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Is it necessary to save and invest money despite being rich?
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[QUOTE="TOZZIBLINKZ, post: 273262, member: 37528"] The act of saving and investing money is not only restricted to those who are striving hard to achieve financial freedom, rather the act of saving money is for every individual both rich and poor seeking for ways to maintain wealth and also seeking for ways to be financially equipped for the future because the future is considered to be filled with so much unforeseen occurrences and untold circumstances which from time to time will need the involvement of money to be adequately resolved and handled. Even if you are rich and wealthy it is never a sufficient and adequate reason for you not to save and invest money and that is because no individual is guaranteed to be rich and wealthy forever and there have been many recorded occasions and situations where individuals who were once considered rich and wealthy have later gone broke and poor. Most of the time the reason leading to their loss of wealth and riches is always trailed to the fact that they did not save and invest their money when they should have. In order to maintain our wealth and riches it is absolutely necessary that we understand the importance and the benefits that comes when we take our time and our energy to invest and save our money now that we have it. We do not want to end up being regretful, remorseful, and pained for not investing and saving our money that is why we must take any sure opportunity we see to invest and also to save money. As a perishable asset money is, it is absolutely vital that we keep it handy and close to us at all times and that could be made possible when we save and invest it. [/QUOTE]
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Is it necessary to save and invest money despite being rich?
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