You need to be an expert at saving and spending

in Project HOPE2 years ago

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Life has that bridge of connection between what we enjoy and what we sacrifice to enjoy.

Someone may win the lottery and say to spend until they run out of money again, there are also people who do not save, so they only spend on what is necessary, and finally there are people who only save and generate greed for money and never enjoy the benefits of being able to save.

Given all these circumstances I have thought that if we become experts in saving and spending, then we will be able to enjoy the benefits of saving and spending.

We can start from the fact that the great millionaires of the world save, and we who are the vast majority who only earn enough for the basics do not save, then we must think that something is wrong, because the duty is that the one who has less saves, and the one who has more spends.

That is why I say that the explanation to everything is in the balance, because the balance allows us to enjoy all the benefits that life has, the balance in our personal economy is in the fact that we can save to be able to undertake a successful business, that will derive from a great success in our finances, therefore we must spend what has meant our sacrifice, but all with balance, because otherwise we are left with nothing.

In nature cycles are fulfilled, such as the water cycle, the nitrogen cycle, the carbon cycle, in our personal economies we should also seek to fulfill certain processes in a cyclical manner.

An example of this is that in order to achieve our entrepreneurial goals, we have to save, once we achieve it, we take a break and spend a certain amount of money to enjoy with our family, health, travel, food and other things, however our entrepreneurial aspirations can go further, for example to have several branches, but to achieve this we need to continue saving to be able to finance ourselves, and so on it happens in our lives, in which we end up concluding that we can be happy spending and saving, since this process allows us to enjoy the benefits of saving and the benefits of spending.

The balance between saving and spending is important for the individual economy of any person, no matter what economic status they have, as we have historically seen multimillionaires with millions of dollars going broke living on the street. That is why from my point of view the balance between saving and spending is for everyone equally.

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Hello @carlos84!
A key word is balance, we cannot only save and not enjoy and share nor only spend, we have to save because that will lead us to get what we want, however enjoying the profits will allow us to live better. Thank you for sharing.

That is correct, the important thing is to be able to maintain a balance between expenses and savings. Greetings and thanks for reading and commenting.

Striking a balance between savings and spending will help one live a well-fulfilled life. What is the essence of getting all the funds worldwide and not spending the accumulated funds?

That's right my friend, what's the point of saving if we are not going to spend even the most basic expenses. Greetings and thanks for reading and commenting.

My pleasure

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