A short monologue (YouTube video) by Nataliey Bitature advocating disciplined saving habits. The speaker emphasizes saving roughly 20% of income, practicing deferred gratification, and using accumulated savings to invest in self-improvement or long-term useful assets rather than flashy short-term purchases.
You. Saving is a very important habit to build. A lot of people say you can never get rich by saving, but I assure you, all rich people have the discipline to save, and they've been doing it for a long time. It's one of the habits that has gotten them to where they are. Savings is about discipline. It's about deferred gratification. Instead of spending the money today, you're spending it tomorrow. You should be saving about 20% of your income. It's an important target to have so that you get used to the discipline of making the choice of spending the money or saving the money. It's that discipline that you need to practice, because when you have a bigger amount of money, you'll need to have the discipline to say, I'm going to buy something that's useless or I'm going to invest in myself. That's the second part of savings. Once you've accumulated a certain amount of money, you now have the freedom and the choice to. To invest in yourself. To invest in something that's useful for you. To invest in something that's useful for your future, whether it's a course or a book or a house or a car or something that's going to make your life better, not something that's simple and shiny and just for showing off to your friends. Once you build the discipline of saving, of sacrificing the spending now.
