What do you understand by standard of living how do you think it can be affected by savings and investment. For instance do you think an individual who is actively trying to save and invest can improve their standard of living SIGNIFICANTLY or even maintain the one they already have?
Would you advise an individual to try improve their standard of living as they save and invest since saving and investment is a continuous process?
why not, I will advise people to save and invest, because it will improve in their living when they save in the right assets. Some of the people you see around the world today doing well have some risk they embark that made them live in a standard
livelife. I believe you know that is very easy to say that you want to live a life of standard, but you need to take a bold step and invest on decentralized assets, you will surely live a standard
livelife in your country.
If you have not be investing in some potential investment, please start investing in some investment you know that you have knowledge on how it works to favour investors, because they are part of source of income that will make you and your generation to live well.