Post
Topic
Board Economics
Re: Saving is Wasting?
by
cafee_orange
on 19/04/2023, 17:39:51 UTC
Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.

I'm not sure about the saying that the OP linked, I've never heard of a saying like that, and I think it can mislead anyone.
Precisely because saving you can avoid your waste, I think you have blamed the frugal ways of living, namely saving.
You can separate savings and investments, you cannot use your investment funds when you need them suddenly, but you can use your savings whenever you need them.
I think that in terms of saving is wasting only refers to a personal perspective because in my life I have never seen experts say that, let's say I didn't come across it, but when there is a statement about this, of course it will be a topic of conversation because this is clear. like going against the grain of the statement saving is something that should be done for better conditions.
And I quite agree with the concept of saving now considering that this is of course a pretty good thing to do, especially since we won't know what will happen to us in the future, so the anticipation in terms of finances by saving is definitely something that is really worth it.

in this case I agree more with your response, because we have different points of view so that sometimes we misinterpret.
as I said before that I do not agree with the OP's statement, where he said such nonsense. no one who saves feels that it is a waste.