Post
Topic
Board Economics
Re: Saving is Wasting?
by
firesurfer
on 28/04/2023, 14:32:28 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.
Saving is a practice. Investing early but not having the right method only makes you bankrupt faster in the future. Get into the habit of saving and learning other things first. Your experience with money will help you realize that saving and investing go hand in hand.