In as much as money is involved there are only three basic activities that can be performed with money, investing, saving or spending and sure spending is the most exciting of all. Who doesn't want money if I may ask? No one doesn't want money and finding no one is certainly impossible so the best anyone can do is? Make money.
For a while now I've had to seat back and ask myself what I've accomplished on a personal level, right? Anyway I just found out that all I've been doing is dish out excuses and just to the perfect person, myself. I was about laughing after that but just realize that it's actually as serious as I can imagine.
Just one excuse I hear over and over again, you've never had money. As funny as that may sound that's the truth because I have to think back to "Rich Can Poor Dad," when you have a high paying job you can do anything.
There are consequences for each action carried out and the most if all is doing what sets to be the best if all.
While growing up I for one wasn't told how important money is as I was always in the face of spending money as soon and quick as I can get it. What's holding onto something that can be used to get what's needed immediately? The ease at which money is spent would be justified if making money is also easy. Anyway it is easy making money when the will to sacrifice for today to get a better tomorrow is always in sight.
Disparity Between Saving And Investing
I've always seen this working out and even thought for myself that saving is investing or investing is saving. The two words are easily misplaced and are sometimes used in the most contradictory way. So how do one best enjoy their money while engaging in saving or investing. First off, in as much as it involves spending on something that can be gratified is never investing.
Investing simply brings more money to the table while Saving is for later time, more for emergency.
Investing and saving both relate to keeping money aside as investing would bring money back in as saving is more dormant. Truth is that we understand today that money just remaining idle is not an option as inflation gets to affect the funds but how interesting it is to note that saving money as stablecoin is the best that anyone can have for saving. It remains clear that what is done with ones savings is as important as investing or spending.
The mentality that an individual possess as money would make anyone make options that is well preferred. Life has actually taught a vital lesson that investing and saving is best for anyone. There's an opportunity that rises. Most times, I find myself with the notion of money by even myself have less that I don't feel I'm even worthy of talking about money. There's a fact to more that the importance in ones life reflects in what they set to achieve.
My lifestyle have been primarily built about my background and I'd say I've been unlucky and keep forcing my luck to always rise above the odds and sure we learn and fail and learn to always be better.
The Decision Is Entirely Yours
When you begin earning or money is giving you, it's entirely up to you to decide what can be done with it.
The play should always be either long term or short time as that's how the whole game can be sort out. It all takes time nothing exist all of a sudden but actually can be lost all of a sudden and that's why it's sad that we take for granted what's hard to find.
The goal is to always have more available and within reach, the more important is investing but only that saving helps to make it happen. There's just equality in them both as investing takes the edge above.
We need multiplication when idle and that's what investing guarantees as it doesn't stay idle and it's put to work.
Thanks for visiting my blog, till next time.
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I've never been big on investments and it worries me. I've always liked to save money instead of investing because I'm too scared to loose my money to bad investments.
This was quite interesting to read.
Oh sure, everyone has to start somewhere one day and it shouldn't worry you because you e made something better for yourself with how you played the money game.
Quite interestingly, due to less if DYOR, it stems from uncertainty on investing money because saving is a certainty of keeping money and investing is the assurance of increasing money. With the decision to do the needful, one can simply invest with the assurance at heart that has been clarified.
Thanks for your feedback and glad it was relatable...