Post
Topic
Board Economics
Re: Should you save, when you are wealthy?
by
juhobtc
on 05/04/2023, 13:53:29 UTC
Know your financial limits in advance and plan wisely so that you can achieve your goals in the long term.
You can't get rich if you don't have savings that you then invest in assets that can bring you profit, but first think about how you manage it while you can't ignore the necessities of life.

If you have sufficient income, I think you can plan this idea well. But on the other hand, if your income is only able to meet your daily needs, please don't expect something big without doing something big.

You talk about saving and creating start-up capital for investments, but also many people here say that saving cannot make us rich. Therefore, I understand that more is needed to create wealth, and we again return to the idea that you need to create a business that will generate capital for further investment.