Hello and Namaste Everyone
Managing our finances is not easy but could be easy if we plan things. It's very important to put money on something that can get us some good returns. I don't believe in the concept of the present with money that we need not worry about the future. Some people say that they don't earn for the future and they want to enjoy the present as much as they can.
My thoughts are different in this and I always believe in the concept of saving money for the future and living my life on the present because if we do not save the money today then tomorrow is going to be tough for us.
money is not everything but yes this is something that we all should have for life survival and today's saving will help us live tomorrow because we never know how our tomorrow will be so it's better to plan our future well in advance.
Saving and investment is such a nice thing that if it is done on time and that to be the proper planning then even a small amount can be quite big that is good enough to do many things. I have been saving money since I was in my graduation and this habit I learned from my mother.
I am saving a small amount every month with my crypto investment and my goal is for the next five years. I am not going to sell out anything even if the price is going high because I do not like to withdraw money unless my goal is achieved with a period and that is why most of the time I am in profit. if you are an investor or planning to invest then I would say you must have a long-term along with whatever you do because with a long-term investment that I believe to get profits whereas with short term things are highly risky.
My saving and investment technique is so simple that I save every month and invest in the long term. Although I am new in crypto and I follow the same principle here as well. I am not trading because I don't know much about it however I find myself at a good place in saving money and investment.
what tips do you follow with saving and investment?
Thank you so much
Namaste from India
Hi @reeta0119
"Managing our finances is not easy, but it could be if we plan things", day to day life leads people to exhaustion not only physically but also mentally, to the point of forgetting to do their respective planning in economic and social. Excellent post.
Best regards, be well.
To save gives us a great and worthy esteem, saving may seem old but it is an act that is worthy of emulation all the time, saving helps us plan better and achieve better standards.
@tipu curate 2
Upvoted 👌 (Mana: 24/48) Liquid rewards.
Greetings @ reeta0119, it is very true that you have to save, but for that you have to do a good planning of the money you earn in order to know exactly how much you can save or invest.
Excellent post.
it's good to save for the future truly. but, both savings and investment needs discipline and seeing it as an habit.
Hello @reeta0119
The habit of saving is a very good one, but I particularly think it should be done with a goal normally, rather than just saving in Fiat money, as some do. I think you do well to collect in Cryptocurrencies, no doubt the short time of existence they have had allow you to see what is good to save for the long term.
Wow I like your five year plan, I just might join the train. Thanks for sharing your experience
glad you like it. thank you so much
Hello friend, excellent publication, the truth is that having knowledge about this is important, in today's education should incorporate it. Knowing how to manage our money will help us to be happier and less ignorant people. Greetings.
thank you so much for nice comment.