Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?
If me i will focus on saving money because inflation is something that can affect on a lot of people include us. And we can't rely on other people beside ourself. And i know you are a good friend, but just make sure you create border until where you want to help your friend with his life.
that's right, we don't know what will happen in the future and to avoid things we don't want, therefore we must have savings.
I don't have a lot of income, but no matter how small, I always make time to save because I believe it will be of use to me in the future.
in terms of helping others and even fulfilling one's own desires in my opinion there must be a limit, we must be able to manage between what is very important and also important in managing finances and we also have to place saving in the most important thing so regardless of the amount we will make savings.
Not many people can think about the future and prepare for it, I mean they think about it but in their actions they don't take any action, like saving or investing for example. If we follow our ambitions, then we will never be able to save or invest, because we will always be tempted to buy something that is not important, or in other words, we will become wasteful people. Saving or investing requires enormous sacrifices, because it will reduce the level of our purchases of whatever it is. Never think only for today, but we must also prepare for the future. and the future itself is not only for us, but for our descendants as well.