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Author Topic: Save while young better than wait  (Read 3150 times)
stomachgrowls
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February 09, 2024, 06:21:05 PM
 #241

I couldn't agree more.

Don't abuse the saying "you only live once", because that will leave you with nothing, and your friends won't even bother asking you if you're okay when you have no money. Keep saving for yourself, don't waste your money too must for your pleasure, and to please your friends or coworkers. Always invest your money, don't buy too much of your wants.
When we are young, it would be very good if we could invest for the future, because if we don't invest then we will spend all the income we have on things that are not necessary and we will use it for momentary pleasure and we will never regret it before we are old and when we are new masters we regret it because we didn't invest first when we were young.

Yes, it would be better for us to save for ourselves and never spend the money we have on things we don't really need. This will make us unable to have savings and always manage the income we have so that we don't spend it on desires that are in vain.
Easy to say but when you are on such situation then it would really be just that hard to be done by someone on which they are still into those times that they arent minding about priorities and other future correlated stuffs
on which we do know that we are still heavily relying with our parents or guardians when it comes to money aspect on which it isnt really shocking that there would really be those kind of approach.
On the time that we do make out those kind of personal realizations then this is where you would really be considering yourself on taking up some individual action on which it is really that pertaining or in connection
with the future that you are trying out to make.

Savings while you are young could really be that having those benefits on the time that things you would really be needing to adjust up and if you do have plans on making investment or
business then you could be able to do so since you do already have the money on doing so.This is why it would be best that you should really be having
those advance plan of course.

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February 10, 2024, 11:38:25 PM
 #242

Reducing spending, investing and moonlighting are some of the best ways to do this. I haven't bought anything I don't really need for a long time. I invest in Bitcoin, I work overtime where I work. That's all I can do for now. My biggest dream is to own a farm and get away from all the cursed noise of the city. I believe I will grow old peacefully in such a place.

In the past, when ways to accumulate wealth were more limited, people overcame this problem by making more children. Children are part of wealth. A good child will take care of you in your old age. :)

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February 11, 2024, 01:23:11 AM
 #243

It is very true that we have to prepare everything, including financial matters, since we are still young. Because if we don't prepare from a young age then I'm sure we will regret it when we are old.

Apart from finances, we also have to maintain our health by adopting a healthy lifestyle from a young age. I see many young people working too hard to get good financial results. But he neglected his health. For example, he lacks sleep or rest time. Because even though we have succeeded in building good finances since we were young for our old age, it will not bring happiness if we cannot maintain our health.

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February 11, 2024, 06:25:17 PM
 #244

Save while young better than wait,should be in every body's agenda everyday,most time we work ourself out too much and live by the day, forgetting to save more.cause when you are young you have all the energy times two to use off.is better to work hard and save while young than wait.let take a good look at this examples, footballs, boxers they work so hard at there young age and the retire early at the age of 40 and enjoy there retirement what a perfect age to retire.
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February 11, 2024, 07:13:07 PM
 #245

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.

it's true that while we are young, use our time as best as possible and make as much money as possible because what will help us in the future is ourselves creating wealth from now so that we can enjoy our wealth in the future. There is no such thing as getting rich quickly, don't be lazy so that when we are old we are not poor and don't waste money, start investing now and respect things called time and money

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February 12, 2024, 05:48:58 AM
 #246

It is very true that we have to prepare everything, including financial matters, since we are still young. Because if we don't prepare from a young age then I'm sure we will regret it when we are old.

Apart from finances, we also have to maintain our health by adopting a healthy lifestyle from a young age. I see many young people working too hard to get good financial results. But he neglected his health. For example, he lacks sleep or rest time. Because even though we have succeeded in building good finances since we were young for our old age, it will not bring happiness if we cannot maintain our health.

Of a truth, just like an idiomatic expression "a stictch in time save nine" which means that it is better to make preparation earlier than to wait while it's too late. It is important to understand that at a young age is the time to start making good plans for the future because that's actually the time when we are strong, vibrant, energetic and healthy. Making earlier preparation in life saves us from embarrassment and regrets in the future because if you make good plans at a very young age it saves you the stress to be over working yourself when you are growing old and your offspring would be glad and happy that they've got a good dad who prepared and set the table earlier for them and it will also pave way for them to become successful because they've got all the necessary resources to enhance their upbringing so it is important to emulate a savings lifestyle because saving for the future is just like securing one's future for a better living when one may not have the zeal and energy to work too much again.

Also maintaining a healthy lifestyle is also very important just like a saying "health is wealth". Giving one's health adequate attention is very important because if the body isn't healthy it would be difficult to make wealth because not being healthy affects the psychological well-being of an individual because at a time when you should be thinking of positive things to do in other to have a good living, it would be spent on health related issues which tends to disrupt one's plans for the future that is why it is very important to give one's health a good attention whenever the need arises and to always go for check-up from time to time to know the state of one's health.

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February 12, 2024, 06:10:58 AM
 #247

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

-snip-

Look paxmao: a friend of mine recently told me that "I will die rich", simply because I don't like wasting my money the way he does Cheesy (in fact, although our wealth is similar, he tends to try cheating on me so I pay for his whims, and as I don't have these vices and don't fall into his childish traps, he gets frustrated).

I'm aware that we only live once and youth won't last, so we must enjoy our time doing things we like. But I'm also aware that one must be sensible and save for the future, which is uncertain by definition. Just in case plan BTC doesn't work the way we all want, we should start saving for the future.

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February 12, 2024, 06:17:19 AM
 #248

That's probably a miserable life if you didn't even save up for retirement and you're not well-off when you're not fit to work for money, you're going to need a lot of money even more because you want to make sure that you're getting all the assistance you're going to need because your movements are the one that's going to be affected the most. I don't totally agree with the advise though, if you wait to have fun or enjoy your money when you're old and have a really low energy then that's not how you'll want to live, all work no play kind of lifestyle is the kind of lifestyle that will definitely make you kiss the barrel of a gun alone at your living room.



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February 12, 2024, 06:21:53 AM
 #249

but for some people it is difficult to do in developing countries the difficulty of employment means that young people may have to support their parents and families, so their opportunities to save are very small.
they work a month and the money is only enough to support their living, there is nothing left to save/invest.

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February 12, 2024, 07:04:16 AM
 #250

I agree, there are people who think I'm tired of working for a month, I should enjoy the results and make my life happy, but that's at first, and then those people realize that their fun will soon end and start the routine again from the beginning.
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February 12, 2024, 07:20:30 AM
 #251

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.

it's true that while we are young, use our time as best as possible and make as much money as possible because what will help us in the future is ourselves creating wealth from now so that we can enjoy our wealth in the future. There is no such thing as getting rich quickly, don't be lazy so that when we are old we are not poor and don't waste money, start investing now and respect things called time and money

At a young age of course there are those who say it is a fiery period, therefore there is nothing wrong with having fun too but don't have too much fun too because there is a future that must be thought of with a young age because I occasionally hear parents who say "while you are still young work hard so you don't regret it like me" this I occasionally hear it with these words as if slapping me where I am indeed required to work hard at a young age so as not to experience a bleak future.

It is true that there is no quick way to get rich, although there are some people who believe they can get rich quickly and believe in things that can make them fast it is impossible, because we know that to achieve success, of course, there must be a struggle and process, therefore we must work hard in order to achieve wealth. I agree with you, respecting time and money well is a must, because many young people tend not to be able to appreciate these two things because they tend to only think about temporary pleasures.

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February 13, 2024, 02:59:19 AM
 #252

but for some people it is difficult to do in developing countries the difficulty of employment means that young people may have to support their parents and families, so their opportunities to save are very small.
they work a month and the money is only enough to support their living, there is nothing left to save/invest.
We should not follow other people in creating savings preparation schemes and as much as possible we should find ways to do it. The difficulty of getting a job is a fairly basic problem, people do not have a stable source of income and expenses, which affects the savings patterns they adopt. If at a young age we are unable to save, it will be much more difficult for us to implement it when we have a wife and children because the expenses will increase.

The small salary from work can only cover the necessities and it will be much more difficult to make a portion of savings in such conditions. The way to increase income and reduce unnecessary expenses so that people can save in an amount that suits their abilities. If you don't start now, the expenses will increase day by day, making it much more difficult.

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February 13, 2024, 04:12:27 AM
 #253

Needs that must be met in old age are not small. Therefore, choosing savings in old age is expected to avoid a sense of concern for many expenses when in the future. Savings for the future or for old age are also useful so that you do not need to depend on anyone, for example to children or other family members. When you need one day, you only need to use the funds that have been prepared beforehand. Therefore, trying to invest at a young age, because the most common benefits of investment can increase the value of assets and wealth. With the funds you have today, your funds can develop into more later. This increased asset will certainly develop your wealth without the need to rely on each monthly or salary. If it has entered the old age, when the productive age has passed, surely the income will be reduced. With investment, you can prepare for a bright future and old age. If you have planned an investment from now on, you have enough funds to use and enjoy in old age. Don't worry, there's still time to learn about investment. As a prefix you can understand some terms about investment. Come on, what are you waiting for. Try investing at a young age for our future survival or in old age.
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February 13, 2024, 05:42:15 AM
 #254

Reducing spending, investing and moonlighting are some of the best ways to do this. I haven't bought anything I don't really need for a long time. I invest in Bitcoin, I work overtime where I work. That's all I can do for now. My biggest dream is to own a farm and get away from all the cursed noise of the city. I believe I will grow old peacefully in such a place.

In the past, when ways to accumulate wealth were more limited, people overcame this problem by making more children. Children are part of wealth. A good child will take care of you in your old age. Smiley

I am inspired by what you have implemented with BTC and the addition of other work will be quite helpful in old age. Of course, after I read it carefully, it is a very pleasant wish and of course you have prepared it carefully beforehand. Yes. exactly as you suggest while you are still young, your body is still strong and your mind is still fresh, of course it must be hastened otherwise it will definitely be a hassle in old age.

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February 13, 2024, 11:20:15 AM
 #255

but for some people it is difficult to do in developing countries the difficulty of employment means that young people may have to support their parents and families, so their opportunities to save are very small.
they work a month and the money is only enough to support their living, there is nothing left to save/invest.
We should not follow other people in creating savings preparation schemes and as much as possible we should find ways to do it. The difficulty of getting a job is a fairly basic problem, people do not have a stable source of income and expenses, which affects the savings patterns they adopt. If at a young age we are unable to save, it will be much more difficult for us to implement it when we have a wife and children because the expenses will increase.

The small salary from work can only cover the necessities and it will be much more difficult to make a portion of savings in such conditions. The way to increase income and reduce unnecessary expenses so that people can save in an amount that suits their abilities. If you don't start now, the expenses will increase day by day, making it much more difficult.

In my opinion, the problem is with work and income. The difficulty of getting a job nowadays is real, many young and old people don't work because there are no jobs, even though there are jobs, sometimes they require difficult conditions, such as paying first, even though if we think about it  working is the goal. to make money, but instead you are told to pay a large amount in advance, if you really have to pay like that, why don't you just deduct it from the salary you will make in the first month of work, sometimes that annoys me I don't know if this only happens in other countries. me or it also happens in other countries.

It's true what you said, if at a young age you can't save even though you already have a job, it will be difficult if you already have your own family such as a wife and children, because of course kitchen needs will also increase especially with children, expenses will increase too. Indeed there are still many people or people who spend their money on things that are not very important, so that it affects their finances. The thing that must be paid attention to is this, reducing unnecessary expenses. So it's possible to save money even with a small income. What's also important is good money management. Even if you have a large income, you can't manage your finances well, so it's possible that the income you generate could run out and end up somewhere.

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February 14, 2024, 10:36:05 AM
 #256


After learning inflation can devalue your cash, I wouldn't really recommend saving in this untimely situation where the inflation keeps rising. Today, what a person should do is become a prepper and spend his money on what he can afford for now because he may not afford it later. And if a person can afford to invest instead, then it's a better choice than saving.

I agree with what you said, especially now that we can feel the increase in expenses in the country, it is really advisable that we should invest if we are capable to do it, but that does not mean that we should set aside about savings. It is better to have savings too so that we can have a money to spend on our needs in life. As you can see, Not everyone has their own savings and investment so it's better to find out for yourself what you can prioritize, and if you have too much money, you can do them together.

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February 14, 2024, 12:06:30 PM
 #257

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.

It depends on the abilities of the person, some people already have a backup plan made by their parents or grandparents so they don't care too much but if you are a person who knows how hard to earn money and you already have experience and you don't want to get experience from your children you will enlighten them how ideally use to save up money. Also tips from people who have experienced this while you are younger, it's ideal to save up money so you don't have to worry too much when you get old. This thing needs to be taught in school how to manage money properly so while they are young they know what are the implications of having savings and getting financially free.

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February 14, 2024, 01:13:00 PM
 #258

I think everyone here definitely wants a happy life with economic prosperity. To achieve a level of economic freedom in old age, early preparation is needed as better economic preparation in old age. Everyone has the opportunity to develop financially in the future, to achieve financial freedom in the future you need to get out of the trap of bad thinking that can endanger your finances. Money that is consistently set aside from a young age can be used in the years to come when it is really needed.

Saving really helps you when you need money suddenly, but the concept of being free from all financial problems in old age is investing. Investments can be made even if sources of income are very limited, anyone can start the investment process with a small amount. It takes discipline and time to accumulate larger investments. For anyone who wants to avoid a poor old age, don't delay investing, because investment is one way to build wealth over time.


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February 14, 2024, 01:39:49 PM
 #259

It is very true that we have to prepare everything, including financial matters, since we are still young. Because if we don't prepare from a young age then I'm sure we will regret it when we are old.

Apart from finances, we also have to maintain our health by adopting a healthy lifestyle from a young age. I see many young people working too hard to get good financial results. But he neglected his health. For example, he lacks sleep or rest time. Because even though we have succeeded in building good finances since we were young for our old age, it will not bring happiness if we cannot maintain our health.

Of a truth, just like an idiomatic expression "a stictch in time save nine" which means that it is better to make preparation earlier than to wait while it's too late. It is important to understand that at a young age is the time to start making good plans for the future because that's actually the time when we are strong, vibrant, energetic and healthy. Making earlier preparation in life saves us from embarrassment and regrets in the future because if you make good plans at a very young age it saves you the stress to be over working yourself when you are growing old and your offspring would be glad and happy that they've got a good dad who prepared and set the table earlier for them and it will also pave way for them to become successful because they've got all the necessary resources to enhance their upbringing so it is important to emulate a savings lifestyle because saving for the future is just like securing one's future for a better living when one may not have the zeal and energy to work too much again.

Also maintaining a healthy lifestyle is also very important just like a saying "health is wealth". Giving one's health adequate attention is very important because if the body isn't healthy it would be difficult to make wealth because not being healthy affects the psychological well-being of an individual because at a time when you should be thinking of positive things to do in other to have a good living, it would be spent on health related issues which tends to disrupt one's plans for the future that is why it is very important to give one's health a good attention whenever the need arises and to always go for check-up from time to time to know the state of one's health.
Early start? Sure, but it's more than piggy banks and pennies. Smart investing, compound interest, and diversification are key. Smart use of time is your friend. And wellness? The best investment. No money can save you if you ignore it

Healthy eating, frequent exercise, and regular checkups are essential. Dare not ignore them. Treat your body as your most valuable asset. Skipping today will cost you tenfold tomorrow, naysayers. The goal is to leave a legacy of wisdom, health, and financial security, not only to avoid humiliation or make your children happy. Do it now or regret later. Your call

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milewilda
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February 14, 2024, 02:34:50 PM
 #260

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.

It depends on the abilities of the person, some people already have a backup plan made by their parents or grandparents so they don't care too much but if you are a person who knows how hard to earn money and you already have experience and you don't want to get experience from your children you will enlighten them how ideally use to save up money. Also tips from people who have experienced this while you are younger, it's ideal to save up money so you don't have to worry too much when you get old. This thing needs to be taught in school how to manage money properly so while they are young they know what are the implications of having savings and getting financially free.
If you do have a family which is wealthy then for sure you wont really be showing any care in regarding to this one or simply with saving since you do know that you are already that secured when it comes to financial
aspect but we do know that not all would really be on such condition and this is why it would really be that best that you should really be doing some actions just for you to be able to make your future better.
You wont really be that progressive if you wont really be that making such actions and this is why it would really be that best that you should really know on what you should really be tending or having those plans.
Savings is better but having investments is much more better because you could really be able to make yourself having those kind of potential earnings on which you could really be having that kind of advantage.

You wont really be putting up yourself on such problem on finances if you do make out such move or step because not all people would really be having those kind of considerations and preparations.
Better to start young rather than on taking step when you are already old.  Smiley

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