Quote from: Cookdata on Today at 10:09:27 PM

Quote from: Youngkhngdiddy on February 17, 2024, 09:19:27 PM

To cut the story short, I’m advising mostly the young people of our generation to save, avoid unnecessary spendings and save even if it’s so little, cause you might find yourself in a situation tomorrow and you wouldn’t want to call home or ask for help, cause you have a second choice, that means you are literally getting yourself out of a problem. So please it’s not too late to stop spending on things that doesn’t really matter, so basically the money you saved today could literally save you tomorrow.

I think the subject should be invest some money today, so your investment would save you tomorrow. Everyone obviously need investment and if you have the opportunity to do, take advantage of it because it's now easier to make first million but not many people knows how to adhere to that status for long, they make the money and then blow it like it's nothing and when they try to make another one again, the luck don't come to their side again and after that one finish, they blame their self later for wrong move and it's already late.

To avoid had I know, better do when you have the means. There are time for everything, just because you made enough money doesn't mean you should go get a car and just because you want to buy a care doesn't mean you should get a car that you can't maintain, these are the problems we don't discuss enough because a lot of young lads has been mislead by the society lifestyles and peer pressure.

Investing is becoming a necessity. The deterioration of economies and the depreciation of local currencies push people more to invest.

Avoiding unnecessary expenses and deciding to save is a good start. A person's desires and needs are endless, and if a person does not limit himself in unnecessary needs, he cannot save. In order for a person to decide on this issue and start saving, he/she must first know how to classify his/her needs. When most people buy something they don't need, they feel like they are buying something they need, and they make the mistake of buying something they don't need.

Just because people around you are buying things or spending money doesn't mean you should too. Everyone manages their own budget. Deciding to save is the first step to take. People who make this decision usually realize that they made the right decision when they look at their savings after a while.