Quote from: Btcdeybodi on July 12, 2025, 10:23:07 PM

Quote from: rachael9385 on July 12, 2025, 09:44:56 PM

Quote from: Stepstowealth on May 19, 2025, 01:47:12 PM

What do you understand by standard of living how do you think it can be affected by savings and investment. For instance do you think an individual who is actively trying to save and invest can improve their standard of living SIGNIFICANTLY or even maintain the one they already have?

Would you advise an individual to try improve their standard of living as they save and invest since saving and investment is a continuous process?

The essence of life itself is about growth and development, it's important to improve your life not to impress others but you are doing it for yourself. But the problem with a lot of people is that they do things above their means. While you are improving your standard of living gradually also work on making investments because life isn't only about the present, you must also make sure your future is secured

I agree that life isn't only about the present but we should prioritize the present because the future is not promised. The reason why am saying this is because some people think too much about the future to the extent that they don't even care about the present, there are people who starve themselves just to save money for the future even deny themselves good life just because they want to invest in the future. Let me take for instance some of the current events that happened around the world such as the India plane crash where about 241 persons died, we all heard of the story about a man who went to make life easy for him and his family in the UK and has already spent about 6 years working just to live his dream life, let us assume that he didn't live the best life just because of the future plans he had with his family but the day he planned to move with his family, everything ended at the plane crash so imagine the pain. We all have a future but while making plans for the future, make sure you live the best life now while anticipating a more better life in the future.

For you to build up your future then you should be focusing into the present and would be that learning up on what happened in the past and this is something that you do need up to do but of course it wont be that easy and not all would be that able to succeed when it comes to applying things on what you have learned in the past. For some factors then it will be that making out some effect in overall success. Speaking about savings then we do know on how it works and on what are the things that it could be used into and it would be that pertaining about investment and business then it would definitely be giving out such impact in overall living and status on which it could neither be giving out that probability that you would be changing up your entire life with it when it comes to financial status. Although not all would be ending up on having that success because we do know that not all that made out such engagement will be having that sure or guarantee success and this isnt something that could be avoided.

If you dont like on being trapped with that 9-5 job then you would be needing up to have that kind of action and its up to you whether you would be taking up some action or not. Some are just that contented on what you do have but of course it will be that not bad on being contented but if we do saw ourself on having that kind of potential changes then you should be needing to take up more one step. You are the ones will be taking up such action if you do need up some changes. Standard of living could be that totally different to each person on whether its being inherited or being that achieved because of hard work and good decisions in life. You are the ones will be taking out such action because if you wont be be having no plans then you would be that stucked on there.