Post
Topic
Board Economics
Re: Take care of your money and learn to save.
by
uchegod-21
on 05/06/2024, 22:11:11 UTC
People's financial situation is not always the same as we have enough money now but in the future we may not have enough money to spend. Now we have enough money so now I will go out of my way to spend money as I want for no reason then later when I don't have enough to spend but no one else will give me money to spend. It is a fact that as long as you have money and as long as you spend money behind others people will speak for you and people will be with you but if one day you want to walk with them without spending money then you will find no one to walk with. Since money brings people closer and money drives people away, money should be given the most importance. 

The amount of money that we are earning now is divided into several parts and the remaining money is the money but if we want we can invest or save so that if there is a financial crisis in the future but this saved money will support us well. 

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.
It is true that one will not continue to earn heavily throughout their entire life. Sometimes we earn more and sometimes we earn less. In order to continue to be valuable and not return to the state of poverty, one really need to invest or in the other way they save. Why some people will weigh into the debate of saving and investing which is better. I simply endorsed either of them, the worst scenario is when you are not investing and you are not also saving. Investing is good be better if the right investment is done. But if you invest wrongly you could return to square one while someone who is saving will likely not return to square one.
While some people say ill against savings, I cherish it and also believe that one can be rich through savings. Yes, I am confident about this especially when you are consistent about it.