Quote from: OrangeII on March 26, 2024, 02:17:05 PM

Quote from: $anounimus$ on March 26, 2024, 08:41:31 AM

Investment is true to pursue profits but what about the risks faced? Meanwhile, if saving may always be discussed about things that are detrimental even though compared to the risk is very low. So I agree to invest, but of course I don't want to hurry up with an unseen-directed investment purpose, so if I have more money then I will save first. The point is that financial management is very important and of course does not have to mean the same as the others.

The reality is that prioritizing saving or investing is not wrong. it's just a choice for each person, because everyone has different plans. It's just me, the thing that needs to be done is to keep doing both.
It's not wrong for people to prioritize saving. That may be because he feels that the investments he has made are sufficient, or perhaps a percentage of the income he earns goes towards saving rather than investing. But on the other hand, focusing on investing is also not wrong.
Personally, I tend to focus more on investing than saving because I am focused on creating financial freedom. Where the income I get from investments and business can be more than the expenses I make. This will certainly increase the amount of savings I have when my investment is successful. However, I still save, although not as much as I invest.

Every dollar you save is a financial decision. Avoid taking sides, saving versus investing, and focus on balance and longevity. You're considering investing to make money. That's fantastic and active, but every boxer requires a sturdy defense; your funds

All-in investing is like a brawler neglecting his guard. Big shots appear nice, but one surprise (a job loss, medical bill, whatever) can ruin you. Smart investing and savings combine aggression and defense

This goes beyond a big bank account. Playing the long game, understanding the market, and recognizing your risk tolerance. Diversification and strategic choices always aim for financial freedom, not just money. The actual knockout punch makes the fight worthwhile