Post
Topic
Board Economics
Re: Saving is not enough
by
l3pox
on 06/06/2025, 17:56:40 UTC
I also actually think just saving money isn’t enough these days especially with how fast everything gets more expensive. If your expenses are always more than what you earn then it’s nearly impossible to move forward. It really comes down to increasing your income and then using that extra to invest in something that grows over time. Whether it’s crypto or starting a small business or learning a new skill to get a better job you have to take some steps beyond just saving. Otherwise you’ll be stuck in the same place forever.

I think it totally depends on what is your starting point
if you have zero on savings then you are correct, how much you make will totally make a difference
but over time the amount you save end up being less important because interest starts to get higher and higher to the point where it'll surpass your earnings several times

does it make sense?

it's like a chart where one of the variables (revenue) can go down over time if your investments are going up and up and you let it compound.