Take care of your money and learn to save.

[Dewi Aries]

Nothing is bad in saving but saving for long term in a country where inflation is high is a very bad idea. It's not everything you must invest all your money into, you may need money for emergency purposes, you might need money for health related issues and even insurance, this is where savings help you but when you are saving for years, the money start to lose it's value because of inflation because what you save to buy this year can't be the same price the following year, the price would definitely increase.

Investment is the best of all, if you aiming for long term money value and savings, it's what you need and what you need to be able to buy what they are selling at lower price today and be able to buy tomorrow even when the price has double, a saving would need an extra money to be able to buy what you need when the time is right.

I really advocate saving money and I consider it more important than investing because it can help us in emergencies. But I have to agree with you, it is a bad idea for us to save long term because our currency is losing value every day even in countries with developed economies let alone countries with high inflation.
Regarding investment, we have many options and depending on each person's preferences, we can make appropriate choices. For those who prefer safety and stability, investing in gold or real estate will be a much better solution than long-term savings in fiat currency.

Yes maybe saving can also be useful to be used as an emergency fund to overcome problems that occur unexpectedly but on the other hand I can't choose or can't say about which one is more important between saving and investing, because of course both are quite important and recommended to do if you feel financially capable of doing so. But on the other hand, I think I would agree with what you said that saving money can make us lose the value of money because of inflation that can occur at any time and I think it is because of this that people prefer to allocate their money to investment, and yes for the problem of what type of investment they will choose basically for this problem really depends on their respective beliefs or beliefs, which usually maybe more of them see in terms of significant profits and for myself so far I am still maintaining my investment in Bitcoin while waiting for the halving phase in the next four years.

[dezoel]

however, this is also included in financial arrangements. Bad financial management will result in poor financial conditions. We do need to fulfill basic things such as paying for basic needs, saving, and so on. However, we also need to think about investment strategies. This will really help us in the future when we have no source of income. However, all aspects of finance are very important, we need to learn the basics so that we can meet all the necessary needs now and in the future.

That's clear, if you don't manage your money well then it will be difficult to save even though you have to. In general, people who don't have a job or income, maybe it's still natural that they can't save unless they force themselves to save by setting aside their pocket money. which he got from his parents. However, for those who already have a job and already have an income, they should be able to manage their finances well by being able to meet their basic needs and set aside some money for savings, even though there are those who only work for barely enough wages to meet their basic needs but don't there is no harm in trying for better results.

that's true, indeed investment can help us in the future, because investment can be done if you already have a good understanding, unfortunately only certain people do this even though they already have more than enough income but if they don't have the feeling to invest then don't If this happens, maybe they would prefer to save it in the bank, but that is also pretty good money management.

Everyone can't have savings and the reason is as you have mentioned, not earning enough money. A person who barely earns enough money to survive a full month can't set aside an amount from it for savings because you can't save money when your family is starving for food. Such people often borrow money from others to fulfill the basic needs of their family by the end of the month because their salary doesn't cover a full month.

Having savings is a privilege, someone who earns enough money to fulfil the basic needs of their household and still have some money left behind for savings is lucky because we live in an era where many people barely survive with the money they earn from their jobs which makes them do overtime or try to have multiple sources of income to fill the gaps.

[Marvell1]

Nothing is bad in saving but saving for long term in a country where inflation is high is a very bad idea. It's not everything you must invest all your money into, you may need money for emergency purposes, you might need money for health related issues and even insurance, this is where savings help you but when you are saving for years, the money start to lose it's value because of inflation because what you save to buy this year can't be the same price the following year, the price would definitely increase.

Investment is the best of all, if you aiming for long term money value and savings, it's what you need and what you need to be able to buy what they are selling at lower price today and be able to buy tomorrow even when the price has double, a saving would need an extra money to be able to buy what you need when the time is right.

I really advocate saving money and I consider it more important than investing because it can help us in emergencies. But I have to agree with you, it is a bad idea for us to save long term because our currency is losing value every day even in countries with developed economies let alone countries with high inflation.
Regarding investment, we have many options and depending on each person's preferences, we can make appropriate choices. For those who prefer safety and stability, investing in gold or real estate will be a much better solution than long-term savings in fiat currency.

Yes maybe saving can also be useful to be used as an emergency fund to overcome problems that occur unexpectedly but on the other hand I can't choose or can't say about which one is more important between saving and investing, because of course both are quite important and recommended to do if you feel financially capable of doing so. But on the other hand, I think I would agree with what you said that saving money can make us lose the value of money because of inflation that can occur at any time and I think it is because of this that people prefer to allocate their money to investment, and yes for the problem of what type of investment they will choose basically for this problem really depends on their respective beliefs or beliefs, which usually maybe more of them see in terms of significant profits and for myself so far I am still maintaining my investment in Bitcoin while waiting for the halving phase in the next four years.

But you need to distinguish that saving for emergencies is different from saving money over many years for the purpose of accumulating assets. Inflation and currency devaluation are extremely dangerous, but for short-term or emergency savings, devaluation is not too significant and not worth worrying about.

In addition, not every investment brings profit without risk, so you need to consider and allocate capital to invest appropriately. The mistake I see many people make is that because they are so eager to get rich, they don't have any savings and put all their money into investing. But they do not know that risk is always lurking behind and can attack them at any time, investing is not as easy and safe as they think.

[Jody.Drummer]

But you need to distinguish that saving for emergencies is different from saving money over many years for the purpose of accumulating assets. Inflation and currency devaluation are extremely dangerous, but for short-term or emergency savings, devaluation is not too significant and not worth worrying about.

In addition, not every investment brings profit without risk, so you need to consider and allocate capital to invest appropriately. The mistake I see many people make is that because they are so eager to get rich, they don't have any savings and put all their money into investing. But they do not know that risk is always lurking behind and can attack them at any time, investing is not as easy and safe as they think.

Maybe for people who really manage their finances very well and carefully, they can save money by sharing it, but in general I think they save only for unexpected things, such as medical treatment or dealing with disasters that occur, but even that is something that It's a good thing to do, because it's better like that than not saving at all. Of course we have to save for an emergency fund or something else. because of course life will not always be smooth, there are problems that must be solved using money as a tool.

It is true that not all investments can bring profits, there are times when losses occur and this is only natural because for profit or success of course there are failures that usually occur, but this can be minimized with our knowledge about investment, the better the knowledge, the smaller the risk of loss. . And you need to remember that investing is not as easy as turning the palm of your hand. Don't assume that investment will only produce profits, of course losses will also accompany it.

[NewRanger]

And if you see an old person who is starting to have difficulties in his old age, even though he used to be rich in his youth, it means that he did not invest his money so that his old age becomes more difficult.

People have different situation. Even if there are people who experience it, it doesn't always mean they didn't try to have investment or saving in his youth. They may already use all their saving or investment for a certain purpose. We don't know what the experience of each person, people sometimes have financial problems due to certain problem in their life. So, don't judge people easily!! 

That true. In terms of priorities and needs, of course, everyone is different, and I think there is a point, as you said, do not draw conclusions too quickly, although what has been equated by @wmaurik also has a basis as well.

I really agree why savings are needed where whatever our current condition as much as possible there is a little reserve for emergency funds and this is as the last alternative if you really want to be issued if indeed other solutions no longer exist without having to take loans to other people or apply for credit to banks and this is a win-win solution and as one of the best ways to protect yourself from unexpected situations.

[GigaBit]

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

In today's world money plays the most important role in managing people's lives. If one has money then he can do whatever he wants. Moreover, in personal life, there is no substitute for money, even if you survive in any bad situation. That is, without money, people are almost worthless. This means that not everyone will always have it. Even if one has money today, there is no guarantee that one will have it tomorrow.
To retain or save money, a person must take several steps so that he is able to retain his money naturally.

A person must have a good plan if he wants to save money. He needs to have an idea of how much money he can save apart from his monthly expenses. If you want to save money, you must stop spend in unnecessary things. You should also set your own goals. If there is any debt then that debt has to be paid. The area of income should be increased. A person will be able to make a big contribution in the retention of money if he takes a decision by observing the above mentioned points.

[Raflesia]

It is true that not all investments can bring profits, there are times when losses occur and this is only natural because for profit or success of course there are failures that usually occur, but this can be minimized with our knowledge about investment, the better the knowledge, the smaller the risk of loss. . And you need to remember that investing is not as easy as turning the palm of your hand. Don't assume that investment will only produce profits, of course losses will also accompany it.

I don't really agree on this because in the end investment should be about profit, not loss because why do something in vain. Meanwhile, when we make an investment but actually make a loss, that is not an investment because the essence of investment is for profit but we ourselves are unable to make the right choice and force things too much so that the investment we make ends up making a loss in the end.

Therefore it is important for us to do things according to plan so that what we do, including investment, actually puts us in misery and we can only do this if we don't rush in deciding something and of course We also have to be prepared with planning and all the possibilities that will definitely happen.
Be smart in choosing especially for investment because the investment system is for profit and enjoyment in the future, not to make ourselves feel trapped by what we do.

[Z_MBFM]

Nothing is bad in saving but saving for long term in a country where inflation is high is a very bad idea. It's not everything you must invest all your money into, you may need money for emergency purposes, you might need money for health related issues and even insurance, this is where savings help you but when you are saving for years, the money start to lose it's value because of inflation because what you save to buy this year can't be the same price the following year, the price would definitely increase.

Investment is the best of all, if you aiming for long term money value and savings, it's what you need and what you need to be able to buy what they are selling at lower price today and be able to buy tomorrow even when the price has double, a saving would need an extra money to be able to buy what you need when the time is right.

I really advocate saving money and I consider it more important than investing because it can help us in emergencies. But I have to agree with you, it is a bad idea for us to save long term because our currency is losing value every day even in countries with developed economies let alone countries with high inflation.
Regarding investment, we have many options and depending on each person's preferences, we can make appropriate choices. For those who prefer safety and stability, investing in gold or real estate will be a much better solution than long-term savings in fiat currency.

Yes maybe saving can also be useful to be used as an emergency fund to overcome problems that occur unexpectedly but on the other hand I can't choose or can't say about which one is more important between saving and investing, because of course both are quite important and recommended to do if you feel financially capable of doing so. But on the other hand, I think I would agree with what you said that saving money can make us lose the value of money because of inflation that can occur at any time and I think it is because of this that people prefer to allocate their money to investment, and yes for the problem of what type of investment they will choose basically for this problem really depends on their respective beliefs or beliefs, which usually maybe more of them see in terms of significant profits and for myself so far I am still maintaining my investment in Bitcoin while waiting for the halving phase in the next four years.

People save because any time he may face a danger in emergency time he can use his savings to solve his problem I agree with this. Many people also save for other purposes, such as living a better life in the future, saving money and investing somewhere. Because we are self-employed people, we cannot invest immediately even if we want to. to invest we have to manage funds that come from savings. so saving is very important in everyone's life. a person who can save money without misusing his money can be financially happy in his life......

[kawetsriyanto]

Yes maybe saving can also be useful to be used as an emergency fund to overcome problems that occur unexpectedly but on the other hand I can't choose or can't say about which one is more important between saving and investing, because of course both are quite important and recommended to do if you feel financially capable of doing so.

Since both saving and investment are necessary, why we must choose one of them?
If it is possible, I suggest to have both saving and investment. Saving will be aimed for reserved funds, investment has a target to earn profits. In this way, we won't be worried about having fresh money to use at any time and we also have the allocation in the investments for earning more money. I'm sure everyone will have both of them as long as they have enough money.

But on the other hand, I think I would agree with what you said that saving money can make us lose the value of money because of inflation that can occur at any time and I think it is because of this that people prefer to allocate their money to investment, and yes for the problem of what type of investment they will choose basically for this problem really depends on their respective beliefs or beliefs, which usually maybe more of them see in terms of significant profits and for myself so far I am still maintaining my investment in Bitcoin while waiting for the halving phase in the next four years.

In saving, we may lose the value of money but it won't be very significant. True, it is caused by the inflation, it is something unavoidable due to the worse situation of the world's economic and financial system. However, we can't rely on investment only to secure our financial. We don't forget that investment has a potential of losing money, too. Investment isn't a way to get profits automatically. Even, in investment, the chance to lose money is higher. Specifically for the investment with high risk such as crypto investment, we don't fully rely on it. Spreading the funds on some fields is the best way, including put some of the funds as saving. Bitcoin, real estate, lands, and gold are some options to diversify our wealth. Don't only maintain your wealth in Bitcoin although you understand the cycle! We need to have other sources, make sure to have 3-4 sources of our wealth.

[MissNonFall9]

Two valuable things are spending money on time because time produces money ‍and when a person has only one source of income, he will be more worried about his future and more interested in saving. But my point is that saving money for investment becomes essential for people from middle-class households. So they leave the small interests for the big interests. So their investment is initially a waste of time.

TBH, I don't really get your point. The post that you commented, it explained that we don't only focus on saving but we also must have investment. Saving doesn't multiply our money along with time, meanwhile investment is raising the value of the money along with time. That's why investment is also important for our future because we may need more money in the future for various reasons.

There is no harm when people invest their money on trusted things. People can add the number of their investment gradually, even a low and middle class people can have good amount of investment if they do it continuously. For example when you invest in Bitcoin, by using DCA you can grow your investment for the long term holding effectively. Even you only have small or limited funds, it can be good amount of funds if we are disciplined to do DCA. Finally, someday we may have good investment, it is about how we can do it persistent and disciplined! It is untrue if it only wastes time, it deserves to do because it surely results in good profits if we understand how to invest in the right way.

Sorry for not being able to explain clearly. What I mean is that people in middle-class households cannot invest in anything they want because their limited income makes it difficult to manage the household. Those who have only one income field have less income, so they have to save first if they want to invest. I am not saying they will save to earn good profit. They will save to raise investment capital.

[N.O]

It is true that not all investments can bring profits, there are times when losses occur and this is only natural because for profit or success of course there are failures that usually occur, but this can be minimized with our knowledge about investment, the better the knowledge, the smaller the risk of loss. . And you need to remember that investing is not as easy as turning the palm of your hand. Don't assume that investment will only produce profits, of course losses will also accompany it.

I don't really agree on this because in the end investment should be about profit, not loss because why do something in vain. Meanwhile, when we make an investment but actually make a loss, that is not an investment because the essence of investment is for profit but we ourselves are unable to make the right choice and force things too much so that the investment we make ends up making a loss in the end.

Therefore it is important for us to do things according to plan so that what we do, including investment, actually puts us in misery and we can only do this if we don't rush in deciding something and of course We also have to be prepared with planning and all the possibilities that will definitely happen.
Be smart in choosing especially for investment because the investment system is for profit and enjoyment in the future, not to make ourselves feel trapped by what we do.

Saving money is first step for investment in something. We should avoid over expenses and should spend our money on only useful things. If we will buy  luxury things and we will buy it on installment ,that is foolness. Man should make budget and he should research on good stocks where he should invest his money. But he should research on the business behind the stock, if he will his money blindly ,he will lose his money and then he will investment in stock is bad and he will advise every person not to buy the stock and keep the money in the bank that is bad idea with my personal experience.

[leonair]

It is true that not all investments can bring profits, there are times when losses occur and this is only natural because for profit or success of course there are failures that usually occur, but this can be minimized with our knowledge about investment, the better the knowledge, the smaller the risk of loss. . And you need to remember that investing is not as easy as turning the palm of your hand. Don't assume that investment will only produce profits, of course losses will also accompany it.

I don't really agree on this because in the end investment should be about profit, not loss because why do something in vain. Meanwhile, when we make an investment but actually make a loss, that is not an investment because the essence of investment is for profit but we ourselves are unable to make the right choice and force things too much so that the investment we make ends up making a loss in the end.

Therefore it is important for us to do things according to plan so that what we do, including investment, actually puts us in misery and we can only do this if we don't rush in deciding something and of course We also have to be prepared with planning and all the possibilities that will definitely happen.
Be smart in choosing especially for investment because the investment system is for profit and enjoyment in the future, not to make ourselves feel trapped by what we do.

Saving money is first step for investment in something. We should avoid over expenses and should spend our money on only useful things. If we will buy  luxury things and we will buy it on installment ,that is foolness. Man should make budget and he should research on good stocks where he should invest his money. But he should research on the business behind the stock, if he will his money blindly ,he will lose his money and then he will investment in stock is bad and he will advise every person not to buy the stock and keep the money in the bank that is bad idea with my personal experience.

Savings is your friend in bad times because you can earn a lot of money by working or doing business when you are young but you will not have that ability when you are old. That's why you need to reduce waste of money in your youth and make savings so that they can support you financially in your later years. In this case, you can keep your savings in an asset, in which case the value of that asset will increase over time, so you will not lose the value of your savings.

[batang_bitcoin]

Sorry for not being able to explain clearly. What I mean is that people in middle-class households cannot invest in anything they want because their limited income makes it difficult to manage the household. Those who have only one income field have less income, so they have to save first if they want to invest. I am not saying they will save to earn good profit. They will save to raise investment capital.

It's sad that from the poor to middle class are dealing with the same thing but obviously, the poor is the one that's struggling more. While before and several years ago, the middle class can live a lavish life without having any problem at all. And now, this seem to be the new poor description by being in the middle income earners. But there are a lot of middle class that are wise with what they earn and learned how to save and to invest properly so that they won't downgrade their lifestyles in the future.

[Vinaa77]

Savings is your friend in bad times because you can earn a lot of money by working or doing business when you are young but you will not have that ability when you are old. That's why you need to reduce waste of money in your youth and make savings so that they can support you financially in your later years. In this case, you can keep your savings in an asset, in which case the value of that asset will increase over time, so you will not lose the value of your savings.

Doing work until old age I think is very difficult because old age will limit us from doing activities like when we were young and deciding to save at a young age of course this will prepare us for a better old age and we will also be able to enjoy together with our family in the future, reducing expenses that we don't need at a young age, this will be very beneficial for us and we can use the money to save and we can even make investments because by investing in assets that have good potential, of course this will making these assets profitable with prices continuing to increase.

[harapan]

People's financial situation is not always the same as we have enough money now but in the future we may not have enough money to spend. Now we have enough money so now I will go out of my way to spend money as I want for no reason then later when I don't have enough to spend but no one else will give me money to spend. It is a fact that as long as you have money and as long as you spend money behind others people will speak for you and people will be with you but if one day you want to walk with them without spending money then you will find no one to walk with. Since money brings people closer and money drives people away, money should be given the most importance. 

The amount of money that we are earning now is divided into several parts and the remaining money is the money but if we want we can invest or save so that if there is a financial crisis in the future but this saved money will support us well. 

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

Whether or not you're always should be concerned with saving money,you don't necessarily need to be a billionaire but its important to have money saved for the future,I mean a good sum of money.Whatever happens,you need to be responsible for whatever you earn and save/invest,ensure that you still have enough money for the future that'll cover your unexpected expenses.

The sooner you start shaving your, money, the more likely it is that you’ll never face a lack of money or financial stress.Everyone recognize s money as valuable,since money is always importants,its crucial to make plans so you will always have enough;therefore,earn money,save money,invest and take a responsible approach towards acquiring and saving money without allowing it to cause you problems in your life.

[Awak Bambi]

It's sad that from the poor to middle class are dealing with the same thing but obviously, the poor is the one that's struggling more. While before and several years ago, the middle class can live a lavish life without having any problem at all. And now, this seem to be the new poor description by being in the middle income earners. But there are a lot of middle class that are wise with what they earn and learned how to save and to invest properly so that they won't downgrade their lifestyles in the future.

Currently it is quite difficult to save and invest, and this does not mean that we have to be wise in thinking about finances for the future, but the current economy of society is very difficult, especially for those at the bottom who work as farmers or fishermen, let alone saving for their needs. everyday life, even now it is difficult, because market prices are uncertain, how do they think about retirement benefits in the future? They don't know what day it will happen.

This is what our society is currently experiencing, the current economy makes it impossible for some of us to think about a more beautiful future, because our income is uncertain.

[Andrija Branislav]

Whether or not you're always should be concerned with saving money,you don't necessarily need to be a billionaire but its important to have money saved for the future,I mean a good sum of money.Whatever happens,you need to be responsible for whatever you earn and save/invest,ensure that you still have enough money for the future that'll cover your unexpected expenses.

That's right, by saving the percentage of becoming a billionaire is very small, it also means capital and that is very far from my mind. Indeed, becoming a billionaire is a dream but it has to be done through effort which is not easy and of course if we don't have activities that are able to generate large profits every month, but, in my opinion, it is difficult.

The most positive thing about essence savings for me is that there are funds that can be withdrawn if we are in a weak condition. Whether the economic condition is weak or critical, at that time this needs to be handled quickly so that it can be resolved.

[lizarder]

The amount of money that we are earning now is divided into several parts and the remaining money is the money but if we want we can invest or save so that if there is a financial crisis in the future but this saved money will support us well. 

I prefer to allocate more money in investment and business than saving in the bank, even though savings are also important because we don't know when we will need money for urgent needs. We must be able to regulate this percentage optimally because without a concept in running our lives we will never be able to adapt to conditions that are much worse.

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

Being stingy also has a measure and that must be differentiated because the most important thing is that we are not so stingy when it comes to matters of need. If we are stingy about spending money on unnecessary needs, that's good and maybe it's not stingy. Rather, we adjust our needs and expenses so that we can make adjustments to financial problems.

The aim is to provide the right decisions in the future and we are not faced with problems when economic conditions become worse. Without a plan we are unable to prepare for a much better life and instead we will be faced with problems in the future.

[Moeda]

People's financial situation is not always the same as we have enough money now but in the future we may not have enough money to spend. Now we have enough money so now I will go out of my way to spend money as I want for no reason then later when I don't have enough to spend but no one else will give me money to spend. It is a fact that as long as you have money and as long as you spend money behind others people will speak for you and people will be with you but if one day you want to walk with them without spending money then you will find no one to walk with. Since money brings people closer and money drives people away, money should be given the most importance. 

The amount of money that we are earning now is divided into several parts and the remaining money is the money but if we want we can invest or save so that if there is a financial crisis in the future but this saved money will support us well. 

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

Yes, when we have money, spend it as we wish. At least if we don't have money in the future we won't feel disappointed in ourselves for not buying what we want when we have lots of money.

Having lots of friends when you have a lot of money is normal, or not having friends when you don't have money is also normal, so there's no need to be surprised or overly prejudiced. What's unfortunate is that when people have a lot of money but no friends, everyone stays away from us, so we need to worry about our fate in the future even though we have a lot of money.

So don't think that when people approach us because we have a lot of money. If you go on a trip, and you invite your friend, while on the trip ask whether your friend brought money. I made sure that he brought his own money even though you invited him. This means that your friend doesn't fully expect you to pay.

[Dewi Aries]

Yes maybe saving can also be useful to be used as an emergency fund to overcome problems that occur unexpectedly but on the other hand I can't choose or can't say about which one is more important between saving and investing, because of course both are quite important and recommended to do if you feel financially capable of doing so. But on the other hand, I think I would agree with what you said that saving money can make us lose the value of money because of inflation that can occur at any time and I think it is because of this that people prefer to allocate their money to investment, and yes for the problem of what type of investment they will choose basically for this problem really depends on their respective beliefs or beliefs, which usually maybe more of them see in terms of significant profits and for myself so far I am still maintaining my investment in Bitcoin while waiting for the halving phase in the next four years.

But you need to distinguish that saving for emergencies is different from saving money over many years for the purpose of accumulating assets. Inflation and currency devaluation are extremely dangerous, but for short-term or emergency savings, devaluation is not too significant and not worth worrying about.

In addition, not every investment brings profit without risk, so you need to consider and allocate capital to invest appropriately. The mistake I see many people make is that because they are so eager to get rich, they don't have any savings and put all their money into investing. But they do not know that risk is always lurking behind and can attack them at any time, investing is not as easy and safe as they think.

There are people who can share their finances, but I think this is done by people who are very good at managing their finances, but saving for anything is of course a good action because not everyone can do that, of course there are people who already have an income. but they can't save their money, even for an emergency fund, they can't do it, because everyone's income is different and maybe with those who can't save for the long term, I don't think it's a problem, even with those who can't save for an emergency fund, maybe that's because they have sufficient and limited income.

If we really want to invest, of course we have to be able to consider everything first, such as risks or aspects that must be prepared before investing, such as having savings outside of investment or emergency funds, because of course the investment we make also has its own risks, such as losses that could occur if we don't. have a good understanding or knowledge in investing.