Was to save at least %10 of the money I made every month and put it into a savings account or invest it. After ignoring it for 2 years I follow it religiously now (I'm only 22) I think its the best thing you can do for your own future and the future of your family.
I use to spend all of my money with out saving but after i get married i got known that we need to save money for the future purpose! so now i have started saving the money and its very important for us to save money!
I think OP's father gave advice for safe investment not gambling Not take it wrong way spider man but investment in bank's FD or gov. schemes are safe investment IMO. DON.
Same is the case with me....But I do not say that I have lost it! I am sure I will be able to recover...not only the principle amount but a lot more than that! Regards, RightMan
if you only save then you should take inflation into consideration as well! but if you save and invest, then its good!
The only bit of advice I got from my dad was: "Nobody is nice for no reason. If someone is nice to you then question why they are being nice to you and what kind of scam they are pulling." Very very true.