What it represents to be able to save and then make investments.
Nowadays investing represents a fundamental element for a promising future that can generate wealth and economic stability in the short, medium and long term, this in turn will help us in many aspects of our daily life environment, but we must keep in mind that in order to be able to make investments, we must first have the basis of savings that represents our financial health, which is nothing more than being able to know and manage a balance between the income obtained and what I can spend.
It is necessary to emphasize that if we do not save, we will not be able to make any investment, so we must give it the value it has for our future, a serious saving, educate and learn to save is significant, because no matter what investment we make, we will always need liquidity related to the savings we can make. By having a saved capital we will have other investments at the door.
To say that I must save is not synonymous to stop spending, no, only that I will spend what is really needed with the promise of obtaining more in the near future, this should certainly be reflected from childhood, so that in the stage of youth or adult is the common denominator.
To observe the ability to save, is to see the liquidity that is possessed, but it is also necessary to have our savings safeguarded and banks do not give us at this time that security to maintain a purchasing power when we want to dispose of them, so it is important two things: Buy properties or goods and that in a short time can be sold, or have the savings in cryptocurrencies as a stable currency, which does not lose value in the market, so that when you want to dispose of it will have the same value.
Finally it is essential to know that the investment will take us safely to the future, but we must place it in the place that corresponds to them, therefore before learning to invest, we must know how to save, because it will be the primary basis for consolidating our financial development.
All photos are in the public domain from Pixabay.
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You are welcome @dimarmaca! It is great to see you are doing your first steps! Great work!
It's very important to save and know how to invest money! If you don't know this, you'll always be a slave of money and you'll never be free.