Post
Topic
Board Economics
Re: Saving is not enough
by
White pawn
on 09/06/2025, 17:05:57 UTC
Earning money is hard, saving money is damn hard, getting rich and being able to live comfortably is insane.

For me saving just for short term, you can't earn anything and your wealth will decrease over time. People have to take big risk if they want to be rich, if they only take some risk or little risk, it's not enough.

What does big risk mean? it's a risk where you can lost all of the money you invest e.g. start a business, invest in new thing etc.

I agree with you I had savings of 65 dollars sometime ,it was actually meant for something but considering wealth creation I decided to put it to a small business investment to get returns and rebuild with it but that was a very big risk I took as I've not really spent time to study the business plus I built the business relationship in a mere friendship and trust so I got scammed and lost the money.
So sometimes saving is not really enough but it involves a bigger risk .