As the saying goes "Save now, enjoy later" this proverb describes how important it is for us to save now so that we can enjoy the benefits in the future. Of course, if one day economic conditions become chaotic, we have prepared things, such as financial security and the ability to meet urgent needs.
If examined more deeply, this saying is not always right because the words save now and enjoy later are very ambiguous. Just imagine if today we save $ 1000 so that in the next 10 years the money will lose value and maybe that is not a productive step. It is better to try to use the money for the right investment so that in the next 10 years our money will continue to grow because it has the benefits of the investment being carried out.
Savings are indeed important to do, but they must have the right percentage so that we can adjust. If we only focus on saving, how can we increase our income because money depreciates in the long term. Savings are made according to the right percentage to meet life and the rest can be used for investment or business.
Nowadays, there is inflation in almost all countries and countries cannot prevent this situation. We need to know the difference between investment and savings. People use different methods to protect the value of their money. Some people buy land or property and retain the value of their money as the value of what they buy increases over time. Some people buy Bitcoin and when they wait long enough, their money retains its value and they make a profit. There are many investment options similar to these.
Although saving and investing are different things, they both benefit people. When focusing only on savings, there may be a possibility of missing some investment opportunities. Investing at certain rates is an important move.