Most times we can't really choose which comes first some money comes with out us making it so we save it and start making money. Then some times we make money not even from savings and begin to save some and make more money
in crypto currency one must understand that both saving money and making money is a function of cryptographic knowledge. Because in crypto currency money takes different forms and turns
Not all coins requires trading.. And even at all you intend to trade you should know how to trade.. And be ready to stake money and also be ready to lose money
Hahaha, see question!! If you think saving is waste of time, try ignorance. Yes, keep on making money without saving any. Poverty is knocking, do you want to open door for it?
Making money and saving money are both important as they contribute to wealth growth, you can't get rich without saving money and how can you save when you don't
No one is less important, the both work for our betterment. You make money and also save. You cannot save what you don't have also you have to saveti make more investment
Sincerely speaking, both are of great importance. But, when I scale both, I found out that making money is more important than saving money, while, saving money makes you richer.
That is right. But then, some people attempt to earn more money and spend a lot. Where others, earn less money but save more. What do you think of the two approaches
You know many may decide to spend just the same way they earn extravagantly while others are conscious of their spendings in order to save for rainy days #talkingpoint
same thing applies to making money, making money is important but knowing how to actually make that money is important esle you end up losing money instead of making money
Balancing the two is necessary because on the surface it may seem as if making money makes one richer but it's not, rather making money and putting it to good use like investing then saving the profits can add to one's wealth
Making money is important. You make it and then decide what to do with it. But then, some people believe that saving consistently for years can make one rich.
This topic is really important because alot of people are very confused on which area to go on with. Some people are struggling with making money and saving money. Even countries are struggling between making money and saving money
many people don't know this. This is why I tell people financial education begins with crypto academy. The interest at bank is not always the focus when it comes to saving money in the bank because the interest is as good as
i can't even imagine making money without proper investment in other to have a reason y you make money you should have things that gives you back that money. It will show you rae growing
savings has actually come through for me alot of times and can't denial the peace that comes to one when money he or she saved comes through for the person
So since I agree that this two proposals are important, I will say which one you want to do. Seek financial education.. Saving is important, however knowing how to save is very important especia/
Making money gives you the opportunity to increase your wealth and pursue your goals. Ultimately, I think it depends on your individual circumstances and what's important to you
Saving is a good habit and we save from what we have made. Setting out a percentage of what we have made and investing in it on hive/crypto #talkingpoint
If am not to take a stand I would say both are important to financial freedom. @fokusnow
I think you are absolutely right. So if we are to place them in order, which do you thing should come first - making or saving money?
Most times we can't really choose which comes first some money comes with out us making it so we save it and start making money. Then some times we make money not even from savings and begin to save some and make more money
Do you think that budgeting can help one to save more?
But how does this apply to cryptocurrency?
in crypto currency one must understand that both saving money and making money is a function of cryptographic knowledge. Because in crypto currency money takes different forms and turns
A total different from, but how can you save your crypto, ist trading with it or just leaving it in your digital wallet?
#talkingpoint
Not all coins requires trading.. And even at all you intend to trade you should know how to trade.. And be ready to stake money and also be ready to lose money
Really? So there are some coins you can't trade, I never knew?
yes this is because they have got no value in the market
I'll say making money #talkingpoint
OK dear for me is still
Spending less than what you make is more important but not a firm promise of being rich. #talkingpoint
You mean one should try not to spend more then their income right?
Spending more than what you earn makes you a debtor. #talkingpoint
if you don't spend less you will apparently be left with nothing
If you don't save, you'll have nothing to fall back to in need. #talkingpoint
#talkingpoint yes especially during emergency
Savings is very important. #talkingpoint
I can never keep what I don't have or is that possible? #talkingpoint
Making and saving goes together. Isn't that what you're trying to say?#talkingpoint
That's it, so they now work hand in hand
is there any firm promise of making rich anywhere?
#talkingpoint
Are you saying that making money is not all that important?
Did I?#talkingpoint
The number one building block of financial success is Saving. #talkingpoint
Really? What type of savings are you talking about?
i don't think saving gives more I think investment gives more money especially long term investment.
Exactly saving from what you make
'ecan you save what you don't have?
What do you think of making and not saving?#talkingpoint
Thats illiteracy at work and it must surely lead to the spirit of poverty.
Do you think Saving makes on rich?#talkingpoint
Hahaha, see question!! If you think saving is waste of time, try ignorance. Yes, keep on making money without saving any. Poverty is knocking, do you want to open door for it?
Open door for poverty or fo saving? #talkigpoint
well the truth is that you can save what you don't have so I will say that the both works hand in hand, you make money then you save.
#talkingpoint
So if you are to them in order, making the money should come first right?
yes make money then chop small and save small
Yeah, they both work hand in hand, accumulating and saving
#talkingpoint
Making money and saving money are both important as they contribute to wealth growth, you can't get rich without saving money and how can you save when you don't
So which of them should you do more - Saving more money, or making more money?
I honestly think you should save as you earn
No one gives out knowledge that you don't have so you must gain because you give likewise you must make money before you save
Quite agree with you
exactly #talkingpoint
Are you saying the co-exhist? #talkingpoint
Yes, I honestly don't think you can use up all the money you have at once, it's always using some and keeping some or do you think otherwise?
Some people don't believe in savings, they say they'll always make. Have ever heard people talk that way?#talkingpoint
Saving a percentage of what you make is making payment to yourself first. #talkingpoint
So for each income, I need to bring out a percentage to save right? I believe there is short term savings and long term savings right?
I think the percentage should be in uniform and there's long and short term saving, the choice is up to the individual.#talkingpoint
Between making money and saving money, I think the most important of the two is making money.
Both work together because if so not save you won't invest and if you do not make money you won't save
Yes. Building wealth should involve making and saving. But if I may ask, which should is the fastest way to grow wealth - Saving more or making more?
Only that cannot make you rich. Making money without save will make work without result
Yea, I can clearly detect an atom of truth here. Because, it's only when you make money that you'll save. So, the first step is Make money
Yeah, I have reads book of many rich people, none of them got rich just by saving, them kept investing their earnings.
#talkingpoint
No one is less important, the both work for our betterment. You make money and also save. You cannot save what you don't have also you have to saveti make more investment
Thats is right. But then, what are some things that make it hard to save money consistently?
Indiscipline. Problem no dey finish ooo
Am also on this table
Exactly my point #talkingpoints
I think making money is the most important, I'll state my reasons soon
#talkingpoint
Oh, this is really a nice view point. Let me wait for your reasons.
saving money simply means keeping money aside for the later use. All are important but are very intertwined
This true. But with regards inflation and many other things, is it advisable to save fiat?
it is advisable to seek financial education on how to save money.. So yes it is advisable to save money
Sincerely speaking, both are of great importance. But, when I scale both, I found out that making money is more important than saving money, while, saving money makes you richer.
So you will actually put more effort in making more money abi?
Yea because it's only what I have that I can save
welcome back #talkingpoint
U made an interesting talk
Thanks dear fellow#talkingpoint member
So I say and I Stan that both are necessary for getting richer
Money does not come down from heaven, hence we must struggle to accumulate money then we can decide whether to save or not
#talkingpoint
That is right. But then, some people attempt to earn more money and spend a lot. Where others, earn less money but save more. What do you think of the two approaches
You know many may decide to spend just the same way they earn extravagantly while others are conscious of their spendings in order to save for rainy days #talkingpoint
So we need to watch how we spend right? Will making a budget help?
Hajaja, so, which do you do?
honestly, both are of high value because they do work shoulder to shoulder. Yes, if you want to be rich in life, you need to make money and then save
As we are talking about saving money, I know you do save. What methods are you using to save?
i do save in hbd, HP, Leo, layer2 tokens. Let's just say in crypto
That is the best. I do not save money in the bank. Do you?
I tInk it's making money because you can't save money without having
You are absolutely right. Now, saving more money, and making more money, which should be done more?
Making more money. As I make more money I will have to also save more money
that's the point you cat save empty pocket
Yea that's true do you know that some people make more money and still tend to loose them in future because of unnecessary spending?
thats the point, you should know that you have to stop at some point and save more
You think what of making money? #talkingpoint
If you don't make money, how do you expect to save? #talkingpoint
Hahahaha. One cannot save what they do not have. Isn't it?
You got my point clearly, it's impossible to keep what you know you don't have, hence the first step is get it first then you save
#talkingpoint
Do you think it's possible to make money without saving? What's your opinion? #talkingpoint
same thing applies to making money, making money is important but knowing how to actually make that money is important esle you end up losing money instead of making money
That is right. We need to create an income avenue right? But when it comes to savings, why is it so hard to save money, especially for young people?
Making money and saving it goes hand in hand, you can't save what you don't have. #talkingpoint
I wonder why saving money is so difficult. Why?
I made this one,I will still make another and continue to make, makes it difficult.#talkingpoint
I stopped saving money in the bank since i came into crypto.
Are you saying you invested in crypto or saving in it?#talkingpoint
I invested in crypto because it is yielding passive income. What do you think about it compared to savings?
Investment I think different from savings. But with crypto I wouldn't know the advantage of investment over savings. Can you tell us?#talkingpoint
Is saving same as investing?#talkingpoint
Because there are a whole lot to do, so many bills to pay
That is so true? So how can we manage to have some savings with so much bills to pay
Now what about making crypto and saving crypto which one is more important
#talkingpoint
Balancing the two is necessary because on the surface it may seem as if making money makes one richer but it's not, rather making money and putting it to good use like investing then saving the profits can add to one's wealth
I think I prefer investing than saving. What do you think?
Investing is great, what do you do with the profits generated from your investment, reinvest?
And what kind of investment are we talking about
Thats my daughter talking. You're the real matured daughter of your mother. But, while doing so, always shift small for me your mama oo. Am hungry
I go with making money. Is better to invest money and make more money than saving it. No one has ever become rich by saving.
#talkingpoint
Making money is important. You make it and then decide what to do with it. But then, some people believe that saving consistently for years can make one rich.
I don't believe that saving a lot can make one rich
So after making money, what next?
what saving in Crypto and saving in bank which do you think is best?
What do you do with the profits generated from your investment?
What about incases of emergency like occurance of natural disasters where money is important for survival, don't you think your savings will help?
This topic is really important because alot of people are very confused on which area to go on with. Some people are struggling with making money and saving money. Even countries are struggling between making money and saving money
Should we save money in a bank?
Banks are wolves in sheep clothing, Banks will claim they love you but don't have you at heart. All they are interested in their profit
Hahahaha. That is true. I only use the bank to swap my tokens to local currency. I change on demand. I do not keep money in the bank
many people don't know this. This is why I tell people financial education begins with crypto academy. The interest at bank is not always the focus when it comes to saving money in the bank because the interest is as good as
Banks dont even pay anything. Everyone that has not joined crypto yet is still a modern slave to our financial institutions
uhm for me it's a two Way thing if you know about crypto you can invest on it buh if you don't you can keep uIt in the bank
Saving can also go a long way. It helps to prepare for buisness opportunities if any
That is really true. But is it advisable to save money in the bank?
I don't think so if you have an experience in investing in crypto
Saving money is effective because the resources wasted can make one rich.
#talkingpoint #finance
Compared to investing money, which do you think is the best?
What about incases of emergency like occurance of natural disasters where money is important for survival, don't you think your savings will help?
Yes, it will. I think the only reason to keep some fiat is becaause of natural disasters or things like that,
Savings can be only in fiat! A good businessman keep his assets and fund running his business for him.
Gainsin saving plan, there is an arrangement for feedings, needs and emeemergememergency
i can't even imagine making money without proper investment in other to have a reason y you make money you should have things that gives you back that money. It will show you rae growing
That is true. That is why I prefer investment to savings. So that I can always have roi
Remember that investment is not possible without savings
I think one can take a loan and invest in business right? I dont think that all investment money comes from savings.
taking loan is not making money. Its saving in advance
One invest out of savings.
Really? So you have to save first, then invest. Right? Do you save in fiat?
even in crypto, there is a provision for savings. You still have not understand what saving is all about
I have. I really appreciate the type of savings that makes more money. I think that looks like investment.
Can resources be wasted in savings please? #talkigpoint
no. Otherwise is the case.
what's your opinion on saving crypto and making crypto?
#talkingpoint
I think the right term for me is investing in crypto. I have invested some reasonable money in crypto and I get returns regularly.
Thats one good thing about investing in crypto you will be getting better returns unlike Fiat money that will vanish
And remember that inflation eats into any money you save in the bank. It looses value, right?
It loses value especially Nigerian currency
Bank will now collect half in the name of charges
Yes, apart from the charges, do you know that $1 exchanges for 861 naira today?
You can imagine that insult hahaha hahaha hahaha
Do you save fiat money?
honestly am still finding my way around crypto so I still save part of my money on Fiat currency, but soon I will switch
I know you will soon change that. Fiat savings is not really a great way forward
Am done with them, they collect my money for nothing
Do you know I have several incomplete transactions till today? I think they just steal by tricks.
They stealooo, now they even work hand in hand with POS people hahahahah
a popular statement says you don't save to get rich and till today no one has broken that statement
look for instance most people save money to start making money... Meanwhile other people make money and save
Yes these are two different approaches to wealth-building! I think I rather make more money first, right?
As you're making the more money will you be keeping it or using it to make more and more?
Why did you invest in crypto as a savings plan? #talkigpoint
I made my money in crypto. So I was really confident that investing in crypto will give me more money and it has.
And I believe your investment is producing a good result, that's why you've invite few friends to invest as well. Isn't that true? #talkingpoint
Yes, thats true. And many of the friends that joined me are already seeing the gain in joining crypto. Very soon you will see it too.
Do you think am among the many?#talkingpoint
Yes. You will definitely be one of the many success stories here
It is said that a stitch in time saves nine, saving leads to a bright future but that's only possible through making money first
#talkingpoint
Thats true. May I know from you why saving money consistently is even difficult?
The cares of life makes us anxious, so we have to use the little we have to sort out bills thus making saving seem impossible
#talkingpoint
I think that is the point. Another reason seem to be low income. Also when one does not have multiple income streams, it becomes difficult right?
Exactly, that's when management of funds comes in, at this point they do not have some left for savings
#talkingpoint
you don't prefer
I would say making money is the most important, I'll state my reasons
#talkingpoint
Can we hear your reasons please
Of course, first and foremost
Everything takes a gradual step, make money first and save later
#talkingpoint
Hahahah, today's#talkingpoint really makes sense. You will hear from me shortly
Are you cooking? Please put salt and pepper first before we hear from you
Loud am ooo 😂 #talkingpoint
I no get naaa #talkingpoint
You no get salt and pepper? Should I send small for you? #talkingpoint
nooo i no get
Loud wetin? You're not making any #talkingpoint. Leave me alone jooor.
Ahh, thanks for the reminder oo. You know what #thread can lead one into doing especially when it comes to#talkingpoint
My madam don land, make more money or save money for us madam 😁 #talkingpoints
Sure. As long as am by your side, we must make and save money. Hope it's our goal?
Gbam! Make more, save more #talking points
Thats our Motto. Soon, it gonna be our Tipper . . #talkingpoint not talkingpoints" f
savings has actually come through for me alot of times and can't denial the peace that comes to one when money he or she saved comes through for the person
So since I agree that this two proposals are important, I will say which one you want to do. Seek financial education.. Saving is important, however knowing how to save is very important especia/
Yes the two are very important. But with what I know about crypto investments, I stopped saving money in the bank.
Making money gives you the opportunity to increase your wealth and pursue your goals. Ultimately, I think it depends on your individual circumstances and what's important to you
why is it good to save in crypto and what are the dangers to this effect
Crypto gives guranteed passive income. For example, HBD savings pays 20% per annum. And it is a stable coin too.
Volatility is one danger of crypto savings. But when you do it with a stable coin, the danger reduces.
stable coin
Saving more makes one financial secure than making more with much spending.
#talkingpoint
Thats true does it surprise you that most people make money and still don't save?
Are they financial secure? No!
#talkingpoint
Saving is a good habit and we save from what we have made. Setting out a percentage of what we have made and investing in it on hive/crypto #talkingpoint
yea but do you know that some people make money without saving any?