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Author Topic: Save More than Spend  (Read 1136 times)
Etranger
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January 30, 2026, 07:57:14 PM
 #181

I totally agree with you. It is better that we are saving more than we are spending as for me. I usually save money in order to start an investment or a business. We know that we can start up a business even with the little money we have but businesses are indifferent categories. There are some business that requires good amount of money for you to start up however, any business you want to go into need a start of money it may be small or big but whichever way in order to raise that money for the business or investment you need to save, so savings is very important and what you use it for after saving should be for business or investment because if you use it for the wrong thing then your savings is meaningless.

I can’t agree that using savings for anything other than investments or business is pointless. Savings can be used for travel or for improving one’s health, for buying a home or a car. These are all equally important and worthwhile goals. Of course, if there is access to cheap consumer credit, that need may diminish, but overall savings have far more possible uses than just investments and business.

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Yeesha
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January 30, 2026, 08:49:22 PM
 #182

Save more is good also earn wisely should be considered by so many, an entrepreneur might not suffer badly compared to salary earners during inflation period. In a country when the governments are not ready to restructure the basic needs including for example increasing salary payment for workers obviously if this is impossible for the government then no one can save except they find other source of income. Op is actually right because for those who are financially stable and can handle the economy rightly end up spending on less important stuffs, saving or investing the money would be better I guess many people make mistakes as such then end up regret.

No matter how financially stable a person may be, filling to learn how to spend money wisely can eventually lead to serious financial difficulties. Financial stability is not only determined by how much one earns, but also by how well one manages expenses, savings, and Investments. Without proper budgeting, self-control, and Financial Planning, even a high income can be quickly exhausted through unnecessary spending, poor  decisions, or lack  of preparation for emergencies. Wise spending helps  an individual to maintain proper balance, and it also gives them the ability to build long-term security, and at the same time it helps to avoid debt. So therefore, financial discipline and smart money management are very, very essential for sustaining wealth and preventing future hardship regardless of one's level of income.

Jody.Drummer
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Today at 04:18:37 AM
 #183

Maybe another question we have to ask ourselves is how often do we save or invest are we spending or we are saving to invest for the future, it's a serious question that we need to give an answer to which category will belongs and why because we must be more conscious of the future ahead of us if we don't want to be fully disappointed in life at last.
That's a good question, my friend. Of course, people who think about their future will try to prepare for it by working hard and consistently trying to earn money, which they will then save or invest, because that is one way to prepare for a good future. And when I think about myself, I balance things out, so the income I earn is used equally for my needs and for saving. Don't force yourself to save more if it worsens your livelihood.

It’s always easier to save money when you have a clear understanding of the goal and the reason you’re doing it. Simply setting money aside for a “rainy day” is extremely difficult, because the temptation to use those funds is quite strong, and very few people can resist it if there is no clear sense of purpose, no clear answer to why you are doing this and why you are limiting your desires now in favour of the future.
Having early desires and wanting to fulfill them is not wrong either. Basically, it is our will. My boss once advised me, saying, “It is not wrong to be extravagant for yourself.” That is true if we already have a stable financial situation. If our financial situation is still unstable, then it is best not to do so because it is not recommended when our financial situation is bad, not good, or mediocre. Saving a portion of one's income is a commendable practice in the context of financial management. However, some individuals lack the capacity to do so, particularly due to low income, which is the underlying issue.

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