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Taking care of oneself is a good thing. However it is advisable that you don't spend all your resources on buying things for yourself alone. Maybe you should be taking out some part of it and save too. Who knows, it can be of good help to you and your boyfriend later in the future.
You have actually said it all my friend. If you want to invest, make sure you have proper knowledge of what you are investing in. And like you said it's better you spread your investment than putting everything you have on a single investment.
I think this is the problem a lot of people are in. To be honest majority of the time what we earn is never enough. There are always bills to pay, something to buy or an unexpected expense you need to sort out. You simply need to make some sacrifices if you want to save and invest. There are certain things you would have to let go.
Sacrifices like what? You know food won't be among the sacrifices as we can't survive without it. So for someone whose income is only enough for feeding and a few basic needs, what kind of sacrifices can he make?
True but when it comes to food, instead of eating three times a day, it can be reduced to just two times. There are days where I have had to reduce my eating to even once a day just to be able to sort out certain things. The quantity of the food can also be reduced or cut of buying junk if he is the type that buys junk food. It all depends on him. I can't really say much cause I don't know his schedule and all. Like there are times I opt to walk than take a public transport to places I can walk to and put the transport money into something else.
You may ne right, but if all of these things you mentioned are applied, how much can be saved at the end of the day? I'm not sure it will be much.
More like you probably didn't have pressing needs at that particular time. Because if you did, you might have spent it all.
True it might not be much but you are saving something and it can be used to sort out or do something. When it comes to saving or investing, it does not really have to be something big or grand. Start with the small you have.
Indeed, nothing better than making money from money! That's if there's enough money in the first place.
I used to earn like $50 or more every month online and I think its not bad if I can earn that and invest in stocks
Do you earn that from online forums or gigs?
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