Post
Topic
Board Economics
Re: The world's logic favours income makers, not the savers
by
Peanutswar
on 01/02/2024, 11:04:14 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. An independent middle class citizen, without the burden of a family on his back, can save enough money to buy the car of his dreams or the property he always desired living on, since he is commited to these goals, making a lot of effort and cuts on his expenses in order to accumulate enough money for that.
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It is too hard to save money if you have a family you need to help it is part of your duty or else it depends on you that you can now an independent person and they can handle their own, but we cannot deny most of us are still helping our family for their needs and reason why we cant save enough money to ourself and for our future. Other than this is you really grind in life not only getting one job for your needs instead do an extra so you can save up more.

~~Moral of the story: don't save money for more than one month. As soon as you accumulated some amount of fiat, put it into an investment and make it generate passive income for you, although you should avoid banking investments, since they usually pay below the inflation. Go for Bitcoin and assets when there isn't enough money to invest in something bigger. There is no assurance you will defeat the evil rigged system which smash common citizens, but at least you will be trying to overcome it...

Dont save in just one month, do at least 6 months any thing can happen you must prepare more than that so with this large number of days could be get more time to find another source of income really reason why ideal to have at least have an investment to have a good cashflow even though you lose one source of income.