Do you really believe in this saying, saving is only for the rich .

[Stardom22]

Most people are really brainwashed and because of that they hardly save anything on their income. Whenever they get financial difficulties they don't know where to start.

 

[Suba]

Of course, I don't believe that saving is only for the rich. Even kids are taught to save their spare change. So, we must have a financial goal. For example, if we want to buy a $1,000 laptop, we need to save for several months. Conversely, rich people don't need to save because they immediately deposit large sums of money in foreign banks.

 

[eLdavis]

No i do not believe this, saving is something anyone can do, it's all about being disciplined enough to do it.

 

[Augusta]

Nope, it is a lie and remains same. Savings is for everyone we just have to know this

 

[neku]

In some countries, investors from poorer communities find that the rich and powerful are extremely aggressive and ruthless in robbing their savings, making fake allegations without valid proof.

 

[Kera]

It is not only the rich that save. The rich don't even save, they invest. Average people save more than the rich.

 

[Tobi]

I think it is also important to ask yourself what your goal is. If you want to become fabulously wealthy and you don’t mind having a bad quality of life, then focus mostly on earning a lot of money. However, not everyone can do this regardless of how much they might want to.

 

[Augusta]

We just have to learn how to save. Saving is for everyone. You don't save you get stucked in rainy days

 

[Starmix]

It is a wrong judgment. The rich seldom save but invest. There are people with good salaries, and of course, they save. I am not rich, but I have good savings.

 

[Springtime]

Saving is definitely not just for the rich. Anyone, even kids, can save.

 

[Starmix]

Indeed, even kids can save. When I was 11 years old, I started savings. My parents taught me and my siblings the value of savings. So, never agree that only the rich can save. That's a baseless proposition.

 

[Augusta]

It is a wrong judgment. The rich seldom save but invest. There are people with good salaries, and of course, they save. I am not rich, but I have good savings.

That's right the rich mostly invest as they believe in generating more money and this is what the rich wants

 

[kit_hung]

It is a wrong judgment. The rich seldom save but invest. There are people with good salaries, and of course, they save. I am not rich, but I have good savings.

It is absolutely true to say that the rich often do not save much but rather invest. This helps them increase their wealth faster than someone who just keeps money in the bank. But there are also people with clean salaries who have the discipline to save and that is something important. Savings help in times of emergency and build a foundation of stability. Even if a person is not rich, they can have good savings and that is a big step towards financial responsibility. Everyone has their own path but the balance of saving and investing is what brings a strong and secure future.

 

[Stardom22]

Its evidently that one can't save what they don't have. When one lives in the hand to mouth basis, they really have hard time for saving.