Save money today so money would save you tomorrow.

[bitterguy28]

once money enters your account or wallet, you'll be suprised of how you won't be sure of how it vanished, not to talk of having a tangible reason of what you did with the money.

totally agreed there were times wherein i found myself confused where this and that money went? even with quite a big amount of money is spent in just a few days and it will have you thinking whether you’re just a irresponsible spender or the prices of goods nowadays are just too expensive?

    To cut the story short, I’m advising mostly the young people of our generation to save, avoid unnecessary spendings and save even if it’s so little, cause you might find yourself in a situation tomorrow and you wouldn’t want to call home or ask for help, cause you have a second choice, that means you are literally getting yourself out of a problem. So please it’s not too late to stop spending on things that doesn’t really matter, so basically the money you saved today could literally save you tomorrow.

another good point thankfully i have not yet found myself in a predicament wherein i have literally nothing at all i suggest you have money saved and money in case of emergency that is always on you and you shall never spend this unless it is important and you need to call someone or get to somewhere

[Distinctin]

We all need to have savings for the future. We all need to have an emergency fund because we have no idea when our financial problems will occur. If we follow some rules in our life then maybe we will be able to save our money.

We need to set specific goals: we need to plan our spending levels from the amount of money we earn and even spend accordingly and motivate ourselves to increase savings. This is how we can gradually reach our ultimate goal faster.
Avoid unnecessary expenses: We are often forced to spend unnecessarily on our friends and family. We need to stop this unnecessary spending to keep our goals in life. So we all should be frugal and stop unnecessary expenses.

Saving is always necessary. You don’t know what your future holds so always be ready whatever circumstances that will try to attack you. With sufficient amount of savings, you can always find time to invest for long term without being pressured on how long this investment will go far before you are going to gain profits from it. Saving alone will not save you as inflation will certainly affect the future amount of you savings, but if you are more than knowledgeable and capable to invest most likely on higher risk like bitcoin, I’m sure you will have the highest benefits and profits from your bitcoin investment.

[Mame89]

We all need to have savings for the future. We all need to have an emergency fund because we have no idea when our financial problems will occur. If we follow some rules in our life then maybe we will be able to save our money.

We need to set specific goals: we need to plan our spending levels from the amount of money we earn and even spend accordingly and motivate ourselves to increase savings. This is how we can gradually reach our ultimate goal faster.
Avoid unnecessary expenses: We are often forced to spend unnecessarily on our friends and family. We need to stop this unnecessary spending to keep our goals in life. So we all should be frugal and stop unnecessary expenses.

Saving is always necessary. You don’t know what your future holds so always be ready whatever circumstances that will try to attack you. With sufficient amount of savings, you can always find time to invest for long term without being pressured on how long this investment will go far before you are going to gain profits from it. Saving alone will not save you as inflation will certainly affect the future amount of you savings, but if you are more than knowledgeable and capable to invest most likely on higher risk like bitcoin, I’m sure you will have the highest benefits and profits from your bitcoin investment.

Yes, exactly. When you are young and have a job, saving and investing are things that must be done to save us in the future because in the future we don't know what will happen. Always try to save, invest in property, and invest in Bitcoin. So that in old age we will only reap the results of what we are doing now, in essence we need to do these two things and we need to master them. Saving will not protect us from inflation, but saving is also needed as an emergency fund.

The key word is not how much money you need to make, but how much money you need to spend. So you can always save and invest. Especially if we are still young, of course we are still healthy and have a long future, make the best use of our time, don't regret it when we are old.

[justdimin]

There may be people with low income who have difficulty saving, but I believe that if they are determined enough, they can still save a little. Just like some people here they say they can't save but they have money to gamble online or they have money to invest in bitcoin. But when it comes to saving, they always give dozens of reasons because they simply want to find a way out of poverty by investing. But they don't know that saving for emergencies is much more important than making high-risk investments.

I do not think so, these days the people who have nearly no money are not people who can save, they are literally making debt to just survive, so the idea of saving to make some money doesn't really come easy for them, it is not that possible at all. We should consider the economy we are in as something that requires drastic change in your life to get enough money, like starting a business maybe or something else.

When I say starting a business many think that I mean like a shop, you rent, you hire employee maybe, you get inventory and many other costs. I do not mean that, just start a website, even something as common and as saturated as a news/blog website, write there 2-3 times a day, for 2-3 years, and eventually it will have enough traffic to sell and make you money.

[arwin100]

We all need to have savings for the future. We all need to have an emergency fund because we have no idea when our financial problems will occur. If we follow some rules in our life then maybe we will be able to save our money.

We need to set specific goals: we need to plan our spending levels from the amount of money we earn and even spend accordingly and motivate ourselves to increase savings. This is how we can gradually reach our ultimate goal faster.
Avoid unnecessary expenses: We are often forced to spend unnecessarily on our friends and family. We need to stop this unnecessary spending to keep our goals in life. So we all should be frugal and stop unnecessary expenses.

Saving is always necessary. You don’t know what your future holds so always be ready whatever circumstances that will try to attack you. With sufficient amount of savings, you can always find time to invest for long term without being pressured on how long this investment will go far before you are going to gain profits from it. Saving alone will not save you as inflation will certainly affect the future amount of you savings, but if you are more than knowledgeable and capable to invest most likely on higher risk like bitcoin, I’m sure you will have the highest benefits and profits from your bitcoin investment.

Saving is really necessary since its important for people to have back up funds so whatever emergency cases that they are going thru they have money to spend and will not get broke by taking loans anywhere. But we also need to consider some situation that saving is not enough especially if we are relying on single source of income since everyone will fall once our main source to get money will gone. That's why as early as we can we should take action to grow or multiply our savings so that there's bright future ahead of us. Lucky for us to know bitcoin since we have good choice to invest and there are lot of other more in crypto that can potentially give us decent profit if we are careful dealing with good investment choices.

[hyudien]

once money enters your account or wallet, you'll be suprised of how you won't be sure of how it vanished, not to talk of having a tangible reason of what you did with the money.

totally agreed there were times wherein i found myself confused where this and that money went? even with quite a big amount of money is spent in just a few days and it will have you thinking whether you’re just a irresponsible spender or the prices of goods nowadays are just too expensive?

I think that most people cannot manage their money when they have a large enough amount of money and it runs out somewhere in my opinion because they only think about what they want to buy instead of what is needed, because what they want themselves will definitely be bought when we have money but don't consider it well in advance, in contrast to buying what is needed, sometimes buying equipment or items that are needed is still being considered even though it is clearly what is needed, maybe this happens because a sense of desire overcomes a sense of need. Where many people have problems with their finances because they cannot manage their finances properly. Only some people can manage their finances well and think about their needs and put aside their desires in buying goods, I mean they only prioritize needs not desires.
This in my opinion mostly happens to young people who are already working, most of the horses who have worked they are because they have goals such as wanting to have a motorcycle, a gadget that is trending or others, and when they already have what they want they stop working, it is not wrong, this is good because they are trying to get what they want with their own efforts. But in my opinion, if we already have a job, we should be able to utilize it in the long term not only until our goals are achieved in owning an item, we must be able to see the future that must be prepared early on, but this is still widely ignored among young people, my advice is that when you are young, please work hard and save for the future, someday we will have our own responsibilities such as our own family.

[stomachgrowls]

We all need to have savings for the future. We all need to have an emergency fund because we have no idea when our financial problems will occur. If we follow some rules in our life then maybe we will be able to save our money.

We need to set specific goals: we need to plan our spending levels from the amount of money we earn and even spend accordingly and motivate ourselves to increase savings. This is how we can gradually reach our ultimate goal faster.
Avoid unnecessary expenses: We are often forced to spend unnecessarily on our friends and family. We need to stop this unnecessary spending to keep our goals in life. So we all should be frugal and stop unnecessary expenses.

Saving is always necessary. You don’t know what your future holds so always be ready whatever circumstances that will try to attack you. With sufficient amount of savings, you can always find time to invest for long term without being pressured on how long this investment will go far before you are going to gain profits from it. Saving alone will not save you as inflation will certainly affect the future amount of you savings, but if you are more than knowledgeable and capable to invest most likely on higher risk like bitcoin, I’m sure you will have the highest benefits and profits from your bitcoin investment.

Saving is really necessary since its important for people to have back up funds so whatever emergency cases that they are going thru they have money to spend and will not get broke by taking loans anywhere. But we also need to consider some situation that saving is not enough especially if we are relying on single source of income since everyone will fall once our main source to get money will gone. That's why as early as we can we should take action to grow or multiply our savings so that there's bright future ahead of us. Lucky for us to know bitcoin since we have good choice to invest and there are lot of other more in crypto that can potentially give us decent profit if we are careful dealing with good investment choices.

Emergencies and problems in life isnt something that you could be able to know and there's no such thing about assurance that it wont really be happening on you. You would really be only finding the relevance of savings
on the time that you are on such situation or hard moments into your life. You would really be finding only its relevance on the time that you are experiencing some issues or problems on which it is really something that you could really be able to avoid if you have just that mindful about into this aspect and not really just that making yourself having no care about saving up just because you've thought that this isnt something
that could happen into your life.

Savings would really be always relevant on which it isnt really just that for the sake of emergency but also you could really be able to make use of those funds if ever you have plans on having some
investment or having some business on which you could really be able to make yourself venture into those stuffs and since you do have that financial capacity
then you wont really be having no issues when it comes to money.

[kawetsriyanto]

Saving is always necessary. You don’t know what your future holds so always be ready whatever circumstances that will try to attack you. With sufficient amount of savings, you can always find time to invest for long term without being pressured on how long this investment will go far before you are going to gain profits from it. Saving alone will not save you as inflation will certainly affect the future amount of you savings, but if you are more than knowledgeable and capable to invest most likely on higher risk like bitcoin, I’m sure you will have the highest benefits and profits from your bitcoin investment.

Indeed. Saving is an important part in our life. I'm sure everyone wants to allocate their money for saving. But the amount of money for saving must be different among us. It depends on the monthly income and the priority for the money. When we have other priority for the money, the amount of money for saving should be decreasing a bit. For example when you need to pay an urgent need, you must prioritize it firstly. Also, the amount of monthly income must be determined the allocation for saving.

Yep. It is a good idea to have investment besides having the saving money. Saving won't increase the amount of money, but investment can multiply the amount of money. In my life, I also invest in real things (gold, lands, real estate) and digital matters such as Bitcoin and altcoins. I sometimes take the money from my savings a bit if it is necessary. I think it is no problem as long as we invest in something quite secure for he future. 

[sulendra12]

    To cut the story short, I’m advising mostly the young people of our generation to save, avoid unnecessary spendings and save even if it’s so little, cause you might find yourself in a situation tomorrow and you wouldn’t want to call home or ask for help, cause you have a second choice, that means you are literally getting yourself out of a problem. So please it’s not too late to stop spending on things that doesn’t really matter, so basically the money you saved today could literally save you tomorrow.

It's always a good idea to save your spare money. Who knows you might need that money for future or even emergency funds. Having a list of what to spend and have a good expense would really beneficial especially when you are young, the consumptive behavior is slowly killing Gen Z people and if you are not into that then you should invest into gold or crypto and save your money for your future although be aware of the risk.

[MFahad]

Lucky for us to know bitcoin since we have good choice to invest and there are lot of other more in crypto that can potentially give us decent profit if we are careful dealing with good investment choices.

I don't recommend investing your savings in Bitcoin or anything that tends to provide profit but also loss in situations where you might need your funds but the price of the asset is lower than when you have bought it. Let's say, you have $10,000 in savings, you invest your savings in Bitcoin when it's price is $30k. Unfortunately, after your investment, Bitcoin's price drops to $15k, it loses 50% value, and so does your investment. Now, we know that it usually recovers in the long run, but what if you need your savings when the price is still lower than $30k? If you sell, you will be at a huge loss.
This is why, it's always recommended that you keep your savings separate and have another funding account for your investments.

[Sarah_Jannat42]

There are two lines of popular poetry in our country which are- "Tiny grains of sand dot the water make the continent-ocean deep." That is, no matter how small the particles are and how small the water drops are, the accumulated part of them takes a large size.
The present world market situation and standard of living are increasing day by day. If the market system continues like this, we may face a crisis shortly. So to survive this uncertain recession economy we should start saving today and we should stay away from unnecessary and luxury spending. Remember today's savings will become a buffer against future economic downturns.

[oktana]

I’d say; avoid spending that isn’t on something you need, invest as much money in as much places as possible, and save money just about the amount you need. One of the mistakes people make is saving too much money when you are supposed to invest the most part of it and save some for just emergency. While that is something to consider, the generation today doesn’t even think that deep on either saving or investing. Most youthful people are wasting their money and time doing things that would never benefit them.

[puloweh555]

    To cut the story short, I’m advising mostly the young people of our generation to save, avoid unnecessary spendings and save even if it’s so little, cause you might find yourself in a situation tomorrow and you wouldn’t want to call home or ask for help, cause you have a second choice, that means you are literally getting yourself out of a problem. So please it’s not too late to stop spending on things that doesn’t really matter, so basically the money you saved today could literally save you tomorrow.

It's always a good idea to save your spare money. Who knows you might need that money for future or even emergency funds. Having a list of what to spend and have a good expense would really beneficial especially when you are young, the consumptive behavior is slowly killing Gen Z people and if you are not into that then you should invest into gold or crypto and save your money for your future although be aware of the risk.

The idea of saving is good for our finances in the future but don't just focus on saving and saving, focus on making more money. Logically, we might be able to save money until we don't engage in consumptive behavior, but if the money we earn is only that much, when there is a very important need, we end up using the money we saved from saving. In contrast to people who find it easier to earn a lot of money, apart from being able to meet their needs, they can also save and invest.

So in essence, it is very important that when we are young and healthy, we have to look for lots of opportunities to increase our income so that the income we earn can be allocated to saving and investing. Because investing will bring financial freedom in the future, while saving does not change anything, especially if we save in the bank our money will decrease in value due to inflation.

[angrybirdy]

I’d say; avoid spending that isn’t on something you need, invest as much money in as much places as possible, and save money just about the amount you need. One of the mistakes people make is saving too much money when you are supposed to invest the most part of it and save some for just emergency. While that is something to consider, the generation today doesn’t even think that deep on either saving or investing. Most youthful people are wasting their money and time doing things that would never benefit them.

That's my mantra for this year, I told myself that I would pay more attention to investing in different things than accumulating or piling my money in savings accounts. if I invest my money, it is still possible to make a profit if I handle it properly, unlike money in the bank that only receives very little interest annually,
just like you said, this is one of the wrong things people do but we can't blame them because not everyone has extra money to invest, because they don't even have savings.

[dezoel]

I agree that emergency fund is important, and everyone should aware of that, but only relying on saving is not a good thing too. Our money will be eroded by inflation, so we might have the same amount of money that we have today for tomorrow, but the value will not. So, other than saving for emergency fund, put some money in investment like crypto or stock is also a good idea. Tho we would still need to have emergency fund in case we need quick cash.

Money that you save for emergencies cannot be used for investments or anything because you need it readily available at all times, after all, they are supposed to be used for emergencies and emergencies don't knock before they arrive which means that you need funds available at all times in case there is an emergency.

If you invest that money somewhere like maybe in Bitcoin, and if Bitcoin's price goes down, your money lose value and then you face an emergency, what would you do? You can't sell your Bitcoins because if you do so, you will lose money, and in such a situation, you will be compelled to borrow money from somewhere for the emergency. That's why, one should have a different account for emergency funds and one account for investment and savings funds.

[Bobrox]

I don't know which one is trues about save money today would save you tomorrow or spent as much your money having because life is once time only, if prepare for saving money only without enjoying what have achieved I scared with how many people working hard in their life but can't take advantage from their money by priority saving only. Its right when saving money will help us tomorrow but we don't know still a life or not on tomorrow day and we have the only one opportunity for enjoying our life.
In my environment have some one with saving money priority in their life spend every day working hard, but can't enjoying with how much achieving he was pass away and leaves much saving money without enjoying yet. Need balance between how much money for saving and enjoying for our life if won't loss opportunity to enjoy what have to achieved.

[Youngkhngdiddy]

That's the main idea of saving money. Spend less today so you can spend more tomorrow. That's why people make investments. Spending usually means buying stuff which don't generate any cash flow or capital increase and most of the time, they generate negative cash flow.

-You may go to a fancy restaurant, at the end of the day you only spent a hundred bucks for a good meal. The good news is, you only pay when you eat. That was just an expensive purchase. No cash flow.

-If you buy a fancy car on the other hand, you will be paying for its maintenance and it will cost a lot. It won't be a one time fee too. That's called a liability. It generates a negative cash flow.

-If you buy a real estate and rent it out on the other hand, you will collect payment every month. That's called an asset. It generates a positive cash flow.

Which one of these is the smartest purchase financially?

a- An expensive meal
b- A luxury car
c- A real estate
d- None of them
e- All of them

    If I’m to get the question right you ask which of the above is the smartest to purchase, well since you said smartest, I will go for the option C which is the Real Estate. As we all know that going into real estate is a good way of doing business. I don’t think there’s no billionaires or millionaires who are not into the real estate business. Real estate is a fix assets that appreciate  in the long run. Having an expensive meal is not an investment the only investment you doing is to your body and to the owner of the restaurant. So in my own opinion I don’t see going out to any expensive restaurant as an investment so should be place in contest with real estate. Although they are some luxury cars that are worth investing on, even though you might no be lucky to get the exact amount you bought it, reselling it might give you a significant amount. Unless you’re fortunate to get one of the rare and limited editions of some cars you can place on auction.
    Nonetheless, one need to make smart choices when dealing with money, becomes money stays in the hands of people that can handle it, very hard to make and easy to waste. In all your options, real estate is the smartest purchase, though you will have to wait for a certain period of time to yield the returns of the investment.

[CageMabok]

It's always a good idea to save your spare money. Who knows you might need that money for future or even emergency funds. Having a list of what to spend and have a good expense would really beneficial especially when you are young, the consumptive behavior is slowly killing Gen Z people and if you are not into that then you should invest into gold or crypto and save your money for your future although be aware of the risk.

Generation Z should be able to realize this from now on so that their future can be brighter even though they have to continue to work hard at this time through some of the things you have mentioned. Because investing in crypto and gold and trying to save money for emergency savings and long-term business capital, will definitely make your future brighter.

Especially in difficult conditions like now, everyone and any generation should really realize that planning for the future must start from now before they all face even more difficult things in the future. Another small example at this time is that the difficulty of finding work for most people is still very visible so that everyone is expected to be able to create new opportunities and take advantage of every opportunity that exists in order to make money in their own lives.

[Negotiation]

There are two lines of popular poetry in our country which are- "Tiny grains of sand dot the water make the continent-ocean deep." That is, no matter how small the particles are and how small the water drops are, the accumulated part of them takes a large size.
The present world market situation and standard of living are increasing day by day. If the market system continues like this, we may face a crisis shortly. So to survive this uncertain recession economy we should start saving today and we should stay away from unnecessary and luxury spending. Remember today's savings will become a buffer against future economic downturns.

There is no end to uncertainty in our lives any unexpected event can happen at any moment. Planning ahead for these unexpected expenses is good for the future but the biggest obstacle to saving money now is current needs. All the time it seems let this problem be over I will save money from then on if you want to save put that thought aside and start with the problem. Do not accumulate a large amount at once but in small amounts.

[Bitco55]

I wasn't really a saving type, but lately looking at the current situation of things in my country, how costly things have gotten, once money enters your account or wallet, you'll be suprised of how you won't be sure of how it vanished, not to talk of having a tangible reason of what you did with the money. So recently looking at how people cry for money and personally looking at how I needed money I decided to start splitting the little allowance I get, saving one part and using the other, I won’t really say that it has made me a billionaire or that I no longer lack money but at least I have cash somewhere that I could call my own and fall back to in cause of emergency.
    To cut the story short, I’m advising mostly the young people of our generation to save, avoid unnecessary spendings and save even if it’s so little, cause you might find yourself in a situation tomorrow and you wouldn’t want to call home or ask for help, cause you have a second choice, that means you are literally getting yourself out of a problem. So please it’s not too late to stop spending on things that doesn’t really matter, so basically the money you saved today could literally save you tomorrow.

Honestly, I'm not gonna lie, it is very difficult to save money, especially in a bad economy. You aid it yourself OP, you don't even understand how your money finishes on expenses and bills you have to pay... Imagine adding saving to the list. It's going to be extremely difficult.

But, I don't think it was meant to be easy right? Get a side hustle, an extra job where money earned there would be totally ( or partially) saved. Reducing costs in order to save money only works for people who at least have a little bit of comfort in their earnings. You can't earn 10 dollars and save expecting even $9 to do you good for a while. That's of course, unless you still live under your parent's roof. You can even decide to save all.

So, more savings isn't always the solution, but more earning sure is the solution.