Why we should prioritize investment over saving

[Yatsan]

Well, in general perspective, investment generates more money than saving however risk is present on the extent that the investment could be a scam or not profitable. It simply depends on what type of a person you are. If you're interested with investments then it would be best to be a pathway however there are peopl are are more comfortable with saving because risk present is only if it will be used for other things which could decreease the total amount of savings but dependent with the discipline an individual is having as long as the mindset he/she possess. What's more advisable? Determine which will be suitable for your lifestyle and priorities.

Investment bring profit in the larger scale in comparison to savings. To the increased profiting, there is high risk. Not everyone have the mind to take big risks. Through investment it is possible to increase the number of income sources whereas with savings the income is limited as well as the percentage of profit generated through savings will be very minimal. Savings is mostly preferred by people who doesn't have much knowledge about the possibilities available to make their savings better for future.

Well, conclusions are sometimes misleading. Not because someone avoids investment it will automatically lose the possibility that he has knowledge with investments. It is just a matter of preferences to an individual. There are interesting ideas in the field of investment but not alll would be interesting enough to pursue or actualize. I know some peopl who knows how to handle a situation than peope who just chooses their own way.

[LogitechMouse]

Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
~

There are many reasons why people are still considering saving their money.

1. There are people who are saving money for emergency funds. I will use myself as an example because TBH, I don't put any money on banks that's not intended for emergency purposes. Yes I'm still saving, but not for the sake of profit, or interest, but I'm saving just in case something bad that happens, and I need money. This is the one that many savers must consider. If they're putting their money in banks because they believe that it will grow there then they're wrong.

2. There are people who are saving their money because they aren't that knowledgeable enough when it comes to investing. I mean when there are people who don't know how to invest, but they want to keep their money safe, banks are their number 1 option. Yes, there's nothing wrong with that. It's just that they don't know the concept of inflation, and the buying power of their money is going down because of it.

So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

Telling people to invest instead of saving isn't as easy as you think. There are some people who don't have free time learning anything about investing. There are people who sees investing as a hard thing to do thus, they will not be interested in trying. There are some people who'd rather save it instead of investing because they're afraid that their money might loss if they do it. There are many reasons why people prefer saving more than investing. In the end, it will all comes to how literate that person is when it comes to money.

In my case, I believe that I'm literate enough to know that saving just for the sake of profits is a no-no. I'm always prioritizing investing, but I'm not forgetting to save my money as well.

[pinggoki]

because with investment we can maintain the value of our property our money from the scourge of inflation. if we only save the value of our money will clearly decrease due to the scourge of inflation. which is of course the value of inflation is higher than bank interest. so if we only saving, of course we will lose.

Another thing that you can do to help you against inflation is to find a steady job because that way you'll be able to make sure that you're not relying too much on your investments, with steady paycheck you'd be able to prevent yourself from getting too many cookies in the cookie jar if you catch my drift, you can rest easy that you're getting more profit because you're not losing a lot for essential purposes.

[GreenStox]

considering investing is good, but it must be proportional to your savings, I think here is the money used to survive or your monthly expenses, so you set aside for that, then you reinvest it.
because over investment is also not good, you have to divide it for your needs and your emergencies.

[dezoel]

Saving and investing are actually both complimenting each other. If we don’t have enough savings, we will not be able to invest at an amount we can afford to lose, while investing is the only way to see our savings multiplying faster than letting it sleep in the bank with its very low interest.

I don't agree with that, though I understand that a person needs to first accumulate money, and create capital that they can use for investment purposes, but you can't call that savings, because savings are not supposed to be used for investment purposes, and you should have a different accumulation that you will use only for investments and nothing else unless very urgent and necessary.

However, we can still invest through taking a loan but that will only add to bigger risk of losing. But the important thing here is we have goals to invest, that way we can always gain chances to create long term financial returns once we invest our savings in the right coins or right investment like bitcoin.

Taking loans for investments is only good if you know you have a foolproof investment idea that is guaranteed to earn you profit so that you don't just take the loan, invest the money, get nothing in return, and then have no money to repay the loan which will cost you 2x as you have already lost your investment and then you will have to repay the loan from your pocket.

[super bako]

summarizes all my savings and investments. Crypto investment is the main thing for me, for example, if I have made a profit, I save to allocate it to buy land for a certain target. For me, land investment is good for the future and can produce farming. And it all has risks, but if you understand the material it will be easier

[lepbagong]

considering investing is good, but it must be proportional to your savings, I think here is the money used to survive or your monthly expenses, so you set aside for that, then you reinvest it.
because over investment is also not good, you have to divide it for your needs and your emergencies.

I think that's right. As long as there are extra funds that are apart from daily use and can be guaranteed that they won't be disturbed, of course it's very good to invest in gold, crypto some is saved for sudden needs. However, it is not recommended for deposits because the interest rate is very small and cannot be used immediately if necessary.Some investment profits can expand investment into other things, such as trading in basic necessities that are needed at any time, because this is certainly very promising.​

[Alpha Marine]

That's why Bitcoin is king. With Bitcoin, your savings can also be an investment. So the best thing to do in my opinion is to save in Bitcoin, that way you have savings that are also an investment.
But that savings should be a long-term saving because we know how volatile Bitcoin can be.

What I do is, when I'm saving for something, which is usually in the short run, I save in fiat. It's usually 2-3 months so inflation doesn't eat too deep despite how inflationary my local currency is. But when I'm saving for something that's a long term I do it in Bitcoin. That way I have a higher chance of making a profit on my savings and I don't have to worry about inflation.

[YOSHIE]

Why we should prioritize investment over saving.

Both understandings are here.

Saving is basically just securing money, while investing is allocating money to achieve a target within a certain period of time.

In the quote above, it clearly states the priority of both, the understanding is that crypto/Bitcoin is a value that moves from time to time, where you have a long or short term increase in the value of the asset you invest in, Saving certainly doesn't add any asset value to you, whatever you save is what you have to take.

Investment increases the value of assets not only in crypto/Bitcoin, land, gold and so on can also happen, saving is of course what you save, that's what you reap, it doesn't add, that's the reason investment is prioritized.

[Litzki1990]

Savings keep money unchanged but every investor has a hope when investing. It is not possible to make savings at home because they can be easily spent if needed, and if money is saved in the bank, there is a risk of money because nowadays the cases of bank bankruptcy are common. Hardly saving money all our life, if at some stage in life we have to hear that the bank has gone bankrupt due to which we have lost our money, then perhaps there is no worse news than that. The bigger issue than bank failure is that there is no change in money, but if you keep money in the bank, you pay a certain amount of interest to the bank. But if I invest that money in Bitcoin without saving, then I don't need to pay any extra charges and there is a possibility of good amount of profit in future. Basically I prefer investing money over money transfer because of these reasons.

[Dewi Aries]

In my opinion this is nothing more than a choice, or that means everyone has their own choice, but for me it is better to invest than to save, because investment is a place that can develop the amount of value of our money even though we are sleeping, while saving, saving is also good but on the other hand saving cannot make your money grow or that means your money will not be able to increase. but if investment in other words is exactly the same as saving but the difference is that investment can increase the amount of your money when the asset you invest in increases, but before you invest it is better for you to learn first about this investment, before you try it, But if investment in other words it is exactly the same as saving but the difference is that investment can increase the amount of your money when the asset you invest in increases, but before you invest you better learn first about this investment, before you try it, because after all investment is also an activity that has certain possible risks not only do you save money and then you get pasive income, meaning you can experience a reduction in the amount of money you allocate.

Therefore it is always recommended to learn in advance about things that smell of investment, there are many accesses to learning and you can get a lot of references to learn about investing, one of which you can search on some social media such as YouTube or other platforms that provide online classes about this investment, and I hope you can consider this as well as possible, as I explained above that in this investment there are also certain risks that can cause you to lose or make you not want to invest anymore, so consider better and learn well so that you have a good understanding of investing. On the other hand, most investors fail because they make investments not based on the right understanding and knowledge that makes them misguided and lost in the cycle of losses that dominate.

[moneystery]

i think more that we should prioritize saving over investing. the reason is because when we invest it means we are investing in an asset that has risks. if it's a stable asset, like gold, it's probably a good investment, but if it's riskier it doesn't seem like a wise decision. because no matter what, someone is obliged to have savings, to prevent sudden events or to save for their old age. then after saving they can think about which investments have potential in the future with less high risk, such as gold, shares or bonds, or which are more risky with higher profit potential such as bitcoin or popular altcoins.

[Xxmodded]

What difference between saving and investment? actually investment assets has function as saving when get emergency needed without get much problem for selling our bitcoin investment assets. I have put all my saving money in bitcoin investment assets and keep accumulate few amount of bitcoin every week, I think than put my money in saving fund without get increasing the values better hold it and use as capital for investing in bitcoin and some potential altcoin.
If I have a fairly urgent need, I can sell my bitcoin investment assets at a price that is slightly more expensive than the initial price I invested, much more profitable than hold much money in saving assets.

[tottong]

Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.

Saving keeps your money from moving to generate profits and conversely the value of the money we save continues to lose value.
Investment has two potentials, generating profits if executed correctly by choosing one of the best investments ever, losses if the investment is carried out not based on correct knowledge because along the way we choose several things that make the investment a loss.
However, both must be implemented because in my opinion savings are also needed to meet certain needs and investment is a way of preparing for a better financial stage in the future.

[qwertyup23]

Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.

Saving keeps your money from moving to generate profits and conversely the value of the money we save continues to lose value.
Investment has two potentials, generating profits if executed correctly by choosing one of the best investments ever, losses if the investment is carried out not based on correct knowledge because along the way we choose several things that make the investment a loss.
However, both must be implemented because in my opinion savings are also needed to meet certain needs and investment is a way of preparing for a better financial stage in the future.

When you save, your money does not move. You are missing the opportunity of maximizing the time as your instrument in order to increase your cash overtime. This is the reason on why there are investments in which banks would often borrow your money in furtherance of their other projects and you will receive a corresponding interest rate depending on the amount that you invested.

This principle can also be applicable in cryptocurrencies given their large store of value. If you purchase let's say 1 BTC and HODL it, you are not only saving (due to its store of value) but you are also maximizing the opportunity of earning more in the process due to BTC's high volatility.

In conclusion, people should definitely invest money. But again, investing is not as easy as it sounds since you must also take responsibility of your investments in order for them not to lose value during a critical time.

[franky1]

When you save, your money does not move. You are missing the opportunity of maximizing the time as your instrument in order to increase your cash overtime. This is the reason on why there are investments in which banks would often borrow your money in furtherance of their other projects and you will receive a corresponding interest rate depending on the amount that you invested.

savings is the short term activity to create a buffer to cover short term events so that events do not then harm investments
savings are not suppose to sit idle forever or be contributed to forever to then never invest.

you simply need to plan a budget amount you deem fit to buffer any short term incidences that would normally get you in debt. and save up a rainy day fund for that.. when you reach that amount. you stop contributing to "savings" and then put your excess income that was going to savings, to then go to investing..

then when incidents happen you are then not having to touch your investments or have incidents hit your investments. and instead you USE the savings to cover the incident to "save" you from investment loss potentials or "save" you from needing to use debt

when incidents happen you are suppose to hold and not move your investment. but instead move(contribute and diminish) your savings when incidents happen

..
alot of people on this forum from around the world are revealing that education systems do not teach economics properly
they instead flip things around and wrongly tell people to use dent for instances (thus paying double with debt interest) to not invest and instead "save" to waste the savings on hoarding as a "wealth" measure or spend frivolously on lifestyle consumption as a wealth measure
.. and this bad advice is why people dont prosper

savings is not a total wealth measure. savings is the short term event buffer to save you from using debt or having incidents hit your investments

savings is a small EASY ACCESS amount for incidents. dont put the short term savings into locked long term investments hoping to add to your wealth. keep the small budget for incidents in easy access to literally save you from incidents hitting/harming your investment/wealth plan

[CryptopreneurBrainboss]

i think more that we should prioritize saving over investing. the reason is because when we invest it means we are investing in an asset that has risks. if it's a stable asset, like gold, it's probably a good investment, but if it's riskier it doesn't seem like a wise decision.

Prioritizing savings over investment is a death sentence, investing should be what should be prioritized. When you're saving you're accumulating money that are static but money isn't meant to be static, it's meant to be active (moving) and that's why it's called a currency. Saving puts your money at rest which isn't what money is supposed to be doing. Every penny that you own needs to be working to produce any penny and that penny produces it own penny and so on. When you master this you'll never lack money because you have found a way money is working for you and not you working for money.

The rich makes money to work for them and they didn't do that by saving their money but the poor works for money then save and hope they can get their dreams things but never get to own them because they haven't understood money. Investing is risky but life itself is a risk and the biggest risk is not taking any risk at all. Develop the habit of making informed investment decision and you won't be scared of the risk involved as you're taking a calculated risk that gives you a higher possibility of coming out successful.

Saving was valuable in the past but not in today's economy, saving to spend is outdated but if you're saving to invest that's still a welcome development.

[Ziskinberg]

Both need to be prioritized because if you don’t save, you will find it hard to start investing, and if you don’t invest, your savings will never multiply. So its more of a perfect combination. Now, investing may takes more risk most especially if you are still not knowledgeable on your investment, but if you make extra efforts on educating yourself, you will realized that every investment comes with great rewards, and that those who lose may not actually have ended with the right investment.

[Linggajanitra]

Saving is a partial storage activity for revenue for future purposes. Saving also collects a certain amount of income/money in a certain amount. The purpose of saving also varies, including to help large purchases or even for short -term investment.
Whereas investment refers to the allocation of money or other sources of income whose hopes will benefit in the future. It also requires sacrifice at this time for benefits that can be anticipated in the future. Investments can also be in the form of purchases of stock assets, real estate or bonds, with the aim of growth in the value of income from the assets themselves.

Saving in general is done only for short -term purposes. For example emergency funds. Whereas in investments to achieve long -term goals.
Yes, but in saving and investing there are also risks that must be prepared. The risk of saving is low, because it involves financial products that can be safe, such as deposits there is savings. While the investment involves a higher risk than saving. Because seeing the value depends on the value of market performance. For example, bonds and stocks can experience changes in value.
The rate of return on saving also tends to be easy compared to investment. And the flower is determined also usually already certainly low. While investment is higher, because in the long run. Although there is a risk, this can provide benefits.
In saving there is also a risk of inflation, where a situation occurs in the price of goods and services. Factors causing inflation include high demand for an item or service that makes it increase. Other causes are also an increase in production costs and an imbalance between demand and supply. The first impact on people's interest in saving is the loss of the value of money. This means that the value of money possessed by a person is reduced, so that the money set aside for saving is not proportional to the expected value in the future, from that saving is suitable for the short term.
The impact of the two inflation is the interest of people to save as well as uncertainty. Means that the person who saves must take into account the possibility of an increase in the price of goods or services in the future, so that the amount of money that has been stored to save must be increased so that there is an anticipation of such an increase. The third impact is also a more profitable investment opportunity. This means that people who save must consider investment opportunities that are more profitable than saving, such as stocks & gold.
And maybe you can also conclude the interest of people to save. Loss of money value, uncertainty, investment opportunities is more very profitable, and all contribute to the decline in people's interest in saving.

Therefore, it is better for investment than saving. But yes everything also has a positive side and negative side.

[Pi-network314159]

Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.