Post
Topic
Board Economics
Re: Save money today so money would save you tomorrow.
by
Bitco55
on 01/03/2024, 16:21:56 UTC
I wasn't really a saving type, but lately looking at the current situation of things in my country, how costly things have gotten, once money enters your account or wallet, you'll be suprised of how you won't be sure of how it vanished, not to talk of having a tangible reason of what you did with the money. So recently looking at how people cry for money and personally looking at how I needed money I decided to start splitting the little allowance I get, saving one part and using the other, I won’t really say that it has made me a billionaire or that I no longer lack money but at least I have cash somewhere that I could call my own and fall back to in cause of emergency.
    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.

Honestly, I'm not gonna lie, it is very difficult to save money, especially in a bad economy. You aid it yourself OP, you don't even understand how your money finishes on expenses and bills you have to pay... Imagine adding saving to the list. It's going to be extremely difficult.

But, I don't think it was meant to be easy right? Get a side hustle, an extra job where money earned there would be totally ( or partially) saved. Reducing costs in order to save money only works for people who at least have a little bit of comfort in their earnings. You can't earn 10 dollars and save expecting even $9 to do you good for a while. That's of course, unless you still live under your parent's roof. You can even decide to save all.

So, more savings isn't always the solution, but more earning sure is the solution.