It’s worth saving - investing (I assume you mean in the stock market/index/mutual fund) probably wouldn’t yield very significant growth but it is worth saving what you can.
Why would the absolute amount of money matter for investing vs. saving cash? Assuming he finds a broker for which absolute transaction fees are negligible, the only important factors should be time window and risk tolerance, both of which are independent of the absolute saving rate.
Investing accidently helped me save. If I have money in an account, and I need to use it, I will, but by buying stocks and bitcoin, I don’t have that money, I have things that will increase in value that I can sell for money. And there have been a few desperate times that I had to do that, but my brain is far more unlikely to take a hypothetical future loss, than spend all my money today.
It’s worth saving - investing (I assume you mean in the stock market/index/mutual fund) probably wouldn’t yield very significant growth but it is worth saving what you can.
Why would the absolute amount of money matter for investing vs. saving cash? Assuming he finds a broker for which absolute transaction fees are negligible, the only important factors should be time window and risk tolerance, both of which are independent of the absolute saving rate.
Investing accidently helped me save. If I have money in an account, and I need to use it, I will, but by buying stocks and bitcoin, I don’t have that money, I have things that will increase in value that I can sell for money. And there have been a few desperate times that I had to do that, but my brain is far more unlikely to take a hypothetical future loss, than spend all my money today.