Post
Topic
Board Economics
Re: 5 things you should not do with your money to get rich
by
fuguebtc
on 05/12/2022, 10:14:22 UTC
5 things you should not do with your money to get rich or advance your lives



Saving doesn't make us rich, it just makes us more selfish with ourselves. If you want to become rich, you should work hard and give your best, not save. A rich person is someone who doesn't have to worry about money. If you have a lot of money but dare not spend it, no one will say you are rich. Don't just save money without knowing what else to do.

Saving will not make us wealthy, but in an emergency, you will have something to get on because it is difficult to obtain an emergency loan from a bank in that time and you will also incur debt. In saving, your goal is not to become rich, since to become rich you need to have multiple sources of income. Your main purpose in saving is so that when you really need money, you can get it. I don't think saving is a selfish act since you save for your future and for your family, so it won't be selfish at all.

Well spoken. I also disagree that we get rich by saving, but saving is not selfish, the goal of saving is for life's emergencies. In life, there are always unexpected things that happen, so we always have to have a backup plan. The current crisis is the most obvious example, a lot of people are struggling financially but if someone has already prepared some savings in the past then this is where the savings come into play. It may not give you a full life, but it will help relieve the pressure on you to make money as inflation rises and commodities skyrocket.