Post
Topic
Board Economics
Re: Saving one third what you earn monthly is not that hard, isn't it ?
by
og kush420
on 03/06/2023, 20:01:35 UTC
you are right Dr Beer
we must all know how to save money and that too at the early age. Over spending is not a good thing
now parents are trying to make their kids more practical
they are trying their kids to learn new skills


One of the problems of modern society is the unreasonable waste of money, for things that do not really solve any noticeable problems or tasks for us.
This "habit" has developed over the past 10-20 years. There are a lot of "fashionable" things that everyone thinks is "prestigious" or "revealing". Marketing and advertising - they constantly say "buy, buy." And here another problem makes itself felt - the low financial literacy of the population, and first of all the poor or close to it. The problem is that they are trying to change their status with such a purchase ... And the basis of the problem is self-deception, it does not give any changes, except for increasing costs. People from a financially more developed society, who understand what money is, its value and the ability to manage it, restrain them from such unreasonable spending. Although among the financially literate, there are people who spend money without thinking much Smiley
[/quote]Changing life style is the biggest problem of an aging person. When we reach at the stage when change is not acceptable.
then it not easy to change the life style of a person.