things when its already too late or on the time that they would really be experiencing hardships on which we know that this is something
that normal part into our life.

[Z_MBFM]

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.

If we could have spent as much money as we did in our youth and saved it in various activities, then we might have been able to save a lot of money. when we are young, we don't know how to manage money, at that time we like to enjoy life anyway, so we don't care how much money is wasted. those who can realize these things at a young age and start saving their money from a young age can build their future very well. So I would advise young people to save as much money as they can and if they want they can save it in bitcoins too

[DabsPoorVersion]

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.

If we could have spent as much money as we did in our youth and saved it in various activities, then we might have been able to save a lot of money. when we are young, we don't know how to manage money, at that time we like to enjoy life anyway, so we don't care how much money is wasted. those who can realize these things at a young age and start saving their money from a young age can build their future very well. So I would advise young people to save as much money as they can and if they want they can save it in bitcoins too

Those people who have realized to save money instead of wasting it on different kinds of activities are the kind of people who have faced or have overcome a lot of obstacles in life. While for some, there are people who are teaching them at an earlier age, or the young generation are seeing the adults around them doing it that's why they easily adopt this kind of behavior.

Not everyone has the same opportunities until they experience a scenario that can give a realization that saving is a must. However, there would be some difficulties in the long run if we only make ourselves into savings. It's better to include investing in our plans if the younger generation would plan to start saving money.

[bots1]

In my opinion, when you are young and have your own income it is very good to save. You don't have to save all your income, even if you have a little left over, it's important to save regularly. We only feel the benefits from savings when we are old, where having savings will make it easier when one day something unexpected happens that requires a lot of money in old age.

[lepbagong]

In my opinion, when you are young and have your own income it is very good to save. You don't have to save all your income, even if you have a little left over, it's important to save regularly. We only feel the benefits from savings when we are old, where having savings will make it easier when one day something unexpected happens that requires a lot of money in old age.

you are right. Of getting used to it from a young age to be able to set aside whatever you get to save is the best and very good action to do, even though usually you will always be tempted by the desire to satisfy your lust when you are young. But because of the high awareness of saving, with the aim of the future, especially when you no longer have a permanent job. So that what you have saved can be used for old age or if you want to create another business from some of your savings, this is also possible. No one knows that later when you don't work you can still do other things, of course it would be better, but if they don't have them, savings will be the saving grace.

[AVE5]

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

I would rather be rich in my youth, or rather in my best years, even at the cost of having much less or being poor in my old age. When you're young, you have far more needs and things you need to accomplish, and for that you need a lot of money - and when you get older, your needs decrease more and more and the only thing that matters is your health.

The thing there's is that you can be at your youthful age, live your life to the fullest in as much your incomes can withstand the long run for you til you aged. Therefore we should be aware that people around us would treat us the way we deserves at our old times so lets be conscious that old time without money is like being recruited to slavery because if we don't have that portfolio to enhance us with more better lives even at our old ages, we could be seemed inexistence in the society.
So therefore, let's also consider in investing on people especially family people because they'd be the ones returning back the responsibilities which we were sometimes caring about them when they needed us so at when we're in need of them they can also be present for us at oldens.
Living a comfortable old life depends on how we planned and lived our youthful life such. Life doesn't only end at youth so also, Old times also deserves good lives.

[GideonGono]

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.

Sad but true that most people don't even have plans for their future, there are people out there who are contented by living paycheck by paycheck.
They don't have plan for their future and if they have excess money from their salary they would spend it to travel or anything that they think that would relieve them from stress.
We need to think about our future to, sacrifice now and live better tomorrow this words really hit me and made me think that it is true.
We are not just working to live today or to pay bills, we are also working to have a better future.

[Furious 7]

Those of us who have spent decades in this world must know how challenging it is to make money. And as time progresses more hurdles are to be faced to earn money. We also know that those who depend on their parents may not really care about saving or are not motivated to do so on their own. So in this regard they need to be motivated to take steps from the family to encourage them or accelerate their thinking. And make them understand how much it will be able to provide huge benefits to them later.

A strong desire to change fate is sometimes formed from the experiences and lives they have lived before so that in this case motivation is actually formed when a strong desire to change fate so that what they felt in the past does not always happen in the future.
The role of the environment is sometimes quite important, but on the other hand, when we are in the scope and family with low economic levels, sometimes dreams of changing fate are thwarted by the statements of those closest to them who always underestimate which makes them unable to move faster than expected.
Situations like this always happen again and again and even not a few people who feel that way including myself but in the end it is precisely with encouragement like that that our mentality becomes more formed and has a stronger desire that what happens to us when the economy does not support does not want to be felt by our successors later so that we become harder to try.

[rojan]

If we could have spent as much money as we did in our youth and saved it in various activities, then we might have been able to save a lot of money. when we are young, we don't know how to manage money, at that time we like to enjoy life anyway, so we don't care how much money is wasted. those who can realize these things at a young age and start saving their money from a young age can build their future very well. So I would advise young people to save as much money as they can and if they want they can save it in bitcoins too

Everyone should save money from an early age but most people fail to do so when they realize that if they had saved money from an early age, they would have had a lot of money that they would later regret.  But everyone likes to enjoy their life very much but one should enjoy life as much as possible to avoid any trouble in future. There are some people who are busy enjoying life in childhood and later on they are in great danger.