Saving is very useful in life
Sometimes to be able to fulfill it, you need to save and plan with the money you earn, when you save for the right reasons, you will easily become rich, but the truth is that most people save for the wrong reasons and that is why some financial advisors out there do not take saving seriously and they ask you to take another path.
you see the reality, some people save just to shop. That is, they save to pay their obligations and some people save to buy what they want.
It's not that saving is bad for you, but if you save just to buy your ability, the purpose of saving becomes meaningless because you save money just to buy things that have no value to you.
70% of people who save spend money on their lifestyle and buy what they want. People who understand more about money saving is the path to freedom. If you save for emergencies or to pay for basic needs, that's great, but if you save to finance your lifestyle, you may not get the true value of saving because saving gives you freedom.
Opportunity and freedom
When you save, you have the opportunity to take advantage of the opportunities that are in front of you. Often people miss out on opportunities simply because they do not have savings, and with savings, you can get great deals simply because you are doing it with Cash, and with money, people will want to listen to you and also make deals with you.
Savings not only provides a means to take advantage of opportunities, but also gives you the means to save you from poverty. When people save a little money, they believe that it is not enough to make an impact in their lives, but when accumulated over the years, this money can be significant and can be used for all purposes.
It would be bad if you save money and don't use it well, and this is where saving and using it well can be very good. You can use your savings well by starting a business or saving it in stocks to earn more money.
You can also invest your money in cryptocurrencies and so on. The thing is to put your money in a place that can make more money for you. This is how people use savings to avoid poverty, when you save for years, your money will grow and you invest this money in something good. This will not only give you freedom but also make you retire early, it also means you can earn more money. I will add to that too.
Saving can save you
Saving is good, but if you do not use the money you save well, you may not be able to benefit from the savings when you save. When you invest your savings into things that make more money, it becomes a good plan but a good thing that can save you from poverty from generation to generation. The act of saving is the first step towards financial freedom, so my post tonight, hopefully useful, and can be understood, greetings.