If you don't save,you are not safe

[Republikcoin.com]

if we don't save money you will end up spending it but at the same time if you save money it isn't going to stop you from spending money you are just delaying the inevitable..it id important to have an investment because this is what secures what you have...saving does not add any significant amount of money to what you have...if you don't invest then you are not safe, savings is not really guaranteed

Savings are actually investments in assets that already have value in this world and are still popular with people from all walks of life. Therefore, when we are able to save these assets, our savings will continue to grow, and this provides more security than simply saving money, which immediately declines in value when inflation occurs. Therefore, investment choices for savings must also be clear because what isn't guaranteed is the value of fiat money, even though the value of every investable asset can also experience price declines in the market.

[GIF-JOBS]

Yes, you are right,  saving money  in bank is not really wise. But we can still underestimate the roles in which banks plays at times, with it you have easy access to pay urgent bills and also save for emergency. The cons of bank savings is just how it keeps losing value due to inflation. Some still prefer to put their savings in banks and we can't fault them for that, they might have their own reasons. It is only people who wants their money to grow value in a long term that invest in Bitcoin. There might be Ups and downs during the investment journey but  there will surely be rewards as long as you are discipline, patience and consistent.

We need money in our bank accounts for payments in day to day matters like paying for groceries, we also need money in our bank accounts to cater emergency situation like paying our medical bills. There is no escape for such scenarios and for that we need to have bank accounts with cash present in it all the time. Having said that if we have spare cash and if we keep that in bank then it will lose it's value over period of time. The effective utilisation of that spare cash is to invest it in sectors that increases its value with time.

Having cash in a bank account is essential to meet daily life and emergencies, there is no way to avoid it. But when it comes to keeping it for the long term, then of course keeping money in the bank would be the biggest fool, it will only lose its value over time. Because we are always understanding how terrible the negative impact of inflation can be, our income is not increasing but our expenses are constantly increasing, for this reason we need to keep money in something that will increase its value over time, so that the effect of inflation cannot affect our long-term investment or savings. And of course banks are never suitable for this, I think investing in Bitcoin will be the most reliable, especially for the future.

[nara1892]

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.

if we don't save money you will end up spending it but at the same time if you save money it isn't going to stop you from spending money you are just delaying the inevitable..it id important to have an investment because this is what secures what you have...saving does not add any significant amount of money to what you have...if you don't invest then you are not safe, savings is not really guaranteed

Basically, the name of the money will eventually be used too, it is a very natural thing because we live will always need or want something, what we should prioritize is how to find ways to keep our money growing or growing, saving in the bank is not bad but maybe not too recommended because over time it will only continue to cut the value of your money due to inflation and besides that as you said that our money will never grow, this is the reason why we always advise anyone to invest, especially in digital currency assets such as Bitcoin which has proven its development.

[suhadi88]

Of course, what we always plan and expect, reality never goes according to our expectations, but when we do something through planning, even if it is not guaranteed, the chances will be in our favor. People always expect positive things, have good expectations and continue to work to achieve those expectations, that is why the importance of planning is never less. It is better to do any work in a planned manner, we will set a fixed goal and continue to work to achieve that goal, nothing can ever be achieved randomly, rather we have to have clear goals and work towards that goal, then the whole thing will become more realistic and possible.

A total reset will certainly be tedious because it requires starting from scratch. Although we will become more adept at controlling it because we've been through it before, I agree that the best option is desired by many people, but sometimes along the way, we often deviate slightly or partially from the plan. However, there are also quite a lot of positive points to be gained. This means that the longer and slower the process, the more items that need to be evaluated for the best and most proven results.

[junder]

OP you are absolutely making a point but at the same time you are also making it look as if that people who spend money are not save. To be honest that is not the right way to put it because spending money doesn't mean you are useless or something, is just a way to socialize with your friends and family because there's no trees that prevent someone from having fun. But the truth is that saving money it's very necessary for us because it relive us from the ones that we are spending, at least you would have something to rely on at last.

The use of financial management is important, and as you said, one example is spending money on family. Even if we do something that costs a lot of money, if we have basically managed our money as well as possible, it's not a problem. Moreover, I think we do need to celebrate ourselves for our achievements every now and then, and even if it costs money, that's a normal thing.

[Uhwuchukwu53]

The fact about carelessness in handling money lacking the savings mentality result by poor management of cash inflow of individual who suffers financial breakthrough after seeing money that would have changed their life or future is anchor on ignorant on how money works, I remember back them my grandfather do says in his term that money is spirit, that it disappears and have ability to reappears if the holder is capable of using it magic of reappearing, that implies is that only when you invest wisely by saving properly that money appears back after it disappears through spending. Financial management is very important and one must be able to do away with anything careless spending and focus on investment and saving mentality before been safe, else regret will be the end result.

[Swordsoffreedom]

if we don't save money you will end up spending it but at the same time if you save money it isn't going to stop you from spending money you are just delaying the inevitable..it id important to have an investment because this is what secures what you have...saving does not add any significant amount of money to what you have...if you don't invest then you are not safe, savings is not really guaranteed

Investing does not guarantee anything, and it is even riskier than saving. However, in return, investing offer us the opportunity to increase our assets or even become wealthy if done correctly

Saving and investing are both important and play different roles in life. Saving keep us safe from emergencies, while investing helps us grow and expand our opportunities. We need both, and we need a balance between them if want to have a sustainable and secure financial life.

[Hewlet]

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

Becoming rich is not a function of just saving and investing, it literally goes beyond that. If you're not earning well, how possible is it that you're going to comfortably invest well? It's better to put emphasis on the need to prioritise creating system for yourself that generates money on a constant basis rather than looking for ways of spending the little one you've already earned.

Profitable investment though good is mainly profitable in the long run and so, while going about it, it's not supposed to be something you're to be loud about. Just keep doing it while remaining fixed on building your wealth outside your investment. If you ever make it seams like your life revolves only around your investment, sooner or later, you're going to end up spending your investment for your short term needs.

[bakasabo]

Dont you think it is wrong and ridiculous when a person have almost zero left from salary to salary? And that person is living like that constantly. It is not even about learning how to manage finances, but about not being able to plan ahead. This concerns not only about money. Such person is not good at planning in general. Very strange that such person hasnt learned about finances from his parents, skipped finances in school. That is bad when person does not think about his future.

[maknyos]

Dont you think it is wrong and ridiculous when a person have almost zero left from salary to salary? And that person is living like that constantly. It is not even about learning how to manage finances, but about not being able to plan ahead. This concerns not only about money. Such person is not good at planning in general. Very strange that such person hasnt learned about finances from his parents, skipped finances in school. That is bad when person does not think about his future.

People who can manage their finances well, even though their salaries are small, still manage to set aside money for savings. However, many people today earn substantial salaries but still find themselves short of money for a month, indicating poor financial management.
This must be addressed, as such behavior will sooner or later lead to failure. They must care about their future, especially once they are married and have children.

[Gamanka@@]

Is money necessary to be successful? Do you want to measure success by money? No, it is not possible. Success has nothing to do with money, some people artificially associate success with money. You are successful only when you are able to achieve your goals or objectives in life, it is not mandatory that you have to own money. Change your perspective on the definition of success. You will see many people in the world who, despite owning a lot of money, end up on the streets due to the abuse of their children or in just a short period of time they reach the list of poor from rich. That is, money should not be the measure of anyone's success.

There are many ways to earn money in life, there is no obligation that you have to save or invest to earn money. Don't you see Messi, Neymar or Ronaldo or some other celebrities who are earning a lot of money without investing money but only by their talent. What will happen with so much money? I consider the extra money after saving for you and your next two generations as unnecessary money, it has no value or need. Because, you are leaving money for those who will not even know your name. Investing is not possible for all people in the world, it may be due to poverty

Obviously money is not all that makes  you successful and same it's,  reason why I said  so is that  depending on how  you are being succeed in life itself,  you need money to be successful why because it's strengthen you to shape up your past, but one thing now is that  one do forgot his or her background misusing the money he got to push on his her life, though success is something you  achieved and a proud to you and the society.

Meanwhile I agree with statement if you don’t save you aren't safe, because seriously right now if you look at the situation we are now addays one to saved for future generations and purposes, life we live now  money is everything money serves alot of purposes, if you said if you are not saving how do you overcome your problems being you adult or family person,  you have no plans, squandering money you have is not of help seriously you might fall in crisis which you might need money if you don’t save how you think you are safe.

[Jaycoinz]

Dont you think it is wrong and ridiculous when a person have almost zero left from salary to salary? And that person is living like that constantly. It is not even about learning how to manage finances, but about not being able to plan ahead. This concerns not only about money. Such person is not good at planning in general. Very strange that such person hasnt learned about finances from his parents, skipped finances in school. That is bad when person does not think about his future.

Such type of thing can be detrimental to the person's future because saving money guarantees that you actually know what you are doing since the world doesn't only revolve around the present as we ought to know that planning for future is what really matters and should be taken into consideration so that you don't get lost in living so relaxed in the present while your future and tomorrow hangs at the balance of you getting to realize it.

[ndutndut]

We need money in our bank accounts for payments in day to day matters like paying for groceries, we also need money in our bank accounts to cater emergency situation like paying our medical bills. There is no escape for such scenarios and for that we need to have bank accounts with cash present in it all the time. Having said that if we have spare cash and if we keep that in bank then it will lose it's value over period of time. The effective utilisation of that spare cash is to invest it in sectors that increases its value with time.

Having cash in a bank account is essential to meet daily life and emergencies, there is no way to avoid it. But when it comes to keeping it for the long term, then of course keeping money in the bank would be the biggest fool, it will only lose its value over time. Because we are always understanding how terrible the negative impact of inflation can be, our income is not increasing but our expenses are constantly increasing, for this reason we need to keep money in something that will increase its value over time, so that the effect of inflation cannot affect our long-term investment or savings. And of course banks are never suitable for this, I think investing in Bitcoin will be the most reliable, especially for the future.

Essentially having savings and investments is crucial and they should complement each other for both short term and long term needs. Savings provides financial security for daily needs and emergency funds while investments build long term wealth which can help combat inflation and achieve financial freedom. So both complement each other to build a stable and solid financial foundation.

Saving is good but investing is also necessary. Consistency is key to achieving financial freedom. If you don't your financial future will be in disarray. This mindset should be in place saving and saving are important but they aren't enough. Therefore you must have investments (in this case I also recommend investing in Bitcoin) that will ultimately provide long term returns.

[colinistheman]

We need money in our bank accounts for payments in day to day matters like paying for groceries, we also need money in our bank accounts to cater emergency situation like paying our medical bills. There is no escape for such scenarios and for that we need to have bank accounts with cash present in it all the time. Having said that if we have spare cash and if we keep that in bank then it will lose it's value over period of time. The effective utilisation of that spare cash is to invest it in sectors that increases its value with time.

Having cash in a bank account is essential to meet daily life and emergencies, there is no way to avoid it. But when it comes to keeping it for the long term, then of course keeping money in the bank would be the biggest fool, it will only lose its value over time. Because we are always understanding how terrible the negative impact of inflation can be, our income is not increasing but our expenses are constantly increasing, for this reason we need to keep money in something that will increase its value over time, so that the effect of inflation cannot affect our long-term investment or savings. And of course banks are never suitable for this, I think investing in Bitcoin will be the most reliable, especially for the future.

Essentially having savings and investments is crucial and they should complement each other for both short term and long term needs. Savings provides financial security for daily needs and emergency funds while investments build long term wealth which can help combat inflation and achieve financial freedom. So both complement each other to build a stable and solid financial foundation.

Saving is good but investing is also necessary. Consistency is key to achieving financial freedom. If you don't your financial future will be in disarray. This mindset should be in place saving and saving are important but they aren't enough. Therefore you must have investments (in this case I also recommend investing in Bitcoin) that will ultimately provide long term returns.

Yes, both are equally important, and we need to balance them if we want to build a stable and solid financial foundation. I even think we should prioritize saving more. Because think about it, how can we hold those investments for the long term if an unexpected event occurs and our savings are insufficient? If you were in that situation, what would you do? To be honest, other than selling or cutting losses on my investments, I can not think of a better solution.

Regarding investments, I think it is best to diversify. Do not put all your eggs in one basket.

[Xcode7]

if we don't save money you will end up spending it but at the same time if you save money it isn't going to stop you from spending money you are just delaying the inevitable..it id important to have an investment because this is what secures what you have...saving does not add any significant amount of money to what you have...if you don't invest then you are not safe, savings is not really guaranteed

Savings are actually investments in assets that already have value in this world and are still popular with people from all walks of life. Therefore, when we are able to save these assets, our savings will continue to grow, and this provides more security than simply saving money, which immediately declines in value when inflation occurs. Therefore, investment choices for savings must also be clear because what isn't guaranteed is the value of fiat money, even though the value of every investable asset can also experience price declines in the market.

I also think the same as you, it doesn't mean that we save fiat money, there is no profit and it is not safe. In fact, I think that real savings are in the form of investments for the future which allows the money we save to increase and now there are many investment options regardless of our individual choices.

[laijsica]

if we don't save money you will end up spending it but at the same time if you save money it isn't going to stop you from spending money you are just delaying the inevitable..it id important to have an investment because this is what secures what you have...saving does not add any significant amount of money to what you have...if you don't invest then you are not safe, savings is not really guaranteed

Savings are actually investments in assets that already have value in this world and are still popular with people from all walks of life. Therefore, when we are able to save these assets, our savings will continue to grow, and this provides more security than simply saving money, which immediately declines in value when inflation occurs. Therefore, investment choices for savings must also be clear because what isn't guaranteed is the value of fiat money, even though the value of every investable asset can also experience price declines in the market.

We accept the harsh reality that invested assets can also experience a decline in value, but we also need to make sure that we are actually leaning towards some kind of financial security. If your feeling is low risk, then the impact of inflation will definitely affect that cash fund or asset. Select an investment method that has a high potential for profit with risk. Also it will be considered prudent to use the funds you invest. The amount of cash fund or real assets you have should be increased as well as continued.

It is foolish for investors to keep excess amounts of fiat considering it a stable asset in the popularity of accumulate. To keep the investment clear it is necessary to actually implement such strategies and coin accumulation and to keep them at a decent level with discretionary income.

[fruktik]

The country where I live is currently experiencing a severe crisis, and so the new generation of people born after 2000 sees no point in saving money. Because of high bank interest rates, they won't be able to buy an apartment, so they prefer to buy coffee right here and now, or take a taxi, or simply indulge in their favorite little things. Basically, they don't save money.
But still, as someone who was born later, I think it's always better to save a lot on everything, but then buy an apartment later in the future. I believe that the future is what it is. The most important thing is what we have, and living in the present is truly foolish during any crisis in the country.

I think I know which country you're talking about. )) Yes, the current generation can't afford to save even a small amount of money. They've already become accustomed to the idea that the future will be very bleak and holds no prospects for them. So, I can understand them. And where are they wrong? I agree with them. The economic crisis will last for generations. The time of hydrocarbon revenues has passed, and the technological base hasn't been built. Where will the state get the money? That's exactly what I'm saying.

[RockBell]

Dont you think it is wrong and ridiculous when a person have almost zero left from salary to salary? And that person is living like that constantly. It is not even about learning how to manage finances, but about not being able to plan ahead. This concerns not only about money. Such person is not good at planning in general. Very strange that such person hasnt learned about finances from his parents, skipped finances in school. That is bad when person does not think about his future.

People who can manage their finances well, even though their salaries are small, still manage to set aside money for savings. However, many people today earn substantial salaries but still find themselves short of money for a month, indicating poor financial management.
This must be addressed, as such behavior will sooner or later lead to failure. They must care about their future, especially once they are married and have children.

And finance management is a serious tool that people need to take seriously because if finance is not properly managed then there is going to be a very big problem and that is why like you said small salaries are making more impact than people earning a large amount of money and this is about usage and management, and financial management comes with a lot of discipline and only few people can do that and this discipline of a thing is as difficult as earning it self because if you don't manage your money well you will always suffer financially.

And why most people need to take fiance seriously because you need to put future plans in place and aside that one you need to to have a emergency funds stored so that when there emergencies you can have something to fall on because, when emergencies come and there is no money to attend to them then there is a big problem, so no matter how small the salaries might be you have to make plans because when you take it for a joke then you will know the importance of having money saved some were.

[DrBeer]

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.

It's a good idea, but it needs some clarification.
Simply accumulating money is not a good idea. The main reason is inflation, which will reduce the value of these savings. A better idea is to preserve value! That is, convert inflationary assets into deflationary ones. These can be gold, silver, or other assets that are less likely to lose value over time.
But an even better idea is to invest, which is a process where money makes money.
   

[lizarder]

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

This is crucial for every human being who desires to achieve a better life, but not everyone can make decisions about the implementation process to achieve a better life. Some people say they don't have the opportunity to invest money in fundamental assets because they argue they don't have the capital, while others seek ways to achieve financial freedom through investment or business. It's necessary to change our mindset because if we're stuck in our comfort zone, this will never be achieved because people are afraid to take risks when starting out.

We have the opportunity to invest money and perhaps it doesn't have to be about large or small numbers what's needed is a pattern and method. We can also spend money on essential or non-essential needs, but how we proceed towards financial independence is crucial. So that in the end we reach a conclusion regarding financial freedom from the process that we build in an effective and measurable way.