Save while young better than wait

[Asuspawer09]

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.

For sure times really are fast, when you are already an adult you're going to realize that time is really just so fast and still you think you doesnt have enough savings or investment considering your already in middle age. This was probably one of my mistakes when I was still a student, even though I'm still a student I'm able to earn a huge amount of income in cryptocurrency and projects if you can remember we have ICO projects, and cryptocurrency trading and I'm able to earn a good amount of profit on that but my mistake and mindset that time is dumb, I kinda regret some of my decision at that time because in my mind it's okay to spend the money because it's still early I'm still a student soon I'm going to graduate and get a job that is when I'm going to save.

Not everything is not really smooth sailing unlike back then when I could easily good profit in just a short time, I mean I earn an okay income in my fulltime job and side hustle but its kind of difficult before even get that kind of money, and when I put savings I kinda feel like my salary is not enough anymore. Now there is a lot of for sale land near my area and I really regret not saving some today, if I just saved it until now I'm be able to buy land that is a good investment. My take here is not every time your going to have the opportunity to earn money, nothing is going to last forever so if your getting lucky today and earning a huge amount of profit or income make sure to always save for the future, while you still can.

[JiiBs]

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

I hoped you would say young and rich for a category because, that’s where it’s the more enjoyable and everyone would want to be, young, healthy and rich. You find better ways to enjoy your money at that stage to life and achievements, have the courage to go into debt investments of the times too than when your old. When your old, it’s mainly about relaxing, responsibilities and don’t have much need for having a good time. You get to think about how to share and what would become of your legacies but, in all, you would have a sense of fulfillment.

[slapper]

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.

For sure times really are fast, when you are already an adult you're going to realize that time is really just so fast and still you think you doesnt have enough savings or investment considering your already in middle age. This was probably one of my mistakes when I was still a student, even though I'm still a student I'm able to earn a huge amount of income in cryptocurrency and projects if you can remember we have ICO projects, and cryptocurrency trading and I'm able to earn a good amount of profit on that but my mistake and mindset that time is dumb, I kinda regret some of my decision at that time because in my mind it's okay to spend the money because it's still early I'm still a student soon I'm going to graduate and get a job that is when I'm going to save.

Not everything is not really smooth sailing unlike back then when I could easily good profit in just a short time, I mean I earn an okay income in my fulltime job and side hustle but its kind of difficult before even get that kind of money, and when I put savings I kinda feel like my salary is not enough anymore. Now there is a lot of for sale land near my area and I really regret not saving some today, if I just saved it until now I'm be able to buy land that is a good investment. My take here is not every time your going to have the opportunity to earn money, nothing is going to last forever so if your getting lucky today and earning a huge amount of profit or income make sure to always save for the future, while you still can.

You've made mistakes, but who hasn't? This is about how you're fixing your mistakes today, not past ones. Yes, saving for the future is important, but it's more than just putting money under your mattress

Bitcoin is a personal finance revolution, not just an asset. You or anyone can get back on that train. The market's mature, but growth potential? Immense. Diversification and strategic investment are crucial. Avoid putting all your eggs in one basket, but don't disregard Bitcoin's golden goose

Your full-time and side gig? Part of the equation. But don't forget passive income streams and investments that work for you while you're not looking. Digital real estate like Bitcoin and other cryptocurrencies is fantastic too. They're not exclusive. Your income feeling insufficient is a warning to innovate, not stagnate

[MarjorieZimmermanGinger]

You've made mistakes, but who hasn't? This is about how you're fixing your mistakes today, not past ones. Yes, saving for the future is important, but it's more than just putting money under your mattress

It doesn't matter because mistakes can mature a person as long as they want to continue to improve and I am also one of those people who have made mistakes in the past. Saving is important but as you said, don't just put money under the mattress because it's a shame that the money we have is not productive.

Bitcoin is a personal finance revolution, not just an asset. You or anyone can get back on that train. The market's mature, but growth potential? Immense. Diversification and strategic investment are crucial. Avoid putting all your eggs in one basket, but don't disregard Bitcoin's golden goose

When people are able to take responsibility for preparing for their future, there must be strategic steps that must be taken. Invest in several assets for the future and see the opportunities for value growth, choosing bitcoin, gold and land may be the right choice, but to what extent the capital capacity we have can deliver these three investment models. If it's not ready then choose one to run first and set the next target if you have made a profit.

Your full-time and side gig? Part of the equation. But don't forget passive income streams and investments that work for you while you're not looking. Digital real estate like Bitcoin and other cryptocurrencies is fantastic too. They're not exclusive. Your income feeling insufficient is a warning to innovate, not stagnate

We should not wait because that is why people who have ideas and are creative make money faster and they also consider how to earn. The consideration of risk does not have to be greater than the desire to get out of the comfort zone because if people are too afraid they will never be able to progress further.

[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.

[shinratensei_]

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

I hoped you would say young and rich for a category because, that’s where it’s the more enjoyable and everyone would want to be, young, healthy and rich. You find better ways to enjoy your money at that stage to life and achievements, have the courage to go into debt investments of the times too than when your old. When your old, it’s mainly about relaxing, responsibilities and don’t have much need for having a good time. You get to think about how to share and what would become of your legacies but, in all, you would have a sense of fulfillment.

everyone want to be young and rich but not much of us could be achieving that dream, its kinda difficult dream to be realized, unless we are silver spoon but unfortunately the world generally made up of poor people as majority, thats why good share of us don't even have something to start with.
i mean i understand those influencers in youtube mostly are young enough and also rich i want to be one of them but I know that being a successful person requires to be in the right time and at the right place.
at least if we are well off enough when we are old, its already good enough, as he has said being old and poor feels like shit and I can see it from many people that went bankrupt when they are old there's quite literally nothing they can do.
just surviving and surviving, because world is unfair for those that are fragile and weak thats the truth.
one way to overcome this, pre planning from very early, pay all those pension funds, try to find good house to live in and so on gonna be tough journey but worth it also you will feel excitement along the way and im doing it.

[Inwestour]

We should not wait because that is why people who have ideas and are creative make money faster and they also consider how to earn. The consideration of risk does not have to be greater than the desire to get out of the comfort zone because if people are too afraid they will never be able to progress further.

There must be some kind of incentive that will move you forward, for me it was the desire to be free, financially. I understood that this is what I need, financial independence so that I can fully manage my time as I want, and I understand that for this I need to achieve a certain capital that will continue to work for me while I can continue do your own thing and not depend on anyone or any work.

The sooner we start moving towards achieving our goals, the sooner we will achieve them. There can be no excuses when it comes to our freedom, in my opinion, this is the most valuable thing a person has, and each of us must take care of this on our own.

[avp2306]

We should not wait because that is why people who have ideas and are creative make money faster and they also consider how to earn. The consideration of risk does not have to be greater than the desire to get out of the comfort zone because if people are too afraid they will never be able to progress further.

There must be some kind of incentive that will move you forward, for me it was the desire to be free, financially. I understood that this is what I need, financial independence so that I can fully manage my time as I want, and I understand that for this I need to achieve a certain capital that will continue to work for me while I can continue do your own thing and not depend on anyone or any work.

The sooner we start moving towards achieving our goals, the sooner we will achieve them. There can be no excuses when it comes to our freedom, in my opinion, this is the most valuable thing a person has, and each of us must take care of this on our own.

We can't attain the financial freedom goal by saving since our growth will just stop there and the many we use for that reasons will be only use for emergency needs or other priorities.

But if we find more ways to find good multiple investments then be successful to get out on modern slavery life style and we can do all we want since we have freedom to decide for ourselves. But this can't be attained for short period of time only that's why people should work for it so that we can achieve this goal. I know many people want to be financially secured and free that's why we need to take action while we are young.

[indah rezqi]

~~ Snip ~~

There must be some kind of incentive that will move you forward, for me it was the desire to be free, financially. I understood that this is what I need, financial independence so that I can fully manage my time as I want, and I understand that for this I need to achieve a certain capital that will continue to work for me while I can continue do your own thing and not depend on anyone or any work.

The sooner we start moving towards achieving our goals, the sooner we will achieve them. There can be no excuses when it comes to our freedom, in my opinion, this is the most valuable thing a person has, and each of us must take care of this on our own.

We can't attain the financial freedom goal by saving since our growth will just stop there and the many we use for that reasons will be only use for emergency needs or other priorities.

But if we find more ways to find good multiple investments then be successful to get out on modern slavery life style and we can do all we want since we have freedom to decide for ourselves. But this can't be attained for short period of time only that's why people should work for it so that we can achieve this goal. I know many people want to be financially secured and free that's why we need to take action while we are young.

One way to achieve financial freedom or at least become financially stable is to invest, saving is not a solution because the money will never increase. When we understand well how money works to make money, We will probably abandon that savings model. The value of money will decrease, unless we save it in the form of assets such as gold, land, or buy property, otherwise we have to accept the fact that the value of the money we have will decrease drastically over time. Especially if a country has a history of high Inflation, Saving money using the savings model is a path full of risks.

Personally when I started learning how to invest in the world of Crypto, for now that is the only type of investment that interests me. That doesn't mean that other types of investment are not interesting, but I see opportunities to gain profits that are a little easier, depending on our level of understanding of market movements and other things involved. However, if it is in the form of assets, I will tend to choose to invest in gold, because the process of buying and selling it is easier than buying land or property such as a house.

[Miles2006]

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

I hoped you would say young and rich for a category because, that’s where it’s the more enjoyable and everyone would want to be, young, healthy and rich. You find better ways to enjoy your money at that stage to life and achievements, have the courage to go into debt investments of the times too than when your old. When your old, it’s mainly about relaxing, responsibilities and don’t have much need for having a good time. You get to think about how to share and what would become of your legacies but, in all, you would have a sense of fulfillment.

If I'm not getting your idea wrong I might disagree with this opinion. Although people will say enjoy your money when you're alive cause no one knows what might happen next but let's not get this statement wrong and spend carelessly at a young age, at least when you're young and poor you can always change the story cause at that age you're healthy and fit to work hard but have you seen a poor old man without proper care and finance, no one should actually pray for this and even if there's a chance for such old man to work such person will not hesitate. Poverty is not something we should joke with even in our youthful age and old age, people actually create generationally wealth for their generation so this is a perfect example why you should never spend carelessly.

[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.

Saving while young is a good starting point, in the sense that your net worth is positive instead of in debt, but really once you've acquired a decent backup fund to get you through say 6 months of tough times - you need to start to think about investing instead. Saving rates are good at the moment and a very reasonable way to invest, but they are an anomaly compared to the previous 10 year period where saver rates fell below 1.5% per year. Compared to having your money invested in the stock market during that time, you would have lost so much compounding potential and the real world value of your money would have been eroded away if you left it in savings accounts instead. The point being that you need to be dynamic and flexible, adjusting to the financial opportunities that are available to you at the time.

[lalabotax]

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.

[Mahanton]

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.

You would really be only be able to see the importance of savings on the time that you would really be needing it but on the time that you are still on a good condition and you do still have the money to spend then you wouldnt really be caring at all on which you would really be that not minding about having savings because you are confident that there would really be no things that would be happening on you on which
this is a very wrong mindset because we do know that there's no such thing on this world would be permanent on which there would really be those things which we dont really expect.
There would really be those things or moments that we didnt really that anticipated that it could happen. What if it would really be needing up more that financial support?
And since you are someone who doesnt have that savings then you would really be able to see yourself that being fucked up on such situation.

[batang_bitcoin]

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.

Because they've got more experience in life. I've done this before and it's a wise thing to do when you don't have a mentor. You'll get life lessons from them and they'd definitely going to guide you to have a better future as you grow older. Not only the parents but whomever you think is a successful person and are already old, they've got a lot to say and you'll figure it out if they want harm or not. But most of them just want to see someone younger become successful in life.

[Fara Chan]

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.

Usually, people who are starting to get older and whose physical abilities are starting to weaken or decrease with the amount of energy they have at work will look for other ways to continue earning in order to continue saving in amounts that are not much different from when they were still at a young age. For example, making several investments in the best assets that are quite real and also opening a shop that can provide benefits for him by not having to rely on more physical energy.

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.

I think if that's what every older person asks, of course there is a difference. Especially if the question asked is about the income they earned in their youth and also currently. So you also have to see how many older people are starting to change their way of thinking and working in order to adapt it to today's times so that they can still make more money. Although not by relying on his physique, which is already quite weak compared to today's young people.

[MarjorieZimmermanGinger]

There must be some kind of incentive that will move you forward, for me it was the desire to be free, financially. I understood that this is what I need, financial independence so that I can fully manage my time as I want, and I understand that for this I need to achieve a certain capital that will continue to work for me while I can continue do your own thing and not depend on anyone or any work.

The sooner we start moving towards achieving our goals, the sooner we will achieve them. There can be no excuses when it comes to our freedom, in my opinion, this is the most valuable thing a person has, and each of us must take care of this on our own.

Initiative will be present when we have ideas because it is very impossible for people to have initiative in the midst of bad economic conditions because all they think about is how to find a bite to eat for their family. Financial freedom is difficult to obtain when people don't dare to leave their comfort zone and the small capital we have must be maximized on something that is much more productive. Saving can be done if people have a stable income and it is impossible for people whose lives are difficult to make a savings portion.

If you want to gain financial freedom, saving is not something you need to do regularly because the mindset of successful people will be very different from people who don't dare to take risks. Successful people save less than developing a business or investing because they think saving is not very productive, whereas running a business or investment can provide profits so that the money we have is more productive.

[Y3shot]

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

I hoped you would say young and rich for a category because, that’s where it’s the more enjoyable and everyone would want to be, young, healthy and rich. You find better ways to enjoy your money at that stage to life and achievements, have the courage to go into debt investments of the times too than when your old. When your old, it’s mainly about relaxing, responsibilities and don’t have much need for having a good time. You get to think about how to share and what would become of your legacies but, in all, you would have a sense of fulfillment.

The reason money is important when one is old is because by that time you won't have the energy of chasing money and when one is old you can fall sick at anytime and in a situation like this money is needed to go for treatment.  Old age you need to eat good food to nourish yourself well to be strong. When one is young you decide to eat junks and still be okay but at age you can't eat food like this because it going to affect the health 

[nurilham]

The reason money is important when one is old is because by that time you won't have the energy of chasing money and when one is old you can fall sick at anytime and in a situation like this money is needed to go for treatment.  Old age you need to eat good food to nourish yourself well to be strong. When one is young you decide to eat junks and still be okay but at age you can't eat food like this because it going to affect the health  

Getting old doesn't mean to have no energy to collect money. There are many old people who have more energy to collect money. We must remember that collecting money won't be always with physical activities, but we can collect money with our intelligence. Be the owner of a shop is one of the ways to collect money. When you are an old person, you probably prefers to lower your physical activities. For the physical activities, we can hire young people.

However, to have a shop or run a certain business, it requires money. Saving is one of the source to get enough money for running a business. But smart people won't rely on the saving only, he must also try to have investments. Saving may be a source of reserved money, meanwhile investments for growing our money in the future. Reserved money will be important for urgent needs such as getting sick.

[Ndabagi01]

You have a point with what you've just said about saving now for your later years so that you can live a more comfortable life when you get there. Many people do not save when they are young because they believe that no one is promised tomorrow and that if you are no longer alive, the wealth you have accumulated and saved will be used by someone who did not work for it, such as family members or anyone who comes into contact with that wealth. It is beneficial to consider the two while thinking positively about living a longer life and enjoying the wealth you have accumulated in your youth days.

[Renampun]

...

...

Time once gone never comes back just as money cannot be earned throughout life. There is a time frame for doing anything, those who can use that time to the fullest are successful. What I personally value is savings. I may have an opportunity to earn money today, but there is no guarantee that I will be able to do so regularly tomorrow. If something like that happens then we must know how we can control that time. We all know that life is not a bed of roses. The time we are thinking of enjoying is considered by many to be the perfect time to make a bright future.

what you say here is true, time cannot be returned, neither can money, when we spend it on unimportant things it will be a waste, don't let us regret it later because the money we earn won't last long in our hands, saving is important but investing is much more important, this must be applied to many people, so that when old age comes, the money will still be there.
it's very painful when we are in an emergency situation but don't have the money to cover the emergency costs, the most important thing in this world is money management, many people fail to do this and end up poor in old age because they are very bad at money management.