It's best to save and invest

[Starmix]

It is best to save and invest. It is absolutely right that saving and investing are crucial for long-term financial security and wealth building. A well-balanced approach to both long-term and short-term savings and investments is essential. Saving provides a safety net for unexpected expenses and emergencies, while investing allows your money to grow over time, potentially outpacing inflation. The ideal balance between saving and investing depends on individual circumstances, risk tolerance , an financial goal.

 

[Suba]

I agree with you, ideally saving and investing can be done by everyone, but unfortunately, there are still many people who do not care about saving and investing, one of the causes is the lack of financial literacy and low awareness of saving.

 

[Starmix]

I agree with you, ideally saving and investing can be done by everyone, but unfortunately, there are still many people who do not care about saving and investing, one of the causes is the lack of financial literacy and low awareness of saving.

I agree with you on that, even my brother who works abroad does not have savings and his wife is very extravagant. I am afraid that he will retire broke,. He does not listen to my advice. It is so frustrating.

 

[Laurentta]

The best thing for any business owner or any individual seeking financial freedom is saving and investing.

 

[Nomad]

You need to save as well as invest. Investment is risky so you should not invest what ever you have. Saving give slower returns so you should not depend on savings

 

[Starmix]

Saving yields a very small interest, however, you can invest out of it after having accumulated savings. There is also no immediate investment. You do research first to know which one fits your budget.

 

[Springtime]

To maintain financial stability and grow your wealth, you need to save and invest. Saving helps you to accumulate money while investment helps to grow your wealth. But investment involves risks. So you have to know your risk tolerance level and have a diversified portfolio.

 

[eLdavis]

Right from time i have always believed in both saving and investing. I fill this would create a more balanced result.

 

[Starmix]

It is essential to have a saving for emergency use or investment. The small savings =once accumulated, you will be surprised at how it grows fast, unlike if there's no saving at all. You will be in a panic if money is urgently needed and no savings at all. It is crucial.

 

[Augusta]

investing provides greater returns, by far, than simply saving would. But If you have long term goals for your money and are looking to build wealth over the years, investing is the way to go.

 

[Starmix]

Saving and investing are good partners for a long and lasting strategy that could empower the lead of the person to discover a potential investment from its partner called savings.

 

[Augusta]

Smart investing may allow your money to outpace inflation and increase in value. The greater growth potential of investing is primarily due to the power of compounding and the risk-return tradeoff.

 

[Starmix]

If intend to invest but no money yet, as capital, it is best to save first and let the savings accumulate for the said purpose, which is to invest. Let us remember to invest only in something we can afford to lose.

 

[freelancermaria]

It is important to save and invest. Currently, I am saving money to build my emergency fund, as it still isn't sufficient. I plan to invest more in the future.

 

[Starmix]

It's best to invest to have something to wait in the future. There's also a chance to change the financial version of our lives especially if invest in Bitcoins and Crypto.

 

[Augusta]

We need to save to prepare for emergencies

For retirement and Accomplish life goals same with earning interest

 

[Starmix]

The ideal balance between saving and investing depends on individual circumstances, risk tolerance, and financial goals. Others just save and have no intention to invest. They might be afraid to take the risk.

 

[freelancermaria]

It's best to invest to have something to wait in the future. There's also a chance to change the financial version of our lives especially if invest in Bitcoins and Crypto.

True that. I invested again in Crypto in hopes of earning something later on. I just hope for the best. Hehe

 

[Stardom22]

Of course yes. Saving and investing normally goes hand in hand. I think that savings is so important and can equip someone to investing and so on

 

[Starmix]

O

True that. I invested again in Crypto in hopes of earning something later on. I just hope for the best. Hehe

Lol, seriously, it's indeed one ultimate goal in investing to roll our lives to greatness however, let's never forget the risks that may suck our money.