Take care of your money and learn to save.

[MissNonFall9]

I do not understand why people focus only on saving instead of investing. Investments are capable of giving us high returns but expecting profits from savings is absolutely foolish.

No one expects anyone to earn profits from savings but people used to think that when you have enough savings, you will have enough money to buy a house, a car and other thing you'd want and in a way they are correct. Saving is as important as investing, imo.

But people should really look at the bigger picture. Investing will not just make you be able to afford things but can actually make you richer than you have ever thought of.

Again depending on the country and the economic condition of the country the value of money from savings decreases a lot but if the economic condition is stable even if the value of money does not decrease no money production or growth is possible from money.

I don't think any country is safe from inflation, but some countries have indeed low percentage of inflation due to a relatively stable economy.

It is too late to save to buy a house or car or other necessities or luxuries. Because savings is what is left from income minus expenses, but if one wants to buy a house or a car or luxury goods in a relatively short period of time then one must focus on investing. But it is also very important to save which helps us to face future unexpected situations. So my theme is to save at least a part of what is left after deducting the expenses from the income and use the rest for investments that will help us meet all our needs.

[wmaurik]

It is too late to save to buy a house or car or other necessities or luxuries. Because savings is what is left from income minus expenses, but if one wants to buy a house or a car or luxury goods in a relatively short period of time then one must focus on investing. But it is also very important to save which helps us to face future unexpected situations. So my theme is to save at least a part of what is left after deducting the expenses from the income and use the rest for investments that will help us meet all our needs.

The theme that you developed is actually quite suitable to be applied by everyone in any condition because it will not only help us to meet the needs we need, but can also help us fight bad conditions such as inflation and other things such as unexpected in life. Because someone who is able to save a little money and invest with the remaining money from his monthly income will definitely feel that things are better in his own life because he has actually helped his own future and made it better.

[kawetsriyanto]

agree with your opinion, we will not know what will happen in the future. Therefore, always anticipate what will happen in the future. Preparing by doing something that can give hope is certainly something that must be done and saving is the best way to do and all do not want that hope to be lost because we are not prepared for what will happen in the future without having any savings at all.

Indeed. No one knows it, that's why we must prepare it by saving and investing our money. Saving basically has no risk but we must choose a reliable bank to store our money. There are some banks that have problems, the customers lose their money on the banks. So, be careful to choose the banks for saving our money. Meanwhile for investment, it always has risk, whether low or high risk. If we don't want to have high risk for all our investment, the best way is to diversify it. For example, we can invest in Bitcoin and in Gold together. Bitcoin is high risk because the value is volatile, Gold is mostly in stable value.

Sometimes it seems easy to be able to set aside the results of business / work to save, but without the right intention it will not work well.

There should be awareness for the future life. Without awareness, it is impossible to have the right intention. However, I am sure most people must be aware about their life in the future. Since life is getting uncertain and the world economy is deteriorating, it is the warning for everybody to prepare anything for the future.

[Hamphser]

It is too late to save to buy a house or car or other necessities or luxuries. Because savings is what is left from income minus expenses, but if one wants to buy a house or a car or luxury goods in a relatively short period of time then one must focus on investing. But it is also very important to save which helps us to face future unexpected situations. So my theme is to save at least a part of what is left after deducting the expenses from the income and use the rest for investments that will help us meet all our needs.

The theme that you developed is actually quite suitable to be applied by everyone in any condition because it will not only help us to meet the needs we need, but can also help us fight bad conditions such as inflation and other things such as unexpected in life. Because someone who is able to save a little money and invest with the remaining money from his monthly income will definitely feel that things are better in his own life because he has actually helped his own future and made it better.

Usually savings is really that something that could be used as emergency funds but we do know that it could really be able to have other purpose as well on which it could really be used on investment or business purposes on which it would really be something that give out that kind of advantage in compared to those people who had neglected out on having those savings. They would really be only seeing its importance
on the moment that they would really be experiencing those bad conditions but on the moment that they are still doing well and not facing up any issues then they wont really be mindful about this matter.

On the moment that you do see yourself on such tough condition or situation in terms of finances then you would having that regret but well this is something that will really be
be letting you realize on how important it is. If you are really just that sensible on the things around then this is something that you cant be able to forget.

[Raflesia]

It is too late to save to buy a house or car or other necessities or luxuries. Because savings is what is left from income minus expenses, but if one wants to buy a house or a car or luxury goods in a relatively short period of time then one must focus on investing. But it is also very important to save which helps us to face future unexpected situations. So my theme is to save at least a part of what is left after deducting the expenses from the income and use the rest for investments that will help us meet all our needs.

That's not right either. Do you feel that investing will get you benefits in a short time? That's definitely not because in the end, investing is also not an instant thing so saying that when you want to get some facilities such as a house or other luxury items in a relatively short time, you have to invest then it would be a ridiculous proposal.

Investing is not as easy as imagined buddy because apart from you have to really be in the right investment, the right plan and a good strategy you also have to realize that investing is not like we eat chili sauce when eating it will immediately taste spicy because in practice it is not like that. We need a relatively longer time when it comes to Investments so it would be a mistake if you feel that with investments you can get something that is desired quickly and instantly.

[wmaurik]

Usually savings is really that something that could be used as emergency funds but we do know that it could really be able to have other purpose as well on which it could really be used on investment or business purposes on which it would really be something that give out that kind of advantage in compared to those people who had neglected out on having those savings. They would really be only seeing its importance
on the moment that they would really be experiencing those bad conditions but on the moment that they are still doing well and not facing up any issues then they wont really be mindful about this matter.

People who only care about saving money without thinking about turning the money into business and investment will also face difficult conditions someday. Because those who only save money will be defeated by inflation conditions or by increases in the price of goods which in general are always difficult to experience a decline again like before, making their savings not have much value except only to face emergency conditions in a few days. So the purpose of saving must also be clear, as you have said, because for me using savings for things related to investment and business is a pretty good decision.

On the moment that you do see yourself on such tough condition or situation in terms of finances then you would having that regret but well this is something that will really be
be letting you realize on how important it is. If you are really just that sensible on the things around then this is something that you cant be able to forget.

Nowadays, everyone must always be smart and sensitive to whatever they see in order to continue to adapt themselves to the environment and developments in this increasingly advanced era. Because believe me, saving using the old-fashioned method will not bring anyone more wins now unless the savings are used again for things like doing business in order to get more profits. And invest in assets that are more valuable and more sought after by many people now and in the future.

[erep]

People who only care about saving money without thinking about turning the money into business and investment will also face difficult conditions someday. Because those who only save money will be defeated by inflation conditions or by increases in the price of goods which in general are always difficult to experience a decline again like before, making their savings not have much value except only to face emergency conditions in a few days. So the purpose of saving must also be clear, as you have said, because for me using savings for things related to investment and business is a pretty good decision.

The influence of inflation can affect all financial aspects including savings and investments, which also experience the impact of a decrease in value, but investment in crypto is not affected by the impact of inflation and is proven to have the highest value growth prospects during inflation in 2024. In my opinion, the main priority is to allocate a high allocation for crypto investments because they have clear long-term profit prospects, another portion must be allocated to savings for emergency needs to avoid depleting investment assets.

Nowadays, everyone must always be smart and sensitive to whatever they see in order to continue to adapt themselves to the environment and developments in this increasingly advanced era. Because believe me, saving using the old-fashioned method will not bring anyone more wins now unless the savings are used again for things like doing business in order to get more profits. And invest in assets that are more valuable and more sought after by many people now and in the future.

We have to look for ways to increase the value of our savings, because saving will have an impact on inflation and higher prices of goods will reduce the value of the allocation for savings. The main way to convert savings into capital for business is to make sure you have adequate business knowledge to manage a profitable business for the future, determine a good business plan and always evaluate your business development to improve quality and service.

[Hamphser]

Usually savings is really that something that could be used as emergency funds but we do know that it could really be able to have other purpose as well on which it could really be used on investment or business purposes on which it would really be something that give out that kind of advantage in compared to those people who had neglected out on having those savings. They would really be only seeing its importance
on the moment that they would really be experiencing those bad conditions but on the moment that they are still doing well and not facing up any issues then they wont really be mindful about this matter.

People who only care about saving money without thinking about turning the money into business and investment will also face difficult conditions someday. Because those who only save money will be defeated by inflation conditions or by increases in the price of goods which in general are always difficult to experience a decline again like before, making their savings not have much value except only to face emergency conditions in a few days. So the purpose of saving must also be clear, as you have said, because for me using savings for things related to investment and business is a pretty good decision.

On the moment that you do see yourself on such tough condition or situation in terms of finances then you would having that regret but well this is something that will really be
be letting you realize on how important it is. If you are really just that sensible on the things around then this is something that you cant be able to forget.

Nowadays, everyone must always be smart and sensitive to whatever they see in order to continue to adapt themselves to the environment and developments in this increasingly advanced era. Because believe me, saving using the old-fashioned method will not bring anyone more wins now unless the savings are used again for things like doing business in order to get more profits. And invest in assets that are more valuable and more sought after by many people now and in the future.

Yes you are right with such input on which it wouldnt really be wise that you would really be just that simply focusing on saving up fiat into your bank account without having those considerations on making it use on investment. Somehow not all people would really be that risk takers and this is why on the moment that they will really be that making up such consideration about not to tend to make any investment
and would really be just that accepting about that inflation effect into their savings then its not something that will really be that huge even if we do speak on year to year basis. This is why they are really that still confident that they could still withstand even on how many years that they would really be tending on saving up on fiat form because they are really that afraid on taking up risks on making up some business or investment.

We are all that targeting on the same goal on which we do have that financial freedom on which we know that this isnt something that to easy to be acquired or would
really be able to reach on or make it happen. It would really be that according into your plans and on how hard you do work for it.

[Fredomago]

It is too late to save to buy a house or car or other necessities or luxuries. Because savings is what is left from income minus expenses, but if one wants to buy a house or a car or luxury goods in a relatively short period of time then one must focus on investing. But it is also very important to save which helps us to face future unexpected situations. So my theme is to save at least a part of what is left after deducting the expenses from the income and use the rest for investments that will help us meet all our needs.

The theme that you developed is actually quite suitable to be applied by everyone in any condition because it will not only help us to meet the needs we need, but can also help us fight bad conditions such as inflation and other things such as unexpected in life. Because someone who is able to save a little money and invest with the remaining money from his monthly income will definitely feel that things are better in his own life because he has actually helped his own future and made it better.

Yeah right, if you play well with your money and have that savings and investments, it will save you or keep you from barrowing in case that there's emergency that take place, you can use what you save and not bother anyone if you have some financial needs, it's true that everyone can also look at it as good way preventing you from over exceeding with your income, a wise man always find ways to make sure that the money they've got will actually works for them.

[kawetsriyanto]

Do you feel that investing will get you benefits in a short time? That's definitely not because in the end, investing is also not an instant thing so saying that when you want to get some facilities such as a house or other luxury items in a relatively short time, you have to invest then it would be a ridiculous proposal.

Indeed. Generally, investing is planned to get profits for a long term. There is no instant profits got from investment, it should take time and a process. So it is nonsense if we want to get a lot of money from investment in a short time in order to buy a house, a car, or other things. Even we invest in Bitcoin, we mostly wait for few years to get good profits.

For the people who want to get instant money, I think they prefer to choose trading or the like. However, it requires specific knowledge and skills!!

Investing is not as easy as imagined buddy because apart from you have to really be in the right investment, the right plan and a good strategy you also have to realize that investing is not like we eat chili sauce when eating it will immediately taste spicy because in practice it is not like that.

Yep. Even we already try to use the best strategy, it can't guarantee to succeed in investment. Sometimes, there is something happening suddenly that ruins the plan, then we are unable to avoid losses. In this situation, we must have good mentality to find out the solution. We also should be aware about the risks, so we don't be frustrated when we are facing the worse situation.

[Vinaa77]

Yeah right, if you play well with your money and have that savings and investments, it will save you or keep you from barrowing in case that there's emergency that take place, you can use what you save and not bother anyone if you have some financial needs, it's true that everyone can also look at it as good way preventing you from over exceeding with your income, a wise man always find ways to make sure that the money they've got will actually works for them.

With investment and savings, of course this will really help us when we experience emergency needs and we can use these savings to fulfill them because if we have to take out a loan when we experience emergency needs then this will affect the income we will get because we have to pay the loans we have taken, we think it is important for us to be able to manage the income we have well because if we cannot manage it well of course this will make us have financial problems, as you said it is very true that those who can take advantage their money on things they really need, of course this will be very good and of course they will not have problems in financial matters.

[mirakal]

Yeah right, if you play well with your money and have that savings and investments, it will save you or keep you from barrowing in case that there's emergency that take place, you can use what you save and not bother anyone if you have some financial needs, it's true that everyone can also look at it as good way preventing you from over exceeding with your income, a wise man always find ways to make sure that the money they've got will actually works for them.

With investment and savings, of course this will really help us when we experience emergency needs and we can use these savings to fulfill them because if we have to take out a loan when we experience emergency needs then this will affect the income we will get because we have to pay the loans we have taken, we think it is important for us to be able to manage the income we have well because if we cannot manage it well of course this will make us have financial problems, as you said it is very true that those who can take advantage their money on things they really need, of course this will be very good and of course they will not have problems in financial matters.

It is much better to have everything prepared rather than taking loans as our emergency plan. While we are still working, it is necessary to consider this as pine of our priority in the sense that we can't be always healthy and are still able to work, there is a time that may come when we become weak at least we no longer worry where to find money for hospital bills and other medications.

Even if we are poor, we should never disregard this but instead, we must think that it is part of preparation for the future. Financial education is very important for us as it is useless to have a huge salary if we just spend it all without savings and investment. It is a wrong practice indeed.

[lepbagong]

It is too late to save to buy a house or car or other necessities or luxuries. Because savings is what is left from income minus expenses, but if one wants to buy a house or a car or luxury goods in a relatively short period of time then one must focus on investing. But it is also very important to save which helps us to face future unexpected situations. So my theme is to save at least a part of what is left after deducting the expenses from the income and use the rest for investments that will help us meet all our needs.

That's not right either. Do you feel that investing will get you benefits in a short time? That's definitely not because in the end, investing is also not an instant thing so saying that when you want to get some facilities such as a house or other luxury items in a relatively short time, you have to invest then it would be a ridiculous proposal.

Investing is not as easy as imagined buddy because apart from you have to really be in the right investment, the right plan and a good strategy you also have to realize that investing is not like we eat chili sauce when eating it will immediately taste spicy because in practice it is not like that. We need a relatively longer time when it comes to Investments so it would be a mistake if you feel that with investments you can get something that is desired quickly and instantly.

Actually, in general, investing and saving are the same thing but have different principles. Both require time, but the savings may be in the form of fiat saved through the bank, but the investment will be very large and there may also be something that is the same as saving in the bank,, not just in physical form, such as investing in crypto is of course the same as saving in the bank, it can be taken and used when it is needed, it is different if it is in physical form, it takes time and preparation.
But in principle, everything is really needed, and it is not instant to be able to achieve certain desires, there is always time needed.

[wmaurik]

The influence of inflation can affect all financial aspects including savings and investments, which also experience the impact of a decrease in value, but investment in crypto is not affected by the impact of inflation and is proven to have the highest value growth prospects during inflation in 2024. In my opinion, the main priority is to allocate a high allocation for crypto investments because they have clear long-term profit prospects, another portion must be allocated to savings for emergency needs to avoid depleting investment assets.

Because of this, I have been investing more in crypto such as Bitcoin than investing in other things, even though I often pay attention to other things and don't ignore them as long as they are still good enough to be taken as investments. And the rest is for monthly savings after I allocate a small amount for daily expenses that I use myself because currently I don't really rely on savings to support my life even though I also save for my monthly needs and also to increase my own business capital.

We have to look for ways to increase the value of our savings, because saving will have an impact on inflation and higher prices of goods will reduce the value of the allocation for savings. The main way to convert savings into capital for business is to make sure you have adequate business knowledge to manage a profitable business for the future, determine a good business plan and always evaluate your business development to improve quality and service.

There are several ways to increase the value of our own savings at this time and one of them is by starting a business and increasing the business network more widely in addition to setting investment as the ultimate target in life. And I think what you said is clear enough because a profitable future is a future that is built and nurtured well from now on. So the problem is not only about saving, but also about increasing the value of our own savings as long as we still have the ability to do so from now on.

[OrangeII]

Honestly, that's the right thing. If we don't learn to save and continue using it, then we will end up selling the assets we own when we need money. However, savings are a very important aspect of future needs, whether sudden or not. Without it, it is very difficult to solve problems without going into debt or selling something else.

[Raflesia]

Do you feel that investing will get you benefits in a short time? That's definitely not because in the end, investing is also not an instant thing so saying that when you want to get some facilities such as a house or other luxury items in a relatively short time, you have to invest then it would be a ridiculous proposal.

Indeed. Generally, investing is planned to get profits for a long term. There is no instant profits got from investment, it should take time and a process. So it is nonsense if we want to get a lot of money from investment in a short time in order to buy a house, a car, or other things. Even we invest in Bitcoin, we mostly wait for few years to get good profits.

For the people who want to get instant money, I think they prefer to choose trading or the like. However, it requires specific knowledge and skills!!

That's the point because it would be a ridiculous suggestion to say that investing is one of the means to get instant profits easily because in practice things like this will clearly make us slapped with the fact that investing is not as easy as imagined.

Saying trading also cannot be underestimated because after all, trading is clearly not an easy business and not everyone can be there because this requires a lot of further education and understanding and we cannot trade just because of the instincts we have and rely on the luck we have. This is not gambling that relies on instinct so don't misunderstand trading for this because investing and trading need more learning than just saving the money we have.

Investing is not as easy as imagined buddy because apart from you have to really be in the right investment, the right plan and a good strategy you also have to realize that investing is not like we eat chili sauce when eating it will immediately taste spicy because in practice it is not like that.

Yep. Even we already try to use the best strategy, it can't guarantee to succeed in investment. Sometimes, there is something happening suddenly that ruins the plan, then we are unable to avoid losses. In this situation, we must have good mentality to find out the solution. We also should be aware about the risks, so we don't be frustrated when we are facing the worse situation.

Indeed, when we do the schemes and strategies that we think are the best, it will not guarantee that the results will be good but in the end this can minimize a little that in the end everything that is started with a good plan, the hope is that the results will be good too. Even if in the end there are some things that do not match the expectations, it does not mean that we failed but unexpected events like this must be used as experience so that when we try again we have more understanding and things that are not in line with expectations can be minimized.

[Awak Bambi]

Honestly, that's the right thing. If we don't learn to save and continue using it, then we will end up selling the assets we own when we need money. However, savings are a very important aspect of future needs, whether sudden or not. Without it, it is very difficult to solve problems without going into debt or selling something else.

It is true that saving is something that is very important for looking at the future, because if something happens to us then we can use the savings, but what we need to see at this time is that the economic phenomenon among society is very difficult, let alone saving for daily needs, it is very difficult It's difficult, this is what is happening right now in my country, even though saving is a solution to overcome complicated things in the future, but if it's like this, saving becomes something that is difficult to do in my country for the lower classes.

[RockBell]

Yeah right, if you play well with your money and have that savings and investments, it will save you or keep you from barrowing in case that there's emergency that take place, you can use what you save and not bother anyone if you have some financial needs, it's true that everyone can also look at it as good way preventing you from over exceeding with your income, a wise man always find ways to make sure that the money they've got will actually works for them.

Savings is good for emergency purposes but if you are Saving you can even split the money into two so that you can invest one part and then keep the other part for when you need money to attend to one or two emergency that way you can avoid borrowing. Because consistently borrowing money for emergency always is not advisable. Some people are still finding it very difficult to save for some various reasons so are use to spending on unnecessary things. You have to learn to remove your eyes from so many things. And sometimes luxury brings destruction because you will always want to get everything.

The better we start measuring money the better because if things is not the same anymore now expenses have increased because of inflation so we just have to find ways to increase how we make money and also reduce the way we spend that is the most important thing because if you don't learn to manage money you will always find your self in financial crisis.

[Fredomago]

Yeah right, if you play well with your money and have that savings and investments, it will save you or keep you from barrowing in case that there's emergency that take place, you can use what you save and not bother anyone if you have some financial needs, it's true that everyone can also look at it as good way preventing you from over exceeding with your income, a wise man always find ways to make sure that the money they've got will actually works for them.

Savings is good for emergency purposes but if you are Saving you can even split the money into two so that you can invest one part and then keep the other part for when you need money to attend to one or two emergency that way you can avoid borrowing. Because consistently borrowing money for emergency always is not advisable. Some people are still finding it very difficult to save for some various reasons so are use to spending on unnecessary things. You have to learn to remove your eyes from so many things. And sometimes luxury brings destruction because you will always want to get everything.

The better we start measuring money the better because if things is not the same anymore now expenses have increased because of inflation so we just have to find ways to increase how we make money and also reduce the way we spend that is the most important thing because if you don't learn to manage money you will always find your self in financial crisis.

Reducing unneccessarry expenses will helps to save money plus finding additiona source of income and save up helps you avoiding barrowing money, for sure those who knew how to balance their finances will be able to save money and they've got some extra to invest, same with that you mentioned it's better to split your savings, part of it for your investment and the other part is for your savings in case there's emergency you have money to use and not to find yourself barrowing and add it up to your problem as most of the time if you earn fixed income it's really tough to adds additional expense.

[retreat]

Regardless of how money can bring other people closer to us, I agree that saving some of what we earn is important. If we have enough income today and can save some of it, we should do that because we don't know what will happen in the future, it could be that inflation rises, or our salary is cut, or there is something that forces us to spend more money, there Our savings can be very helpful to cover these costs.
Just imagine when we don't have savings, but unfortunately we experience a salary cut, which causes us to look for debt to cover some of our expenses that are not covered by our salary. And when next month we pay the debt, but then our salary is cut because of paying the debt, and then we look for more debt, and so on, as a result we are trapped in a cycle of debt which makes our burden increase and causes stress.