Are you saving or investing?

[Starmix]

Everyone needs to have savings for the future or other reasons, like accumulating money for a very important project. There might be other reasons; only you know what it is. In my case, yes, I have savings. I started saving when I was 11 years old, and this attitude of mine helps me save a lot, which I spent on my first investment, which is a Mutual Fund. And because of my savings, I was able to operate both offline and online businesses. My offline business is selling milk tea. It was done through frvvhchsing. For my online business, I am selling printed T-shirts and branded shoes. hey are displayed on Facebook Marketplace. I also invested in stocks. What about you?

 

[eLdavis]

At the moment i am currently trying to do both. Though there are times where i am not able to save due to unplanned expenses. I recently invested a little on stocks as well.

 

[Starmix]

At the moment i am currently trying to do both. Though there are times where i am not able to save due to unplanned expenses. I recently invested a little on stocks as well.

That is good, and you also have your latest offline and online businesses. It's so good to hear about the progress you made for the year 2025 and perhaps more in 2026. Hurray!

 

[Sanjeev]

I also try to do both. As you don't get good returns on savings, it is better to invest your money for good returns. I know investment is risky, but you have to take risks if you want a good return.

 

[Starmix]

Indeed, it's essential to save and at the same time invest. If our savings are enough, we can invest more. Let us also remember to invest only in something we can afford to lose money. It is better to be safe than never.

 

[uptrendfinancialsignal]

I think the plan that each and every individual should have is to invest more than savings because savings will never increase your money. So, these days I’m leaning more towards investing than saving my money. I am not totally knocking out savings, of course it is good, but inflation can eat deep into your money. Though certain amounts still go into savings for emergencies, but most of my focus is on investments that can grow like what @Mike30 introduced. I am also perfecting my skills in Forex too. I’ve learnt the hard way not to put money in something just because everybody is shouting about it.

 

[Starmix]

If I had not saved during my childhood up to the time I got a job after my college graduation, I may never have had an offline and online business. What can you invest in if you do not have money? Though we can invest in our potential but it takes time to develop a talent to have it as capital to earn.