Do you believe in savings or investment

[Adbitco]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

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[Hatchy]

What do you think?

I believe if those people who still saved their money with banks or government owned bodies knew about these investment opportunities where you hodl and watch your money grow in the long run, they probably won't be on the idea of saving anymore. What I think is that they lack information about these investment ideas and for those who knows about them but still prefer to save their money may just be ignorant and unwise.
Most times, peoples wrong mentality and beliefs about these online Investments has created hindrance for many investment opportunities that has come their way which might have changed their lives for good. They feel and think that anything that has to do with online investment are scams so they prefer to just save their money in banks. Unfortunately, while they think their money are saved in banks, these banks loans our their money and make good profits off them annually and give them no interest in return. So it would be better to start making the right choices that may affect ones future positively.

[nimethasa]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

[Yatsan]

I believe in both and with preference. Both savings and investment has its own benefits and risk; what's important is to reach a certain goal on why you engage on either of these two. If you are after an amount of money you could use for emergency purposes in the future then savings would be an option but if you are seeking on making your the cashflow in your account, bigger in the future then engaging to investment would be a better option. More of a matter between secured money vs profit projection. However as I said, risk will be present; with savings, there's a tendency that you might use it to things outside its sole purpose such as a new gadget and with investment, risk is losing the money itself.

Now, bottomline is to choose what will work for you best. Some people are fine having savings alone and same thing goes with people who are earning more through their investments. Personally, I do both. I save some of my investment profit and times wherein my savings are being used on new investments.

[Text]

I think both saving and investing are important, but they serve different purposes. Having a savings account creates a safety net for emergencies or short-term goals, it's easily accessible and low risk. Investing offers the potential for your money to grow over time, outpacing inflation. However, there is a risk of losing money.

There are wealthy teachers out there! They might be investing a portion of their income alongside saving. It's not about the profession necessarily but about financial strategy.

[Churchillvv]

I think what those who save all the day of their life lacks is information, you could be educationally exposed but not money wise, most teachers and lecturers you see out there are products of old educational system and perhaps this old mentality has been transferred into them and they can't change it untill they find the right information.

In as much as it's more better to invest rather than save it's also good to have some savings, and this savings are most misconcepted by people who are less informed. if you have enough money you should invest them to make profit instead of storing them in the banks while it yields nothing you should put them where they can generate more income and at the same time you should save, this savings that one needs is the emergency funds, your emergency funds should be an investment and this emergency funds is what people have misconcepted with Investment that is why they save every penny as an emergency funds instead of Investment.

[Zaguru12]

What I will say is investment itself is another form of saving. Investment gives you more flexibility as you have an extra source of income aside the primary source you have. I wouldn’t blame the Set of people you listed above that resort into savings alone, because most at times it is not the best for them. An investment requires sometimes significant amount of money and backing it up with substantial knowledge of that investment before setting it up. This are sometimes why you see people failing to get an investment

[PytagoraZ]

What do you think?

Most people think about putting some money in savings for an emergency fund and don't have enough other funds to invest so they don't do it. They also think that investing requires a lot of money and they don't have it. Apart from that, their knowledge about investment is also limited, maybe they are more familiar with property and land investments which require a lot of money and don't know about investments that can be paid in installments such as bitcoin or shares.

But I think the current generation is different and many people are starting to become aware of investment. In my opinion, there is no need to force older people to invest when they don't have any knowledge about it, but the current generation will be different because most already know about investing.

[Russlenat]

The problem is not everyone has the ability to invest and not everyone has the courage to invest when we all know that the results are not fixed and mostly we end up losing than yielding profits. That’s why a lot of us prefer saving more than investing despite of the fact that there is only little interest add to our savings.

What people need is the right education and more exposure to investment and its profits, so that people will be more motivated to take extra miles and take some risks than just staying in their comfort zone and gain nothing in the end.

[bitzizzix]

I think the problem is because they feel comfortable with their work and the salary is enough for everything including savings, and the job you mentioned is a promising job. And apart from a large salary, it can also guarantee their old age because they will receive a retirement salary every month when the time comes.
And maybe this situation makes them not interested in investing and also lacks information because they don't want to search or find out, but I think there are some of them who are interested and do it too.
Apart from that, many civil servants also pawn their Decree Letters (SK) at the bank with a fast process for very important needs such as buying a house, vehicle and so on, including for business and other purposes. And there is also the possibility of investing.

[poodle63]

I would be a fool if I say that i don't believe in investments, isn't many pension fund is basically an investment managed by experts fund managers though?
I always have that kind of impression that its basically compounded saving used to invest for future purpose.
but as many have stated and I honestly agree not everyone are good enough at investing as much good as investments are it still requires knowledge about investing you can't just invest randomly and expect profit, even the top stocks aren't different either they are subject to fluctuation so definitely not all people will thrive by investing.
much like cryptocurrency investment its truly lucrative investment for some but for some other they are just losing because they only get fomo'd buying at peaks.
therefore saving in my opinion is okay-ish option after all some people prefer more focused on their jobs and earning more but honestly nowaday bank deposits is just few click away from bank app dashboard so there's that.

[NurseHub]

I would say it's a lack of patience and ignorance, because investing would take a long period of time before it gets really matured , this people believe they won't be able to wait till that time and in investing safety might not really be guaranteed.

While others believe they might die off and family might not be able to sustain there investment.

While in savings, they have a safety guarantee , so most likely save than invest.

But in all investing  has the higher return.

[angrybirdy]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

This is also the exact thing I can think of right now, Maybe if for emergency and monthly expenses purchasing, the savings will help because you can easily get it when needed, anytime you can withdraw or bank transfer especially since the mode of payment is more on online transaction in all establishments at the moment. But if you think about long-term savings, like a locked-in account, it's better to put it in investments so that while your money is hidden, it earns a lot, unlike banks that only give very low earned interest.

[Darker45]

In the first place, what can you invest if you don't save? The main problem with a lot of people is not that they're saving more than they're investing; it's that they're spending all of their money without saving. I think everything starts from saving. Your investment comes from it.

Also, investment and savings are sometimes interchangeable. One can save in Bitcoin instead of fiat, right? Savings doesn't specifically refer to fiat, I believe. Is it possible for somebody to save by way of pieces of land rather than bank accounts?

[sekalitas]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

In my opinion, saving is essential but for an emergency fund only. Aim for a minimum of 3-6 months of income saved. The rest of your money can go into investments, divided into short-term and long-term holdings based on your situation.  I allocate more than 50% of my investments to the long term, with the rest in short-term options.

Why is an emergency fund crucial? It protects you in unexpected situations like layoffs or accidents that require immediate cash. Without it, you might be forced to withdraw investments prematurely, potentially selling at a loss due to unfavorable market conditions.

So, while saving alone won't make you rich, it provides a crucial safety net.

[harapan]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Saving and investing are both good financial choices or decisions because they promote and enhance a smooth and progressive living/lifestyle for me.

In essence,apply the same efforts to your savings also to your investments,or vice versa.While I was growing up,I was never taught or told about investing.The knowledge was only on savings,savings,and savings.There are so many differences between savings and investing,some people will say savings is a loss,and in order to change that concept or perception,its ideal you backup your savings plan with a solid decision as investing.And it seems both of them can literally work well for you at the same time,So its just best to save cautiously for what's around the corner and invest wisely for the future.

[Asuspawer09]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Saving and Investment are both important things, I wouldn't going to recommend going all in on investment and not saving at least a small percentage, because saving is still liquid money that you could easily use at any moment, there are times that you are for sure going to need some money at times, and that save money is going to help you a lot, investments may be a great thing to have because it might generate you income overtime of owning it, it might be a passive income for sure but it's not really something that you could easily take out in case you needed the money.

I think it safe to say that save a small percentage and then invest the rest or a high percentage of your funds, this investment can easily be a passive income that could add up to your sources of income, not to mention that assets like land, property, real estates investment could increase its market value over time unlike if our money is just saved on the bank which could easily get hit by inflation. It could easily be one way to fight inflation, and for sure we already see Gold and Bitcoin investment could give us a huge profit compared to just saving in the bank which could just give us a very low interest.

[Samlucky O]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?

Not all Investment are Investment, we always talk about Investment but you should know that not everyone is good at investment. Investment need serious minded, dedicated, passionate and zealous people. Not just something you adventure without making a quick research. If anybody jumps in a hurry, will jump out in a hurry. That is why in investment need serious minded people otherwise it will crash

No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

The problem teachers face is stinginess. I don't know if anyone else noticed that teacher are always hand tighten to release money, talk more of investment. Though not all but most of them and perhaps the reason behind this attitude is that since they are teaching and can't handle multiple business they decided to stick to there business rather looking for multiple business someone else will handle for them, which they might not be able to handle the business as the real owner, causing the business to shutdown.

if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Investment is preferable to savings when you know the right investment strategy. Because if you invest in the wrong business and it didn't Work out well you will regret of not having your fund in savings.

[Sebas.tian]

Saving money without investment is a wast of time, because when you invest in a particular coin, you will have it in mind that when bullish season appear in the market you will going to achieve income from the investment. But if you decided to save the money at home or in the Bank, I don't think you have anything to gain from the money in the future because you refuse to invest the money to be bringing income to you and it will not increase your wealth. I think, many people have changed that mentality not to be saving their money in the bank than to be saving their monthly salary to crypto investment which is a good choice that will bring good results in the future.

[Strongkored]

What do you think?

Saving will not be able to help us to beat inflation because the benefits we get are very small and the value will continue to decrease due to inflation, so if you want to have a better economy in the future, investment is the right choice, but you still have to save because savings are an emergency fund, because if you only focus on investing without having savings, it is very likely that you will sell your investment at a loss or have not achieved the desired maximum profit because the investment is for the long term, more than five years, the benefits you will get are very good compared to if it is only one or two years.
So I believe in both, and doing both is much better for our financial future.

[Porfirii]

We are not a valid representative sample as we are members of a forum around a "innovative" investment. Most of us see saving as a waste of money and we believe in hodling.

But investing means taking risks: even if some of you believe that this is a sure practice because cycles repeat and Bitcoin is antifragile etc. chances are that you lose much money.

If you save, on the contrary, you can take for granted that you'll lose a part to inflation, but unless you live in a country were things are really bad, it can be a not so bad strategy for those who seek stability at low cost.

[Jawhead999]

Even there are many ignorant people, actually all people in the world know what is savings and investment.

They mostly choose investment over savings, but they're choose the lowest risk investment i.e. time deposit. They stake their money in banks and wait for few years in order to earn few % APY, that's what the investment by Average Joe.

The ignorant people I refer to someone who doesn't care if inflation rate is higher than the time deposit interest, hold Bitcoin in CEX, invest in something that suggested by self pro claimed economist etc. They're vulnerable against bankrupt or scammed, that's why their wealth wouldn't grow.

[martinex]

Yes. I agree that civil servants will try to turn their money into other sectors, in this case investing, and we also know that this is one way to increase individual wealth. However, if I look at parents, whether they are teachers or lecturers, they prefer to be comfortable and not ambitious in diverting their funds to other sectors. Apart from not being able to control their business, age and energy factors also influence their journey.

If when he was young he was already a businessman and worked in the government, let's say he was also a teacher or lecturer, it's not possible that the ceiling for applying for money at the bank will require the businessman to ask for help so that it can be higher than what the bank usually offers for developing his business.

[Uruhara]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

What's interesting about this forum is that everyone educates each other about how important investment is. And I'm sure most of the members of this forum all have investments. And this shows that the majority of people here understand how important investment is and that investing is much better than saving.

In fact, I am sure that all members who frequently visit the economics board will experience increased insight regarding the world of finance and the phenomena within it, including those related to inflation and deflation. And of course people who understand inflation will definitely prefer investing compared to saving. especially if it is savings in fiat form which is prone to being affected by inflation. Even the US dollar, which is said to be quite stable, can still be affected by inflation. So the choice is indeed better to invest than increase savings. It's just that small savings are needed to prepare an emergency fund. But not in a bank, but in a safe that we have or something similar that is easy for us to access if needed.

[jrrsparkles]

Why do we always say savings or investment when one is associated with another, without savings it's not possible to invest, right?

I knew teachers who are wealthy now because they saved/invested their part of salary into real estate and probably they did it cause they understand how things work so don't blame the professionals, it is all individual preference and what they prioritize when it comes to their future.

[btc78]

I think it depends a lot on the individual’s current economic state. They might be saving for a special occasion or maybe an unprecedented incident.

For example if they had put all their money into investments, it would be much more of a waste if they just take it out when time comes that they need it. You can’t say that they should just not sell it because you never know what kind of situation they are in. I think both savings and investment doesn’t necessarily need to be exclusive.

I think we should have savings and investment all at the same time.

[DabsPoorVersion]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

The thing is, not all people can take the risk of investment. Rather, they focus more on saving their money for the future they want to have using the money they are saving. There are some people who use their savings to invest, and some people who have money to save are directly putting their money for investment to make it grow than let it be stored as their savings.

It's all a matter of having a knowledge of when and where they will start their investment. Not everyone has enough knowledge and the courage to risk their money which is why most people outside the crypto space prefer to have savings than investing their money.

[gunhell16]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Since I'm here now in the crypto space, savings and investment seem to be the same thing to me, because while I'm trying to hold crypto assets here in the field of cryptocurrency,
it's like I'm doing savings that have a high chance of making a big profit from the savings that I hold and accumulate.

So they are equally important to me because they give a good benefit to my stay in this industry of crypto space.

[AVE5]

There's a creative ideology in demands for persons to consider investing than saving. Most people makes this terrible mistake to being applauded that they've huge amount of money saved other than being lucrative and proud to say I've an active investing. They fails to understand that nomatter how huge an accumulated money could be, without a potential increments in values and in figures, when the money is set to be in used in solving your needs, it'd surely get exhausted somedays but if you've an active running investment, nomatter how little or incomes it maybe providing, you can always be reliable that it'd only take some times for you to solve some huge financial issues but meanwhile, your state of financial incoming is stable and reliable. That's a I say it'd be take you a longer way and inexhaustible like the saved huge amount of money.
Some persons don't really know the relationship between a man and money.

[Lanatsa]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

wa
Easy to say but how you would really be able to determine on what or which investment or business you would really be tending to build up? Are you aware business failure or mistakes?
Success on investment is never been easy and not something that you could really be able to assure out. You would really be still needing to have those considerations or factors on which
you would be needing to have because there's no such thing about guarantee on this world. When it comes to savings then we do know on how relevant on having a savings
on which it isnt really just that for the purpose of emergency funds but also for investment purposes on which this could really be able to help out on having that start up.
If you cant be able to bare up with the risks then it would be better not to take any actions rather than on doing move without any knowledge.

[tabas]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?

While we are investors, there are those people mostly in the past that can't attain to invest and their only last hope during their retirement is their pension. We don't have the same tolerance with risks and that's why there are people for investments, and there those that are just chill and will rely to their life savings and pension when they're at their retirement age.

No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

Sad but true. However, they're also the ones that are honing us since we were young so I'd give credit to them for enriching each and everyone of us on top of our experiences. And on this matter, it's why it is a must that wages of educators must be increased. Otherwise, they have taken the career because it is their passion.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I think it's also about what's injected by the wealthy people and the owners of the banking institutions to the public. They all want us to save our money for them to use it for their investments having that guarantee our money is safe with them.

[Natsuu]

Ditching the save-it-all approach for investing could make people richer. Savings don't exactly grow on their own but investments can rake in profits regularly. But to be honest, I think it's a matter of priorities. Teaching profession doesnt have anything to do with it. I started with savings then investment so I can say that I believe in both. Balancing savings and investments is a smart move. It's like having a backup plan with savings and letting your money hustle in the investment game. It's a solid strategy that covers your bases and opens up opportunities for growth

[MissNonFall9]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

You have rightly said that we will gain more by investing. Because investment produces money and sometimes leads to loss and savings do not produce money and do not grow, but their value may decrease due to long-term unused savings.
From my point of view, we should invest most of our earnings and save the rest for the future. Which can help us in any disaster in our future days. Because we know that there is a possibility of loss through investment.

[junder]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

some people definitely understand saving, because I think when they were young their parents definitely taught them to save and educated them because saving is not a bad thing, even though saving doesn't make you rich, that doesn't mean this is a bad thing, of course this is also It's a good thing even if the money you save doesn't grow by itself. Many schools in my area have savings for their students, and they can take it out when they are promoted or in urgent situations, but usually rarely anyone takes it out when it's urgent. I don't think saving is bad either, because I'm sure parents must teach their young children about saving.

Meanwhile, for investment, let's say investment has a side or opportunity for loss or loss of the money invested, but this can still be minimized by us having to have knowledge and skills in investing, also in my opinion, to make an investment, of course we have to save first, because it doesn't matter. maybe with little money. There are also things that must be paid attention to before investing, namely having reserve funds, emergency funds, or indeed savings, because of course we live in a reality where disaster can happen at any time, and it is impossible to overcome the problems that occur. investments that have not paid off well. Of course, to overcome problems that occur, there must be reserve funds or emergency funds.

[Kelward]

Savings and investments are both important for income earners, they're both supposed to serve different purposes, because it's not good to save all your income, neither to invest all of it. A higher percentage is supposed to go for investment, which should be for long term, while a smaller percentage will be for savings for the short term, this is because when emergency and important expenditures arises, the person will take money from savings to solve it, instead of liquidating the investment.

If you put savings and investments on a scale, and consider which one of them that will add more value in the future, then investment will carry the day, because savings can not give you the ROI that investment will bring to you in the future. Remember that you need to research before investing your hard earned money, because there are scam investments, so always go for reputable investments like Bitcoin.

[arwin100]

Savings and investments are both important for income earners, they're both supposed to serve different purposes, because it's not good to save all your income, neither to invest all of it. A higher percentage is supposed to go for investment, which should be for long term, while a smaller percentage will be for savings for the short term, this is because when emergency and important expenditures arises, the person will take money from savings to solve it, instead of liquidating the investment.

If you put savings and investments on a scale, and consider which one of them that will add more value in the future, then investment will carry the day, because savings can not give you the ROI that investment will bring to you in the future. Remember that you need to research before investing your hard earned money, because there are scam investments, so always go for reputable investments like Bitcoin.

Both is important for the fact that on investment we can't easily take out our money and provably we might encounter serious problem if we don't have enough money to spend on some issues.

Saving might be negative for some investors since some think thag she is just wasting some profit for doing that. But people fail to realize that once they are at emergency situation then there are people following or check their current situation.

For now there's only few bits left in my wallet but I make sure to save some for emergency since this is also important thing to consider.

[Rockstarguy]

Saving is very important and I most investment it always starts with savings. Savings becomes bad when people just save money and have no plan or idea on what to do with. I believe in saving and investment,  when one finds it so difficult to save some money it is impossible to start up an investment,  while the investment is still going on, some savings also needs to be done to expand the investment .

Some people  just concentrate only on savings thinking that they are doing the best thing by accumulating the money in the bank,  but when you save and invest money more money is being generated.  One thing about most working class people they so much believe in saving their money, many don't really have the idea of investing their money.  The reason why most working class don't bother themselves to invest their money is because they feel they are alright with the salary they earning and they think this salary is something they will always recieve.

[Fausto Arta]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

A teacher or lecturer only has an environment with students or students, and rarely joins an environment involved in business or investment. Therefore, they usually don't want to take big risks to start a business or invest, because most of their time is spent just studying and teaching. So we rarely see a civil servant or private employee having a side job, and most of them choose to save money in the bank or buy gold.

[0t3p0t]

Actually we can do both things like saving and investing at the same time. Saving fiat money for emergency funds and expenses while investing in our favorite assets like Bitcoin, crypto, precious metals and real estate is the smartest way of diversifying our assets or funds. Both will give us positive results over time but I know fiat is mostly affected by inflation but not a problem since we are still having our passive income from our investments.

[Dickiy]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I don't want to discredit a teacher with a minimal salary and an uncertain retirement. Because the problem is not that they don't invest, but that the government's guarantees for teachers and honorariums are not paid attention to. Teachers deserve large allowances because their services to education are very important. At my place, honorary teachers really experience serious problems and it is worrying that their monthly salary is only around $15/month. Imagine with that little money they don't have anything to consider investing. Even living expenses alone will never be enough. So this is not to encourage them to invest, but rather to guarantee that their salary must first be stabilized and adjusted because after everyone can meet their needs, I am sure there will be additional options to expand their income, whether doing business, saving or investing.

[CryptoBuds]

What do you think?

Both have advantages and disadvantages. But if you think investing is better than saving because your bitcoin investment is giving you profits, but have you thought about the situation where your investment is at a loss? If you have no savings, you invest it all in bitcoin and lose, what will happen to you?

Many investors are starting to profit and they think they are smart and always make wise choices, they forget one thing that everything has pros and cons. In addition, if saving or keeping money in the bank is stupid, why do billionaires and businessmen, in addition to investing in many other assets, they always keep a huge amount of money in the bank?

[Barikui1]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

What I actually think about saving is that, to me, it's not ideal thing to do in this current economy because ten thousand dollars now and ten thousand dollars 5years later is not the same, because inflation reduced the value of any money that is being saved up.

While Investment is much more ideal to me, because even if I just want to hold my money without taking much risk, I would hold it in anything that appreciate in value overtime, so to me investment is more logical, because it makes more money for you unlike savings that is static and got eaten up by inflation.

[maknyos]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I don't want to discredit a teacher with a minimal salary and an uncertain retirement. Because the problem is not that they don't invest, but that the government's guarantees for teachers and honorariums are not paid attention to. Teachers deserve large allowances because their services to education are very important. At my place, honorary teachers really experience serious problems and it is worrying that their monthly salary is only around $15/month. Imagine with that little money they don't have anything to consider investing. Even living expenses alone will never be enough. So this is not to encourage them to invest, but rather to guarantee that their salary must first be stabilized and adjusted because after everyone can meet their needs, I am sure there will be additional options to expand their income, whether doing business, saving or investing.

Those with non-civil servant status have very small incomes, it is impossible for them to invest if they do not have income from other sources. If they have enough income, I think they will want to do it like other people too. Sometimes even daily needs cannot be met, especially if they have responsibilities for their family and children. The government should be able to think of a solution to this problem, how to guarantee the future of educators like these teachers, so that they have economic stability/stable income.

[leonair]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

Yes, due to inflection, the value of money decreases day by day, but when one invests his money, instead of reducing the value of his money, it is possible to earn more profit. investment is definitely better and profitable than savings. But it is good to have some savings to deal with emergency times but not all life savings should be done. So everyone should focus on investment even if there is risk in investment

[Patrol69]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Both savings and investment are needed and both are needed simultaneously. I am telling you how saving and investment are both necessary at the same time, assuming you invest and your plan is to hold your investment for a long time. If you invest all your money in holding an investment for a long period of time and later you have no choice but to sell your investment if you face a financial crisis or financial need. In case you don't have to sell the investment later, you have to save some amount of the total money and invest the rest of the money so that if you ever face financial problems, you can meet your needs from the money you have saved.  By doing this you will not need to sell the investment with profit or loss but you can hold the investment as per your plan. Beyond that there is a need for savings, so I will look at investing as seriously as saving.

[snowpega]

What do you think?

Actually, these teachers or lecturers are working under the system & system makes their mentality weak i hope you are getting the term here "system" These teachers and lecturers are not growing due to their mentality of working under someone who used to give them a specific amount. We are also prey to that system as we are getting an education by spending half of our life and once we have done with our studies that system offers us a job to work under them instead of that they should educate us how to run a successful business.

If we want to achieve success in our lives we have to work out of that system well this is the reason we have never seen a teacher as a rich personality. We should learn different skills and implement them in our physical life and this may help us to grow fastly in real time. Besides this if we talk about saving amount over investment. in my opinion, investing somewhere is a good thing but we should never invest all of our savings at once because in case, If we have lost our invested value we are still in safe hands. Playing safe is the best recommendation. Many Thanks!

[m2017]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

A pension has one significant drawback - it is the inability to withdraw accumulated pension money when you want it. But people who believe in the pension system have another drawback - this is the likelihood of not living to see their pension (or not living long after retirement). Investments don't have this drawback (with the proviso that you will withdraw the invested money without loss). Investments provide greater financial freedom than pensions, but the latter turns out to be more stable.

A pension is suitable for those who are not ready to manage their finances on their own, while investments are for those who are ready to be their own bank.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Of course, the differences between this world and the real world are very noticeable. Just ask the question, how many savings advocates drive a Lambo? And among investors? The answer to this question puts everything in its place. It sounds a little exaggerated, but the truth goes something like this.

[boty]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

Yes, due to inflection, the value of money decreases day by day, but when one invests his money, instead of reducing the value of his money, it is possible to earn more profit. investment is definitely better and profitable than savings. But it is good to have some savings to deal with emergency times but not all life savings should be done. So everyone should focus on investment even if there is risk in investment

By investing we will indeed be able to maintain the value of the assets we have and also the possibility of increasing the results we have invested and by saving the money we save will not decrease in amount but will decrease in value with inflation, of course we must have savings for emergency needs because if we don't have savings for emergency needs and only focus on investment, of course when we experience emergency needs then we have to take what we have invested whether in a state of profit or loss and if we are in a state of profit it is certainly not a problem but if the investment target has not been achieved then we will experience failure in investing because we don't have funds for emergency needs, so when investing, of course we have to prepare for emergency needs so that we can invest to achieve the profit target we want.

[jasonjm]

Having all your money in a bank account will not help you in the long term because of inflation and the devaluation of the currency. On the other hand, if you invest all your savings into stocks or property, you will have nothing left for the rainy days.
Although both Saving and investment have pros and cons, I believe both are important for a person's secure future. In the end, you must have a balance between the two. The reason for splitting your money between investment and savings is that if you have all your money in investments, and an emergency occurs, you will have to sell your stocks or property to generate funds and you might experience losses.
A person should have money in their bank for emergencies and investments should be made according to one's needs.

[GigaBit]

In this world some people prefer job and some prefer business. A person who prefers a job will argue that through the job he will get a certain amount of money at the end of the month with which he can run his family and not have to have any tension. On the other hand, a person who prefers business will say that earning money in the job is limited. There is no individual freedom. Moreover, due to the increase in the prices of daily commodities, there is also a financial crisis. But there is no certainty in business. Where a businessman is completely independent. The point of saying so much is that those who are interested in saving will be limited to a certain amount of money. Over the next few years, the value of money will further depreciate due to inflation, thereby losing the value of long-term savings. On the other hand if one invests especially in Bitcoin and holds it then there is no reason to lose the value of the money. Also in the long term there will be a possibility of getting more returns.

[AnonBitCoiner]

People are familiar with the investment but they are saving more than investment because they believe that saving amount is in your hand and you can take it out anytime when you need but in case of investment you will wait for the profit.

Investment possess the quality to increase your wealth but it also possess the risk to reduce your wealth while saving will remain same in value. Investment is also good but for it you have to find a solid platform that has more benefits and reward than risk.

[2Pizza410000BTC]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Of course I believe in investing but I have never thought of putting my money in savings. There are still many people who don't understand investment well, they save in banks and government employees, if they really knew that investing is faster and more profitable than bank savings, which is 99 times more than savings, they would never have saved. Definitely keep investing. Sometimes it is seen in many posts here that the children of government officials or bank depositors after learning about cryptocurrency investment, invest their parents' money and get a lot of success from it, which makes their parents understand and appreciate the investment a lot.

[Raflesia]

I think i believe in both because with savings and investment it can make our financial growth and management better but if we are told to choose for the main choice and option then surely investment is the most important choice that can be chosen because after all with the current conditions then of course we realize that investment is much better than savings but on the other hand we also cannot forget about savings because it can also be used as an option to support our lives for the better .

The goal must be distinguished in this case because with savings, it can make us more survivable in life because if there are unexpected needs, the money from the savings we have can be an option to be used to make it easier for us to continue living while for investment it is clearly for the long term that we want to achieve to make our quality of life more secure in the longer term.

[Fortify]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

There's not much to "believe in", savings currently are an adequate vehicle for storing a nice chunk of any money that you might have - if you can get rates of 5% for example, but 5 years ago you'd have been receiving 1% on your savings account. You have to be fluid and dynamic in changing to the current financial environment, instead of rigidly thinking of one or the other. Most people will already be investing through their pension plans, you just have the ability to do that with any spare funds too. In fact it's highly recommended that you have an easily accessible and somewhat large amount of liquid cash, which you might call an emergency fund, that would be sensible to keep in a savings account - before you think about investing.

[Oasisman]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Investment has always been the best option when you are trying to make that money work for you instead of letting it sleep in the bank's hand which gradually losses it's purchasing power more than the yearly interests.
However, most of the professional who works for the government doesn't seem to be well engaged in any of the investments (at least here in my country) simply because they always thought they are already secured with their retirement plan and pensions guaranteed as a government worker. Public teachers are a good example.
Another thing that's keeping these professionals away from investments is because they have huge amount of loans with very flexible payment terms with a high interest rates of course. Newly hired police officers in here are being offered by banks for $20k loan right after the oath taking ceremony. Some took the bait immediately and some took it on the latter. It's crazy!

[Obari]

What do you think?

Basically I think you’re speaking from the stand point of your country.
I’ve read some stories of teachers in other countries living one of the best lives simply because they’re been paid very well.
In my country, teachers I think are underpaid and considering the current state of the country with very high rate of inflation on a daily basis, it  will be difficult for a teacher with a peanut as salary to save not to even talk about investment.

Currently a lot of people are now moving from the regular jobs and seeking for jobs that gives them the leverage of personal time as I belief the first step to investment is having the adequate time which a regular 7 to 5pm job wouldn’t give to you.

A lot of people in the present world would want to invest if given all it takes but you ought to understand that investment has its own risk and not everyone is willing to take that risk as a lot of them would prefer to save the one they have rather than risk it and there are also several Africa sayings that backs savings than investment and you don’t have to blame anyone who prefers to save rather than invest.

[stomachgrowls]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

We do know and should have realized that not all would really be having the idea nor the knowledge that they could have here on crypto space on which there would really be those people who would really be that skeptical on dealing up with crypto on the time that they would really be able to experience it out along the way and having those kind of new words and new methods when it comes to those known or obvious reasons
then they would really be making out those kind of impressions whether they would really be able to do it or something that do speaks about they would be simply avoiding it.

When it comes to savings then its true that it doesnt really generate income or earning and this is why some people would really be tending to risks it out because they do know
that opportunities on making your life better is there specially if the said business would really be able to boom out on which it would really be causing up that
too much hype.

[Cryptomultiplier]

An individual should first of all consider how much income they receive before they can tell which is the best practice to abide by.
Someone who earns a meager income should be more focused on long term savings inorder to fulfil a goal which in a better sense is an investment that is expected to yield rewards. It doesn't apply strictly to only those who earn meager income, because even a person earning much more might decide to save money but it is the method they choose to do so that counts.

There really isn't much difference between savings and investment, it depends on the point of view of the person.
Whereas investment could be in many forms, to me, nothing beats keeping some funds aside for future purposes and contingencies.

[inthelongrun]

I grew up from a poor family with a lot of hardships. I noticed how small the take home pay of my father after a lot deductions from loans. So I developed a mindset to never take a loan as much as possible. Having a business was also in my mind but I was busy with my job so all I can do is to save. Saving money was everything to me back then. I dream of paying cash for my house and car.

Until I realized, I cannot save more than enough to achieve my dreams and financial freedom. I resigned from my job and worked abroad. Everything changed, almost all of the extra money from my regular salary went to different types of investments, usually stocks and crypto. It's mostly from my crypto investments that made my assets grow.

[Distinctin]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I don't want to discredit a teacher with a minimal salary and an uncertain retirement. Because the problem is not that they don't invest, but that the government's guarantees for teachers and honorariums are not paid attention to. Teachers deserve large allowances because their services to education are very important. At my place, honorary teachers really experience serious problems and it is worrying that their monthly salary is only around $15/month. Imagine with that little money they don't have anything to consider investing. Even living expenses alone will never be enough. So this is not to encourage them to invest, but rather to guarantee that their salary must first be stabilized and adjusted because after everyone can meet their needs, I am sure there will be additional options to expand their income, whether doing business, saving or investing.

Not just for teachers but also all those minimal income earners. I believe majority have the urge and passion to invest but because their funds are insufficient, it’s hard for them to take an extra mile and finally invest when all of their salary just go directly to sustain their basic needs. How can we expect to see them investing when even saving a portion of their salary seems like impossible for them.

Many people would say that everything depends on individual mindset and how they manage their finances. But when you’re actually the breadwinner, you certainly have all the plans to save and invest, but the topmost priority for survival should always comes first.

[ndutndut]

I think both saving and investing are important, but they serve different purposes. Having a savings account creates a safety net for emergencies or short-term goals, it's easily accessible and low risk. Investing offers the potential for your money to grow over time, outpacing inflation. However, there is a risk of losing money.

There are wealthy teachers out there! They might be investing a portion of their income alongside saving. It's not about the profession necessarily but about financial strategy.

Correct. But Don't generalize all civil service professions like that, this is just about how one can manage financial strategies properly. Whatever the occupation, saving and investing is the path to financial freedom in the future, saving for emergencies and investing for financial freedom in old age. Everyone must have a view like this, saving all your money in the bank should of course be avoided because inflation is a real problem that makes our money lose its value.

Talking about civil servants, many civil servants in my place have become rich because they can manage their finances well. they mostly invest in property and business. Not many people know about bitcoin investment, maybe this is normal because where I live there is still little education about bitcoin investment, so many people who have high incomes don't know that bitcoin investment will make them rich in the future.

[Natalim]

Saving is a good idea but it is much better to grow it through investing. Risk takers are preferred to have no savings but rather choose to invest.
Because even though we don't have any experience with investing or only have little knowledge about it we can still do it. There are firms that will help us manage our funds. There are some ways to grow our money and the only thing we do is to take risks and of course, put our money in a secured investment. Many people have lost their money in investing because they invest the wrong one or let us say, scam investments like Ponzi schemes.

[Queentoshi]

What do you think?

The outside people who earn very well and still indulge in saving are doing so because that is the practice that they are used to, it will not be easy changing and getting used to investing occasionally rather than saving.
And also we have the opportunity of investing in bitcoins, we can fully decide on investment here, but it is not same with an advanced person or someone who has not yet accepted the reputation of bitcoins.

[oktana]

If you have investments, you can become wealthy. But if you have savings you will just be rich instead. And being rich is temporary if there isn’t a stable/reliable source of income. I’ve said this before and I’d say it again; you can’t save your way to wealth, you can only invest your way up there. There’s no wealthy person who said in their success story that saving money is what made them wealthy. You have to put the money to work.

[serjent05]

What do you think?

Investment is way better than savings in terms of gaining profit since investment is a venture that can yield profit and grow a person's financial capability but savings are also important.  It is one of the way of person to accumulate fundings in order to invest in ventures that a person cannot afford with a single salary pay out.

I think we don't need to think about how important these two things are, they are both very important in achieving one's goal.  Aside from that, it s very important to have some funds in spare (savings) in times of emergencies.  Money invested on some ventures needs some time to mature to be pulled out, while money invested on cryptocurrency needs to wait for some time to yield profit.  So in times of emergency, if one does not have any savings, he will be forced to pull out his investment immaturely causing losses, or sell his crypto-investment at a price he is not happy with and most probably lower than his buying price due to the nature of cryptocurrency being highly volatile.

It is best to have both approaches (investment + savings) toward our finances.  Saving money aside from investing will help us secure our investment in times of unexpected events.

[Assface16678]

If you have investments, you can become wealthy. But if you have savings you will just be rich instead. And being rich is temporary if there isn’t a stable/reliable source of income. I’ve said this before and I’d say it again; you can’t save your way to wealth, you can only invest your way up there. There’s no wealthy person who said in their success story that saving money is what made them wealthy. You have to put the money to work.

Exactly! Its not bad to save up money because it is for your future or servers as securing your future, but it doesn't mean that all your money should be sitting around in your savings account and doing nothing. What if you have an emergency and you need to use your savings, so back to zero? Saving money again and again? So the most practical way of becoming wealthy in life is to combine investment and savings, divide your main income or your total income into the sections you need to, and allocate something for savings and investment because if you prosper in your investment, you can expect to save more money, right? So continue the cycle, and you will come to the point in your life where, no matter what happens, even if you get retired, you still have passive income because of your investment or business and also security because you have quite a bit of money saved up in your accounts. Isn't that the best option in life?

[Faisal2202]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?

Of course investments bring more money if don't go sideways, and are invested properly. And savings don't earn us any money they just lay there and lose their value due to inflation, in simple words, devaluation occurs on savings if kept in fiat currency. I have observed this from my personal experience, I kept my savings in BTC and made good profit on it, and converting my fiat to BTC makes my savings in fiat to an investment. Because money in BTC is an investment. So I am making a profit on it.

But investment also means we can lose our funds also, as in loss. Anything can happen, all we need is proper investment knowledge to make a profit. In investment, investors needs funds so first they might have to make some savings to invest in something, and even after making investment, savings are needed in desperate times for example when the market dumps, or a good buying opportunity comes. So savings and investments must be adopted, adoption of one can't benefit you more, but both can give you more benefit.

[ringgo96]

If you have investments, you can become wealthy. But if you have savings you will just be rich instead. And being rich is temporary if there isn’t a stable/reliable source of income. I’ve said this before and I’d say it again; you can’t save your way to wealth, you can only invest your way up there. There’s no wealthy person who said in their success story that saving money is what made them wealthy. You have to put the money to work.

Actually saving and investing both want to save our assets for the future, but for smart people in business they prefer investment when compared to saving, because when investing our assets continue to grow and can occur beyond our predictions, but for savings it will be calculated according to the funds we save and we can only enjoy in one stage if we do not have other assets that are running and can give input, then save first then the results of our savings make capital to invest and I think this is a very good idea.

[Ndabagi01]

Some people will disagree with your claim and believe that saving is a much better option if you don't have a worthwhile investment that will yield good returns after a specific time frame. As for those of us who are aware of real-time events around the world, as well as the benefits of being enlightened about the crypto world, we will prioritise investing over saving because we understand how the world's activities are changing, requiring you to be more productive and have a source of wealth that will help sustain you in the economy. There is just a little risk involved here, and if you can take it, you will become more successful than just keeping all the money in a savings account.

[oktana]

If you have investments, you can become wealthy. But if you have savings you will just be rich instead. And being rich is temporary if there isn’t a stable/reliable source of income. I’ve said this before and I’d say it again; you can’t save your way to wealth, you can only invest your way up there. There’s no wealthy person who said in their success story that saving money is what made them wealthy. You have to put the money to work.

Actually saving and investing both want to save our assets for the future, but for smart people in business they prefer investment when compared to saving, because when investing our assets continue to grow and can occur beyond our predictions, but for savings it will be calculated according to the funds we save and we can only enjoy in one stage if we do not have other assets that are running and can give input, then save first then the results of our savings make capital to invest and I think this is a very good idea.

I looked at the post in-terms of making money, which I believe is what the OP meant. But let me mention that investment doesn’t stop you from having savings. This is because when you invest your money, it is very possible that you run into something that you would need money for. And if you didn’t save a part of the money, you would have to take it out from your investment (which is extremely bad). But you equally should have investment or the savings would get exhausted and there won’t be a way to get money anymore.

[goldkingcoiner]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Savings is an investment into fiat. And now you have to decide whether it is better to be invested in fiat or something else. You might be thinking that fiat is less risky but I personally find staying with Bitcoin safer.

[Adbitco]

What do you think?

I believe if those people who still saved their money with banks or government owned bodies knew about these investment opportunities where you hodl and watch your money grow in the long run, they probably won't be on the idea of saving anymore. What I think is that they lack information about these investment ideas and for those who knows about them but still prefer to save their money may just be ignorant and unwise.
Most times, peoples wrong mentality and beliefs about these online Investments has created hindrance for many investment opportunities that has come their way which might have changed their lives for good. They feel and think that anything that has to do with online investment are scams so they prefer to just save their money in banks. Unfortunately, while they think their money are saved in banks, these banks loans our their money and make good profits off them annually and give them no interest in return. So it would be better to start making the right choices that may affect ones future positively.

I am not only channeling the investment of a thing to be in bitcoin investment or online but what I am trying to say is that if they could change their mentality to something very different then we may have less teacher that are still poor over there in our localities.. That is why after we graduate from school we don't get rich instantly unless we go for financial education we have to learn how to manage and invest money to give us what we want than dumping our money in bank while we make manager and owner's wealthy by using our money for business.

A teacher can decides to invest their money in real estate or invest their money into landed properties where the portion of land can appreciate over time lets say, when they invested in a land worth NGN 500k during their first stage or level rank in their civil service, before they could get to final level were they may get to retirement stage that land they invested with 500k can worth over NGN 100m because it takes about 20 to 35 years of service to be retired.

Meaning their initial age plus their service year, if they were being employed at age 25 to 30 years then their service year 30 years that means totals to spend is around 55 to 60 years at this point the investment made can yield a good profits than keep saving 500k for over 30 years without any good profits in that money.

This made even after their retirement they still remained poor and wanting their children to come take good care of them, if they can understand the power of investment then they should learn to invest than savings because I believe saving goes no where and as a matter of fact saving 500k for 30 years may not worth any tangible thing in time to come because of inflation.

[PX-Z]

Not all investments have profits, and not all savings helps. If people doesn't know how to diverse their money possibly they will end up nothing.

What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

It's easier than done, investments takes time to make profit depends on what industry you are in, and it needs knowledge, guidance and advises to be a good investors, at last to make profit. Teachers and public servants are eaten and tied by the system, and were stuck on their job doing only their job, even cannot give time to their families most of the time. I'm in family full of teachers from my mother and father's side, that's why i observed.

but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

Just like i said investments needs more knowledge to dwell in it. Not because you cannot "earn" or make "profit" on your savings, it doesn't mean that investments is always better than savings. Savings have its own ways and work most of the time to people, more like emergency funds, these are the average wager.
Those people who have extra earnings or in the middle class can make investments, started their little business, while they have jobs. While the elites are focus to grow their portfolio, their businesses, stocks and investments.

[poodle63]

Savings is an investment into fiat. And now you have to decide whether it is better to be invested in fiat or something else. You might be thinking that fiat is less risky but I personally find staying with Bitcoin safer.

ain't investment if this thing just keep decreasing in term of purchasing power the today fiat is not the previous year fiat and its plummeting in term of value every year, maybe its an investment if we are investing in a currency against our own currency and the price increases overall I never ever considered fiat an investment.
basically what I consider an investment is when it could somehow grow or retain the value of our wealth then i will only consider it an investment i mean people could have differing opinion and thats totally fine here.

but just to give a heads up that while fiat plummeting in purchasing power bitcoin just doubled or more its purchasing power relative to fiat so I guess thats why people consider cryptocurrency an investment these days and not fiat. still fiat has the use though its really good for storing wealth for certain moment since the value decrease aren't that fast, otherwise i'd be storing my wealth in gold.

[AmoreJaz]

Some people will disagree with your claim and believe that saving is a much better option if you don't have a worthwhile investment that will yield good returns after a specific time frame. As for those of us who are aware of real-time events around the world, as well as the benefits of being enlightened about the crypto world, we will prioritise investing over saving because we understand how the world's activities are changing, requiring you to be more productive and have a source of wealth that will help sustain you in the economy. There is just a little risk involved here, and if you can take it, you will become more successful than just keeping all the money in a savings account.

This will depend on your financial management capability. Some people are just happy to have savings as they don't need to do anything. Whereas, some will venture into investments and are willing to take some risks.
Bottomline, it depends on how prepare you are in exploring your choices. It is your funds, so better take care of your own business.

[boyptc]

What a coincidence, I've just watched some compilation videos of Robery Kiyosaki and one he said about saving is that, "we've been told to do".

We've been told to save, and then with that savings, we can invest that money in the stocks and let that money work for us and we'd be rich. Actually, that's what the society tells us to do and the banks run the world as he said.

I believe in both things because you can move freely and do whatever you want if you've got a nice savings and as well as investments that are growing in value like Bitcoin.

[Viscore]

What do you think?

Both have advantages and disadvantages. But if you think investing is better than saving because your bitcoin investment is giving you profits, but have you thought about the situation where your investment is at a loss? If you have no savings, you invest it all in bitcoin and lose, what will happen to you?

Many investors are starting to profit and they think they are smart and always make wise choices, they forget one thing that everything has pros and cons. In addition, if saving or keeping money in the bank is stupid, why do billionaires and businessmen, in addition to investing in many other assets, they always keep a huge amount of money in the bank?

I also believe that both can bring advantages. But if someone would focus only to mere saving, that would be a loss of opportunity because one with huge savings can actually learn to invest even a small portion of his funds. But for those who take both sides at a positive way, surely they will end up financially secured and independent while those who focus only at a single side might see theirselves if not profiting, probably at a losing end.

[Volimack]

Trust in savings and investment to meet future financial goals. As the rate of return on savings is very low, the amount of money earned also decreases over time. If the financial goal is long term and you can wait a long time to realize a profit from the investment your investment may be worth it. As it allows you to build wealth for your next generation over time it also provides a guaranteed income opportunity for you and your spouse in retirement.

[wxa7115]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

You cannot really invest if you do not have any money saved, so it is not as if you have to pick one or the other, and for what I can see this is the biggest problem of my generation, they save nothing, and if they were to lose their jobs they will find themselves on the street in just a few weeks, if they could not get a new job soon.

However, the few people out there that save fail to take the next step, which is to invest that money as they do not really know how to do it, so they are afraid that if they were to make a mistake they will lose it all, a reasonable fear as most of those that invest for the first time lose everything.

[mich]

Well I think having savings saved up is more important then a investment. There is times is our life when we need money to have basic things like food, clothing, and shelter.

It is only a good idea to invest if we can afford to lose those funds. There is no way to make sure we get good profits from a investment. But having a savings we know our funds are safe and we can use them when we have to.

[fullhdpixel]

A teacher or lecturer only has an environment with students or students, and rarely joins an environment involved in business or investment. Therefore, they usually don't want to take big risks to start a business or invest, because most of their time is spent just studying and teaching. So we rarely see a civil servant or private employee having a side job, and most of them choose to save money in the bank or buy gold.

They are also a human and their life don't only revolve around their jobs, and what if their subject is about business and investing? Life has a lot of risks. Studying and getting the course you want do also has a big risk because we are allocating lots of time and money here, and not all are successful with it. Life now is tough and there are actually lots of people who have more than one jobs only to survive.

We may not only feel them because we are not going outside to do a survey but if you are an open-minded person, your instincts will just feel it. Saving or investing is hard if your income is only limited. This is another reason on why some grind more than usual.

[justdimin]

Actually, these teachers or lecturers are working under the system & system makes their mentality weak i hope you are getting the term here "system" These teachers and lecturers are not growing due to their mentality of working under someone who used to give them a specific amount. We are also prey to that system as we are getting an education by spending half of our life and once we have done with our studies that system offers us a job to work under them instead of that they should educate us how to run a successful business.

If we want to achieve success in our lives we have to work out of that system well this is the reason we have never seen a teacher as a rich personality. We should learn different skills and implement them in our physical life and this may help us to grow fastly in real time. Besides this if we talk about saving amount over investment. in my opinion, investing somewhere is a good thing but we should never invest all of our savings at once because in case, If we have lost our invested value we are still in safe hands. Playing safe is the best recommendation. Many Thanks!

The trick is not to get out of the system, because education is important part of the proof. I would say, studying and being within the system and STILL do better without their situation is the key. I did that, I studied and finished college, did well enough at education and never used my diploma even once.

If you end up failing the system, then you are going to do something but people will always look at you as someone who couldn't hack it within the system and that is why you took a risk, there are tens of thousands of people who try outside of the system and fail, so a few good ones could be chulk up to luck. But if you do get the study, and finish, and still find your own path, they can't argue that it was luck, because you did what you wanted, but you also did what they did and still managed both.

[lovesmayfamilis]

I see saving as the next option for moving money. You have saved up some money; how long should you keep it without work? Doesn't your money stop losing value during this time? The next step is to find a place where you can invest your saved money. And after that, the bonuses received from profitable investments will again be made to work for you. Yes, investing in Bitcoin can be risky, and you should understand how long you are investing your money. But buying real estate that can be rented out very often remains an always-in-demand business.
And this is how I understand the meaning of savings, or investments, which sound the same to me. Your money should always work for you.

[dunfida]

Actually, these teachers or lecturers are working under the system & system makes their mentality weak i hope you are getting the term here "system" These teachers and lecturers are not growing due to their mentality of working under someone who used to give them a specific amount. We are also prey to that system as we are getting an education by spending half of our life and once we have done with our studies that system offers us a job to work under them instead of that they should educate us how to run a successful business.

If we want to achieve success in our lives we have to work out of that system well this is the reason we have never seen a teacher as a rich personality. We should learn different skills and implement them in our physical life and this may help us to grow fastly in real time. Besides this if we talk about saving amount over investment. in my opinion, investing somewhere is a good thing but we should never invest all of our savings at once because in case, If we have lost our invested value we are still in safe hands. Playing safe is the best recommendation. Many Thanks!

The trick is not to get out of the system, because education is important part of the proof. I would say, studying and being within the system and STILL do better without their situation is the key. I did that, I studied and finished college, did well enough at education and never used my diploma even once.

If you end up failing the system, then you are going to do something but people will always look at you as someone who couldn't hack it within the system and that is why you took a risk, there are tens of thousands of people who try outside of the system and fail, so a few good ones could be chulk up to luck. But if you do get the study, and finish, and still find your own path, they can't argue that it was luck, because you did what you wanted, but you also did what they did and still managed both.

It is really just that wrong that you would really be putting up into your mind that diploma or education wont really be that important on which this is really that still much needed on which we know
that this is a solid foundation that you could have not only to have that edge among other people who doesnt have diploma but also having that knowledge on which others isnt aware of.
Although there are people who are really able to survive despite on having no education or having no diploma but still they do able to make themselves do succeed but of course it would really be that
depending on how well you do able to hover up yourself on such situation.

Savings or investment it would really be that just depending into your own approach. Not all would really be that mindful in this regard and they would
really be that making adjustments as long they could be able to sustain on whatever situations that they might be able to face on.

[Plaguedeath]

Savings can only make you wealthy while invest can make you wealthy and protect your wealth.

So if people only know savings, their wealthy will keep declining after they stop to work because their money won't surpass the inflation rate and your monthly bills.

If people know about investment and able to pick a good investment, they don't have to worry to stop to work because their investment can generate passive income, this passive income is surpassing the inflation rate and enough or more than enough to pay your monthly bills.

[slapper]

savings only? Trying not to lose. Investment? Playing to win. Too many have been misled by the saving is enough narrative. Savings are like putting money beneath a mattress and hope it grows. Not going to happen. Consider the civil servants and oil workers clutching their pensions and savings. A survival strategy, not a wealth-building one. Savings lose value year after year due to inflation. That's growing where? Nowhere

Not the task, but the mindset is the problem with teaching. The idea that teachers can't be rich is false. How you invest and manage your income matters more than the income itself. Working with your money creates wealth, not preserving it. Investments generate wealth. Risks are part of life, my friend. Every dollar invested is a future seed. Not all will grow. Lack of planting means no yield

[snowpega]

Actually, these teachers or lecturers are working under the system & system makes their mentality weak i hope you are getting the term here "system" These teachers and lecturers are not growing due to their mentality of working under someone who used to give them a specific amount. We are also prey to that system as we are getting an education by spending half of our life and once we have done with our studies that system offers us a job to work under them instead of that they should educate us how to run a successful business.

If we want to achieve success in our lives we have to work out of that system well this is the reason we have never seen a teacher as a rich personality. We should learn different skills and implement them in our physical life and this may help us to grow fastly in real time. Besides this if we talk about saving amount over investment. in my opinion, investing somewhere is a good thing but we should never invest all of our savings at once because in case, If we have lost our invested value we are still in safe hands. Playing safe is the best recommendation. Many Thanks!

<snip>

<snip>

Guys first of all thanks for reading the post and replying with your opinion on it but after reading the replies of both of you guys what I came to realize is that you both got misunderstood about my actual point of saying. I am also a graduation degree holder in Computer Science. I wanted to say that getting an education is not bad but keep staying under that designed system may not help you to grow well. Now let me explain the word system again here.

That system wants you to get an education at a higher level and once you have done/completed your studies they want you to work under them in the form of a job which is the result you will never be a rich person. That is what I wanted to say, complete your studies but try not to work under that system. Think out of the designed system, Work on your own on multiple skills, and work out of the system. This may help you guys to grow well. You may notice many changes when you start to polish yourself after learning multiple skills and if luck goes with you, you may be a rich person in the world of no mercy. now what you guys say? Must share your opinion! Many Thanks!

[umbara ardian]

Sure, banks are safe and familiar, like that comfy old couch you never want to get rid of. But they also play it super conservative with your money, giving you peanuts in return. Online investments, on the other hand, are the exciting new restaurant down the street – potentially delicious food but there's also a chance you might get a tummy ache.

The truth is, both sides have a point. Banks are your trusty piggy bank, good for keeping your money safe and easily accessible. But online investments, like crypto, can be a wild ride with the potential for serious growth. The trick is not to ditch one for the other, but to find a balance. The key is to not ditch the comfy couch entirely. But maybe take a bite of that new restaurant's food  after you've done your research. This way, you can experience the best of both worlds: keeping your money safe while exploring exciting new ways to grow it.

[topbitcoin]

If we can do both, why not do it, save and invest. I never know what tomorrow will be like, will tomorrow be better than today? where maybe something we never expected will happen to us, there are always urgent needs that come suddenly and we have to fulfill them as soon as possible. And how can we meet these urgent needs if we don't have savings? Are we going to take out a loan? where loans are only a temporary solution, and in the end we are burdened with debt. and instead of waiting for things to get more difficult, it would be better for us to be able to prepare everything through the savings we save.

And the same goes for investment. Where I never know how long I will be given health so I can continue to earn money to meet my needs. and I never know how long I will be able to stay at a company where I work, because a company could lay off its workers unilaterally and suddenly. And if I only depend my fate on the work I am doing now, then difficulties and suffering will await me. And that's why it is quite important that we can have a number of investments, so that at least when we lose our job, we can still get income from the investments we make.

[Z_MBFM]

Savings can only make you wealthy while invest can make you wealthy and protect your wealth.

So if people only know savings, their wealthy will keep declining after they stop to work because their money won't surpass the inflation rate and your monthly bills.

If people know about investment and able to pick a good investment, they don't have to worry to stop to work because their investment can generate passive income, this passive income is surpassing the inflation rate and enough or more than enough to pay your monthly bills.

If someone save there money on some strong currency like bitcoin, Ethereum then this will be good but Fiat currency value decreasing day by day in every countrys so if someone save there money on fiat then they will loss the value of there savings day by day. so in this situation investment is a best way to protect your wealth. you can't ignore the risk of investment so you must have to accept the risk before investment. so investment & FIAT servings both have risk. now every individual should take there own decision what should they do.

[LogitechMouse]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

Unfortunately, most of the old people right now aren't into investing right now. I see people here in our place who don't even know what's investment at all. What they only know is they need to save, and you know what's worse? They will put it into their bank account because they find their money safe it they will put it there. Yes, it will be safe, but the value will be eaten down by inflation.

I don't know the reason why old people aren't into investing, but what I know is that, back in the day, information regarding investing was very limited, especially at that time when the internet wasn't a thing. Nowadays, people can just go to the internet, and look for investments. Back in the day, it's hard to spread information, and maybe the only thing they know is saving for their retirement.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

It's more of a loss than yield TBH. We know how low the interest these banks are giving to people who save their money on them compared to how high the inflation is. This is the thing that most people don't understand. Most old people don't know about investing, and I don't want to generalize, but what I think is that they aren't even interested in investing at all, especially if they see that they know that there's a chance that they will lose their hard-earned money.

Well, I guess we're lucky that we weren't born at a time when information was very limited. Now we can just look at different investments online, a few clicks, and you're invested already. Information? There are many online. We're very lucky that the internet is already a thing and we can access everything online when it comes to investments.

[MFahad]

If someone save there money on some strong currency like bitcoin, Ethereum then this will be good but Fiat currency value decreasing day by day in every countrys so if someone save there money on fiat then they will loss the value of there savings day by day. so in this situation investment is a best way to protect your wealth.

What if one invests their savings in Bitcoin or Ethereum and after that, the price of the asset drops significantly? We know that happens because there are both, a bull run and a bear run, in a full market cycle. So if their savings that originally had a value of, let's say, $10k, would possibly drop by 70% and become $3k. Now, if they face an emergency situation in their life and need funds immediately, what will they do? Because they can't withdraw their funds from that investment because if they do that, they will lose $7k straightaway.
So the moral is, never invest your savings in a market that is highly unpredictable and volatile or you will possibly have your money stuck for god knows how long.

[Humblevirus]

What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?

I don’t think so because I still don’t know why people are comparing saving money with investing. Most of you comparing savings with investments should know that these two things are not the same, and it is obvious because the investment you are seeing has a risk, and that doesn’t mean if someone can be able to save money, that means definitely he will be able to invest, whether in bitcoin or some other things. Even though I know this is all about bitcoin, the risk is what makes some people fear investment. However, someone who is saving may be rich while others invest. My only reason is that if the investment carries a lot of risk and the person fails in that investment, he will now be poor. 

No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

Even though I don’t know which country you are from and I don’t know how teachers in your country earn their salary, whether it is much or not, here in my country (Nigeria), I can tell you that teachers are one of the most underrated government workers because their salaries are very low. They earn a small amount of money, so in these circumstances, tell me how a teacher who has a family and earns a small amount of money will be able to save money talk-less of investment. You cannot save or invest when you are starving or have family to feed. 

[Hispo]

I mean, one needs to save money in order to later invest it, as far as I know.
I believe the way to go is to save money, and then, once a good enough quantity is saved and is not intended to be used for purchasing food or laying for shelter, then it would be time to look for investments, legitimate investments for us to try to get some yield out one's money in the mid term.
I don't see saving and investment as two separate processes, but rather I see saving as a precious step which comes before the investments take place and we have the chance to get more of it and defeat unwanted decrease of the value of our money (inflation).

Also, even if one has some money invested in some business or stockpiled in some assets, it is good to also have some cash at hand, not having liquidity it could be a problem if one needs to cover some unexpected expenses, that is an obvious lesson which is better to learn in a gentle way and not because of experience.

[Bd officer]

What if one invests their savings in Bitcoin or Ethereum and after that, the price of the asset drops significantly? We know that happens because there are both, a bull run and a bear run, in a full market cycle. So if their savings that originally had a value of, let's say, $10k, would possibly drop by 70% and become $3k. Now, if they face an emergency situation in their life and need funds immediately, what will they do? Because they can't withdraw their funds from that investment because if they do that, they will lose $7k straightaway.
So the moral is, never invest your savings in a market that is highly unpredictable and volatile or you will possibly have your money stuck for god knows how long.

I think the entire amount of savings should not be invested. If you invest in Bitcoin or Ethereum you should have the ability to hold for a long time. Many say invest what you can afford to lose. If you want to invest with risk then you can invest in Bitcoin or Ethereum. If you want to be risk free then you can invest in gold or physical assets. Wherever you invest, you don't invest the entire savings. Maybe you may face financial problems tomorrow, then you may be forced to sell your investment. If some savings are on hand then there may be no need to sell the investment.

[Neobanks]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I think both saving and investment are important to everybody and are also  bond to each other because the amount of money saved determine the volume and the efficiency of investment but if you critical correlate the impact of investment and saving in the society you will believe me that investment is the key to a sustainable society.
Money that is saved is just a dead money that the impact is not notable to the societal growth while investment is a live money that is at consistence growth and increment. Good investment will help in creating jobs and alleviating poverty in the society thereby helping the investor to always be affloat of money and prominent in the society.

[lienfaye]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I agree. Investing is better rather than keeping your money in banks as savings. There's an annual interest but it doesn't make you rich since it's quite low, hence not worth it. Although it's not really bad to have savings (of course it is still crucial) however, if your goal is to gain more money and if you want money to work for you, then investing is the answer.

But many people nowadays prefer to just keep their money just to be safe on scam and afraid to take risk. There's nothing wrong with that however if that is your mindset towards investing, there's no chance to gain more since saving doesn't generate profit.

[|MINER|]

When a teacher or government official gets his pension, he is almost at the end of his age, so he is not eager to invest his pension anywhere.  Store it that way and enjoy it as long as you live.  In these cases, everyone's opinion is different.  Some believe in savings and some believe in investment.  Now it is not possible for me to change anyone's belief according to your words.  Oh how if you invest somewhere there is a possibility of losing the total amount of money.  And it is not that it does not happen.  Many people have lost a lot of money by investing in wrong places.  And a government official certainly does not want to lose the pension received at the end of his service.  Because he got the pension after that long service.  Investing is good but investing requires sufficient amount of knowledge.  Investors often suffer losses if they do not know where to invest and when to invest

[Promocodeudo]

I so much believe in both of them, though investment is better because it is just like making extra income through a business setting, when you invest your money in a secured and authentic stuff it is better than keeping your money your money in the banking for nothing, not many people are regretting keeping there money without investing it in some kind of stuff that's profit assured.
When bitcoin came into circulation many people had the money to buy a large quantity of a it but some chose to save because that what the know and they somuch believe in it, to me you can only save some few bucks for emergency but your major money should be in a profitable asset or business for extra earnings.

[OrangeII]

Well I think having savings saved up is more important then a investment. There is times is our life when we need money to have basic things like food, clothing, and shelter.

It is only a good idea to invest if we can afford to lose those funds. There is no way to make sure we get good profits from a investment. But having a savings we know our funds are safe and we can use them when we have to.

Maybe everyone has different thoughts about this, however, I think both are important. Saving is very important, but while we still have enthusiasm for business, investment will also be very important. Investment is very important because investment can give us additional income, or perhaps savings that continue to increase in value. This may be very useful when we no longer have a source of income from work. We can get income from the investments we make now.
Saving is also important because the needs we have are always there. Savings have a function to fulfill this. So, I think that savings and investments should have their own part in a person.

[niall51]

I believe in investing more than saving because if we only save we won't be rich. The money we save just sits there and is eaten up by inflation, so indirectly the value of our money decreases every year. If we invest our money, at least it is eaten up by inflation, even though there is Personally, in my opinion, there are some risks that we take, so I prefer investing rather than saving

[southerngentuk]

Investing can be a dazzling prospect, a chance to watch your money blossom over time. Pension funds are a perfect example – a team of experts carefully tending your financial garden. But let's face it, not everyone has a green thumb. Investing is like turbocharged saving. It's about putting your money to work, aiming for growth that outpaces a simple savings account. But unlike a piggy bank, investments come with a bit of a wobble – risk.

Just like top stocks can take a tumble, there's no guarantee in investing. Remember, even the experts get it wrong sometimes.  Cryptocurrency? It can be a goldmine for some, a landmine for others.  FOMO  can cloud judgment, leading to impulsive investments that fizzle out faster than a firework. So, where does that leave us?  Saving isn't a bad option, especially for those laser-focused on their careers. But with today's low-interest rates, even bank accounts struggle to keep pace with inflation.

The truth is, there's no magic formula. Investing might not be for everyone, and that's okay. The key is to find a financial strategy that aligns with your goals and risk tolerance. There are plenty of resources available, from books to online courses, to help you navigate the world of investing.

[Antotena]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

You think so but I doubt it if it's that accurate. The internet has exposed everyone to what we our parents didn't know early but even at that, it's not everyone that save their money, if they save is perhaps they are trying to gather some money together and then invest in things like housing, buying of properties and some goes into real estate. However, we the 20 century generation prefer online investment and more reason why we have everyone introduced to Bitcoin today.

If you remove Bitcoin from the internet and real estate and ask people to invest in any other investment, they wouldn't have anything tangible to invest into and even if they have they will say that the profits is low as compare to the usual 100% that can be gotten in some coin online. Just know that the way we have many online people that do invest and don't make profits is the same way we have people that save but don't save for long time.

[Adams0001]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

Saving money is not a bad thing, but if you want to expand your money you need start investing. You need to save money before you can invest in real estate or cryptocurrency some people save money for emergencies or family troubles. Because any money you save will still be returned to you, but if you invest in it and the market does not go well and your fund you invest as reduced, and you need money quickly to solve your problem, and the money you invest is down, what can you do to get the money back, You will likely start borrowing money to add to solve your issue.

That is why it is best to find a source of funding so that you do not run into any problems when you begin your investment adventure and do not touch the funds of your investment. In my opinion, both saving and investing are beneficial since you never know what will happen if you invest all of your money and do not save any. He will cause you to borrow when you do not have any money to recover.

[Xxmodded]

Saving is old method teach by our parent do not understand well with investment right now and most of them still lack knowledge with inflation risk when saving our money. Its not wrong with our parent how to secure our money for saving but right now in the modern era have many site promising much profitable trough trusted investment why still hold and put our money in saving assets?
I think the era or saving money in the bank or put it under bellow have been over and right now saving is not only secure our money but also how to make it more increasing,
don't make we work for the money but make money work and give much profitable for us trough investing our money in trusted site from stock until cryptocurrency investment.

[Ben Barubal]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

Saving money is not a bad thing, but if you want to expand your money you need start investing. You need to save money before you can invest in real estate or cryptocurrency some people save money for emergencies or family troubles. Because any money you save will still be returned to you, but if you invest in it and the market does not go well and your fund you invest as reduced, and you need money quickly to solve your problem, and the money you invest is down, what can you do to get the money back, You will likely start borrowing money to add to solve your issue.

That is why it is best to find a source of funding so that you do not run into any problems when you begin your investment adventure and do not touch the funds of your investment. In my opinion, both saving and investing are beneficial since you never know what will happen if you invest all of your money and do not save any. He will cause you to borrow when you do not have any money to recover.

     There are people who want their money to grow through the investments they see, because there are many tools that can be used to make money. In fact, we just have to be wise in choosing the investments that we make because there are just as many Ponze schemes and scammers running around.

     Now, in terms of savings, that's fine if we're talking about security, and when you go to another country, you also need to have a bank account in the bank. But it is still better for our investment to really put our capital into something like cryptocurrency or bitcoin.

[boyptc]

Well I think having savings saved up is more important then a investment. There is times is our life when we need money to have basic things like food, clothing, and shelter.

That's true but I disagree about it being more important than investment. We can compare a situation like we've been holding bitcoin as this is considered as an investment than we choose to save money in the banks or wherever you are saving your fiat.

It is only a good idea to invest if we can afford to lose those funds. There is no way to make sure we get good profits from a investment. But having a savings we know our funds are safe and we can use them when we have to.

This is also true.

There is no guaranteed cash back in investments and it's like a gamble but once you're able to see that there's an opportunity within, you're going to get as much as you can and will get addicted to it than saving.

[Smartvirus]

One thing that is there to understand is that, these are two things that can’t do without themselves in a persons life on your journey to be and even as a successful person. You need to practice both never equally.
First, savings is the first step to any form of investment. Investment requires a definite capital and to be able to have a well enough capital that could prove enough for certain investment, you must first of all save for the activity.

Now savings doesn’t guarantee wealth, it gives you a vague sense of wealth and could be lost by a single misfortune. You could relate certain misfortune to investments as well but, while one might be from bad decision making which could be evaded, the case for savings is usually accidental and you don’t really get to predict that.

Savings diminishes but, investment doesn’t. It grows with time and could as well enrich your savings! That’s what makes it preferable.

[SatoPrincess]

Both are good financial choices. Most of the comments favor investments. Having savings is a good practice. The smart way to save money is to get your money in currencies that are less likely to depreciate in the forex market. To put this into perspective, I live in Nigeria and my savings is in USD. By doing so, I’m also making an investment because the value of the naira/dollar pair will always have the US dollar coming on top.

[poodle63]

Both are good financial choices. Most of the comments favor investments. Having savings is a good practice. The smart way to save money is to get your money in currencies that are less likely to depreciate in the forex market. To put this into perspective, I live in Nigeria and my savings is in USD. By doing so, I’m also making an investment because the value of the naira/dollar pair will always have the US dollar coming on top.

its definitely investment when our own currency seem to be depreciating more often than its pair that is USD.
i've personally done the same, USD so far is the best for saving in foreign currency its just really stable and also usually wins against most of the currency around the world.
but undeniably cryptocurrency chart shown significant gain wealth countering the inflation I think thats why i also prefer to allocate majority of my coin to the cryptocurrency
especially the altcoin ones where it can gain 10x of initial investment, overall i've been satisfied with how my investment yields, its been a good year overall despite already being struck
by some crisis back then when pandemic was still a thing.
overall, I think anyone that got excess money they don't use should reinvest it just for the sake of growing it just in case.
whether you gonna use the money or not is a problem to be thought about later on, there's no hurt in growing our own capital.

[God bless u]

I think they both are an important part of your life and they both are essential in some way to everyone. Savings help you out when you suddenly need some money and your needs are to be fulfilled immediately. Investments on the other hand help us to grow our earning portfolio and increase the amount of annual earning so that we can spend well on our lives.

If one of them is missing then we will feel a lack of money in certain aspects of our lives so we have to create a balance between savings and investments as well as expenditures so that we can live a healthy, joyful yet responsible life.

[sokani]

Both saving and investment are quite good but I prefer to invest more than to save because saving cannot make you rich but investment can. If you're a salary earner and you're earning let's say $500 per month. As someone that's the bread winner of the family, it will take you forever to settle the family bills, and also save up to execute major projects. But if you're earning such amount of money and also putting your money in the right investment, you can easily make your dream a reality.

[leonair]

Both saving and investment are quite good but I prefer to invest more than to save because saving cannot make you rich but investment can. If you're a salary earner and you're earning let's say $500 per month. As someone that's the bread winner of the family, it will take you forever to settle the family bills, and also save up to execute major projects. But if you're earning such amount of money and also putting your money in the right investment, you can easily make your dream a reality.

Savings are unable to keep pace with inflation as commodity prices rise day by day. So I believe in investments more than savings. Again, there is a possibility of loss in investment. Here, if a person invests in something wrong, he can lose his entire money, and if he invests in the right place, he can face inflection as well as profit. There is a saying that no risk no gain to gain in life one must take risk.  So I think you should save some money only to meet emergencies and invest the remaining money in different sectors.

[Gormicsta]

Well, for me, I think I'll go with the two because saving can help when emergency or unexpected needs happen, and investing is also necessary for the years to come. And investment can make someone wealthy for a lifetime, although saving is a short-term availability; in the event of an emergency, you can immediately use your money to help yourself, whereas investing does not allow you to access your money for a set period of time. So it is essential that you save in addition to investing. It is also necessary to understand the danger that exists between the two.

[retreat]

I don't feel that it is a mistake when someone prefers to save their salary rather than investing it. Because not everyone wants to invest their money, either because their knowledge is limited to it or for other reasons. So whether someone saves or invests doesn't matter, because both are equally good, but it's even better if both things are done together.

[eightdots]

I don't feel that it is a mistake when someone prefers to save their salary rather than investing it. Because not everyone wants to invest their money, either because their knowledge is limited to it or for other reasons. So whether someone saves or invests doesn't matter, because both are equally good, but it's even better if both things are done together.

When asked whether it is better to invest or save, we might say why not both? Everyone has different opinions on this issue and many opinions are useful. Sometimes we invest, sometimes we save, depending on the circumstances of the time. Acting according to our needs does not always make us do the same thing, so I agree with what you say.

Sometimes we can choose to invest and sometimes we can choose to save. If you know when it is a good time to invest or when it is a good time to save, you can do both.

[Fatunad]

I don't feel that it is a mistake when someone prefers to save their salary rather than investing it. Because not everyone wants to invest their money, either because their knowledge is limited to it or for other reasons. So whether someone saves or invests doesn't matter, because both are equally good, but it's even better if both things are done together.

When asked whether it is better to invest or save, we might say why not both? Everyone has different opinions on this issue and many opinions are useful. Sometimes we invest, sometimes we save, depending on the circumstances of the time. Acting according to our needs does not always make us do the same thing, so I agree with what you say.

Sometimes we can choose to invest and sometimes we can choose to save. If you know when it is a good time to invest or when it is a good time to save, you can do both.

I would definitely be saying the same on which why wont be taking both if you could actually be able to do it? When it comes to savings then this is something that should be in default but if you do saw
that you are really just that having no progress in towards your living or on how much you do earn then it would really be that wise that you should make use of those savings for you to make investment.
It would really be that much better that you should really know on what you are doing and taking up some risks for you to be able to enhance up yourself on having a better living.

Although not all would really be able to bare up with the risks on which they would rather be that tending to stay still and would really be that totally that contented on what
they do currently have. It would be your choice though because not all would really be risk takers and there are ones who are really that playing safe.

[fuguebtc]

I don't feel that it is a mistake when someone prefers to save their salary rather than investing it. Because not everyone wants to invest their money, either because their knowledge is limited to it or for other reasons. So whether someone saves or invests doesn't matter, because both are equally good, but it's even better if both things are done together.

When asked whether it is better to invest or save, we might say why not both? Everyone has different opinions on this issue and many opinions are useful. Sometimes we invest, sometimes we save, depending on the circumstances of the time. Acting according to our needs does not always make us do the same thing, so I agree with what you say.

Sometimes we can choose to invest and sometimes we can choose to save. If you know when it is a good time to invest or when it is a good time to save, you can do both.

I would definitely be saying the same on which why wont be taking both if you could actually be able to do it? When it comes to savings then this is something that should be in default but if you do saw
that you are really just that having no progress in towards your living or on how much you do earn then it would really be that wise that you should make use of those savings for you to make investment.
It would really be that much better that you should really know on what you are doing and taking up some risks for you to be able to enhance up yourself on having a better living.

Although not all would really be able to bare up with the risks on which they would rather be that tending to stay still and would really be that totally that contented on what
they do currently have. It would be your choice though because not all would really be risk takers and there are ones who are really that playing safe.

This issue has been discussed many times and no one forbids us to use both, why do we always want to choose one? Saving for emergencies and investing gives us the opportunity to increase our assets for a better future. Both are necessary needs for us to have a good life. But it's funny how many people act smart when they don't need to save and will invest all the money they have. Have they ever thought about what they would do if their investments lost money and they encountered difficulties in life? If they don't have savings, what will they do?

[Iroh]

Savings can only make you wealthy while invest can make you wealthy and protect your wealth.

So if people only know savings, their wealthy will keep declining after they stop to work because their money won't surpass the inflation rate and your monthly bills.

I don’t think having just your savings no matter how much it is would make one wealthy. Perhaps a little rich but definitely not wealthy. Problems which could arise from time to time would have to be solved and what better place to take money from than your Savings? With only your savings, one cannot be wealthy.
Investments on the other hand like you noted, protects and grows your income thereby steadily increasing your wealth. Your savings in the bank would surely be affected with the steady increase in prices over the years and the purchasing power won’t be as strong as when you first put it in the bank decades ago.

You’ll need to think of several avenues to have your savings stocked up in the bank start to generate more income for you. That’s how to attain wealth.

[uneng]

This issue has been discussed many times and no one forbids us to use both, why do we always want to choose one? Saving for emergencies and investing gives us the opportunity to increase our assets for a better future. Both are necessary needs for us to have a good life. But it's funny how many people act smart when they don't need to save and will invest all the money they have. Have they ever thought about what they would do if their investments lost money and they encountered difficulties in life? If they don't have savings, what will they do?

Sometimes people don't have enough money to save and invest at same time. They have to choose one or another. If they focus only on emergencies, they won't be able to thrive financially, because all their money will be destined to this sector. So, they have to risk not saving and putting all their money into investments, expecting them to bear fruits in the future, which may come in the short or long term. It's not an easy decision, but I'm in favour of this, since it would be a very harsh, monotonous life to only think about emergencies while neglecting the possibility of achieving a more wealthy life quality in the future.

Personally, I prefer to die trying, than live an entire life without achieving anything. If I face an emergency without any saved money for it, I will die resigned, because I will be conscious to be persuing something better for me and people around, even though I failed in the middle of the process, for something which was beyond my control. On the other hand, if I lived an entire life remedying emergencies, without reaching anywhere, I would feel completely frustrated for not leaving the comfort zone and not taking risks for something better in life.

[nngella]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I think some people use the word savings to represent their low-risk and liquid assets.  One example is your emergency fund.  You will only invest the amount to low-risk because you need the fund when there is an emergency and do not want to lose it when investing on high-risk investments.  Moreover, you want it to become liquid because if there is an emergency, you need to withdraw the money the fastest way possible.  Hence, some just call it savings because the return of low-risk investments are so small and some call it negligible.

On the other hand, some people use the term "investments" on their high-risk investments.  High-risk investments involves the probability of not gaining anything or even decreasing your capital/principal, but in return has the higher chance for you to earn higher return/interest (high-risk high-return principle).

[justdimin]

savings only? Trying not to lose. Investment? Playing to win. Too many have been misled by the saving is enough narrative. Savings are like putting money beneath a mattress and hope it grows. Not going to happen. Consider the civil servants and oil workers clutching their pensions and savings. A survival strategy, not a wealth-building one. Savings lose value year after year due to inflation. That's growing where? Nowhere

Not the task, but the mindset is the problem with teaching. The idea that teachers can't be rich is false. How you invest and manage your income matters more than the income itself. Working with your money creates wealth, not preserving it. Investments generate wealth. Risks are part of life, my friend. Every dollar invested is a future seed. Not all will grow. Lack of planting means no yield

The idea that teachers can't be rich is the same that plumbers can't be or coders can't be or any job really. Some of them will be rich because they know what to do with money, and some of them have no clue what they are going to do because it takes time.

I personally believe that we are going to be fine if we know what we are doing, but if we do not know what we are doing and spending every dime that we get, then it doesn't matter what our profession is, we will end up with losing a lot of money. I hope that it could be understood better, it is not going to be all that easy, and it will take a while. I hope that people could do much better with time, and learn how to invest properly and could make a lot more money with their money.

[hyudien]

I don't feel that it is a mistake when someone prefers to save their salary rather than investing it. Because not everyone wants to invest their money, either because their knowledge is limited to it or for other reasons. So whether someone saves or invests doesn't matter, because both are equally good, but it's even better if both things are done together.

I agree with you, although investing can be profitable, it cannot be done by everyone, of course everyone has their own wishes, including managing their money. I myself don't think that saving is a bad thing, because it is a pretty good way of managing money. Many people save money to fulfill their desires, such as buying their dream property or gadgets and so on, and I think that's not bad, because then they have the will to try.
Meanwhile, for investment, of course we must have knowledge of aspects related to investment so that the investment made does not experience losses. because of course everyone doesn't want to experience financial losses. therefore not everyone invests. It's true that what you're doing might be better if we do it simultaneously, but make sure our finances are stable. Don't force yourself to be able to do both of these things simultaneously if your finances are unstable.

[MarjorieZimmermanGinger]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

Most people believe in savings more than investment, even though if you calculate it, savings does not make the money we have more productive. On the other hand, when people dare to take risks, the money placed in investments will be much more productive so that they can generate profits. The comfort zone for civil servants and those who work in companies trust savings more because they don't dare to take risks.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

I have looked at several existing investment models but I have not found an asset like bitcoin that is able to achieve such widespread adoption in such a short time. Currently, the investment protection that I do is only on investment assets other than owning gold and land, which is the step I chose previously, because I believe that Bitcoin can provide quite significant returns if someone can be patient with the investment they are making.

[Fivestar4everMVP]

Well, to simply put it in a layman's language, I would say that investment is what guarantees us a good future, but savings is what saves us in times of urgent and unexpected financial troubles.

If we take a critical look at both, we will discover that both are very important for our survival, because we need to invest, and at the same time, have savings; to have a balanced equation.
For if we have investments and don't have saving, we might likely end up treating our investments as savings thereby, taking it out to solve issue when the investment have not grown or matured enough.
And if we have savings and do not have investment, then we risk remaining poor for the rest of our lives because, saving does not guarantee financial freedom in the future, what does that is investment, and without it, like I said before, we are gambling with our future financial stability.

So, in the nutshell, every man should invest, as well as save, we need both, for both are very important for our present and future.

[red4slash]

This issue has been discussed many times and no one forbids us to use both, why do we always want to choose one? Saving for emergencies and investing gives us the opportunity to increase our assets for a better future. Both are necessary needs for us to have a good life. But it's funny how many people act smart when they don't need to save and will invest all the money they have. Have they ever thought about what they would do if their investments lost money and they encountered difficulties in life? If they don't have savings, what will they do?

Well, if we have more finances then it would be better to be in both but at the same time there are some things that might happen including the fact that not everyone can have more money to save and invest simultaneously in a certain period of time so it needs further consideration to choose one of them.
Although sometimes this is also risky because in the end we are faced with the needs of life that we have but indeed choosing one of the investment and saving is something that must be done if our condition is a little difficult and this is where we need to find what is the better solution that we should choose between saving or investing.

We know that both will be profitable if run well but if indeed we are not able to be in both then thinking well to focus on one of them is not a bad thing either and it must be done.

[snowpega]

I think they both are an important part of your life and they both are essential in some way to everyone. Savings help you out when you suddenly need some money and your needs are to be fulfilled immediately. Investments on the other hand help us to grow our earning portfolio and increase the amount of annual earning so that we can spend well on our lives.

If one of them is missing then we will feel a lack of money in certain aspects of our lives so we have to create a balance between savings and investments as well as expenditures so that we can live a healthy, joyful yet responsible life.

Yes, I do agree with you both are important so there is no reason one should compare these two terms. In my opinion of one has a good amount of savings and he/she still keeps saving more and more, one should invest some amount from his/her savings rather than that of investing the all amount at once. There are some cases where we need emergency funds we can not fetch our amount out of investment because we know that this is not the correct time to fetch the amount out of investment.

In this way, we should always keep save a part of money for emergency needs as well. If one has invested all his/her amount at once to get good amount of profit form his all invested money in bad case he he has to face loss and luck do not help him/her in this way he/she may have to loss all his/her saving. In my Honest opinion, we should never invest all of our savings at once anywhere. what fo you think?

[adzino]

I would say both saving and investment is important and one should include both when making any financial strategies. Savings are kinda like a "safe zone that allows you to sleep in peace at night". It helps you in emergencies and ensuring security for future needs, including retirement. Remember, it is your savings that will help you when your life starts to take an unexpected turn. And yeah, investments is about a " regular growth". It gives you a better opportunity to save and grow your money, while also protecting you from inflation and losing the value of your money you have saved. You will have a source of money that will help you pay your bills, but it does come with risks. There might be months where you make nothing or suffer a huge loss. I would say it is best to have enough saved up to cover your emergencies and short-term needs, then one can start thinking about investing. And also invest money that you won't need immediately and can afford to risk for the potential of higher returns.

[stadus]

I don't feel that it is a mistake when someone prefers to save their salary rather than investing it. Because not everyone wants to invest their money, either because their knowledge is limited to it or for other reasons. So whether someone saves or invests doesn't matter, because both are equally good, but it's even better if both things are done together.

I agree with you, although investing can be profitable, it cannot be done by everyone, of course everyone has their own wishes, including managing their money. I myself don't think that saving is a bad thing, because it is a pretty good way of managing money. Many people save money to fulfill their desires, such as buying their dream property or gadgets and so on, and I think that's not bad, because then they have the will to try.
Meanwhile, for investment, of course we must have knowledge of aspects related to investment so that the investment made does not experience losses. because of course everyone doesn't want to experience financial losses. therefore not everyone invests. It's true that what you're doing might be better if we do it simultaneously, but make sure our finances are stable. Don't force yourself to be able to do both of these things simultaneously if your finances are unstable.

I think not all people aim to invest not because they’re not knowledgeable, but because they knew from the start that there are always high risk of losing from certain investments. There is no assurance of creating good ROI that’s why if they will only lose their money, then why do they have to risk their funds in investing when they can do all the saving and keeping a good amount consistently.

Sometimes, saving and investing do not compliment with each other. That’s why some people chose to stick to only one thing, either to focus on saving or stick to investing even without stable amount of savings.

[mirakal]

Well I think having savings saved up is more important then a investment. There is times is our life when we need money to have basic things like food, clothing, and shelter.

It is only a good idea to invest if we can afford to lose those funds. There is no way to make sure we get good profits from a investment. But having a savings we know our funds are safe and we can use them when we have to.

Maybe everyone has different thoughts about this, however, I think both are important. Saving is very important, but while we still have enthusiasm for business, investment will also be very important. Investment is very important because investment can give us additional income, or perhaps savings that continue to increase in value. This may be very useful when we no longer have a source of income from work. We can get income from the investments we make now.
Saving is also important because the needs we have are always there. Savings have a function to fulfill this. So, I think that savings and investments should have their own part in a person.

If you are a fan of saving, I believe you also want to take part in any potential investment since your aim is to yield possible profits and end up saving them for the future. So both are actually vital to a person, as saving a huge amount can be highly possible if you don’t rely solely on your salary but also to your investments as well.

However, not all individuals are able to realize this. It’s just that some just want to stay in their comfort zone and play safe, and just focus on saving until they yield a decent amount. Not realizing that investing can do a lot of saving once their investments have turned out to be massively profitable after years of successful operation.

[Belarge]

I think not all people aim to invest not because they’re not knowledgeable, but because they knew from the start that there are always high risk of losing from certain investments. There is no assurance of creating good ROI that’s why if they will only lose their money, then why do they have to risk their funds in investing when they can do all the saving and keeping a good amount consistently.

Sometimes, saving and investing do not compliment with each other. That’s why some people chose to stick to only one thing, either to focus on saving or stick to investing even without stable amount of savings.

Our savings and investment will do the working, it's more like showing working when it comes to the system. Investment are mainly for the promising future, one can invest and not see the current result not until several moths and years, as long it's prominent, one needs zero fear because there's certainly evidence for these startup investment. They're both important in the life role of human. I can not recall the countless times I've fallen back to my savings because they're always necessary and saving us in crucial circumstances.

[n0ne]

I think not all people aim to invest not because they’re not knowledgeable, but because they knew from the start that there are always high risk of losing from certain investments. There is no assurance of creating good ROI that’s why if they will only lose their money, then why do they have to risk their funds in investing when they can do all the saving and keeping a good amount consistently.

Sometimes, saving and investing do not compliment with each other. That’s why some people chose to stick to only one thing, either to focus on saving or stick to investing even without stable amount of savings.

Our savings and investment will do the working, it's more like showing working when it comes to the system. Investment are mainly for the promising future, one can invest and not see the current result not until several moths and years, as long it's prominent, one needs zero fear because there's certainly evidence for these startup investment. They're both important in the life role of human. I can not recall the countless times I've fallen back to my savings because they're always necessary and saving us in crucial circumstances.

Well said, investment makes the future better, whereas savings serve as the basis for investment. Investments are long term focused, whereas savings help meet immediate needs. As most of the users said, it is good to have a diversified plan where one can save 30% of the earnings and invest 50% and 20% for emergency needs. Investment gives a better rate of interest, but the same comes with risk, whereas savings aren't.. The present generation is much into investment, as the people are well aware of the difference between the two.

[Bloodseekers]

Well said, investment makes the future better, whereas savings serve as the basis for investment. Investments are long term focused, whereas savings help meet immediate needs. As most of the users said, it is good to have a diversified plan where one can save 30% of the earnings and invest 50% and 20% for emergency needs. Investment gives a better rate of interest, but the same comes with risk, whereas savings aren't.. The present generation is much into investment, as the people are well aware of the difference between the two.

What you say is very true, we must be able to do these two things well if we don't want ourselves to experience financial problems in the future, because to be able to carry out investments well of course we have to have a plan as you mentioned and this really depends on personality. someone determines the portion they will invest and save and investing of course has risks, but if we understand the risks we will face, of course we will be able to reduce the possibility of what will happen to the investment we make and in my opinion saving is also There is a risk because when inflation occurs the value of the savings we have will experience a decrease in value even though we continue to increase the amount of savings.

[fuguebtc]

This issue has been discussed many times and no one forbids us to use both, why do we always want to choose one? Saving for emergencies and investing gives us the opportunity to increase our assets for a better future. Both are necessary needs for us to have a good life. But it's funny how many people act smart when they don't need to save and will invest all the money they have. Have they ever thought about what they would do if their investments lost money and they encountered difficulties in life? If they don't have savings, what will they do?

Sometimes people don't have enough money to save and invest at same time. They have to choose one or another. If they focus only on emergencies, they won't be able to thrive financially, because all their money will be destined to this sector. So, they have to risk not saving and putting all their money into investments, expecting them to bear fruits in the future, which may come in the short or long term. It's not an easy decision, but I'm in favour of this, since it would be a very harsh, monotonous life to only think about emergencies while neglecting the possibility of achieving a more wealthy life quality in the future.

Personally, I prefer to die trying, than live an entire life without achieving anything. If I face an emergency without any saved money for it, I will die resigned, because I will be conscious to be persuing something better for me and people around, even though I failed in the middle of the process, for something which was beyond my control. On the other hand, if I lived an entire life remedying emergencies, without reaching anywhere, I would feel completely frustrated for not leaving the comfort zone and not taking risks for something better in life.

I understand what you are saying and I was also in a difficult situation many years ago when I did not have enough money to do both at the same time and I also chose to invest. We can make trade-offs and accept risks to invest and without savings, but we should not speak ill of savings or deny the importance of saving in life. It's really important and becomes even more important for people with families and children .

Some are enjoying profits from their investments and have never encountered an emergency . So they are very arrogant but I hope they will not pay the price for their arrogance because life is full of surprises.

[Ricardo11]

Personally I have always given more importance to investments. Because in the current world situation, we cannot go far with what we save. So I invest all my savings somewhere good so that it can give me good profit over time. This is saving me and my saving is increasing with time. So I always like investing.

[martinex]

Personally I have always given more importance to investments. Because in the current world situation, we cannot go far with what we save. So I invest all my savings somewhere good so that it can give me good profit over time. This is saving me and my saving is increasing with time. So I always like investing.

Yes and it good decision. I really appreciate your desire to develop an estimate of the value of your money to invest in various sectors and that is good business, meaning you are good at reading opportunities.

But, this is not the main advice, but it's a good idea if you want to enter the market and invest in crypto, enter it if the conditions are already quite good, meaning if the market situation is still frenetic, it's best to delay and save it in USDT first, then after it looks comfortable, then you can buy it. because there are still dozens of good ones that can be bought on the market, whether they have a rating of 100 on CMC or 20, they still have great potential.

[reagansimms]

No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

Another factor that makes teachers or lecturers not rich is the lack of literacy regarding investment, Their mathematical calculations favor smaller risks. Saving is a way to achieve better financial goals in the near future, but investment has many advantages compared to savings. Recently, people have begun to open their eyes to the importance of investing. One of the advantages of investment is that it can be a shield against inflation because it offers the potential for greater returns or profits than savings.

People who are still focused on saving must be able to understand the difference between the function of saving and investing. If the money is allocated as a reserve fund in the near future, saving will be the best option. However, if the money that has been collected is not used for other needs (cold money), investment is the best choice to get profits for a specified period of time.

[Youngkhngdiddy]

I don’t think having just your savings no matter how much it is would make one wealthy. Perhaps a little rich but definitely not wealthy. Problems which could arise from time to time would have to be solved and what better place to take money from than your Savings? With only your savings, one cannot be wealthy.
Investments on the other hand like you noted, protects and grows your income thereby steadily increasing your wealth. Your savings in the bank would surely be affected with the steady increase in prices over the years and the purchasing power won’t be as strong as when you first put it in the bank decades ago.

You’ll need to think of several avenues to have your savings stocked up in the bank start to generate more income for you. That’s how to attain wealth.

Saving alone can’t give you that financial freedom you’re looking for, one needs to be industrious and resources to be able to meet up with the day to day challenges of life. And to beat these challenges making profit is the only way. A successful business man does not only become successful by just saving, he seeks for opportunity and capitalize on it. He never cease to take risk when necessary working around the clock to make sure his business is going smoothly. This is kind of person is likely to become to be rich than a person who just depends on their monthly savings. Saving brings no profit whereas investment, has to do with risk, you’re likely to both succeed and fail depends what’s fate has install for you.  You can have a saving method, it can be weekly or monthly any which way, once you don’t know how to multiply those numbers it’s remains the same.
 I believe in  numbers and I love to see them adding up, not everyone is a risk taker, some people do not like to go the extra mile. The level of risk associated with an investment can vary depending on factors such as the type of asset, the current market conditions, and the overall economic environment. It's important to remember that investing is not a guaranteed way to make money, and that there is always a possibility of losing some or all of your investment. That's why it's recommended to do your research and understand the potential risks associated with any investment before putting your money into it. Investments that are considered to be high-risk include options, futures, penny stocks, and some types of leveraged investments. As the risk is higher the more money you can make from the investment.

[tsaroz]

Saving and investment both are needed. Saving doesn't make you money but investment can but saying so, you should never underestimate the importance of saving.
Even if you are extra cautious, investment won't always be on your side. All of our modern economic concept are based on increasing demand be it for iphone or cars or crypto and stocks but we are nearing a spot where there's no more population growth on developed nations. It means our investment are getting riskier than ever. And saving are at least not lost unless there's hyperinflation.

[hyudien]

I agree with you, although investing can be profitable, it cannot be done by everyone, of course everyone has their own wishes, including managing their money. I myself don't think that saving is a bad thing, because it is a pretty good way of managing money. Many people save money to fulfill their desires, such as buying their dream property or gadgets and so on, and I think that's not bad, because then they have the will to try.
Meanwhile, for investment, of course we must have knowledge of aspects related to investment so that the investment made does not experience losses. because of course everyone doesn't want to experience financial losses. therefore not everyone invests. It's true that what you're doing might be better if we do it simultaneously, but make sure our finances are stable. Don't force yourself to be able to do both of these things simultaneously if your finances are unstable.

I think not all people aim to invest not because they’re not knowledgeable, but because they knew from the start that there are always high risk of losing from certain investments. There is no assurance of creating good ROI that’s why if they will only lose their money, then why do they have to risk their funds in investing when they can do all the saving and keeping a good amount consistently.

Sometimes, saving and investing do not compliment with each other. That’s why some people chose to stick to only one thing, either to focus on saving or stick to investing even without stable amount of savings.

It's true that not everyone wants to invest because there is a risk of loss, but I think this risk of loss can still be minimized by having good knowledge. Now if we have good knowledge or good skills, will we just leave it alone? I don't think so. we have to take advantage of it because there is an opportunity to make a profit. Also, if they invest, they should be able to accept the risk, because of course there is a risk in everything, it's just that the risk depends on us, if we do it well, it's possible that the risk will be small and maybe even avoidable.
I don't think saving is bad either, but there are some people who only focus on saving. and it's not mandatory, in my opinion everyone should invest or save at the same time, because of course everyone's finances are different, it's possible that they have limited income that only meets their needs, and even saving is only occasionally or forced. .

[pusaka]

I would say both saving and investment is important and one should include both when making any financial strategies. Savings are kinda like a "safe zone that allows you to sleep in peace at night". It helps you in emergencies and ensuring security for future needs, including retirement. Remember, it is your savings that will help you when your life starts to take an unexpected turn. And yeah, investments is about a " regular growth". It gives you a better opportunity to save and grow your money, while also protecting you from inflation and losing the value of your money you have saved. You will have a source of money that will help you pay your bills, but it does come with risks. There might be months where you make nothing or suffer a huge loss. I would say it is best to have enough saved up to cover your emergencies and short-term needs, then one can start thinking about investing. And also invest money that you won't need immediately and can afford to risk for the potential of higher returns.

Well, we should not separate things that are actually good for us to do, both saving and investing are something that is good for us. We must be able to manage our finances very well, so that we can divide the money from our income into several parts, the first of which is to meet living needs and then to invest and save. I think we can set aside 20% to 30% of our income for saving and investing.
We can allocate another 20% or 30% to save, for example, 30% and 70% to invest, that amount depends on us. We do all this for our future, because both savings and investment are our way of preparing for something in the future.

[kingvirtus09]

I would say both saving and investment is important and one should include both when making any financial strategies. Savings are kinda like a "safe zone that allows you to sleep in peace at night". It helps you in emergencies and ensuring security for future needs, including retirement. Remember, it is your savings that will help you when your life starts to take an unexpected turn. And yeah, investments is about a " regular growth". It gives you a better opportunity to save and grow your money, while also protecting you from inflation and losing the value of your money you have saved. You will have a source of money that will help you pay your bills, but it does come with risks. There might be months where you make nothing or suffer a huge loss. I would say it is best to have enough saved up to cover your emergencies and short-term needs, then one can start thinking about investing. And also invest money that you won't need immediately and can afford to risk for the potential of higher returns.

Well, we should not separate things that are actually good for us to do, both saving and investing are something that is good for us. We must be able to manage our finances very well, so that we can divide the money from our income into several parts, the first of which is to meet living needs and then to invest and save. I think we can set aside 20% to 30% of our income for saving and investing.
We can allocate another 20% or 30% to save, for example, 30% and 70% to invest, that amount depends on us. We do all this for our future, because both savings and investment are our way of preparing for something in the future.

That's what I see with those two; maybe the 20% we earn in a month will be allocated to trading and investment. Maybe this set-up is better, right? The ratio is 10:10, and at least with the 10% that is in trading, we can grow that and add profit if the analysis we do is correct in every trading analysis we do.

This is a better way, in my opinion, so I will not separate this investment from trading because they can both give me a source of income in the end. Am I right?

[Zoomic]

Saving and investment both are needed. Saving doesn't make you money but investment can but saying so, you should never underestimate the importance of saving.
Even if you are extra cautious, investment won't always be on your side. All of our modern economic concept are based on increasing demand be it for iphone or cars or crypto and stocks but we are nearing a spot where there's no more population growth on developed nations. It means our investment are getting riskier than ever. And saving are at least not lost unless there's hyperinflation.

You've said it all. Even while investing,  we still need to have savings to meet up with emergency situations.  It is never adviceable to invest everything you have, what else do we fall back to in times of emergencies? Savings can also be necessary when we have a project at hand that needs to be completed, every little drop of money leads to a significant achievement. While we advise people to invest for the sake of the future, we should not neglect the power of savings because many investments wouldn't be viable without the power of savings. This two compliment  each other therefore,  none should be neglected as they are both important. Save for the rainy day and invest to get more returns.

[stomachgrowls]

Saving and investment both are needed. Saving doesn't make you money but investment can but saying so, you should never underestimate the importance of saving.
Even if you are extra cautious, investment won't always be on your side. All of our modern economic concept are based on increasing demand be it for iphone or cars or crypto and stocks but we are nearing a spot where there's no more population growth on developed nations. It means our investment are getting riskier than ever. And saving are at least not lost unless there's hyperinflation.

You've said it all. Even while investing,  we still need to have savings to meet up with emergency situations.  It is never adviceable to invest everything you have, what else do we fall back to in times of emergencies? Savings can also be necessary when we have a project at hand that needs to be completed, every little drop of money leads to a significant achievement. While we advise people to invest for the sake of the future, we should not neglect the power of savings because many investments wouldn't be viable without the power of savings. This two compliment  each other therefore,  none should be neglected as they are both important. Save for the rainy day and invest to get more returns.

It would really be that relevant if we do speak about emergency cases on which these funds would really be that relevant or something significant as always. It is really just that there are people
who dont really give out some priorities when it comes to savings or emergency funds. We do hate up fiat to be stored or would be sitting idle since it cant make out some income
but it would really be always useful for you to be able to save it up because there would really be specific situations or conditions on which you would really be able to need this.

You should really know on how to allocated or save up with this kind of purpose because not all would really be that sensible in towards their actions on which they would really be
having those kind of approach that it isnt really that something important or relevant.

[Juse14]

I never know what the future will be like, whether it will be better than the current life or even more difficult. Because currently we are faced with economic conditions that are full of uncertainty, which makes me quite pessimistic that tomorrow's economic conditions will be better than the previous day.
And to anticipate all the things we don't expect in the days to come. And even though the income I earn is limited, I always try to set aside a little of the income I earn to fulfill the savings and investments I make. Because this is an important thing that I have to do to answer future problems. because for me, both savings and investment are two important things that I must have. So as long as I still have health and the opportunity to continue earning money, I will try to earn as much money as possible in order to increase the amount of savings and investments I make. Because if I don't realize these two things (having savings and investment), then both now and in the future, I might still be in trouble.

[sulendra12]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I do both of those and I think it's pretty beneficial for you. Sure the value that you are saving isn't gonna increase but sometimes you do need to use your savings for urgent and emergency things in your life and especially if you need it like instant then saving is pretty much your choice right there. But investments like forex, real estate and gold needs time to withdraw the value thus it has a use-case for that.

[Agbamoni]

I never know what the future will be like, whether it will be better than the current life or even more difficult. Because currently we are faced with economic conditions that are full of uncertainty, which makes me quite pessimistic that tomorrow's economic conditions will be better than the previous day.
And to anticipate all the things we don't expect in the days to come. And even though the income I earn is limited, I always try to set aside a little of the income I earn to fulfill the savings and investments I make. Because this is an important thing that I have to do to answer future problems. because for me, both savings and investment are two important things that I must have. So as long as I still have health and the opportunity to continue earning money, I will try to earn as much money as possible in order to increase the amount of savings and investments I make. Because if I don't realize these two things (having savings and investment), then both now and in the future, I might still be in trouble.

Sounds like someone who understands life to some extent. Life is unpredictable you never can know what will elevate you from the financial level we are now. Whether savings or investment. I treat both equally and see them as something that is necessary to every man and woman. If we see that investment will work for us, then we should go into investment. Still, it doesn't stop us from savings once i a while. The little savings we make today can save us in the future.

If we decide to do both i feel more of our earning should be put into investment. For instance, a person earn 100$ a month, in my opinion, it is wise that 30% should be put into investment then 20% should be put into savings then the remaining percentage can be used to cover the other monthly expenses. In this way we can grow and become successful.

[Davidvictorson]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?

I do not think that there is anyone that immediately invests money in a business. First, investment money can come mostly from savings. Savings is not bad. And not all investments are profitable. At some point, it is better to save than to invest. Invest wisely. Invest in what you understand.

No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

You are not entirely correct. Do not just think that wealth equals money for everyone. Some teachers just want to impact student. Develop some new theory and do what they love to do. Wealth for them could  be in the non-financial, material things, like career progress etc.

What do you think?

I think we should all save for the rainy day and invest for the future to the best of our capability.

[batang_bitcoin]

I do both of those and I think it's pretty beneficial for you. Sure the value that you are saving isn't gonna increase but sometimes you do need to use your savings for urgent and emergency things in your life and especially if you need it like instant then saving is pretty much your choice right there.

Savings are still needed. You don't hold what happens tomorrow and that's the purpose of savings, you'll get something to get from that savings if unpredicted things happen and you need money for that.

But investments like forex, real estate and gold needs time to withdraw the value thus it has a use-case for that.

I don't consider forex as an investment but it's a hustle that's hard for most of the people. If you have no idea of what trading is, much better to remain as an investor with the two that you've mentioned jewelry/precious metals(gold) and real estate. Real estate are liquid but it takes time before you sell a property but while waiting for that, you can rent out the place and that's also a cash flow coming in to you while having the intention of selling it. That's what investment is.

[MainIbem]

Sure the value that you are saving isn't gonna increase but sometimes you do need to use your savings for urgent and emergency things in your life and especially if you need it like instant then saving is pretty much your choice right there.

emergency funds aren't meant for investment and there is difference between these two types of funds, for instance when you have your income coming you should have a saving percentage and investment percentage. You can split your income into 4 parts depending on the level of your income and emergency fund shouldn't be touched for any reason so that it will do it's job when the need arises but that of investment should always be channeled to investment instead of using it as emergency fund.

[Btcdeybodi]

I do not think that there is anyone that immediately invests money in a business. First, investment money can come mostly from savings. Savings is not bad. And not all investments are profitable. At some point, it is better to save than to invest.

Normally before one begins to make an investment, he must have gone through some savings processes because money for investment doesn't just appear in bulk to start making investments but gradually till an amount that you wish to own up an investment have been achieved so investment works along with savings.

[Dr.Osh]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I do both of those and I think it's pretty beneficial for you. Sure the value that you are saving isn't gonna increase but sometimes you do need to use your savings for urgent and emergency things in your life and especially if you need it like instant then saving is pretty much your choice right there. But investments like forex, real estate and gold needs time to withdraw the value thus it has a use-case for that.

well, however, both are important choices and perhaps every person should have them. However, investment and savings have their respective roles. both of these things need to be present. without one of them, it is very likely that one of them will be disrupted. For example, if we only choose savings, then we must be prepared to face inflation that occurs, and our assets may stop at the amount of our savings. This is quite troublesome when we do not have additional income from investments, because it may decrease quickly if we have an emergency need.
Meanwhile, investing without savings can put the investments we have in a situation where it might be easier for us to sell them. That's because we have no preparation for what lies ahead and only focus on investing. If our investment grows slowly, and our needs exceed the limit, then our investment must be sold. therefore, both are important. I also tend to try to do both.

[Dewi Aries]

well, however, both are important choices and perhaps every person should have them. However, investment and savings have their respective roles. both of these things need to be present. without one of them, it is very likely that one of them will be disrupted. For example, if we only choose savings, then we must be prepared to face inflation that occurs, and our assets may stop at the amount of our savings. This is quite troublesome when we do not have additional income from investments, because it may decrease quickly if we have an emergency need.
Meanwhile, investing without savings can put the investments we have in a situation where it might be easier for us to sell them. That's because we have no preparation for what lies ahead and only focus on investing. If our investment grows slowly, and our needs exceed the limit, then our investment must be sold. therefore, both are important. I also tend to try to do both.

I agree with you, there is a big possibility that if we only have or do one of these two things it might be disrupted, but in my opinion it depends on us ourselves. Because if our finances are stable and if we only have savings, this possibility will not be disturbed even if we just save. I have a friend whose finances are very stable, he doesn't make investments but he saves in many banks, where he chooses which bank to save and not to disturb his funds, and saves for financial funds that can be withdrawn at any time as long as we need them, in my opinion this is depending on our own finances and the way we manage our finances.

It would be a shame if the investment made had to be sold at the wrong time. Of course we want the best, including profits, which are the most profitable point, but if we sell it at the wrong time, of course it is not a desire but a compelling situation, so we have to do it even though the profit is not much or even at a loss. Therefore, before making an investment, in my opinion, we must have a reserve fund or emergency fund or other savings to deal with unexpected things, don't let the investment made be disrupted at the wrong time.

[Rabata]

I would say both saving and investment is important and one should include both when making any financial strategies. Savings are kinda like a "safe zone that allows you to sleep in peace at night". It helps you in emergencies and ensuring security for future needs, including retirement. Remember, it is your savings that will help you when your life starts to take an unexpected turn. And yeah, investments is about a " regular growth". It gives you a better opportunity to save and grow your money, while also protecting you from inflation and losing the value of your money you have saved. You will have a source of money that will help you pay your bills, but it does come with risks. There might be months where you make nothing or suffer a huge loss. I would say it is best to have enough saved up to cover your emergencies and short-term needs, then one can start thinking about investing. And also invest money that you won't need immediately and can afford to risk for the potential of higher returns.

Well, we should not separate things that are actually good for us to do, both saving and investing are something that is good for us. We must be able to manage our finances very well, so that we can divide the money from our income into several parts, the first of which is to meet living needs and then to invest and save. I think we can set aside 20% to 30% of our income for saving and investing.
We can allocate another 20% or 30% to save, for example, 30% and 70% to invest, that amount depends on us. We do all this for our future, because both savings and investment are our way of preparing for something in the future.

Savings and investment both are very important for a person. Generally a person save money for his retirement and for use of emergency fund. Also many try to make up for it by saving to acquire a house, car or anything else in their long life. Investing here is a bit different. In saving a person gradually increases his money whereas investment is a means of earning money. Through this a person gets an opportunity to increase his wealth. I believe that both saving and investing are necessary for anyone who wants to be financially secure in the future. Just as saving is necessary to keep oneself safe, there is no substitute for investing to grow one's assets to a significant extent in the future. I think a person should save a certain portion of his income. When a person can save, he will also be encouraged to invest.

[Miles2006]

People do mistake saving and investment, this two are different although people who save money using the fiat currency can still be perfect in term of investing like bitcoin, gold, land etc. From my perspective saving has nothing to do with profit, people have their different way of thinking so I can't just force someone to start an investment for future purpose but an educated person oughto know the benefit involved when it comes to investment. Secondly don't just invest but choose wisely, know the right investment choice cause I have seen several people who went for the wrong choice and ended with no profit. I still think people who went for saving are ignorant and need such advice on different investment choice but not forcefully.

[nurilham]

Savings are still needed. You don't hold what happens tomorrow and that's the purpose of savings, you'll get something to get from that savings if unpredicted things happen and you need money for that.

Of course, savings will be always needed because it is like reserved money for emergency or urgent needs. If we only has investment and has no saving, we may get difficulty when there is an emergency. Sometimes we can't sell investment quickly because of many reasons. If we only have crypto investment, we probably sell for losses if it is in the red market. That's why savings is needed for reserved money.

I don't consider forex as an investment but it's a hustle that's hard for most of the people. If you have no idea of what trading is, much better to remain as an investor with the two that you've mentioned jewelry/precious metals(gold) and real estate. Real estate are liquid but it takes time before you sell a property but while waiting for that, you can rent out the place and that's also a cash flow coming in to you while having the intention of selling it.

Agree, forex is unlikely as a common investment. Only few people can do forex, and it is only for people who have proper knowledge about forex.
Sure, gold and real estate are the right investments. Holding Bitcoin is also investment that we can do for a long term goal. But gold and real estate can be categorized as safe investment, meanwhile Bitcoin is still categorized as a high risk investment.

[Casdinyard]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I believe and would always go for both. You can't just pick one and swear against the other, they have their own uses and benefits after all.

Savings will save you (pun not intended) from financial ruin when things get rough and emergencies come by. It also ensures you don't spend too much money on certain purchases since saving for them will prepare you for such purchase without having to take from your pocket. This is something you cannot do with investments as it would financially ruin you if you continuously take from the money you're supposed to put into work.

On the other hand, investing as I said before, is good for creating passive income ventures, as it allows you to continuously accumulate wealth without having to sign up for more work. But the premise is that you can't use that money for emergencies or whatever, since it's money that is supposed to be put at stake for future financial growth purposes. You cannot just withdraw money out of your investment wallet/since that's going to cause you a lot of trouble as I said earlier.

Which goes back to my argument of always having both if you have the capacity. it's better to be prepared for the unexpected and the foreseeable future, so why choose between the two when you can get the best of both worlds?

[Lantind]

People do mistake saving and investment, this two are different although people who save money using the fiat currency can still be perfect in term of investing like bitcoin, gold, land etc. From my perspective saving has nothing to do with profit, people have their different way of thinking so I can't just force someone to start an investment for future purpose but an educated person oughto know the benefit involved when it comes to investment. Secondly don't just invest but choose wisely, know the right investment choice cause I have seen several people who went for the wrong choice and ended with no profit. I still think people who went for saving are ignorant and need such advice on different investment choice but not forcefully.

It is true that by saving we will not be able to make a profit from the savings we have, but some people who choose to save of course have goals that will be achieved immediately, such as someone who saves their money when they want to buy an item and when they have enough. money, they will be able to buy it with the savings they have prepared and we also need to have savings for unexpected financial needs so that we don't have difficulty finding these needs when we need them.

Yes, of course we have to choose a type of investment that we really understand in order to be able to carry out the investment well in order to prepare for our future, because when someone forces an investment that they don't understand well of course they will have difficulty getting it. the profits and even the losses they will get.

[Hamza2424]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Both are important savings and Investing if you are just thinking that we should not do savings then it can be the wrong decision of yours now you may wonder on what basis I am saying this well listen buddy savings are important because it can help us in emergency time to overcome some sudden problem and let's say you are just focusing on investing your amount at all rather than saving some only it can be bad in two ways; how? you have invested your all amount at once and now you need some emergency funds you have to fetch your amount back from the investment and as a result, you will never reach your goals. Secondly, You can lose your invested amount as well if luck does not stand with you.

So, in my opinion, we should divide our amount into three parts one for our needs, second for savings, and this for investments In this way we can manage our funds easily. Now in some cases one does not get a big amount at the end of the week/month he/she can prepare some funds giving it some time in the form of savings then he/she can invest some of the amount out of savings for investment purposes. In this way, the management of funds can be easy. What do you say? DYOR!

[Adbitco]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Both are important savings and Investing if you are just thinking that we should not do savings then it can be the wrong decision of yours now you may wonder on what basis I am saying this well listen buddy savings are important because it can help us in emergency time to overcome some sudden problem and let's say you are just focusing on investing your amount at all rather than saving some only it can be bad in two ways; how? you have invested your all amount at once and now you need some emergency funds you have to fetch your amount back from the investment and as a result, you will never reach your goals. Secondly, You can lose your invested amount as well if luck does not stand with you.

So, in my opinion, we should divide our amount into three parts one for our needs, second for savings, and this for investments In this way we can manage our funds easily. Now in some cases one does not get a big amount at the end of the week/month he/she can prepare some funds giving it some time in the form of savings then he/she can invest some of the amount out of savings for investment purposes. In this way, the management of funds can be easy. What do you say? DYOR!

Usually when I talks about investment doesn't mean we shouldn't have an emergency fund at least before one venture into investment he should have savings in form of cushion or a reserved amount that is kept beneath for any emergency purposes otherwise not all monthly salary should be keep as savings rather allocate some percentage to the investment. Just as you already have said, when monthly salaries comes you should be capable enough to keep make out savings and investment and this savings doesn't mean you keep huge amount of money somewhere waiting for emergency to come before using those money. If you sense that keep that money without putting in a better place to yield for you then there is no need to have all your money into an account and be expecting for an emergency to come up before using those money so as investor you should know the amount that can serve you for the period of one month while the rest should into investment.

[Z_MBFM]

Saving and investment both are needed. Saving doesn't make you money but investment can but saying so, you should never underestimate the importance of saving.
Even if you are extra cautious, investment won't always be on your side. All of our modern economic concept are based on increasing demand be it for iphone or cars or crypto and stocks but we are nearing a spot where there's no more population growth on developed nations. It means our investment are getting riskier than ever. And saving are at least not lost unless there's hyperinflation.

Yes both is important for us. Money can be profited through investment and saved from inflection, but where there is profit, there will also be loss. loss must be accepted in the case of investment. But savings will be safe. Savings will require a separate source of income from which to make savings. But investment will be a source of income in this case there will be no problem even if there is no other source of income. that is different between savings and investment

[justdimin]

there is a big possibility that if we only have or do one of these two things it might be disrupted, but in my opinion it depends on us ourselves. Because if our finances are stable and if we only have savings, this possibility will not be disturbed even if we just save. I have a friend whose finances are very stable, he doesn't make investments but he saves in many banks, where he chooses which bank to save and not to disturb his funds, and saves for financial funds that can be withdrawn at any time as long as we need them, in my opinion this is depending on our own finances and the way we manage our finances.

It would be a shame if the investment made had to be sold at the wrong time. Of course we want the best, including profits, which are the most profitable point, but if we sell it at the wrong time, of course it is not a desire but a compelling situation, so we have to do it even though the profit is not much or even at a loss. Therefore, before making an investment, in my opinion, we must have a reserve fund or emergency fund or other savings to deal with unexpected things, don't let the investment made be disrupted at the wrong time.

Sometimes life pushes you to sell before you want to, normally the mindset "do not invest the money you can't lose" is true, but sometimes you can't calculate which money is the one you can or can't lose. Yes it is true that I am not investing 100% of my salary, probably just 10% in normal cases, and lets assume that I collected 3X worth my salary in bitcoin, and I do not need it so it is a great investment right?

What if I get sick and I have to pay my medical bills with it? In that case, how could I know it before it happens? Should I have both bitcoin investment AND rainy day investment as well? All in all, sometimes things are not as good as we hope it would, life sometimes hurts you just as you are down, and I am in one of those days unfortunately, been like that for over a year I think.

[dunfida]

there is a big possibility that if we only have or do one of these two things it might be disrupted, but in my opinion it depends on us ourselves. Because if our finances are stable and if we only have savings, this possibility will not be disturbed even if we just save. I have a friend whose finances are very stable, he doesn't make investments but he saves in many banks, where he chooses which bank to save and not to disturb his funds, and saves for financial funds that can be withdrawn at any time as long as we need them, in my opinion this is depending on our own finances and the way we manage our finances.

It would be a shame if the investment made had to be sold at the wrong time. Of course we want the best, including profits, which are the most profitable point, but if we sell it at the wrong time, of course it is not a desire but a compelling situation, so we have to do it even though the profit is not much or even at a loss. Therefore, before making an investment, in my opinion, we must have a reserve fund or emergency fund or other savings to deal with unexpected things, don't let the investment made be disrupted at the wrong time.

Sometimes life pushes you to sell before you want to, normally the mindset "do not invest the money you can't lose" is true, but sometimes you can't calculate which money is the one you can or can't lose. Yes it is true that I am not investing 100% of my salary, probably just 10% in normal cases, and lets assume that I collected 3X worth my salary in bitcoin, and I do not need it so it is a great investment right?

What if I get sick and I have to pay my medical bills with it? In that case, how could I know it before it happens? Should I have both bitcoin investment AND rainy day investment as well? All in all, sometimes things are not as good as we hope it would, life sometimes hurts you just as you are down, and I am in one of those days unfortunately, been like that for over a year I think.

There are really situations in life on which leads up you on having no choice but to spend up some part of those salaries on which you are intending to save it up or make investment on which it is really that giving
that kind of disappointment on some condition but we do know that not everytime we would really be on such situation. Never ever make yourself that missed out on having no savings because not all moments or situations in life on which we are really just that find when it comes to finances. We dont really know what comes next in life on which it would really be that resulting into that kind of shock if you do find out that
you dont have savings or money that you could make use on.

On the time that you have seen such shortage then you would really be definitely making up some consideration on adding it up since it was not enough or short. Wise people would
really be able to see investment or business the way or method on making savings a little bit more bigger and faster but of course its never been easy and simple.

[Tigerheart3026]

saving and investment both have importance in a people life, because if you invested all of your money then if suddenly you need to money when you will suffer,
so saving is also very important, and it will be very helpful when you will face trouble. i am investing 60% and rest of the money for saving, although saving is loses because of inflation.

[Jody.Drummer]

saving and investment both have importance in a people life, because if you invested all of your money then if suddenly you need to money when you will suffer,
so saving is also very important, and it will be very helpful when you will face trouble. i am investing 60% and rest of the money for saving, although saving is loses because of inflation.

I agree with you, indeed these two things have their own importance. I think saving is a necessity for all of us, because parents must teach their children to save from an early age because that is one way to manage finances well, and saving is not a bad thing, especially when we have the desire to own an item or asset. or something else, of course we have to save to be able to have it, save from the income we earn, also when we don't have income or don't work, there are people who force us to save and I think that's good.

Investment is also a good thing, because it has the potential to generate profits within a certain period of time. It's just that not everyone can do it because to make an investment we must have sufficient knowledge and skills in carrying it out. It is impossible to invest without good knowledge because if you do that you will most likely just lose money. and before investing we also have to think about other things such as preparing savings that are needed occasionally, it is true that what you said is impossible for us to invest all the money we have, because when we suddenly need money it might be a problem.

[Sorryfor]

Between saving and investing I would personally choose investing. In the case of saving money, after a long period inflation occurs in the country and through this money brings its own losses. On the other hand if invested it has the potential to get a huge profit along with its principal after a long period of time. But to invest you must invest in the right place and at the right time. Apart from this you have to test your diligence and patience here.  As a result, you can get substantial profit from here at the end of the day. This is the case with material investments. On the other hand, investing in cryptocurrencies, such as Bitcoin, if you do it now, is most assured that you can make a huge profit without your hard work just by investing and holding it. So in this case it will be easier and more fruitful to invest in crypto currency knowingly and taking the right decision.

[Altryist]

saving and investment both have importance in a people life, because if you invested all of your money then if suddenly you need to money when you will suffer,
so saving is also very important, and it will be very helpful when you will face trouble. i am investing 60% and rest of the money for saving, although saving is loses because of inflation.

Saving should also be comfortable, for this you don't need to deny yourself everything in order to save. And an even bigger mistake is when you think that you have found an excellent investment and you need to invest all your savings in it, even if it seems to you that this is the best investment in the world, then you should invest no more than a third of your funds in it. Investments can be unprofitable, and if you divide them into different assets, it will make your portfolio more reliable. Saving is important, but it's also important to increase your earnings so that you don't end up in a situation where you have to pay back the money you invested, because you have nothing left to live on.

[Moreno233]

saving and investment both have importance in a people life, because if you invested all of your money then if suddenly you need to money when you will suffer,
so saving is also very important, and it will be very helpful when you will face trouble. i am investing 60% and rest of the money for saving, although saving is loses because of inflation.

What I understand as saving is actually investment. I do not understand why some people have separated them and try to make them totally different. If I have some money now, I can decided to invest it in Bitcoin as a way of saving it for the future and before doing this, I will keep the money meant for my basic needs and money kept aside for emergencies in fiat, then the rest goes into Bitcoin. If it is real estate, another area of investment I like, I will still do the same. As of now, all my money are in Bitcoin and real real estate and until I find out another reliable investment opportunity, I do not plan to change this for now. Both of these instruments are my ways of saving for the future. I do not really see keeping fiat in the bank as saving, that pattern is obsolete because the fiat will be destroyed by inflation.

[BABY SHOES]

If you want to be very rich then of course you have to choose the investment route because no matter how saving it will not make anyone rich, it will actually be drained by inflation and the fiat value will get lower, maybe the nominal value will remain the same but the buying and selling power of goods will increase in price because of this. influence of inflation.

A teacher or lecturer who becomes rich will certainly not rely on their salary behind the business they run or new investments. They can become rich because they can increase their wealth from investments, whereas if you rely on saving from your retirement money it will be drained away.

I once heard a saying in an article about saving and investing.
Saving can make yourself safe because you hold fiat but you will not be rich.
Meanwhile, with your investment there may be risks, but behind that you will definitely get big profits that will make you rich.

That's what I understand in the saying.

[freedomgo]

Saving and investment both are needed. Saving doesn't make you money but investment can but saying so, you should never underestimate the importance of saving.
Even if you are extra cautious, investment won't always be on your side. All of our modern economic concept are based on increasing demand be it for iphone or cars or crypto and stocks but we are nearing a spot where there's no more population growth on developed nations. It means our investment are getting riskier than ever. And saving are at least not lost unless there's hyperinflation.

You've said it all. Even while investing,  we still need to have savings to meet up with emergency situations.  It is never adviceable to invest everything you have, what else do we fall back to in times of emergencies? Savings can also be necessary when we have a project at hand that needs to be completed, every little drop of money leads to a significant achievement. While we advise people to invest for the sake of the future, we should not neglect the power of savings because many investments wouldn't be viable without the power of savings. This two compliment  each other therefore,  none should be neglected as they are both important. Save for the rainy day and invest to get more returns.

Exactly. One who never gets to save might not be capable to invest as well. So always save first and when you’ve gained sufficient funds to build up as your capital, then take some risk and invest. However, all investments take risks so you should be cautious and always study your investment first before finally putting your funds into it. At least you’ll gain higher probability to succeed.

On the other hand, you should also continue saving while investing. Not all investments will be successful and will work based on your plan, so save so you can have some back ups in case investments are not meant for you.

[Essential10]

A person has to struggle to save some amount of money to meet all the monthly expenses. With this accumulated money, you plan to meet the additional needs of your daily life or secure the future of your family. So if you have some money left over after calculating your monthly expenses, that money should be used wisely. If you think you will need the money in the next few years, you can save your money in an account that gives you high returns. But if that doesn't satisfy you then you can invest your money in a trusted source like Bitcoin and you can expect to more than double your money in the future.

[Orekelewa Ade]

Saving without investing it is a total waste of time because the money wouldn’t grow except u keep adding to the save but if you invest the savings it would yield more despite the facts that there are risks but I prefer investing than just letting the saving be
You might just wake one day and still deep into the savings as time goes on before you know it, it’s gone but investing yields more interest

[Kliss]

What do you think?

Savings are typically money set aside for short term  goals or emergencies. Investment involves putting your money into assets or ventures which the expectation of generating a return or profits over the period of time it's like planting seeds to grow a tree that will bear fruits in the future. I do believe in investment and I think is of making profit and increasing your income and earning and after making profit from investing money can be set a aside to be saved for other purposes. Just savings will not grow the money but Investing that savings can grow your money and double it.

[Zanab247]

Saving without investing it is a total waste of time because the money wouldn’t grow except u keep adding to the save but if you invest the savings it would yield more despite the facts that there are risks but I prefer investing than just letting the saving be
You might just wake one day and still deep into the savings as time goes on before you know it, it’s gone but investing yields more interest

Saving money without investing them on a project, it will not multiple your profits which is the reason why you see some people in the environment who was very rich before but they are no longer rich again because, they didn't invest the money on a project that made them to spend all the money for other things.

There is no way you will not spend the money to buy things that will be making people to know that you are living a good life but when the money finished, it is then you will regret for not investing the money on BTC or crypto investment which is the easiest way people use to increase their wealth.

[milewilda]

Saving without investing it is a total waste of time because the money wouldn’t grow except u keep adding to the save but if you invest the savings it would yield more despite the facts that there are risks but I prefer investing than just letting the saving be
You might just wake one day and still deep into the savings as time goes on before you know it, it’s gone but investing yields more interest

Saving money without investing them on a project, it will not multiple your profits which is the reason why you see some people in the environment who was very rich before but they are no longer rich again because, they didn't invest the money on a project that made them to spend all the money for other things.

There is no way you will not spend the money to buy things that will be making people to know that you are living a good life but when the money finished, it is then you will regret for not investing the money on BTC or crypto investment which is the easiest way people use to increase their wealth.

Not all would really be having the proper knowledge and skills and this is why they wont really be risking out on having that kind of step on trying to dive on investment or business just because you do really need up
to have one because it was advises or recommended. Everything would really be that depending on how you would really be having that kind of approach and its better not to make yourself that getting forced
on doing so so that you wont really be having those kind of rushing up yourself on which this is really that prone to tons of mistakes and errors on which this is something that you must avoid.

Savings isnt really that bad or something that would really be that crucial too because we do have that unpredictable times when it comes to those emergencies on which we know that this is something that really
needed to have funds on something like this. If you dont have then you would really be finding yourself on such big trouble and this is something that you do make yourself that consider
on having but we know that there are ones who are really that risks takers who would really be doing such step too.

[yohananaomi]

Saving and investment both are needed. Saving doesn't make you money but investment can but saying so, you should never underestimate the importance of saving.
Even if you are extra cautious, investment won't always be on your side. All of our modern economic concept are based on increasing demand be it for iphone or cars or crypto and stocks but we are nearing a spot where there's no more population growth on developed nations. It means our investment are getting riskier than ever. And saving are at least not lost unless there's hyperinflation.

Yes both is important for us. Money can be profited through investment and saved from inflection, but where there is profit, there will also be loss. loss must be accepted in the case of investment. But savings will be safe. Savings will require a separate source of income from which to make savings. But investment will be a source of income in this case there will be no problem even if there is no other source of income. that is different between savings and investment

Really agree that both are very important and can complement each other with something that might happen. With investment, it is true that you will be able to make a profit, and you may experience a loss, so when something undesirable happens, savings is the solution to solve that problem.
Saving clearly means setting aside a portion of what you earn to save, while investing means taking a portion of your savings to make an investment. In fact, the two are different but have one goal and need each other.

[tottong]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

Almost everyone at primary and secondary school still considers savings to be one of the best things because our parents taught us to save.
But as we enter adulthood, we experience changes where every time we save, it never provides more benefits than the savings we have. Instead, we are more likely to try to look for opportunities in investment to increase income.
People's affiliations may be different because they may see business as a means to achieve wealth and some may be familiar with the term investment in increasing profits from the capital they have.

What do you think?

Both savings and investment have their own level of importance, but if we want to reach the stage of wealth we must be brave enough to take the risk of investing because in this way we can get more profit from the amount of money we have.

[SOKO-DEKE]

For my observations, I view it as follows, many people trying to save money for future purposes in the bank find it difficult to discover the good investment opportunities that will add profits; if many should have found the opportunity, they will utilise the opportunity. In fact, how much are teachers earning per month in some countries so they can save a certain amount of money to invest? That will not stress them much if there is no Bitcoin, and many people are not aware of Bitcoin like that, and some people may be aware that many of their countries did not legalise Bitcoin, so apart from cryptocurrency, I don't think there are other investments that only require a certain amount of money to start with. 

[ChiBitCTy]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

This is short sided and not necessarily true.  It all depends on the rate of inflation. "Saving" money can also mean several different things.  Right now here in the United States you can find savings accounts paying around 4-5%.  If inflation is say , 3%, then technically you aren't losing anything.  There are some sort term CDs that beat the rate of inflation currently.  Again, savings can mean a lot of different things.

[red4slash]

Usually when I talks about investment doesn't mean we shouldn't have an emergency fund at least before one venture into investment he should have savings in form of cushion or a reserved amount that is kept beneath for any emergency purposes otherwise not all monthly salary should be keep as savings rather allocate some percentage to the investment. Just as you already have said, when monthly salaries comes you should be capable enough to keep make out savings and investment and this savings doesn't mean you keep huge amount of money somewhere waiting for emergency to come before using those money. If you sense that keep that money without putting in a better place to yield for you then there is no need to have all your money into an account and be expecting for an emergency to come up before using those money so as investor you should know the amount that can serve you for the period of one month while the rest should into investment.

Agreed, it doesnt mean that when only focusing on the investment that is done we do not need anything for daily life and it would be very silly if we do not have any emergency fund because the future cannot be predicted and we will not know what will happen in the future so the emergency fund is still very important regardless of whether it will be used or not I think it does not matter but it must still exist.

We must realise that investment is not limited to just saving and taking it when we need something without seeing the advantages or disadvantages that we have because the concept is not like that. This requires a longer period of time so we must be able to manage and balance our needs in everyday life, investments and emergency funds that must be owned.

Dont just have an investment then we forget this because even though emergency funds are sometimes considered trivial but in some conditions it is a very important thing and must exist.

[leonair]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

This is short sided and not necessarily true.  It all depends on the rate of inflation. "Saving" money can also mean several different things.  Right now here in the United States you can find savings accounts paying around 4-5%.  If inflation is say , 3%, then technically you aren't losing anything.  There are some sort term CDs that beat the rate of inflation currently.  Again, savings can mean a lot of different things.

Yes if a country has a low inflation rate and a good amount of interest is available from the bank then saving is not bad. Because he will get a good profit in addition to the value of his money. But saving in a country where bank APR rate is low and inflation rate is high is unwise. Investment is somewhat risky but in any case it is good investment because it holds the value of the money and brings a lot of returns. Which savings can never do. So one should consider the situation of each place and then decide who should make savings and who should investment

[Mate2237]

Now what I discovered is even in bitcoin we can save. As I said it in one of the topic just now. When someone buy bitcoin in the time of the dip and when bitcoin rise to the All Time High and you are still hodling then it is no longer investment again then it is called saving. Probably you are saving for your children I. The future and even if bitcoin price comes down, you don't bother and even if it goes up you don't bother. And all you wants to see the peak of bitcoin. In the normal sense of investment. You buy the coin when the price is very low and keep it in your custody and when the price rise to your satisfaction then you sell them out and rebuy it again when the price is low.

Though I understand your point of argument but I was trying to make you to understand that even in bitcoin you can save. Then coming back to the topic at hand. Those who saving in the fiat currencies have not really understand the cryptocurrency investment. And investment is much more better than savings. It is only in some Banks that you can get small changes in your savings but in investment it is purely for business.

[arimamib]

~

Agreed, it doesnt mean that when only focusing on the investment that is done we do not need anything for daily life and it would be very silly if we do not have any emergency fund because the future cannot be predicted and we will not know what will happen in the future so the emergency fund is still very important regardless of whether it will be used or not I think it does not matter but it must still exist.

We must realise that investment is not limited to just saving and taking it when we need something without seeing the advantages or disadvantages that we have because the concept is not like that. This requires a longer period of time so we must be able to manage and balance our needs in everyday life, investments and emergency funds that must be owned.

Dont just have an investment then we forget this because even though emergency funds are sometimes considered trivial but in some conditions it is a very important thing and must exist.

Saving is just a must for financial security, it's a fundamental pillar of personal finance. It offers stability and peace of mind. Investment can't be done with the saving, because it has risk that can harm the financial security. Investment can offer higher returns that have the potential to outpace inflation and preserve or even grow the value of money over time. Investments can provide avenues for diversification, potentially spreading risk across different assets or markets.

The decision between saving and investing should be based on the financial goals, risk tolerance, and the prevailing economic conditions. Making the decision needs to assess the inflation rate, interest rates, and investment opportunities in each specific context to make informed decisions that align with the financial objectives.

[GideonGono]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I've seen how price of food or necessities go higher so for me saving for a long period of time is a waste of both time and money.
It would be better to invest it rather than keeping it on fiat, if they plan on holding fiat the amount would always be the same while the value could decrease due to inflation.
But if they would invest it the amount value of their asset could grow over time which could give them a huge profit, of course it would also depend on where they would invest it.

[red4slash]

Agreed, it doesnt mean that when only focusing on the investment that is done we do not need anything for daily life and it would be very silly if we do not have any emergency fund because the future cannot be predicted and we will not know what will happen in the future so the emergency fund is still very important regardless of whether it will be used or not I think it does not matter but it must still exist.

We must realise that investment is not limited to just saving and taking it when we need something without seeing the advantages or disadvantages that we have because the concept is not like that. This requires a longer period of time so we must be able to manage and balance our needs in everyday life, investments and emergency funds that must be owned.

Dont just have an investment then we forget this because even though emergency funds are sometimes considered trivial but in some conditions it is a very important thing and must exist.

Saving is just a must for financial security, it's a fundamental pillar of personal finance. It offers stability and peace of mind. Investment can't be done with the saving, because it has risk that can harm the financial security. Investment can offer higher returns that have the potential to outpace inflation and preserve or even grow the value of money over time. Investments can provide avenues for diversification, potentially spreading risk across different assets or markets.

The decision between saving and investing should be based on the financial goals, risk tolerance, and the prevailing economic conditions. Making the decision needs to assess the inflation rate, interest rates, and investment opportunities in each specific context to make informed decisions that align with the financial objectives.

I've a slightly different view on this, because in my opinion when you really want to save and invest , it is not a mistake and it can still be done, its just that you need to know that if you do this, you must be aware that by doing both, you must manage your finances well so that the income you have minus the expenses you want to do doesn't hinder the investment and savings that you project for the future .
Having an emergency fund in the end will make us a little more comfortable when something unwanted happens but on the other hand we can also still make investments for our future progress for the better so it isn't wrong if you really want to do both . Although surely this will be very difficult to do, it doesn't mean that this cant happen . If indeed we are not able to do both then focus on the one that you think is sure where you will stand but it also doesnt have to eliminate the emergency fund because it is an important thing that must still exist.

[lalabotax]

Saving is just a must for financial security, it's a fundamental pillar of personal finance. It offers stability and peace of mind. Investment can't be done with the saving, because it has risk that can harm the financial security. Investment can offer higher returns that have the potential to outpace inflation and preserve or even grow the value of money over time. Investments can provide avenues for diversification, potentially spreading risk across different assets or markets.

Indeed. Savings functions as reserved money, it will ensure to have the money for the urgent needs or emergency in the future. Sometimes people also have savings to fulfill certain goals in the future. So, savings is the way to provide money for the needs in the future. We can't supply the money suddenly, that's why we need to have savings to have it.

Sure, it is different with investment. When we have investment, it should have some risks. There are also investment that has high risk such as the investment in crypto coins. So, we can't ensure the reserved money in the future in this way. Although it offers high profits but it is worth with the risk that it possibly loses money.

The decision between saving and investing should be based on the financial goals, risk tolerance, and the prevailing economic conditions. Making the decision needs to assess the inflation rate, interest rates, and investment opportunities in each specific context to make informed decisions that align with the financial objectives.

Of course, we decide to have investment or savings based on our financial goals. Savings must be used to make us having the stability in investment. Meanwhile investment functions to let us having the chance to change our financial status. With investment, we have the chance to gain profits, it may make the financial status be better in the future if we succeed in the investment.

[dansus021]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

[Mame89]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

Correct. In the past, information and developments were as easy to obtain as they are now, many people thought that saving at the bank was the best. However, since modern times, technology has increasingly developed, both savings in banks and investments, both of which are very important for us to include in our financial planning.

Indeed, the goals of both are similar for future financial freedom, but many people confuse investing and saving. They think one of them could be an alternative to achieving financial freedom. However, the reality is that saving is clearly different from investing. Because savings are just money that can be used at any time during an emergency, while investment is not like that but is for the future because with investment we will get much bigger profits in the future, whereas with savings it doesn't give big profits, in fact what happens instead it loses value due to inflation.

So I myself believe in investing in bitcoin and gold more than saving even though investment still has a high risk. However, I believe that the higher the risk, the greater the benefits we can get to achieve financial freedom in the future.

[Baki202]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

People have gotten wiser and only a few people are still saving cash all they do is invest in crypto and most of our parents still prefer to save cash than have an asset online. and some of them have an idea about crypto but they don't seem to have an interest in investing All these online assets are mostly patronized by youth and with these qualities, you can both use them as an asset and as a means of payment. Since a lot of big businesses accept virtual currency as a means of payment, we just need more time before people will finally accept it.

people who are into stocks are doing very well for themselves. That is currently the trend of making money so if you are not doing either, it looks like you are old-school, and it seems the period for fiat is already going so it is losing value and in no time people will turn to virtual currency for backup. just as gold and dollars. Very soon, it will happen.

[bots1]

For me, both are good and indeed I do both. However, I am more inclined towards saving. So when I have money I always divide it into two, namely, 70% for savings and 30% for investment. One of the reasons I invested less money was just in case because I didn't know whether the investment would work or not. Even if it doesn't work, at least I still have savings and even if the investment is successful, I don't really care, even if the profits are small, the important thing is that the money is safe and done regularly.

[GiftedMAN]

What do you think?

This is the angle that I see savings and investment,  basically you don't just invest with nothing you invest with money right, now the amount to be invested must be gathered that's another way to save money before using it for investment so I think the amount of money to be used for any investment has been saved before been invested into something else. On the other hand, saving a good amount of money in the bank that adds no interest to you is totally a waste of time in my opinion this is because for someone with good investment plans, you can save some amount for back and then invest some certain amount to be multiplying your money.

Most times people are scared of investing their money because of lost of funds but I don't blame them because they may not have a good investment strategy in this case I think it is better to allow people to choose what they want to do with their money whether they want to invest with it to make more profit or they just want to save it where they won't have profit.

[BITDV]

Saving will not increasing our wealth, in fact saving just decrease our value(money) because of inflation. Investment can increase our money but thats not guarantee, it depend on your investment, investment also can get lose.

What i think is split my fund into two fund, one for investment and other one for saving, I give 40% for investment and 60% for saving.

However in investment we should make good decission to avoid lose

[OrangeII]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

Yes, I also prefer to invest rather than save the money. Investing has many benefits compared to saving. such as being able to increase the income we have, or being able to increase the value of the investment itself. However, this will have a positive impact. Starting from increasing the capabilities we have, to increasing assets. Although both are important, I also tend to invest more.

[taufik123]

Yes, I also prefer to invest rather than save the money. Investing has many benefits compared to saving. such as being able to increase the income we have, or being able to increase the value of the investment itself. However, this will have a positive impact. Starting from increasing the capabilities we have, to increasing assets. Although both are important, I also tend to invest more.

Seeing how passionate you are to invest, you should also be aware that this type of investment is quite a lot.
If we talk in this forum, of course the type of crypto investment will be an option.

But do you know what are the risks and benefits, because crypto investment cannot only be done without basic knowledge.
You need to know how to choose a good coin for long-term investment, so that you will have a fairly good increase in the value of the asset.

Management is needed to support a good investment so that there will be no decrease in value in your asset ownership.

[Fakhrulenclix]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

Yes, I also prefer to invest rather than save the money. Investing has many benefits compared to saving. such as being able to increase the income we have, or being able to increase the value of the investment itself. However, this will have a positive impact. Starting from increasing the capabilities we have, to increasing assets. Although both are important, I also tend to invest more.

Don't forget about the risks, there is a difference between saving and investing, saving will not involve any risk but there is no possibility whatsoever, it is also different from investment which has risks but has the possibility of profit.

Of course, if we already have insight and knowledge, it is better to invest because we will get a lot of benefits in the future, the first is the increase in money profits due to investing and the second is increasing knowledge and knowledge about investment which is very useful for the long term.

[TheUltraElite]

However in investment we should make good decission to avoid lose

Investments will incur losses, without that it is never an investment at all.

Of course the point of savings is to provide funds in case of emergency. You might be able to milk that Bank's fixed deposit rate but it will not lead to huge returns. On the contrary investment carry a higher risk:reward ratio and they might be able to give you higher profits depending on the type of asset.

Hence we need both of these to be able to sustain a proper future.

[BABY SHOES]

However in investment we should make good decission to avoid lose

Investments will incur losses, without that it is never an investment at all.

Of course the point of savings is to provide funds in case of emergency. You might be able to milk that Bank's fixed deposit rate but it will not lead to huge returns. On the contrary investment carry a higher risk:reward ratio and they might be able to give you higher profits depending on the type of asset.

Hence we need both of these to be able to sustain a proper future.

Without investment there will be no progress towards becoming rich, but doing the courage to take risks then there is no change at all.

Yahh that's right we can't fully invest all the money we have to maintain a balance so that it's all what is needed, with an emergency fund you will not cross out the ongoing investment so when there is no emergency fund investment funds will be withdrawn to make needs even though it is not on target.

With investment we are free to choose with high / low risk but with high risk they will be faster to get rich but it's not a matter of easy or not it depends on how you do it because it requires skills that are mastered.

[indah rezqi]

Without investment there will be no progress towards becoming rich, but doing the courage to take risks then there is no change at all.

Yahh that's right we can't fully invest all the money we have to maintain a balance so that it's all what is needed, with an emergency fund you will not cross out the ongoing investment so when there is no emergency fund investment funds will be withdrawn to make needs even though it is not on target.

With investment we are free to choose with high / low risk but with high risk they will be faster to get rich but it's not a matter of easy or not it depends on how you do it because it requires skills that are mastered.

The best and fastest way to achieve financial freedom is to invest. Talking about risk, of course we realize that there is no activity without risk. Courage in taking risks lies in mature calculations, the more someone understands about the form of investment being made, the more courageous they are to take risks. That's right, we also have to make good calculations by dividing the amount of money we want to invest, lest along the way we have to change our decision again because of one thing or another.

Personally, I see that everyone who has a fixed income can invest in the long term, by dividing their income into several parts. Every month we can increase the value, in my opinion this is better than saving, where the money we have will not increase. On the other hand, with the convenience of today technological advances, we can easily access information to learn about investment types and models and the risks involved if you want to start it.

[dunfida]

Without investment there will be no progress towards becoming rich, but doing the courage to take risks then there is no change at all.

Yahh that's right we can't fully invest all the money we have to maintain a balance so that it's all what is needed, with an emergency fund you will not cross out the ongoing investment so when there is no emergency fund investment funds will be withdrawn to make needs even though it is not on target.

With investment we are free to choose with high / low risk but with high risk they will be faster to get rich but it's not a matter of easy or not it depends on how you do it because it requires skills that are mastered.

The best and fastest way to achieve financial freedom is to invest. Talking about risk, of course we realize that there is no activity without risk. Courage in taking risks lies in mature calculations, the more someone understands about the form of investment being made, the more courageous they are to take risks. That's right, we also have to make good calculations by dividing the amount of money we want to invest, lest along the way we have to change our decision again because of one thing or another.

Personally, I see that everyone who has a fixed income can invest in the long term, by dividing their income into several parts. Every month we can increase the value, in my opinion this is better than saving, where the money we have will not increase. On the other hand, with the convenience of today technological advances, we can easily access information to learn about investment types and models and the risks involved if you want to start it.

No one becomes rich on working 8-5 job and this is in fact the reality and this is why to those people who are really that having plans on having that a life on which it would be something progressive then they would really be tending up to be that taking that investing and building up a business kind of venture on which this would really be something that could give out that kind of probability on which this is something that you would really be needing up to consider if you do have plans on making yourself having that progress in life. Of course we shouldnt be forgetting about on having savings because these are funds on which it is really that something
that have its purpose. It is really just that there would really be those people who would really be having that kind of risk taking and this is why they would really be having those chances or having a shot
on getting those potential profits which could cause their living to be more than on what they do have in the past.

[Cookdata]

saving and investment both have importance in a people life, because if you invested all of your money then if suddenly you need to money when you will suffer,
so saving is also very important, and it will be very helpful when you will face trouble. i am investing 60% and rest of the money for saving, although saving is loses because of inflation.

Why do you have to invest when you don't have money to take care of yourself. To invest is to stay healthy and to stay healthy you must have enough to look after yourself. You can't invest when you don't have basic things, you might not have all what it takes to live life but you must have atleast the basic things to survive otherwise you will sell your investment without looking back.

If you are making an investment, you should have a little that you can use to survive or better still get a job to take care of bills because investment don't grow over night, it takes time depending on the type of investment you have made. You can also save for rainy days if must but don't touch your investment.

[macson]

[]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

smart people will definitely invest their money in things that have the potential to provide long-term profits for them, instead of saving their money in the bank and waiting for it to be affected by inflation.

my uncle is really enjoying his life at the moment, he has managed to be financially free because of the results of the investments he made, he has even gone on holiday to various european countries to just enjoy life in his old age, he is a real example that i can see of the great benefits of investing for the long term future, i will definitely imitate his path because i really want to be like him, where i can enjoy life in old age without having to worry about what i should eat today or tomorrow.

[JoyMarsha]

What do you think?

My thought on this is that during the olden days what was invoked in people's minds was how to learn how to work and save money for taking care of their family and paying their bills that will come up in the present and the future.

The awareness or reasons for investing in the future weren't spread and known as it is now. The government and the banks were advising people to invest their money to have it secure without letting them know about the inflation that affects their money in the future.

It will not be as easy for most of our elderly parents or uncles who have leaned through all their lives on saving to invest. It is we who are beginning to get the right information about the importance of investment are the ones seeing the reason why people should invest for the future rather than saving, which brings no future gains.

[junder]

smart people will definitely invest their money in things that have the potential to provide long-term profits for them, instead of saving their money in the bank and waiting for it to be affected by inflation.

my uncle is really enjoying his life at the moment, he has managed to be financially free because of the results of the investments he made, he has even gone on holiday to various european countries to just enjoy life in his old age, he is a real example that i can see of the great benefits of investing for the long term future, i will definitely imitate his path because i really want to be like him, where i can enjoy life in old age without having to worry about what i should eat today or tomorrow.

Everyone of course wants financial freedom, including having profits that can be obtained in the future. and indeed, if people think about their future, they will definitely do what is best for themselves in the future, such as working hard to be able to have a lot of money and investing it so that it can be profitable in the future. It's just that not everyone can invest, because investing of course requires special skills, including knowledge that must be possessed properly regarding the aspects that bind investment, because profitable investments are long-term investments, but if investments are made without knowledge then I think it will all be in vain.

Even those who have a lot of money may not necessarily be able to invest if they don't have good knowledge about investing, but the good thing is that you can learn this if you really want to invest. For those of you who want to imitate your uncle, of course you also have to take the knowledge he has, because to get profits in the future by investing you have to do it as well as possible.

[Bobrox]

I hold or save around 10% of my assets in the bank and more than 90% put as investment assets in cryptocurrency, property and stock investment, I don't believe with saving will more profitable for the future behind how much money save in the bank without get return or profitable yet and have to face inflation of fiat year by year.
I know with all people future with financial freedom and has much saving money, but its not worth yet when save our money in the bank or other place without increasing yet and dropping values in the future by inflation moment.
Honestly to be financial freedom by having many investment assets and we are sleeping profitable come to us and difference when saving money in the bank without increasing yet although how many years save it.

[red4slash]

Even those who have a lot of money may not necessarily be able to invest if they don't have good knowledge about investing, but the good thing is that you can learn this if you really want to invest. For those of you who want to imitate your uncle, of course you also have to take the knowledge he has, because to get profits in the future by investing you have to do it as well as possible.

For this actually depends on the mindset because when those who have a lot of money sometimes have different thoughts compared to those who do not have it so when someone who still has conservative and old-fashioned thinking then no matter how much money they will have they will not be in investment. Not because they don't know but they don't want to because they prefer to keep their money in the bank which keeps the cycle the same because the assumption is that it is the most possible thing to make their assets safe.
But on the other hand there are also those who think better when they try to accept and follow the pace of the times where indeed investment is important but do not want to do anything related to risks that make their investment safer and more comfortable such as being in gold because it is indeed the most comfortable investment.
Regardless of anything when talking about investment it actually depends on the mindset no matter rich or poor all have the opportunity depending on how they determine according to their own perception.

[dansus021]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

Correct. In the past, information and developments were as easy to obtain as they are now, many people thought that saving at the bank was the best. However, since modern times, technology has increasingly developed, both savings in banks and investments, both of which are very important for us to include in our financial planning.

Indeed, the goals of both are similar for future financial freedom, but many people confuse investing and saving. They think one of them could be an alternative to achieving financial freedom. However, the reality is that saving is clearly different from investing. Because savings are just money that can be used at any time during an emergency, while investment is not like that but is for the future because with investment we will get much bigger profits in the future, whereas with savings it doesn't give big profits, in fact what happens instead it loses value due to inflation.

So I myself believe in investing in bitcoin and gold more than saving even though investment still has a high risk. However, I believe that the higher the risk, the greater the benefits we can get to achieve financial freedom in the future.

Because savings are just money that can be used at any time during an emergency this is what I am talking about bro and you got it right. So I myself believe in investing in bitcoin and gold more than saving even though investment still has a high risk. and this is very true since all investment is involving with a risk some people accept low risk but people like me and you accept more high risk approach. But keeping in cash also had it risk and that is de-valuation from time to time.

People have gotten wiser and only a few people are still saving cash all they do is invest in crypto and most of our parents still prefer to save cash than have an asset online.

Yeah you are right people are getting wiser nowadays, "Jumlah investor pasar modal Indonesia pada 20 Desember 2023 mengalami pertumbuhan 17,6% menjadi 12,1 juta. Pertumbuhan ini didorong oleh antusiasme investor muda yang terus meningkat" that is headline here in Indonesia meaning that more and more young people involved with Investing today and it grew Year on Year by 17%

I also prefer to invest rather than save the money. Investing has many benefits compared to saving. such as being able to increase the income we have, or being able to increase the value of the investment itself. However, this will have a positive impact. Starting from increasing the capabilities we have, to increasing assets. Although both are important, I also tend to invest more.

Yeah but we still need a liquid cash hahaha, but yeah Investment is important in our way of life

[bettercrypto]

What do you think?

My thought on this is that during the olden days what was invoked in people's minds was how to learn how to work and save money for taking care of their family and paying their bills that will come up in the present and the future.

The awareness or reasons for investing in the future weren't spread and known as it is now. The government and the banks were advising people to invest their money to have it secure without letting them know about the inflation that affects their money in the future.

It will not be as easy for most of our elderly parents or uncles who have leaned through all their lives on saving to invest. It is we who are beginning to get the right information about the importance of investment are the ones seeing the reason why people should invest for the future rather than saving, which brings no future gains.

They are equally important; actually, there are different people because, while making the savings, they are impatient to grow them while they are in the bank. So they are looking for another investment that they think can grow in a short period of time.

There are others who don't want to do the savings but are inclined to invest in investment schemes because they have experienced earning from a type of investment that made their capital grow immediately. At the same time, while they are making money from investments, they are also saving; in short, they are doing it at the same time.

[Dewi Aries]

Why do you have to invest when you don't have money to take care of yourself. To invest is to stay healthy and to stay healthy you must have enough to look after yourself. You can't invest when you don't have basic things, you might not have all what it takes to live life but you must have atleast the basic things to survive otherwise you will sell your investment without looking back.

If you are making an investment, you should have a little that you can use to survive or better still get a job to take care of bills because investment don't grow over night, it takes time depending on the type of investment you have made. You can also save for rainy days if must but don't touch your investment.

It's true that if we don't have sufficient finances then it's best not to force ourselves to invest, because in my opinion it's better to invest when our finances are stable. If we don't have good finances then we are not required to invest. Also, before making an investment, we have to be able to look at other things, what if something emergency happens, such as an accident or falls ill, of course to overcome this we have to have money to deal with it and if we don't have spare money, maybe what will happen is selling the investment. which has been done.

Indeed, profitable investments do not develop overnight. Of course, profitable investments are long-term and many people who invest are aiming for the future, not the present. Stable finances have a big role here, because it is not just to maintain the investments made, but to meet our needs and also the bad days that might occur.

[Vinaa77]

They are equally important; actually, there are different people because, while making the savings, they are impatient to grow them while they are in the bank. So they are looking for another investment that they think can grow in a short period of time.

There are others who don't want to do the savings but are inclined to invest in investment schemes because they have experienced earning from a type of investment that made their capital grow immediately. At the same time, while they are making money from investments, they are also saving; in short, they are doing it at the same time.

Of course, this will be very important for someone who is thinking about their future being better, because if someone doesn't have investments or savings then when they reach retirement age of course they have to still have work to do to be able to meet their needs. and I think every investment of course requires a process to develop well and no investment can grow in a short time.
Yes, it would be better if someone did these two things so that they can live their old age well, because if you can't have one of these two things then we have to try to be able to invest and also save.

[Hyphen(-)]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

Some of these teachers and lecturers know that investment is better than savings especially this inflation time; but they mostly don’t have options than to save the little earrings in form of pensions because the money doesn’t usually come ones, and most of them are not opportune to have access to the money until after their retirement , if not they could have used DCA method to invest some part of the money.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

People here are exposed and know the good benefits of privacy and financial freedom, that is why they venture into crypto investment. Investment can also refers to as savings depending on the angle you are looking at it because the money you already put into investment cannot be touched until the desire time reach. Both savings and investment are good and are all beneficial from both side, just that inflation always affect savings more than investment.

[junder]

Even those who have a lot of money may not necessarily be able to invest if they don't have good knowledge about investing, but the good thing is that you can learn this if you really want to invest. For those of you who want to imitate your uncle, of course you also have to take the knowledge he has, because to get profits in the future by investing you have to do it as well as possible.

For this actually depends on the mindset because when those who have a lot of money sometimes have different thoughts compared to those who do not have it so when someone who still has conservative and old-fashioned thinking then no matter how much money they will have they will not be in investment. Not because they don't know but they don't want to because they prefer to keep their money in the bank which keeps the cycle the same because the assumption is that it is the most possible thing to make their assets safe.
But on the other hand there are also those who think better when they try to accept and follow the pace of the times where indeed investment is important but do not want to do anything related to risks that make their investment safer and more comfortable such as being in gold because it is indeed the most comfortable investment.
Regardless of anything when talking about investment it actually depends on the mindset no matter rich or poor all have the opportunity depending on how they determine according to their own perception.

Yes, it is true that it depends on each person's mindset, because there are people who believe in investment and there are those who don't. Even if they have a lot of money, if they don't believe in investing then no investment will occur. What's more, investing requires skills and knowledge to help the investment run well, including making a profit. That's what is meant by everyone's thoughts being different, maybe they believe more in keeping their money in the bank even though it won't grow by itself.

People who don't invest doesn't mean they don't have a good mindset,  they definitely have their own reasons and it is each of us's right to believe or not in investing I myself have not been able to invest because my finances are not yet stable and because I am not yet interested in investing, but to save I definitely do, because I think everyone should save but not everyone has to invest.

[Bitco55]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

This is so true. I usually thought the main reason why a majority of these government workers weren't rich was cause they worked for other people. It's literally a spoken rule that people who worked for others are usually just well-to-do, not wealthy. But this issue of savings and investment really opened my eyes. If these monthly income was not only saved but also invested, it wouldn't take time for these people to actually make wealth. Besides, there are a lot of wealthy people now who started from working for other people.

Savings and investments are very important and shouldn't be neglected. Money saved can be spent tomorrow but money invested is for your future self.

[Nheer]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension.

Savings is also a very good way of minimizing waste of money and most workers you talk about prefer to save than invest because of the level of risk involved in investing. When saving there is really no risk involved as no profit is expected from saving money but when investing you take risk of running at loss as you are presented with the opportunity to make profits from the investment and so your investment could move either way. With this some workers are not really ready to take the risk of losing their money so they don’t end up losing part of their money or pension which they would have obviously budgeted for something else.

What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?

Investment is something that go either way making a person run at loss or at profit so with it’s uncertainty if those savings are turned into investments anything can actually happen, they could end in profit making the investor earn so much for himself and also there is every possible that they end up in loss. Both savings and investments have their own benefits and for such workers I don’t think they would be willing to go for investment because investment entails investing money you can afford to lose and no worker would be willing to lose their pension.

it could be it's better to have investment than savings.

I think regarding this you should rather speak for yourself because not everyone is willing to take the risk to invest and not everyone have the mindset to withstand the risk. Also we are humans and everyone will definitely have different preferences so some will tell you they prefer to go for savings than investments. I myself prefer investment to savings because i like taking risks and having fun and i kinda see savings like a boring thing.

[SickDayIn]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.
What do you think?

Typically a lot of the pension funds are investment based funds, and not just holding cash.

We will start to see the adoption of Bitcoin in pension funds soon due to Black Rock BTC ETFs etc.

[Negotiation]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.
What do you think?

Typically a lot of the pension funds are investment based funds, and not just holding cash.

We will start to see the adoption of Bitcoin in pension funds soon due to Black Rock BTC ETFs etc.

Everything depends on your affordability If you have more affordability then you invest some and keep some money in savings. But money management is very important. The better you are at money management, the better investment plans can work for you.

[btc78]

I hold or save around 10% of my assets in the bank

People are always emphasizing that we should not trust and use banks anymore however I think it is one of the safest place to store my fiat. You should still have some fiat on you always in case of emergencies.

You want to have something you can easily withdraw or retrieve even without the internet or something.

[erep]

I hold or save around 10% of my assets in the bank

People are always emphasizing that we should not trust and use banks anymore however I think it is one of the safest place to store my fiat. You should still have some fiat on you always in case of emergencies.

You want to have something you can easily withdraw or retrieve even without the internet or something.

Everyone has fiat assets in bank savings even though they don't trust banks completely, we can't possibly keep fiat in a drawer and carry cash every day, so choose a conventional bank from a government company and not a private company bank because it is feared that many cases of balance loss will be carried out by bank employees. , but they avoid providing information after the customer has suffered a loss.

So increase your vigilance if you keep a balance in a bank savings account, make sure you always record the last remaining balance in your account book.

[moneystery]

not everyone has good knowledge when investing, there are people who can easily choose a good investment instrument for them, but there are also those who have difficulty choosing it. and again, there are also people who don't want their money to decrease, since investing carries the risk that your money could decrease in value, because their goal is to save regularly, so they prefer to save compared to investing.

so there are several reasons people prefer to save compared to investing, because they think they are not suitable for investing. even though it could give them the potential to gain more profits.

[Jody.Drummer]

In this case we cannot ignore the fact that not everyone knows what investment is and not everyone knows how to invest properly and correctly or start investing, in fact there are always people who have a minimal range of knowledge who make it just know something more general like saving and this could be one of the reasons why some people, such as perhaps teachers, prefer to save.

I understand that this is a choice, but for some people they don't know what investment is and the benefits of investment itself, so they only have one choice, namely saving. And another thing is that even though, for example, an individual knows about the world of investment and its benefits, the fact is that there are always some of them who have a fairly high level of worry which makes them reluctant to get involved or put their money in an investment, they know there are opportunities for profits that can increase. the amount of money within a certain period of time but the possibility of risk is also always a consideration for those who have the possibility of delays or even making them disinterested.

[GbitG]

it could be it's better to have investment than savings.

I think regarding this you should rather speak for yourself because not everyone is willing to take the risk to invest and not everyone have the mindset to withstand the risk. Also we are humans and everyone will definitely have different preferences so some will tell you they prefer to go for savings than investments. I myself prefer investment to savings because i like taking risks and having fun and i kinda see savings like a boring thing.

Yep, indeed investment is far better than saving. But the point to be noted is that you should be aware of how much risk there is in it, That is, if you want to invest in Bitcoin, you should be fully aware that if you do not have risk management skills, then Your investment in Bitcoin is nothing but lose. Because Bitcoin has a highly unstable value, it can make your investment zero or even heroic.
 
So if your stance is on investment instead of saving, then you must first understand this golden quote "Invest those moneys that you can afford to lose" in which all factor analysis will automatically be discussed, that is, you should know all these things. It will happen, which can change the investment from a loss to a profit.
 
So it means that investing (Bitcoin) is a good thing, but you should first be aware of its cons, Like investing in Bitcoin, you should first have full knowledge of all the skills that an investor should know. It is necessary before investment. So then investment can be better for you than saving. Apart from this, investment can be in other things as well. It is everyone's own choice, some prefer less volatility and some like high volatility assets. Everyone has their own view on investment, but personally, i would go for bitcoin because i know all the things that can reduce the risk for me.
DYOR!

[Bravut]

it could be it's better to have investment than savings.

I think regarding this you should rather speak for yourself because not everyone is willing to take the risk to invest and not everyone have the mindset to withstand the risk. Also we are humans and everyone will definitely have different preferences so some will tell you they prefer to go for savings than investments. I myself prefer investment to savings because i like taking risks and having fun and i kinda see savings like a boring thing.

Yep, indeed investment is far better than saving. But the point to be noted is that you should be aware of how much risk there is in it, That is, if you want to invest in Bitcoin, you should be fully aware that if you do not have risk management skills, then Your investment in Bitcoin is nothing but lose. Because Bitcoin has a highly unstable value, it can make your investment zero or even heroic.
 
So if your stance is on investment instead of saving, then you must first understand this golden quote "Invest those moneys that you can afford to lose" in which all factor analysis will automatically be discussed, that is, you should know all these things. It will happen, which can change the investment from a loss to a profit.
 
So it means that investing (Bitcoin) is a good thing, but you should first be aware of its cons, Like investing in Bitcoin, you should first have full knowledge of all the skills that an investor should know. It is necessary before investment. So then investment can be better for you than saving. Apart from this, investment can be in other things as well. It is everyone's own choice, some prefer less volatility and some like high volatility assets. Everyone has their own view on investment, but personally, i would go for bitcoin because i know all the things that can reduce the risk for me.
DYOR!

Yep well said, you invest based on the knowledge you have about your area of Interest that you want to invest in, as t will be unwise  to risk your money without having any edge about that investment plan.
Before we think of investing one need to have a plan, investing within his means acknowledging the fact that there is an uncertainty.

Though some person prioritize saving in respect to investment, which I find very funny, am not saying you shouldn't save but saving won't yield any result as your money is lying without being productive. Investment makes your money work for you, saves the rainy day. While some persons are struggling, poor and broke is because there is no alternative means outside there savings or job thus acting as a limiting factor.

In essence invest, we can't build wealth through savings or finance the lifestyle we want. All the successful people we see and admire are living based on the investment they have.
This is the link to a similar topic, you can  find it helpful.

https://bitcointalk.org/index.php?topic=5487343.msg63749408#msg63749408

[Lanatsa]

it could be it's better to have investment than savings.

I think regarding this you should rather speak for yourself because not everyone is willing to take the risk to invest and not everyone have the mindset to withstand the risk. Also we are humans and everyone will definitely have different preferences so some will tell you they prefer to go for savings than investments. I myself prefer investment to savings because i like taking risks and having fun and i kinda see savings like a boring thing.

Yep, indeed investment is far better than saving. But the point to be noted is that you should be aware of how much risk there is in it, That is, if you want to invest in Bitcoin, you should be fully aware that if you do not have risk management skills, then Your investment in Bitcoin is nothing but lose. Because Bitcoin has a highly unstable value, it can make your investment zero or even heroic.
 
So if your stance is on investment instead of saving, then you must first understand this golden quote "Invest those moneys that you can afford to lose" in which all factor analysis will automatically be discussed, that is, you should know all these things. It will happen, which can change the investment from a loss to a profit.
 
So it means that investing (Bitcoin) is a good thing, but you should first be aware of its cons, Like investing in Bitcoin, you should first have full knowledge of all the skills that an investor should know. It is necessary before investment. So then investment can be better for you than saving. Apart from this, investment can be in other things as well. It is everyone's own choice, some prefer less volatility and some like high volatility assets. Everyone has their own view on investment, but personally, i would go for bitcoin because i know all the things that can reduce the risk for me.
DYOR!

But savings is something that you shouldnt really be that neglect out even on the slightest percentage that you could be able to apply or consider. We do know on how savings does works and its importance.
It is really just that you shouldnt really be pouring up all your focus on making some savings because if you do really want to have that continuous stream income flow and make more savings then the wisest thing to be done is to have that multiple source of income and this is where you would be considering on making use of those savings into the use.

Yes, its risky but this is something a necessary step for you to make to achieve those goals that you are really that targetting into. You cant really be able to have such progress if you
wont really be that making yourself that making such decision or the things that you would be needing to do. Its not really that a hard choice actually, risks taking is needed
but there are those who are really that afraid on doing so.

[bangjoe]

not everyone has good knowledge when investing, there are people who can easily choose a good investment instrument for them, but there are also those who have difficulty choosing it. and again, there are also people who don't want their money to decrease, since investing carries the risk that your money could decrease in value, because their goal is to save regularly, so they prefer to save compared to investing.

so there are several reasons people prefer to save compared to investing, because they think they are not suitable for investing. even though it could give them the potential to gain more profits.

Maybe you are right that everyone does not know well about investing but you also need to remember that nowadays if you want to have enough knowledge you can open your cell phone and learn either on social media or in articles it will be very easy for us to learn to understand investing, in fact my personal view is that saving money in fiat form is much more risky, such as being exposed to inflation, losing money in a bank account or if you keep it at home it will be stolen by nosy family members.

Some people choose to save fiat money because they do not have more knowledge about money itself, if they want to learn about money I'm pretty sure they will choose to invest rather than save.

[Dzwaafu11]

saving and investment both have importance in a people life, because if you invested all of your money then if suddenly you need to money when you will suffer,
so saving is also very important, and it will be very helpful when you will face trouble. I am investing 60% and rest of the money for saving, although saving is loses because of inflation.

If you know that you don't have money to take care of yourself, then you should not invest in the first place because if you do, you will later sell your investment at a loss because you must need it sometimes, and if you don't have money, you will go back to your investment and sell it at a loss. So the thing is that before you invest, you must get some basic things that you will need even after your investment so that you won't go back and sell your investment.
 
However, 60% of your income isn't that much for you. I don't know how much income is, but I think 60% will be enough, so just make sure you are investing the amount you can afford to lose and keep the remaining money for other basic things. 

[Barikui1]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Personally to me, I actually think that in as much as savings of fiat is not a bad thing, it's actually not a good thing to do in this present economy, because their is an enemy to any money being saved up, and that enemy is inflation, just imagine if you are saving for retirement purpose as a civil servants, before the time of retirement, that money you are saving will not have the same value you expected it to be, because inflation has reduced the value.

 So the best way to save money is to invest it in anything that appreciate in value overtime, something like Bitcoin, gold, diamond and land, because by doing so, before the time of retirement, your investment will definitely yield dividend for you, because those asset I mentioned appreciate in value overtime, and even if you decide to sell it then, you wouldn't sell at a lower price, you will sell at the current market price, which will be very much profitable for you.

[AirtelBuzz]

I like both saving and investing. There are many of us working businessmen and laborers who have their own money making side from which they earn money and save some amount of money apart from family expenses. Many people prefer to keep their savings in the bank. However, I feel that both banking and investing have their own benefits and risks. Just like if you keep your savings in the bank, if the bank goes bankrupt, you may face financial loss, just like if you invest, if your investment loses, you may also suffer financial loss. Maybe doing both requires courage and the strength to take risks. But those who have no investment experience prefer to deposit their money in bank because they get annual interest from there

[angrybirdy]

I like both saving and investing. There are many of us working businessmen and laborers who have their own money making side from which they earn money and save some amount of money apart from family expenses. Many people prefer to keep their savings in the bank. However, I feel that both banking and investing have their own benefits and risks. Just like if you keep your savings in the bank, if the bank goes bankrupt, you may face financial loss, just like if you invest, if your investment loses, you may also suffer financial loss. Maybe doing both requires courage and the strength to take risks. But those who have no investment experience prefer to deposit their money in bank because they get annual interest from there

Same here! actually it's better to have both of them specially now that we need to be financial literate, if we have spare money that we can use as an investment, then go. sometimes we need to take a risk but always remember that we need to carefully research about the platform before we proceed in investing our money.  Keeping our money in bank as a savings is needed to, because we need to have a money in times of emergency.

[FortuneFollower]

I like both saving and investing. There are many of us working businessmen and laborers who have their own money making side from which they earn money and save some amount of money apart from family expenses. Many people prefer to keep their savings in the bank. However, I feel that both banking and investing have their own benefits and risks. Just like if you keep your savings in the bank, if the bank goes bankrupt, you may face financial loss, just like if you invest, if your investment loses, you may also suffer financial loss. Maybe doing both requires courage and the strength to take risks. But those who have no investment experience prefer to deposit their money in bank because they get annual interest from there

Same here! actually it's better to have both of them specially now that we need to be financial literate, if we have spare money that we can use as an investment, then go. sometimes we need to take a risk but always remember that we need to carefully research about the platform before we proceed in investing our money.  Keeping our money in bank as a savings is needed to, because we need to have a money in times of emergency.

Im with you. The choice between saving and investing is a significant one. Savings, while safer, often don't keep pace with inflation, meaning the real value of your money could diminish over time. Investing, on the other hand, offers the potential for your money to grow, although it comes with risks. The key might lie in balance to allocate resources between saving for security and investing for growth. Wealth generation often requires a shift from purely saving to smartly investing, adapting strategies as one's financial situation evolves.

[OrangeII]

I like both saving and investing. There are many of us working businessmen and laborers who have their own money making side from which they earn money and save some amount of money apart from family expenses. Many people prefer to keep their savings in the bank. However, I feel that both banking and investing have their own benefits and risks. Just like if you keep your savings in the bank, if the bank goes bankrupt, you may face financial loss, just like if you invest, if your investment loses, you may also suffer financial loss. Maybe doing both requires courage and the strength to take risks. But those who have no investment experience prefer to deposit their money in bank because they get annual interest from there

Yes, these two things are very important. After all, investment aims to improve our financial situation. In fact, rich people also do this, and to this day, investments are still very valuable. In fact, people are competing to find investment places that have great potential. Meanwhile, saving is also important. By saving, we have money that we can use in an emergency, or maybe when we want something. In other cases, people have large amounts of savings to take advantage of the interest given by banks. However, I feel that both of these aspects should be present. If we have a small salary, then try to save little by little, and when we find an investment that makes it possible to earn money there, then we can invest using these savings.

[Fatunad]

I like both saving and investing. There are many of us working businessmen and laborers who have their own money making side from which they earn money and save some amount of money apart from family expenses. Many people prefer to keep their savings in the bank. However, I feel that both banking and investing have their own benefits and risks. Just like if you keep your savings in the bank, if the bank goes bankrupt, you may face financial loss, just like if you invest, if your investment loses, you may also suffer financial loss. Maybe doing both requires courage and the strength to take risks. But those who have no investment experience prefer to deposit their money in bank because they get annual interest from there

Yes, these two things are very important. After all, investment aims to improve our financial situation. In fact, rich people also do this, and to this day, investments are still very valuable. In fact, people are competing to find investment places that have great potential. Meanwhile, saving is also important. By saving, we have money that we can use in an emergency, or maybe when we want something. In other cases, people have large amounts of savings to take advantage of the interest given by banks. However, I feel that both of these aspects should be present. If we have a small salary, then try to save little by little, and when we find an investment that makes it possible to earn money there, then we can invest using these savings.

It is really that totally correlated to each other on which savings act as an emergency fund at the same time it would really be that something that could be used whenever you do decide on making out some investment or business or on whatever you do have plans in mind. We do all strive for having a better life via having that better finances on which these things could really be only acquired on the time that you would really be
able to have that kind of success towards your investment. Savings would really be having that kind of role when it comes to this situation. It would really be just that depending on how smart you have made up yourself on doing such thing on where there are really those people who are really that not mindful on taking up some risks and wont really be doing any further step for them to make their lives even more better.
It is really just that there are people who are really that not that loving on taking up some risks.

[batang_bitcoin]

Same here! actually it's better to have both of them specially now that we need to be financial literate, if we have spare money that we can use as an investment, then go. sometimes we need to take a risk but always remember that we need to carefully research about the platform before we proceed in investing our money.  Keeping our money in bank as a savings is needed to, because we need to have a money in times of emergency.

It's better to have both savings and investments. You have to be assured that you have money for some purpose that you haven't seen so your savings is going to work with that. While for your cash flow, it's best to have investments as they will work out as your additional money and much better if they're passive income and they're contributing a lot to your monthly income and that's why you don't have to choose any of them because they're both important.

[Gaza13]

In my opinion, it would be a shame if those who work with large incomes and have enough to live on a daily basis, do not want to invest and trust their fiat pension funds. This means that in my opinion they don't understand the concept of fiat money, which every year experiences problems, namely inflation and depreciation problems. I don't know what is on their mind, maybe if they invest in one of the instruments, whether it's shares or crypto, they are afraid of losing their money if they invest there or get information. that investment is much more dangerous, many people experience losses there.

As I got older, I only understood what my previous teachers taught me. In my opinion, the concept they teach is wrong, namely saving, saving and saving, and they don't teach us how to get or own an asset and make a profit from it. And now I am much bolder in looking at the future by investing in crypto, namely Bitcoin, and for daily life I need 20 percent of my income every month.

[AVE5]

What do you think?

I believe if those people who still saved their money with banks or government owned bodies knew about these investment opportunities where you hodl and watch your money grow in the long run, they probably won't be on the idea of saving anymore. What I think is that they lack information about these investment ideas and for those who knows about them but still prefer to save their money may just be ignorant and unwise.
Most times, peoples wrong mentality and beliefs about these online Investments has created hindrance for many investment opportunities that has come their way which might have changed their lives for good. They feel and think that anything that has to do with online investment are scams so they prefer to just save their money in banks. Unfortunately, while they think their money are saved in banks, these banks loans our their money and make good profits off them annually and give them no interest in return. So it would be better to start making the right choices that may affect ones future positively.

I feel the same way too that they may probably lack information that their savings can actually be stored somewhere for investments with the potentialities of yielding them incomes.
Most of those categorized mentioned persons by the Op such as the teachers and the civil servants are ignorant to certain advanced developments due to their inability to adopt new technologies. They're usually felt unsafe within the society when it gets to do with the fianances. They're probably awkward to advancements or they're literally ignorant to explore with the system.

[KiaKia]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

I do savings and the best savings are carried out in the short term for investment purposes, I don't see any reason to save money on the long run.

If you have to save you need to be smart, save for some time and use that money to invest, I can remember when I saved up some money to purchase my first Bitcoin Asic miner and now that's bringing me some BTC straight into my cold wallet every day.

I have this crazy mindset of having at least 1 BTC in my wallet and with extra satoshis been earned every day it will make the journey as quicker one.

If we know how to use money right we can never have a poor finance life.

[leonair]

What do you think?

I believe if those people who still saved their money with banks or government owned bodies knew about these investment opportunities where you hodl and watch your money grow in the long run, they probably won't be on the idea of saving anymore. What I think is that they lack information about these investment ideas and for those who knows about them but still prefer to save their money may just be ignorant and unwise.
Most times, peoples wrong mentality and beliefs about these online Investments has created hindrance for many investment opportunities that has come their way which might have changed their lives for good. They feel and think that anything that has to do with online investment are scams so they prefer to just save their money in banks. Unfortunately, while they think their money are saved in banks, these banks loans our their money and make good profits off them annually and give them no interest in return. So it would be better to start making the right choices that may affect ones future positively.

I feel the same way too that they may probably lack information that their savings can actually be stored somewhere for investments with the potentialities of yielding them incomes.
Most of those categorized mentioned persons by the Op such as the teachers and the civil servants are ignorant to certain advanced developments due to their inability to adopt new technologies. They're usually felt unsafe within the society when it gets to do with the fianances. They're probably awkward to advancements or they're literally ignorant to explore with the system.

Setting up can be a good thing if one is reinvesting the savings into a potential asset. Because everyone may not have enough funds to invest, so a good amount can be managed for investment by accumulating money gradually. But if one wants to save only for his future then he must be wrong because inflation will never give the true value of the savings. So savings may fail over time. Because the value of money will decrease day by day

[Ludmilla_rose1995]

not everyone has good knowledge when investing, there are people who can easily choose a good investment instrument for them, but there are also those who have difficulty choosing it. and again, there are also people who don't want their money to decrease, since investing carries the risk that your money could decrease in value, because their goal is to save regularly, so they prefer to save compared to investing.

so there are several reasons people prefer to save compared to investing, because they think they are not suitable for investing. even though it could give them the potential to gain more profits.

Maybe you are right that everyone does not know well about investing but you also need to remember that nowadays if you want to have enough knowledge you can open your cell phone and learn either on social media or in articles it will be very easy for us to learn to understand investing, in fact my personal view is that saving money in fiat form is much more risky, such as being exposed to inflation, losing money in a bank account or if you keep it at home it will be stolen by nosy family members.

Some people choose to save fiat money because they do not have more knowledge about money itself, if they want to learn about money I'm pretty sure they will choose to invest rather than save.

People receive unequal education about money, so the majority out there only know how to increase their money, all they have to do is save, even though the best way to make money consistently and for a long time is by investing

but we have to be grateful for the current technological developments, we can find out about anything easily just by searching through a search platform like Google, lazy people will definitely only walk around with their limited knowledge but those who are wise will definitely increase their insight.  them by finding out how to wisely invest

[junder]

In my opinion, it would be a shame if those who work with large incomes and have enough to live on a daily basis, do not want to invest and trust their fiat pension funds. This means that in my opinion they don't understand the concept of fiat money, which every year experiences problems, namely inflation and depreciation problems. I don't know what is on their mind, maybe if they invest in one of the instruments, whether it's shares or crypto, they are afraid of losing their money if they invest there or get information. that investment is much more dangerous, many people experience losses there.

As I got older, I only understood what my previous teachers taught me. In my opinion, the concept they teach is wrong, namely saving, saving and saving, and they don't teach us how to get or own an asset and make a profit from it. And now I am much bolder in looking at the future by investing in crypto, namely Bitcoin, and for daily life I need 20 percent of my income every month.

with those who have large incomes but don't want to invest, I'm sure it's because they have their own reasons, whether it's fear of loss or something, but I don't think it's a problem either, because not everyone invests even though they have a lot of money. Because even to invest there are several aspects that must be prepared carefully, it is impossible to invest without the slightest knowledge. because if that's the case what happens is just a loss. but even so, I am sure that those who have enough money will definitely have good thinking in managing their finances. One of them is by saving at the bank.

However, what we have to pay attention to is that we ourselves must at least be able to set aside some of the income we generate for savings, because in my opinion not investing is not a problem because not everyone is interested in that. but what is clear is that we have to be able to save for our future, because our life in the future depends on us running it ourselves. and indeed I think that all parents must teach their children to save from an early age. So in my opinion, saving must be done, but with investment it is not completely like that, even before we make an investment, in my opinion we have to save, having savings helps the investment that is carried out so that it is not disturbed.

[kotajikikox]

with those who have large incomes but don't want to invest, I'm sure it's because they have their own reasons, whether it's fear of loss or something,

Anyone scared to invest would not be able to secure their future.
Investing has risks and anyone can try to mitigate these risks if they had just studied about them.

Yes there is a chance of losing but it’s not like gambling where you will put your entire fate into chance. You can avoid losing.

One of them is by saving at the bank.

It’s not really advisable to save all your money in the bank as it will just decrease in value so at the end of the day it is really better to invest them instead.

[Outhue]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

That is if the person holds on to the Fiat for a long period of time, I can remember my father doing the same when he was young like he told me, he was able to build his first house using a savings account and it worked, he bought some properties using savings.

Things have changed a lot today though, to build a house easily now requires a good amount of money and that can be done with investments instead of savings only.

Thanks to the existence of Bitcoin and crypto, investments have never been this better, I still save money today for some reasons, like emergencies and bill settlement but I am more into investment as it gives me better positivity in returns.

[Promocodeudo]

What do you think?

Saving will not be able to help us to beat inflation because the benefits we get are very small and the value will continue to decrease due to inflation, so if you want to have a better economy in the future, investment is the right choice, but you still have to save because savings are an emergency fund, because if you only focus on investing without having savings, it is very likely that you will sell your investment at a loss or have not achieved the desired maximum profit because the investment is for the long term, more than five years, the benefits you will get are very good compared to if it is only one or two years.
So I believe in both, and doing both is much better for our financial future.

Exactly, savings does not not help inflationary situation but investment does, when investment is I place different things are bound to happen, things like job sustenance and security, the economy of such nation will be strong to the extent of surviving inflation and economic woes, it is advisable to invest as an individual even though you want to save let it be that you have invested much because saving is just temporal to solve emergency stuff but investment is a long term asset that can be given to your generation to come, so for me investment is the best approach to successfully build and sustain wealth, when you save, you may likely become poor because your savings may not have interest rate and once there is a financial crisis your money may lose value and you won't recover from it.

[vartivorke]

I'm in this game cause I'm not so risk averse to begin with, so investments,risk investments. Been working great so far, financial freedom and dreams fulfilled.I'd recommend it, you Only live once crypto bros.

[pusaka]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

That is if the person holds on to the Fiat for a long period of time, I can remember my father doing the same when he was young like he told me, he was able to build his first house using a savings account and it worked, he bought some properties using savings.

Things have changed a lot today though, to build a house easily now requires a good amount of money and that can be done with investments instead of savings only.

Thanks to the existence of Bitcoin and crypto, investments have never been this better, I still save money today for some reasons, like emergencies and bill settlement but I am more into investment as it gives me better positivity in returns.

I also still save, but I don't save it for a long time. If in a 3 month period I save and the savings are not disturbed then I will allocate it to invest, and then I will continue my savings and so on.
I think this is a good way for me to do it, because when I can prepare emergency funds, I can also allocate those emergency funds for investment too. So I prefer to run both because both will also be very useful. However, if we save for a very long time, of course inflation will eat up our savings.
If we are given 2 good choices, it would be good for us to do both, and this will be very beneficial for our lives, especially in financial terms.

[Alone055]

If in a 3 month period I save and the savings are not disturbed then I will allocate it to invest, and then I will continue my savings and so on.

Though I understand that everyone has their ways of doing such things, I don't understand how such savings can be useful in emergencies in case you happen to face some emergency after you have invested your savings and now you have nothing left. Let's suppose you save for 3 months, you invest that money into Bitcoin, and then you face an emergency, if Bitcoin goes down after your investment, you won't be able to withdraw your investment because you will be at a loss.

This is the reason why I believe one should have separate funds for each purpose. If you can afford to do that, you should have savings funds, emergency funds, and investment funds saved separately so that you don't use your savings even for emergencies or investments and they can be used sometime in the future when you might be more vulnerable.

[Agbe]

The way I understand your content or thread. The whole thing is talking about the olden days. Savings is ancient idea and not a modern idea. In this innovative world the teachers and lecturers you mentioned are not aware of this new technology and since they were using that savings method so they continue but when you orient them about this new technology revolution and the investment, they will choose investment to savings because in the university, there are computer lecturers who are aware of this innovation and they are part of the benefit. So if those lecturers tell their colleagues then they will also invest. So in this modern world awareness is needed. There was a lecturer that I meant few months back and I explained everything to him and I showed him my wallet, and instant I made a transaction and he saw everything so he asked me to teach him and I didn't and now he is an investor.

[AnonBitCoiner]

That is if the person holds on to the Fiat for a long period of time, I can remember my father doing the same when he was young like he told me, he was able to build his first house using a savings account and it worked, he bought some properties using savings.

Things have changed a lot today though, to build a house easily now requires a good amount of money and that can be done with investments instead of savings only.

Thanks to the existence of Bitcoin and crypto, investments have never been this better, I still save money today for some reasons, like emergencies and bill settlement but I am more into investment as it gives me better positivity in returns.

In past everyone was saving some amount and our parents did all necessary works with the help of such savings. Now a days things are changed but the main cause is that dreams of people also gets increasing and everyone wants a luxury lifestyle which does not allow them to save money for future or for doing important work in present.

Previously people were not involved much in investment and they were utilizing the money of saving but now as we save money it become reduces in value due to increasing inflation. Currently those are successful who choose both saving and investment as one does not work properly and you have to need both sources of saving and investment for handling of emergencies and increasing of money.

[Dewi Aries]

That is if the person holds on to the Fiat for a long period of time, I can remember my father doing the same when he was young like he told me, he was able to build his first house using a savings account and it worked, he bought some properties using savings.

Things have changed a lot today though, to build a house easily now requires a good amount of money and that can be done with investments instead of savings only.

Thanks to the existence of Bitcoin and crypto, investments have never been this better, I still save money today for some reasons, like emergencies and bill settlement but I am more into investment as it gives me better positivity in returns.

I also still save, but I don't save it for a long time. If in a 3 month period I save and the savings are not disturbed then I will allocate it to invest, and then I will continue my savings and so on.
I think this is a good way for me to do it, because when I can prepare emergency funds, I can also allocate those emergency funds for investment too. So I prefer to run both because both will also be very useful. However, if we save for a very long time, of course inflation will eat up our savings.
If we are given 2 good choices, it would be good for us to do both, and this will be very beneficial for our lives, especially in financial terms.

I just heard this idea but I think this is a pretty smart idea, this is a pretty creative idea because you don't choose one of them but combine the two, like combining savings with investments where the goal is to gain profit and if you still feel safe without having any disturbances or problems by running an idea like this then of course continue friends.

Basically everyone is free in terms of choosing one of the two between saving or investing which on the other hand both also have their own level of risk, when saving then maybe the risk is as you say like being affected by inflation which will reduce the value of your money and when investing then yes the market situation is sometimes not always in our favor. of course everyone has reasons for their choices, of course everyone has their own reasons for their choices depending on their beliefs, and if you take both then maybe you should really be able to maintain and balance everything well along with you maintaining your main job so that you can still make money to be allocated to both choices.

[Patrol69]

I think investment and savings are both very important. Investment will show the way to the future and savings will stand by you in times of danger just as you need savings if you plan for the future and if you are a conscious person you must plan your investments. If you are earning money now but you may not have the same amount of money income in the future, if you do not have any other employment in the future but you may face a big financial crisis towards the end of your life. So everyone should plan for savings as well as investment. When an investor plans to save as well as invest and he executes that plan one time it will be seen that he is getting rid of many dangers in his life due to his decision.

[Iranus]

The way I understand your content or thread. The whole thing is talking about the olden days. Savings is ancient idea and not a modern idea. In this innovative world the teachers and lecturers you mentioned are not aware of this new technology and since they were using that savings method so they continue but when you orient them about this new technology revolution and the investment, they will choose investment to savings because in the university, there are computer lecturers who are aware of this innovation and they are part of the benefit. So if those lecturers tell their colleagues then they will also invest. So in this modern world awareness is needed. There was a lecturer that I meant few months back and I explained everything to him and I showed him my wallet, and instant I made a transaction and he saw everything so he asked me to teach him and I didn't and now he is an investor.

Are you saying that saving is old-fashioned and outdated, and new investing is adaptive and modern? So let me ask, if everyone invests and becomes rich, why do we still have so many poor people in the world, and the proportion of rich people is only less than 10%? And is it really that easy to make a profit from investment and everyone make a profit from investment?
Without taking any far-fetched examples, has your bitcoin investment helped you become rich and escape poverty? Also, have you ever thought of a situation where you are in bear season and bitcoin loses 80% of its value, and you have an unexpected problem and you need money? If you have no savings, what will you do, will you sell your bitcoins and accept a loss of 80% and in this case will bitcoin bring you profit?

Investing is very important these days but don't underestimate saving as both are important and have different roles in our lives.

[junder]

with those who have large incomes but don't want to invest, I'm sure it's because they have their own reasons, whether it's fear of loss or something,

Anyone scared to invest would not be able to secure their future.
Investing has risks and anyone can try to mitigate these risks if they had just studied about them.

with those who have a lot of money and no desire to invest, will you force them to invest? Of course not, even though investing is good because it can generate profits later because we have to have the skills and knowledge, but we cannot force people who don't want to invest to invest. Why? because I have a friend who is like this, he works in the IT sector with his expertise in making applications so he can earn a lot of money per month, and I once suggested him to invest but he still doesn't want to do it even though I have explained it, that's why everyone each have their own rights.

Investing or saving in a bank in my opinion has its own risks, such as investing which has the opportunity for loss, and saving maybe the risk is that the bank goes bankrupt or something, but I doubt that, even if their bank goes bankrupt or is broken into or robbed, I think they will be responsible, and if they are not responsible and we have enough money, they may take legal action. I myself don't invest because I don't have enough money, I mean my income is still limited. but occasionally I often learn about investment. After all, who doesn't want profits, especially for the future?

[Fuso.hp]

There will be different answers here for everyone because everyone will take their own position investing or saving. A middle class worker with a monthly income of $150 to $200 will spend a substantial amount of money on running his family and the remaining money he has will be useful in his time of need but he will prefer saving money over investing. On the other hand, another employee who is paid well and has a tendency to take risks, but after spending money on his family, he will have enough money to invest and even save some money if he wants to. Whether a person invests or saves depends on the amount of money he earns.

[pusaka]

If in a 3 month period I save and the savings are not disturbed then I will allocate it to invest, and then I will continue my savings and so on.

Though I understand that everyone has their ways of doing such things, I don't understand how such savings can be useful in emergencies in case you happen to face some emergency after you have invested your savings and now you have nothing left. Let's suppose you save for 3 months, you invest that money into Bitcoin, and then you face an emergency, if Bitcoin goes down after your investment, you won't be able to withdraw your investment because you will be at a loss.

This is the reason why I believe one should have separate funds for each purpose. If you can afford to do that, you should have savings funds, emergency funds, and investment funds saved separately so that you don't use your savings even for emergencies or investments and they can be used sometime in the future when you might be more vulnerable.

Don't get me wrong, of course I will not allocate all my savings in those 3 months, I will only allocate 50% at most for investment allocation from the savings.
For example, if I manage to collect $100 in 3 months, then $50 will remain my savings. Let's say that in the next 3 months I save another $100, if we calculate from the first 3 months the amount is $150. Then I will again allocate 50% or $75 for investment.
This strategy not only increases our wallet portfolio, but also increases the amount of savings every month.
If we are consistent with this strategy then we can avoid problems, whether due to sudden needs or other things related to our economy.

[bitzizzix]

There will be different answers here for everyone because everyone will take their own position investing or saving. A middle class worker with a monthly income of $150 to $200 will spend a substantial amount of money on running his family and the remaining money he has will be useful in his time of need but he will prefer saving money over investing. On the other hand, another employee who is paid well and has a tendency to take risks, but after spending money on his family, he will have enough money to invest and even save some money if he wants to. Whether a person invests or saves depends on the amount of money he earns.

Although it makes sense, I think it all depends on the individual. With an income of $150-$200 you can still invest and save if you can really manage it well and put aside personal needs that are not too important or minimize them, which in my opinion you can still save and also invest with an amount of $15 -$20 every month.
And what's even better, if you want to invest and save more, you can do a side job to increase your income. And investing or saving doesn't look at income, as long as there is serious intention, anything can happen and looking for the best solution without having to reduce important needs and can increase savings and investment. And never be satisfied with existing income, and smart people will always look for ways to increase their income so that their interests, needs and future can be met well.

[Agbamoni]

The way I understand your content or thread. The whole thing is talking about the olden days. Savings is ancient idea and not a modern idea. In this innovative world the teachers and lecturers you mentioned are not aware of this new technology and since they were using that savings method so they continue but when you orient them about this new technology revolution and the investment, they will choose investment to savings because in the university, there are computer lecturers who are aware of this innovation and they are part of the benefit. So if those lecturers tell their colleagues then they will also invest. So in this modern world awareness is needed. There was a lecturer that I meant few months back and I explained everything to him and I showed him my wallet, and instant I made a transaction and he saw everything so he asked me to teach him and I didn't and now he is an investor.

I still doubt that savings is an old idea. So many persons are still saving, and you won't tell me either that you are not saving.

Personally, i see savings and investment so important and i take them even. I do not more importance to one excluding the other. I feel that as human we need the both of them to have balance in life. When we invest, we choose to invest for months, years or decades. There is no good investment that is done in a month, weeks or days. What am saying is that in as much as we are investing, there are times we need money for something differently maybe something outside our budgets. That is when we make use of the savings so that we won't temper our investment.

[Ryu_Ar1]

Previously people were not involved much in investment and they were utilizing the money of saving but now as we save money it become reduces in value due to increasing inflation. Currently those are successful who choose both saving and investment as one does not work properly and you have to need both sources of saving and investment for handling of emergencies and increasing of money.

The mindset continues to change and in the end we must realize that investment is a new situation of developing a profit system that starts with money because in the end with the creation of investment, it is indeed now apart from saving in the end there is another option for developing profits, namely investment but on the other hand it is also a choice because in the end we must realize that it is about the choices we make.

Regardless of whether we want investment or just savings alone it comes back to ourselves because all decisions in the end we are the ones who take it whether we really want the savings option alone or a new form of development that occurs, namely investment because after all both are still considered a benefit even though for now it seems that many will consider saving it a waste of time and waste the value of money but not a little until now there are still many who do that. 

[Agbe]

I still doubt that savings is an old idea. So many persons are still saving, and you won't tell me either that you are not saving.

There are things I don't like in savings money in the local Banks. The unaware and untimely charges. These charges are electronic transfer levy and card maintenance charges and also instant transfer charges. This charges came unaware and there is no time for it and came at anytime. So all my MEGA savings are in Bitcoin and not in fiat banks. I only send money to Fiat Banks if I want to use the funds within a week or days but keeping money there for a long time savings, my man I am not doing it again and that is why I said it an analog pattern of savings and not the digital upgraded innovative method of savings which is also transformed as investment. Anyone that understand crypto investment would not keep money in the Local Banks.

Mostly Civil Servants, who understand cryptocurrency ecosystem market space today would keep their funds in cryptocurrency investment then can leave the once they want to spend in the month in fiat banks and not their long life savings for pension again. As I said, I have taught lecturers about bitcoin investment and they saving in bitcoin as a form of investment instead of local savings. So that even. If they retired from service they won't bother again. Right now one of my uncle is angry that why I didn't know bitcoin when I was living with him from the year 2009 to 2015. He said he would have invested enough at that time since he was having money at that time.

Though everyone has their way of thinking, if Savings is still good for you no problem but as for me I don't save in Banks again but I only transfer what I want to spend to bank and use it within the time frame. I still know some know people in my region that investing in Bitcoin but they still save in fiat banks. So it is just a choice.

[Fuso.hp]

There will be different answers here for everyone because everyone will take their own position investing or saving. A middle class worker with a monthly income of $150 to $200 will spend a substantial amount of money on running his family and the remaining money he has will be useful in his time of need but he will prefer saving money over investing. On the other hand, another employee who is paid well and has a tendency to take risks, but after spending money on his family, he will have enough money to invest and even save some money if he wants to. Whether a person invests or saves depends on the amount of money he earns.

Although it makes sense, I think it all depends on the individual. With an income of $150-$200 you can still invest and save if you can really manage it well and put aside personal needs that are not too important or minimize them, which in my opinion you can still save and also invest with an amount of $15 -$20 every month.
And what's even better, if you want to invest and save more, you can do a side job to increase your income. And investing or saving doesn't look at income, as long as there is serious intention, anything can happen and looking for the best solution without having to reduce important needs and can increase savings and investment. And never be satisfied with existing income, and smart people will always look for ways to increase their income so that their interests, needs and future can be met well.

Money Even if we earn a relatively small amount of money, if we can spend the money in a proper manner with a proper plan, then even after meeting our needs, we will still have money left over to invest. We see many people in the society who earn relatively high amount of money but only to live an unplanned life they cannot live properly despite earning relatively high amount of money. As I said if a person earns 200 dollars a month and from that 200 dollars he can spend according to different categories of his expenses but who must have money left at the end of the month. The remaining amount is a part of the amount but he can invest it if he wants.

[ferida504]

I believe in both and with preference. Both savings and investment has its own benefits and risk; what's important is to reach a certain goal on why you engage on either of these two. If you are after an amount of money you could use for emergency purposes in the future then savings would be an option but if you are seeking on making your the cashflow in your account, bigger in the future then engaging to investment would be a better option. More of a matter between secured money vs profit projection. However as I said, risk will be present; with savings, there's a tendency that you might use it to things outside its sole purpose such as a new gadget and with investment, risk is losing the money itself.

Now, bottomline is to choose what will work for you best. Some people are fine having savings alone and same thing goes with people who are earning more through their investments. Personally, I do both. I save some of my investment profit and times wherein my savings are being used on new investments.

Saving can also be part of an investment but you don't get much benefit from savings and another advantage is that there is a state guarantee for the funds we save so that liquidity is higher, but if you invest in other companies such as mining and others - The other thing is that you get big profits and the risks are also quite big. In essence, whatever investment you make, you get a profit as long as the agreement is made clearly and does not harm both parties. On the other hand, investment is also another way to prevent inflation because in investment there is something called reciprocity of profit

[Jatiluhung]

I think investment and savings are both very important. Investment will show the way to the future and savings will stand by you in times of danger just as you need savings if you plan for the future and if you are a conscious person you must plan your investments. If you are earning money now but you may not have the same amount of money income in the future, if you do not have any other employment in the future but you may face a big financial crisis towards the end of your life. So everyone should plan for savings as well as investment. When an investor plans to save as well as invest and he executes that plan one time it will be seen that he is getting rid of many dangers in his life due to his decision.

You have quite wise thoughts in responding to this problem. Because both are important things that everyone must have. Savings can be used to accumulate capital for larger investments and savings can also be used to prepare emergency funds or reserve funds. And we use our investment for a better future. or to build the financial freedom that we have always wanted in life so that we can have a beautiful old age that can allow us to have passive income without having to work much. We can relax and take a vacation to enjoy every result we have obtained from the investments we have made since we were young. But savings must still be held at a certain percentage. Because we still have to prepare reserve funds such as capital and emergency funds. Just in percentage terms, maybe I would invest more and leave a few tens of percent in savings.

[Jody.Drummer]

I think investment and savings are both very important. Investment will show the way to the future and savings will stand by you in times of danger just as you need savings if you plan for the future and if you are a conscious person you must plan your investments. If you are earning money now but you may not have the same amount of money income in the future, if you do not have any other employment in the future but you may face a big financial crisis towards the end of your life. So everyone should plan for savings as well as investment. When an investor plans to save as well as invest and he executes that plan one time it will be seen that he is getting rid of many dangers in his life due to his decision.

You have quite wise thoughts in responding to this problem. Because both are important things that everyone must have. Savings can be used to accumulate capital for larger investments and savings can also be used to prepare emergency funds or reserve funds. And we use our investment for a better future. or to build the financial freedom that we have always wanted in life so that we can have a beautiful old age that can allow us to have passive income without having to work much. We can relax and take a vacation to enjoy every result we have obtained from the investments we have made since we were young. But savings must still be held at a certain percentage. Because we still have to prepare reserve funds such as capital and emergency funds. Just in percentage terms, maybe I would invest more and leave a few tens of percent in savings.

Yup right, that is a good mindset where we can run both at once especially if you have a large enough income, as you said that we can make savings as a place to store emergency funds for urgent situations that cannot be tolerated and we can also make investments as a place to plant seeds of financial freedom in the future, such as always being consistent in putting a certain amount of money for long-term plans and then taking it when you have entered the final phase of your planning in the future, but what we must remember is that still the name of the investment always has a risk where there is a possibility that you experience losses in certain situations.

This is indeed a good idea but unfortunately not everyone has a truly qualified financial situation to be able to carry out the idea, because obviously when your income is quite low then let alone saving or investing, sometimes just to pay for the necessities of life is not enough, but this is not a destiny because every human being is given a common sense to think which is useful to overcome every problem as long as they are willing to do it.

[Winterfrost]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

individuals have always preferred investing to savings and the only difference has been that those that aren't conversant with Bitcoin investments has had to invest into other sectors like real estate, gold and other valuable asset they are conversant with.

What's a possible consideration that can also determine ones choice of either investing or saving could be that how much one has. For a little amount that's not yet big enough, it's possible you might want to save it to a level that's huge enough to have had an investible capability but with Bitcoin investments and doing it with the use of the DCA methord, it's easier to invest no matter how little the amount is instead of saving such in public financial institutions. If you're with a good resource that can go into investing in an asset and you're still saving it and allowing it or remain dormant, then that's obviously a bad strategy that's just going to allow inflation have effect on your money and at the end of the day, you wouldn't have a good returns from your fiat.

[Smack That Ace]

I think investment and savings are both very important. Investment will show the way to the future and savings will stand by you in times of danger just as you need savings if you plan for the future and if you are a conscious person you must plan your investments. If you are earning money now but you may not have the same amount of money income in the future, if you do not have any other employment in the future but you may face a big financial crisis towards the end of your life. So everyone should plan for savings as well as investment. When an investor plans to save as well as invest and he executes that plan one time it will be seen that he is getting rid of many dangers in his life due to his decision.

You have quite wise thoughts in responding to this problem. Because both are important things that everyone must have. Savings can be used to accumulate capital for larger investments and savings can also be used to prepare emergency funds or reserve funds. And we use our investment for a better future. or to build the financial freedom that we have always wanted in life so that we can have a beautiful old age that can allow us to have passive income without having to work much. We can relax and take a vacation to enjoy every result we have obtained from the investments we have made since we were young. But savings must still be held at a certain percentage. Because we still have to prepare reserve funds such as capital and emergency funds. Just in percentage terms, maybe I would invest more and leave a few tens of percent in savings.

Yup right, that is a good mindset where we can run both at once especially if you have a large enough income, as you said that we can make savings as a place to store emergency funds for urgent situations that cannot be tolerated and we can also make investments as a place to plant seeds of financial freedom in the future, such as always being consistent in putting a certain amount of money for long-term plans and then taking it when you have entered the final phase of your planning in the future, but what we must remember is that still the name of the investment always has a risk where there is a possibility that you experience losses in certain situations.

This is indeed a good idea but unfortunately not everyone has a truly qualified financial situation to be able to carry out the idea, because obviously when your income is quite low then let alone saving or investing, sometimes just to pay for the necessities of life is not enough, but this is not a destiny because every human being is given a common sense to think which is useful to overcome every problem as long as they are willing to do it.

I believe that people who think saving is a bad idea are people who don't have too much money and they just want to get rich quickly and the path they choose is investing. To put it bluntly, they take risks for the chance to become rich with their little capital. That's not necessarily wrong because sometimes we need to step out of our comfort zone to challenge ourselves. But that's too risky if we have family behind us and have to take care of our loved ones. So, if we have no family and no burdens, the trade-off is something we can consider. But if we have a family, saving money is always a top priority because life is always full of surprises.

[Bobrox]

I believe with both side saving and investment, I know with potential increasing up our assets when put as investment but saving is most important for us when any emergency happen to us. Can't predictable when any urgent needed but if have saving assets we can face it without any problem yet.

I have allocated my assets for investing and half for saving fund, I won't take risk by put my all money for investing assets because every day I face many unpredictable thing in my live and have saving make it easy. Not all our money need put on investment and we have to enjoy with our investment profitable put as saving assets.

[Renampun]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation.

It's true, inflation is something that cannot be avoided and indeed the price of every item will continue to rise over time in any country.

because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.

But do you only want to save for long-term goals, because usually people will save for short-term goals such as 3 or 5 years, and also to meet the needs of themselves and their families.

So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

I'm the same way, investing in property or shares is the best choice for the long term, and usually the results you get will be much more than just saving.

[Dewi Aries]

I believe with both side saving and investment, I know with potential increasing up our assets when put as investment but saving is most important for us when any emergency happen to us. Can't predictable when any urgent needed but if have saving assets we can face it without any problem yet.

I have allocated my assets for investing and half for saving fund, I won't take risk by put my all money for investing assets because every day I face many unpredictable thing in my live and have saving make it easy. Not all our money need put on investment and we have to enjoy with our investment profitable put as saving assets.

Yes, maybe the best plan is to use both of them where you can allocate money to savings with the aim of minimizing the possibility of unwanted when urgent situations that come unexpectedly occur, and you can also make investments as a place to get an increase in the value or amount of money that you allocate, basically both of these things can be very useful if you know how to use them.

On the other hand, yes, however, the name of investment always has the possibility of risk, meaning that you not only have the opportunity to get a profit in a certain period of time but it is very possible for you to eventually also experience a loss which means that your money is reduced due to fluctuations in the market, and here you have a pretty good formula which is to put some in investment and some in savings to overcome some unexpected events, everyone has different considerations before they make a decision and maybe for those who feel too worried about losing their money then maybe they will not touch investment.

[junder]

I believe with both side saving and investment, I know with potential increasing up our assets when put as investment but saving is most important for us when any emergency happen to us. Can't predictable when any urgent needed but if have saving assets we can face it without any problem yet.

I have allocated my assets for investing and half for saving fund, I won't take risk by put my all money for investing assets because every day I face many unpredictable thing in my live and have saving make it easy. Not all our money need put on investment and we have to enjoy with our investment profitable put as saving assets.

It's true that saving is an important thing in life, because as far as I know, every parent must have taught their young children to save, because it is something that must be done and is also one way to survive if we can manage our finances well. . and with investment, of course, for people who already understand, they will definitely do it, but not everyone understands investment, while for saving, everyone definitely understands it. Also, in my opinion, saving is one of the requirements for investing.

That's the purpose of saving, by saving we will have savings that can help us in emergency situations such as accidents or needing medical expenses when we are sick. Actually, in my opinion, saving and investing are two things that are interrelated, it's just that investing is done more by people who really understand.

[red4slash]

because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.

But do you only want to save for long-term goals, because usually people will save for short-term goals such as 3 or 5 years, and also to meet the needs of themselves and their families.

Actually when talking about the strength of value I don't think it matters whether it is long or short term because everything plays the same role where the value will definitely decrease whether it is for the long term or the short term which only ranges from a few years of therapy on the other hand we must be aware that even though for Fiat it is certain in terms of value it will decrease still we cannot let go of it even though it becomes a loss for us because after all it is a thing that must exist in the end considering the needs we have until now are still based on Fiat so inevitably it still has to exist and allows it to be owned so that the needs we need either unexpectedly or unexpectedly can still be anticipated quickly so that in the end saving money in Fiat still has to be done.

[nurilham]

I believe that people who think saving is a bad idea are people who don't have too much money and they just want to get rich quickly and the path they choose is investing. To put it bluntly, they take risks for the chance to become rich with their little capital. That's not necessarily wrong because sometimes we need to step out of our comfort zone to challenge ourselves. But that's too risky if we have family behind us and have to take care of our loved ones.

Yes. Besides having not much money, I also think people who don't want to have saving that they are the people who don't care with the future life. We don't only think about investment, we need also saving for urgent needs. Investment needs time to take profits but saving can be used any time we need it. So, it will be safe if there is something happening in the future that needs money. Sure, we have family to be cared, they may need money for any purposes in the future. If we have no savings, how we can fulfill it in the future? Ideally, investment shouldn't be used for urgent needs.

[Falconer]

-snip-

I believe that people who think saving is a bad idea are people who don't have too much money and they just want to get rich quickly and the path they choose is investing.

I think your opinion is very reasonable, even large investors have healthy savings for whatever they need without disturbing their investments. Having savings is never considered bad, but if they only save without investing, then they have lost the opportunity to make more money with their money.

To put it bluntly, they take risks for the chance to become rich with their little capital. That's not necessarily wrong because sometimes we need to step out of our comfort zone to challenge ourselves. But that's too risky if we have family behind us and have to take care of our loved ones. So, if we have no family and no burdens, the trade-off is something we can consider. But if we have a family, saving money is always a top priority because life is always full of surprises.

For some people, saving fiat is not a smart choice. They will know how to make money with money, including doing business and investing. They can save from the profits they make from their businesses and investments, this is a smart choice that serves as wise advice on how to make money with money.

Having savings is important, I never said it was bad. If an investor does not have savings or in other words reserve money, then they must forever ruin their investment plans midway.

[Woodie]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?

Just to put it out there...In the world of crypto, saving money as a hodler in form of crypto is as good as an investment, and in the fiat world saving might mean either gaining or not gaining an interest on your principal amount ..but do any of these amount to extreme wealth, well I think let's just say your input determines your output...if you put in a tonne of money expect a huge return, while if you put in peanuts expect to get small returns.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Honestly I think investment and saving are all the same at the end of the day,  it just depends on what terms you negotiate for.. for example you can save your money with a bank at an agreed rate of return and treat this as an investment, other's will save money with a bank with no interest received which is why I said it all comes down to terms agreed and the alike which doesn't make it different from an investment.

[Jatiluhung]

You have quite wise thoughts in responding to this problem. Because both are important things that everyone must have. Savings can be used to accumulate capital for larger investments and savings can also be used to prepare emergency funds or reserve funds. And we use our investment for a better future. or to build the financial freedom that we have always wanted in life so that we can have a beautiful old age that can allow us to have passive income without having to work much. We can relax and take a vacation to enjoy every result we have obtained from the investments we have made since we were young. But savings must still be held at a certain percentage. Because we still have to prepare reserve funds such as capital and emergency funds. Just in percentage terms, maybe I would invest more and leave a few tens of percent in savings.

Yup right, that is a good mindset where we can run both at once especially if you have a large enough income, as you said that we can make savings as a place to store emergency funds for urgent situations that cannot be tolerated and we can also make investments as a place to plant seeds of financial freedom in the future, such as always being consistent in putting a certain amount of money for long-term plans and then taking it when you have entered the final phase of your planning in the future, but what we must remember is that still the name of the investment always has a risk where there is a possibility that you experience losses in certain situations.

This is indeed a good idea but unfortunately not everyone has a truly qualified financial situation to be able to carry out the idea, because obviously when your income is quite low then let alone saving or investing, sometimes just to pay for the necessities of life is not enough, but this is not a destiny because every human being is given a common sense to think which is useful to overcome every problem as long as they are willing to do it.

Well, in reality, not everyone is able to do it. Especially in lower developing countries where there are still many people who only have enough income to cover their daily living expenses. And they can't even set aside money to save or invest. This is because salaries are low in that country and the price of daily necessities is expensive there due to inflation. So implementing an investment and saving pattern and preparing an emergency fund can only be done if someone has a good income and still has plenty left over after meeting all their needs each month. And in developing countries, if we want to get a bigger income, the only solution is to become a successful businessman or have a side job outside of our main job. Because just relying on your main job will still not feel easy.

[Jody.Drummer]

Yup right, that is a good mindset where we can run both at once especially if you have a large enough income, as you said that we can make savings as a place to store emergency funds for urgent situations that cannot be tolerated and we can also make investments as a place to plant seeds of financial freedom in the future, such as always being consistent in putting a certain amount of money for long-term plans and then taking it when you have entered the final phase of your planning in the future, but what we must remember is that still the name of the investment always has a risk where there is a possibility that you experience losses in certain situations.

This is indeed a good idea but unfortunately not everyone has a truly qualified financial situation to be able to carry out the idea, because obviously when your income is quite low then let alone saving or investing, sometimes just to pay for the necessities of life is not enough, but this is not a destiny because every human being is given a common sense to think which is useful to overcome every problem as long as they are willing to do it.

Well, in reality, not everyone is able to do it. Especially in lower developing countries where there are still many people who only have enough income to cover their daily living expenses. And they can't even set aside money to save or invest. This is because salaries are low in that country and the price of daily necessities is expensive there due to inflation. So implementing an investment and saving pattern and preparing an emergency fund can only be done if someone has a good income and still has plenty left over after meeting all their needs each month. And in developing countries, if we want to get a bigger income, the only solution is to become a successful businessman or have a side job outside of our main job. Because just relying on your main job will still not feel easy.

Yes as I said above that not everyone has a good financial situation so with this then obviously they will not be able to implement the idea because they have a low income so obviously of course let alone saving or investing sometimes to make ends meet they are already struggling, and the point is yes as you said that saving along with combining it with investment can only be done when you have a qualified financial situation.

But this is not the end of everything because there will always be changes if for example you have a strong desire and determination to change your life, there are already quite a lot of jobs that can earn, not only normal jobs as in general but now we can earn money just by playing the internet, you can sell there or sell the services of the skills you have if for example you have the ability or advantage, however there will always be a way if someone wants to do it.

[Iroh]

Although it makes sense, I think it all depends on the individual. With an income of $150-$200 you can still invest and save if you can really manage it well and put aside personal needs that are not too important or minimize them, which in my opinion you can still save and also invest with an amount of $15 -$20 every month.
.

Only in developing countries where the exchange rate of the local currency compared to the dollar is much. Folks in the US surely won’t be able to comfortably invest some after putting aside some for savings. All on an income of  $150 to $200.
In developing nations having a high exchange rate to the dollar, one could likely live comfortable and modestly and perhaps put a little bit away for saving. I think if you’re earning a modest amount, it’s best to save leaving investments when you’ve accumulated enough.

[Yukyzu]

It's true that saving is an important thing in life, because as far as I know, every parent must have taught their young children to save, because it is something that must be done and is also one way to survive if we can manage our finances well. . and with investment, of course, for people who already understand, they will definitely do it, but not everyone understands investment, while for saving, everyone definitely understands it. Also, in my opinion, saving is one of the requirements for investing.

That's the purpose of saving, by saving we will have savings that can help us in emergency situations such as accidents or needing medical expenses when we are sick. Actually, in my opinion, saving and investing are two things that are interrelated, it's just that investing is done more by people who really understand.

It is our obligation as parents to teach their children to save so that when they grow up and have income they can manage their finances properly and not spend the money they have on things they don't need so they can set aside some of their income for savings and I agree with that, to be able to invest, of course we have to be diligent in saving and we also have to be able to manage our finances well.

Having savings for emergency needs is very important for everyone to have so that we can meet these needs when we suddenly need these funds and don't have to bother thinking about these needs, yes, these two things will really help us in facing the future. which is better, but to invest, of course we must have knowledge about the investments we make so that we can carry them out well in preparation for the future.

[gunhell16]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Well, we are still making savings here in the crypto or bitcoin industry that we belong to, right? The only difference is that the investment we make here is combined with savings.
In what way?

Of course, once we hold any cryptocurrency here or bitcoin, there are chances that its value will increase while the waiting period passes, as long as we are sure that it has potential.
And because of the increase in value as it goes by, this becomes our savings in the future.

[Barikui1]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

Well, we are still making savings here in the crypto or bitcoin industry that we belong to, right? The only difference is that the investment we make here is combined with savings.
In what way?

Of course, once we hold any cryptocurrency here or bitcoin, there are chances that its value will increase while the waiting period passes, as long as we are sure that it has potential.
And because of the increase in value as it goes by, this becomes our savings in the future.

I totally agree to to what you are saying, because what most informed people are doing right now is to hold their savings in Bitcoin which create the opportunity of not just making profit out of it, but also as a means to fight inflation, since Bitcoin is an asset that appreciate in value overtime,  unlike the fiat that is being eaten up by inflation.

And as for the civil servants and most private workers, it's only few people that are aware of what's going on around them, some knows that inflation is eating their savings but don't actually knows how to go about it in curbing that menace going on in their finance, because they are uninformed, that is why I really do appreciate this forum because the knowledge I have gained in the past few months I have been in this forum have really been helpful in my decision making financially.

[Ayers]

What do you think?

Saving will not be able to help us to beat inflation because the benefits we get are very small and the value will continue to decrease due to inflation, so if you want to have a better economy in the future, investment is the right choice, but you still have to save because savings are an emergency fund, because if you only focus on investing without having savings, it is very likely that you will sell your investment at a loss or have not achieved the desired maximum profit because the investment is for the long term, more than five years, the benefits you will get are very good compared to if it is only one or two years.
So I believe in both, and doing both is much better for our financial future.

To be fair, saving and investing both have different roles and use cases in our lives. We need both and both are necessary if we want to maintain a balanced life. Investing sounds attractive because most people only like to dream about the profits they will receive, they ignore the risks they will encounter because there is no investment without risk. Meanwhile, saving will not help us against currency devaluation, but in return it will help us in emergencies. Obviously, both are very important and support each other.

Saving plays a very important role in life, but young people today hardly understand and ignore it because they think that getting rich is easy. Especially bitcoin investors who are dreaming about the huge profits that bitcoin will bring them, and underestimate the role of savings. But they will soon have to pay the price if their get-rich-quick scheme doesn't work out as they expected.

[hyudien]

Well, in reality, not everyone is able to do it. Especially in lower developing countries where there are still many people who only have enough income to cover their daily living expenses. And they can't even set aside money to save or invest. This is because salaries are low in that country and the price of daily necessities is expensive there due to inflation. So implementing an investment and saving pattern and preparing an emergency fund can only be done if someone has a good income and still has plenty left over after meeting all their needs each month. And in developing countries, if we want to get a bigger income, the only solution is to become a successful businessman or have a side job outside of our main job. Because just relying on your main job will still not feel easy.

That's right, although saving money is mandatory, it's just that maybe some people don't do it because of their unstable financial situation, because there are people who have jobs and income but it's only enough to meet their daily needs, and because of that they can't set aside money to save let alone invest. But I think it's normal because everyone's finances are different, those who struggle to survive with unstable finances are already good.
I agree with you, saving and investing or preparing an emergency fund is only done by people who do have stable finances, for those who have inadequate finances even sometimes for daily life is difficult maybe not a problem, but they must be able to move to be able to improve their financial situation because they themselves can change it not other people or the government.

[Elissa~sH]

What do you think?

You make a good point. Saving and investing are two different things. One keeps the money earned for future use. No profit comes from saving money. Investment is to invest in something to get some profit.
Between savings and investment, investment should be the most important. Investing earns profit, and money invested earns a profit, but savings do not.

Saving is good, but investment is your first choice if you expect some profit from your savings.

[AirtelBuzz]

What do you think?

You make a good point. Saving and investing are two different things. One keeps the money earned for future use. No profit comes from saving money. Investment is to invest in something to get some profit.
Between savings and investment, investment should be the most important. Investing earns profit, and money invested earns a profit, but savings do not.

Saving is good, but investment is your first choice if you expect some profit from your savings.

People may save their earnings thinking about the future. But those among them who have no idea about investment save their earned money and deposit it in the bank. You say you have to invest to get some profit from your savings. Yes it is true that if people save their money without investing in anything then they cannot earn profit from it. And if people invest their savings in something then they will be able to earn a certain amount of profit from it.

But it may be our mistake to think that only profit will be earned by investing because investment involves risk. If one has a proper understanding of Cryptocurrencies and can analyze coins well then he should invest his savings in Bitcoin. Because investing in Bitcoin will provide much more security than depositing their savings in the bank or investing in anything else even they will be able to earn huge profits from investing in this Bitcoin at some point.

[junder]

It's true that saving is an important thing in life, because as far as I know, every parent must have taught their young children to save, because it is something that must be done and is also one way to survive if we can manage our finances well. . and with investment, of course, for people who already understand, they will definitely do it, but not everyone understands investment, while for saving, everyone definitely understands it. Also, in my opinion, saving is one of the requirements for investing.

That's the purpose of saving, by saving we will have savings that can help us in emergency situations such as accidents or needing medical expenses when we are sick. Actually, in my opinion, saving and investing are two things that are interrelated, it's just that investing is done more by people who really understand.

It is our obligation as parents to teach their children to save so that when they grow up and have income they can manage their finances properly and not spend the money they have on things they don't need so they can set aside some of their income for savings and I agree with that, to be able to invest, of course we have to be diligent in saving and we also have to be able to manage our finances well.

Having savings for emergency needs is very important for everyone to have so that we can meet these needs when we suddenly need these funds and don't have to bother thinking about these needs, yes, these two things will really help us in facing the future. which is better, but to invest, of course we must have knowledge about the investments we make so that we can carry them out well in preparation for the future.

That's right, because we have to have good money management when we are adults and have jobs that pay off. getting used to saving from a young age is a good habit, because when we grow up of course we have to be able to manage our finances well, don't let us have a job that pays off but we can't manage it well, like when we get a salary, because there is no management. Good money, salary is not managed well, like buying whatever we want, even though its role is not very important. Of course, people who are used to saving will set aside some of the money they earn to save, whether it's because they want to buy the item they want, or just in case.

That's right, we really have to pay attention to emergency funds, because we really need them, even though our condition is fine doesn't mean we don't have to think about it. even when we are in good condition we have to try hard to be able to make money and have savings and emergency funds because of course one way to prepare for the future also in my opinion is that we have to have emergency funds and savings, if for investment it is only carried out by people who really understand aspects related to investment, such as having knowledge about investment so that they don't experience big losses or can even avoid losses.

[leonair]

Well, in reality, not everyone is able to do it. Especially in lower developing countries where there are still many people who only have enough income to cover their daily living expenses. And they can't even set aside money to save or invest. This is because salaries are low in that country and the price of daily necessities is expensive there due to inflation. So implementing an investment and saving pattern and preparing an emergency fund can only be done if someone has a good income and still has plenty left over after meeting all their needs each month. And in developing countries, if we want to get a bigger income, the only solution is to become a successful businessman or have a side job outside of our main job. Because just relying on your main job will still not feel easy.

That's right, although saving money is mandatory, it's just that maybe some people don't do it because of their unstable financial situation, because there are people who have jobs and income but it's only enough to meet their daily needs, and because of that they can't set aside money to save let alone invest. But I think it's normal because everyone's finances are different, those who struggle to survive with unstable finances are already good.
I agree with you, saving and investing or preparing an emergency fund is only done by people who do have stable finances, for those who have inadequate finances even sometimes for daily life is difficult maybe not a problem, but they must be able to move to be able to improve their financial situation because they themselves can change it not other people or the government.

Unstable financial condition prevents us from saving because it becomes almost impossible to save to meet our daily expenses, the financial condition of the country and to meet the daily expenses of the family including ourselves. But when someone has the ability to save, instead of saving, he should invest that money somewhere so that he can get good returns from it, in addition to his savings, it will be possible to get a good profit too. that's why investment is better then servings

[YOSHIE]

Do you believe in savings or investment.

Both are assets, whether in the form of cash, gold, Bitcoin, property and so on, basically these two things are really needed by society.

Talking about trust, of course I have to trust both, savings and investment methods are different, but both have useful benefits for us, investment in hope for the future and savings is useful when we need it, if I had to choose I would choose both.

What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?

It depends on what investment is being programmed, from these funds, what is certain is that many people have carried out such programs, for example they invest in land.
Historical facts:
Someone buys land for around $1000. After five years the land is turned into a coal field/factory, the land is paid for in cash many times over $100k, that's a long term investment that was never expected.

No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

I don't dispute that, maybe it's common in some countries, unless they have a side job, like a business etc.

[NASdaq]

Investments is better option only if it can outperform inflation significantly. Without crypto i would rather spend everything asap

[Jody.Drummer]

That's right, although saving money is mandatory, it's just that maybe some people don't do it because of their unstable financial situation, because there are people who have jobs and income but it's only enough to meet their daily needs, and because of that they can't set aside money to save let alone invest. But I think it's normal because everyone's finances are different, those who struggle to survive with unstable finances are already good.
I agree with you, saving and investing or preparing an emergency fund is only done by people who do have stable finances, for those who have inadequate finances even sometimes for daily life is difficult maybe not a problem, but they must be able to move to be able to improve their financial situation because they themselves can change it not other people or the government.

Unstable financial condition prevents us from saving because it becomes almost impossible to save to meet our daily expenses, the financial condition of the country and to meet the daily expenses of the family including ourselves. But when someone has the ability to save, instead of saving, he should invest that money somewhere so that he can get good returns from it, in addition to his savings, it will be possible to get a good profit too. that's why investment is better then servings

Yes, of course everything must be based on a good balance, or what this means is that if for example we don't have a good income then obviously saving is an act that is difficult to do, not because we don't want to but because the situation and circumstances don't support it. We understand that saving is a smart way as a preventative measure to overcome and minimize unexpected problems someday, but however, for people who have low incomes, this is a difficult action to take.

Saving can only be done by people who have a fairly good level of income or more than the average in general, but it is not impossible for poor people to save but on condition that they must first think of various ways to increase their income. such as looking for additional work outside of their main job to increase their income and when that action is successful they can save, and also yes on the other hand we cannot force someone to prefer investing rather than saving friends, because everyone has their own point of view. For one thing, even though investing can be profitable, there are always some of them who are too afraid of the risks involved in investing so they might prefer to save.

[Elissa~sH]

But it may be our mistake to think that only profit will be earned by investing because investment involves risk. If one has a proper understanding of Cryptocurrencies and can analyze coins well then he should invest his savings in Bitcoin. Because investing in Bitcoin will provide much more security than depositing their savings in the bank or investing in anything else even they will be able to earn huge profits from investing in this Bitcoin at some point.

Yes, you are right. It is not wise to invest in bitcoin if you do not know how to do so. But it is better to invest money in the bank than make a profit by saving. There are many other types, but others, such as investing in a business or sharing, will bring good earnings.
If you are considering investing in cryptocurrencies, you can invest in good, stablecoins such as BTC, BNB, etc. Rex cannot be taken; if you invest in a good coin, you will get a profit.

[decodx]

Yes, you are right. It is not wise to invest in bitcoin if you do not know how to do so. But it is better to invest money in the bank than make a profit by saving. There are many other types, but others, such as investing in a business or sharing, will bring good earnings.

You make a fair point that Bitcoin's not for everyone, but sticking your cash in a traditional bank isn't exactly "investing" either. It's more like watching your money slowly lose value to inflation.  If you're serious about making your money grow, you gotta explore some actual investment options and do some digging, no matter what you choose!  There are many options out there, like investing in businesses, real estate, precious metals or even other cryptocurrencies, but blindly jumping into anything is not good.

[erep]

Yes, you are right. It is not wise to invest in bitcoin if you do not know how to do so. But it is better to invest money in the bank than make a profit by saving. There are many other types, but others, such as investing in a business or sharing, will bring good earnings.

You make a fair point that Bitcoin's not for everyone, but sticking your cash in a traditional bank isn't exactly "investing" either. It's more like watching your money slowly lose value to inflation.  If you're serious about making your money grow, you gotta explore some actual investment options and do some digging, no matter what you choose!  There are many options out there, like investing in businesses, real estate, precious metals or even other cryptocurrencies, but blindly jumping into anything is not good.

The impact of losses that many people experience is because they choose to save money in the bank for deposits and get low interest profits, even though they could choose other, more profitable ways to invest in gold, property, business, crypto and others. I was surprised to see that the price of gold has increased as if following the direction of the crypto market price which has increased drastically and if only people were as ready as they were to own both assets then they would have achieved maximum profits rather than saving money in the bank which would cause losses due to inflation.

[Bako97]

What I think is that they lack information about these investment ideas and for those who knows about them but still prefer to save their money may just be ignorant and unwise.

After going through the post and some replies, i see that including the "op" and some members support the motion that investments is the key to unlocking financial security.
They is a saying that goes thus; "if you want to be rich in life, invest/business, if you want to sustain your life, work for the government", to me, this is the much people needs to know about earning a lifestyle, then is left for them to pick which side they'll be on, because not everyone can withstand the rigor of investment.
My 2 cens.

[Cryptoprincess101]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?

The mistake most people make more especially salary earners is believing on savings, saving money is good if one have the motives of acquiring an asset later but in most cases, it is always difficult to maintain a consistent savings lifestyle due to things that might erupt in the future and maybe we use our savings to sort them out. Saving money continuously without planning on owning an investment is a very wrong approach to wealth creation so purchasing an asset is more likely to be productive because it increases in value from time to time so even if you want to sell them in the future, you will make some good profits from it.

Civil servants and some oil company workers always have wrong perception of their earning as they believe that after their retirement, they will use their retirement benefits to purchase an asset but this is a very wrong approach because you may retire and the benefits may not come soon then at that point those who don't have an investment to back them up begins to find it difficult.

[Dewiana]

I think both saving and investing are important, but they serve different purposes. Having a savings account creates a safety net for emergencies or short-term goals, it's easily accessible and low risk. Investing offers the potential for your money to grow over time, outpacing inflation. However, there is a risk of losing money.

There are wealthy teachers out there! They might be investing a portion of their income alongside saving. It's not about the profession necessarily but about financial strategy.

Trust because official savings have been guaranteed by the government both in terms of security and the price of the currency we save, but if we have a lot of wealth, don't save it all, also set aside investments that are somewhat related to our activities because investment increases the value of the currency. we have, perhaps this strategy is independent of each individual, but if at any time there is a threat then savings becomes the main alternative, because bank savings are guaranteed internationally, but there is also a risk that when inflation occurs the effect is still there

[atookz]

I believe both are very important. The purpose of saving is to save money for a short-time and for needs that are needed at any time. Usually, these savings are very liquid and most people save their money in instruments whose funds can be withdrawn at any time. For example, savings in a bank account. The ease of withdrawing money from an ATM is a choice for some people to save their money at the bank. Meanwhile, investment is saving a certain amount of money for long-term needs and is not money that is used for other needs. Usually people who invest will not withdraw their money in a short period of time and tend to place their money in rigid (illiquid) instruments.

[Furious 7]

The impact of losses that many people experience is because they choose to save money in the bank for deposits and get low interest profits, even though they could choose other, more profitable ways to invest in gold, property, business, crypto and others. I was surprised to see that the price of gold has increased as if following the direction of the crypto market price which has increased drastically and if only people were as ready as they were to own both assets then they would have achieved maximum profits rather than saving money in the bank which would cause losses due to inflation.

That's true, but sometimes many people don't think so and we can't blame them, any investment still has risks, such as gold which will drop in price slightly when we sell it and investing in land that cannot be sold immediately when we need money urgently and also investing in Crypto which has very fast price movements making it possible for us to experience losses or vice versa.
So every investment has risks and not everyone is ready for this so they choose to save their money.

And I think this is the reason why some people prefer to save rather than invest, none other than because they feel too worried about the possibility of risks that can occur at any time, so with a high level of worry and tension, they prefer to discourage themselves from any investment field. However, it is basically as you said that any type of investment will always have the possibility of risk in addition to the profit opportunities.

Of course everyone has their own point of view and perspective on whatever they find, and maybe there are always some people who really don't know what investment means which makes them prefer to save because they think that there is no other way to save money except saving, and there are also some people who are too afraid of possible risks. Everything always has its advantages and disadvantages as in the case of saving or investing and everyone has a different perspective and point of view, so only they can really decide about what is best to make a choice.

[Jody.Drummer]

I believe both are very important. The purpose of saving is to save money for a short-time and for needs that are needed at any time. Usually, these savings are very liquid and most people save their money in instruments whose funds can be withdrawn at any time. For example, savings in a bank account. The ease of withdrawing money from an ATM is a choice for some people to save their money at the bank. Meanwhile, investment is saving a certain amount of money for long-term needs and is not money that is used for other needs. Usually people who invest will not withdraw their money in a short period of time and tend to place their money in rigid (illiquid) instruments.

It's clear that both are equally important to be able to have, but I don't think everyone can invest because I think to invest, of course we have to have a certain amount of money to invest. In terms of saving, it can really help us meet our needs at any time, and I think It's true that everyone has to do saving, but there are people whose finances are very unstable, even just to meet their daily needs they usually always have a shortage and I don't think people like this can save even if they want to.

investments must be made over a long period of time, if they cannot hold it then they may be able to withdraw it in a short period of time but that is unlikely to produce a profit, because profitable investments are investments that are made over a long period of time. and not everyone can do this because it's not easy either.

[Stable090]

I believe both are very important. The purpose of saving is to save money for a short-time and for needs that are needed at any time. Usually, these savings are very liquid and most people save their money in instruments whose funds can be withdrawn at any time. For example, savings in a bank account. The ease of withdrawing money from an ATM is a choice for some people to save their money at the bank. Meanwhile, investment is saving a certain amount of money for long-term needs and is not money that is used for other needs. Usually people who invest will not withdraw their money in a short period of time and tend to place their money in rigid (illiquid) instruments.

Within their own protocols, they operate efficiently. They obviously collaborate with one other, even though one can cover for the other. Not only does saving money work best in emergency situations, but it also makes sense to save money for a down payment on a home or automobile, the decision of what to save for is entirely up to you. You own the money, so you can do with it whatever you like. If you look at banks there different type of account depending on the goal and if its a savings account how you operate the account is your choice you can have easy access to funds or even restrict it depending or how you want the whole thing to be. And if your saving for investment then you will know what step to take towards archiving that goal either saving or taking a loan but both saving and investment is important.

[junder]

Unstable financial condition prevents us from saving because it becomes almost impossible to save to meet our daily expenses, the financial condition of the country and to meet the daily expenses of the family including ourselves. But when someone has the ability to save, instead of saving, he should invest that money somewhere so that he can get good returns from it, in addition to his savings, it will be possible to get a good profit too. that's why investment is better then servings

Indeed, we must be able to meet our daily expenses, such as food, which must be prioritized because that is what can make us survive. With so many people in existence, of course every person or family has different finances. There are also those who have good finances. I don't think they also invest because even though they have good finances, that doesn't mean they can invest as much as they want without any knowledge. In my opinion, investing or saving has a role, namely risk.

Maybe it sounds like it's better to invest in order to make a profit in the future, but now we can see that with the many people here, even I don't understand investing well, maybe they have their own plans, whether it's saving that doesn't produce a profit or they do investment, but I think everyone can save if their finances are stable, whereas for those whose finances are unstable I don't think they will do it even though they have income but it is only enough to save and only fulfill their daily needs. then it will be difficult for them just to save money.

[erep]

The impact of losses that many people experience is because they choose to save money in the bank for deposits and get low interest profits, even though they could choose other, more profitable ways to invest in gold, property, business, crypto and others. I was surprised to see that the price of gold has increased as if following the direction of the crypto market price which has increased drastically and if only people were as ready as they were to own both assets then they would have achieved maximum profits rather than saving money in the bank which would cause losses due to inflation.

That's true, but sometimes many people don't think so and we can't blame them, any investment still has risks, such as gold which will drop in price slightly when we sell it and investing in land that cannot be sold immediately when we need money urgently and also investing in Crypto which has very fast price movements making it possible for us to experience losses or vice versa.
So every investment has risks and not everyone is ready for this so they choose to save their money.

Everyone has different financial management but the best option is savings and investment because these two are important points in stable financial management, the reason is because investment is for long-term asset management so it is not feasible for emergency needs, the right solution is to have cash savings for emergency needs so that we there is no need to sell investments unless we need high funds.

Although some people are not ready for investment risks because they do not have enough budget for investment, in fact there is no risk if they are ready to invest for the long term, for example the price of gold never falls drastically in the long term and the price guarantee continues to increase, another fact is that crypto prices Also never experience losses if you are ready to hold long term.

[Smack That Ace]

because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.

But do you only want to save for long-term goals, because usually people will save for short-term goals such as 3 or 5 years, and also to meet the needs of themselves and their families.

Actually when talking about the strength of value I don't think it matters whether it is long or short term because everything plays the same role where the value will definitely decrease whether it is for the long term or the short term which only ranges from a few years of therapy on the other hand we must be aware that even though for Fiat it is certain in terms of value it will decrease still we cannot let go of it even though it becomes a loss for us because after all it is a thing that must exist in the end considering the needs we have until now are still based on Fiat so inevitably it still has to exist and allows it to be owned so that the needs we need either unexpectedly or unexpectedly can still be anticipated quickly so that in the end saving money in Fiat still has to be done.

No offense, but I will say frankly that if you pay attention, only people who don't have a lot of money, those who are dreaming of huge profits from their small investments, say that saving is a waste, bad...I have never seen a rich person, billionaire or businessman say that saving is stupid or a bad idea.

Don't use the excuse of inflation, currency devaluation... and then say saving is a waste. If we have a plan to balance everything in life, we will see the importance of saving and investing.

[coinerer]

I believe both are very important. The purpose of saving is to save money for a short-time and for needs that are needed at any time. Usually, these savings are very liquid and most people save their money in instruments whose funds can be withdrawn at any time. For example, savings in a bank account. The ease of withdrawing money from an ATM is a choice for some people to save their money at the bank. Meanwhile, investment is saving a certain amount of money for long-term needs and is not money that is used for other needs. Usually people who invest will not withdraw their money in a short period of time and tend to place their money in rigid (illiquid) instruments.

Within their own protocols, they operate efficiently. They obviously collaborate with one other, even though one can cover for the other. Not only does saving money work best in emergency situations, but it also makes sense to save money for a down payment on a home or automobile, the decision of what to save for is entirely up to you. You own the money, so you can do with it whatever you like. If you look at banks there different type of account depending on the goal and if its a savings account how you operate the account is your choice you can have easy access to funds or even restrict it depending or how you want the whole thing to be. And if your saving for investment then you will know what step to take towards archiving that goal either saving or taking a loan but both saving and investment is important.

Yes if one thinks about his emergency moment then savings is much better than investment. Because savings can be used anytime anywhere in an emergency but money cannot be withdrawn from investments immediately in an emergency moment. Again savings will only save some money of a person's income but investment savings will serve as a source of income as well. So both are very important for us.  It is a better option to keep some savings for emergency use and invest the rest money

[red4slash]

Actually when talking about the strength of value I don't think it matters whether it is long or short term because everything plays the same role where the value will definitely decrease whether it is for the long term or the short term which only ranges from a few years of therapy on the other hand we must be aware that even though for Fiat it is certain in terms of value it will decrease still we cannot let go of it even though it becomes a loss for us because after all it is a thing that must exist in the end considering the needs we have until now are still based on Fiat so inevitably it still has to exist and allows it to be owned so that the needs we need either unexpectedly or unexpectedly can still be anticipated quickly so that in the end saving money in Fiat still has to be done.

No offense, but I will say frankly that if you pay attention, only people who don't have a lot of money, those who are dreaming of huge profits from their small investments, say that saving is a waste, bad...I have never seen a rich person, billionaire or businessman say that saving is stupid or a bad idea.

Don't use the excuse of inflation, currency devaluation... and then say saving is a waste. If we have a plan to balance everything in life, we will see the importance of saving and investing.

It doesn't matter because everyone has their own perception and when a billionaire doesn't say saving money is just an act of futility because they realise if they say that then they will indirectly destroy themselves with the statements they say so they are more careful to say a sesnistive thing like this because after all they must be aware that when they become someone rich then they can directly become an influencer for their followers so that all forms of what they say or do will be followed. However, they must be aware that when they become someone who is rich, they can indirectly become influencers for their followers so that all forms of what they say or do will be followed and once the mistake can actually have a fatal impact on themselves so that by looking at it it is very natural when they are careful to do or say a statement that will harm them.

Not saying that saving money is an action that will only reduce the value of the money they have does not mean they do not hate it but they have other options by developing the money they have because it doesnt only have to save . In fact even billionaires who still glorify fiat do not use their money just to save but they develop with business or investment even though they are not in crypto, they still invest in other forms and that is certainly not saving.

[GeorgeJohn]

Investment is the best option someone can venture into it and also make the profit but some people may prefer service than investing their money neither cryptocurrency or area state management we've all come venture into it in order to make a profit because I prefer investment more than savings for long-term, because a savings does not add values in your investment

[BD Technical]

Investments is better option only if it can outperform inflation significantly. Without crypto i would rather spend everything asap

I agree with your words, those who come to the platform, those who invest, must understand these things.  Not everyone can invest, many people don't have money, but many people don't have the courage, in that case, you have to invest, but if you do, you will never succeed.  But if you keep the investment, the keep is a little more and your time to lose money is more, but the chances of profit are the same, but the investment is more.  But in that case if those who go to invest can do their life or their business like outside Kipt you can fix or share any one in your business area or in your country.  However, investing according to the taste of each one, I am going as I am, let's see what can be done in the future.

[lixer]

But it may be our mistake to think that only profit will be earned by investing because investment involves risk. If one has a proper understanding of Cryptocurrencies and can analyze coins well then he should invest his savings in Bitcoin. Because investing in Bitcoin will provide much more security than depositing their savings in the bank or investing in anything else even they will be able to earn huge profits from investing in this Bitcoin at some point.

Yes, you are right. It is not wise to invest in bitcoin if you do not know how to do so. But it is better to invest money in the bank than make a profit by saving. There are many other types, but others, such as investing in a business or sharing, will bring good earnings.
If you are considering investing in cryptocurrencies, you can invest in good, stablecoins such as BTC, BNB, etc. Rex cannot be taken; if you invest in a good coin, you will get a profit.

Invest money in the bank? Since when did that become profitable? The commissions they provide on your deposits in a savings account are extremely low, it's better that you buy some asset store it privately, and sell it after a year, I'm pretty sure you will earn more profit than that.

Banks are not even good for savings these days because of the rising inflation and devaluation of the currencies of each country. It is better if a person keeps their money in another form instead of keeping them in fiat even if they are not willing to invest them or earn money with them and just want to save them for future emergencies and stuff because if your money lose purchasing power over time, that means you are losing your money slowly.

[Bobrox]

I am believing both of side between savings or investment, have saving help us when emergency situation and with investment could increasing more our assets in the future. Actually for people want to get high risk and high return not problem put all assets in investment and not really interested with saving money in the bank although get an offer by deposit around 5% until 8% each year.

Banks are not even good for savings these days because of the rising inflation and devaluation of the currencies of each country. It is better if a person keeps their money in another form instead of keeping them in fiat even if they are not willing to invest them or earn money with them and just want to save them for future emergencies and stuff because if your money lose purchasing power over time, that means you are losing your money slowly.

Currently, Bank not worth yet for saving money right now and better moving to gold or fiat to avoid from inflation values, bank got much advantage when our saving help them for borrowing to the other and getting loan interest. For people have much assets looking the other more profitable for saving your money if not avoid for investment.

[MiF]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

[nara1892]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

Some people who say that investing is better than saving are those who only see the benefits, while we should not ignore another aspect in the world of investment which can never be avoided completely, that is the possibility of loss, and if for example someone only says that investment is an intermediary to get a large profit in a short period of time without the possibility of loss then wouldn't most people prefer to invest instead of saving or working? of course, therefore we cannot only see one side of everything.

Everything that involves money usually tends to have a level of risk, which means that some people who prefer to save rather than invest have their own reasons, either they are afraid of losing money when the market crashes or they have absolutely no understanding of the world of investment or do not know how to invest. On the other hand, I understand that saving is indeed safer and maybe the risk is only a reduction in the value of money due to inflation over time, but I don't think we can conclude that investing is much better than saving because obviously investing has a level of risk that can sometimes be more significant than the profit opportunities, this is why people always recommend putting a budget amount that we can afford when we want to invest or trade, nothing but it is useful to minimize emotions or disappointment when it turns out that the market is falling which makes us experience losses in a certain time.

[junder]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

This is clear, because investment is something that can be profitable or can make the money we have increase if conditions are adequate, whereas saving cannot be profitable because the money saved will not increase unless we put the money back in ourselves.

Well, even so, I think saving also helps the investments made, now if we invest without having money saved or don't have savings then we might have difficulties at any time. now that we have enough money or sufficient income, we must be able to set aside that money for savings, the aim is to help us in dealing with something that is not predicted to happen, such as an accident or medical costs or other disasters. By having savings saved, we can overcome unexpected things with the savings we have. Now, if we have money and make investments but don't have savings or an emergency fund, there is a possibility that when something bad happens we can withdraw the investment we made even if it is at a loss or unprofitable because there is an urgent need that must be addressed, of course it requires money. For example, if we don't withdraw the investment we made by taking other methods, such as borrowing money, I don't think that's very good, therefore, if we really want to invest, we have to pay attention to other things so that it continues to run well.

[QuinielaPosible]

 Think of savings as your financial safety net, ready to catch you if life throws a curveball your way—like unexpected medical costs or an emergency car repair. On the other hand, investing is like planting a fruit tree, where your money grows over time, ideally outpacing inflation and increasing your wealth

[milewilda]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

Investment is much preferred because on the time that you do have that profitable investment or business then this is the time that you could really be able to have more savings because we do know on how
important savings is and it is really that something that you would really be needing. It is really just that there are people who do make use of their savings to be invested or would be making some business
on which this would really be a practical approach for you to be able to make yourself having that kind of chance to make more money but of course should really be also thinking up about the risks
that involved into it and not really just that sticking into its positive all the time.

It would really be just that depending on someone on how well they do stick into their plans because usually savings is usually been overlooked and forgotten. They would
really be only that minding on the time that they would really be experiencing some huge problems that involves emergency funds.

[eightdots]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

Investment is much preferred because on the time that you do have that profitable investment or business then this is the time that you could really be able to have more savings because we do know on how
important savings is and it is really that something that you would really be needing. It is really just that there are people who do make use of their savings to be invested or would be making some business
on which this would really be a practical approach for you to be able to make yourself having that kind of chance to make more money but of course should really be also thinking up about the risks
that involved into it and not really just that sticking into its positive all the time.

It would really be just that depending on someone on how well they do stick into their plans because usually savings is usually been overlooked and forgotten. They would
really be only that minding on the time that they would really be experiencing some huge problems that involves emergency funds.

This choice is directly related to how a person takes risks. Investing brings some risks, but the return can also be high. Saving is a different situation. Expectations dictate which of these options we choose.

This choice may change over time because there are times when we need to take risks. Sometimes it is preferred to save certain amounts without taking risks. Whichever we choose, it is extremely important to act with a specific plan and perform a risk analysis.

[shinratensei_]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

to be fair investing can't be done without chunk of money unused on your bank account, so the way is saving and then investing, but by doing saving only and not investing we must be ready to sacrifice some of our money to be eaten by inflation at first some people would try to spare their money of inflation through investment and they eventually find out that there are other investment option out there that are not just sparing from inflation but can also grow the money significantly then they change their position on that investment.

saving is not wrong either, considering that investment usually also have the risk that could potentially make our effort of making money turned into losing money instead, some people might not favour investment exactly because of that, they just don't want to risk their money in return of opportunity to grow it, but just be ready for the money to be rather stagnating in value consequentially.

[OrangeII]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

to be fair investing can't be done without chunk of money unused on your bank account, so the way is saving and then investing, but by doing saving only and not investing we must be ready to sacrifice some of our money to be eaten by inflation at first some people would try to spare their money of inflation through investment and they eventually find out that there are other investment option out there that are not just sparing from inflation but can also grow the money significantly then they change their position on that investment.

saving is not wrong either, considering that investment usually also have the risk that could potentially make our effort of making money turned into losing money instead, some people might not favour investment exactly because of that, they just don't want to risk their money in return of opportunity to grow it, but just be ready for the money to be rather stagnating in value consequentially.

Well, basically, both are very important. I can't even choose one because they are both really important. However, some people sometimes save without investing, and some people invest without saving. I think something like that can be done, but it's not optimal. However, if we only save, then in the future, after we lose our job or go bankrupt, saving can be a lifesaver, but when that savings runs out, then life may become difficult after that. Apart from that, if we only think about investing without saving, we could sell the assets we own when we need money in the future, because we don't really have savings. So, these two things need to be equally important.

[slapper]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

to be fair investing can't be done without chunk of money unused on your bank account, so the way is saving and then investing, but by doing saving only and not investing we must be ready to sacrifice some of our money to be eaten by inflation at first some people would try to spare their money of inflation through investment and they eventually find out that there are other investment option out there that are not just sparing from inflation but can also grow the money significantly then they change their position on that investment.

saving is not wrong either, considering that investment usually also have the risk that could potentially make our effort of making money turned into losing money instead, some people might not favour investment exactly because of that, they just don't want to risk their money in return of opportunity to grow it, but just be ready for the money to be rather stagnating in value consequentially.

You're partly right when you say that saving is safer than engaging in crazy things. That's the way a loser thinks, though. The money you save? Slow-bleeding is not a shield. That's the real enemy: inflation. It's taking away your money little by little, 1% at a time. You say buying is risky because you might lose everything. Certain risks exist, but that's just the nature of life. Every day you risk things

Not investing isn't a neutral choice. You are work to lose money because of inflation. In terms of money, it's like hiding under your bed while the world goes on. You can make your money WORK for you when you invest, not just avoid inflation. Of course there is risk. But you make it work. Don't risk everything; instead, spread your risk and make smart choices. The reward that might come? This is where the real wealth is. Wouldn't it be better to build something than watch your money go down?

[kawetsriyanto]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

If you can afford the loss of the money, investment is a good choice. But if you don't want to take a risk on the money, investment isn't the right choice for you. Sure, investment may double our money but it also can lose all the money. Don't only think about the potential of the profits but we must also think about the risks. That's why we can't rely on the investment only, savings sometimes is also needed to secure the reserved money in the future. Savings is different, it won't have the risk of loosing all the money. The value may decrease but it won't be very significant amount.

By the way, the purpose of saving and investment is different. When you save money, you won't think to double it but you plan to secure it for the future. Meanwhile investment, we must expect for profits. We don't want to put they money with no significant change in certain assets. So, saving and investment actually can't be compared because they have a different purpose.

[Dewi Aries]

to be fair investing can't be done without chunk of money unused on your bank account, so the way is saving and then investing, but by doing saving only and not investing we must be ready to sacrifice some of our money to be eaten by inflation at first some people would try to spare their money of inflation through investment and they eventually find out that there are other investment option out there that are not just sparing from inflation but can also grow the money significantly then they change their position on that investment.

saving is not wrong either, considering that investment usually also have the risk that could potentially make our effort of making money turned into losing money instead, some people might not favour investment exactly because of that, they just don't want to risk their money in return of opportunity to grow it, but just be ready for the money to be rather stagnating in value consequentially.

Well, basically, both are very important. I can't even choose one because they are both really important. However, some people sometimes save without investing, and some people invest without saving. I think something like that can be done, but it's not optimal. However, if we only save, then in the future, after we lose our job or go bankrupt, saving can be a lifesaver, but when that savings runs out, then life may become difficult after that. Apart from that, if we only think about investing without saving, we could sell the assets we own when we need money in the future, because we don't really have savings. So, these two things need to be equally important.

True both are indeed very useful because it does lead to almost the same goal which is to minimize the possibility that is not wanted someday like saving which is made as a budget to minimize something that is not wanted unexpectedly which forces us to spend some money to overcome the problem, and also for investment problems of course the goal is to generate profits in the future that will be able to improve the financial situation of our lives. But as you said that people sometimes only do one of them and in my opinion more people only save without investing than investing without saving because not everyone knows about what investment is and how to invest, and also not everyone really believes in the benefits generated from investment so that makes them prefer to save.

On the other hand after reading your review I can conclude that these two things are indeed very important to support the cost of living in the future by running both simultaneously, namely saving and investing, but I think not everyone is able to do both at once because not everyone has a good income in his life so maybe they don't even do both things because of the income factor that is only enough to meet the needs of daily life.

[knowngunman]

The problem is not everyone has the ability to invest and not everyone has the courage to invest when we all know that the results are not fixed and mostly we end up losing than yielding profits. That’s why a lot of us prefer saving more than investing despite of the fact that there is only little interest add to our savings.

I think we share similar idea on this issue. Sometime, we attempt to interfere with personal issues without considering one's state of mind. The issue of savings and investing are very personal decisions that depend on one's preference and comfortability. There's actually a great benefit attached to investment likewise the greater risk associated with it that not everyone can bear with it. Savings despite not adding much benefit, it's very stable and gives one peace of mind. Although inflation is making savings to be useless nowadays. Each of them have their advantages and shortcomings and one can weigh them to see the one they are comfortable with. If you are ready to bear the risk that comes with investment, then you can go for it and if savings gives you more happiness, you go for it. There is no point of convincing someone to choose one over the other.

What people need is the right education and more exposure to investment and its profits, so that people will be more motivated to take extra miles and take some risks than just staying in their comfort zone and gain nothing in the end.

You're right but this education should not be only limited to profits that comes with investment. It should cover both the benefits and challenges involved because people easily misinterpret things. I also believe that if people have knowledge about investment they won't mind taking the risk but people develop this uninterested attitude to learn about it due to the complex nature of financial education.

[legendbtc]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

As an investor, I don't deny that investing is better than saving, but I also won't exaggerate like you. I don't think making profits from investment is as easy as you say. Where are you investing to double your profits in a short time? And have you had success with it or have you just heard it from others? Because as I know, investing in bitcoin can bring high profits but I am also facing a lot of potential risks. In addition, it even took me 3 to 4 years to accumulate and hold bitcoins to make profits, I find things are not as easy as what you are saying. Or do you not invest in bitcoin and you have another investment that gives higher returns than bitcoin?

[nurilham]

As an investor, I don't deny that investing is better than saving, but I also won't exaggerate like you. I don't think making profits from investment is as easy as you say. Where are you investing to double your profits in a short time? And have you had success with it or have you just heard it from others? Because as I know, investing in bitcoin can bring high profits but I am also facing a lot of potential risks. In addition, it even took me 3 to 4 years to accumulate and hold bitcoins to make profits, I find things are not as easy as what you are saying.

Of course, an investor must choose investment. However, you are right that earning money from investment isn't so easy as people expect. Sometimes we lost money in investment because of varied factors. Although we can multiply money, we must remember that investment can lose our money, too. Even if many people can success in investment, it doesn't guarantee that we also should succeed in investment. So, we must have a realistic plan and target for investment. Don't rely on investment only to fulfill our necessities. In this matter, we need saving to deal with this situation. It is impossible if we must wait for the profits from investment only.

I think we need to have saving and investment together. We can't choose to focus on one of them because both are needed. Saving money for future needs is not a wrong way, it is a wise way to ensure the money in the future. But we also can't deny to invest some money for a better future. 

[Yukyzu]

Investment is good than saving money, because through investing we can double our money in just a short period of time, while in saving it takes a very long time to have a big savings because it is really hard to save when we have a lot of basic needs to buy so for me investment is more good than savings.

As an investor, I don't deny that investing is better than saving, but I also won't exaggerate like you. I don't think making profits from investment is as easy as you say. Where are you investing to double your profits in a short time? And have you had success with it or have you just heard it from others? Because as I know, investing in bitcoin can bring high profits but I am also facing a lot of potential risks. In addition, it even took me 3 to 4 years to accumulate and hold bitcoins to make profits, I find things are not as easy as what you are saying. Or do you not invest in bitcoin and you have another investment that gives higher returns than bitcoin?

To be able to make a profit from investing is not an easy thing, as we hear from people, of course you need a lot of knowledge and experience to be able to get a profit from the investment, because without experience and knowledge, of course it is not an easy thing to get. profit from the investment we make.
If we only listen to other people's experiences and try to invest, of course this is very risky, we will lose the assets we have and it would be better before deciding to invest in Bitcoin or whatever, of course it would be better for us to do in-depth research and have to understand well so they can do it right and can benefit from what they do.

[legendbtc]

As an investor, I don't deny that investing is better than saving, but I also won't exaggerate like you. I don't think making profits from investment is as easy as you say. Where are you investing to double your profits in a short time? And have you had success with it or have you just heard it from others? Because as I know, investing in bitcoin can bring high profits but I am also facing a lot of potential risks. In addition, it even took me 3 to 4 years to accumulate and hold bitcoins to make profits, I find things are not as easy as what you are saying.

Of course, an investor must choose investment. However, you are right that earning money from investment isn't so easy as people expect. Sometimes we lost money in investment because of varied factors. Although we can multiply money, we must remember that investment can lose our money, too. Even if many people can success in investment, it doesn't guarantee that we also should succeed in investment. So, we must have a realistic plan and target for investment. Don't rely on investment only to fulfill our necessities. In this matter, we need saving to deal with this situation. It is impossible if we must wait for the profits from investment only.

I think we need to have saving and investment together. We can't choose to focus on one of them because both are needed. Saving money for future needs is not a wrong way, it is a wise way to ensure the money in the future. But we also can't deny to invest some money for a better future. 

Yes, both are equally important and we should be well equipped with investments and savings. Savings are used for emergencies and urgent needs, while investing is to prepare for the future and build solid assets for the future. Don't let the temptation of investment profits make us greedy and ignore things like risks from those investments that we may also encounter. Because when we fall into crisis, we realize that saving is not as useless as we thought.

[Goalbtc]

Having money in the bank is good but having a profitable investment is much better. So, to me is more about investment rather than just saving, because saving add little or no interest on your money but investment in various sectors like example in the housing sector guarantees return on investment in the long run. So I go with investment over savings.

[JunaidAzizi]

Investmentt is better than saving money. When we save our money at the bank the bank invests our money and earns on our money and all profits go to the bank, instead, a person can invest his money by hand and take the benefits from it. But the problem is people do not understand this mindset at the beginning they are afraid of investment they think if they invest their ymmoneyhey might face loss and lose all their savings. This type of people cannot go upward, what if they give their money to the bank and the bank is robbed or burned due to fire, but still they take the risk, if you are taking the risk then at least make an investment which saves your money and gives profits as well.

[kawetsriyanto]

Having money in the bank is good but having a profitable investment is much better. So, to me is more about investment rather than just saving, because saving add little or no interest on your money but investment in various sectors like example in the housing sector guarantees return on investment in the long run. So I go with investment over savings.

If your purpose is for gaining money, investment is the choice. But we don't always expect for earning money, sometimes we are trying to secure money for the future. You need to understand that investment doesn't automatically gain profits, it has the risk of losing money. When you are not lucky or do the investment in careless way, you may have a chance to lose money. Meanwhile saving the money in bank will have no the risk of losing money as in the investment. You may pay for monthly fee in bank, but our money is safe in bank.

Anyway, just try to understand what the purpose of saving. It is not to get the interest, it to secure reserved money. So, don't compare the purpose of investment and saving!

[erep]

Having money in the bank is good but having a profitable investment is much better. So, to me is more about investment rather than just saving, because saving add little or no interest on your money but investment in various sectors like example in the housing sector guarantees return on investment in the long run. So I go with investment over savings.

If your purpose is for gaining money, investment is the choice. But we don't always expect for earning money, sometimes we are trying to secure money for the future. You need to understand that investment doesn't automatically gain profits, it has the risk of losing money. When you are not lucky or do the investment in careless way, you may have a chance to lose money. Meanwhile saving the money in bank will have no the risk of losing money as in the investment. You may pay for monthly fee in bank, but our money is safe in bank.

Anyway, just try to understand what the purpose of saving. It is not to get the interest, it to secure reserved money. So, don't compare the purpose of investment and saving!

The choice of saving in a bank is more guaranteed for financial security than investment if the purpose of saving is not to make a profit, but the negative effect of long-term saving in a bank can be the risk of losing the value of the currency due to ongoing global inflation, let's say the price of gold has now increased drastically and the impact of inflation has increased the price of gold depending on the local currency. This is influenced by the weakening of local currency exchange prices so that the decision to save money in the bank will be very risky. I still choose to allocate some of my savings to invest for the long term.

[angrybirdy]

Having money in the bank is good but having a profitable investment is much better. So, to me is more about investment rather than just saving, because saving add little or no interest on your money but investment in various sectors like example in the housing sector guarantees return on investment in the long run. So I go with investment over savings.

If your purpose is for gaining money, investment is the choice. But we don't always expect for earning money, sometimes we are trying to secure money for the future. You need to understand that investment doesn't automatically gain profits, it has the risk of losing money. When you are not lucky or do the investment in careless way, you may have a chance to lose money. Meanwhile saving the money in bank will have no the risk of losing money as in the investment. You may pay for monthly fee in bank, but our money is safe in bank.

Anyway, just try to understand what the purpose of saving. It is not to get the interest, it to secure reserved money. So, don't compare the purpose of investment and saving!

The choice of saving in a bank is more guaranteed for financial security than investment if the purpose of saving is not to make a profit, but the negative effect of long-term saving in a bank can be the risk of losing the value of the currency due to ongoing global inflation, let's say the price of gold has now increased drastically and the impact of inflation has increased the price of gold depending on the local currency. This is influenced by the weakening of local currency exchange prices so that the decision to save money in the bank will be very risky. I still choose to allocate some of my savings to invest for the long term.

Well said, There's a risk with both savings and investment that's why we need to think well on how we properly handle our money so it won't go to waste in the future. That's true that saving money in bank for long term will decrease it's market value due to inflation. For me, If we want long term plans about our money, we'll go for investment because there's a high probabilty of profit, but we shouldn't set aside having a savings, both of them is important when it comes to financial security.

[boty]

Investmentt is better than saving money. When we save our money at the bank the bank invests our money and earns on our money and all profits go to the bank, instead, a person can invest his money by hand and take the benefits from it. But the problem is people do not understand this mindset at the beginning they are afraid of investment they think if they invest their ymmoneyhey might face loss and lose all their savings. This type of people cannot go upward, what if they give their money to the bank and the bank is robbed or burned due to fire, but still they take the risk, if you are taking the risk then at least make an investment which saves your money and gives profits as well.

There is very little profit that we can get from saving the money we have in the bank, but if we have a good understanding of how banks work, of course we prefer to invest the money we have in the form of assets or other investments that are more profitable and those that If they don't have a good understanding of investment, they can choose the type of investment they want and learn about it so they can benefit from investment rather than saving their money in the bank, which will lose value when inflation occurs.

[Lanatsa]

Having money in the bank is good but having a profitable investment is much better. So, to me is more about investment rather than just saving, because saving add little or no interest on your money but investment in various sectors like example in the housing sector guarantees return on investment in the long run. So I go with investment over savings.

If your purpose is for gaining money, investment is the choice. But we don't always expect for earning money, sometimes we are trying to secure money for the future. You need to understand that investment doesn't automatically gain profits, it has the risk of losing money. When you are not lucky or do the investment in careless way, you may have a chance to lose money. Meanwhile saving the money in bank will have no the risk of losing money as in the investment. You may pay for monthly fee in bank, but our money is safe in bank.

Anyway, just try to understand what the purpose of saving. It is not to get the interest, it to secure reserved money. So, don't compare the purpose of investment and saving!

The choice of saving in a bank is more guaranteed for financial security than investment if the purpose of saving is not to make a profit, but the negative effect of long-term saving in a bank can be the risk of losing the value of the currency due to ongoing global inflation, let's say the price of gold has now increased drastically and the impact of inflation has increased the price of gold depending on the local currency. This is influenced by the weakening of local currency exchange prices so that the decision to save money in the bank will be very risky. I still choose to allocate some of my savings to invest for the long term.

Well said, There's a risk with both savings and investment that's why we need to think well on how we properly handle our money so it won't go to waste in the future. That's true that saving money in bank for long term will decrease it's market value due to inflation. For me, If we want long term plans about our money, we'll go for investment because there's a high probabilty of profit, but we shouldn't set aside having a savings, both of them is important when it comes to financial security.

Dont let yourself goes into a point that you would really be having that kind of regret specially on the time that you are on a tough situation specially in correlation with financial aspect or problems
just because you had made out yourself that being non caring about having savings or investment on which this one would really be causing up that kind of problem in the future.
We do know that there's no such thing about assurance thing into this world on where you would really be able to experience up those potential problems and you would be able to
need up some emergency funds. We do know that savings arent that for the sake of this matter but also it does give out that kind of back up when you do tend to make up some investment or making out
some business.

You would really be able to tell its relevance or its actual usage on the time that you do need it. It is really just that people are really just that neglecting this common stuff
and would really be just tending to have that kind of problem which ended up on having those regrets.

[dunfida]

Investmentt is better than saving money. When we save our money at the bank the bank invests our money and earns on our money and all profits go to the bank, instead, a person can invest his money by hand and take the benefits from it. But the problem is people do not understand this mindset at the beginning they are afraid of investment they think if they invest their ymmoneyhey might face loss and lose all their savings. This type of people cannot go upward, what if they give their money to the bank and the bank is robbed or burned due to fire, but still they take the risk, if you are taking the risk then at least make an investment which saves your money and gives profits as well.

There is very little profit that we can get from saving the money we have in the bank, but if we have a good understanding of how banks work, of course we prefer to invest the money we have in the form of assets or other investments that are more profitable and those that If they don't have a good understanding of investment, they can choose the type of investment they want and learn about it so they can benefit from investment rather than saving their money in the bank, which will lose value when inflation occurs.

Bank deposit or having that APY? it do only plays around 1-2% per annum which is shit. If we do speak only into those amounts like emergency funds then it would really be something that you would be able to
consider out and the rest of those funds should really be applied into something which is really more worth or you do know that it would really be something beneficial. This is why it would really be that best on having that kind of option so that you would really be having that opportunity to make some other source.Although you should be wary that not all risks taking investment or business would really be that successful.
This is the main reason on why people would really be just remaining on saving up without having those kind of further risky steps just because they cant be able to do such thing.

[AirtelBuzz]

I like and believe in saving and investing but both have their own perks and risks involved.I would say you get attached to either of these two and proceed accordingly with specific goal focus. We usually prefer to deposit our money in the bank for savings so that we get annual profit or gain from it. But there are many people who are willing to invest their money instead of depositing it in the bank because they think that investing instead of keeping the money in the bank can make more profit. I think investing is much more risky than keeping money in the bank because you can lose your entire money from investing. On the other hand, if the bank in which you put money for savings is robbed or goes bankrupt, then you may lose your savings. So if we are saving and investing we must or should do these two with the highest thought.

[Marvell1]

Having money in the bank is good but having a profitable investment is much better. So, to me is more about investment rather than just saving, because saving add little or no interest on your money but investment in various sectors like example in the housing sector guarantees return on investment in the long run. So I go with investment over savings.

If your purpose is for gaining money, investment is the choice. But we don't always expect for earning money, sometimes we are trying to secure money for the future. You need to understand that investment doesn't automatically gain profits, it has the risk of losing money. When you are not lucky or do the investment in careless way, you may have a chance to lose money. Meanwhile saving the money in bank will have no the risk of losing money as in the investment. You may pay for monthly fee in bank, but our money is safe in bank.

Anyway, just try to understand what the purpose of saving. It is not to get the interest, it to secure reserved money. So, don't compare the purpose of investment and saving!

That is an issue that many people do not understand clearly and make too lame comparisons. Obviously the roles of saving and investing are completely different, it's funny when people try to compare and think that investing is better than saving.

Most people save because they are planning for the unexpected or to secure reserves, no one is stupid enough to think that keeping money in the bank is a source of passive income. Meanwhile, investing will bring us a lot of profits but there will also be risks involved. We should stop comparing the two because they are basically indispensable necessities in life. A smart person will usually plan and prepare for both instead of choosing one or the other.

[Jody.Drummer]

I like and believe in saving and investing but both have their own perks and risks involved.I would say you get attached to either of these two and proceed accordingly with specific goal focus. We usually prefer to deposit our money in the bank for savings so that we get annual profit or gain from it. But there are many people who are willing to invest their money instead of depositing it in the bank because they think that investing instead of keeping the money in the bank can make more profit. I think investing is much more risky than keeping money in the bank because you can lose your entire money from investing. On the other hand, if the bank in which you put money for savings is robbed or goes bankrupt, then you may lose your savings. So if we are saving and investing we must or should do these two with the highest thought.

That's right, both have their positive and negative values. But for risk I think it is more likely to lead to investment, because with only one side, namely understanding or knowledge to invest, while to do saving in my opinion it does not require good knowledge and understanding. Therefore, before making an investment, you must have good thinking and knowledge.

When the savings money in the bank is lost because the bank is robbed as you said, they will indeed experience bankruptcy, but I think they don't seem to be silent, maybe they will replace our money that has been deposited in their bank.

[Xcode7]

I like and believe in saving and investing but both have their own perks and risks involved.I would say you get attached to either of these two and proceed accordingly with specific goal focus. We usually prefer to deposit our money in the bank for savings so that we get annual profit or gain from it. But there are many people who are willing to invest their money instead of depositing it in the bank because they think that investing instead of keeping the money in the bank can make more profit. I think investing is much more risky than keeping money in the bank because you can lose your entire money from investing. On the other hand, if the bank in which you put money for savings is robbed or goes bankrupt, then you may lose your savings. So if we are saving and investing we must or should do these two with the highest thought.

These are two different things and everyone doesn't always think about profits because sometimes people are afraid of not being able to have money immediately when they need it in a short time, I think that is a consideration for saving rather than investing.
Investing has a high level of risk and it is quite worth it with the possible profits that will be obtained and I think everyone knows and is aware of this, but for the choice between investing and saving, of course everyone has their own goals and desires.

[leonair]

I like and believe in saving and investing but both have their own perks and risks involved.I would say you get attached to either of these two and proceed accordingly with specific goal focus. We usually prefer to deposit our money in the bank for savings so that we get annual profit or gain from it. But there are many people who are willing to invest their money instead of depositing it in the bank because they think that investing instead of keeping the money in the bank can make more profit. I think investing is much more risky than keeping money in the bank because you can lose your entire money from investing. On the other hand, if the bank in which you put money for savings is robbed or goes bankrupt, then you may lose your savings. So if we are saving and investing we must or should do these two with the highest thought.

These are two different things and everyone doesn't always think about profits because sometimes people are afraid of not being able to have money immediately when they need it in a short time, I think that is a consideration for saving rather than investing.
Investing has a high level of risk and it is quite worth it with the possible profits that will be obtained and I think everyone knows and is aware of this, but for the choice between investing and saving, of course everyone has their own goals and desires.

People always run for profit but to make profit one must invest with risk. Profit is not possible without investment. And when you save it will only accumulate your small amount and it will not bring any profit. So if you want to profit and become rich, you must take risks. And to invest in various potential areas like business, real estate, gold silver etc. I am more motivated to invest on these than savings. because those are able to bring good profit

[boyptc]

When the savings money in the bank is lost because the bank is robbed as you said, they will indeed experience bankruptcy, but I think they don't seem to be silent, maybe they will replace our money that has been deposited in their bank.

There's a solution to this and that's through not depositing to a bank that's new to the business. But about those banks that have been in the industry for so long, you have no problem with them because they've got insurance if ever something unexpected comes.

And if they ever file for chapter 11, there's always the contingency plan that the customers will be insured with their money.

But the moral lesson here, don't deposit all of your money in the bank. And this plays the important role of Bitcoin and as they say "be your own bank".

[Negotiation]

Think of savings as your financial safety net, ready to catch you if life throws a curveball your way—like unexpected medical costs or an emergency car repair. On the other hand, investing is like planting a fruit tree, where your money grows over time, ideally outpacing inflation and increasing your wealth

If the financial goal is long term and if you can wait a long time to realize the profit from the investment then your investment may be worth it. As it allows you to build wealth for your next generation over time it also provides a guaranteed income for you and your spouse in retirement.

[boty]

Bank deposit or having that APY? it do only plays around 1-2% per annum which is shit. If we do speak only into those amounts like emergency funds then it would really be something that you would be able to
consider out and the rest of those funds should really be applied into something which is really more worth or you do know that it would really be something beneficial. This is why it would really be that best on having that kind of option so that you would really be having that opportunity to make some other source.Although you should be wary that not all risks taking investment or business would really be that successful.
This is the main reason on why people would really be just remaining on saving up without having those kind of further risky steps just because they cant be able to do such thing.

Leaving emergency fund savings is of course very important and we have to use these funds for things that we really need and don't let us use these funds for things that are not important, looking for several sources of income is very important if we still want to do it. investing in the future and it is true that this is very risky because we will never know before making an investment, but if we have a good understanding of the investment we are making, of course when we face problems when carrying out investments, of course we will be able to overcome them so that We don't experience big losses or we won't even experience losses because we can handle the problem well.

[Proty]

Investment is far more better than saving bcos with investment there will be constant cash flow while with saving de reverse is de case. investment is an asset while saving is not bcos with saving there is no cash flow .u cannot have savings without an investment bcos u have responsibility that is going to take up dis saved money.

[Hamphser]

Investment is far more better than saving bcos with investment there will be constant cash flow while with saving de reverse is de case. investment is an asset while saving is not bcos with saving there is no cash flow .u cannot have savings without an investment bcos u have responsibility that is going to take up dis saved money.

Its not reverse but rather it would really be something that will really be sitting idle on which we know that it would really be just that a wasteful thing if  you do really have this kind of aims that we should really be that aiming for earning for more. WE are living in a world on which inflation is inevitable and if you wont really be finding up yourself into something which is really that giving out that chance on trying to patch up that kind of problem then of course this is one of the common way or method.Although not all would really be risk takers and this is why they would really be choosing up savings rather than on
making out some investment or having that kind of business because they are aware on what are the risks that they would really be needing up to take but well this is really on someones choice.

[AnonBitCoiner]

There is very little profit that we can get from saving the money we have in the bank, but if we have a good understanding of how banks work, of course we prefer to invest the money we have in the form of assets or other investments that are more profitable and those that If they don't have a good understanding of investment, they can choose the type of investment they want and learn about it so they can benefit from investment rather than saving their money in the bank, which will lose value when inflation occurs.

There will be a greater profit for a person who invests money instead to save it therefore try to use your money to make more money instead of saving it because saving can reduce in value while investment can give you a good payback when needed.

People think differently so if someone doesn't want to take risks then they don't want to invest in things where there is also a possibility of loss as it's human nature that they want pure success without facing any difficulties. I think the more you face hardships the more you will be successful therefore don't be afraid of taking risks but take the risk and eliminate it through your efforts to make your future brighter.

[Cookdata]

Investmentt is better than saving money. When we save our money at the bank the bank invests our money and earns on our money and all profits go to the bank, instead, a person can invest his money by hand and take the benefits from it. But the problem is people do not understand this mindset at the beginning they are afraid of investment they think if they invest their ymmoneyhey might face loss and lose all their savings. This type of people cannot go upward, what if they give their money to the bank and the bank is robbed or burned due to fire, but still they take the risk, if you are taking the risk then at least make an investment which saves your money and gives profits as well.

Savings and investment are two different metrics and are not to be compare with each other but the reason why people often discuss it is that people save and think they are investing but doing that is total waste of value of your money because by the time inflation is done with you, the money will be worthless most especially if you are coming from a place where inflation is not minimize.

Savings is not to be confused with Investment, each of them has their own advantage. If you dare savings it should be for the purpose of keeping it for short period of time maximum less than a year and can be used at anytime, anything above a year it would have become less than the value you saves the money and price of things you have the money to use for might have increased.

Investment is money you are risking and you are not ready to use it for that particular time and you are looking forward to make interest after some time. Depending on the risk, you can make as much as high profits but with savings, you get nothing keeping the money, even the banks can't offer you anything because why would you accept interest rate of 3% per annum with inflation of 10%, that's a bad investment.

[livingfree]

People think differently so if someone doesn't want to take risks then they don't want to invest in things where there is also a possibility of loss as it's human nature that they want pure success without facing any difficulties.

They don't want to take risk and that's normal for some people. They want to play safe and investing isn't a thing to them but saving is.

I think the more you face hardships the more you will be successful therefore don't be afraid of taking risks but take the risk and eliminate it through your efforts to make your future brighter.

It's because those hardships that you have encountered gave you a lot of lessons. And with those lessons, you're applying them in your own life so that you become greater and better.

This is how the success people goes through with investing, it's hard but it's worth it. They all knew that money don't grow on trees.