Make or Save?

What's more important - make or save money?  I have to say making money is more important for most people most of the time. You can't really save any until you've made some, can you? Boosting your ability to obtain income should take center stage especially in the early part of your life.

Basic needs will be roughly the same for all of us regardless of background, education, intelligence or what have you.  Once you have a balance between your expenses and your income, the focus begins to shifts to savings, the difference between the two.  The more you can increase the gap between them the more you save.

Why save?  Well, you could live paycheck to paycheck for the rest of your life.  Some people do that. Some even enjoy it.  For most of us, however, independence from the regular paycheck is either a dream or a goal.  Savings can be invested and investments produce return, an income stream.  With very little effort on your part, returns on investment can, over time, replace some or all of your paycheck.  That's financial independence.