Quote from: Onyeeze on June 28, 2025, 09:38:06 PM

I liked your answer, really if you want to get rid of poverty you need to earn more than your expenses as op says, but the is that anyone who want to save money have to reduce it budget on daily and weekly basis, because if you continue to be living the life style that will suit to your life you can never have a reserve, so it's one of the things that lead people into poverty if I'm not mistaken, if you're earning you have to budget on it, because if you fails to budget on it carefully, the money you earn will not be useful for you, and it will be difficult for you to be accountable to your expenses, but when you have a plan, you will spend with a budget or target

Income must be greater than expenses, of course this is an important factor, that's why we need to find as much income as possible so that we can allocate it well. But there is one thing that is certain and we must realize, every money we get from work or others, the money must have a purpose for what. Don't just save, but don't know what the purpose of saving is.

When we build money, the money will increase, but the standard of living does not change, the life experience is also the same, there is no progress. Money increases, but confused about what to do with it, so a clear budget is needed. Making money, saving it, yes, it must also be accompanied by the ability to determine financial goals. Money must be allocated for investment, business and others that can generate income. Because just saving money is of no benefit.