Post
Topic
Board Economics
Re: How to save successfully?
by
laijsica
on 26/09/2025, 02:37:33 UTC
Saving does not necessarily require us an instant big amount. Whether it's big or small, it does not actually matter. What's most important is how you often save regardless of its amount. So if you have only few bucks left from your salary, then continue saving it because once the value compounded, it will gradually become a significant amount. And frankly speaking, even the poorest of the poor can definitely save if he really aims to, it only depends on the kind of mindset you chose to adopt.

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?
The biggest obstacle to saving money is not having a reliable source of income. It is a very difficult situation when you see poverty and cannot meet the basic needs of your family at the end of the week, in that situation you forget about saving. Added to this is the pressure of inflation which further increases poverty. When your expenses increase compared to your income the effect of inflation pushes it to a more miserable state. Inflation for a country is only evident when the problem of unemployment and the amount of wealth in that country gradually decreases and foreign aid stop.

If you are a middle class person, you may have some savings but it is very difficult for the poor. You do not need a lot of money to save but saving in small amounts requires mentality because if you can continue saving while meeting the daily needs of your family, it can be a major factor in poverty alleviation.