How can young people balance consumption, savings, and investment? Hear what industry experts have to say.

【BlockBeats】Earning capacity is usually limited when you’re young, but that doesn’t mean you can’t accumulate wealth. The key is to find your own balance point.

Many people fluctuate between consumption, savings, and investment. Some overspend, living paycheck to paycheck; some are afraid to spend money and deposit all income into the bank; others blindly invest, ending up with nothing. In fact, all three are important, and the issue is how to allocate them.

It is worth mentioning that the scope of investment is much broader than people imagine. Financial investment is just one part; more importantly, invest in yourself—learn new skills, improve professional abilities, and broaden your horizons. When you’re young, you have enormous future earning potential, and for this reason, taking moderate risks is a wise move.

Reading is the most fundamental way of learning. Through reading, you can absorb the lessons learned by others. The book “Zero Balance Death” offers a deeper discussion on how to allocate money and is worth a read.

In summary, don’t over-save—many people’s common problem is saving money to the extreme, resulting in resources not being used to their full potential. Allocate some resources to personal development and self-improvement; this is the smartest choice when you’re young. When risk management is well handled, the returns will naturally follow.