Safe as much as you can (within reason)

If you know what ‘enough money’ is to you, and if you earn as much as you can (within reason/in a healthy way), then you can safe a lot of it! Just, why would one safe any though? Well, it seems to be something natural. Saving and creating stocks is a perfectly normal phenomenon in nature. To survive the ‘winter’ you need to be able to safe up.

Saving up means investing in the future:

• For your own further professional development;
• For the education of your kids, to ensure a healthy growth for the next generation;
• For reparations on the house, garden, land, car, etc;
• For innovation! Your profession, and your company cannot (and they do not) stand still, therefore it is necessary to put energy, time, and money into innovation;
• For the phases in life that you will be less able to work.

Saving up also means investing in solidarity:

• If you have saved up some money, you are able to support others in need;
• If you have saved up some money, you can invest in the society, in nature, in arts and support in making your country better, more beautiful (not just for now, but also for the next generations);
• If you have saved up some money, you can support people in other countries, and help them to build a healthy society!

Some more ideas:

1. So, if you know what ‘enough money’ is to you, and if you earn as much as you can (within reason/in a healthy way), then you can safe a lot of it. Therefore both aspects are very important: knowing what expenses are really superfluous, and finding ways to earn more money (to earn what your worth).
2. To make things easier, and to take concrete action, it is wise to have a savings-account next to your normal bank-account. Following, you have to use it of course. Choose to transfer some money to your savings-account each month. Turn it into something structural. If you find it difficult to put money aside right now, just start with a minimal – more or less symbolic – amount. Optimally we ought to develop our saving-skills towards saving about 10% of our earnings. That way (given usual interest and inflation) you start really saving a nice little amount over some years! You will be able to pay for further development, the education of your kids etc. without the need of extra loans.

Saving can also be an instigator for getting innovative! It can be a challenge by itself, and so it can be a great way of developing your ‘Antifragility’ (see blogs of the beginning of March)! Go for it!