Quote from: Xcode7 on Today at 04:38:45 AM

Quote from: Cityhunter34 on July 19, 2025, 08:57:47 PM

Of course saving is not enough at all, that is one thing most people normally forget. However, saving can only be a enough when you have a good investment plan for yourself, without that there is no how your savings would be able to cover all your needs. Normally having a savings is quite good but let it be that you have an investment that would be fetching you money all the time because saving alone might not be that fast in times of achieving goals.

I think so too, but the bottom line is that we need to save for everything we do, including investing, which of course requires saving first.
It all depends on the plan we make at the outset. If we want to grow, we need to invest or start a business. Saving won't increase our money. However, I want to reiterate that this doesn't mean saving isn't important.

However, this issue is due to the different perspectives of each person, see, there are also many people who are not willing to take risks at all, that is, they want to collect money in a completely risk-free manner, and for this they move towards savings, because there is no risk in it, but they do not understand that, even if their money is completely safe through it, it will never grow in real terms, rather, over time, the purchasing power of that money will decrease due to inflation. So those who do not want to take any kind of risk, they can never achieve success. See, nothing is risk-free, there is risk involved in everything, and when you bravely take that risk, only then will you achieve the possibility of success. Yes, I am not saying that saving is not necessary, it is absolutely necessary, but saving alone is never enough to achieve success, you can never achieve success through saving alone, saving will protect you from financial dangers, but success will come through taking risks and investing or business.