Why we should prioritize investment over saving

[acener]

Investment is better than saving since we would earn profit on it, but savings also comes handy since you could use it on emergency.
If you could have both of them why not do it put most of your extra money to your investment and small amount on your savings incase of an emergency.
If you have both of them, then you wouldn't need to take some from your investment when you need some money when someone close to you is sick, needs something to be fixed at your house or something else.

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[hugeblack]

Economic inflation is a problem, but its treatment varies according to the definition of the problem. Is inflation caused by financial mismanagement, or by an increase in shipping costs, or by an increase in the costs of services such as gas and electricity, or by geopolitical crises? Depending on the cause, the solutions may be appropriate.
Financial inflation or due to state mismanagement can be solved by investing in foreign currencies, gold and Bitcoin, but in the long term, while real estate may be at the beginning of a financial bubble, it will lead to losses, so without defining the problem, solutions cannot be thought of.

[Inwestour]

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.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

If you are not sure that you are ready to invest, or have not yet decided on the asset you would like to buy, then saving is also not a bad decision. But you are right to note that you should think about inflation. It is not so easy to buy gold or real estate because these investments require you to have a significant capital, with Bitcoin everything is easier, but in this case you need to think about not buying it too expensive, since this asset is too volatile.

[Apocollapse]

If you can't manage $1K, you will not able to $10K.
If you can't manage $10K, you will not able to $100K.
If you can't manage $100K, you will not able to manage $1M.

Not every people can understand how to manages money because every person come from different background, raised with different culture and different financial situations. Good for you for realizing investment is really important, sooner or later you will become rich.

Even we're know investment is really important, if people don't want to start to invest, don't blame them.

[batang_bitcoin]

The rich people do invest their money and if they are saving, it's too far and quite little compared to their investments. They understand how inflation works and how investing will save them at times of these rising inflation rates. While they're doing a not so secret strategy, we as plebs should also do the same as them. Some techniques might not work for us but we just have to go with the same path as they did and that's investing to anything they know of and for us, it's with Bitcoin, real estate, gold, etc.

[sokani]

Saving money is not good at all as this will make your money ideal which won't do anything for you except lose its value and PPP. We should put our money and wealth to work so that they can generate more money for us and grow in size themself. Gold and real estate are the safest options anyone can imagine to fight inflation and the newly added bitcoin become widely accessible to the western market through bitcoin ETF which is becoming another option for the community.

How is saving money not good? You still need to save for the raining days from your business or from your paycheck. For instance, If you or a loved one falls sick, you'd use your savings to settle the hospital bills.

So both saving and investment are good but the question is which one do you prioritize, i.e which one would place ahead of the other.

Based on global inflation rate and constant decline in the value of my local fiat against US dollars, I've been investing more than I save in fiat.

[Sim_card]

Saving and investing are two different things. Investing means that you are putting your funds to work and generate profit at the long run, but saving in your house is just keeping your money idle, without any increase but decrease due to inflation. Saving in the bank is just like you gave them your money to use in business and make good profit out of it but at the end of it, you will be given peanut from the profit that they made, and at the same time your funds will depreciate in value and that is non of their business. It is only through investment that we can secure our future, especially when you invested in gold, bitcoin, and land properties.

[crwth]

I agree that investment would be a key thing to the survival of the value of your money. It's all about the amount as well in which you are going to save to know the effect of it in the long run. It would be a hard thing to decide where to invest it (but we all know it can be Bitcoin), but it's still best to decide what you won't regret.

[southerngentuk]

Financial planning often involves a delicate dance between saving and investing. While both are crucial for achieving long-term financial security, the optimal approach can vary depending on individual circumstances and risk tolerance.

Savings serve as the foundation for any sound financial plan. They act as a buffer against unforeseen expenses or emergencies, preventing the need for high-interest debt or disruptive sales of investments during market downturns. Aiming to accumulate enough savings to cover at least 3-6 months of essential expenses is generally considered a prudent first step.

Once a robust emergency fund is established, individuals can begin exploring investment opportunities. Investments, like stocks, bonds, or real estate, offer the potential for higher returns compared to traditional savings accounts, but also come with inherent risks. Diversification and a long-term perspective are key to navigating market fluctuations and achieving sustainable growth.

[Fakhrulenclix]

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.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

That is very true, but we also have to be astute in looking at the types of investments and opportunities so as not to experience losses. If we are talking about a safe place then there is no way for us to be able to keep the money we have safely because everything has possibilities and risks.
However, compared to saving money that is not used and then having its value undermined in the future because of inflation, it is indeed better to invest it, that is an undeniable thing, but again we have to learn about investments that will be profitable for us in the future.

[michellee]

If we already know Bitcoin, we will use the money to invest besides saving. That's because we have seen the profits from Bitcoin so far. And that's what makes us want to invest more of our money in Bitcoin.

But people out there still choose to save their money in the bank. They don't understand the benefits of Bitcoin, so many people still choose to save rather than invest their money in Bitcoin. It is better to invest our money in things that can provide profits in the future, and Bitcoin is a good example for us.

But if you can do both, save and invest the money, you can use both. You can use the money in savings for urgent matters. Meanwhile, you still have investments in Bitcoin, land, gold or others to prepare for your future. So you get two benefits at once from saving and investing.

[umbara ardian]

Savings act as the cornerstone of any sound financial plan. They provide a safety net for emergencies, unexpected expenses, and unforeseen life events. This peace of mind allows you to explore investment opportunities without undue pressure. Similar to building a house, a strong savings foundation is essential before embarking on investment endeavors.

So, before venturing into the realm of investment, whether in land, gold, Bitcoin, or other options, having a robust savings base is essential. This safety net provides the freedom to explore investment opportunities without undue pressure or the need to liquidate assets prematurely.

The ideal balance between saving and investing is not a universal formula. It's a personal equation influenced by your age, risk tolerance, income level, and specific financial goals. A young individual with a long investment horizon might prioritize growth through investments, while someone nearing retirement might favor the security of a larger savings buffer.

[BigBos]

Even though the view that we should prioritize Investment over saving is a good situationin the end in this case we must also realize that it all depends on ourselves first as the initial form of desire to do.
Investing especially when talking about bitcoin as a tool for investing is a good thing but in the end we also cannot force it because all the will is in our hand.
We need to realize that not everyone sees bitcoin as a good outlook and sometimes to start this requires further struggle so it is important for us to determine the initial goal for ourselves.

If indeed in the end we do not have a good feel about investing then surely all will have other consideration in saving bcause after all we must know that not everyone think  the same as we feel so in this case we certainly have to see some considerations and potential in ourselves first before deciding what is best for us.
Maybe for now saving cannot be used as a good foundation because we are in bitcoin and we realize being in bitcoin to invest is certainly better than saving but not everyone has this belief as their benchmark.

[jrrsparkles]

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.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

You can't invest if you don't have money and if you need money then you need to save it first which means savings is the first step towards an investment but if someone thinks that keep saving their money in their piggybank or in a real bank where they give invest still the inflation will beat the interest given and you actually lost money from keeping it and doing nothing.

Most people may aware that prices of the products always increase but they don't know the actual reason for it happening which is mostly due to inflation and another factor could be high demand or shortage of supply but in the latter case the price change will be rapid and in the former, it will be gradual.

[Xxmodded]

Little disagree with OP opinion about which one have prioritize between investment or saving fund, actually both them are important in our life but saving have more important than investment. We can't predictable when bad thing happen to us and have saving fund more help it for everything needed and investment must using free money not saving fund. Saving help us when have emergency position and we can't denied it on our life activities with how many time get emergency situation.

Have balance between saving and investment assets, I think need make good money management with how limitation for saving fund before using for investing in bitcoin or cryptocurrency. Spent first your money for saving fund before try to make an investment assets by investing in bitcoin or other kinds investment.

[puloweh555]

The money in the bank is of no use to you in terms of profit earning and asset building. Banks are getting profits on your money through lending. Although saving is also important, you should not put all your earnings in the bank. I am not saying that you should not save for your rainy days. Investment is important to build assets and fortune. Investment in Gold, Silver, BTC, Property, and mobile assets can help you fight the upcoming recessions and devaluation of the currency. Also, make sure your kids don't go through the same pain and suffering as you once went through. Be brave and take the risk for your future.

If you have the mindset to build wealth in the future, of course investing is a wise step to ensure financial security in the future. Like the investment you mentioned, saving in the bank has no benefit at all because the value will fall every time inflation occurs.

It is true that saving in a bank is safer than investing, especially investing in Bitcoin which is full of risk, but to continue developing assets in the future, sometimes we have to be brave enough to take risks. So only keep as much fiat in the bank as is needed for daily needs transactions and emergency funds. the rest is for investment. Especially when the world economy is uncertain, saving fiat will certainly not save our wealth from recession and devaluation that could occur at any time.

[harapan]

Right. Saving money is good but inflation can slowly erode its value. Investing in things like Bitcoin, land, or gold can be a way to beat inflation and make your money work for you but it really depends on your priorities. These assets have the potential to grow over time, helping your wealth keep up with or even outpace the rising cost of living but it's essential to be aware that investing carries risks and values can fluctuate. We all have different priiorities so learn to not compare yourself

Saving money is not good at all as this will make your money ideal which won't do anything for you except lose its value and PPP. We should put our money and wealth to work so that they can generate more money for us and grow in size themself. Gold and real estate are the safest options anyone can imagine to fight inflation and the newly added bitcoin become widely accessible to the western market through bitcoin ETF which is becoming another option for the community.

You can't just say that saving is bad,in most cases,you've also saved money to assists you or boost your finance.Saving is generally crucial just in case of unforseen circumstances,uncertainties and several emergencies
 The thing is in today's economy,you cannot save your way into a millionaire status.The first thing is to focus on increasing your income either by investing or generating another means of a steady flowing income.it's just that the gains of investment can be bigger than saving.
 Like for those that are nearing their retirements its better to make your money work for you by using your savings to invest in business that will profit you and boost your finance,meanwhile you can now save the outcome from your investment proper to reach your financial goals.

[Lantind]

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.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

You can't invest if you don't have money and if you need money then you need to save it first which means savings is the first step towards an investment but if someone thinks that keep saving their money in their piggybank or in a real bank where they give invest still the inflation will beat the interest given and you actually lost money from keeping it and doing nothing.

Most people may aware that prices of the products always increase but they don't know the actual reason for it happening which is mostly due to inflation and another factor could be high demand or shortage of supply but in the latter case the price change will be rapid and in the former, it will be gradual.

When we want to invest, of course we have to have funds that we will not spend before we can achieve our investment target, but if we don't have these funds, it would be better if we first collect some of these funds. the income that we have so that we can invest and not make it difficult for us. When we have decided to invest these funds, if we choose to save the money we have in the bank, of course this will be more profitable for the bank than us saving the funds because these funds will be used for the bank's operational needs.

Yes, everyone will of course be aware that the price of every item will always rise for various reasons and we cannot know for sure the cause and the money we save in the bank is currently enough to buy a motorbike so it is not certain that the money we save will remain sufficient. to buy a motorbike in the next few years.

[irsykes]

Both have an important role, for me investing is the main thing and saving comes second. For example, the results I invest make a profit with the rule of setting aside 30% of the profits for saving. 50% of the management goes into additional investment capital and 20% is used for living needs. Life needs management to be directional for me

[Fatunad]

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.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

I should say 80% for investment and 20% for savings. You would really be able to save up on the time that you do have that lots of income source or a couple of it.
The wrong thing about on most people is that they do really accumulate fiat as much as they do on their bank accounts without even trying out to mind about inflation or something that correlates to it.
There are ones who could really be able to make those realizations along the way but mostly would really be staying up on that way on which it would really be just that
totally depending on how you would really be making out those decisions.

When it comes to investment then it is really that something more worth, although its risky but once it would succeed out then it would really be bringing out that
kind of financial benefit on which we all really hoping for. It would really just that a matter of risks taking because not all would really be having that kind of approach towards things.