Buulding a business and saving which should come first

[magnus2022]

Is it better to start a business or start saving. I think is better to build a very viable business before thinking of saving. Saving is important but constant stream of income is very important to help boost financial growth.
If you don't a business that is viable, it will be difficult to save!

 

[kit_hung]

Starting business venture provides more stable income than saving little by little. The money that flows around creates huge profit that can grow your wealth quickly. Once you have stable source of income, you can start thinking about saving.

 

[Min George]

By savings before building a business, it is implied that the person already has a source of income. That notwithstanding, if I am saving at that point, it is just to ensure that I am building business or investment capital with the savings.

 

[eLdavis]

To save you need to have a steady flow of income, or at least something you can generate money from once in awhile. If you have the resources to start your business, then you can also start saving as well.

 

[Stardom22]

In whatever you are doing on the business, savings should be a priority. That is because anything can happen and the available savings could really help on that.

 

[Kera]

I believe that building a business should be the primary priority before savings even becomes an option at all.