Post
Topic
Board Economics
Re: The world's logic favours income makers, not the savers
by
Bitstar_coin
on 20/01/2024, 16:32:49 UTC
People usually have the illusion that by saving money they are making a great deal, while in fact, the truth is that to save is nearly to useless when thinking on achieving financial progress in life...

I think the illusion comes from thinking by saving and not spending will increase the amount saved but the reality is - saving money does not accumulate faster than investing it for a turnover.
Infact doing both can be more beneficial, while engaging in any form of investment also save a percentage of the profit earned for just in case.
The best way to accumulate more wealth putting your funds in use.