Quote from: zasad@ on September 19, 2025, 02:24:54 PM

Quote from: Reatim on September 19, 2025, 06:54:34 AM

is self control enough in this economy?

in order to save money, is it enough to just prevent oneself from buying things unnecessary or limit ourselves to only what is needed to survive? is this a way to live? is there no other easy way aside from earning so much?

sometimes i feel like even with utmost self control you still don’t end up getting rich due to expensive prices and lack of salary in general

I'll tell you the meaning of one successful man's words: he said that starting a business and getting rich is very difficult, but investing in successful companies is very easy. You don't need to limit yourself too much; if you can spend 0.1% of your income on investing, you'll probably succeed.
But if you want to get rich in a year, you'll likely lose all your money.

Absolutely right, I think it is not possible to live a good life just by reducing expenses because with time the price of our daily necessities is increasing and will increase further in the future because the value of money is gradually decreasing over time (inflation) due to which the price of goods is increasing. It is not possible to reduce our daily necessities very much. It is not possible to reduce our daily expenses much, we have to increase our income source, otherwise this situation can gradually become more dire. It is reasonable to invest some money in small amounts from the beginning of income with a long-term plan. From my point of view, investing in Bitcoin is reasonable because by investing in the long term, it is possible to protect yourself from inflation in the future. Therefore, by investing in small amounts regularly by following the right rules, profit can be expected in the future.