Quote from: Bitcoin_people on Today at 11:47:50 AM

Quote from: karmamiu on February 08, 2023, 05:26:59 AM

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.

You are a student so you should invest with what you have instead of saving money. Because saving money can never expect to make a profit, you must invest if you want to grow money for the future. A lot of money is spent especially during studies and it would be better to save some money and invest it. Since you are a student, joining crypto investment along with your studies will make you money in the future. But you focus on your studies first and besides that you can invest. I also studied and also got hired in crypto because I want to grow my fund in the future from my little money. so it will be better for you to invest instead of saving money, then your various financial problems can be solved.

It can indeed be done, but when we can't invest, especially if it's certain for the long term, saving is clearly better than nothing.
Indeed, in terms of the advantages of saving more, we will not get multiple benefits, but the purpose of saving is actually not a matter of profit and loss, I think, saving is a condition where we set aside some of the money we have so that when there is an urgent need we don't have to be distraught to find a solution in financial because we already have savings that we collect.
especially when we talk about students who definitely need money, especially towards the end to fight for a degree. By saving at least this can also be said to relieve some unexpected needs in several conditions.
Investment is indeed very good if indeed we have more money to set aside but Investment cannot be taken carelessly, of course, because this takes time, but when savings are there, they can be taken at any time when we need them.