- Credits
- 1,667
One of the harsh truths about making money is that one needs to save before they can invest. Do you have a saving target that you plan to meet monthly or weekly?
Savings Targets?
- Thread started by Henrywrites
- Credits
- 47,755
Next year I hope to cross the 20k threshold and keep my savings at that point while paying off my school debt.
- Credits
- 1,667
This is a good plan. That is $100, 000 in 10 months. You can use it to handle things at home or pay off some debts.
Yeah, it's a big sum of money. But unfortunately, I don't meet up with that amount always.
- Credits
- 47,755
I think you added a zero there, nice as that would be.
- Credits
- 1,667
Oh, true. It would have been $10, 000 instead. Anyways, saving money no matter how little is important for unfroseen circumstances.
He gave an extra amount lol. It's a very nice figure to save monthly lol.
- Credits
- 47,755
Very true, life does happen at the worst of times.
You can never go wrong with saving money. If you don't save, you're making life more difficult for yourself.
- Credits
- 47,755
True, I've seen the struggles of those living pay check to pay check.
I have been on that path once, it's not funny at all. The daily uncertainty makes it too stressful to cope.
- Credits
- 1,667
I am still here, but working my socks off to ensure that everything goes well in the coming years.
It's definitely better than doing nothing. You will get past it sooner than you think.
- Credits
- 1,667
I hope so. Doing everything to get better in no distant time.
Just don't be reckless in your quest to make money. It's the only way to stay clear from scammers.
- Credits
- 1,667
True. I have this belief that scammers succeed because of the greediness of their victims.
Yeah, that's one the easiest way they get you into their trap.
Investment is also saving to me. It's the better way to save.
It is indeed the best way to save because it's where your savings pays you more than what you initially have.