Quote from: bakasabo on Today at 07:14:15 AM

Quote from: summonerrk on May 27, 2025, 08:58:19 PM

I recently thought that saving is very good for accumulating money, because everyone lives their own way and two people with the same salaries can manage money. So one will get rich, and the other, on the contrary, will take on even more debt.
And it all depends on the desire to buy necessary and unnecessary things and the ability to save, as well as to look for promotions in stores to buy something cheaper.

Does saving really make people rich? How much a person can save? A part, % of his salary only. While everyone have their own understanding of what means to be rich, but with saving I think it will never be enough. I havent heard stories that a person saved money for years and become a millionaire. If he really achieved that, then this salary must be in billions. With saving I have maximum saved for vacation tickets, or years of saving helped me to buy a car. I think that is maximum what can be achieved.

If the goal is to be rich, of course, saving alone will never be able to achieve that goal, there are already many examples of rich people in this world or in certain countries, we see that most of them are rich because of investments or companies they own, which means that even when they are sleeping there will be profits that they generate.

Saving is important, but it is only for emergency needs in life such as urgent needs or to achieve a desire to be purchased, it will not make someone rich by saving.

For me, the most important thing is investment, no matter how much salary we get, if we can manage it properly and invest properly, it is likely that it will change our lives.