Post
Topic
Board Economics
Re: Try to save money while you still can, will you ?
by
xSkylarx
on 31/05/2023, 15:45:01 UTC
~

Agreed. To find a life-work balance is hard but worth all efforts. The more important thing is that in the pursuit of balance, we have set a great role model to our kids. Parents are always children’s “heroes” and if we do nothing positive in life, they will be more likely to be less disciplined and live a miserable life. Nowadays kids are way easy to be spoiled and we, as parents, should both provide a good financial support, more time with kids, and draw a line not to spoil them for the sake of their healthy growth. It’s a difficult task as well but we should do it. No matter what.

We should try, I would say. No one knows how to raise children properly. What we do know is that having enough money is not enough. Kids of rich parents would be perfect, if if it depended on money only. But we all know that in mane cases they are far from being perfect. So, we should focus not only on saving money for our kids' future, but also on their early education, because you can't compensate the lack of it with money.
You're right, but saving money is also an important point if one of our goals is educating children. even today if you want your child to acquire good knowledge you also need money for that. So, raising money is very important for the future. we can teach our children good knowledge while we save. however, the positive effects of saving are numerous. In fact, besides education, you can increase your business or investment by saving consistently.
there are so many advantages of saving for the future but all of that should not disturb the current balance of life, prioritizing the interests or needs of current life and then leaving it for saving.
the matter of educating children and also health is included in the important needs, whether saving or not education and health must be prioritized.
therefore don't save too much so that you put aside current needs.
It's true what you said saving is important but again we have to be able to manage it first,
after managing these needs have been met then we can start saving,
The most important thing is to meet your needs first, then save.

but for others (depending on the person and the salary), they do the saving first before having their needs, and I hope I will experience this too, because they say that you can't save if you spend on your needs first because the wants will follow at that time, but again, this depends on your income. As for me, I need to budget my needs first, and if there are extras, then you can save.