Post
Topic
Board Economics
Re: Saving is not enough
by
Adams0001
on 12/07/2025, 04:54:38 UTC

Moving to a country with a low cost of living has its downsides but investing and doing business are no exception as they also have risks. What guarantees that we can make more money from a capital of 1 million dollars through business or investment?


It is not a good decision to suddenly leave the country and go to another country for a lower cost of living. Because when you are struggling in your own country in various ways, it is foolish to go to a low-cost country and expect something good to overcome this pain. It is not that you cannot expect something good, but suddenly going to a country will take a long time to get set up. Doing business and investing in a country where it will take a long time to get back on your feet will make you unstable. Therefore, you have to get back on your feet by slowly eliminating all the problems from where you are. If you can get back on your feet like this, you will not have to tag the country and go to a low-cost country, your position will be better than in your own country.

Exactly, is better you should stay for within your country to do the business you wish, because by moving around to new location will definitely make it difficult before you can  adapt in another country. Saving is a very important aspect if you want to succeed but you need to used the Saving and invest in another things because keeping it won't benefit you, accept you have double source of income and by Saving it will be given you better budget to do more needful things that can probably generate profits for long term. Normally anything you want to do in this life you need to know that everything is risk. business and investment anyone have is own risks but if you can take the risk you can probably succeed on them but you can't guarantee you will be successful on it, but patient make you achieve your goals.