Save More than Spend

[Queen uloma]

To save more than you spend is a good habit for anyone that wants to succeed in life, Do you know that many of us doesn't know how to minimize our expenses, they don't think about the future, they render spend all than to save, which is very bad, do you know that when you save it's makes you prepare for any emergency needs, no one knows what tomorrow holds, you may loss your job or fall ill your savings can sustain you for the main time, haven't you notice that if you have savings you will have this inner peace, that's why saving is important, also spend less too.

[MissNonFall9]

To save more than you spend is a good habit for anyone that wants to succeed in life, Do you know that many of us doesn't know how to minimize our expenses, they don't think about the future, they render spend all than to save, which is very bad, do you know that when you save it's makes you prepare for any emergency needs, no one knows what tomorrow holds, you may loss your job or fall ill your savings can sustain you for the main time, haven't you notice that if you have savings you will have this inner peace, that's why saving is important, also spend less too.

Yes, saving is an important step to grow in life because saving is considered as the armor or shield of our future life. When a person knows that he has savings, he can at least live his life with complete fearlessness. It does not teach a person to deprive his life, it helps a person to save his life consciously. Many people say that if I cannot spend my income today, when will I spend it and will there be a right time to spend it later? But I say, what if tomorrow is a harder time than today?

[Zigabel]

Saving is not a bad idea but at same time it is not a solution to the issue of spending, if you refuse to use the money to add value to yourself because you are trying to save, you invariably make that money useless unknowingly. the purpose of saving the money is to enable you carry out a project or something in the future so when you are unable to do that which you had intended to do with the money, it makes that money useless, so i think it is even better to say make value from your money and possibly allow your money work for you than keeping it idle in the name of saving it, you will have that money waste away if you do not put it to use while saving it, inflation will come and deplete the value, it will be better to put it to use or make sure to increase your income source.

[Unknown Op]

To save more than you spend is a good habit for anyone that wants to succeed in life, Do you know that many of us doesn't know how to minimize our expenses, they don't think about the future, they render spend all than to save, which is very bad, do you know that when you save it's makes you prepare for any emergency needs, no one knows what tomorrow holds, you may loss your job or fall ill your savings can sustain you for the main time, haven't you notice that if you have savings you will have this inner peace, that's why saving is important, also spend less too.

Most of the people are doing job or selfjob and they are spending their most of the money because they need money and they are not focusing on their future which will be after 5 to 10 years and what they will become and how much they will earn and how much they will face difficulties in their life because of lack of money. Now they are doing enjoyment and are attending parties which are very costly as comparison to their pocket but they want to enjoy their life. They should save 20 percent of their income because it matters a lot when you are earning because you have to save more money which will save you from any disaster in life  because Many countries can face earth quake or any other kind of disaster,So be prepare for the future.

[ndutndut]

Saving is not a bad idea but at same time it is not a solution to the issue of spending, if you refuse to use the money to add value to yourself because you are trying to save, you invariably make that money useless unknowingly. the purpose of saving the money is to enable you carry out a project or something in the future so when you are unable to do that which you had intended to do with the money, it makes that money useless, so i think it is even better to say make value from your money and possibly allow your money work for you than keeping it idle in the name of saving it, you will have that money waste away if you do not put it to use while saving it, inflation will come and deplete the value, it will be better to put it to use or make sure to increase your income source.

Yes. It would be a shame to save in cash especially for a long period of time, because holding it in cash doesn't generate any income and will actually contribute to inflation. Saving is good, but only for a few months' needs. What I mean is, if you're saving to achieve something you should have the mindset you mentioned the savings should work for you, not carry high risks and be easily converted into cash when needed. In this case saving in gold is better. Gold can withstand inflation and is easily converted into cash.

So, when it comes to saving, we also need to be smart in making calculations especially saving for a specific goal over a period of time. In principle you should be able to allocate your funds into three parts basic food needs for the next few months savings or emergency funds (in gold) and funds for long term investments. It may seem simple, but it's difficult to implement. Therefore, you must get used to managing your finances consistently so that it becomes a habit.

[Adams0001]

To save more than you spend is a good habit for anyone that wants to succeed in life, Do you know that many of us doesn't know how to minimize our expenses, they don't think about the future, they render spend all than to save, which is very bad, do you know that when you save it's makes you prepare for any emergency needs, no one knows what tomorrow holds, you may loss your job or fall ill your savings can sustain you for the main time, haven't you notice that if you have savings you will have this inner peace, that's why saving is important, also spend less too.

The more you're saving that will probably helps but the best thing is that the more you spend the more you're investing in business that can be double your funds because saving is just for a purpose and then saving money in bank, I will prefer to invest it in bitcoin so that I can be doubling more money gradually then keeping it in bank without getting more profits. People that spend more then they save is a risk because if you don't have a way that you're generating profits you will find it difficult to succeed, so anything you're doing he should be in plans. So that you won't regret later. The more you spend and safe and invest your life will just be going smoothly without any problems.

[Emeraldo]

Saving is cool but pretty thing you should value more than that is investments, it is better to invest more than spending. Saving is simply Saving to spend money later on which is almost like delaying the inevitable.while you are just Saving all that money that isn't doing anything for you there are many ways to put it into good use. You can make money by allowing your money produce more for you.

I think investment and savings are two different things, the both are necessary as a man and they serve different purpose there should clear definition of what the savings is for and how long you intend to save  for.
Investments are usually long term  you might not get back what you invested at the moment so you need in a long term investment to be able too make good profit. When you invest for a long time and studying your investments then you will make good profit.

[Smack That Ace]

Saving is cool but pretty thing you should value more than that is investments, it is better to invest more than spending. Saving is simply Saving to spend money later on which is almost like delaying the inevitable.while you are just Saving all that money that isn't doing anything for you there are many ways to put it into good use. You can make money by allowing your money produce more for you.

I think investment and savings are two different things, the both are necessary as a man and they serve different purpose there should clear definition of what the savings is for and how long you intend to save  for.
Investments are usually long term  you might not get back what you invested at the moment so you need in a long term investment to be able too make good profit. When you invest for a long time and studying your investments then you will make good profit.

That's right, saving and investing are two different concepts and serve different purposes. These are basic financial concepts, but hard to understand why many people constantly compare them and claim that one is more important than the other.

Both are essential for our lives, and for life to run smoothly. What we need to do is build both and balance them flexibly, rather than prioritizing one and discarding the other.