How to save successfully?

[Emeraldo]

Saving does not necessarily require us an instant big amount. Whether it's big or small, it does not actually matter. What's most important is how you often save regardless of its amount. So if you have only few bucks left from your salary, then continue saving it because once the value compounded, it will gradually become a significant amount. And frankly speaking, even the poorest of the poor can definitely save if he really aims to, it only depends on the kind of mindset you chose to adopt.

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?

When you wait for the big funds before you start saving up, you discover that you end up not being a good saver. Saving is a habit you culture over time and make it your habit that's the more reason you need to start saving even from the little and also the big.
One of the strategies of saving that have seen that it works over time is  saving your funds in a place where you can't touch or withdraw  at will that way you can be sure to secure your funds for the particular purposes it was intended for.

[Fredomago]

Savings isn’t really about making extra money or having some top ups, it’s more about not spending all your incomes but keeping some aside for possible future expenses or purpose even when there’s none you can think of at the moment. And you can’t say saving is easy, maybe theoretically it is but practically it’s really not as easy as it seems mate, which is why sometimes people even pay others some fee to help them save their money.

Well, yeah. That is why people keep their money in a safe, a vault, or another secure place. Let's say I have $1,000 and I am going to a tour with my friends, which I can cover with about $100. If I bring all my thousand dollars with me, I am sure I will spend way more than that. There is a slight chance I will spend all my money on that tour. So, the wise thing is always to take what you actually need and keep everything else safe.

However, the world has become too easy on expenses now. People can use their credit cards and debit cards whenever they want. They even spend money that is not owned by themself.

That's one of the reason why it's hard to save now, with the easy access using your credit or debit card those expenses can be done without any problem as long as your card is working or have a good standing then you can complete any transactions that you want, but those who are serious and have that intension to save, they'll keep the amount to any safe place and they will have that discipline not to use it no matter what.

[Shishir99]

That's one of the reason why it's hard to save now, with the easy access using your credit or debit card those expenses can be done without any problem as long as your card is working or have a good standing then you can complete any transactions that you want, but those who are serious and have that intension to save, they'll keep the amount to any safe place and they will have that discipline not to use it no matter what.

I agree. People can save money if they really try to do it. But one has to be patient and control their desires to save money. Let's say a new version of the iPhone just came out, and I liked it; however, if I want to save money, I will have to stay away from it and try harder to save. Sometimes people even take loans to fulfill their desires. They want to be like the influencers they see on instagram, which is one of the reasons people are unable to save money.

[terrific]

To be honest with you, saving for every is not just the same for everyone,
It doesn't matter how disciplined you are, you will not kill your self because you are trying to save money, so you saying saving is a mindset even to poor people, I think you got it wrong there.

Yeah, I agree with what you've said.
Telling it to the people that are earning with enough for their provision won't make sense.
They know how to save but they just can't because their income isn't enough.
And what they will justify about saving is that. Instead of saving the money they earn, they'll have to use it for their needs.
You'll lose an argument with that debate because that's the reality of life that even how hard you want people to save.
But when they just can't due to their situation, it will look nonsense.

[ejikeme24]

Saving does not necessarily require us an instant big amount. Whether it's big or small, it does not actually matter. What's most important is how you often save regardless of its amount.

Sure, consistency is the key to success the reason why most people find it hard to save is because they don't know about consistency, most people feel that saving small is just a waste of time that they would rather wait until they get a bigger amount, it's just like in Bitcoin investment most people feel that starting small is a child's play, but that  amount they think is small can grow to a point where they will feel surprise if they keep investing in Bitcoin regularly just the same thing with savings if you're saving little by little in years to come you will be surprise when you look at your portfolio to see what you have saved.

[Felicity_Tide]

I agree. People can save money if they really try to do it. But one has to be patient and control their desires to save money. Let's say a new version of the iPhone just came out, and I liked it; however, if I want to save money, I will have to stay away from it and try harder to save. Sometimes people even take loans to fulfill their desires. They want to be like the influencers they see on instagram, which is one of the reasons people are unable to save money.

And that's why we're having millions of people in the society today, who are uncontrollably shooting themselves in the leg, by making silly financial decisions. The urge to satisfy ones current desires is a massive problem that can prevent a lot of people from saving for the later days. Even the material things that people treat as urgency, don't always retain their value over time as they're never considered as a good investment. It's funny to see how people with financial problems, still comfortably make some crazy financial decisions, without feeling bad about it, or even making plans to cover for it.

[bettercrypto]

Saving does not necessarily require us an instant big amount. Whether it's big or small, it does not actually matter. What's most important is how you often save regardless of its amount. So if you have only few bucks left from your salary, then continue saving it because once the value compounded, it will gradually become a significant amount. And frankly speaking, even the poorest of the poor can definitely save if he really aims to, it only depends on the kind of mindset you chose to adopt.

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?

Perhaps the reason why some people struggle to save money is a lack of discipline specifically, a lack of self-control when it comes to savings. You also need to be good at decision-making.
If you master these three things, I’m pretty sure saving for the future will be easy, provided, of course, that you have a source of income, whether it's a full-time or part-time job.

And come on, let’s face it: inflation is a permanent reality in every country. As citizens, we just have to accept that. Instead of praying for inflation to disappear, let’s pray for God to give us the resourcefulness to survive in this world every single day. God has provided many ways; we just need to seek them out and choose.

[Orpichukwu]

Not everyone is capable of saving, especially the very poor ones who cannot afford to feed themselves; they even beg to feed themselves sometimes. How could such a type of person save unless in the future when their situation turns around and they are able to earn more than they are consuming to solve their daily needs? Saving is important, but it should not be done at the expense of risking your own daily bread.