And if you see an old person who is starting to have difficulties in his old age, even though he used to be rich in his youth, it means that he did not invest his money so that his old age becomes more difficult.
People have different situation. Even if there are people who experience it, it doesn't always mean they didn't try to have investment or saving in his youth. They may already use all their saving or investment for a certain purpose. We don't know what the experience of each person, people sometimes have financial problems due to certain problem in their life. So, don't judge people easily!!
That true. In terms of priorities and needs, of course, everyone is different, and I think there is a point, as you said, do not draw conclusions too quickly, although what has been equated by @wmaurik also has a basis as well.
I really agree why savings are needed where whatever our current condition as much as possible there is a little reserve for emergency funds and this is as the last alternative if you really want to be issued if indeed other solutions no longer exist without having to take loans to other people or apply for credit to banks and this is a win-win solution and as one of the best ways to protect yourself from unexpected situations.