Finance; Saving For Investment When You Are Living Below The Poverty Line Is Suicidal.

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Savings Is Good But Saving Peanuts Is Frustrating!

If you are earning less than 100k monthly and you are saving money to invest, you need to reassess your plan.

Go and withdraw your saving, forget about buying land, use the money to invest in yourself. Saving for investment when you are living below the poverty line is suicidal.

Use that 200k you saved to attend conferences, to get trained, to get valuable certifications to nurture fruitful contacts, to travel around and learn.

You can make what you receive as salary today in one day if you can ignore the noise and spend time in incubation. First place to invest is in yourself so you can get enough to invest in property.

Get a functional computer, a good smart phone and buy unlimited data. Then decide to spend hours online learning and building yourself.

Use that money and book internship opportunities. Enrol for trainings, travel to places, earn Google certifications, attend parties and hook up with people that have ambitions.

Then start saving the excess when your new skills begin to attract extra returns. It makes it faster and easier.

Savings is good but saving peanuts is frustrating!

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