Investment.

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Saving money is really very important because it aids financial freedom and make us have a better life....

It is interesting to know that we can actually save money by spending it,how does that sound??paradoxical??it sounds crazy or weird??

Yeah we can save money by spending it ,but that is possible when we actually spend it on great investments...yeah now you understand where I am going....

Spending on good investments is the best way to save money and be able to earn on the money itself....

Just saving money in our bank account is not the only way to save money,via proper investment we can save for our future...

We can invest on cryptocurrencies and use that as a way of saving for future purposes...for example if you have $10000 you can save it by spending it via investing on a good crypto and keep holding it for long term..the advantage of this saving method is that you can earn profit while also saving at the same time....

So when next someone tells you that you can save money by spending the money,do not doubt such person because yeah it might sound stupid but it is actually possible to save by spending....

This is my entry to the contest by @calumam

The keyword for this week is "paradox" so that is why I have decided to create this post....you can check out the details of the contest here

Thanks for reading....


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It is good to spend and more when it is cryptocurrencies, just yesterday I wrote about an experience that happened to me .. I really like how you develop the subject since all the effort you make now will be reflected in the not too distant future!


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Smiles....I almost chose to write on this paradoxical phrase, but thank goodness I did not because we would have been dragging the price...lol

It is true that this is paradoxical in nature, but it is the truth, saving money by spending it is a sure investment than just letting it lie around in the bank

And the way banks behaves these days, they consistently charge you for unnecessary reasons, and every improvement they try to employ in the system only means we get to pay for them with or without our knowledge

One is advised to seek financial freedom not by saving rather by investing in projects that will yield the desire returns

you just need to do your due diligence on such projects before embarking on them

one of them is cryptocurrency as you said, it is a decentralized portfolio that is a guarantee to bring great gains if the investor is willing to hodl

Beautiful entry, I wish you luck in the contest


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nice topic spending money to get more money, i think cryptocurrencies is suitable for that. Great article mate !


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An interesting take. To make money, you have to spend money. Burying money in your backyard won't make it grow :)


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After all, we are always spending our money anyway.

So let it be in the form of a return hehe

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But isn't spending almost by definition more short term than investing as it means paying for a good or service? Investing is at least not a form of spending, it too is a way of saving imo.

Perhaps it would be more right to say that sometimes, spending can be the best thing you ever did when buying an inspiring or educational book that changes your life for the better and results in your wealth increasing. Or spending a bit more in order to eat healthier as an investment in your own productivity. Or buying something for someone in need who ends up paying you back many times over later. Many examples of how good spending can be better at increasing one's wealth long term than saving in the bank these days, that's for sure!


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Cool. It's really true. Strategic spending can leave you the better for your expenditure. That's how most of the world's richest man got rich in the first place.


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