When were kids our parents always mentioned to us that we should save money. And until when we should do it? Honestly, the answer to this question is very simple… as soon as we have enough savings to support our daily needs when we are no longer capable of working. But are we certain that our savings will be sufficient? Well, my answer is NO, why? Because there are so many uncertainties that will drain our savings easily like plunging economy with high inflation rate, luxurious desires, social obligations/responsibilities, etc.
In times of financial crisis, we should also spend our money wisely and we should make more investments but don't invest using your entire savings. Start a small business then after you get the capital (return on investment or ROI), you can make it bigger or expand the business and you should have to take the risk and gamble.
After all, successful business entrepreneur don't just have resources, skills and abilities but they don't wait for things to happen because they make things to happen.
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