Quote from: Z390 on Today at 04:07:08 PM

Savings won't make you reach but it's needy to get you there, if you are running a business you need to save up to improve your business in the future, if you are earning less money you need to save some money and have enough, you will be able to make a good decision using the money someday, e.g invest the money on a start-up business or invest the money in stock or Bitcoin.

Saving is not a waste, old people used savings to take good care of their families, I know that's a long time and that was when life was very easy, today savings will get you somewhere but it's not going to get you rich.

I completely agree that savings are a crucial part of financial planning, especially when it comes to managing a business or personal finances. Saving money can allow individuals to have a safety net in case of unexpected events or expenses, and it can also enable them to invest in future opportunities like a start-up business or the stock market.

While savings may not make someone rich overnight, they do provide a solid foundation for long-term financial stability and growth. It's essential to make savings a part of our overall financial strategy and regularly allocate a portion of our income to savings.