Quote from: goldkingcoiner on Today at 06:44:33 PM

Quote from: alani123 on January 18, 2024, 12:12:39 AM

But another less often talked about issue is that almost nobody is able to make savings anymore.
So, do you agree that radical changes are needed?

The reason why people are not saving so much anymore is because more and more people understand the fact that saving is not really saving. What saving really is, is investing into fiat. However due to the inflationary nature of fiat, that investment becomes worthless over time. And yes, I agree that changes need to be made.

Sure, saving up money is the instinctive way to protect your wealth. But that instinct is wrong. The best way to save up money is to invest in things more worthwhile than fiat.

Personally, I would invest it all into Bitcoin and a few smaller investments in other cryptocurrencies. I am sure that nobody on this forum needs an explanation why.

There would really be coming a point in life on which you do have those kind of thoughts that saving wont really be that needed specially on the moment that you do see that your pocket is full on which someone
wont really be that something mindful about on what would happen in future. They wont really be minding about those probabilities that they could really be able to deal with because on the time that they will really be able to think up and realize those things is on the moment that they dont already have the money into their pocket. We do know that regrets do really always happen at the end on which it would really be just that normal
that people would be not giving out importance if they are still on a good situation or condition but once things been fucked up then they would really be starting on doing into those so called solutions
but it do really ends up on being your self learning experience.

There's no way on knowing on what would happen in the future, this is why it would be always that relevant that you should really be having some savings because
once financial aspect would kick in then you wont really be finding yourself on such big trouble.