Exactly, if you save money, you will have more money to save when you have a source of income, however other individuals prefer to invest their money in order to make more money. Saving is typically done for the short term, whereas investing is done for the long term. In the short term, it's a good idea to invest your money rather than save it. Saving is just a normal thing that you can't get anything back from, any amount you keep in a luck key that is the money you will see, but when you invest you will get a high profit back, as for me i would rather invest my money than save it.
So you became rich by investing? Or are you still losing money and looking for another way to cover your investment losses? Investing is the best way to increase our wealth, but there is no guarantee that the investment will definitely bring you a return. It's a bad idea to put all your money into investments and not have any savings because the investment will never be able to help you in emergencies or daily needs. It is quite surprising that until now, many people still do not know the importance of saving.
depending on the investment undertaken, investing certainly has its own risks in each field, for example we invest in land, of course even though we don't have adequate knowledge about future analysis, this investment is classified as very safe, because every year it will increase. it's different with investing in cryptocurrencies or gold, of course it has a higher risk, therefore we must have prior knowledge to be able to manage existing risks, this is better than saving fiat, where the value of fiat currency will be decreased as inflation increased. therefore we must be good at managing finances
Investing in real estate is the safest investment, but there is no guarantee you will get a profit in a short time or without loss. What if you invest all your money in land and then you need the money for emergencies like surgery on your loved one? That's when the investment will be useless, and the savings will come into play.
Life is full of surprises, in the past and present, your life is favorable, but it does not mean that your future will always be bright and free of uncertainties. If you have no savings, you will find your life miserable. Even the top billionaires still have millions of dollars in savings, they always leave a backup plan. We should not put ourselves in danger or dead end.