Take care of your money and learn to save.

[Strongkored]

Honestly, this is one of the right answers I've been looking for. It's not easy if you continue to consume theories that are sometimes quite floating. I agree more that someone must understand the basics of managing finances so as not to fall into a vicious circle. I don't have many sources of income, but even though I only have one source, I want to set aside some savings to meet urgent needs in the future. However, investment is also good but doesn't seem suitable for some people who have minimal sources of income.

It is indeed a big challenge for people who have limited income to invest, because it is impossible for people who cannot fully fulfill all their main needs to set aside income to start investing, so the main key to being able to start investing is when their income has met all their main needs and there is still some remaining percent that we can ultimately allocate to investing, that's why lower middle class people will have difficulty improving their lives, unless they can get out of low income and start managing their finances well so that their lives become better.

[erep]

Honestly, this is one of the right answers I've been looking for. It's not easy if you continue to consume theories that are sometimes quite floating. I agree more that someone must understand the basics of managing finances so as not to fall into a vicious circle. I don't have many sources of income, but even though I only have one source, I want to set aside some savings to meet urgent needs in the future. However, investment is also good but doesn't seem suitable for some people who have minimal sources of income.

It is indeed a big challenge for people who have limited income to invest, because it is impossible for people who cannot fully fulfill all their main needs to set aside income to start investing, so the main key to being able to start investing is when their income has met all their main needs and there is still some remaining percent that we can ultimately allocate to investing, that's why lower middle class people will have difficulty improving their lives, unless they can get out of low income and start managing their finances well so that their lives become better.

The main obligation must be to meet routine monthly expenses for basic needs, because managing savings is not an obligation for everyone for different economic classes. They may be able to set aside part of their income for savings even though the allocation of savings is not routine from monthly income, but those with low incomes must get out of the safe zone to increase higher income because the need for funds to buy basic necessities is increasingly expensive.

Relative poverty data from various countries is getting worse due to the impact of the global economy experiencing inflation which influences various aspects of price and service increases.

[Lantind]

The main obligation must be to meet routine monthly expenses for basic needs, because managing savings is not an obligation for everyone for different economic classes. They may be able to set aside part of their income for savings even though the allocation of savings is not routine from monthly income, but those with low incomes must get out of the safe zone to increase higher income because the need for funds to buy basic necessities is increasingly expensive.

Relative poverty data from various countries is getting worse due to the impact of the global economy experiencing inflation which influences various aspects of price and service increases.

To be able to have savings, of course we have to be able to manage our finances well and we have to be able to meet our main needs and set aside some of the income we have so that we can save and it is difficult for those with low incomes to be able to manage their finances well and look for other sources of income. Of course it is very important if we still have low incomes, as you said, it is absolutely true that the price of basic needs continues to increase and it is difficult for those of us with low incomes to fulfill them and one solution is just to have several sources of income to be able to meet the basic needs we need.

[arufox]

Saving is something that is very necessary for future needs. I myself have been doing it for several years and until now. As much as possible, I not only save but also invest. I usually set aside 10% of my salary to invest in Bitcoin so that at retirement age I don't run out of money. The money will continue to flow even if I don't work because I already have savings and income from investments.

[Jody.Drummer]

Saving is something that is very necessary for future needs. I myself have been doing it for several years and until now. As much as possible, I not only save but also invest. I usually set aside 10% of my salary to invest in Bitcoin so that at retirement age I don't run out of money. The money will continue to flow even if I don't work because I already have savings and income from investments.

That's right, indeed for a good future of course saving is one of the things that must be considered, of course saving is something that must be done, even I think most parents will definitely educate their children to save. Preparing for the future depends on ourselves, if indeed we can do good things then the future can be good. Because I also think saving helps us when we are in an urgent situation, such as illness or disaster, of course when we are in that position there will be costs that may be a lot to be incurred and that can be handled with the money saved.

It is true that investment is good, especially if we can understand investment well in terms of knowledge. With you doing that setting aside 10% of the salary you get is good, because you can do both and of course that's good, I think you have more than enough income so you can do both. But is it done consistently?

[Lanatsa]

Saving is something that is very necessary for future needs. I myself have been doing it for several years and until now. As much as possible, I not only save but also invest. I usually set aside 10% of my salary to invest in Bitcoin so that at retirement age I don't run out of money. The money will continue to flow even if I don't work because I already have savings and income from investments.

That's right, indeed for a good future of course saving is one of the things that must be considered, of course saving is something that must be done, even I think most parents will definitely educate their children to save. Preparing for the future depends on ourselves, if indeed we can do good things then the future can be good. Because I also think saving helps us when we are in an urgent situation, such as illness or disaster, of course when we are in that position there will be costs that may be a lot to be incurred and that can be handled with the money saved.

It is true that investment is good, especially if we can understand investment well in terms of knowledge. With you doing that setting aside 10% of the salary you get is good, because you can do both and of course that's good, I think you have more than enough income so you can do both. But is it done consistently?

Saving at the same time you would really be making some investments as well because we do know that cash or fiat is something that been affected with inflation on which year by year which your purchasing power would really be that be mainly affected. On the moment that you do keep on saving up and doesnt have any other established business or investment then you would be having a hard time on trying out to sustain at least. Well, it would really be just that depending on someones preference and thinking on how they would really be handling up themselves in speaking about future things or goals and point of view.
Some people doesnt really that think about on saving on the moment that they are on a good condition or on the moment that they do know that they are making money or earning sufficient.
This is why on the moment that they would be experiencing some hardship when it comes to finances then this is the moment that they would really be considering on saving up but well its already late
but still not that very too late. 

[Bobrox]

That's right, indeed for a good future of course saving is one of the things that must be considered, of course saving is something that must be done, even I think most parents will definitely educate their children to save. Preparing for the future depends on ourselves, if indeed we can do good things then the future can be good. Because I also think saving helps us when we are in an urgent situation, such as illness or disaster, of course when we are in that position there will be costs that may be a lot to be incurred and that can be handled with the money saved.

It is true that investment is good, especially if we can understand investment well in terms of knowledge. With you doing that setting aside 10% of the salary you get is good, because you can do both and of course that's good, I think you have more than enough income so you can do both. But is it done consistently?

For beginner need to understand well about which one good side for investing assets but they can start by saving money firstly as in the bank or use other platform ways. I think good ideas when spending 10% as salary for saving assets indeed hold it in the bank or put as investment assets depend our skill understand well about more increasing investment way or not. Usually all parent hold their saving money in the bank although get inflation values but most of them lack knowledge about the most worth of investment way than saving money in the bank without increasing yet.

Saving is most crucial aspect can help us in the future or getting emergency situation, most of us difficult get loan at the other when having urgent needed but prepare saving money will more useful one day later.

[Mr.sprin]

Saving is something that is very necessary for future needs. I myself have been doing it for several years and until now. As much as possible, I not only save but also invest. I usually set aside 10% of my salary to invest in Bitcoin so that at retirement age I don't run out of money. The money will continue to flow even if I don't work because I already have savings and income from investments.

Yes, savings are a way for our security in the future, savings are really needed for us because after all we have to have enough savings for our old age, don't let us have to work again in our old age, from now on we have to think about create our savings which we will later use in our old age, because when we are old we no longer have to work like when we were young now, have several assets to support our life in the future, by investing from the present for our security in our old age, because it is very sad when we have to continue working in our old age, now there is still time for us to set aside little by little from our income to guarantee our old age.

[AnonBitCoiner]

Saving is something that is very necessary for future needs. I myself have been doing it for several years and until now. As much as possible, I not only save but also invest. I usually set aside 10% of my salary to invest in Bitcoin so that at retirement age I don't run out of money. The money will continue to flow even if I don't work because I already have savings and income from investments.

Saving should be started as early as possible because when you know the importance of saving from an early age then with the passage of time you will also know the importance of investment but if you are ignoring the value of saving then you will never be able to manage your expenses and earn an extra amount through investment.

One should fix a certain percentage for saving because without planning for your salary neither you will save money nor you will be able to sustain a plan for daily uses therefore make a plan before doing anything. If we have missed the chance to save early so we can save now but it is important to share the idea of saving with our children so they will not face any trouble in future.

[Huppercase]

Saving is something that is very necessary for future needs. I myself have been doing it for several years and until now. As much as possible, I not only save but also invest. I usually set aside 10% of my salary to invest in Bitcoin so that at retirement age I don't run out of money. The money will continue to flow even if I don't work because I already have savings and income from investments.

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.

[Ben Barubal]

Honestly, this is one of the right answers I've been looking for. It's not easy if you continue to consume theories that are sometimes quite floating. I agree more that someone must understand the basics of managing finances so as not to fall into a vicious circle. I don't have many sources of income, but even though I only have one source, I want to set aside some savings to meet urgent needs in the future. However, investment is also good but doesn't seem suitable for some people who have minimal sources of income.

It is indeed a big challenge for people who have limited income to invest, because it is impossible for people who cannot fully fulfill all their main needs to set aside income to start investing, so the main key to being able to start investing is when their income has met all their main needs and there is still some remaining percent that we can ultimately allocate to investing, that's why lower middle class people will have difficulty improving their lives, unless they can get out of low income and start managing their finances well so that their lives become better.

     You know what you're saying is true, because that's where you can measure how you budget the money you have, especially if you're a family person and you're the only breadwinner in your family. That's why having a regular job is not enough; that's why most people are still looking for other extra incomes just to sustain their other costs in life.

     Then, if you're going to enter the crypto business industry without a stable income, you're going to have a bit of a hard time at the beginning. It seems like it can create or even give us stress, but this is also where you can really measure how capable we are of finding a way to get money. .

[Riginac111]

Some people whom is management is people that cry at the old age when you are young and you are seeing money everyday it is left for you to manage the money well knowing that nothing come every time and did nothing lasts forever when you fail to plan well then you fell to achieve well in your old time that is what I have to tell you people so that you can understand that having a reserve is most important thing that a man supposed to do

[Stablexcoin]

The main obligation must be to meet routine monthly expenses for basic needs, because managing savings is not an obligation for everyone for different economic classes. They may be able to set aside part of their income for savings even though the allocation of savings is not routine from monthly income, but those with low incomes must get out of the safe zone to increase higher income because the need for funds to buy basic necessities is increasingly expensive.

Relative poverty data from various countries is getting worse due to the impact of the global economy experiencing inflation which influences various aspects of price and service increases.

To be able to have savings, of course we have to be able to manage our finances well and we have to be able to meet our main needs and set aside some of the income we have so that we can save and it is difficult for those with low incomes to be able to manage their finances well and look for other sources of income. Of course it is very important if we still have low incomes, as you said, it is absolutely true that the price of basic needs continues to increase and it is difficult for those of us with low incomes to fulfill them and one solution is just to have several sources of income to be able to meet the basic needs we need.

We shouldn't manage our savings like to tap into it gradually. Saving is meant to do a particular thing once and not for daily or weekly catering expenses. What should be tapped into is the mecellinous. Which is the money that we keep aside for little and minor expenses after taking care of our monthly needs, emergency funds, and investments.

Savings can be money we gather after a while that we use to start a business or achieve one or two properties. It could be appliances, or landed properties to mention a few.

[Negotiation]

Actually many people does not know how to save money both of them know how to spend the money so what we successful in life will have to learn have to keep saving money in different way because my you have money I'm the after everything you does not have money again it remains a man to be depressed in life and they eat also shortcut to the life of any living soul so so keeping your money and a good conduct will make you not to fall

After a certain time man cannot earn much money if he wants. So he should also plan to retain his money during the period in which he will be able to earn money. Holding money is not a simple task. For some it may be easy to earn money but he cannot retain money and for some it is difficult to earn money. If one wants to earn money as well as keep it, he must educate himself accordingly. You have to prepare yourself that way. After earning, they can't progress much if they spend it recklessly. For this they must make some sacrifices. Focus well on how to keep your saved money and how you spend it.

It is true that many people can't hold on to money that actually costs money but it is very important to save money for a better future. So that if there is any money problem in the future that problem can be removed with the money saved. The religion of money is like a fluid easily out of hand. And we waste without knowing it so the first thing to do after getting the money in hand should be to identify where the unnecessary expenses are.

[Marvell1]

Saving is something that is very necessary for future needs. I myself have been doing it for several years and until now. As much as possible, I not only save but also invest. I usually set aside 10% of my salary to invest in Bitcoin so that at retirement age I don't run out of money. The money will continue to flow even if I don't work because I already have savings and income from investments.

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.

[NewRanger]

There are always daily needs and other unexpected needs. This is where we need to apply money management properly and carefully, if we remember and frugality, it does not mean that we are stingy, so for us to live it will be easy.

Maybe everyone also knows cryptocurrency gives us more opportunities when compared to other places, but the risk is also higher but the current economic conditions make it difficult for many people to increase income except those who already have a monthly salary and even then often still not optimally meet the routine monthly needs if you want to invest in crypto or others.

[wmaurik]

Some people whom is management is people that cry at the old age when you are young and you are seeing money everyday it is left for you to manage the money well knowing that nothing come every time and did nothing lasts forever when you fail to plan well then you fell to achieve well in your old time that is what I have to tell you people so that you can understand that having a reserve is most important thing that a man supposed to do

If the reserves you mean are in the form of money, this will not always save our lives in old age, because the value of money can also be eroded by inflation or by increases in the price of goods every year. So the only thing that can help our lives in old age is investing in assets whose value will not be eroded by inflation or any other conditions. 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.

[indah rezqi]

There are always daily needs and other unexpected needs. This is where we need to apply money management properly and carefully, if we remember and frugality, it does not mean that we are stingy, so for us to live it will be easy.

Maybe everyone also knows cryptocurrency gives us more opportunities when compared to other places, but the risk is also higher but the current economic conditions make it difficult for many people to increase income except those who already have a monthly salary and even then often still not optimally meet the routine monthly needs if you want to invest in crypto or others.

Investment is one way to save the value of the money we have, save it from inflation, and make us make a profit. Saving will not make someone rich, there is no profit that can be obtained through this method. Basically, investing doesn't just have to be in crypto, but currently crypto offers greater opportunities to gain profits, provided we have to learn and understand it well. There is no investment without risk, the amount of profit is always directly proportional to the risk, therefore everyone who decides to invest in the crypto world should be quite aware of this.

Overall, we cannot avoid spending money, there are always needs that must be met to support life running as it should. It's true, investing can only be done if someone has an income greater than their needs, it doesn't have to be a fixed income, but I think the money invested must be cold money. If financial conditions are inadequate, only enough to support daily needs, then investing will just be a dream.

[pusaka]

Some people whom is management is people that cry at the old age when you are young and you are seeing money everyday it is left for you to manage the money well knowing that nothing come every time and did nothing lasts forever when you fail to plan well then you fell to achieve well in your old time that is what I have to tell you people so that you can understand that having a reserve is most important thing that a man supposed to do

If the reserves you mean are in the form of money, this will not always save our lives in old age, because the value of money can also be eroded by inflation or by increases in the price of goods every year. So the only thing that can help our lives in old age is investing in assets whose value will not be eroded by inflation or any other conditions. 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.

Yes, if we only focus on money, it is very risky because money can decrease due to inflation, so we should use assets whose value is not affected by changing times or other things. It would be a shame if we only held money, and when we were old it turned out that the money was no longer as valuable as it used to be when we collected it (saved).
Now there are many options that we can choose as assets for us to invest in for the future. If we believe in bitcoin, then we can invest in bitcoin, if we believe more in gold then we can also invest in gold.
Apart from having to save or prepare for a better old age, we also have to be able to understand what will save us, lest something like what I said above happen.

[nurilham]

If the reserves you mean are in the form of money, this will not always save our lives in old age, because the value of money can also be eroded by inflation or by increases in the price of goods every year. So the only thing that can help our lives in old age is investing in assets whose value will not be eroded by inflation or any other conditions.

Saving in fiats is also important because it can be used instantly. Meanwhile investment, it sometimes takes time to convert it to fiats, it cannot be used instantly. So, you can't state that only investment that can help our future. You must understand both saving and investment are very helpful for our future. Don't only view it as something that can multiply our money, but also view its function in our daily life! We do any transactions in fiat or our national currency, we don't use investment for this purpose.

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!!