Post
Topic
Board Economics
Re: Save money today so money would save you tomorrow.
by
Hamphser
on 01/03/2024, 20:22:04 UTC
So, more savings isn't always the solution, but more earning sure is the solution.

I don't think you can say that one is more important than the other. The right way is certainly a mixture of more saving or investing and trying to increase your income at the same time. And another important point that came up a bit too short in the discussion is to reduce your expenses as much as possible.
In reality on which people wont really be minding on creating or taking up such steps specially that they arent on a tough condition or situation but on the time that they are on those conditions or sentiments then this is where people would really be starting on minding on making out such step and would really be thinking about having those kind of adjustments on which they would really be having those thoughts that they should be stepping up their game via looking for another source of income, on which they should have done it earlier and dont wait up for things to get messy before they would really be taking such action.

Savings is really that relevant not only on the sense that it is really just that being used on emergency purposes but also it could be possible that you would really be able to make
out those investment or business out of those funds if you are really that having that kind of savings of course.