If you don't save,you are not safe

[Smack That Ace]

If you can save, you should increase it to investing because if you only save, the value of your money will decrease due to rising prices over time, but by investing, you can get profits, just be careful when choosing to invest, don't think about fast and large returns because most of them are scams, it's better to slowly but surely increase the value.

If you're already disciplined about saving, it's a good idea to try investing. That's the right step. But before that, we must do research first. This means don't invest haphazardly. There are certainly factors to consider, which is one of the keys to good investing. Saving is a good thing, but it doesn't bring profits on its own; the amount you get will be proportional to your initial efforts. However, investing allows us to gain more than the initial amount. However, you're right, don't focus on quick and large profits because the risks remain.

However, I think it's necessary to completely separate saving from investing. We should still set aside a certain amount of savings for emergencies and essential needs, and only use a portion of that for investment. Spending all your savings on investments is not a wise idea because investing inherently involves risk.

Saving is very important because it helps us avoid unexpected risks in life. Therefore, saving should be prioritized above any other fund, do not underestimate its importance.

[Koadharber]

If you can save, you should increase it to investing because if you only save, the value of your money will decrease due to rising prices over time, but by investing, you can get profits, just be careful when choosing to invest, don't think about fast and large returns because most of them are scams, it's better to slowly but surely increase the value.

If you're already disciplined about saving, it's a good idea to try investing. That's the right step. But before that, we must do research first. This means don't invest haphazardly. There are certainly factors to consider, which is one of the keys to good investing. Saving is a good thing, but it doesn't bring profits on its own; the amount you get will be proportional to your initial efforts. However, investing allows us to gain more than the initial amount. However, you're right, don't focus on quick and large profits because the risks remain.

However, I think it's necessary to completely separate saving from investing. We should still set aside a certain amount of savings for emergencies and essential needs, and only use a portion of that for investment. Spending all your savings on investments is not a wise idea because investing inherently involves risk.

Saving is very important because it helps us avoid unexpected risks in life. Therefore, saving should be prioritized above any other fund, do not underestimate its importance.

Totally depends on how you would be making up some partitioning but just like what you said that it would be better that there would be that a specific fund on which you would be using up for investing and totally separating the  funds which are used for emergency purposes. We do know that on the moment that you invested your savings then how you would be able to get some funds if ever there's some unexpected emergencies that would happen? What would happen if it turned out that you wont be able to get some immediate or rush loan from other sources? For sure you would be fucked up with that situation and  this is something that must be avoided as much as possible Savings could play a role whether in both emergencies and investing but just like been said that it will be ideal that it should be that separated.

Nothing beats out that you do have that peace of mind when it comes to financial aspect on which you are confident that you do have funds for emergencies at the same time you had invested into something for you to add up your income even more.

[Kaliandra]

I am someone who invests, saves, and also spends money. But I don't waste money. However, in my area, there are still many people who waste money and don't have savings, and in the end, they always complain when their money runs out because they spent it on parties. In my opinion, wasting money is not a good thing if we are not yet successful, except for people who are successful and can afford to waste money as long as they do so carefully and their income is already very large.
But it’s true that if we want to be successful, we must be diligent in saving and also invest. In my opinion, investing should be done in various fields such as gold, land, property, and also in BTC.

[gibrab16]

I am someone who invests, saves, and also spends money. But I don't waste money. However, in my area, there are still many people who waste money and don't have savings, and in the end, they always complain when their money runs out because they spent it on parties. In my opinion, wasting money is not a good thing if we are not yet successful, except for people who are successful and can afford to waste money as long as they do so carefully and their income is already very large.
But it’s true that if we want to be successful, we must be diligent in saving and also invest. In my opinion, investing should be done in various fields such as gold, land, property, and also in BTC.

Wasting money when you’re not yet successful is just sabotaging your own future. There’s nothing cool about being broke later because you wanted to look rich today. Discipline matters way more in the early stages.

[Ayers]

In my opinion, investing should be done in various fields such as gold, land, property, and also in BTC.

You can do this if you already have a lot of money or are wealthy, because spreading your eggs across multiple baskets helps reduce risk. But what if you're still in the process of building wealth and don’t have much starting capital. Investing in too many different asset classes can sometimes not only fail to yield benefits but also disperse resources and reduce efficiency.

In my opinion, there's no need to invest in too many different asset, focusing on just one or two is sufficient.

If it were me, and I only had a limited amount of capital, I would only invest in a single asset, and in this case, I would choose Bitcoin. I believe that investing all in Bitcoin will yield better returns than diversifying.

[Halifat]

I am someone who invests, saves, and also spends money. But I don't waste money. However, in my area, there are still many people who waste money and don't have savings, and in the end, they always complain when their money runs out because they spent it on parties. In my opinion, wasting money is not a good thing if we are not yet successful, except for people who are successful and can afford to waste money as long as they do so carefully and their income is already very large.
But it’s true that if we want to be successful, we must be diligent in saving and also invest. In my opinion, investing should be done in various fields such as gold, land, property, and also in BTC.

Wasting money when you’re not yet successful is just sabotaging your own future. There’s nothing cool about being broke later because you wanted to look rich today. Discipline matters way more in the early stages.

I 100% agree with you and some of the people don't understand how money should be treated, money is a guest and it only stay when you welcome it very well. Spending money anyhow make it run away because most of the people don't believe how it came that is why they always misuse the opportunity of it. Definitely if you save you will be safe, this is the reality of life, some of the people you see today having more money is that they make use of the opportunity by savings and also investing.

[Youngrebel]

Money is very essential to every human being and that is why everyone wants to make money, people are making money in different ways,some makes their money in an easier way, and some are in difficult ways depending on the type of work you are doing.but they are only three things you can do with money:

(1)you can invest money

(2)you can spend money

(3)you can waste money

 As it stands now there are different categories of people in this life and each of them falls into this three ways of using money.
 
investing money :the Wise people invest money because they know the value and the importance of money and will never want to lack money just because of their unwise decisions and that is why they are good planners and always going into investments.

spending money :an average people spent money because they know that there is another to eat tomorrow and and feels that there's need for enjoyment to regain strength and energy to work more for the better days ahead.

waste money :this are the people who think that the money can never finish, this are those who feel they have arrived and thinking that there's no need to invest or save, always pressume until it becomes late.. foolish people waste money

Even at this our present time it is still happening,we still have this three categories of people in our midst,so which one are you?

You must learn how to save and invest if you want to become rich and successful person in life.

In as much as some people would love to save and even invest, they find it very difficult to do so because of circumstances they find themselves.  Take for example an individual that his salary is barely enough to even fend for him and his family.  They struggle  to manage their earnings to the end of the month living in a circle of depts and no food for some periods.for  those kind of households its very difficult for them to save. Making them to move round in a circle of poverty and living no inheritance for the next generation.  
The only remedy for such people is only an extra skill that would fetch extra income to them.

[Agathamay]

Money is very important for our existence. We need money for the basic things of life and there's no way we wouldn't enchance our chance to make life better. The thing here is, if we don't safe money, we would spend money. Either way, it's very essential to make investment because going broke is definitely nobody's plan. If you don't save, you're not safe. Going right along with this path and I must confess, it's never the same thing for us that are having hard time stacking up our funds and been unable to match our energy-efficient ratio when it's time.

[junder]

However, I think it's necessary to completely separate saving from investing. We should still set aside a certain amount of savings for emergencies and essential needs, and only use a portion of that for investment. Spending all your savings on investments is not a wise idea because investing inherently involves risk.

Saving is very important because it helps us avoid unexpected risks in life. Therefore, saving should be prioritized above any other fund, do not underestimate its importance.

Yes, what I mean by factors that must be considered is, as you mentioned, one of which is savings or an emergency fund. Of course, when we want to invest, we must first ensure that our income can cover our needs, including meeting expenses, paying bills, and setting aside some for savings or an emergency fund.
If we don't consider these factors, it's best to avoid investing, as this could jeopardize your investment, as the saying goes, it's better to be prepared before it rains.

[Republikcoin.com]

Wasting money when you’re not yet successful is just sabotaging your own future. There’s nothing cool about being broke later because you wanted to look rich today. Discipline matters way more in the early stages.

Regarding discipline, you should also explain it in more detail so everyone understands what you're talking about. If you're only disciplined in one or two areas, I don't think you'll immediately achieve the success you desire, as in general, each area requires its own discipline. For example, when using time for work and also when using other things like money, discipline can be truly visible in our own lives. Essentially, spending money extravagantly will make things more difficult for ourselves when we run out of money.

[colinistheman]

I am someone who invests, saves, and also spends money. But I don't waste money. However, in my area, there are still many people who waste money and don't have savings, and in the end, they always complain when their money runs out because they spent it on parties. In my opinion, wasting money is not a good thing if we are not yet successful, except for people who are successful and can afford to waste money as long as they do so carefully and their income is already very large.
But it’s true that if we want to be successful, we must be diligent in saving and also invest. In my opinion, investing should be done in various fields such as gold, land, property, and also in BTC.

Wasting money when you’re not yet successful is just sabotaging your own future. There’s nothing cool about being broke later because you wanted to look rich today. Discipline matters way more in the early stages.

Even if you are successful and wealthy, you should avoid wasting money, because it can make you poor at any time.
Wealth is not permanent, and if you don't know how to control your spending and manage your finances well, you will also become poor. To become wealthy, simply being good at making money isn't enough, you also need to be good at managing your finances.

Wealthy people are not only good at making money but also good at managing their finances. Meanwhile, many poor people are not poor because they don't earn enough money, but because they spend more than they earn.Therefore, adhering and maintaining discipline is extremely important, whether we are building wealth or already possess wealth.

[Gaza13]

I believe everyone's financial status is different, and so is their lifestyle. That's why those who waste money, it's said that they don't have any responsibility and are only thinking about today and forgetting tomorrow While those who invest their money are planning their future ahead and lastly, those who spend their money definitely have responsibilities to take care of. So, initially judging from the looks of things in a world where everyone has their different ways of life ,it's easy to say how they get money isn't their issue. But the issue is how well he or she is willing to make use of it. That's what determines the person's financial life. That's just it, bro.....

Those who waste their money, their mindset has not been fully formed in terms of understanding investment or inflation that is affecting the fiat money they hold. and apart from that, they show more of the results of their work by buying what they need according to their lifestyle. It is no secret that many people focus on daily consumption for lifestyle, without thinking about the value of money that decreases over time. Different people understand or are aware of inflation. Certainly, these people are looking for ways so that their wealth does not decrease significantly in the long term but can grow rapidly over time.

[dunfida]

I am someone who invests, saves, and also spends money. But I don't waste money. However, in my area, there are still many people who waste money and don't have savings, and in the end, they always complain when their money runs out because they spent it on parties. In my opinion, wasting money is not a good thing if we are not yet successful, except for people who are successful and can afford to waste money as long as they do so carefully and their income is already very large.
But it’s true that if we want to be successful, we must be diligent in saving and also invest. In my opinion, investing should be done in various fields such as gold, land, property, and also in BTC.

Wasting money when you’re not yet successful is just sabotaging your own future. There’s nothing cool about being broke later because you wanted to look rich today. Discipline matters way more in the early stages.

Even if you are successful and wealthy, you should avoid wasting money, because it can make you poor at any time.
Wealth is not permanent, and if you don't know how to control your spending and manage your finances well, you will also become poor. To become wealthy, simply being good at making money isn't enough, you also need to be good at managing your finances.

Wealthy people are not only good at making money but also good at managing their finances. Meanwhile, many poor people are not poor because they don't earn enough money, but because they spend more than they earn.Therefore, adhering and maintaining discipline is extremely important, whether we are building wealth or already possess wealth.

It would be just that a total waste if you are having that kind of spending on which it is way more than with your income, but for those who do able to make income or money out of different sources then its none of our business on how they would be spending up their money. The importance on here is that you are sensible on actions that you are taking specially when spending up your money. It would be that too dangerous if you are that spending up way more that on what you earn. Savings does play a big role when it comes into this aspect because on the moment that you would be finding yourself having no savings and when emergency comes then your fucked up. You should be considering on having some savings on such situations because not all the time we do have that on a safe situation and also money is important because everything now does come with a price.

[devlin85]

I believe everyone's financial status is different, and so is their lifestyle. That's why those who waste money, it's said that they don't have any responsibility and are only thinking about today and forgetting tomorrow While those who invest their money are planning their future ahead and lastly, those who spend their money definitely have responsibilities to take care of. So, initially judging from the looks of things in a world where everyone has their different ways of life ,it's easy to say how they get money isn't their issue. But the issue is how well he or she is willing to make use of it. That's what determines the person's financial life. That's just it, bro.....

Those who waste their money, their mindset has not been fully formed in terms of understanding investment or inflation that is affecting the fiat money they hold. and apart from that, they show more of the results of their work by buying what they need according to their lifestyle. It is no secret that many people focus on daily consumption for lifestyle, without thinking about the value of money that decreases over time. Different people understand or are aware of inflation. Certainly, these people are looking for ways so that their wealth does not decrease significantly in the long term but can grow rapidly over time.

Many people do not waste money out of ignorance, but because their income is barely enough to sustain their basic lifestyle. However, there are people who normalize consumption as a priority and see saving as optional or unnecessary. Unfortunately, without savings there is no investment, without investment there is no growth, and without growth money loses value over time.
In my opinion, it is not about living in fear of consumption, but about understanding that every financial decision is also a decision about the future, and that saving is not just about putting money aside, it is about creating peace of mind for the future.

[trendcoin]

The three paths emphasized by OP with money also focus on the worthlessness of fiat currency. So, I'm starting to see that it might make more sense to spend or waste money rather than hold onto fiat currency... :)

After buying what I need, I try to invest the rest of my money. I've never been a wasteful person, and I've lived almost like a miser. If I wrote down some of my habits here, people might even make fun of me... :) Anyway, I didn't want to mention this point because it would be off topic. However, I wonder this: How can I explain what I've learned to my children in the easiest way? I've lived a life and experienced these things the hard way, but I wonder how I can explain them to my children in an easier way...

[gibrab16]

As for explaining this to kids, I think the easiest way is through simple examples, not theory. Teach them that money is a tool, not something to hoard or burn. Show them how saving without investing loses value, and how patience and good decisions compound over time.

[Yeesha]

As for explaining this to kids, I think the easiest way is through simple examples, not theory. Teach them that money is a tool, not something to hoard or burn. Show them how saving without investing loses value, and how patience and good decisions compound over time.

I think teaching a child how to save is the first step,, before teaching them how to spend. Because as a responsible person that is what they will think about first in order to make their children responsible. There is a saying in my place which says "A child should learn how to make money, before he should learn how to spend". This is a bitter truth, because I know many people will disagree with me about this.. If a child doesn't learn how to save, they might found themselves in a difficult situation and they might find it very difficult to figure out the way out of the problem because they lost what it takes to do so, which is savings.

[GiftedMAN]

As for explaining this to kids, I think the easiest way is through simple examples, not theory. Teach them that money is a tool, not something to hoard or burn. Show them how saving without investing loses value, and how patience and good decisions compound over time.

Instead of much explanation teaching them with a good example helps take to understand between and to act accordingly knowing that it's the best thing they could learn for their parents which the institution won't teach them. What you said is true any savings without plans for investment will end up dropping the value of the money or it will be misused which is not a good thing to do after getting money, aside patience discipline is one other tool that helps in investments.

[hafiztalha]

As for explaining this to kids, I think the easiest way is through simple examples, not theory. Teach them that money is a tool, not something to hoard or burn. Show them how saving without investing loses value, and how patience and good decisions compound over time.

Instead of much explanation teaching them with a good example helps take to understand between and to act accordingly knowing that it's the best thing they could learn for their parents which the institution won't teach them. What you said is true any savings without plans for investment will end up dropping the value of the money or it will be misused which is not a good thing to do after getting money, aside patience discipline is one other tool that helps in investments.

Saving is best because we are watching many people who are doing hard work for earning money but they are not saving any money because their habit is totally opposite of that . Many people are earning good and they don't want to save because they have not bad time and big person of the family is supporting and they are doing work to enjoy life but saving is important we saw many people who did small job and they saved money and then they invested that money to earn more money and they have good financial status in the society. Many people like to spend money because they want to impress people and they are buying costly shoes and jackets and clothes and their salary is also good but they have no plan to what they want to do in life .

[Jateng]

As for explaining this to kids, I think the easiest way is through simple examples, not theory. Teach them that money is a tool, not something to hoard or burn. Show them how saving without investing loses value, and how patience and good decisions compound over time.

When children initially earn money they do not feel spending it meaning they are happy with the specific amount of money they earn but explain to them by giving examples that investing increases money rather than decreases it. its explain to children that spending money on the work for which they earn money also gives them a sense of satisfaction and that this money also has value. children earn money they should be given the opportunity to make decisions which makes them even more successful. Just as money is meant for spending knowledge helps in making good decisions.