Saving is crucial to financial stability and the earlier you start, the easier it will be.
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We spend money daily; on food, gas/transport, our phone, etc. and most times these are expenses that we have thought about, planned for... -
We are surrounded by information that suggests one way or another for money to be spent or saved or whatever. Sometimes we may not be open ... -
Investopedia.com said something very true, which is that most of us hope to live until a ripe old age, but longevity can have perils. A...
Deficit budget= No savings
ReplyDeleteI hear you there....will post something on that soon.
DeleteIt has been difficult to save when there is always an expense. What have been working for me though, is saving in an account where it is not easy to withdraw. A salary deduction is done so it doesn't come into my hands for me to consider touching it.
ReplyDeleteHey Lisa. I admit that saving can be a challenge at times but you have a good solution there.
DeleteI understand the concept of saving but i believe HOW you save is just as important. For example, saving in a bank might just be not saving at all. Wouldn't it be better to invest where returns are more liable?
ReplyDeleteI agree that the HOW is important and yes, I am all about getting returns on my money. Sometimes, the goal is different, so that will determine whether we simply save or invest. Will do a post eventually on that, look out for it.
DeleteRainy days are somewhat guaranteed and savings are a sure way to weather the storm.
ReplyDeleteAgreed 100%
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