Save money today so money would save you tomorrow.

[Dunamisx]

If you're to save money today, then make it an investment in bitcoin and not to leave your money in fiat currency, then you can proudly announce that you're holding and saving, this will be the only sure rescue for once lack tomorrow because money we save
needs to appreciates in value over time and not that it depreciate, many people cant deny themselves with the needs to make saving and keep for the future, which is one of the principal means why they are getting richer everyday.

[AYOBA]

I don't believe money can be preserved during this difficult time because money is now the way we obtain it and the way we spend it. I may even say that before it reaches a person's hand, it will be calculated. How do you encourage individuals to save their own money in this economic climate? The only way that I believe people may save money is to invest in or start a business that will generate more income. If not, how can someone save money in the era of Unger? How is this possible? I realize we're individuals, but for me, I would rather invest money if I truly want to save it in my account than come and take it.

[tyz]

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

I don't think you can say that one is more important than the other. The right way is certainly a mixture of more saving or investing and trying to increase your income at the same time. And another important point that came up a bit too short in the discussion is to reduce your expenses as much as possible.

[Hamphser]

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

I don't think you can say that one is more important than the other. The right way is certainly a mixture of more saving or investing and trying to increase your income at the same time. And another important point that came up a bit too short in the discussion is to reduce your expenses as much as possible.

In reality on which people wont really be minding on creating or taking up such steps specially that they arent on a tough condition or situation but on the time that they are on those conditions or sentiments then this is where people would really be starting on minding on making out such step and would really be thinking about having those kind of adjustments on which they would really be having those thoughts that they should be stepping up their game via looking for another source of income, on which they should have done it earlier and dont wait up for things to get messy before they would really be taking such action.

Savings is really that relevant not only on the sense that it is really just that being used on emergency purposes but also it could be possible that you would really be able to make
out those investment or business out of those funds if you are really that having that kind of savings of course.

[erep]

How do you encourage individuals to save their own money in this economic climate? The only way that I believe people may save money is to invest in or start a business that will generate more income. If not, how can someone save money in the era of Unger? How is this possible? I realize we're individuals, but for me, I would rather invest money if I truly want to save it in my account than come and take it.

The average economic condition in various countries has been hit by inflation and other influences, the income we have is not enough to save for savings, we even have to go into debt at the end of the month to meet basic needs, so the only way to have savings is to work extra to increase monthly income. Once we have extra income, we can determine savings options or choose potential investment assets for future profits.

[GideonGono]

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.

Same here, I don't really care much about money before I would spend it how I want after paying all of what is needed to be paid, and setting the amount that I need to survive till my next salary comes.
But seeing some of the people I am close to or know buying real estate and settling down, that is when I started to save and invest avoid unnecessary expenses like going out and ordering food when I could just cook for myself.
It is hard to start over when you have nothing at all, been there done that and don't want to experience it again so I am going to save as much as I could so that money that I am saving today would save me in the future when I really need it.

[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.

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.

Well, I’m saying so because I know there are people who have money in their bank account but don’t have any investments, or just a few investments. They are the ones I’m talking to because I don’t see how smart it is to save thousands of dollars in your bank account when you can invest it and let it generate you steady income (even if it is small). This is how people get wealthy, because asides investments, one is just rich (superficial wealth).

[Juse14]

Having savings and investments is everyone's dream, because this is what will save them in the future. However, currently the situation is really difficult, especially being able to save and start investing, even being able to meet your daily needs feels very difficult. Where at my relatively young age, I have to carry quite a heavy burden, because apart from me also having to be responsible for myself personally for a better future, but I also have to be responsible for my family, remembering that currently I am the most take responsibility and be the backbone of the family. So that forces me to continue working in a job that doesn't pay much, because after all I have to have a steady income every month to ensure the family's survival.

[hyudien]

Having savings and investments is everyone's dream, because this is what will save them in the future. However, currently the situation is really difficult, especially being able to save and start investing, even being able to meet your daily needs feels very difficult. Where at my relatively young age, I have to carry quite a heavy burden, because apart from me also having to be responsible for myself personally for a better future, but I also have to be responsible for my family, remembering that currently I am the most take responsibility and be the backbone of the family. So that forces me to continue working in a job that doesn't pay much, because after all I have to have a steady income every month to ensure the family's survival.

Yes, I agree with you, that is the dream of every person who thinks about their future. If a person is thinking about the future and needs to be prepared, then that person will definitely want things that can be profitable in the future, such as investing or saving. It's just that not everyone can do it, some people have unstable finances, sometimes people have jobs that earn money but can only meet their daily needs as you said.

My advice is to stay enthusiastic, don't complain because at a young age, some of us will definitely have to meet the needs of the family or bear more burdens, but what can we do, therefore we have to try as much as possible to do the best for ourselves and family,  especially if there is no one else to look to besides us. I appreciate what you are doing, and I am amazed by it. whatever you do for your family is the best.

[pusaka]

Having savings and investments is everyone's dream, because this is what will save them in the future. However, currently the situation is really difficult, especially being able to save and start investing, even being able to meet your daily needs feels very difficult. Where at my relatively young age, I have to carry quite a heavy burden, because apart from me also having to be responsible for myself personally for a better future, but I also have to be responsible for my family, remembering that currently I am the most take responsibility and be the backbone of the family. So that forces me to continue working in a job that doesn't pay much, because after all I have to have a steady income every month to ensure the family's survival.

Not everyone is lucky enough to be born into a wealthy family, for example, but that doesn't mean we can't improve on our efforts. Hard work is the key to everything, do whatever you can do while continuing to seek knowledge and experience, I believe one can turn a difficult situation into an easy situation as long as we strive to make it happen.
I think it doesn't matter how much we earn even if it is relatively small, rather than having no income at all. Because I see some people who want to have a high income so they skip low-paying jobs, in the end they don't have any income. Don't want to be someone like that, because they are actually building their own difficulties.

[viananda2525]

Having savings and investments is everyone's dream, because this is what will save them in the future. However, currently the situation is really difficult, especially being able to save and start investing, even being able to meet your daily needs feels very difficult. Where at my relatively young age, I have to carry quite a heavy burden, because apart from me also having to be responsible for myself personally for a better future, but I also have to be responsible for my family, remembering that currently I am the most take responsibility and be the backbone of the family. So that forces me to continue working in a job that doesn't pay much, because after all I have to have a steady income every month to ensure the family's survival.

I really understand your condition and you have to survive by earning income whatever the results. In conditions like that, you only need to focus on work that can generate money for your and your family's daily life. You don't need to worry about some of the arguments on forums regarding savings and investment, although this is good, it doesn't apply to everyone. I believe that with your hard work you will be a winner in the future. Don't give up, sweat it out while you are still young and make your family smile and make you one of the most successful people.

[Ricardo11]

We must saving more or less, because we never know when danger will strike. Danger can strike at any time and you will find yourself in a situation where you cannot even ask anyone for money. Then if you don't have the money yourself, you can get into a lot of trouble. Don't depend on others all the time, sometime you have to protect yourself at your own risk, you should avoid unnecessary expenses and save some things from yourself without relying on others. And yes keeping money depreciates so you can use it as a long term investment in Bitcoin if you want.

[Yatsan]

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.

Well, I’m saying so because I know there are people who have money in their bank account but don’t have any investments, or just a few investments. They are the ones I’m talking to because I don’t see how smart it is to save thousands of dollars in your bank account when you can invest it and let it generate you steady income (even if it is small). This is how people get wealthy, because asides investments, one is just rich (superficial wealth).

Question is, what investment will give you assured and constant profit? Every investment has its own risk and it just happened that some people are not into such concept of investment which is why they choose saving for their future 'coz in such way they would be assured of their future including circumstances. Imagine not having that much of money and choosing investing it; things will become unfortunate if you will be losing that small amount. This is the stand of those who avoid the concept of investment. They're most of the times the old ones which is simply because that's what they saw as they grow up, validating their feelings and all. Of course saving has its downside; the amount you will be able to use in the future depends on how much you would be alloting for your savings. If you are not having that much and it would be hard to stop in an instant.

[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.

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.

Well, I’m saying so because I know there are people who have money in their bank account but don’t have any investments, or just a few investments. They are the ones I’m talking to because I don’t see how smart it is to save thousands of dollars in your bank account when you can invest it and let it generate you steady income (even if it is small). This is how people get wealthy, because asides investments, one is just rich (superficial wealth).

Question is, what investment will give you assured and constant profit? Every investment has its own risk and it just happened that some people are not into such concept of investment which is why they choose saving for their future 'coz in such way they would be assured of their future including circumstances. Imagine not having that much of money and choosing investing it; things will become unfortunate if you will be losing that small amount. This is the stand of those who avoid the concept of investment. They're most of the times the old ones which is simply because that's what they saw as they grow up, validating their feelings and all. Of course saving has its downside; the amount you will be able to use in the future depends on how much you would be alloting for your savings. If you are not having that much and it would be hard to stop in an instant.

Every investment has risks but even keeping your money in the bank is a risk itself. It’s a risk because if inflation. Imagine if what you could buy with $30 now needs $60, that means that the value of your saved money has slashed by half.

You don’t have to invest little amount of money just because you want to invest, you will have to weigh what you want to invest in, can you money achieve it? There are different things one could invest in; crypto, stocks, or even your own business.

[Kelvinid]

Well, I would say that saving money alone never saves us tomorrow instead of doing this better use that money to invest so the profit we get will be able to sustain our needs and our money is intact. In fact, this is what smart people do because our savings will just drain if we never find a way to grow it.

That is why many people after retiring, they get empty and broke because while they still have income they never mind about saving and investment as they give priority to enjoying life first rather than making sacrifices and suffer later. That is why we should be wise enough to our money and think on how to grow it rather than thinking on how to spend it in useless stuff.

[$anounimus$]

We must saving more or less, because we never know when danger will strike. Danger can strike at any time and you will find yourself in a situation where you cannot even ask anyone for money. Then if you don't have the money yourself, you can get into a lot of trouble. Don't depend on others all the time, sometime you have to protect yourself at your own risk, you should avoid unnecessary expenses and save some things from yourself without relying on others. And yes keeping money depreciates so you can use it as a long term investment in Bitcoin if you want.

It's true that we have to be aware of ourselves not to be careless in managing our finances. When you don't have problems, maybe everything will look comfortable, but if problems arise and you don't have money, it will make the problems even more complicated. I always remind myself and the people around me to be more diligent in working to earn money not only to meet their living needs but also to be able to develop their business by investing in various platforms.

[Barikui1]

To me savings is actually good to be frank, but I dont really fancies it, what I usually do is, I try to cut my coat according to my size, by drawing down a budget, and in that budget I will create room for emergency fund that I believe that can sustained me in case of any unforseen circumstances.

Why I don't like to save nowadays is because of inflation, because I believe that is the real enemy to any money saved up, so I prefer holding that money in anything that appreciate in value overtime, like Bitcoin gold or land, than to hold fiat in the name of savings.

[Bravut]

    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.

 OP you are making  a clear point, saving helps and also takes care of emergencies, and other situations that might arise.
   But, I strongly believe the tomorrow you are talking about, savings won't help that time. Simply because saving fait currency for long is waste of time(just lying in bank,depreciating everyday).
  A quick example is the current economic situation in countries today,just imagine those that have there save,how do they feel now, the money can't yield there needs,only inflation eats up part of the money.
 In a clear time I think what would have  been the best advice for youth should be them understanding money management and investing for tomorrow not saving for tomorrow.
So as to secure the tomorrow as a financially Independent person with freedom.

[Finestream]

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

I don't think you can say that one is more important than the other. The right way is certainly a mixture of more saving or investing and trying to increase your income at the same time. And another important point that came up a bit too short in the discussion is to reduce your expenses as much as possible.

You can’t save and invest at the same time if you cannot manage your expenses well. Know what’s necessary to buy and ignore that are not. With that, it’s highly possible that you can save a lot. However, saving should not be the last option but certainly investing in bitcoin or any other potential investment that is capable to give you high returns. When you invest, you will have something to gain and earn, but if you focus more on saving and let your money sleep in your bank account, you are only helping the banks to get richer while they offer your money to other people.

[OrangeII]

If the choice is to spend money on nothing and save, then saving is much better than that. However, saving money has very positive things in the future. This can encourage someone to invest, or own real estate in the future. Saving little by little is the best thing if we don't have much income. However, if we have quite a lot of income, it would be better if we save and invest simultaneously. After all, investing is better than saving. Because with investment, our income has the potential to increase. This can encourage someone to have more savings